An American electric car maker explains why it took a different route than Elon Musk’s Tesla, Tata Motors or Mahindra | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

An American electric car maker explains why it took a different route than Elon Musk’s Tesla, Tata Motors or Mahindra

A US-based carmaker Triton is gearing up to enter India with its electric sedan N4, the same year as Elon Musk, and the company’s founder and CEO, Himanshu Patel, got candid in an exclusive interview with Business Insider.

“We’ve really talked through every component, like from the grid infrastructure to the conditions of the roads of India. We’re building the car based on every component of India’s infrastructure,” said Patel, who believes that the solar panel atop Triton’s cars give it the edge over its potential competitors in India.

An American electric car maker explains why it took a different route than Elon Musk’s Tesla, Tata Motors or Mahindra

The reason for Triton’s entry at this time is pretty evident. From, Elon Musk-led Tesla registering its Indian subsidiary in Bengaluru to Tatas planning a slew of EV launches in 2021 — everyone wants a bite of India’s booming EV industry. But Patel is confident because, according to him, “the Indian carmakers are just trying to make a very cheap price point to enter the market just like Tatas or any other manufacturers of India. I think that’s the wrong approach in my opinion.”

Triton is looking to invest around $650 million to $1 billion in setting up a manufacturing facility in India. The company is also in final stage discussion with Bharat Electronics Limited (BEL) to assist it in the manufacturing for its battery, as well as our electronic components. The company is also in talks with different state authorities to set up its facility in India. However, the CEO declined to name those. The company is looking to start manufacturing its first vehicle in 3-6 months from now and aims to roll out the first car by the end of this year.

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