{"id":1292979,"date":"2025-04-03T09:41:16","date_gmt":"2025-04-03T04:11:16","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1292979"},"modified":"2025-04-03T09:41:53","modified_gmt":"2025-04-03T04:11:53","slug":"threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/","title":{"rendered":"Threatened With US Tariffs, India Will Reduce Import Duty On E-Vehicles Defying Auto Lobby"},"content":{"rendered":"\n

India is set to reduce import tariffs on electric vehicles (EVs)<\/strong>, rejecting pleas from domestic automakers<\/strong> to delay cuts until 2029<\/strong>, according to sources cited by Reuters<\/strong>. The decision comes as New Delhi prioritizes a trade agreement with the United States<\/strong>, even as local manufacturers fear increased foreign competition<\/strong>.<\/p>\n\n\n\n

\"Threatened<\/figure>\n\n\n\n

Government\u2019s Move to Lower EV Tariffs<\/strong><\/h3>\n\n\n\n

Currently, India’s import duty on EVs stands at up to 100%<\/strong>, but the government is planning a significant reduction<\/strong><\/a> as part of its bilateral trade deal with the U.S.<\/strong>. Officials indicate that the auto sector will be among the first areas to see tariff cuts<\/strong>.<\/p>\n\n\n\n

A senior government official stated:<\/p>\n\n\n\n

\n

“We have protected the auto industry for far too long. We will have to open it up.”<\/em><\/p>\n<\/blockquote>\n\n\n\n

However, the exact reduction size remains undisclosed<\/strong> as negotiations with Washington are ongoing.<\/p>\n\n\n\n

Winners and Losers: Tesla vs Indian Automakers<\/strong><\/h3>\n\n\n\n
    \n
  • Tesla Gains<\/strong> \u2013 The move is a victory for Tesla<\/strong>, which has finalized showrooms in Mumbai and New Delhi<\/strong> and aims to start selling imported models in India this year. Elon Musk has previously criticized India\u2019s high import duties<\/strong>, with former U.S. President Donald Trump calling India a “tariff king.”<\/strong><\/li>\n\n\n\n
  • Indian Automakers Lose<\/strong> \u2013 Tata Motors, Mahindra & Mahindra<\/strong>, and other local manufacturers have invested heavily in domestic EV production<\/strong> and lobbied against the duty cuts<\/strong>. They argue that early tariff reductions<\/strong> will harm their competitiveness<\/strong> before India\u2019s EV manufacturing incentive program expires in 2029<\/strong>.<\/li>\n<\/ul>\n\n\n\n

    Implications for India\u2019s EV Market and Trade Deals<\/strong><\/h3>\n\n\n\n
      \n
    1. Pressure on Local EV Makers<\/strong> \u2013 India\u2019s EV sales accounted for just 2.5% of total car sales (4.3 million units) in 2024<\/strong>. The government aims to push this to 30% by 2030<\/strong>, but local manufacturers fear that allowing cheaper imports will slow domestic growth<\/strong>.<\/li>\n\n\n\n
    2. Concerns Over EU and UK Trade Talks<\/strong> \u2013 Automakers worry that the U.S. trade deal could set a precedent for similar tariff reductions with Europe and Britain<\/strong>, leading to greater competition in the Indian EV space<\/strong>.<\/li>\n\n\n\n
    3. Internal Combustion Engine (ICE) Cars Could See Gradual Cuts<\/strong> \u2013 Carmakers are open to some duty cuts on gasoline models<\/strong>, followed by a phased reduction to 30%<\/strong>, but they want a more cautious approach for EVs<\/strong> due to their early-stage investments<\/strong>.<\/li>\n<\/ol>\n\n\n\n

      As India moves forward with tariff reductions<\/strong>, the auto industry is bracing for major shifts in market dynamics<\/strong>, with Tesla and other global EV players poised to gain a foothold<\/strong> in one of the world’s fastest-growing car markets.<\/p>\n","protected":false},"excerpt":{"rendered":"

