Jaspreet Singh (Money Matters)
Jaspreet Singh (Money Matters)
February 20, 2025 at 04:02 AM
*Tesla's Indian Journey: Will it Dethrone Tata & Mahindra?* Tesla gears up to enter the Indian market! But, will this electric vehicle (EV) giant be able to steal the thunder from local players like Tata and Mahindra? As Tesla prepares to launch models around ₹21 lakh, it's clear that competition will be fierce. Tata & Mahindra have already established themselves in the Indian EV market, offering affordable alternatives starting at ₹8 lakh. India's price-sensitive market and the popularity of affordable EV options will be significant hurdles for Tesla. With EV car sales accounting for less than 2.3% of total car sales in 2024, Tesla will need to adapt to local preferences and pricing strategies to succeed. Moreover, Tesla will need to invest heavily in building a charging network in India, where the current setup is scattered and unstandardized. _The battle for the Indian EV market has just gotten more exciting! Who will come out on top? Only time will tell._
👍 6

Comments