Is there enough juice in the fine print to get Elon Musk all charged up about the purchasing power of our billion plus population for his Models 3, Y or even S? With spotty charging infrastructure further tripping up several mega ambitions, perhaps the bigger beneficiary of the electric buzz will be another company whose initials also start with the same alphabet T: Toyota that by doubling down on “headache free” hybrids have made them far more mainstream.
Indonesia And Thailand EV Strategy: Indonesia and Thailand are offering tax incentives, lower import taxes, and value-added tax breaks to attract electric vehicle manufacturers. Indonesia aims to produce 600,000 EVs by 2030, leveraging its nickel reserves. India is implementing schemes to attract EV companies, while VinFast Auto and BYD plan to enter the Indian market.
Indonesia and Thailand are offering tax incentives, lower import taxes, and value-added tax breaks to attract electric vehicle manufacturers. Indonesia aims to produce 600,000 EVs by 2030, leveraging its nickel reserves. India is implementing schemes to attract EV companies, while VinFast Auto and BYD plan to enter the Indian market.
While talking about the aim to develop the domestic automobile sector, with a deep focus on EVs, Goyal invited global companies to manufacture in the country given the cost effectiveness India offers.