The US electric vehicle giant, Tesla, started rolling out advanced self-driving feature cars in China after clearing regulatory hurdles. It is a success for the company, which caters to the world’s largest automobile industry.
According to a report published in The Times of India, the company corroborated on its WeChat page that a software update would moderately enable “automatic autopilot-assisted driving on roads.”
Tesla came with an update for drivers with its rearview mirror function, designed to check whether the drivers are paying attention.
These features keep the vehicle in the “full self-driving” category in the United States. However, the car needs the supervision of drivers because the technology does not place it in the rank of fully autonomous.
A report by CLSA, a global capital market company, suggested that Tesla is soon planning to enter India, even after the reduction in the import duty to below 20 per cent, the cheapest car of Tesla will cost around Rs 35 to 40 lakh.
The report highlighted that currently, Tesla’s cheapest Model 3 in the U.S. costs around USD 35,000 (approx. Rs 30.4 lakh) at the factory level. With an expected reduction in import duties to 15-20 per cent in India, along with additional costs such as road tax and insurance, the on-road price would still be around USD 40,000, or approximately Rs 35-40 lakh.
It said “The cheapest Model 3 for Tesla in the US is c.USD35k. With tariff lowered to c.15- 20 per cent in India, along with road tax, insurance and other costs, on-road price would be c.USD40k, which is close to Rs3.5-4m”.
