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Tesla’s India Entrance Strategy Would Be Put On Hold

Tesla’s India Entrance Strategy Would Be Put On Hold

May 16, 2022 / By Zunair Tahir / Automotive News

According to three people familiar with the issue, Tesla has put plans to sell electric cars in India on hold, abandoned a search for showroom space, and moved members of its domestic staff after failing to negotiate reduced import taxes.

Tesla planned to gauge demand by offering lower taxes on electric cars (EVs) imported from production hubs in the United States and China, which resulted in a year of deadlock negotiations with government officials.

The Indian government, on the other hand, is urging Tesla to commit to local manufacturing before lowering import levies, which can be as high as 100%.

According to people familiar with Tesla’s plan, the business set a deadline of February 1 to see if their lobbying paid off, the day India announces its budget and reveals tax revisions.

According to the persons who asked anonymity because the conversations were private, Tesla put its plans to import cars into India on hold when Prime Minister Narendra Modi’s government refused to compromise.

According to two sources, Tesla had been exploring for real estate options in New Delhi, Mumbai, and Bengaluru for months, but that plan has also been put on hold.

Tesla did not reply to an email request for comment. The Indian government did not respond to a request for comment right away. Tesla’s modest team in India has been handed additional responsibilities for other markets.

According to his LinkedIn page, Manuj Khurana, the company’s India policy head, has been working in a new “product” function in San Francisco since March.

In January, Tesla CEO Elon Musk claimed the business was still “working through a lot of challenges with the government” in terms of sales in India. Increased demand for Tesla automobiles in other countries, as well as a dispute over import levies, prompted the adjustment in strategy. Modi has attempted to woo businesses with a “Make in India” campaign, but his transport minister, Nitin Gadkari, claimed in April that Tesla importing vehicles from China would be a “bad suggestion.”

New Delhi, on the other hand, won a triumph in January when Mercedes-Benz announced that it will begin manufacturing one of its electric cars in India.

Tesla had intended to gain a competitive advantage in India’s small but growing electric car industry, which is now dominated by Tata Motors.

Tesla’s starting price of $40,000 (about Rs. 31 lakh) would put it in the premium segment of the Indian market, where sales account just a small proportion of the country’s almost 3 million annual automobile sales.


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Automotive News

How Many Cars did Tesla Sell Worldwide in 2021?

How Many Cars did Tesla Sell Worldwide in 2021?

January 3, 2022 / By Zunair Tahir / News

Tesla, a company famous for making electric vehicles, has delivered about 1 million electric vehicles in 2021.

AFP news agency quoted a company statement as saying that the number of vehicles delivered in 2021 is almost double the number of vehicles delivered in 2020. And the Company is also going up in the value and crossing all companies that are making Electric cars.

Tesla, a company famous for making electric vehicles, has delivered about 1 million electric vehicles in 2021.A statement issued on Sunday added that the results have been good despite global supply challenges. It should be noted that this American company, which manufactures electric vehicles, had delivered more than 936,000 vehicles in 2021.

That’s 87% more than the number of vehicles delivered in 2020, according to the company.
In January last year, Tesla management announced that the company intends to increase vehicle deliveries by 50% year on year in the coming years, and the results reported on Sunday are well ahead of this target.

In the fourth quarter of last year, Tesla delivered 308,600 vehicles.

People rent cars at a Hertz car rental counter in the Miami International Airport on October 25, 2021 in Miami, Florida. Hertz announced that it ordered 100,000 Teslas as the company is emerging from bankruptcy.

The company has managed to tackle the global problem of scarcity of resources facing the auto industry.
Elon Musk, head of Tesla, said he had partially solved the semiconductor shortage by modifying the newly designed chip and software.

However, Tesla was once again profitable in October when it received an order for 100,000 electric vehicles from Hertz, a car rental company, to be completed by 2022.
With this announcement, Tesla has entered the list of the few companies worth more than one trillion dollars in the stock market.


Automotive News

The Kia EV6 Smashes the Tesla Model S to set a New Guinness World Record

The Kia EV6 Smashes the Tesla Model S to set a New Guinness World Record

December 21, 2021 / By Zunair Tahir / News Pakistan

  • The Kia EV6 beat the previous world record of more than five hours established by the Tesla Model S for the fastest charging time to cross the United States in an electric vehicle.

The Guinness Book of World Records has accepted Kia’s all-new 2022 EV6 electric automobile. The EV6 set a new record for the fastest charging time to traverse the United States, completing a distance of 4,635 kilometres between New York and Los Angeles on the east coast and Los Angeles on the west coast.

The 2022 Kia EV6 crossover completed the race in seven days. During the whole voyage, the electric car was plugged in for only 7 hours, 10 minutes, and 1 second, the least time any electric car has ever used to cover the full length of the country, crossing the Atlantic and Pacific coasts.


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The Kia EV6 beat the previous world record of more than five hours established by the Tesla Model S for the quickest charging time to cross the United States in an electric vehicle. The previous high-water mark was set six years ago. The Tesla Model S electric vehicle took 12 hours, 48 minutes, and 19 seconds to charge for its journey.

Early next year, the 2022 Kia EV6 electric crossover will join showrooms. It is the first model to be released as part of Hyundai’s Plan S goal to electrify its entire fleet. It’s also Kia’s first entirely electric car built on its Electric-Global Modular Platform in the world (E-GMP).

The electric SUV can be charged at 400 volts or 800 volts and has a range of up to 510 kilometres on a single charge. If connected to a fast charger, the EV6 can add 112 kilometres of range in five minutes and more than 330 kilometres in around 18 minutes, according to Kia.


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