Recently, according to foreign media reports, Tesla may throw 14.2 billion yuan in India!
It is reported that in order to promote this cooperation, the Indian government lower its posture and reduce tariffs. It is better to make less to make less. It is also sincere.
However, some people have proposed that this is not the case. Once Tesla enters India, it will face the risk of being harvested.What is going on?Let’s find out!
Electric car frustration
In recent years, with the continuous improvement of global environmental awareness, new energy has become a hot topic of discussion.Compared with traditional unreal energy sources, the advantages of new energy are particularly obvious.Therefore, the development of new energy has become an important strategic goal of various countries.
Faced with such fierce competition, India, which has always been self -proclaimed in South Asian countries, has not been willing to fall in person. Since Modi is in power, it has opened a strong new energy development plan.In this plan, the promotion of electric vehicles is quite eye -catching.
The Indian government is ambitious, trying to develop electric vehicles and compete for the right to speak.To this end, the Indian government has set a magnificent goal to announce that it will achieve 100%electrification in 2030.However, from the current situation, this is just the wishful thinking of the Indian government.
Nowadays, the development of Indian electric vehicles has fallen into a very embarrassing situation, and the prospect is not optimistic.
In simple terms, consumers do not buy it at all, and the penetration rate of electric vehicles is always difficult to rise.
Data can often explain the problem most intuitive. In 2021, the total amount of electric vehicles sold in India is less than 5,000.According to the statistics of the Indian Electronics Daily, India, which is a large population country, has exceeded 3 million electric vehicles this year, and the gap between the two is self -evident.
But ironic is that the poor sales of India set a historical record and became the best results in four years.It turned out that in 2020, Indian electric vehicles had faced a serious sales crisisJaipur Investment. In just one year, sales plummeted by 5%, which was tantamount to worsening.
In order to save the downturn’s electric vehicle market, the Indian government can be described as racking their brains and enrollment, and a series of preferential car purchase policies have been introduced.For example, the loan interest rate for buying electric vehicles is not only very low, but also get an additional charging subsidy.However, relying on how the government works hard, electric cars cannot be sold, and the market share is hovering around 1%all year round.
Whether it is ordinary consumers with limited budgets or a rich and rich class, it seems that they are not interested in electric vehicles.The previous words of the Indian government have become a complete joke.
In order to find a step in itself, the Indian government even amended its goals and proposed that by the end of 2030, as long as 30%of private cars are electrified, it will be a breakthrough.It can be seen that the true development of Indian electric vehicles should be far lower than government expectations.
Since it is impossible to rise with its own strength, it is better to use external forces to inject a dose of strong needle into the entire Indian electric vehicle industry.As a result, the Indian government turned to foreign new energy vehicle companies.Among them, the most favored by the Indian government is non -Teslamo.
In fact, India’s idea is very simple. Tesla is the world’s most influential new energy vehicle company. It is well received by consumers. The brand value is self -evident.Tesla’s presence will inevitably set off an unprecedented wave in the Indian automotive market, leading the new consumer style, and prompting the sales of electric vehicles to rise.
Not only that, once Tesla comes to India, India’s new energy vehicle manufacturing industry can also go to the next level and be in line with international standards, which coincides with India’s desire to become a "big country".It can be seen that for the Indian government, there are many benefits of this cooperation and will be bright in the future.
So the Indian government contacted Musk and threw olive branches to Tesla.However, in the face of India’s enthusiastic invitations, Musk has his own concerns, which is the problem of tariffs that cannot be treated.
Speaking of India’s tariffs, it is really only described as the word "strange".
Affected by tariffs, India is comparable to the hell of foreign car companies.In 2021, the government divided imported cars into two grades with a boundary of $ 40,000.The law stipulates that the tariff amount below 40,000 vehicles is about 60%, and more than 40,000 cars will impose 100%tariffs!
In April of this year, the Indian government further raised tariffs and raised the original 60%to 70%, which further deteriorated the foreign trade environment.You know, India not only levies high tariffs to the entire vehicle, but even semi -finished cars that have not yet been assembled can not escape, the tax amount once reached 35%.
In this regard, the Indian government has a word, claiming that this is the helpless move to protect the local car brands.However, it is clear that the Indian government’s high tariff policy has seriously disrupted the automotive market and has a strong tendency to trade protectionism.Car companies in various countries protested, asking India to reduce tariffs, Tesla is the most loud one.
If it follows India’s tariff policy, Tesla will inevitably lose money, because Tesla’s main models sell for more than $ 40,000, and each vehicle will be levied 100%of tariffs.In order to lobby the Indian government, Musk even ended in person and repeatedly shouted to the Indian government on social platforms, hoping that the government would implement at least a temporary tax reduction policy.
