Home Business Tesla to Delay Indian launch of Electric Cars

Tesla to Delay Indian launch of Electric Cars

54
0
SHARE
San Jose (US): Prime Minister Narendra Modi with Tesla Motors CEO Elon Musk, during his tour to company's plant in San Jose, California, US on Sep 26, 2015. (Photo: IANS/PIB) by .
Prime Minister Narendra Modi with Tesla Motors CEO Elon Musk, during his tour to company's plant in San Jose, California, US (Photo: IANS/PIB)

Tesla’s founder and CEO Elon Musk said that lack of component suppliers in India is delaying the entry of electric cars in the country….reports Asian Lite News

San Jose (US): Prime Minister Narendra Modi with Tesla Motors CEO Elon Musk, during his tour to company's plant in San Jose, California, US on Sep 26, 2015. (Photo: IANS/PIB) by .
Prime Minister Narendra Modi with Tesla Motors CEO Elon Musk, during his tour to company’s plant in San Jose, California, US (Photo: IANS/PIB)

In February 2017, Musk had tweeted that he was hoping for Tesla to launch its vehicle in summer.

However, on Monday he dashed the hopes of seeing the company launching the model in India either in 2017 or 2018.

Replying to a tweet that asked about the chances of Tesla launching its model in India in 2017 or 2018, Musk said: “Maybe I’m misinformed, but I was told that 30 per cent of parts must be locally sourced and the supply doesn’t yet exist in India to support that.”

The models rolled out by Tesla are electric powered and long distance runners.

Though India is the fastest growing market for passenger cars, the market for electric vehicles is yet to grow.

Prime Minister Narendra Modi had visited Tesla headquarters at Palo Alto, California, in the United States, in 2015 and met Musk.

U.S.-LAS VEGAS-CES-SMART CARS by .
A Tesla electric car is equipped with a giant solar panel at the 2014 Interntional Consumer Electronics Show (CES) in Las Vegas, the United States (Xinhua/Yang Lei) (lyx)