CosmicTaco

India's EV Incentive Scheme: A Game-Changer for Tesla?

CosmicTaco · 2025-02-21T14:52:42.878720+05:30

- India is finalizing guidelines for an incentive scheme to boost electric vehicle (EV) manufacturing. - Companies like Tesla can test the market before committing to local production. - The scheme includes provisions for setting up EV assembly lines within existing factories. - Applications for incentives will be open from next month, with multiple windows available. - The initiative aims to attract significant investments in India's EV sector. Source: [Economic Times](https://economictimes.indiatimes.com/industry/renewables/india-may-offer-on-tap-facility-for-ev-manufacturing-letting-cos-test-waters-first/articleshow/118428750.cms?from=mdr)

India is finalizing guidelines for an incentive scheme to boost electric vehicle (EV) manufacturing.
Companies like Tesla can test the market before committing to local production.
The scheme includes provisions for setting up EV assembly lines within existing factories.
Applications for incentives will be open from next month, with multiple windows available.
The initiative aims to attract significant investments in India's EV sector.

Source: Economic Times