Tesla: It has been launched in markets outside the US and China will enter India this year.

Tesla's electric vehicles have been sold in markets outside the US such as China, but have not yet entered India. Recently, Tesla CEO Musk revealed that electric vehicles may enter the Indian market this year.

According to a number of foreign technology media reports, on February 7, when Musk answered a user's question on Twitter, he made this statement. He said: "I hope to be able to enter the Indian market this summer."

Musk's answer was very simple and did not mention Tesla's detailed plan to enter the Indian market.

India is the second largest populous country in the world and a huge potential market for electric vehicles, but so far there has been no intersection between Tesla and the Indian market. Previously, Indian government officials visited the headquarters of Tesla, California, and Indian officials said they hope Tesla can establish a joint venture with traditional Indian car manufacturers to produce electric vehicles.

Tesla: It has been sold in markets outside the US and China. It will enter India this year.

The Indian government also said it is willing to provide Tesla with land to set up a large electric vehicle manufacturing base in India.

Musk began to pay attention to the Indian market, which is not unexpected. The annual size of the Indian car market has climbed to $74 billion. At the current rate of growth, India will become the world's third largest auto market by the end of the fiscal year.

The Indian government has also developed a plan for the development of new energy vehicles. By 2030, all Indian cars will be electric vehicles.

India has a large population, but its purchasing power is not strong. According to media analysis, Tesla's economical electric vehicle Model 3, which was released last year, is expected to become a hot-selling model in the Indian market. Previously, the car had already started booking in the US and other markets, and Tesla received an order of 400,000.

However, Tesla's car production capacity is very limited. At present, Musk's biggest problem is still to raise enough funds to build the Model 3 car production line. Previously, Tesla had been busy building a lithium battery plant for vehicles in Nevada, USA, which will also lay the foundation for the mass production of Model 3.

Tesla electric vehicles will face many problems when they are sold in the Indian market. First, the Indian government imposes a high tariff of up to 100% on imported cars. The few models that Tesla currently sells are at the high end in the European and American markets. The price of tariffs in India will be very alarming and the market space is extremely limited.

Last year, Musk disclosed on Twitter that he and the visiting Indian Prime Minister Modi discussed the lithium battery of electric vehicles instead of the whole vehicle. This indicates that Tesla may first cooperate with Indian companies on batteries.

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