Located at the Maker Maxity Mall in Bandra Kurla Complex (BKC), this is a very popular debut in India.
People are seen outside the Tesla showroom ahead of its opening in Mumbai. (Reuters)
Tesla today opens its first showroom in Mumbai and has officially entered the Indian market by launching its model Wiy electric vehicle, which costs Rs 60 lakh (approximately $ 70,000). Tesla’s much -awaited debut in the third automobile market in the world, located at the Bandra Kurla complex (BKC) Maker Maxity Mall.
Tesla’s logo was highlighted in black on the store at least white wall, while partially covered models stood behind the Y glass panel and pulling a small but eager crowd.
Chief Minister Devendra Fadnavis said that Tesla wants to establish research and development and production facilities in India, said Chief Minister Devendra Fadnavis that Tesla should consider him as a partner in his journey. We want to see research and development and production in India. Fadnavis expressed confidence that Tesla would consider this at the right stage. He said that Maharashtra should be a partner on his journey. The Chief Minister said that Mumbai is not only the financial, professional and entertainment capital of India, but also an entrepreneurial center. Fadnavis said, ‘Mumbai is the side of innovation and sustainability. The Chief Minister said that Tesla is higher than the automotive company. Tesla is not just a car company but about design, innovation and durability, which is why it is loved globally, he said.
Tesla is initially offering two versions of models in India: Rear Wheel Drive Model is priced at Rs 60.1 lakh ($ 70,000) and long haul variants cost Rs 67.8 lakh ($ 79,000). These prices are significant compared to other markets – the same vehicle prices in the United States ₹ 38.6 ($ 44,990), in China ₹ 30.5 ($ 36,700) and in Germany ₹ 46 lakh ($ 53,700) ($ 45,970) starts – this difference is mainly due to India’s huge import duty.
Despite the high prices, Tesla will target the rich urban customers in India and join the premium EV segment dominated by German vehicle manufacturers like BMW and Mercedes-Benz. While Tesla is still entering the market with petrol and diesel vehicles, the EV sector in India is slowly taking the momentum and the growing market manufacturers like Tata Motors and Mahindra are at the forefront. India aims to increase EVs by up to 5 percent in total car sales by promoting tax deductions and foreign vehicle manufacturers.
