Tesla is stepping back from manufacturing in India, focusing solely on opening showrooms — but what does this mean for the country’s EV ambitions? Meanwhile, Chinese EV giant BYD faces a firm ban, blocked over concerns of unfair practices. With other global automakers like Mercedes, Volkswagen, and Hyundai pushing forward, India’s EV market is becoming a high-stakes battleground. Dive into the latest updates on government policies, industry moves, and what the future holds for electric vehicles in India.
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#TeslaIndia #EVManufacturing #BYDBan #ElectricVehicles #IndiaEVMarket #TeslaShowrooms #EVPolicyIndia #PiyushGoyal #Kumaraswamy #BYDBlocked #AutomotiveNews #CleanEnergy #SustainableTransport #IndiaEconomy #TeslaUpdate
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NewsTranscript
00:00This is Bench,
00:27Volkswagen, Skoda, then Hyundai, Kia. All these companies already shown interest.
00:40Sir, what about the Teslas and the Windpass and the pure EV makers that the policy was meant to attract?
00:48This log, we are not actually expected from them. They are only to start two showrooms.
00:59They are not interested in manufacturing in Karnada, India.
01:05Sir, you are saying Tesla is not interested in manufacturing in India?
01:08Yes, madam.
01:11As of today, the information that is with us.
01:18Very interested to open showroom.
01:21Showroom.
01:23Sir, the real intent we will know when we open the application and if the company still feels like investing.
01:30What Minister, sir, is telling is about people what they have come and told in formal info.
01:48We'll see you soon.
02:01So, I'll see you soon.
02:05What are your expectations from India in green technology?
02:21Well, it seems that India is really, the people here are very ready to go.
02:28You know, they want to go on green technology in every possible way.
02:33And, you know, I can't say anything more than to say that, you know, it's great.
02:41It's the right way to go.
02:43I think the purpose of my visit was very clear.
02:46I was looking at engaging with the high quality senior level Indian talent who's contributing to Tesla's success story.
02:56And I was also very keen to see the electric vehicle factory because we are now increasingly contributing through parts and components in the making of electric vehicles.
03:08Last year, India exported about a billion dollars worth of goods.
03:13This year, it will almost double to one point nine billion dollars of exports from India to Tesla.
03:18Tesla India is producing really high quality products, spare parts, auto components, which I'm sure will help us as we expand our electric auto ecosystem.
03:31As more and more companies from around the world come into India, as our two companies, Tata's and Mahindra's, who are doing a fabulous job on promoting and manufacturing electric vehicles in India, expand their operations.
03:47I think in every respect, India is poised to become a big market and a big producer of electric vehicles.
03:56The idea behind the visit was to understand the story and see how it's going to move forward.
04:03No decisions have been taken on any score in terms of when Tesla will come in, what role they will have in our private sector engagement on space.
04:13I think those are for the officials to look at.
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