• Latest News
  • Social Trends
  • Movies
  • Top Stories
  • Asia
  • Business
  • Tech
  • Fashion
  • Lifestyle
  • Sports
  • Health
Contact
About
Advertisement
  • Latest News
  • Social Trends
  • Movies
  • Top Stories
  • Asia
    military transfer to Taiwan

    Biden approves military aid to Taiwan under program used for sovereign states

    Elon Musk & Mark Zuckerberg

    WATCH: Elon Musk & Mark Zuckerberg dance together in viral video

    Jailer

    Rajinikanth ‘s new song out makes fans shocked

    kamal haasan project k

    Kamal Haasan arrives in style ahead of ‘ Project K ’s big reveal

    Meta AI-powered chatbots

    Instagram’s Twitter-rival threads app launching on July 6

    Dubai Airports

    Dubai Airports prepares to welcome Hajj pilgrims to a smooth experience at DXB

    Australia Vietnam

    Top legislator of Vietnam meets with visiting Australian PM

    India becomes Central Asian champion in Women’s Volleyball Challenge Cup

    Supreme Court

    Prashant Mishra, KV Viswanathan take oath as Supreme Court judges

  • Business
    rice export singapore

    Centre lifted rice export bar for Singapore

    Baidu

    China approves domestic ChatGPT-like product Baidu

    UAZ

    Russia’s UAZ may start assembling cars in Uzbekistan

    India's streaming business

    Disney’s new bet to revive India streaming business

    Elon Musk & Mark Zuckerberg

    Musk and Zuckerberg set to attend forum on future of AI

    Alibaba Group

    Alibaba launches two AI models

    free trade deal

    India hopes to conclude free trade deal with Britain this year

    Monetary policy transmission

    Sri Lanka central bank chief says monetary policy transmission still incomplete

    BRICS

    BRICS welcomes new members in push to reshuffle world order

  • Tech
    Hun Sen Meta

    Meta rejects recommendation to suspend former Cambodia PM from Facebook

    Whatsapp

    WhatsApp may soon allow users to hide IP address during calls

    WhatsApp

    WhatsApp now lets you share videos in HD

    Youtube humming

    Find music by humming or recording in YouTube

    Meta threads

    Meta to launch web version of flagging Threads app

    Realme 5G Smartphones

    Realme launches two 5G smartphones with dual cameras in India

    Gmail translate

    Gmail translate feature is now available on Android And iOS

    Elon Musk Twitter

    Twitter will soon remove headlines from news articles

    WhatsApp edit

    You will soon be able to edit picture captions on WhatsApp

  • Fashion
    Amazon Great Freedom sale:

    Amazon Great Freedom Festival sale begins for Prime users

    UAE summer sales

    UAE summer sales: Discounts, promotions help residents save up to 75%

    Malaika Arora

    Malaika Arora stuns in Gaurav Gupta lehenga

    Amazon Great Freedom sale:

    Don’t miss to shop the 52 best deals at the Amazon 4th of July Sale

    Manish Malhotra

    Manish Malhotra launches innovative High Jewellery line

    smash burger taco

    Dubai: Viral TikTok ‘smash burger taco’ wows the internet

    Harry Winston

    Harry Winston debuts its first retail salon in Deji Plaza, Nanjing

    Satoshi Kuwata

    Japanese designer Satoshi Kuwata wins LVMH Prize for Young Fashion Designers

    Mayyur Girotra

    Mayyur Girotra marks as first South Asian designer to open New York Pride

  • Lifestyle
  • Sports
    Angela Lee

    MMA fighter Angela Lee retires from the sport

    2024 Diamond League

    2024 Diamond League : China to host opening two events

    Asian Games

    China rowers win first gold of Asian Games

    Mohammed Shami 

    India seamer Mohammed Shami says India’s rotation policy is having positive impact 

    Asian Games Torch Relay

    Thousands Participate in the Launch of Asian Games Torch Relay in Hangzhou

    Asia Cup

    Asia Cup 2023: Pakistan register their third-biggest win against Nepal

    Asia cup 2023

    Asia Cup 2023 begins today with Pakistan vs Nepal

    Meet the new World’s No. 1 Javelin Thrower.

    Neeraj Chopra becomes first Indian to win gold at World Athletics Championships

    AFG vs PAK : Pakistan win by 59 runs, seal series 3-0

    AFG vs PAK : Pakistan win by 59 runs, seal series 3-0

  • Health
No Result
View All Result
  • Latest News
  • Social Trends
  • Movies
  • Top Stories
  • Asia
    military transfer to Taiwan

    Biden approves military aid to Taiwan under program used for sovereign states

    Elon Musk & Mark Zuckerberg

    WATCH: Elon Musk & Mark Zuckerberg dance together in viral video

    Jailer

    Rajinikanth ‘s new song out makes fans shocked

    kamal haasan project k

    Kamal Haasan arrives in style ahead of ‘ Project K ’s big reveal

    Meta AI-powered chatbots

    Instagram’s Twitter-rival threads app launching on July 6

    Dubai Airports

    Dubai Airports prepares to welcome Hajj pilgrims to a smooth experience at DXB

    Australia Vietnam

    Top legislator of Vietnam meets with visiting Australian PM

    India becomes Central Asian champion in Women’s Volleyball Challenge Cup

    Supreme Court

    Prashant Mishra, KV Viswanathan take oath as Supreme Court judges

  • Business
    rice export singapore

    Centre lifted rice export bar for Singapore

    Baidu

    China approves domestic ChatGPT-like product Baidu

    UAZ

    Russia’s UAZ may start assembling cars in Uzbekistan

    India's streaming business

    Disney’s new bet to revive India streaming business

    Elon Musk & Mark Zuckerberg

    Musk and Zuckerberg set to attend forum on future of AI

    Alibaba Group

    Alibaba launches two AI models

    free trade deal

    India hopes to conclude free trade deal with Britain this year

    Monetary policy transmission

    Sri Lanka central bank chief says monetary policy transmission still incomplete

    BRICS

    BRICS welcomes new members in push to reshuffle world order

  • Tech
    Hun Sen Meta

    Meta rejects recommendation to suspend former Cambodia PM from Facebook

    Whatsapp

    WhatsApp may soon allow users to hide IP address during calls

    WhatsApp

    WhatsApp now lets you share videos in HD

    Youtube humming

    Find music by humming or recording in YouTube

    Meta threads

    Meta to launch web version of flagging Threads app

    Realme 5G Smartphones

    Realme launches two 5G smartphones with dual cameras in India

    Gmail translate

    Gmail translate feature is now available on Android And iOS

    Elon Musk Twitter

    Twitter will soon remove headlines from news articles

    WhatsApp edit

    You will soon be able to edit picture captions on WhatsApp

  • Fashion
    Amazon Great Freedom sale:

    Amazon Great Freedom Festival sale begins for Prime users

    UAE summer sales

    UAE summer sales: Discounts, promotions help residents save up to 75%

    Malaika Arora

    Malaika Arora stuns in Gaurav Gupta lehenga

    Amazon Great Freedom sale:

    Don’t miss to shop the 52 best deals at the Amazon 4th of July Sale

    Manish Malhotra

    Manish Malhotra launches innovative High Jewellery line

    smash burger taco

    Dubai: Viral TikTok ‘smash burger taco’ wows the internet

    Harry Winston

    Harry Winston debuts its first retail salon in Deji Plaza, Nanjing

    Satoshi Kuwata

    Japanese designer Satoshi Kuwata wins LVMH Prize for Young Fashion Designers

    Mayyur Girotra

    Mayyur Girotra marks as first South Asian designer to open New York Pride

  • Lifestyle
  • Sports
    Angela Lee

    MMA fighter Angela Lee retires from the sport

    2024 Diamond League

    2024 Diamond League : China to host opening two events

    Asian Games

    China rowers win first gold of Asian Games

    Mohammed Shami 

    India seamer Mohammed Shami says India’s rotation policy is having positive impact 

    Asian Games Torch Relay

    Thousands Participate in the Launch of Asian Games Torch Relay in Hangzhou

    Asia Cup

    Asia Cup 2023: Pakistan register their third-biggest win against Nepal

    Asia cup 2023

    Asia Cup 2023 begins today with Pakistan vs Nepal

    Meet the new World’s No. 1 Javelin Thrower.

    Neeraj Chopra becomes first Indian to win gold at World Athletics Championships

    AFG vs PAK : Pakistan win by 59 runs, seal series 3-0

    AFG vs PAK : Pakistan win by 59 runs, seal series 3-0

  • Health
No Result
View All Result
Asian Herald
No Result
View All Result
Home Tech

Infrastructure, supply chain snags could delay Tesla’s growth in India

Editorial Desk by Editorial Desk
January 22, 2021
in Tech
0
Infrastructure, supply chain snags could delay Tesla’s growth in India

FILE PHOTO: A China-made Tesla Model 3 electric vehicle is seen ahead of the Guangzhou auto show in Guangzhou, Guangdong province, China November 21, 2019. REUTERS/Yilei Sun

Share on FacebookShare on Twitter

NEW DELHI (INDIA) – US electric carmaker Tesla Inc which is gearing up for launch in India might remain a niche player for years, catering only to the creamy layer in the world’s second-most populous nation.

Electric vehicle (EV) market in India is still at it’s teething stage and accounted for only 5,000 out of a total 2.4 million cars sold in the country last year. A lack of local production of components and batteries, negligible charging infrastructure and the high cost of EVs mean there have been few takers in the price-conscious market.

One might have to wait and see how Tesla’s sought-after and expensive autonomous driving features will work on India’s congested roads.

Ammar Master, a forecaster at consultancy LMC Automotive, said he expects Tesla to annually sell only 50-100 of its Model 3 electric sedans in India, at least in the first five years.

“As a country, India is still not so environmentally conscious to pay that much of a premium,” Master said.

“It always comes down to the price point. There will be some high net-worth individuals like movie stars and top business executives who will look at it for the brand value. But then, how many buyers are there?”

Tesla plans to import and sell the Model 3 in India for around $65,000-$75,000 – roughly double the price in the US market, sources said.

With this price range Tesla will compete in India’s even smaller luxury EV segment that has recently started seeing interest from the likes of Jaguar Land Rover (JLR) and Daimler’s Mercedes Benz.

The Mercedes Benz EQC, India’s first luxury EV launched in October for $136,000, and has since sold 31 units, according to auto researcher JATO Dynamics. British luxury carmarker JLR, owned by India’s Tata Motors, plans to launch its I-PACE EV before March. It sells in the United States for around $70,000.

Although India’s road infrastructure has improved in recent years, it lacks traffic discipline . Auto analysts say that means many of Tesla’s features like the automatic lane changing function will be tough to deploy on crowded Indian streets.

Stray animals, including cattle, and potholes on the road are a further problem.

“Most of Tesla’s high technology features will be redundant and users will not get the bang for the buck despite paying premium prices”, said Ravi Bhatia, president for India at JATO Dynamics.

Tags: EVTesla
Previous Post

Elon Musk announces $100 million for ‘best’ carbon capture tech

Next Post

COVID – New outbreak, Hong Kong to place thousands under lockdown

Next Post
COVID – New outbreak, Hong Kong to place thousands under lockdown

COVID - New outbreak, Hong Kong to place thousands under lockdown

Top News in World: Read Latest News on Sports, Business, Entertainment, Blogs and Opinions from leading columnists.

Browse by Category

  • Latest News
  • Social Trends
  • Movies
  • Top Stories
  • Asia
  • Business
  • Tech
  • Fashion
  • Lifestyle
  • Sports
  • Health
No Result
View All Result
  • Latest News
  • Social Trends
  • Movies
  • Top Stories
  • Asia
  • Business
  • Tech
  • Fashion
  • Lifestyle
  • Sports
  • Health

© 2022 Asian Herarld All rights reserved