Tata Motors plans to import Jaguar Land Rover luxury electric vehicles for Indian market

2024-12-24 15:16
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According to Reuters, Tata Motors plans to import Jaguar Land Rover luxury electric vehicles for the Indian market under the Indian government's new policy. The Indian government has reduced import taxes on some electric vehicles to increase the penetration of electric vehicles. These automakers must invest at least $500 million within three years and start local production. Tata Motors and Jaguar Land Rover are discussing the possibility of applying for incentives under the new policy.