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Global Tariffs, Categorized

🇺🇸 United States
🇮🇳 India
📦 Other vehicles, with both spark-ignition internal combustion piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power
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United States to India Trade Analysis for Other vehicles, with both spark-ignition internal combustion piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power

Detailed tariff information for Other vehicles, with both spark-ignition internal combustion piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power imports

Other vehicles, with both spark-ignition internal combustion piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power Tariff Rate

HS Code:

100%
Effective April 1, 2023

Trade Volume

Value
USD 10 million
Year
2022
Trend
Increasing due to growing demand for hybrid vehicles in India

Special Rates

Preferential Rate
Exempt or Reduced
Applicable under specific trade agreements or schemes if the United States is a partner country and conditions like Rules of Origin are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-India Trade Talks Highlight Hybrid Vehicle Exports
During recent bilateral trade discussions, both countries emphasized increasing exports of hybrid vehicles (non-plug-in) under HS Code 8703.80, with India seeking reduced tariffs for its manufacturers exporting to the US.
2023-10-15
Impact: Potential increase in Indian hybrid vehicle exports to the US if tariff reductions are agreed upon, boosting trade volume in this category.
US Imposes New Quality Standards for Imported Hybrid Vehicles
The US has introduced stricter safety and emission standards for imported hybrid vehicles with spark-ignition and electric motors (non-plug-in), affecting Indian exporters under HS Code 8703.80.
2023-09-22
Impact: Indian manufacturers may face higher compliance costs, potentially reducing export competitiveness in the short term.
India-US Trade Agreement to Facilitate Hybrid Vehicle Components
A new trade agreement focuses on easing the supply chain for hybrid vehicle components between India and the US, supporting the assembly of vehicles under HS Code 8703.80.
2023-08-10
Impact: Likely to strengthen bilateral trade by reducing costs and improving access to critical components for non-plug-in hybrid vehicles.
Policy Updates
US Updates Import Tariffs on Hybrid Vehicles
The US revised import tariffs on non-plug-in hybrid vehicles (HS Code 8703.80), increasing duties by 2% to protect domestic manufacturers, impacting Indian exporters.
Date: 2023-09-01
India Announces Export Incentives for Hybrid Vehicles
India introduced a new export incentive scheme offering rebates to manufacturers of hybrid vehicles (non-plug-in) under HS Code 8703.80, aiming to boost shipments to markets like the US.
Date: 2023-07-15