Tesla, an American electric vehicle company is finally making its way to the Indian market. As the reports surfacing, Tesla to launch the Model 3 in India in June 2021. The company will also set up a manufacturing plant in India. Union Minister Nitin Gadkari told PTI.
We already know that many companies operating in India are also looking to bring electric cars in India such as TATA, Hyundai, Honda, etc. The government is also emphasizing green fuel and electric vehicles.
“American auto major Tesla will have its distribution facility (sale centers) for its cars in India from next year and considering the demand it would look into setting up of manufacturing here. India has the potential to become the largest EV (electric vehicle) producer in the world in the next five years,” Gadkari told PTI.
“The Centre intends to have an electric vehicle sales penetration of 30% for private cars, 70% for commercial cars, 40% for buses, and 80% for two and three-wheelers by 2030 by providing various incentives, which are likely to drive the growth of EV market in India,” Gadkari further said.
Elon Musk in October hinted that it could start operation in India next year. Now we’ve to wait and see if this Model 3 in India comes true as there are already a huge number of Tesla fans in India.