Tesla, led by Elon Musk, is reexploring options for a customer experience center in New Delhi, India. The company is seeking a space ranging from 3,000 to 5,000 square feet for a center, with an additional area triple that size for service and delivery operations. Initially, Tesla had suspended investment plans in India, citing declining sales, but may reconsider its market entry plans. The company is negotiating with DLF, a major property developer, over potential locations such as The Avenue Mall and Cyber Hub complex. No final decision has been made, as Tesla maintains discussions with multiple entities. India’s electric vehicle (EV) market currently accounts for 2% of total car sales, but the government aims to increase this to 30% by 2030. The government has also considered policy adjustments to attract manufacturers like Hyundai and Toyota, who have expressed preliminary interest. Tesla’s return to the Indian market raises questions about its approach to vehicle imports, including options under the new policy that allows certain EVs at a 15% import duty.
Tesla’s re-entry into the Indian market is imminent, with the EV giant reviving its search for a showroom in the Delhi-NCR region, according to reports.
by newsworm | Dec 11, 2024 | Automobile, Toyota