Electric Vehicles This Week: Tesla's India Challenge, Delhi Govt's Plan & More
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India, Nov. 12 -- Last month, Tesla CEO Elon Musk confirmed that electric vehicles (EV) brand Tesla will be making an entry in India by 2021. For this, the company is also currently in talks with Karnataka and Maharashtra to zero down on a location for its research and development (R&D) centre.
The company is an undisputed market leader in the EV segment across the world, and had clocked annual worldwide sales of 1 Mn vehicles till October 2020. The company plans to hit 20 Mn vehicle sales by 2030. At the time of releasing Tesla's third-quarter earnings, Musk said, "I'm not saying for sure we'll hit 20 Mn vehicles. But it does seem like a good goal to have because that would mean that we're replacing 1% of the global fleet per year."
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