      India is set to reduce import tariffs on electric vehicles (EVs), rejecting pleas from domestic automakers to delay cuts until 2029, according to sources cited by Reuters. The decision comes as New Delhi prioritizes a trade agreement with the United States, even as local manufacturers fear increased foreign competition. Government\u2019s Move to Lower EV Tariffs […]<\/p>\n","protected":false},"author":30,"featured_media":1293008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[124],"tags":[5563,329],"class_list":["post-1292979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile","tag-tariffs","tag-usa"],"acf":[],"yoast_head":"\nThreatened With US Tariffs, India Will Reduce Import Duty On E-Vehicles Defying Auto Lobby - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Threatened With US Tariffs, India Will Reduce Import Duty On E-Vehicles Defying Auto Lobby - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"India is set to reduce import tariffs on electric vehicles (EVs), rejecting pleas from domestic automakers to delay cuts until 2029, according to sources cited by Reuters. The decision comes as New Delhi prioritizes a trade agreement with the United States, even as local manufacturers fear increased foreign competition. Government\u2019s Move to Lower EV Tariffs […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/\" \/>\n<meta property=\"og:site_name\" content=\"Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-03T04:11:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-03T04:11:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Untitled-design-44.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"465\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mohul Ghosh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mohul Ghosh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/\",\"url\":\"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/\",\"name\":\"Threatened With US Tariffs, India Will Reduce Import Duty On E-Vehicles Defying Auto Lobby - Trak.in - Indian Business of Tech, Mobile & Startups\",\"isPartOf\":{\"@id\":\"https:\/\/trak.in\/stories\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Untitled-design-44.jpeg\",\"datePublished\":\"2025-04-03T04:11:16+00:00\",\"dateModified\":\"2025-04-03T04:11:53+00:00\",\"author\":{\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7\"},\"breadcrumb\":{\"@id\":\"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/#primaryimage\",\"url\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Untitled-design-44.jpeg\",\"contentUrl\":\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Untitled-design-44.jpeg\",\"width\":1000,\"height\":465},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trak.in\/stories\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Threatened With US Tariffs, India Will Reduce Import Duty On E-Vehicles Defying Auto Lobby\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trak.in\/stories\/#website\",\"url\":\"https:\/\/trak.in\/stories\/\",\"name\":\"Trak.in - Indian Business of Tech, Mobile & Startups\",\"description\":\"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trak.in\/stories\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7\",\"name\":\"Mohul Ghosh\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g\",\"caption\":\"Mohul Ghosh\"},\"url\":\"https:\/\/trak.in\/stories\/author\/mohul-ghosh\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Threatened With US Tariffs, India Will Reduce Import Duty On E-Vehicles Defying Auto Lobby - Trak.in - Indian Business of Tech, Mobile & Startups","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/","og_locale":"en_US","og_type":"article","og_title":"Threatened With US Tariffs, India Will Reduce Import Duty On E-Vehicles Defying Auto Lobby - Trak.in - Indian Business of Tech, Mobile & Startups","og_description":"India is set to reduce import tariffs on electric vehicles (EVs), rejecting pleas from domestic automakers to delay cuts until 2029, according to sources cited by Reuters. The decision comes as New Delhi prioritizes a trade agreement with the United States, even as local manufacturers fear increased foreign competition. Government\u2019s Move to Lower EV Tariffs […]","og_url":"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/","og_site_name":"Trak.in - Indian Business of Tech, Mobile & Startups","article_published_time":"2025-04-03T04:11:16+00:00","article_modified_time":"2025-04-03T04:11:53+00:00","og_image":[{"width":1000,"height":465,"url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Untitled-design-44.jpeg","type":"image\/jpeg"}],"author":"Mohul Ghosh","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mohul Ghosh","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/","url":"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/","name":"Threatened With US Tariffs, India Will Reduce Import Duty On E-Vehicles Defying Auto Lobby - Trak.in - Indian Business of Tech, Mobile & Startups","isPartOf":{"@id":"https:\/\/trak.in\/stories\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/#primaryimage"},"image":{"@id":"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/#primaryimage"},"thumbnailUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Untitled-design-44.jpeg","datePublished":"2025-04-03T04:11:16+00:00","dateModified":"2025-04-03T04:11:53+00:00","author":{"@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7"},"breadcrumb":{"@id":"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/#primaryimage","url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Untitled-design-44.jpeg","contentUrl":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Untitled-design-44.jpeg","width":1000,"height":465},{"@type":"BreadcrumbList","@id":"https:\/\/trak.in\/stories\/threatened-with-us-tariffs-india-will-reduce-import-duty-on-e-vehicles-defying-auto-lobby\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trak.in\/stories\/"},{"@type":"ListItem","position":2,"name":"Threatened With US Tariffs, India Will Reduce Import Duty On E-Vehicles Defying Auto Lobby"}]},{"@type":"WebSite","@id":"https:\/\/trak.in\/stories\/#website","url":"https:\/\/trak.in\/stories\/","name":"Trak.in - Indian Business of Tech, Mobile & Startups","description":"Trak.in is a popular Indian Business, Technology, Mobile & Startup blog featuring trending News, views and analytical take on Technology, Business, Finance, Telecom, Mobile, startups & Social Media Space","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trak.in\/stories\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/5092a7d2906e3f3c819643435477c2a7","name":"Mohul Ghosh","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/trak.in\/stories\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/66c129d83dd3f325a3b550eb1aa16891173ddfc4686361424206cd9a01311c89?s=96&d=mm&r=g","caption":"Mohul Ghosh"},"url":"https:\/\/trak.in\/stories\/author\/mohul-ghosh\/"}]}},"jetpack_featured_media_url":"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Untitled-design-44.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1292979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/comments?post=1292979"}],"version-history":[{"count":1,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1292979\/revisions"}],"predecessor-version":[{"id":1293009,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/posts\/1292979\/revisions\/1293009"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media\/1293008"}],"wp:attachment":[{"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/media?parent=1292979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/categories?post=1292979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trak.in\/stories\/wp-json\/wp\/v2\/tags?post=1292979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}