Latest news with #ModelY
Time of India
2 hours ago
- Automotive
- Time of India
Tesla opens shop at BKC; right city, right state: CM
1 2 Mumbai : Tesla's long awaited India debut finally took place with chief minister Devendra Fadnavis inaugurating its showroom in Mumbai on Tuesday. The Elon Musk-led car maker unveiled its Model Y compact all-electric SUV at its 'Experience Centre' in Bandra-Kurla Complex with the CM describing it as the "right city and the right state" for the launch. "Mumbai stands for innovation and sustainability. In 2015, when I went to the US, I had my first ride in a Tesla, and then I thought we need such a vehicle for mobility in India. But it took 10 years for it to come to India. But we are very happy that finally you are here. They will have one of their best markets in India," Fadnavis said. He was accompanied by transport minister Pratap Sarnaik and transport commissioner Vivek Bhimanwar. The CM said the state's EV policy encourages manufacturing of electric vehicles. He said Maharashtra's EV policy is the best in the country and offers incentives and improved e-charging infrastructure. Tesla is also expected to set up its own charging stations in the city. "On a single charge, you can travel over 500 km and this will reduce range anxiety," he added. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai But will Tesla be able to cater to bad road conditions and waterlogging in cities like Mumbai? A showroom executive said, "the car had good suspension and was adaptable to Mumbai roads" as test runs were undertaken for over a year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cách giao dịch ETH/USD mà không cần nắm giữ Ether IC Markets Tìm hiểu thêm Undo It also had a front bumper camera to provide visibility for blind spots. Tesla announced that it will set up four charging stations in the Mumbai Metropolitan Region. "These will come up in Lower Parel, BKC, Thane and Navi Mumbai, with 16 superchargers and 16 destination chargers. Each supercharger gives a range of 267 km for just 15-minute charging," said Tesla regional director Isabel Fan. Maharashtra industries minister Uday Samant told the state assembly on Tuesday that Tesla had chosen Maharashtra over other states in the country to set up its first showroom because it was a preferred destination for industry on the global map."They chose India and then Maharashtra. This once again proves that Maharashtra is the top choice," said Samant. He was replying to a debate on industry and Marathi language in the assembly.
Time of India
2 hours ago
- Automotive
- Time of India
Mike Waltz Stammers When Questioned On Leaked Houthi Strikes In US Senate Hearing
Tesla Arrives In India: Smooth Ride Or Bumpy Road Ahead? Tesla is finally here. After years of negotiations and delays, Elon Musk's electric carmaker Tesla has rolled into India. The electric vehicle giant has launched its first showroom in Mumbai's Bandra-Kurla Complex. This is expected to be followed by more outlets in Delhi and elsewhere. The Mumbai showroom will help the electric carmaker gauge market potential in India, as it looks to expand its global footprint. The starting price of Tesla's Model Y is nearly Rs 60 lakh or 69,770 dollars, thanks to India's steep import duties. Will it be a smooth ride or a bumpy road ahead for Tesla in India? Can it compete with luxury cars like BMW and Mercedes-Benz? Will its prohibitive price be a challenge for Tesla? Can Tesla survive the ultimate test- the Indian roads? 22 views | 4 hours ago
Yahoo
2 hours ago
- Automotive
- Yahoo
Tesla Enters India With $70K Model Y, Opens Mumbai Showroom
Tesla (TSLA, Financials) has started selling its Model Y in India. The price is $70,000, which is a lot more than the base price of $44,990 in the U.S. because of high import tariffs. On Tuesday, the firm launched its first shop in Mumbai and started taking orders online. Deliveries should commence in the third quarter of is also a long-range version of the Model Y that costs $79,000. There are no plans to make either version in the US right now; they are both made in China. Tesla also released its Full Self-Driving upgrade for $7,000, although it still needs a driver to watch over it, especially because of India's tough road is putting superchargers in Mumbai and Delhi, where they want to open a second showroom. The company is talking to officials in the U.S. and India about possible tariff relief, which could affect its long-term growth. This article first appeared on GuruFocus.
