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Sources say Tesla proposes to build a new electric car factory in India for sales and export in India.

Shulou Source: shulou.com Published: 2023-11-24 16:50:25 10月02日 Update

Thanks to CTOnews.com netizen Xiao Zhan for the clue delivery! CTOnews.com, May 17 (Reuters)-Electric car maker Tesla proposed to Indian government officials on Wednesday a plan to build an electric vehicle factory in India to make electric vehicles for domestic sales and export, according to Reuters. Tesla declined to comment.

Tesla did not discuss with the Indian government the issue of reducing import duties on electric vehicles, the source said. Senior executives of Tesla met with government officials in India this week to discuss issues such as local procurement of parts, Reuters reported on Tuesday.

CTOnews.com noted that Tesla's renewed interest in the Indian market came nearly a year after he abandoned plans to sell cars in the country. Elon Musk, the company's chief executive, has said that India's import duty is one of the highest in the world after failing to get a lower import duty. Local procurement is in line with Prime Minister Modi's "made in India" campaign to attract manufacturers, especially as companies seek to diversify their supply chains.

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