{"id":463373,"date":"2022-01-22T10:49:42","date_gmt":"2022-01-22T05:19:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=463373"},"modified":"2022-01-22T11:36:59","modified_gmt":"2022-01-22T06:06:59","slug":"indias-market-for-luxury-electric-vehicles-is-hotting-up-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-market-for-luxury-electric-vehicles-is-hotting-up-2\/","title":{"rendered":"India&#8217;s market for luxury electric vehicles is hotting up"},"content":{"rendered":"<p>Even as Tesla is holding out for India to lower import duties on electric cars, rivals such as Mercedes-Benz, and Volvo are seeing a bigger opportunity in assembling these cars locally. Taxes on locally assembled electric cars add up to 45% versus 110% on imported models, making them more affordable for consumers in India and a better business model for companies, an analysis by ET showed.<\/p>\n<p>India\u2019s market for luxury electric vehicles is getting hotter, with the likes of Mercedes-Benz, Audi, BMW, Volvo lining up a slew of launches and state governments making a beeline to support Tesla&#8217;s entry into the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even as Tesla is holding out for India to lower import duties on electric cars, rivals such as Mercedes-Benz, and Volvo are seeing a bigger opportunity in assembling these cars locally. Taxes on locally assembled electric cars add up to 45% versus 110% on imported models, making them more affordable for consumers in India and a better business model for companies, an analysis by ET showed. India\u2019s market for luxury electric vehicles is getting hotter, with the likes of Mercedes-Benz, Audi, BMW, Volvo lining up a slew of launches and state governments making a beeline to support Tesla&#8217;s entry into [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-463373","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=463373"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463373\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=463373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=463373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=463373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}