Govt Of India Confirms Tesla’s Entry In India By ‘Early’ 2021; Delivery Of Model 3 By June 2021?
And resting all speculations, it has been confirmed by Govt of India that Tesla is indeed coming to India.
If we believe the earlier reports, it’s clear that booking of Tesla’s Model 3 will start by January, and delivery will be by June, 2021.
Here are the juicy details!
Elon Musk’s Tesla Will Enter India By Early 2021: Minister
During The Indian Express Idea Exchange program, Union Minister for Road Transport and Highways and the Minister of Micro, Small and Medium Enterprises Nitin Gadkari has confirmed that Tesla is indeed coming to India.
He said that Tesla will “start operations” by ‘early’ 2021.
As per Minister Gadkari, Tesla will not only sell their highly popular electric cars in India, but also set up manufacturing and assembling process.
He said, “India is going to become a number 1 manufacturing hub for auto in five years,”
Tesla’s Model 3 Will Be Sold In India By June, 2021?
Earlier, Tesla founder Elon Musk had confirmed their launch in India by 2021, when he tweeted, “Next year for sure,”, when asked on their plans about India expansion.
As we have reported, Tesla is planning to launch and sell their cheapest and basic electric car: Model 3, which can be priced in India at around Rs 55-60 lakh.
In 2016, Tesla had asked for $1000 deposit from buyers in India, but later shelved the plans. In 2017, Elon Musk blamed the FDI policies in India, for the delay, when he had said, “Maybe I’m misinformed, but I was told that 30% of parts must be locally sourced and the supply doesn’t yet exist in India to support that,”
Besides Tesla, other electric car companies too are trying to create a market in India, and the recent Tata Nexon EV is a moderate success as well.
Nexon has been India’s #1 electric car since its launch.
Maruti, Hyundai and other automobile companies too are planning to launch new and cheaper electric cars in India.
We will keep you updated, as more details come in.