CarWale
    AD

    Tesla in talks with government to relax import duties

    Authors Image

    Pratheek Kunder

    24,777 Views
    Tesla in talks with government to relax import duties

    A few days ago, we put out an article that the India launch of the Tesla Model 3 could be postponed due to the taxation structure in India. But now, we have confirmation that Tesla is currently in talks with the government to temporarily relax its import duties until it builds a factory. 

    Elon Musk, CEO, Tesla tweeted “In discussions with the government of India requesting temporary relief on import penalties/restrictions until a local factory is built” when someone on twitter asked him about his India launch plans. The American electric car maker has received a lot of bookings for its latest car, the Model 3 from India. However, due to the current FDI policy for single brand retailer, Tesla is unable to begin its India operations. 

    Unlike the traditional sales approach where a company appoints a dealer to sell their cars, Tesla sells its electric cars through company-operated showrooms worldwide. This sales strategy is a problem for Tesla in India because as per the current FDI policy, single brand retailers needs to source 30 per cent value of goods from India. But the good news is, the government has been planning to ease the FDI norms for single brand retail. If it does, companies like Tesla will surely benefit and will be able to sell its cars in India, which is one of the fastest growing car markets in the world. 

    We believe the government may support companies like Tesla who are into clean energy transportation. The government is looking at selling only electric cars by 2030. In order for that to happen, the infrastructure needs a major boost and Tesla has been successful in setting up the right infrastructure for EVs in United States as well as in a few European countries. 

    Related News

    Popular News

    Recent News

    Mahindra e2o PLUS Gallery

    Featured Cars

    • HATCHBACKS
    • JUST LAUNCHED
    • Upcoming
    Maruti Suzuki Swift
    Maruti Swift
    Rs. 6.49 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Tata Tiago
    Tata Tiago
    Rs. 5.00 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Maruti Suzuki Baleno
    Maruti Baleno
    Rs. 6.66 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Renault Kwid
    Renault Kwid
    Rs. 4.70 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Maruti Suzuki Alto K10
    Maruti Alto K10
    Rs. 3.99 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Tata Altroz
    Tata Altroz
    Rs. 6.50 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Hyundai Grand i10 Nios
    Hyundai Grand i10 Nios
    Rs. 5.92 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Maruti Suzuki Wagon R
    Maruti Wagon R
    Rs. 5.54 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BMW M5
    BMW M5
    Rs. 1.99 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    21st NOV
    Mercedes-Benz AMG C 63 S E Performance
    Mercedes-Benz AMG C 63 S E Performance
    Rs. 1.95 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    12th NOV
    Maruti Suzuki Dzire
    Maruti Dzire
    Rs. 6.79 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    11th NOV
    Skoda Kylaq
    Skoda Kylaq
    Rs. 7.89 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    JUST LAUNCHED
    6th NOV
    Mercedes-Benz AMG G-Class
    Mercedes-Benz AMG G-Class
    Rs. 3.60 Croreonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mercedes-Benz E-Class
    Mercedes-Benz E-Class
    Rs. 78.50 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Volvo EX40
    Volvo EX40
    Rs. 56.10 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    BYD eMax 7
    BYD eMax 7
    Rs. 26.90 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Audi Q7 facelift
    LAUNCHING SOON
    Nov 2024
    Audi Q7 facelift

    Rs. 89.00 - 98.00 LakhEstimated Price

    28th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra BE 6e
    Mahindra BE 6e

    Rs. 17.00 - 21.00 LakhEstimated Price

    26th Nov 2024Unveil Date

    Get Launch Alert on WhatsApp

    Mahindra XEV 9e
    Mahindra XEV 9e

    Rs. 50.00 - 52.00 LakhEstimated Price

    26th Nov 2024Expected Launch

    Get Launch Alert on WhatsApp

    Honda Amaze 2024
    LAUNCHING SOON
    Dec 2024
    Honda Amaze 2024

    Rs. 7.50 - 10.00 LakhEstimated Price

    4th Dec 2024Expected Launch

    Get Launch Alert on WhatsApp

    Toyota Camry 2024
    Toyota Camry 2024

    Rs. 45.00 - 55.00 LakhEstimated Price

    11th Dec 2024Expected Launch

    Get Launch Alert on WhatsApp

    Mahindra XUV.e8
    Mahindra XUV.e8

    Rs. 21.00 - 30.00 LakhEstimated Price

    Dec 2024 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    BMW New X3
    BMW New X3

    Rs. 65.00 - 70.00 LakhEstimated Price

    Jan 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    Hyundai Creta EV
    Hyundai Creta EV

    Rs. 22.00 - 26.00 LakhEstimated Price

    Jan 2025 (Tentative)Expected Launch

    Get Launch Alert on WhatsApp

    AD
    • mahindra-cars
    • other brands
    Mahindra XUV 3XO
    Mahindra XUV 3XO
    Rs. 7.79 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mahindra Thar Roxx
    Mahindra Thar Roxx
    Rs. 12.99 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city
    Mahindra Scorpio N
    Mahindra Scorpio N
    Rs. 13.85 Lakhonwards
    Avg. Ex-Showroom price
    Show price in my city

    Mahindra e2o PLUS Price in India

    CityOn-Road Prices
    MumbaiRs. 8.34 Lakh
    BangaloreRs. 8.15 Lakh
    DelhiRs. 10.09 Lakh
    PuneRs. 8.34 Lakh
    HyderabadRs. 8.63 Lakh
    AhmedabadRs. 8.32 Lakh
    ChennaiRs. 8.22 Lakh
    KolkataRs. 7.82 Lakh
    ChandigarhRs. 8.22 Lakh

    Popular Videos

    Mail Image
    Sign up for our Newsletter
    Get all the latest updates from CarWale
    • Home
    • News
    • Tesla in talks with government to relax import duties