Indonesia and Thailand are offering tax incentives, lower import taxes, and value-added tax breaks to attract electric vehicle manufacturers. Indonesia aims to produce 600,000 EVs by 2030, leveraging its nickel reserves. India is implementing schemes to attract EV companies, while VinFast Auto and BYD plan to enter the Indian market.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.