Hyperdrive

Tesla’s Asian Rivals Pull Ahead in India’s Nascent EV Market

  • Maruti Suzuki to launch first EV, VinFast to debut in India
  • Tesla has held back on India entry citing high import taxes
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Suzuki Motor Corp.’s India unit, BYD Co. and VinFast Auto Ltd. are among carmakers gearing to showcase their new electric vehicles in New Delhi as the fight intensifies for the fastest-growing major automobile market where Tesla Inc. is conspicuous by its absence.