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
Nissan Banks on Reserved Capacity to Hold its Ground in India
Carmaker secures at least 250,000 units of annual capacity at Renault's Chennai plant as it expands its India line-up to...
Bajaj Auto Launches ‘WEGO’ Electric 3W Range Starting at Rs 3.11 Lakh
WEGO's portfolio offers a maximum certified range of up to 296 km, depending on the model.
JLR Q4 Sales Recover Sequentially After Cyber Disruption; FY26 Volumes Decline
The company attributed FY26 wholesale volumes decline to US tariffs, weak China demand, model phase-outs and the cyber i...




By Autocar Professional Bureau
15 Apr 2024
4934 Views
Anurag Chaturvedi
