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Sour Grapes? China Believes Tesla’s Indian Business Will Fail

Sour Grapes? China Believes Tesla's Indian Business Will Fail

China is not a fan of Elon Musk, the CEO of Tesla, who wants to establish electric vehicle manufacturing in India. Later this month, Musk is scheduled to visit India to meet with Prime Minister Narendra Modi. Plans for a Tesla plant are anticipated to be revealed at that time.

Musk and the Indian government have been negotiating for a while. India asked him to manufacture automobiles there, but he opted to import vehicles at a cheaper duty. Yet, China is not fond of Tesla’s anticipated arrival in India. The Global Times, which is seen as a representative for the Chinese government, has cursed India’s bold move to accept Tesla, saying it would fail since the Indian market is still too young and woefully unprepared.

The gloomy assessment fails to mention that the Indian government has previously refused to let many large Chinese EV manufacturers produce EVs in India despite their expressed enthusiasm for doing so.


Conclusion

The supply chain is one of the challenges mentioned in the essay. “Limited local manufacture of essential components, such as lithium-ion batteries for electric vehicles, is one of the main problems. It states that India is attempting to establish an indigenous EV supply chain comparatively late.

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