Can Evs Evs Elon Musk win prices that have realized the prices that have realized cars?

After many years of Tesla speculation, it may finally debut in India.

The Giant of the American Electric Temperance (EV) started hiring a dozen jobs in Delhi and Mumbai. It is reported to hunt salons in both cities.

Asia’s third largest economy offers an interesting growth opportunity for Futuristic Tesla cars as Global EV Sales Plummet and Chinese manufacturers become more intense.

But is there a million dollars-or can tesla compete in the price sensitive in India?

Currently, Tata Motors is ranked on the EV India market – with more than 60% market share. MG Motors – JSW and Chinese firm – 22%. They are followed by Mahindra and Mahindra.

EVs made by these companies cost less than half of what consumers will have to allocate about $ 40,000 (£ 31 637) – for the base model Tesla. This way, it will be regarded as a luxury car competing with EVS higher -ended Hyundai, BMW and Mercedes.

Just in volume, it will make India a tiny market for Tesla Elon Musk chief if the company does not introduce an inexpensive model specifically for the country.

In addition to Price, India’s road conditions can create a call.

Tesla cars have a very low gap of the earth – either the distance between the lowest point of the car chassis and the ground. This will make adaptation to Indian roads. For work in the country, existing models may be refined – which will increase production costs.

Will it do this tesla for a one -developing market, where it can only have a small presence?

“This was a problem even with other world -wide manufacturers of the original equipment (OEMS) with small volumes. You can’t justify these major engineering changes,” said the BBC Hormazd Sorbjee, editor of Autocar India.

In addition, it is easy to forget among all the excitement that EV sales are less than 3% of the total sale of passenger vehicles in India. Even an important infrastructure, like charging stations, took years. While they scored the pace, there are only about 25,000 charging stations across India.

Essentially, Tesla will write for space on a very small, albeit growing EV market.

But at the level of policy, India appears to make every effort to go to the car.

The country outlined an ambitious national vision to go electric. It plans to have 30% of private cars, 70% of commercial cars, 40% of buses and 80% of two and three -wheeled vehicles by 2030.

According to HSBC Securities, which offer India on electric vehicles, are also the highest among major economies. They make up up to 46% of the cost of the electric vehicles in the country.

Not surprisingly, the sales of EV passengers have increased by more than 2000% less than five years – going from low base 4700 to 100,000 cars annually.

“The difference in prices between conventional cars and EVS has declined significantly, which made customers rethink their choice,” says Jyoti Gulia, founder of JMK Research.

Last April, India also reduced import taxes on EVS for world manufacturers who sought to invest $ 500 million (£ 400 million) and start local production over three years.

Tesla and other imported electric cars More than 35,000 dollars (27 550 pounds) can now use a lower import duty of 15% to 8000 vehicles. This happened after Musk complained that high import duties prevented the firm running their cars in the fastest -growing economy in the world.

“It’s pretty reasonable because it makes the global player localize – that’s exactly how the game works: come and build in India,” Sorobier says.

The proposed policy can put Indian home makers of the car, given that the investment requirement for foreign players “insignificant” compared to Indian players in this segment, prevents HSBC study.

The 15% imported service is also “significantly lower” than the comparable combination tax in India, which also pay an additional road tax, HSBC reports.

The Internal Players EV say that having “equal game conditions” is important, but now it seems restlessly coming Tesla entry.

“We welcome competition,” said the BBC Rajesh Jejurikar, Mahindra and the Mahindra CEO. His company believes that more and more players will strengthen the existing EV India ecosystem and is working on improving the attractiveness of its offers.

Critical issues such as “alarm” – the concern whether the charging EV will be sufficient to complete the journey – resolved “reliable integration of the battery and strict testing in the real world in different road conditions,” – says Mr. Jejurikar, adding that the brand unfolds the cutting technology in its products.

In this region it will be difficult to defeat Edge Tesla, and in conjunction with more durable batteries and the best user interface, it will certainly differentiate Tesla machines from others on the market, says Sorabe.

What can also give Tesla Tailwind is the growth of premium vehicles on the Indian car market. As a world brand with a perceived “steep coefficient”, Tesla will become a symbol of status for a young, ambitious Indian population.

But none of this is a policy in India EV or a growing demand for premium -carbented India – it has not yet led to Tesla’s commitments to make production dollars to the EV facility.

So far, the car manufacturer seems to send only units from their factories abroad.

If these changes depend on many things – how fast the wealthy consumer base of India expands, and what the tariff structures look like as soon as India completes trade negotiations with the US.

President Donald Trump has already expressed dissatisfaction that Tesla is potentially building a plant in India to avoid high tariffs. In an interview with Fox News recently he said it would be “unfair” for the US.

Can Trump’s “America First” policy will reduce Musk’s appetite for starting production units in India?

The question of dispute, but so far it looks the way in India will first turn out the shiny Tesla salons for its rich, not for the creation of Tesla workers for its low -income masses.