While it has not been a long time since we have had Electric vehicles (EVs) in our market, we are still able to define segments for all the EVs that we currently have in India. There are different ways to define segments for EVs, but we will consider the most important aspect, which decides which car to for by the customers, the price. Now we understand that the battery pack, charging times, type of charging and range are also extremely important, but to start with people will have to consider the price point at which they are able to buy an EV. So we’ll divide the segments according to prices and also deduce where the upcoming Tesla Model 3 fits in.
Also read: All the models in the fleet of Tesla – Which one will make it to India?
Electric Vehicle segment under Rs 25 lakh
This is undoubtedly the most popular and volume-intensive segment in India because of the accessibility and affordability. It may not be affordable in the traditional sense, but when it comes to the EV market,…