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The Diplomat

As New Players Upend the EV Market, Indians Want Their Money Back for Undelivered Teslas

The Diplomat
Summary
Nutrition label

69% Informative

India is the world’s third -largest auto market after China and the United States .

The average price of cars sold in India in 2023 was $ 14,000 , compared with $ 47,000 in the U.S. An American can buy a new Tesla 3 for about $40,000 . That's the price of a luxury car in India .

Many in India , a relatively small and crowded EV market, are skeptical about EVs.

India says it does not restrict imports of Chinese EVs.

But ties between China and India deteriorated after a military clash in July 2020 .

Even if Tesla were to sell cars in India after agreeing to build a factory within three years , most imported Teslas would sell for luxury cars.

VR Score

76

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78

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formal

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English

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44

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short-lived

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