Tesla has officially announced plans to begin deliveries of electric vehicles in India with the opening of its first showroom in Mumbai.
Showroom Opening in Mumbai
Tesla plans to open its first showroom in Mumbai, marking the company's official entry into the Indian market. Deliveries are expected to start in late August, with customers able to configure and order their Tesla electric vehicles starting next week.
Decline in Global Sales
In recent months, Tesla has recorded a decline in electric vehicle sales. However, with India being the third-largest automobile market globally, the company might leverage this region to counteract slower sales in other markets. The popularity of the Model Y, which remains the top-selling electric vehicle worldwide, will aid its acceptance in India despite high import tariffs.
Future Plans in India
Sources have indicated that Tesla is working on opening a second showroom in the New Delhi area, expected by the end of July. Despite current sales challenges and no plans for production in India, the company continues to expand its market presence.
Tesla's plans to enter the Indian market reflect the company's strategy to mitigate the impact of global sales amidst rising interest in electric vehicles in the region.
