India tax panel calls for steep levies on luxury EVs in blow for Tesla, BMW

India tax panel calls for steep levies on luxury EVs in blow for Tesla, BMW

TSLA
Positive
Market
India tax panel calls for steep levies on luxury EVs in blow for Tesla, BMW

Summary

An Indian tax panel has proposed steep increases in consumer levies on luxury electric cars priced above $46,000, a gove...

An Indian tax panel has proposed steep increases in consumer levies on luxury electric cars priced above $46,000, a government document showed, a move that could impact sales of carmakers such as Tesla , Mercedes-Benz, BMW and BYD.

Tags

TSLA