Tesla to launch Model 3 Electric cars in India by next year
Aims to capture the Asian-European market Model 3s vehicles manufactured in China will be exported to India as well
Tesla estimates that demand for electric vehicles has increased
US company TESLA has set up a manufacturing plant in Shanghai
The company plans to manufacture 150,000 vehicles in China this year\
11,800 electric cars were sold in China last month
US-made Model 3s are comparatively expensive
Tesla also plans to make more Model Ys and SUVs in China