Tesla is coming to India in 2021. Tesla, one of the top electric car makers in the world, their cars race with planes and win!. Forget about the earth, these cars have been to outer space! those cars are going to come to India in 2021 and when we heard this news, we were quite excited. Unfortunately, this excitement didn't last for a very long time, because of one reason, MONEY!
There are many car manufacturers but, Tesla is the one making futuristic cars. In the future we will have Self Driving Cars, you just have to open maps, select the destination and done and the car will drive itself, which Tesla is doing today also. The car goes from 0 to 100 in 3 seconds in spite of being electric, not only this the Tesla Model X can pull a Boeing 787 airplane. Because of being an electric car, the cost of petrol or diesel is 0, this means it is environment friendly as well as pocket friendly also.
When Nitin Gadkari said Tesla will start India's operation in 2021 we were naturally very excited.
So the question arises, how much will it cost?
Tesla's Model 3 is its cheapest variant which starts from $ 38,000 in the US which is around 28 lacs in INR. Estimates say that when this car will finally come to India, it will start from Rs 60 lacs in India, which is outside a lot of people's budget.
Why is there such a huge gap between prices abroad and in India? It is because it will be a CBU car which is Completely Built-Up which will be imported from the country of manufacture, such vehicles attract 100% customs duty which instantly doubles the price for the customers. Govt. says to manufacture vehicles in India we will reduce your import duty, In the long run, foreign car manufacturers bring their cars in a knockdown form in India and assemble them here, which leads to job opportunities in India and reduces the price of the vehicle. So the Price is a temporary problem, but the bigger problem is where these cars are made, So these cars are made in China, but why? Elon Musk is a smart man, He thought it is better to start manufacturing units where there is a ready market and there is existing infrastructure and most importantly, where there are Lithium mines, Lithium is the raw material for electric vehicle batteries. China is in 6th place on the list, with an overall lithium reserve estimated at 4.5 million tonnes. Electric car sales in China are growing every year, The Chinese Govt encourages EV sales and infrastructure, China's electric vehicle sales to reach more than 1.3 million units in 2020, The future is electric and China knows this.
India doesn't have much Lithium reserves so, even in the future, we will have to import lithium from one or the other country. But if we can encourage EV sales and infrastructure in India and bring global car manufacturers to the country to make EVs here, then we can compete in manufacturing in the long run. Every new technology has its challenges, The environmental damage is caused while making the batteries for EVs is much more than the damage from making regular cars, This is a fact! Most of our electricity is generated from coal which in itself is a big pollutant.
Electric doesn't mean 100% Green Vehicles, yet they are better than petrol and diesel vehicles. The electric vehicles which are made in 2010 were 2x more efficient than the ICE vehicles, which became 3x more efficient in 2019, and in the upcoming days, EVs will be becoming more efficient with time.
From the point of view of the economy we import crude oil, Naturally, when EVs will increase, the demand for crude oil will also reduce, which means the adoption of electric vehicles could help India to save $300 Billion: Report. And that's the reason why electric vehicles are good news for India. And you know what news is more exciting than Tesla coming to India? Is the Next "Tesla" could be from India!
Big companies like TATA, Mahindra, Ashok Layland are making Electric vehicles. Tata's Nexon EV is not as futuristic as Tesla but it is quite affordable for the Indian market, Ashok Leyland's electric buses can charge batteries in 15 seconds, At the same time, to avoid imports and promote localization, A company from Bengaluru named Log 9 Materials is making Aluminium fuel cells which are 30% cheaper and give a 1000km range as well. This means Tesla along with Indian companies plus other startups is trying to solve problems in the Indian EV market such as Cost, Charge time, Using Chinese Lithium Batteries. Several brands are delivering smart scooters to Indian homes.
Proper policy support is necessary for EVs to thrive. India could achieve high penetration of EV by 2030: Niti Report
The future of India and the world is electric, it's possible that your next vehicle is an electric one.
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