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April 02,2025

India to Cut EV Tariffs, Rejects Delay Requests

India plans to reduce import tariffs on electric vehicles (EVs), prioritizing a trade deal with the US. Despite requests from local automakers to delay cuts until 2029, the government aims for significant reductions, including on EVs. The move is part of ongoing trade talks with the US and may benefit Tesla, but pose challenges for domestic companies like Tata Motors.

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