Tag Archives: EVs

The Biden administration is set to announce significant tariffs on a range of Chinese imports, encompassing electric vehicles (EVs), semiconductors, solar equipment, and medical supplies. According to sources familiar with the plan, these tariffs are part of a broader strategy aimed at addressing concerns over China's manufacturing practices, particularly in areas of overcapacity and potential threats to U.S. jobs and national security.

Elon Musk, the CEO of Tesla, has emphasized the significance of India's transition to electric vehicles (EVs) by stating that it's a "natural progression" for Tesla to provide electric cars in India, just like in other countries. This statement comes amid Tesla's strategic plans to establish a manufacturing presence in India and contribute to the country's burgeoning electric mobility landscape.

India is set to witness a major push towards electric mobility with the introduction of a new ₹500 crore scheme aimed at promoting the adoption of electric vehicles (EVs) across the country. The scheme, known as the Electric Mobility Promotion Scheme 2024 (EMPS 2024), is part of the government's efforts to accelerate the transition towards cleaner and greener transportation options.

The Indian government has implemented a new policy aimed at boosting the electric vehicle (EV) industry by significantly reducing import taxes, particularly benefiting global manufacturers like Tesla. This move is part of a broader strategy to attract investments and promote the adoption of EVs in the country.