Tesla may start selling EVs in India from April at starting price of ₹21 lakh: Report
Electric vehicle (EV) enthusiasts in India may have a reason to rejoice soon as Tesla is reportedly planning to launch its retail operations in the country by April. According to a CNBC-TV18 report, the company is planning to start by importing EVs from its Berlin plant, with showroom locations identified in Mumbai’s Business District (BKC) and Aerocity in Delhi.
The report suggests that Tesla’s initial plan is to introduce electric vehicles priced under $25,000 (approximately ₹21 lakh) in the Indian market. This move would make Tesla a significant player in the Indian EV market, which has been growing rapidly in recent years.
The Indian government has been actively promoting the adoption of electric vehicles to reduce pollution and dependence on fossil fuels. In 2020, the government announced a plan to have 30% of all new vehicle sales be electric by 2030. To support this goal, the government has introduced incentives such as subsidies, tax benefits, and relaxed regulations for EV manufacturers.
Tesla’s entry into the Indian market comes at a time when the country is experiencing a surge in demand for electric vehicles. In recent years, several domestic and international automakers have launched affordable EV options, which have been well-received by Indian consumers.
The introduction of Tesla’s affordable EV options is likely to further boost the demand for electric vehicles in India. Tesla’s brand reputation and global network of charging infrastructure would be significant attractions for Indian consumers, who are increasingly looking for sustainable and eco-friendly transportation options.
The report also suggests that Tesla is planning to start with a small batch of imports from its Berlin plant, which would allow the company to test the market and gauge customer response. If successful, the company could scale up its operations and invest in local production, which would create jobs and stimulate economic growth.
Tesla’s entry into the Indian market would also be seen as a significant vote of confidence in the country’s auto industry. India is a large and growing market, with a growing middle class and increasing disposable income. The country’s auto industry has been undergoing a transformation in recent years, with a shift towards electric and shared mobility.
In conclusion, Tesla’s reported plan to launch its retail operations in India by April, starting with imports from its Berlin plant, is significant news for EV enthusiasts in the country. The introduction of affordable EV options priced under $25,000 (approximately ₹21 lakh) would be a major boost to the Indian EV market, which is expected to grow rapidly in the coming years.
