Hyperdrive

India Says Up to Tesla to Lay Down EV Plant Investment Plans

  • Government cut import duties on electric vehicles last month
  • Four-wheeler EV penetration may hit 10% by 2030: Singh

The Tesla Model Y.

Photographer: Samsul Said/Bloomberg
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India’s industry secretary said the ball is now in Tesla Inc.’s court to lay down its investment plans for the South Asian nation after the government cut import duty on electric vehicles.