Tesla Expands Operations to Include Right-Hand Drive Vehicles for India
Tesla Expands Production in Germany, Eyes Indian Market for Right-Hand Drive ModelsTesla is ramping up its operations in Germany with plans to manufacture right-hand drive vehicles, targeting export to India later this year.
India, known for its preference for right-hand drive vehicles, has recently incentivized electric car production by reducing taxes, provided companies invest a minimum of $500 million in the country and commence local manufacturing within three years.Tesla has already commenced production for the Indian market, with the first deliveries expected by the year’s end. While the specific model for export remains undisclosed, Tesla currently manufactures the Model Y in Germany.
Additionally, Tesla’s Indian strategy encompasses establishing a robust charging infrastructure, allocating additional funds beyond the initial $2 billion earmarked for the factory, and increasing local procurement of parts.In India, Maharashtra and Gujarat, both potential locations for Tesla’s factory, are under consideration, with Gujarat being the home state of Prime Minister Modi. The company aims to complete construction within two years.
Despite Tata Motors dominating the Indian electric car market, the government’s ambitious target of having 30% of all car sales electric by 2030 presents a significant opportunity for Tesla.With India being viewed as a pivotal market, Tesla is diligently working towards capitalizing on the emerging opportunities, showcasing a commitment to sustainable mobility in the region.Read more…
