Wednesday, August 2, 2023

In India, it's advantage Tesla as Chinese automakers face heat

Tesla could enter India with ease as its largest rival in electric vehicles from China, BYD, faces increased scrutiny from New Delhi, clearing the way for Tesla to negotiate terms for an entry to the world's third-largest auto market without competition from BYD. Tesla CEO Elon Musk has held talks with Indian officials on a potential plant investment and plans to build a new low-cost $24,000 EV.

from Auto-Industry-Economic Times https://ift.tt/Aq5zhNn

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