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
Weekly News Wrap: Renault Develops New 1.2L Engine, Hyundai-TVS E-3W Pact, Mahindra Enters Global Top 25 Brands, Royal Enfield Scram 450 Set for 2027
Powertrain localisation, EV partnerships, brand strength and product pipelines take centre stage as automakers sharpen l...
VIDEO: India's Fuel Mix Is Shifting — Petrol Losing Ground as CNG and EVs Gain Share
Autocar India's Deep Drive Podcast examines a decade of structural change in fuel preferences, tracing the trajectories ...
Mahindra XUV 3XO to Get CNG Powertrain Option, Report Says
The variant, expected by late 2026 or early 2027, would use the 111hp MPFI turbo-petrol engine and target key urban CNG ...




By Autocar Professional Bureau
15 Apr 2024
4946 Views
