While industry watchers say the policy is a step in the right direction, some Indian vehicle manufacturers had previously opposed reduction in customs duty for luxury EVs.
Honda Cars India Ltd CEO Takuya Tsumura says company has made efforts to communicate its plans for India market to consumers amid rumours about it shutting down business in country.
Tesla has outlined a plan to build 20 million EVs in 2030. Toyota expects to sell at least 3.5 million battery electric models (BEVs) during the same period.
With 30% of the population aged 65 or older, Japan's regulators are stepping up pressure to standardise advanced features that make the vehicles more use friendly for the elderly.
Hailed as a 'milestone in frugal engineering', the car fell short on safety, produced questionable crash test results, and had a tendency to catch fire.
Initial talks held on the possibility of India entering the programme that was started in 2017 between France, Germany and Spain to ensure European sovereignty in defence and security.
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