Tesla CEO Elon Musk to visit India this month; to meet PM
8 months, 1 week ago

Tesla CEO Elon Musk to visit India this month; to meet PM

Deccan Chronicle  

New Delhi: American electric car maker Tesla CEO Elon Musk is visiting India later this month to meet Prime Minister Narendra Modi and is likely to announce the company's investment plans in the country, according to sources.Musk, who has described as a 'natural progression' to provide Tesla electric vehicles in India, is likely to be accompanied by other company executives during the visit that is expected in the week of April 22, a source said. In June last year, Musk met awith Modi during the latter's US visit and stated that he planned to visit India in 2024 while expressing confidence that Tesla would enter the Indian market soon. His upcoming visit to India comes weeks after the government announced a new electric vehicle policy under which import duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of USD 500 million, a move aimed at attracting major global players like Tesla. As per the policy, the companies that would set up manufacturing facilities for EV passenger cars will be allowed to import a limited number of cars at lower customs /import duty of 15 per cent on vehicles costing USD 35,000 and above for a period of five years from the date of issuance of the approval letter by the government.

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History of this topic

Elon Musk's Tesla seeks showroom space in New Delhi, may be rethinking Indian market entry
1 week, 5 days ago

Elon Musk's Tesla seeks showroom space in New Delhi, may be rethinking Indian market entry

Firstpost  

Recent policy changes by the Indian government, aimed at attracting global automakers, could allow Tesla to import certain EVs at a reduced 15% tax rate if it commits to local investments Tesla is reportedly seeking a 3,000 to 5,000 square foot space for a consumer experience centre, along with a larger facility for vehicle deliveries and service operations. Image Credit: …

Elon Musk's Tesla resumes hunt for New Delhi showroom with DLF: Report
1 week, 6 days ago

Elon Musk's Tesla resumes hunt for New Delhi showroom with DLF: Report

India Today  

Elon Musk's Tesla has resumed its search for showroom space in New Delhi, signaling a renewed interest in the Indian market after halting investment plans earlier this year, reported news agency Reuters. Tesla, which paused its expansion efforts in India for months, is now considering sites like DLF’s Avenue Mall in southern Delhi and the Cyber Hub in Gurugram. Avenue …

India to expand EV policy for other automakers after Tesla doesn't turn up: Report
3 weeks, 3 days ago

India to expand EV policy for other automakers after Tesla doesn't turn up: Report

Hindustan Times  

The Centre is planning to expand its electric vehicle policy to also include automakers who currently manufacture, instead of just limiting it to ones willing to enter and build new plants, Reuters reported. A view of Tesla logo at an electric vehicle charging station between Los Angeles and Las Vegas in Baker, California, U.S., November 19, 2024 According to the …

Is Tesla a better opportunity than Indian automakers?
3 weeks, 6 days ago

Is Tesla a better opportunity than Indian automakers?

Live Mint  

Tesla Inc. shares have gained 59% since its 23 October earnings date. Speaking on Tesla’s third-quarter earnings call, Musk said full autonomy would become a reality with the company’s existing product lineup in 2025. Tesla vs. Indian automakers Although a Tesla versus major Indian carmakers may not be an apples-to-apples comparison, here’s a look at how it stacks up: View …

GoI planning to revisit EV policy, in a bid to attract Tesla, other international automakers
1 month, 1 week ago

GoI planning to revisit EV policy, in a bid to attract Tesla, other international automakers

Firstpost  

Under the current Scheme to Promote Manufacturing of Electric Passenger Cars in India, companies can import electric vehicles at reduced customs duties if they commit to certain investment and localisation targets Currently, eligible companies are allowed to import EVs costing $35,000 or more at a reduced customs duty rate of 15 per cent, compared to much higher regular rates. Image …

Watch | Trump 2.0: What should India watch out for?
1 month, 2 weeks ago

Watch | Trump 2.0: What should India watch out for?

The Hindu  

The world view of many countries, especially the U.S. has definitely changed with this week’s election results. Less U.S. pressure on democracy, minority rights, press freedoms More muted comments on the Pannun-Nijjar issue, and given Trump’s tensions with Trudeau, less worry that India-Canada ties could affect India-US ties. What then are the negatives New Delhi should watch out for: Trump’s …

Elon Musk’s India visit in limbo, could Donald Trump’s win boost Tesla entry into India?
1 month, 2 weeks ago

Elon Musk’s India visit in limbo, could Donald Trump’s win boost Tesla entry into India?

