Tesla on lookout for potential showrooms in Mumbai, Delhi: Report
The company aims to begin with a showroom of 3000 to 5000 square feet, alongside a service hub in each city.
Tesla is scouting for viable showroom locations in Mumbai and New Delhi, as it looks to begin sales in India later this year, two persons in the know told Reuters.
The company aims to begin with a showroom of 3000 to 5000 square feet, alongside a service hub in each city, a source in the know informed the newswire.
Tesla has begun producing right hand car drives at its German plant, to export to India, separate sources have stated.
Last month India introduced a new EV policy, effectively slashing import duties on electric cars to 15% from 70-100% for five years. Automakers can benefit from the reduced import tariff if they invest at least Rs 4,150 crore, or USD 500 million, to make in India within three years.
Tesla Chief Executive Elon Musk is expected to make an investment announcement and meet Prime Minister Narendra Modi during a two-day visit to India from Sunday. Musk and Modi last met in New York in June.
RELATED ARTICLES
10-Point CO2 Miss Could Cost Daimler Truck €1.2 Billion, Says CEO
Karin Rådström calls for greater urgency on charging and hydrogen infrastructure as Europe faces a steep climb in zero-e...
Weekly News Wrap: Skoda-JSW Explore JV, Ultraviolette Plans ₹1,000-Crore Bet, BMW Eyes Top Spot
The week saw a fresh India automotive partnership take shape, EV makers step up capacity, BMW sharpen its luxury-market ...
Why India Made the First Cut for Volvo's Biggest Engine Renewal in a Decade
The Swedish truck maker will bring its all-new D13 diesel and G13 gas engines to India alongside Europe, Morocco and Tur...


15 Apr 2024
Mukul Yudhveer Singh

Autocar Professional Bureau
Shahkar Abidi