Long road for Tesla in India with infrastructure, supply chain woes


FILE PHOTO: The interior of a Tesla Model 3 electric vehicle is shown in this picture illustration taken in Moscow, Russia July 23, 2020. Picture taken July 23, 2020. REUTERS/Evgenia Novozhenina

NEW DELHI (Reuters) - Tesla Inc is gearing up for an India launch but the U.S. electric carmaker is likely to remain a niche player for years, catering only to the rich and affluent in the world's second-most populous nation.

India's fledgling electric vehicle (EV) market accounted for only 5,000 out of a total 2.4 million cars sold in the country last year. A lack of local production of components and batteries, negligible charging infrastructure and the high cost of EVs mean there have been few takers in the price-conscious market.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Utility Entergy says revised Meta data-center deal to deliver higher customer savings
Sony to hike PlayStation 5 prices again as memory chip costs surge
NYSE-parent Intercontinental Exchange invests $600 million in Polymarket
SpaceX's listing stirs up social media frenzy, ticker bets
SoftBank secures $40 billion loan to boost OpenAI investments
Austria plans social media ban for children under 14
‘Life Is Strange: Reunion’ finally arrives this week
VW's software partnership with Rivian clears investment hurdle
Nearly half a million customers hit by Lloyds IT glitch that exposed transaction data, committee says
Apple plans to open up Siri to rival AI assistants in iOS 27 update

Others Also Read