India’s EV Import Scheme: $35,000 Cars at 15% Duty with Big Investment
“India’s new EV policy slashes import duties to 15% for electric vehicles priced above $35,000, incentivizing global automakers to invest ₹4,150 crore in local manufacturing. The SPMEPCI scheme, launched in June 2025, aims to boost India’s EV ecosystem, create jobs, and support net-zero goals, with applications open until October 21, 2025.” New EV Policy Opens … Read more