Tesla Wants to Build a Factory in India

Tesla Wants to Build a Factory in India

Last year Tesla, from the government of india He asked him to reduce the import tax on cars as it could go up to 100%. The government refused, preferring the automaker to produce its vehicles in-country, while Tesla wanted to test the market with imports first. As a result, the company has suspended its plans to sell cars in India. Now the popular electric vehicle manufacturer Teslaas a future plan Establishing a factory in India took it.

Looks like Tesla domestic market in india as well as for export He seems to have changed his mind on the matter, as he proposed to set up a factory to build electric vehicles. This information allegedly came from “a source with direct knowledge of the matter.”

same source, a new factory proposal It claims to have been presented to Indian authorities by Tesla without a specific location or investment amount. Also, Tesla didn’t say anything about lowering taxes this time around. Senior Tesla executives will meet this week to discuss “local parts sourcing and other issues,” Reuters reported. they are in india to meet with the government.

Tesla delegation, Prime Minister of India He has met with officials from Narendra Modi’s office as well as other ministries, so the timing is certainly appropriate for such a proposal to be submitted to Indian officials. We assume that the negotiations will go further, going into details about the location and amount of investment, that after the authorities approve the proposal in its current vague form, incentive negotiations will begin, because that’s how things usually go.

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