Teslarati

APRIL 17, 2024

Tesla is going to announce an investment of up to $3 billion next week in India during his planned visit with Prime Minister Narendra Modi, reports indicate. Tesla has been working to establish a professional relationship with India for several years, hoping to bring its vehicles to the country on a larger scale.

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Teslarati

APRIL 12, 2024

Mercedes-Benz’s MD and CEO of India, Santosh Iyer, said he is excited about Tesla’s potentially imminent entrance into the market recently, seeing it as a new way for the electric vehicle sector to grow in a country where it is needed. However, that is set to change.

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CleanTechnica EVs

APRIL 11, 2024

Tesla’s Gigafactory Berlin is making headlines as it gears up to produce right-hand drive (RHD) vehicles for the Indian market—a first for the German plant. continued] The post Teslas For India, At Last appeared first on CleanTechnica. However, this strategic shift indicates that.

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Teslarati

APRIL 15, 2024

Stellantis is preparing to make India its main electric vehicle (EV) export hub in Southeast Asia. After the nation’s government passed a new EV policy , India is slowly becoming one of the ideal countries to produce and export EVs. Stellantis recently launched EV exports from India with the Citroen brand.

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Teslarati

APRIL 10, 2024

Hyundai Motor Company and the Kia Corporation plan to produce electric vehicle (EV) batteries in India. to collaborate strategically in India’s EV market. The company has EV expansion plans for India, starting with the leading Indian battery company, Exide Energy. Hyundai Motor is Kia’s parent company.

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Teslarati

APRIL 8, 2024

Panasonic Energy is discussing a potential joint venture with Indian Oil to produce electric vehicle (EV) batteries in India. The company’s interest in India comes after news broke that Tesla Giga Berlin is producing cars for the country. The Japanese battery supplier plans to produce cylindrical lithium-ion batteries in India.

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Baua Electric

MARCH 11, 2024

South Korean automaker Hyundai Motor is looking at India as a crucial market for its operations as the passenger vehicle market here continues to grow by leaps and bounds. India is currently the third-largest market for passenger vehicles globally and continues to be among the fastest-growing markets.

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Cars That Think

MARCH 6, 2024

The government of India has approved a major investment in semiconductor and electronics production that will include the country’s first state-of-the-art semiconductor fab. There could not have been a better time for India to make its entry into the semiconductor manufacturing industry.” The government has approved 1.26

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Baua Electric

APRIL 10, 2024

With EV electric vehicle sales surging in India, several automakers are looking to grab their share. Kia EV4 concept (Source: Kia) Kia plans to launch the EV2, EV3, EV4, and EV5 in major markets, including the US, Europe, and South Korea. Kia recently revealed plans to launch three new EVs in the region, including a new Carens EV.

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Baua Electric

APRIL 5, 2024

Since its entry in India three years ago, Citroen has introduced four models in the market, beginning with the premium C5 Aircross SUV. PCA Motors is a joint venture between the the then-PSA Group (now merged into Stellantis) and India’s CK Birla Group. This is likely due to the C5 Aircross’ high price (Rs 36.91 lakh to Rs 43.57

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Electric Cars Report

APRIL 9, 2024

With the expansion of their EV plans for the Indian market, Hyundai and Kia aim to localize their EV battery production, specifically focusing […] The post Hyundai, Kia partner with Exide Energy Solutions for EV Battery Localization in India appeared first on Electric Cars Report.

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Teslarati

AUGUST 2, 2023

Tesla has leased new office space in India, driving more rumors and speculation of an imminent market entry for the all-electric automaker that has been in the works for a long time. A 5,850-square-foot space in the Panchshil Business Park in Pune, India, has been leased by Tesla, according to Punekarnews , an Indian media outlet.

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Electric Cars Report

JULY 17, 2023

announced on Monday it will produce 100 Fisker Ocean Extreme Vigyan Edition all-electric SUVs for the India market. India offers exciting opportunities for us,” Chairman and CEO Henrik Fisker said. Fisker Inc.

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Baua Electric

MARCH 30, 2024

By: HT Auto Desk | Updated on: 31 Mar 2024, 08:59 AM Ford is gearing up for a comeback in the Indian market with the launch of a new small SUV, tailored to meet the changing demands of Indian consumers. Ford has been a subject of keen interest lately due to speculation surrounding its return to India. What’s in store for India?

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Teslarati

MAY 19, 2021

Roth Capital analyst Craig Irwin, who has a $150 price target on TSLA, believes Tesla’s market potential in India might be bigger than the lead EV automaker’s market in China. “The entry into the Indian market I expect to be a big, big boost for [Tesla].

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Teslarati

MAY 8, 2022

The Tesla India team was reassigned to Asia-Pacific (APAC) and other markets. The team in India includes Sami Jain, who previously worked for Porsche on the legacy automaker’s electrification effort. Most of Tesla’s employees in India were tasked to focus on the company’s efforts in Dubai and other Middle-East markets.

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Baua Electric

MARCH 5, 2024

Chinese EV maker BYD, which launched its third product – the BYD Seal EV sedan – in India on March 5, plans to enhance its market coverage from the existing 65 percent to over 90 percent in the coming years. The company says the South is the biggest EV market in India, followed by the North and West, which are almost equal.

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Baua Electric

MARCH 27, 2024

We need to find our secret sauce and in the past maybe the only thing we were focusing on was trying to get the cheapest possible car to get access to mobility, but the market is changing a lot, so we have to be a little bit more creative,” he said. India is not an easy market for OEMs, for sure.

