Tesla picks showroom sites in New Delhi, Mumbai to start India sales: Reuters

Tesla picks showroom sites in New Delhi, Mumbai to start India sales: Reuters


Tesla signage is seen at a Tesla showroom on July 05, 2024 in New York City. 

Michael M. Santiago | Getty Images

Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in the country, Reuters sources familiar with the matter said.

The U.S. carmaker has been hunting for showroom space in India since late last year in order to start sales in the world’s third biggest auto market, after putting market entry plans on hold in 2022.

Indian Prime Minister Narendra Modi met Tesla CEO Elon Musk in the United States last week and discussed issues including space, mobility and technology.

Tesla has selected space to lease in the Aerocity area near New Delhi’s international airport for a showroom, said two people familiar with the discussions, who declined to be named as the matter is private.

The Aerocity area boasts hotels, retail outlets and offices of global corporations.

In Mumbai, the carmaker has chosen space in the business and retail hub of Bandra Kurla Complex near the city’s airport, the first person said. Both the Delhi and Mumbai showrooms will be around 5,000 square feet (464.52 square metres) in size, the source said.

Opening dates for the outlets have not yet been decided, but Tesla plans “to sell imported EVs in India … these deals are for showrooms, not service centres,” the first person said, adding that Tesla will operate the outlets.

Tesla did not immediately respond to a request for comment.

The company also posted job ads this week for 13 mid-level roles in India, including some store and customer relationship managers.

Musk has long criticised India for having high import tariffs of around 100% on EVs. Tesla has repeatedly lobbied to relax them but has faced opposition from local automakers who think Tesla’s entry could hit their EV plans.

U.S. President Donald Trump last week called out India’s high duty on cars, but agreed with Modi to work towards an early trade deal and resolve their standoff over tariffs.



Source

Toyota promotes finance chief Kenta Kon as CEO in second leadership change in 3 years
World

Toyota promotes finance chief Kenta Kon as CEO in second leadership change in 3 years

A Toyota dealership is seen on November 19, 2025 in Austin, Texas. Brandon Bell | Getty Images Toyota Motor announced Friday that Chief Executive Officer Koji Sato will step down and be replaced by its Chief Financial Officer, Kenta Kon, marking the automaker’s second CEO transition in three years. The leadership shakeup will take effect […]

Read More
Stellantis to take  billion hit overhauling its business after ‘over-estimating the pace of the energy transition’
World

Stellantis to take $26 billion hit overhauling its business after ‘over-estimating the pace of the energy transition’

Automaker Stellantis said on Friday it expects to take a roughly 22-billion-euro ($26 billion) hit as it overhauls its business to accelerate the rollout of electric and hybrid vehicles. The Jeep maker also pre-released some figures for the fourth quarter, saying it anticipates a net loss for 2025. In recognition of that net loss, it […]

Read More
Japan’s Takaichi eyes decisive mandate as polls point to snap election landslide
World

Japan’s Takaichi eyes decisive mandate as polls point to snap election landslide

Sanae Takaichi, Japan’s prime minister and president of the Liberal Democratic Party (LDP), speaks at an LDP election rally in Kawagoe, Saitama Prefecture, Japan, on Tuesday, Feb. 3, 2026. Traders are bracing for increased volatility as the Feb. 8 lower house election approaches. Photographer: Soichiro Koriyama/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images […]

Read More