Tesla’s India Entry: $2 Billion Deal With Tata Partnership, Here's Details

The deal

[{"selector":"#anim-75934200-d7d7-43ff-a1e7-6573ddee4ebb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.109374739741349%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-eb80046c-51b2-4cf1-85af-01c8e89dd90f","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fb9941c5-993f-484f-93c4-05e7dc4949fd","keyframes":{"transform":["rotate(-43deg) translate3d(0px, 59.70118%, 0) rotate(43deg)","rotate(-43deg) translate3d(0px, 0px, 0) rotate(43deg)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1f172682-126d-4978-b0ed-41cb398226e0","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7bbd298b-8822-4405-8b5b-5eb0cf985a04","keyframes":{"transform":["translate3d(0px, 145.75164%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-84ae8a80-c7bf-4e20-a64c-ce8cff1104fc","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62d76993-d3e1-4639-ae14-6bde8daf8124","keyframes":{"transform":["translate3d(0px, 392.64951%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c438b573-610c-4328-a463-a5b9f40a5047","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3e976e14-0a35-46e9-b5b7-f3dfad320468","keyframes":{"transform":["translate3d(0px, 7107.36239%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-80afedc7-7bad-4f22-a464-d3c2b6e1da12","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b0ac4fc5-3732-47e5-95f2-f822820c22dd","keyframes":{"transform":["translate3d(-150.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tesla bought components worth about $2 billion from Indian suppliers in FY24. This is part of Tesla's strategy to reduc e its dependence on China.

Tata's role

[{"selector":"#anim-310ad079-e201-4280-9b0f-19b2a71d066c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.109374739741349%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-394343cf-937d-443e-a0ff-e07588306037","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91133794-0fc0-4ab1-9252-943cb140044d","keyframes":{"transform":["rotate(-43deg) translate3d(0px, 59.70118%, 0) rotate(43deg)","rotate(-43deg) translate3d(0px, 0px, 0) rotate(43deg)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1f6189bb-352d-4e18-8649-81337c213d7e","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d79db986-9298-49aa-a673-859165399ea9","keyframes":{"transform":["translate3d(0px, 148.69282%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5fd73265-087f-435d-8fa7-07fda373b14f","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-15023ea0-8c42-42ab-acba-cdf5b9992fd9","keyframes":{"transform":["translate3d(0px, 392.64951%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae255ce5-3760-49d1-b7e6-863836057535","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cfeb28a4-3062-41dc-af9f-67976c97f875","keyframes":{"transform":["translate3d(0px, 7107.36239%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2586296f-d8b5-4aaf-9ab9-c564e7a2c540","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0df78fa2-59ec-4e67-939c-ab416b54263e","keyframes":{"transform":["translate3d(-150.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tata Autocomp is supplying EV components, while TCS is helping with circuit board technology. Tata Electronics is set t o supply chips.

Shift from China

[{"selector":"#anim-b2c90689-23d1-41ba-a1b7-5bc343af504c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-3.552713678800501e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-af84a53e-e255-45e6-bf33-66e0b9711f87","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c4a0c06f-0044-475f-bd82-2bcc973f7634","keyframes":{"transform":["rotate(-43deg) translate3d(0px, 59.70118%, 0) rotate(43deg)","rotate(-43deg) translate3d(0px, 0px, 0) rotate(43deg)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-45ee708e-a2c8-4696-ac3f-2eb6929d6507","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-32bba5e2-6175-43ca-a7f2-47428dbb5877","keyframes":{"transform":["translate3d(0px, 121.60873%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-332ddcec-d95f-4373-b2f6-de45739bb22b","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91c7342c-feb0-4787-a320-8d3a7eccc487","keyframes":{"transform":["translate3d(0px, 392.64951%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-95f1d9c2-858c-487c-bc9d-038f0a9a58b7","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1cde91ef-0714-4f94-98b4-114bb94e51ec","keyframes":{"transform":["translate3d(0px, 7107.36239%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-746e49d9-d10f-41c8-bae5-b89a7b5eafd4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b3d06f7d-f930-4058-81b1-6ea708f8e6b3","keyframes":{"transform":["translate3d(-150.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] After Covid-19, Tesla has reduced its dependence on China and Taiwan. India has been made the major source of wiring harnesses, electric motors and battery management units.

Indian companies

[{"selector":"#anim-795fcf1c-3e72-4afc-9bbe-dc12a7207c43 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.109374739741349%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] [{"selector":"#anim-a521333d-6ad8-4b7b-a074-7d0b5db1297e","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2970a626-58ac-4ca0-bb22-a80d27ab343a","keyframes":{"transform":["rotate(-43deg) translate3d(0px, 59.70118%, 0) rotate(43deg)","rotate(-43deg) translate3d(0px, 0px, 0) rotate(43deg)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c73bee1-ba9a-49c3-ab10-ceae9554a3dc","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9dcfef1f-870d-41b3-844c-9528ec236dc9","keyframes":{"transform":["translate3d(0px, 145.75164%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-340d0150-bb55-4711-b596-56986e22307c","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8b8aad5d-7dc2-444b-997e-a8975fac6257","keyframes":{"transform":["translate3d(0px, 392.64951%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc9be9cd-9639-43fd-8169-477e32a38716","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bbe4d32f-d675-4855-b220-2d0886e24907","keyframes":{"transform":["translate3d(0px, 7107.36239%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b841e334-c51d-4652-8463-b5c6f593e75a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b435ac0f-5ec7-48bf-9324-46edaee68f18","keyframes":{"transform":["translate3d(-150.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tesla is now sourcing components from more than a dozen companies in India, including Sona BLW, Bharat Forge and Sandha r Technologies.

