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
Exclusive: NCR May Stop New Petrol-Diesel Cab Additions
Delhi’s draft EV policy and Haryana’s EV charger mandate for buildings had already hinted at a larger NCR clean mobility...
JLR Targets £1.7 Billion Savings As Breakeven Reset Begins
The luxury carmaker aims to reduce breakeven volumes towards 300,000 units over two years through Enterprise Missions fo...
Tata Motors Lines Up Two New Nameplates, Four ICE And EV Facelifts For FY27
The company says FY27 will be an intense product-action year, with two new nameplates and four facelifts each in ICE and...


By Autocar Professional Bureau
15 Apr 2024
4976 Views
Mukul Yudhveer Singh
