Recently, the Indian government introduced its new automotive industry development policy, promising to invest at least $500 million, in three years to start domestic production of electric vehicle manufacturers to provide tariff concessions, India's Minister of Commerce and Industry Goyal confidently said that the landing of this new policy, will make India a "global manufacturing center" in the field of electric vehicles.。In terms of specific preferential tax measures, the policy stipulates that car companies that meet the requirements to build factories in India will be allowed to import up to 8,000 vehicles per year at a lower tax rate of 15%..Electric cars of $50,000 or more。