Tesla enters Indian market officially, confirms government authorities
KUALA LUMPUR: The US electric car giant, Tesla has made its official entry in India. The news was confirmed by Indian government authorities. It was also informed that Elon Musk was welcomed with open hands by the Chief Minister of Karnataka, BS Yediyurappa. Tesla India’s research and development facility is located in India’s tech hub, Bengaluru, Karnataka.
Tesla India Motors and Energy Private Limited is set-up by Cupertino based EV manufacturer. On papers, Tesla India is classified as a subsidiary of a foreign company and it has also announced the name of its three directors.
Key highlights of Tesla India -
- The Tesla India Motors and Energy Private Limited came into existence on 8th Jan 2021
- The company will only offer completely built-up units in the market
- There are no reports of Tesla operating a plant in India, it might happen in the future but nothing is clear at the moment
What will be Tesla India's first product?
The Tesla Model 3 will be the company’s first offering in India. The booking for the car opened a few years back, with interested individuals paying a booking amount of $1000. As for the car’s price, it will be slightly higher as the import taxes are high here. Only if the company sets up a plant in India, the vehicle price might come down. As for now, Tesla cars will be imported from China located Tesla Gigafactory.
The Model 3 in India will be offered in several variant options with the base trim offering a maximum power of 283 hp and a peak torque of 450 Nm, it’ll touch the 100 kmph mark in 5.5 seconds and attain a top speed of 210 kmph. As for the range-topping model, it is more powerful with 450 hp and 639 Nm of torque. It goes from 0 to 100 kmph in 3.1 seconds and has a range of 500 km.