According to a report by the Times of India, Tesla is looking to make about half a million electric vehicles (EVs) annually in India. The report cites unnamed sources who say that Tesla is in talks with the Indian government about setting up a manufacturing
plant in the country. The plant would be located in Gujarat, which is a state in western India.
Gujarat is already home to a number of other EV manufacturers, including Tata Motors and Mahindra & Mahindra. Tesla has been looking to enter the Indian market for several years, but it has been held back by high import duties on EVs. The Indian government has been reluctant to lower these duties, but it is now under pressure to do so in order to attract investment from Tesla and other EV manufacturers.
If Tesla is able to secure a deal with the Indian government, it would be a major boost for the country’s EV industry. India is one of the world’s largest markets for EVs, and Tesla’s entry would help to accelerate the growth of the market.
The Times of India report also says that Tesla is looking to make a range of EVs in India, including the Model 3, Model Y, and Model S. The company is also reportedly considering making battery cells in India. It is still too early to say whether Tesla will be able to reach an agreement with the Indian government. However, the report suggests that the company is serious about entering the Indian market, and that it could make a major impact if it is successful.
