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Tesla's India entry may not disrupt PV market in near term
The New Indian Express Tiruchy
|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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The New Indian Express Tiruchy'den DAHA FAZLA HİKAYE
The New Indian Express Tiruchy
K-point in India, Canada NSA talks
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FCRA case: SC bins centre's plea against licence renewal
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Singer Zubeen Garg dies in Singapore following scuba diving accident
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Four years after child’s suicide, uncle gets 35 yrs for raping her
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1 min
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Sebi clean chit to Adani on Hindenburg allegations
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Cop drives on as 40-yr-old clings on to car, suspended
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1 min
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SIX STILL MISSING, 2 DEAD AS RAIN BATTERS UTTARAKHAND
TWO people were killed, five rescued alive while six people are missing as landslides and flooding triggered by heavy rain flattened more than 40 houses in four villages of Uttarakhand’s Chamoli district on Thursday.
1 min
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HC orders mop-up counselling for NEET-SS seats
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Fresh Rahul-CEC sparring on ‘vote theft’ in Karnataka
IN yet another exposé on ‘vote theft’, Congress leader Rahul Gandhi on Thursday claimed large-scale irregularities in Karnataka’s Aland constituency, accusing Chief Election Commissioner (CEC) Gyanesh Kumar of ‘protecting those murdering democracy’.
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