India's new EV policy allows imports from any country, including China

India's new EV policy allows imports from any country, including China

An electric vehicle (EV) is driven on the road near India's Rashtrapati Bhavan Presidential Palace in New Delhi, India, August 11, 2023. REUTERS/Anushree Fadnavis/File Photo

India has no restrictions on the import of electric vehicles from any country, including China, under a new EV policy, a senior government official told broadcaster CNBC-TV18 on Tuesday.

Last month, India announced lowering import taxes on certain electric vehicles produced by carmakers who commit to invest at least $500 million and start domestic manufacturing within three years.

Reuters

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