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Tesla Shifts Focus to Showrooms, Ignoring India's EV Push

6/2/2025

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Summary

Story summary

Tesla has shifted its focus away from manufacturing in India, opting to set up showrooms instead, as revealed by Heavy Industries Minister H D Kumaraswamy. In contrast, global giants like Mercedes-Benz and Volkswagen are eager to embrace India's new EV policy, which promises enticing tax breaks for local production. The government is determined to boost EV sales from a mere 2.5% to an ambitious 30% by 2030.

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Story summary

Tesla has shifted its focus away from manufacturing in India, opting to set up showrooms instead, as revealed by Heavy Industries Minister H D Kumaraswamy. In contrast, global giants like Mercedes-Benz and Volkswagen are eager to embrace India's new EV policy, which promises enticing tax breaks for local production. The government is determined to boost EV sales from a mere 2.5% to an ambitious 30% by 2030.