India EV policy

India’s EV Import Scheme: $35,000 Cars at 15% Duty with Big Investment

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“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

Last Chance to Save Big on EVs: Tax Credits May Vanish Soon

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The clock is ticking for Indian EV buyers as tax credits and subsidies face potential cuts. With global policies shifting and India’s FAME-III scheme under review, now may be the final opportunity to secure savings on electric vehicles. Experts urge buyers to act fast to leverage existing incentives before they disappear, impacting EV affordability. Hurry! … Read more