No Tesla policy; can seek incentives under existing schemes: Government official
There is no unique policy for Tesla, however the company is eligible for incentives under the following programmes: A member of the government. During their trip to the country one month ago, executives from Tesla met with government officials from a variety of ministries, including the Ministry of Commerce and Industry.
NEW DELHI: According to a government official, the government is not currently aiming to create a distinct policy to provide incentives to the US-based electric vehicle manufacturer Tesla. Instead, the company can apply to get help under already existing programmes like the PLI for auto and advanced chemical cells.
With an investment of Rs 18,100 crore, the government has already launched the production-linked incentives programmes (PLI) for advanced chemistry cell (ACC) battery storage, as well as the PLI programme for the auto, auto-components, and drone industries.
We informed Tesla that the PLI is subject to the same policies that are already in place for everyone.They can come in.In general, everyone will be subject to the same rules.The government might not want to create distinct policies for a particular corporation.The official stated that there is currently no plan to provide special care.
We have visited with representatives of Panasonic, the largest battery supplier to Tesla, and they have told us that they intend to manufacture batteries.The official continued, “We have proposed that they apply under PLI ACC batteries.
Re-bidding of production-linked incentives for the production of 20 GWh advanced chemistry cells was announced by the government last week.
Prior to the start of the rebidding process for the remaining 20 GWh capacity, the Ministry of Heavy Industries will confer with stakeholders, including representatives from the industry, on July 24.
Last month, Tesla representatives travelled to the nation to meet with members of numerous ministries, including the Commerce and Industry Ministry.
The American manufacturer of electric vehicles (EVs) asked India to lower import taxes on EVs in 2021.
Currently, the customs duty on automobiles imported as completely built units (CBUs) ranges from 60% to 100%, depending on the engine size and price, insurance and freight (CIF) worth below or over USD 40,000.
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