Tesla, the pioneering US electric carmaker is ready to enter into the Indian market by introducing the Model 3. The car is probably going to hit the Indian streets by the top of the primary quarter of the fiscal year 2021-2022. Back in October 2016, CEO of Tesla, Elon Musk had announced that the Model 3 Sedan are going to be made available in India soon. When launched the worth is predicted to be within the range of INR 55-60 lakhs. Tesla had opened the bookings in 2016 when Vijay Sekhar Sharma the Paytm founder, Mahesh Murthy, Vishal Gondal of GOQii and CEO of Voonik, Sujayath Ali were among one among the first potential customers who booked the electrical car. Some sources suggest that the bookings are set to open next month.
The Tesla Model 3 is one among the top-selling electric vehicles worldwide since it had been launched in 2017. There won’t be any dealership network as Tesla will push to sell the car via digital channels. The Model Y and Model 3 are the top-selling cars in Tesla’s portfolio accounting about 89% of their sales. There are some rumours about Tesla fixing a plant in India, either within the state of Kerala or Maharashtra, which could lead on to more aggressive pricing. Currently, all the models are made in Tesla’s manufacturing facility located in Fremont, California then from there, it’s imported to varied countries.
With the introduction of Tesla in India, there might be some improvement within the e-mobility infrastructure in India, which is currently still at a really nascent stage. The increasing growth of electrical vehicles in India is pushing all the main carmakers to introduce their battery-powered motors as evident from the recent launches like Tata Nexon EV, MG ZS EV, Hyundai Kona and more.