India Offers UK an EV Trade-Off: Luxury Imports for Budget Exports
Apr 11, 2025
India has offered to allow unlimited imports of electric vehicles priced more than GBP 80,000 (about ₹89 lakh) from the United Kingdom in lieu of a larger export quota of smaller EVs priced less than GBP 40,000 (₹44 lakh) to the country in a bid to iron out differences holding up finalisation of a Free Trade Agreement (FTA).
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