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Tesla's India entry may not disrupt PV market in near term
The New Indian Express Kollam
|July 17, 2025
Tesla's entry into the Indian market is unlikely to disrupt the existing electric passenger vehicle (PV) segment in the near term, but the US automaker has strong potential to emerge as a key player in the coming years.
"While the premium EV segment remains niche, it is growing rapidly, driven by India's rising millionaire population and their appetite for high-tech vehicles," said Puneet Gupta, director of India & ASEAN auto market at S&P Global Mobility.
Industry data shows luxury EV sales surged 66% year-on-year between January and May 2025. These vehicles account for 11% of total luxury car sales, up from 7% in the same period last year.
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MÁS HISTORIAS DE The New Indian Express Kollam
The New Indian Express Kollam
'United' MahaYuti to contest BMC polls
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The New Indian Express Kollam
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'India conceals, Trump reveals,' says Cong on US Prez's Russian oil claims
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1 min
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The New Indian Express Kollam
BIHAR LEADERS FACE YOUTH TEST
WITH the Bihar election campaign gaining steam, the spotlight is increasingly focused on three key factors—the caste calculus, alliance chemistry and women’s vote—that past elections have highlighted.
3 mins
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The New Indian Express Kollam
EC initiates talks with states for nationwide SIR rollout
THE Election Commission of India (ECI) on Wednesday began a two-day meeting with Chief Electoral Officers (CEOs) from all the states and the Union Territories (UTs) to review preparations for the nationwide Special Intensive Revision (SIR) of electoral rolls.
1 mins
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The New Indian Express Kollam
Coach Srinath backs Praggnanandhaa, Erigaisi at chess World Cup
GRANDMASTER Srinath Narayanan, who was the coach of the India team that won gold at the 2024 Chess Olympiad, felt both R Praggnanandhaa and Arjun Erigaisi would have a great chance to lift the title.
1 mins
October 23, 2025
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