Elon Musk’s Tesla has begun talks with the Modi government in India about building a factory that can make up to half a million electric vehicles a year, according to a report by the Times of India, with the commerce and industry ministry leading discussions on Tesla’s plan to create an export base to ship cars to the Indo-Pacific region.
“Tesla has come to us with an ambitious plan, and we are confident that the movement will be positive this time around,” a source was quoted as saying, adding that the news follows talks between Musk and Modi in New York on the PM’s recent trip to the United States. Prices for Tesla would start at at 20 lakh rupees (2 million rupees), which is about $24,363.
Read the full report: Times of India.
ALSO SEE:
Musk Meets Modi, Keen to Bring Tesla, Starlink to India Soon
India’s Tata Steps Up EV Push With $1.6bn Battery Plant Deal
India to Allow Tech Firms Greater Time to Set up Chip Plants