Why is there a problem with Elon Musk’s demand for OL CEO, understand the full story of the protest

Anyone importing vehicles in Tesla or India should invest in the country. Recently, Ola CEO Bhavish Agarwal said this. In fact, Tesla CEO Elon Musk requested the Government of India to reduce customs duty on imported electric cars. Ola Bhavish Agarwal opposes this demand.

What caused the protest: In fact, Ola, known for its cab service, now wants to enter the car market after an electric scooter. The CEO of the company, Bhavish Agarwal, also suggested it. The company is expected to enter the electric car segment in the next two years. Let’s say Ola Electric is building a 500 acre factory in Krishnagiri district of Tamil Nadu. According to the company, over 20 lakh electric vehicles are manufactured annually at the initial stage.

Tesla wants a solution in India: At the same time, speaking of Tesla, it is preparing to launch an electric car in India. However, the company wants relief on import tariffs. Tesla had requested to reduce import tariffs on electric cars to 40 percent from the current limit. Company CEO Elon Musk has urged the Government of India to reduce import tariffs through social media. He had suggested setting up a plant.

Are there preparations for change in the national pension plan? The central government has given this answer

The government is considering: According to media reports, the Government of India is considering the demand for Tesla. Ola CEO Bhavish Agarwal has already opposed Tesla’s demand. Agarwal had said that we would not accept this demand. Trust your ability to produce local and attract global OEMs to manufacture in India and not just import.

Emphasis on the Electric Car Market: Let me tell you, the Center’s Narendra Modi government is stressing the growth of the electric car market. For this purpose, the government has announced a variety of subsidies. However, despite this, sales of electric vehicles in India are still modest. At the same time, India is the fifth largest car market in the world with sales of about 3 million vehicles annually.

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