beijingwalker
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Why does Musk prefer to import from China instead of building a factory in India?
Because he saw first hand
View attachment 874396
Indian government robs foreign investments. Its credit has bankrupted. Don't not invest in India. Too risky.
I’d assume China or local companies are also investing significantly into the EV infrastructure (charging stations) and there is a large number of potential customers (at the Tesla price point) in China compared to India.Musk is not a fool.
India's EV market is rickshaw based, Tesla doesn't produce this productI’d assume China or local companies are also investing significantly into the EV infrastructure (charging stations) and there is a large number of potential customers (at the Tesla price point) in China compared to India.
Precisely. Before Tesla would be willing to enter the market there there has to be a large enough EV sedan/SUV market for them to be willing to enter. There is also the issue of manufacturing in India. Tesla was willing to sell Chinese made Teslas in India but India wanted local production. Not worth it for Tesla especially considering the upfront cost of build and operating a factory and training a workforce. It would be worse then the problems Tesla faced with its Fremont California plant with their local politicians.India's EV market is rickshaw based, Tesla doesn't produce this product
India's EV Boom Is Built On Mopeds And Rickshaws. Not Teslas - Forbes India
In the United States, luxury-car buyers are snapping up Teslas and other electric cars that cost more than $60,000, and even relatively cheap models cost more than $25,000. In India, those are all out of reach of the vast majority of families but an electric vehicle movement is taking place...www.forbesindia.com
China is way more cars but not as conjested, you don't build infras so it's yourself or government to blame, not cars.India should have 95% less cars than they have now, nit more. Cities are too conjested to drive over 2kmph so what's the point? Every idiot seems own a small ugly box on wheels and somehow it is how they know they have arrived ?
It's worse, it is the idiotic attitude. Everybody wants to buy a car come what may. The cars look ugly, uncomfortable, can't be driven at any speed, pollute, gas is expensive, ridiculous waste of import dollars, and even waste very precious urban space to park.China is way more cars but not as conjested, you don't build infras so it's yourself or government to blame, not cars.
These are the 10 most congested cities in the world