· 2d
As Tesla preps to enter market, Trump pushes India to end auto tariffs
· 4d
Foreign carmakers in China, Foxconn’s EV push, Tesla in India: 7 EV reads
Tesla entering the Indian market: Showrooms planned for Mumbai and Delhi
After various rumors and reports, Tesla is finally arriving in the Indian market. The company is bringing its popular electric vehicles to the region soon, with a fresh report revealing the major cities where these cars would make their Indian debut.
The United States wants India to eliminate tariffs on car imports under a proposed trade deal between the two nations, but New Delhi is reluctant to immediately bring down such duties to zero even as it considers further cuts,
U.S. electric carmaker Tesla has signed a lease deal to open its first showroom in Mumbai, as it moves towards a goal to sell imported cars in India, registration papers show, after it dropped similar plans last year.
But there's a million-dollar question - can Tesla compete in India's price-sensitive market? Tata Motors currently holds pole position in India's EV market - with over 60% market share. MG Motors - jointly owned by India's JSW and a Chinese firm - is second at 22%.
This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get latest news from India and how it matters to the world.
India's EV policy, which offers import tax cuts for foreign automakers investing in the country, will restrict them from using funds spent on charging infrastructure for such relief, increasing their car manufacturing,
Tesla is reportedly recruiting and scouting showroom locations in the country, following a meeting between Prime Minister Modi and Elon Musk earlier this month.
Musk’s firm is reportedly scouting for jobs and land in India as local carmakers say they remain unfazed by potential competition.
Tesla (TSLA) has signed a lease agreement to open its first showroom in Mumbai, as it moves towards its goal to sell imported cars in India,
Tesla is significantly increasing its hiring efforts in India, signaling a renewed commitment to the country's electric vehicle (EV) market.
EV maker Tesla (TSLA) has taken a significant step towards entering the Indian market by signing a lease deal for its first showroom in Mumbai,
Lease details - According to the registered lease documents shared by analytics firm CRE Matrix, Tesla has secured the ground-floor property, Unit G-1B, at a monthly rent of ₹35,26,665. The company has also paid a security deposit of ₹2,
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback