Day: January 20, 2021

From Mercedes-Benz to Tesla in the race will it be star wars in the Indian luxury EV space?, Auto News, ET Auto

EQC which was globally introduced in 2019 clocked gross sales of twenty,000 units in CY 2020.

New Delhi: The US-primarily based electrical carmaker Tesla, which is also the most valued automaker now, following several years of dilly-dallying, has completed it with a bang. Tesla included its Indian entity Tesla India Motors And Vitality Personal Restricted in Bengaluru previous week. This has built a flutter in the Indian automotive industry as other worldwide luxury electric car makers have been betting on the Indian current market in a massive way. Gamers like Mercedes-Benz are by now listed here. Other folks are on the way.

In accordance to the story broken by ETAuto in December, Tesla would be introducing its most effective marketing Product 3 in the Indian current market at an envisioned selling price of about INR fifty five lakh-INR 60 lakh.

The Indian electrical automobile current market is still at a

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