However, the Indian government did not advance in oil and salt, and his attitude has always been very tough.The person in charge of India’s Heavy Industry Department has clearly stated that the proposal of tax cutting is not within the scope of the Indian government.
In this way, the Indian government and Tesla have launched a long period of pull, and the conditions have always been unable to talk, and Tesla’s entering India is far away.Just when people think that when the pull is not the case, things suddenly turned.
Recently, a number of foreign media released inside information, saying that the Indian government has reached private cooperation with Tesla.The Indian government agreed to make concessions in exchange for Tesla’s huge investment.
If it is not surprising, from next year, Tesla will enter the Indian market with 12,000 electric vehicles. For the support, the Indian government will levy only 15%of tariffs.In return, Tesla needs to establish factories in India for a time limit for two years.If Tesla has increased its investment, the Indian government’s tax reduction policy will also expand the scope accordingly.
As soon as the news came out, it suddenly aroused heated discussion among all parties.Tesla was proud of it, thinking that he "surrendered" the Indian government and won the greatest interest for enterprises.
So, is this true?
On the surface, Tesla seems to have the upper hand, but in fact, the situation may be the opposite. From the perspective of the Indian government, Tesla is the lamb to be slaughtered.
In fact, this game and pull that lasted for several years is not the wishful thinking of the Indian government.As an ambitious global company, India actually has extraordinary attraction to Tesla.
India has a large population and a wide market. It is an unsally -developed treasure and has a huge potential.The Indian Energy Storage Alliance has released a forecast report, stating in the report that in 2026, the Indian electric vehicle industry may have achieved historic breakthroughs, and the annual growth rate is hoped to soar to 36%.In the face of such attractive benefits, Tesla is naturally excited.
Therefore, since 2016, Tesla has stunned his palms and made adequate preparations for the development of the Indian market.It can be seen that the cooperation agreement with the Indian government this time is by no means a temporary intention, but after careful consideration, it is the phased results of the past few years.
However, many people judged that Tesla’s grand plans to occupy the Indian market are likely to end in failure.Once you enter the Indian site, Tesla will become the object of harvesting.
This judgment is not deliberately "splashing cold water" for Tesla, but a reasonable speculation based on reality.When Tesla enters India, he may face two major problems.
First, the Indian government’s credibility is worrying and there is a certain risk.
Earlier, many smartphone companies in India fell fiercely and were put on a rush by the Indian government.In India, Indian smart phones are sought after and occupy a lot of markets.Seeing that Indian mobile phone companies have developed better and better, the Indian government is jealous and suddenly became difficult, and the spearhead was aimed at Xiaomi.
The Indian Law Enforcement Bureau claimed that Xiaomi violated Indian law and used illegal means to transfer wealth, and then frozen some of Xiaomi’s assets, with a total of 4.8 billion yuan, accounting for more than 50 % of Xiaomi’s net profit of 2022.
Not only that, in June of this year, the Indian government also convened a group of Indian smartphone companies to tough these companies to give up executive positions to ensure that Indian employees can enter the company’s decision -making level, which is absurd.
As long as Tesla’s factory is completed in India, it is possible to face the same difficulty.The Indian government may use various policies to set up limits for Tesla.At that time, whether Tesla can bring profit out of India is still unknown.
Second, the Indian market may be much more complicated than bikella. Even if there is a low tariff blessing, there is a lot of difficulty to develop.Hyderabad Stocks
There are many reasons for electric vehicles to be cold in India, and some of them have already exceeded Tesla’s solution.For example, India’s lack of charging facilities has hindered the promotion of electric vehicles.In 2022, there were 940,000 electric vehicles in India, and the total number of charging piles had just exceeded 1,000.
In addition, the distribution of these charging piles is unevenly distributed, and the number of charging piles in Rajasthan stakes is 12 times less than New Delhi.The charging pile is an infrastructure and is closely related to the government.
Even if it is a strong car company, it is difficult to cross the government and promote the overall construction of charging piles.The Indian government’s strength in infrastructure is also anxious.
It can be seen that Tesla enters India and is likely to eventually make a wedding dress for others.This is destined to be a journey that coexist in opportunities and challenges. The pull between Tesla and the Indian government is still continuing. What will we wait and see in the future.
References: 1. Tian Wei. India’s economic outlook and new energy market analysis [J]. Hydropower and new energy, 2018,32 (12): 73-75.2, Kim Li Ping.Effectiveness and constraint [J]. South Asia Research, 2018
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