Current Scenario of Electric Cars in India
As automakers assess the future of electric cars, many of them are starting to work proactively on electric vehicles. In the last two years alone Tata Motors, Hyundai, Morris Garage and Mercedes have launched new electric car models in India, including the Mercedes EQC and the Tata Nexon EV. Private players are not far behind, and Tata Motors is poised to launch its electric vehicle brand in rupees 1.5 lakh onwards.
By 2022, many electric vehicles are expected to enter our market, from affordable entry-level with artificial intelligence models to luxury electric cars from car manufacturers such as Audi and Jaguar. Tata Motors has a brand of electric vehicles of 15 lakh rupees; Mahindra Electric sells the Everito, a car battery operated by Morris Garage and Hyundai sells battery-powered vehicles. There are some vehicles where the anticipation is higher than others.
What about Tesla electric cars?
The US electric cars maker Tesla finally is ready to launch its electric cars in India after years of delays. Nitin Gadkari, Minister of Road and Motorways, announced that the brand will enter the Indian market in early 2022. Tata Motors plans to launch a new electric car, the Tesla Model S.
Karnataka’s Chief Minister B S Yediyurappa recently announced that electric cars maker Tesla will begin production in India in Bangalore in the coming months. Although this is not the first time that a prime minister has announced Tesla’s entry into India, it follows the registration of an Indian subsidiary under the name Tesla India Motor Energy Private Limited in Bangalore last month, which adds weight to the announcement. Tesla will also likely try to build and manufacture locally for other products such as the Model S, Model 3S, and its SUV counterpart, the Model Y.
Tesla completed CEO Elon Musk’s secret master plan in 2016 with the launch of the Model 3, the cheapest and highest-volume electric car that went into production in 2017. Four models are now in production and Tesla is expected to launch its first mass-market offering, the Tesla Model 3.
Tesla was founded by a group of engineers who wanted to prove that people do not need to compromise when driving an electric vehicle and that electric vehicles are better, faster, and more enjoyable to drive than gasoline cars. Today, Tesla is not only building electric vehicles but also scalable products to generate and store clean energy. Given these objectives, it is only fair that the Indian government accelerates the transition to electric vehicles that use fewer non-renewable energy sources and focus on charging batteries.
Tesla will enter India’s car market next year, considering Elon Musk’s eccentric tweet to face value, opening up an important chapter in the history of the electric cars revolution. According to a 2020 study by lubricant manufacturer Castrol, most consumers in India are considering buying electric vehicles by 2022, and some of them believe that the majority of newly purchased cars will not be electric until 2025. Oil-powered cars will become passive because we have cleaner, less noisy electric cars on the roads.
In India, Tesla is paying particular attention to the next-generation batteries of electric vehicles that convert lithium into iron, not lithium-ion. The car will use sophisticated Ziptron propulsion technology and a lithium-ion battery with IP67 certification. Tesla is also building its India headquarters in Mumbai, with a manufacturing base in Karnataka.
The growth of the Indian market has been waiting for a long time for the brand to provide its entry-level Model 3 electric sedan. Unlike in China, the car comes to India via the CKD route and is assembled at the Indian plant, enabling the company to sell it at a competitive price.
Tesla will begin sales in early 2021 and wants to assemble and manufacture vehicles in India, a senior Indian minister told The Indian Express newspaper. In addition, the rest of Tesla’s fleet will gradually exit the Indian car market.
For Tesla to gain a foothold in India, there must be a charging infrastructure. There are fewer than 500 electric vehicle charging stations in the country, and the current demand is 2,600. It would make sense to start entering the Indian car market with the Model 3, as it is its best-selling model.
Famous for the rapid introduction and manufacture of hybrid and electric vehicles, the government had allocated 11,000 rupees over three years to boost local production of electric vehicles and set up charging stations. Experts believe that the Indian car market is one of the fastest-growing segments and could grow by 30% by 2022. India has already tried its electric vehicle strategy at least twice, first with the introduction of the Hybrid Electric Vehicle (HEMI) in 2015 with limited success.
Seven years later, in last year’s budget, 6,693 rupees were allocated to the program. India is seeking to reduce its dependence on oil and pollution, but its efforts to promote electric vehicles have been hampered by a lack of investment in production and infrastructure such as charging stations. Other popular initiatives include the National Electromobility Mission planned for 2020. It is in line with the vision of the government of Atmanirbhar Bharat (independent India) and proposes not only the sale but also the domestic production of electric vehicles. Mahindra Logistics also addressed Kinetics’ offering of environmentally-friendly electric vehicles.
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