Introduction
A glimmer of hope had finally emerged, with the potential to bring about a slight turning point through the search for external forces. However, this hope was inexplicably betrayed by the other party, all due to the Indian Prime Minister Narendra Modi, who is not particularly well-regarded, stirring up a hornet's nest.
Why is it said that Prime Minister Modi has hit a brick wall?
It was originally under the guise of a noble cause, aiming to develop electric vehicles to achieve a national target of 30% electric vehicle penetration by 2030, and thus vigorously promoting this market segment.
This stimulus attracted foreign automakers to invest and establish factories in India, in order to produce their electric vehicles locally and to avoid the need to sell them in India, which is why such actions were taken.
However, all these positive developments were thwarted by Tesla's backtracking, which is the reason why Modi hit a brick wall. So, what caused Tesla to betray?
The breakthrough in manufacturing.
In 2017, India proposed a plan to expand the share of manufacturing in GDP, increasing it from 16% to 25%.
Advertisement
In 2020, India still did not give up on this area it wanted to promote, not only proposing to become a global leader in mobile phone and automotive manufacturing.
As early as 2016, India had set a goal for 2030 that all means of transportation within the country should be powered by electricity, aiming to raise this proportion to 100%.Continuously preparing for their own goals and formulating corresponding policies, with the aim of attracting domestic and foreign merchants to successfully complete this goal.
In 2017, India had already implemented preferential tax policies to attract merchants to invest and set up factories. In the following years, it introduced multiple cash subsidy policies.
As long as the factory is built within the territory of India and has a certain scale, it can enjoy the corresponding subsidies. In order to drive other vehicles in the country with batteries as soon as possible, there is such an environmental measure.
It is to increase the number of pure electric vehicles to a huge ten million by 2025. At the same time, several foreign companies have also fueled India's support policies, after all, there is no benefit to invest and set up factories in India.
In the development of this wave, a German company called Volkswagen has successively invested and set up factories, and a Japanese car company called Honda also felt the strong momentum of moving forward.
They have invested in factories one after another, and in 2018, the total investment had reached tens of billions of dollars. At the same time, several domestic companies have also pushed their bosses to India to layout in advance.
After years of development, the domestic market is still a red sea, and it is even more difficult to get a share in it, and it is even more eager to find another blue ocean in advance.
Promoting their own products in the domestic market is not as good as seeking new development opportunities in advance. At the same time, our country's NIO car is also taking advantage of this heat to develop the market in India in advance.
Let more people feel their own vehicles in advance, and their best charging piles. Before that, there was already a car company called Motorola that built a production factory.
In the following time, everything was operating as expected until later, there was a problem with Tesla, this "electric car giant".Originally, there was an intention to establish a factory in India, and in 2016, there were discussions about planning to build a production workshop in India as well.
After that, there was no further news about Tesla building a factory in India; it's possible that some matters were interrupted, or perhaps negotiations on other aspects did not reach a consensus.
Tesla's arrival in India was met with a crash.
Previously, India had already conducted a survey of Tesla and hoped to, like our country before Tesla went public, keep the opportunity to establish a factory in India.
For some unknown reason, Tesla seemed to have other plans, interrupting the previous negotiations until 2019 when Tesla's Chairman Musk sent out another message.
India has been promoting the plan to disrupt traditional vehicles with electric vehicles for a long time, hoping that Tesla can join and drive the development of the Indian market, while also allowing Tesla to establish a production workshop in India.
This would be beneficial in breaking the low competition pattern in India's domestic battery management market and would be very advantageous for Tesla to expand its market share in India.
The United States might be considering that there is still our market waiting for them to develop, but it is unclear what the reason is for this financial issue, and both the United States and the car companies affiliated with Tesla are going through the most difficult times.
Therefore, Tesla does not have so much time to build a factory in India, and it is precisely because of various reasons that Tesla has not yet built a production workshop in India.
It is also unknown what the connection is, but in 2021, Tesla suddenly had the intention to build a factory in India again.The United States has been leveraging Tesla's reports to hype for a while, and announced the news of building a factory in India. However, it was just hype without any real action, so in 2021, there was no news about Tesla in India.
But just a few days ago, Tesla once again "backtracked" and removed a series of content related to building a factory in India on its official website. So what is the reason for this?
India has been frightened by our country's huge development, so it started to develop regardless of the consequences, in order to replace domestic gasoline cars with electric vehicles as soon as possible, and started various support policies.
It has also attracted many domestic new energy vehicle companies to go to India to build factories. However, it didn't take long for troubles to arise, among which there is an association called the Indian Association for the Export of Important Mechanical Equipment.
This association has also made a big move, with 9 companies being obstructed from investing and building factories in India. Therefore, Tesla "flopped" in India, which is also related to our country's car companies.
Among these 9 car companies, there are our country's BYD, Shenzhen's BOE, and Ningde Times and other companies. Once this news came out, it can be said that this is India's attempt to control enterprises built within its territory or to threaten our country about the export of electric vehicle technology.
So it is also in order to control the corresponding key technologies of the countries where enterprises are located, and it is nothing more than trying to use this to blackmail other enterprises, to demand more technology from our country. But it is also these behaviors that have shortened India's own roots and isolated itself from other countries around the world.
In this way, it has abandoned the improvement of its own technology and innovation ability, and relied too much on our country's technology. India may finally take the old road that our country has taken before. It is not that it cannot go, but at least it cannot go forever.
Change and sincerity.
It's unnecessary to use a sledgehammer to kill a chicken. The reason why Modi hit a brick wall is that he wanted to control the enterprises invested and produced by our country within India. It is indeed a beautiful dream, but it cannot be realized.Engaging in business activities requires adapting to the trends of the times and not achieving personal gain through improper means. This is not only wrong for India, but Tesla is also somewhat too capricious.
Of course, many people hope that Tesla can become popular in the domestic market, but there are also many opposing voices, especially regarding Tesla's batteries, which are so dependent on our country.
Tesla has imported batteries manufactured in our country, but it is also secretly developing its own batteries. Only by doing so can Tesla solidify its position in our country's market.
However, it is precisely the current technological strength that has given China decisive say in this field. At the same time, our country's development in electric vehicles is also relatively fast, not to mention in batteries.
India can only lead the world by embracing sincerity and a desire for change, and it is believed that many enterprises will be willing to cooperate with them.
In conclusion, India's sincerity in this regard is insufficient. Short-term interests guide its direction, and it cannot break free from the constraints of the rural economy and put in the necessary hard work. This is a tangible truth.