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Musk wants to bring Tesla to India, blames high import duties

Musk wants to bring Tesla to India, blames high import duties

TIL Desk/Business/New Delhi/ Tesla CEO Elon Musk said that its electric vehicle (EV) company wants to launch cars in India, but the country’s import duties on EVs are “highest in the world by far”. Replying to an Indian YouTuber on Twitter, who asked him to launch Tesla cars ASAP in India, Musk blamed high import rates in the country.

“We want to do so, but import duties are the highest in the world by far of any large country!” he wrote. “Moreover, clean energy vehicles are treated the same as diesel or petrol, which does not seem entirely consistent with the climate goals of India,” he added.

Last year, a report said that India has taken a slew of measures to promote the use of electric cars in the country. The government slashed Goods and Services Tax (GST) on electric vehicles to five per cent from earlier 12 per cent but to protect domestic automakers, it levies 125 per cent duty on imported vehicles.

“I’m told import duties are extremely high (up to 100 per cent), even for electric cars. This would make our cars unaffordable,” Musk earlier said while responding to a tweet from an Indian follower.

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