As India Shifts Policy Gears, Can Tesla Finally Make Inroads? | Firstpost Tech & Trade
As India Shifts Policy Gears, Can Tesla Finally Make Inroads? | Firstpost Tech & Trade
India has relaxed its import duty for certain electric vehicles (EVs), paving the way for Elon Musk's Tesla to enter the Indian market. This move comes at a time when Tesla is in dire need, as the firm is losing its dominant position due to slowing demand in key markets like the US and China, as well as facing intense competition from BYD. However, Tesla's journey in India may not be easy. First, the firm will have to announce an investment plan worth at least $500 million. Even after that, Tesla is expected to face many hurdles, including pricing challenges due to thebudget-conscious Indian market and competition from domestic automakers in the country.
India | Tesla |
Elon Musk | Electric Vehicle |
Manufacturing Plant | SAIC
| BYD |
Firstpost |
World News | Latest News |
Global News |
International News | Trending News
#india #tesla #elonmusk #electriccar #firstpost #worldnews #latestnews #globalnews
#internationalnews #trendingnews
Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel.
Subscribe to Firstpost channel and press the bell icon to get notified when we go live.
/ @firstpost
-
1:57:35
Robert Gouveia
6 hours agoIT'S OVER: Cohen ADMITS to CRUSHING LIES; Trump Prosecution DESTROYED; Trial Day 19
42.4K36 -
2:00:08
Cigar prop
3 days ago $0.02 earnedIzzy Woods of Drew Estate Cigars, I'd Tap That Cigar Show Episode 232
13.7K -
1:43:54
2 MIKES LIVE
9 hours ago#68 2ML Tonight's guest Jeremy Carl, author of The Unprotected Class!
24.7K2 -
54:44
The Amber May Show
1 day agoMovie | War On Truth | Federal Government Has Waged a War On Truth | Nick Searcy
25.3K1 -
56:41
Donald Trump Jr.
9 hours agoCOHEN CAUGHT IN LIES AND THEFT: This is Bragg’s Star Witness? My Response | TRIGGERED Ep.138
86.9K169 -
1:52:58
The Quartering
7 hours agoTrump Trial Collapses, Iran President Kaput, War Crimes, CIA Busted In Coup!
57.3K28 -
2:26:53
WeAreChange
5 hours agoCountdown Underway To New York Leftists Throwing Donald Trump In Jail?!
42.1K25 -
1:59:06
Film Threat
10 hours agoAI WILL DESTROY HOLLYWOOD! | Film Threat Versus
30.2K3 -
32:16
TudorDixon
10 hours agoBurt Reynolds: The Last Interview with Rick Pamplin | The Tudor Dixon Podcast
29K10 -
57:20
Kimberly Guilfoyle
9 hours agoNOTHING TO BRAGG ABOUT: Sham NY Case Implodes, Live with Jeffrey Clark & Larry Elder | Ep. 127
48.5K25