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Baua Electric

MARCH 1, 2024

Honda Cars India (HCIL) registered monthly domestic sales of 7,142 units in February, recording a 17 percent year-on-year growth, compared to 6,086 units clocked in February 2023. The company says its latest entrant – Elevate – in India’s mid-size SUV segment has been maintaining a strong demand from buyers. “Our

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Baua Electric

MARCH 5, 2024

With cumulative annual volumes crossing 17,000 units in CY23, India has become the fifth-largest overseas market for German luxury carmaker Mercedes-Benz, which is bullish about India’s potential in the coming years. India plays a key and strategic role for Mercedes-Benz, globally.

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Baua Electric

MARCH 26, 2024

Satyakam Arya, Managing Director and CEO of Daimler India Commercial Vehicles expects the commercial vehicle industry in India to clock a CAGR (Compound Annual Growth Rate) of close to 5% over the next six years. He predicts their combined share could grow by more than 55% of the total commercial vehicle industry.

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Baua Electric

JANUARY 13, 2024

At a time when global electric vehicle major Tesla is set to announce its big-bang entry into the Indian market this month, the world’s third largest passenger vehicle market is set to take a big leap into electric vehicle exports, with the Make in India tag well proven over the last couple of decades.

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Teslarati

JUNE 14, 2022

Tesla has lost one of the key executives it hired to handle business in India after the company’s plan to enter the market stagnated due to a disagreement on import duties. In July 2021, CEO Elon Musk stated on Twitter that he is likely to open a factory in India if it is successful with imported vehicles.

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Baua Electric

FEBRUARY 10, 2024

Electric Scooter Price The surge in the prevalence of electric two-wheelers in India can be attributed to various factors. In the past 12-16 months, the electric two-wheeler market has expanded significantly, with brands now presenting The post lowest priced electric scooter in india in 2024 appeared first on Bauaelectric Auto News.

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Teslarati

DECEMBER 14, 2023

Tesla and India have been playing a big game of “chicken” for the better part of the last three years to see who bites first. Based on the latest comments from government officials in India, it is not going to end anytime soon. Tesla wants to build a plant in India, and the government obviously wants Tesla there.

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The Driven EV News

MARCH 25, 2024

Ford is reportedly investigating the possibility of reopening its Chennai factory in India, with speculation it is looking to build an EV platform for local and overseas markets. The post Ford reportedly eyeing India factory reopening to deliver low-cost EV plans appeared first on The Driven.

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Baua Electric

JANUARY 18, 2024

SANY India, a prominent construction equipment manufacturer, has marked a significant achievement by successfully exporting over 1,000 Telehandlers to the United States. This milestone underscores India’s role as a key manufacturing hub in SANY’s global strategy.

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Teslarati

JANUARY 8, 2024

Vietnamese electric vehicle (EV) automaker VinFast announced it would build an integrated EV facility in Tamil Nadu, India. The new EV facility in India will be located in Thoothukudi. VinFast’s EV facility in India is expected to generate 3,000 to 3,500 local jobs. In August 2023, VinFast Auto Ltd.

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CleanTechnica EVs

APRIL 13, 2024

Tesla is planning to send a team of people to scout for locations in India this month. continued] The post Tesla’s Tenuous Hold On EV Market May Mean Opening Up South Asia appeared first on CleanTechnica.

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Baua Electric

FEBRUARY 2, 2024

With the adoption of electric vehicles picking up in the country, India could become the largest electric vehicle market in the world by 2030, Minister of Commerce and Industry Piyush Goyal today. India is currently the third-largest automobile market in the world. lakh units, with two-wheelers leading the race.

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Baua Electric

MARCH 3, 2024

Used car market in India is expected to grow to nearly ₹8.2 REUTERS) India’s thriving used car market is set to grow exponentially in the next 10 years. According to CARS24, one of India’s top private used car providers, the segment is likely to witness a four-fold growth by 2034.

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Teslarati

NOVEMBER 6, 2023

Tesla India might get approval by early 2024, as the local government discusses a policy change for electric vehicles in the country. The Indian government aims to approve Tesla’s future facilities in India by January 2024. Government departments discussed a policy change affecting electric vehicle manufacturing in India recently.

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Teslarati

JUNE 20, 2023

Tesla Giga India rumors are being prompted once again by a meeting between CEO Elon Musk and Prime Minister Narendra Modi has been set up to take place within the next few days. early on Tuesday and will meet with Musk, along with 23 others, ranging from a variety of sectors and interests, the Times of India reports.

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Baua Electric

APRIL 16, 2024

On being asked about Elon Musk’s imminent entry to India, during an interview, Prime Minister Narendra Modi told ANI, “I want investment to come to India, it doesn’t matter who has invested money, but the work must be of our own people.” Musk is slated to announce big ticket investments plans in India.

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Baua Electric

MARCH 10, 2024

A total of 200 electric buses will serve Berhampur, Bhubaneswar, and Cuttack, marking JBM’s entry into the eastern Indian market. The post JBM enters East India market, deploys 200 electric busses in Odisha | Autocar Professional appeared first on Bauaelectric Auto News.

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Baua Electric

APRIL 10, 2024

Tesla is now back with its India plans and its chief Elon Musk is set to visit India. Musk today confirmed that would be meeting Prime Minister Narendra Modi in India. Looking forward to meeting with Prime Minister @NarendraModi in India!,” Tesla has been wanting to come to India for a long time.

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Teslarati

SEPTEMBER 13, 2023

With Tesla and India still working out the finer details for its apparent partnership that would see a new Gigafactory come to the country, a new statement from a government official shows that the automaker will purchase billions of dollars worth of automotive components from the country. Tesla plans to source between $1.7

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