According to news from China, Tesla’s plans to establish an electric car facility in India, ‘unprepared and immature’ It may not be successful in the Indian market. According to the Global Times report, it is emphasized that this step is not a wise move for Tesla.
China’s concerns are increasing about Tesla’s entry into the Indian market!
Tesla CEO Elon Musk plans to come to India later this month to meet Indian Prime Minister Narendra Modi. In his statement on the social media platform X, Musk stated that he was looking forward to his meeting with Modi. After a meeting with Modi in New York last year, Musk announced Tesla’s “at an inhuman speed” He had assured me that he would be in India.
Tesla’s big step in India is at least 2-3 billion dollars It involves establishing a factory that will produce entry-level electric vehicles with an investment. However, although India’s electric car market is growing, the proportion of electric cars in total passenger vehicle sales will only increase in 2023. 2.3 percent realized as.
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Also, in India public lack of charging infrastructure, power outages And coal for energy production Factors such as the expansion of mining are among the main obstacles Tesla may face. China has been expressing concern over Tesla’s possible failure in India.
China, which draws attention with the significant production capacity of Tesla Giga Shanghai, questions whether Tesla can achieve similar success in India. The Indian government has approved a new electric vehicle policy in line with Tesla’s demands, and this is seen as an important step for Tesla to start local production in India.
It is stated that India should take a more realistic approach to these steps towards hosting Tesla, strengthening regional cooperation and encouraging production development with a more pragmatic attitude.
How will Tesla’s potential ups and downs in the Indian market impact the global electric car industry? How can Elon Musk’s visit to India and this major investment plan transform the electric cars and overall automobile market in India? You can share your thoughts and opinions in the comments section.