Wednesday, January 20, 2021

Tesla faces bumpier ride breaking into India after China success

Cost is like to be a major stumbling block in India. Modi govt's FAME programs won’t do much to help lower the price for would-be Tesla customers, since the upper limit for an EV to qualify for subsidies is Rs 15 lakh. Teslas will cost more than that and therefore won’t be eligible, according to BNEF analyst Allen Tom Abraham.

from Auto-Industry-Economic Times https://ift.tt/35Xrmzu
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Proposed GST hike may not shake up used car market much

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