Will Tesla’s dream car stay that way for India?
To many it seemed like a dream car to be bought locally, to stay that way because Tesla has stuck to its all-India plan after failing to secure lower import taxes. A Reuters report said the US carmaker had dropped its efforts to find showroom locations and had even re-hired some of its Indian team.
Tesla has been in talks with the Indian government for more than a year because the carmaker wanted to understand the demand by selling fully imported cars at low tariffs. Tesla The OEM wanted to import electric cars to India from its manufacturing plants in the United States or China. However, the Indian government wanted Nick to promise to build its car in India before reducing the Tesla tax.
The company Tesla was hoping to get some relaxation from the central budget announced on February 1 which it sees as a fixed date for the announcement of the new central budget on February 1, however, when there was no tax exemption on the card, Tesla postponed its India plan. The U.S. electric car maker sought land to open dealerships and service centers in cities such as Delhi, Bangalore and Mumbai before stalling its plans.
The US carmaker wanted to take advantage of India’s new EV market as an early EV entrant. The brand, but the plans are not good, it has opened up the market to other domestic car manufacturers such as Tata Motors to lead the segment.
When Tesla announced its plans in 2016, Indian customers were excited and some bookings amounted to $ 1000 (Rs. 77,340). However, six years later, it was a dream come true for them. Since the carmaker announced plans for the Model 3, the company has sold 300,000 Model 3s worldwide For some Indian customers, the hassle is over, but for some, the fight for a return is still going on.
Tesla had earlier received approval from the Indian Ministry of Road Transport and Highways to launch a total of seven models in India, with Model 3 being one of them.
Also, last year, US electric car maker Prashant R. Menon was hired as its director for Indian operations and Manuj Khurana, Sameer Jain, Nishantha, Chitra Thomas, Prashant Menon, Nitika Chabra, Sandeep Pannu, Nithin George Thomas, Vaibhav Taneja, Venkat. And David Feinstein.
Interestingly, Prashant Menon, Vaibhav Taneja, and David Feinstein have previously been involved with Tesla in the company’s US operations, while others have been hired from companies such as Volvo, BMW, Porsche, Athar and Reliance. However, after the announcement of his senior management team, Tesla has calmed down.
Subsequently, according to reports, Tesla asked its Indian team to operate in the wider Asia-Pacific market because our Indian government’s position on import tariffs could not be achieved as expected.
There were also rReports which quoted that most of Tesla’s Indian employees had gone to Dubai to visit Middle Eastern markets. Manoj Khurana, who ignored policy and business development for Tesla in India, moved to the United States to take a product role.
Leave a Reply