Skip to main content

Tesla spoke about battery manufacturing initiatives with government officials in India: Report

The company has proposed establishing a factory in the country for EVs, besides locally making batteries here, as per a Reuters report.

Autocar Professional BureauBy Autocar Professional Bureau calendar 18 May 2023 Views icon2977 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Tesla spoke about battery manufacturing initiatives with government officials in India: Report

US automaker Tesla discussed with Indian officials, how it could be involved in domestic incentives in the country, pertaining to car and battery making, Reuters reported citing a person in the know.

The company has proposed establishing a factory in the country for EVs, besides locally making batteries here, the source informed Reuters.

This comes on the back of previous discussions between the automaker and the government ending in an impasse, after its request to reduce import tax on cars that can go up to 100 percent, was not taken into consideration. India wanted Tesla to build cars locally, whereas the auto firm wanted to test the waters first with imports, Reuters stated.

The company also spoke about the country’s import taxes in the latest round of discussions, but more from a perspective of getting to know the local rules for establishing a factory in the country, the person in the know informed Reuters on condition of anonymity.

 

RELATED ARTICLES

Balu Forge Q2 Consolidated Net Profit Jumps 18%; Board approves ₹162 crore Warrant Issue to Promoters

auther Arunima Pal calendar14 Nov 2026

Standalone revenue from operations for the quarter rose 17.1% to ₹195.44 crore, and profit before tax grew 21.5% to ₹61....

Ashok Leyland Q2 Consolidated Revenue Jumps 35% to ₹17,030 Crore; Profit Up 8.8% 

auther Arunima Pal calendar14 Nov 2026

CV volumes up 32%, market share gains in trucks and LCVs; finance arm profit falls 28% on higher provisions

Mahindra Logistics Appoints Mohammed Turra as MD & CEO, Hemant Sikka to Step Down

auther Arunima Pal calendar14 Nov 2026

Turra has been Managing Director and CEO of Mahindra First Choice Wheels, where he has led the growth of the group's mul...