Tesla In India: America’s electric car manufacturing company Tesla is preparing to start sales in India later this year. For this, the company is looking for locations for possible showrooms in New Delhi and Mumbai. Two sources related to the case have given this information. Tesla has seen its global vehicle deliveries decline in the first quarter for the first time in almost four years. Meanwhile, the company is trying to expand its business by exploring new markets. Sources have given this information on the condition of anonymity.
According to media reports, the move comes just after Tesla experienced a decline in global vehicle deliveries in the first quarter. Which is the first decline in almost four years. Tesla has already started production of right-hand-drive cars at its plant in Germany for export to India. Tesla is ready for its presence in India’s growing electric vehicle market. India last month reduced electric vehicle import tax from 100% to 15% for automakers who invest at least $500 million and set up a factory.
Tesla officials have been looking for suitable places for the showroom since last month. They are discussing potentially good market and mall sites with real estate developers. Their aim is to start construction soon. So that it can be ensured that the showrooms are ready by 2024.
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