Will Tesla Enter the Indian Automobile Market

Tesla and the Indian Automobile Market

1. Will Tesla Enter the Indian Market?

2. OVERVIEW ABOUT TESLA Tesla, Inc. is an American multinational corporation focusing on electric vehicles, clean energy, and artificial intelligence. Tesla offers top-notch performance, range, and minimalist design with their EV vehicles. Tesla develops Autopilot and Full Self-Driving (FSD) technology for its EVs, aiming for autonomous driving capabilities. Tesla's mission is to "accelerate the world's transition to sustainable energy." This encompasses not only EVs but also solar energy and energy storage solutions.

3. TESLA’S PREVIOUS PLANS FOR ENTERING INDIAN MARKET 2021 2022 2022 Government reluctant to ease on import taxes Tesla tried to enter by pushing officials to lower the import tax for EVs Government conveyed that Tesla would have to manufacture locally

4. TESLA’S CURRENT PLAN TO ENTER INDIA Tesla have engaged in discussions with the Indian government to establish car and battery manufacturing facilities Govt. could introduce new category in the import policy Govt. could introduce new category in the import policy to provide lower taxes for clean energy-driven vehicles Ministries and government departments have been instructed to resolve any differences with Tesla

5. 01 Growing EV market OPPORTUNITIES 02 Government Support 03 Brand Recognition 04 Tech Savvy Consumers

6. CHALLENGES PRICING IMPORT DUTIES CHARGING INFRASTRUCTURE COMPETITION

7. NEWS Source: Bloomberg

8. NEWS Source: Mint

9. HOW WILL TESLA IMPACT LOCAL CAR MAKERS IN INDIA? Tesla Model 2 Tesla Model 3 Increased Competition Shifting Consumer Preferences Price Pressure

10. HOW WILL TESLA IMPACT LOCAL CAR MAKERS IN INDIA? Tesla Model Y Tesla Model S Tesla Model X 4) Focus on Niche Segments 5) I nfrastructure Boost 6) Innovation and Collaboration

11. SHOULD TESLA ENTER INTO INDIAN MARKETS? Our Opinion