[India] Tesla gets approval for 3 new models

Delivery

By the 13th, it was learned that Tesla, a major US electric vehicle (EV), had obtained sales approval for three models from the Indian Ministry of Roads, Transport and Highways. Following the four models acquired in September this year, it will be a total of seven models. Business Line (electronic version) reported. This was revealed on the ministry's portal site "Bahan". Details of the three models have not been made public. On the other hand, Tesla is strongly urging the Indian government to reduce import tariffs. In India, if the import unit price (CIF = freight and insurance included) exceeds 40,000 US dollars (approximately 4,535,000 yen), the tariff rate is 100%. If it falls below US$40,000, it drops to 60%, but the price range of the sports utility vehicle (SUV) "Model Y" and sedan "Model 3", which accounts for 90% of Tesla's sales, is around US$40,000. . The high tariff rate is believed to be due to the Indian government's desire to encourage EV manufacturers to produce locally. It seems that Tesla will start by importing products first, and then build factories after seeing market conditions.