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Bhavish Aggarwal "strongly disagree" with Elon Musk's demand over EVs import tariff


Tesla’s demand for a lowering in tariffs on imported electric vehicles has provoked a response from several other CEOs. Bhavish Aggarwal, the founder, and CEO of Ola Cabs remarked on Tuesday that he “strongly disagrees” if the government lowers the tariff on imported electric vehicles. After reports that Elon Musk’s Tesla Inc had requested a lower tariff on imported EVs, Aggarwal’s tweets went viral on the microblogging platform Twitter.
Image Source: CNBC × Quartz
In support of Tesla’s request for lower tariffs on imported electric vehicles, Seob Kim, CEO, and CEO, Hyundai Motor India stated,
“We have heard that Tesla is seeking some duty cut on imports of CBUs. So that would be very helpful for the OEMs to reach some economy of scale in this very price competitive segment.” Lower duties in India, according to Hyundai Motor India’s MD, will assist “expand the EV market.” However, Ola co-founder Bhavish Aggarwal appears to “strongly disagree� ....

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