India has had an on-and-off rocky history with foreign investment (e.g. Vodafone's retroactive tax). The strained relationship with China elevates risk to another level (e.g. Xiaomi). If the U.S. is low on the risk-adjusted priority for Chinese automakers and supply chain, then India might be right there with it. It will be interesting to see how both sides manage through this.
India's car market (especially factoring in growth) that you can put in place a reciprocal market access agreement. This would not work with China-Japan or China-Korea, both of which do not have large domestic markets relative to domestic manufacturing capacity.
1) While India has a big automotive market that is only to get bigger, I don't think Tesla can have the same experience in China as India, simply because they are not likely to sell as many cars in India perhaps.
2) The JSW group partnership is interesting, but they don't really have a background in the industry. They are a prominent group, but not much background.
India has had an on-and-off rocky history with foreign investment (e.g. Vodafone's retroactive tax). The strained relationship with China elevates risk to another level (e.g. Xiaomi). If the U.S. is low on the risk-adjusted priority for Chinese automakers and supply chain, then India might be right there with it. It will be interesting to see how both sides manage through this.
India's car market (especially factoring in growth) that you can put in place a reciprocal market access agreement. This would not work with China-Japan or China-Korea, both of which do not have large domestic markets relative to domestic manufacturing capacity.
Hey. great points. Only two things:
1) While India has a big automotive market that is only to get bigger, I don't think Tesla can have the same experience in China as India, simply because they are not likely to sell as many cars in India perhaps.
2) The JSW group partnership is interesting, but they don't really have a background in the industry. They are a prominent group, but not much background.