The Indian electric vehicle (EV) sector is poised for a major change as American EV leader Tesla is set to unveil its operation in the country. Tesla's intent to initiate selling imported electric vehicles by April 2025 is set to shake up the premium EV market and drive India's shift towards sustainable transportation.
A report specifies that Tesla will first bring in vehicles from its Berlin factory, providing less expensive EV models that cost about USD 25,000 (roughly Rs 21 lakh). The EV manufacturer has also identified main sites in Mumbai’s Bandra Kurla Complex (BKC) and Aerocity, close to New Delhi’s international airport, for opening its sales actions.
In a bid to enhance its presence in India, Tesla has recently announced locations for 13 mid-level roles, such as store managers, service advisors, customer relationship managers, and sales specialists. Tesla continues building solid retail infrastructure across the 'Mumbai Suburban' region for its future operations in the nation.
The decision followed a meeting between Tesla CEO Elon Musk and Indian Prime Minister Narendra Modi during their U.S. discussion about Tesla entering the Indian market. Government policy changes in EV policy now allow manufacturers to benefit from import duty reductions after building local manufacturing facilities worth at least USD 500 million.
As the Indian EV setup transforms rapidly, Tesla’s entry might even alter the market dynamics, encouraging both local and international automakers to increase their EV products and charging stations in the nation.
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