Receive our newsletter – data, insights and analysis delivered to you
  1. News
August 31, 2021

Tesla gets regulatory approval for India market entry

Tesla is getting closer to entering the Indian car market.

By David Leggett

Tesla is closer to selling its cars in India after having its vehicles certified as roadworthy for the Indian market.

Reports say Tesla has now received approval (‘homologation’) to sell four models in India.

Tesla is eyeing growth potential in India, a small market for electric vehicles currently, but one which should show dramatic growth over the next ten years.

Analysts say the market for EVs in India is being held back by a lack of charging infrastructure and high taxes, but that Delhi is determined to see electric vehicles grow their India market share in line with global developments. Tesla’s fashionable brand would likely lift the whole segment.

The company is also interested in investigating the possibility for manufacturing in India and Tesla has called for tax changes – which Delhi is balancing against the wishes of domestic manufacturers.

Tesla future models – 2021 to 2031

Content from our partners
Collaboration: the key to designing better EV battery packs
Navigating the lithium battery value chain
Teamwork: Making the EV dream reality

Tesla future models – 2021 to 2031

 

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU