Tesla Wins Volkswagen’s Support in Push for India EV Tax Cut
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Volkswagen AG’s Indian unit has thrown its support behind Tesla Inc.’s push for a tax cut on electric-vehicle imports, saying a reduction in tariffs would help the entire industry.
“Cutting duties on EVs even to 25% from the current levels which are as high as 100% wouldn’t pose a threat to domestic players, but would help to drive investment and speed up creation of the ecosystem,” Gurpratap Boparai, the managing director of Skoda Auto Volkswagen India Pvt., said in an email.