Tesla wants to build an electric car assembly facility in India and has made a proposal to the Indian government

By: Maksim Panasovskiy | 18.05.2023, 12:36

Tesla has made another attempt to enter the Indian market. Elon Musk's company wants to build its first factory in the country, where it will assemble electric cars.

Here's What We Know

Tesla had planned to start exporting vehicles to India from China in 2022. However, the authorities did not want to lower the duties. Now, the US company wants to enter India from a different angle.

Tesla has sent a delegation that will try to negotiate the supply of components for electric vehicles from India to China. Building a new plant in India is a bonus that should help convince authorities to change their minds.

According to Reuters news agency, Tesla representatives have discussed the issue with senior officials from the Indian government. There is no word yet on what progress they have made in the talks.

This time the delegation did not discuss the subject of customs duties, but talked about launching Indian production of batteries for electric cars. Tesla is also hoping to receive incentives from the government.

Source: Reuters