Tesla to enter Indian market soon in 2017

Tesla to enter Indian market soon in 2017

At the launch event, he also added there will be a India-wide Supercharger network.

Now, on Tuesday, CEO Musk hinted at a possible India launch as early as summer of 2017 while responding to a question on Twitter.

Owing to this, the Model 3 will be subjected to some concessions, resulting in a lower price than imported cars of similar value. Musk had earlier expressed interest in setting up a supercharger network too for supporting its customers. Supercharger network allows Tesla users to recharge their car batteries for up to 270 km range in 30 minutes and a full charge in 75 minutes.

As a part of this ‘pilot’ proposal, 1,200 charging points will be created through a Public-Private Partnership (PPP) model, and it seems like Ola has been selected for this initiative. “The pilot project is likely to begin in Nagpur this month and charging points will be set up at fuel stations in the city,” reads one report. Ola will be introducing 50 electric cars and, depending on how it goes, increase the number in the near future.

The Society of Indian Automotive Manufacturers (SIAM) has said that India’s automotive sector is worth $74 billion today and is expected to achieve a turnover of $300 billion by 2026, which, along with the thrust on electric vehicles, could make it a gold mine for Musk’s Tesla.

Tesla to enter Indian market soon in 2017

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