Manufacturing in India

[{"selector":"#anim-943a7bb1-35e6-4761-b727-c93f6d498520 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.109374739741349%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ccc03318-317c-4f29-a489-cee9bb37fb5f","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-63cc97aa-44a9-40d0-a964-e77fb06300b6","keyframes":{"transform":["rotate(-43deg) translate3d(0px, 59.70118%, 0) rotate(43deg)","rotate(-43deg) translate3d(0px, 0px, 0) rotate(43deg)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-61685010-f997-4bd1-ba19-9b9ee27a300c","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ef0e13d1-6a18-4a47-a0de-d0164c25efbe","keyframes":{"transform":["translate3d(0px, 145.75164%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6e11a0b0-9f85-4b12-8cf3-8e2f1990f9a9","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bb3bd327-21db-4812-a8f2-e0141f80b430","keyframes":{"transform":["translate3d(0px, 392.64951%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3039d383-1562-4fb1-8cad-3558889b0d45","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eb7d2144-fc9b-4dbc-9c6f-9a629c278eed","keyframes":{"transform":["translate3d(0px, 7107.36239%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ea458e78-8f09-4f48-ba1a-01398f7704f6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab2b906a-9ab4-4e64-ba2e-b38490ca941d","keyframes":{"transform":["translate3d(-150.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tesla plans to set up manufacturing units in Rajasthan, Gujarat, Tamil Nadu and Maharashtra. Government incentives are the main attraction.

EV market

[{"selector":"#anim-0796ed6d-fccb-4489-afde-2de0a85cd56c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.109374739741349%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-33a4a0a7-9f58-4df1-97a9-5391a035471b","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f46693e2-1c4c-4ae3-9508-688a0239ea75","keyframes":{"transform":["rotate(-43deg) translate3d(0px, 59.70118%, 0) rotate(43deg)","rotate(-43deg) translate3d(0px, 0px, 0) rotate(43deg)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-26dcebff-7904-4ef6-9883-bcea56fa728f","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e88050fe-fdd4-4278-a1ff-15331ba048aa","keyframes":{"transform":["translate3d(0px, 145.75164%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-66064114-6475-477d-b998-223b34ae18a1","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-63e7170f-1e96-40fd-a8f3-0052f1f8fb57","keyframes":{"transform":["translate3d(0px, 392.64951%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4f2baa1b-7fc0-423c-962a-4fd2b2455253","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7baf70a7-ff59-40bf-aa21-3b28b016cdb2","keyframes":{"transform":["translate3d(0px, 7107.36239%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c95ae70c-03da-4d24-b98c-639f89d6dad6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f64f67e8-cb11-4471-979f-bc69ee6505db","keyframes":{"transform":["translate3d(-150.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tesla's entry into India could make the EV market competitive. Challenges for companies like Tata Motors may increase.

Competition

[{"selector":"#anim-2118934a-187f-444f-a322-5588263d56e9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(1.4786684309731832%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-f17defb7-51a6-4ed5-a58c-82ec3938abd0","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-de99ecfe-d801-4656-8c8e-fc96fad547a3","keyframes":{"transform":["rotate(-43deg) translate3d(0px, 59.70118%, 0) rotate(43deg)","rotate(-43deg) translate3d(0px, 0px, 0) rotate(43deg)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5df82464-a040-442b-a6b4-1667312a4f18","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-849e16c4-af4b-445f-890c-163bdf17296d","keyframes":{"transform":["translate3d(0px, 180.20203%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-92d458e7-4e0f-404d-afb8-4d14c0f21a72","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-16e996d4-f458-4fa8-9efc-d018b41f0391","keyframes":{"transform":["translate3d(0px, 762.41798%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a36974bd-3369-408f-90b1-a79153b38fb7","keyframes":{"opacity":[0,1]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0f82da33-2dca-4921-86d2-57f3f685d0ad","keyframes":{"transform":["translate3d(0px, 7107.36239%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":3500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3582fa24-154f-4a77-822a-dd13bcc75da9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7c018838-0e0b-4239-9e43-352608fd4000","keyframes":{"transform":["translate3d(-150.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tata Motors is the leader in the EV market in India, but Tesla's entry is likely to increase competition.

Huawei Fit 3 Launch: AMOLED Display With 10-Day Battery, Know The Price

[{"selector":"#anim-364f3606-eb81-40b2-b281-5b231ff743b9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-6ece4140-eb45-46d8-b740-6bbae4adc773","keyframes":{"opacity":[0,1]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-75bb2c9f-53bb-4f43-8b8a-05893f8f6170","keyframes":{"transform":["translate3d(0px, 132.71944%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1500,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-327b49b2-f37a-459c-aaa9-04cd9c9cf830","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c2c85b6-c7d7-4db3-bb7f-51bf21fc477d","keyframes":{"transform":["translate3d(-150.66667%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Next Story Opening https://www.timesbull.com/web-stories/huawei-fit-3-launch-amoled-display-with-10-day-battery-know-the-price