UAE Moments
4 hours ago
- Automotive
- UAE Moments
Tesla Opens its First Showroom in India
Tesla has officially made its long-awaited entry into India with the inauguration of its first showroom in Maker Maxity Mall in Bandra Kurla Complex (BKC) in Mumbai on Tuesday, July 15. Maharashtra's Chief Minister, Devendra Fadnavis, kicked off the event, unveiling the Model Y, signalling a bold step into India's burgeoning EV landscape. Flagship Location & Design Spanning 4,000 sq ft, the Mumbai showroom was completed in 45 days, designed with Tesla's signature minimalism by architect Neeta Sharada, mirroring global aesthetics. Located in the upscale Maker Maxity Mall at BKC, it's expected to set the tone for future outlets in Delhi and beyond. Model Y Enters India The launch features two variants of the China-imported Model Y SUV: Long‑Range RWD with 622 km range, priced up to ₹67.9 lakh High import duties—70% to 110%—drive these prices, making the Model Y roughly ₹15 lakh more expensive than in the U.S. Despite the cost, Tesla aims to address a niche premium EV segment, competing against BMW, Mercedes-Benz, and Kia. Deliveries & Infrastructure Bookings are open now, with deliveries slated to begin after September 2025, after finalizing regulatory approvals. Tesla also plans to deploy V4 Superchargers across Mumbai and Delhi, offering up to 267 km of charge in 15 minutes. Strategy & Future Roadmap Tesla's India entry follows years of negotiation marked by high duties and policy hurdles. While local manufacturing is not yet on the table, the new EV policy, with reduced import tariffs and incentives, suggests a possible shift if Tesla invests in a factory within three years. Meanwhile, India is eyeing Tesla to boost its EV goals—from under 5% of sales toward a 30% target by 2030. Tesla is starting its India journey cautiously, aiming to plant its brand, assess demand, and build charging networks before re-evaluating large-scale investment.
Al Jazeera
5 hours ago
- Automotive
- Al Jazeera
Tesla launches Model Y in India with elevated price tag amid high tariffs
Tesla has launched its Model Y in India for about $70,000, a significant markup relative to its other major markets, reflecting the country's high tariffs on electric vehicle imports, which CEO Elon Musk has long criticised. The electric carmaker announced the price on Tuesday. Deliveries are estimated to start from the third quarter, the US automaker is targeting a niche electric vehicle segment in India that accounts for just 4 percent of overall sales in the world's third-largest car market. It will compete mainly with German luxury giants such as BMW, Mercedes-Benz and South Korea's Kia rather than domestic mass-market EV players such as Tata Motors and Mahindra Auto. On Tuesday, Tesla opened its first showroom in Mumbai and began taking Model Y orders on its website, marking its long-awaited entry into the market where Musk once had plans to open a factory. For now, Tesla will import cars into a country where tariffs and related duties can exceed 100 percent, driving up the price for consumers. Tesla's Model Y rear-wheel drive is priced at about $70,000 (6 million rupees), while its Model Y long-range rear-wheel drive costs roughly $79,000 (6.8 million rupees), according to the website. Tariff pressures The prices include the tariff and additional levies imposed by the state. There was no breakdown of the price on the website and Reuters could not immediately ascertain the listing price. They compare with a starting price from $44,990 in the US, $36,700 (263,500 yuan) in China, and $53,700 (45,970 euros) in Germany. At the media-only event at the showroom, Tesla displayed two Model Y cars made in China and its supercharger, which it will install at eight different locations in Mumbai and in and around New Delhi, where it is also expected to open its next showroom. 'We are here to create the ecosystem, to invest in the necessary infrastructure, including the charging infrastructure,' Isabel Fan, a regional director at Tesla, said at the launch event. 'We are building from 0 to 100. It will take time to cover the whole country.' Grappling with excess capacity in global factories and declining sales, Tesla has adopted a strategy of selling imported vehicles in India, despite the duties and levies. The US EV maker has long lobbied India for lower import tariffs on cars, and Prime Minister Narendra Modi's officials remain in talks with US President Donald Trump's administration to lower the levies under a bilateral trade deal. Tesla's US factories also do not currently make the right-hand drive vehicles that are used in India. Although India's road infrastructure has improved, traffic discipline – like lane driving – is still rudimentary, EV chargers are far and few and stray animals, including cattle, and potholes on the road are a big hurdle, even in cities. 'In the future, we wish to see R&D and manufacturing done in India, and I am sure at an appropriate stage, Tesla will think about it,' Maharashtra Chief Minister Devendra Fadnavis told reporters outside the new Tesla outlet.
