NEW DELHI — Tesla is gearing up for an India start, but the U.S. electrical carmaker is most likely to stay a area of interest participant there for years, catering only to the wealthy and affluent in the world’s second-most populous nation.
India’s fledgling electrical motor vehicle (EV) sector accounted for only 5,000 out of a overall 2.four million vehicles sold in the nation past 12 months. A absence of nearby manufacturing of factors and batteries, negligible charging infrastructure and the high charge of EVs imply there have been several takers in the cost-acutely aware sector.
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