Ola founder to Tesla, Hyundai: Build in India, not just import EVs

With Tesla reportedly lobbying for a drastic reduction in import duties on electric vehicles (EVs) in India and Hyundai backing Tesla for similar tax reliefs, Ola founder Bhavish Aggarwal hit back by saying that he “strongly disagrees” with the thought that reducing taxes, and import duties will help increase the demand for EVs in India and also generate revenue for the government.

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