ReferIndia News EU can Power up Luxe EV Game

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EU can Power up Luxe EV Game

Published on: Jan. 25, 2026, 3:15 a.m. | Source: The Economic Times

The proposed free trade agreement (FTA) between India and the European Union is expected to sharply reduce import duties on automobiles including electric vehicles (EVs) from the 27-nation bloc to 10-15%, potentially triggering a surge in European luxury EV sales in India, said people familiar with the matter.

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