Ola Electric’s Bhavish Aggarwal disagrees with Elon Musk’s call to lower import duty on EVs
FirstpostResponding to calls for a reduction in import duty on EVs, Ola’s Bhavish Aggarwal said firms should aim to make in India. Ola co-founder Bhavish Aggarwal has said he disagrees with Tesla and Hyundai, as both carmakers have called for lower duties on imported EVs in India, and exuded confidence in the country’s ability to build indigenously and attract global OEMs to follow suit. Let’s have confidence in our ability to build indigenously and also attract global OEMs to build in India, not just import. https://t.co/n6k7ShYeJX — Bhavish Aggarwal July 27, 2021 Aggarwal was responding to a tweet about Hyundai India MD Seon Seob Kim backing Tesla’s call for lower duties in India on imported EVs, wherein the executive reportedly said lower duties will help grow the EV market.