According to conscious people about the matter, Tesla-which is an office in Pune-is scouting for the locations of Aerocity in Bandra-Kurla Complex and Delhi to set up their first showroom in India. it was Informed First by Reuters on Tuesday.
Tesla model Y, when launching, considering the revised import duty structure, will cost Rs 60-70 lakh. It will be against Mercedes-Benz, BMW and Audi’s entry-level EV Prasad.
Gaurav Wangal, Associate Director to forecast light vehicle production in S&P Global, told NDTV profit over the phone on Tuesday, “Tesla is ready to disrupted whoever enters the segment to enter India.”
While he did not guess at which price Tesla’s cars would sit, he said that anything more than Rs 50 lakh would be eaten in the market share of Germans (Mercedes-Benz, Audi and BMW), and anything is close to anything else. It will be worrying for 25-35 lakh Indians (Tata Motors and Mahindra).
“Tesla will ideally take a top-down approach to his India’s game-will enter with units manufactured and then follow it completely with a knock-down kit,” Wangal said. And if and when it comes, it will bring full package: vertically stacked manufacturing, and full battery and charging ecosystem.
Additionally, Tesla enjoys a brand equity bar, said Wangal. “So, while we can take time to heat a winfast or byd, Tesla is already famous. Also aspirants. ,
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