Overview
- Tesla plans to launch its first electric vehicle sales in India by the third quarter of 2025, importing cars from its Berlin factory for initial distribution.
- The Indian government has reduced import tariffs for EV companies that commit to investing $500 million in local manufacturing, with Tesla yet to confirm such plans.
- Tesla has finalized locations for showrooms in Delhi and Mumbai and has begun hiring for various mid-level roles, signaling its commitment to entering the Indian market.
- India's new EV policy limits automakers to allocate only 5% of their investment towards charging infrastructure for tariff benefits, prioritizing local manufacturing.
- US President Donald Trump has criticized potential Tesla manufacturing in India as 'unfair,' citing high Indian tariffs on imported cars and advocating for reciprocal trade measures.