Ola’s Bhavish Aggarwal has a message for Tesla’s Elon Musk: Check here


Ola Electric CEO Bhavish Aggarwal has said granting special privileges to Tesla for the sale of its electric vehicles in India is not in the company’s best interest, especially as the government is working to the development of the electric vehicle ecosystem. Also read – Elon Musk threatened Tesla employees to work from their desks. Now the office does not have enough seats.

“Tesla is free to come here and sell its cars,” Aggarwal said in a statement to the Financial Times. “They just want to be treated differently from others, which I don’t think is in India’s interest,” he added. Also Read – Ola Shuts Down Used Car Company Ola Cars and Ends Fast Trading Platform Ola Dash

Tesla at an impasse in India

Elon Musk’s Tesla has been keen to enter the Indian market. However, one of the main demands of the company has been a reduction in import duties, which go up to 100% for electric vehicles that cost more than $40,000 (Rs 31,60,560 approx). Tesla says the import duty would make India its most expensive market, putting the car out of reach for most Indian consumers. In the past, the company has repeatedly called on the Indian government to standardize the tax on all electric vehicles at 40%. Read also – This electric vehicle company has a message for Elon Musk

The government, for its part, has refused to grant concessions to the maker of electric vehicles. Instead, he responded to Tesla’s demands by pushing the company to commit to establishing a manufacturing plant in India before granting it incentives that would ultimately lower the prices of the company’s electric vehicles in India. .

Union Minister Nitin Gadkari in May this year reiterated the government’s willingness to invite the company to manufacture its electric vehicles in India. “If Tesla decides to manufacture cars in India, it will also reap benefits,” said the Minister of Road Transport and Highways at the time.

Shortly after, Musk, responding to a tweet about his company establishing a factory in India, said that Tesla would not manufacture its cars in India unless it was allowed to sell its cars first.

Then last month a key Tesla executive in India, Manuj Khurana, who was hired in 2021 as the company’s head of policy and business development, reportedly left the company after blocking his plans to join. entry into the Indian electric vehicle market.

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