Live Mint  

After Donald Trump was declared the new President of the United States of America, shares of Elon Musk's companies began soaring based on the tech billionaire's close association with the Republican nominee's presidential campaign, according to an AFP report. Musk Role In Trump Office In previous indications on the matter, Musk has claimed that he can chop off around $2 …

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive
4 months, 1 week ago

Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive

The Hindu  

In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in the country within …

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed
4 months, 1 week ago

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed

Associated Press  

HANOI, Vietnam — In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in …

Elon Musk stops contact with India over investment as Tesla faces capital crisis: Report
5 months, 2 weeks ago

Elon Musk stops contact with India over investment as Tesla faces capital crisis: Report

Hindustan Times  

Elon Musk is not expected to move forward with Tesla investment in India any time soon as exectutives from the electric carmaker have stopped contacted officials in the country, Bloomberg reported citing people in know. The report claimed that Elon Musk’s team hasn’t made any further inquiries with officials in New Delhi after the billionaire postponed a visit to India …

Rajeev Chandrasekhar's comeback amid hacking row with Elon Musk: ‘Then Tesla…’
6 months ago

Rajeev Chandrasekhar's comeback amid hacking row with Elon Musk: ‘Then Tesla…’

Hindustan Times  

BJP leader Rajeev Chandrasekhar on Monday renewed his verbal duel with American businessman Elon Musk over the latter's remarks on electronic voting machines, as he said that electronic devices not connected with any network can't be hacked. Reacting to Musk's claim on X that "everything can be hacked", the former union minister said a "calculator or a toaster cannot be …

Elon Musk congratulates Modi, says Looking forward to doing 'exciting work' in India
6 months, 2 weeks ago

Elon Musk congratulates Modi, says Looking forward to doing 'exciting work' in India

Deccan Chronicle  

New York: American tech billionaire Elon Musk has said he is looking forward to his companies doing "exciting work" in India, as he congratulated Prime Minister Narendra Modi on his historic election victory. The congratulatory message came two months after the CEO of the electric carmaker Tesla and microblogging platform X in April postponed his proposed visit to India due …

Tesla CEO Elon Musk congratulates Narendra Modi ahead of swearing-in
6 months, 2 weeks ago

Tesla CEO Elon Musk congratulates Narendra Modi ahead of swearing-in

Hindustan Times  

Tesla and SpaceX CEO Elon Musk congratulated Prime Minister designate Narendra Modi on winning the 2024 general elections in India. Prime Minister Narendra Modi shakes hand with Tesla chief executive Elon Musk during their meeting in New York City in 2023 Three days after the Lok Sabha results 2024 were declared, Elon Musk tweeted, “Congratulations @narendramodi on your victory in …

Elon Musk opposes US tariffs on Chinese EVs
6 months, 4 weeks ago

Elon Musk opposes US tariffs on Chinese EVs

China Daily  

FILE PHOTO: Elon Musk in Beverly Hills, California, US, May 6, 2024. PARIS -- Tesla CEO Elon Musk has said he opposed US tariffs on Chinese electric vehicles. "Neither Tesla nor I asked for these tariffs," Musk said Thursday when answering audience questions via video link during VivaTech, an annual technology conference dedicated to innovation and startups in Paris. "In …

‘Biggest loser’: US entrepreneur slams Elon Musk’s choice of China over India for Tesla manufacturing unit
7 months, 1 week ago

‘Biggest loser’: US entrepreneur slams Elon Musk’s choice of China over India for Tesla manufacturing unit

Live Mint  

Indian-American academic, entrepreneur, and author, Vivek Wadhwa has slammed the decision of billionaire Elon Musk eschewing India for the Tesla manufacturing operation. Wadhwa wrote that "Elon is going to be the biggest loser" by picking China over India for manufacturing the Tesla electric cars. A week later, Musk turned up in China, meeting with Premier Li Qiang and making progress …

India 'shocked' as Musk's surprise China visit leaves them spurned
7 months, 3 weeks ago

India 'shocked' as Musk's surprise China visit leaves them spurned

The Hindu  

Elon Musk's surprise visit to China this week won concessions for Tesla but left India feeling spurned after he cancelled a scheduled trip there for earlier this month, with Indian commentators calling the move a snub. Musk said on April 20 he looks forward to visiting India later this year, but the Indian government has not commented on his trip …

Tesla CEO Elon Musk visits China during Beijing auto show
7 months, 3 weeks ago

Tesla CEO Elon Musk visits China during Beijing auto show

The Hindu  

Tesla CEO Elon Musk met with a top government leader in the Chinese capital on Sunday, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show. Chinese Premier Li Qiang told Mr. Musk that he hopes the U.S. will work more with China on “win-win” cooperation, citing Tesla’s operations in China as …

Chidambaram jabs PM Modi as Elon Musk cancels India trip but visits China
7 months, 3 weeks ago

Chidambaram jabs PM Modi as Elon Musk cancels India trip but visits China

Hindustan Times  

Congress leader P. Chidambaram attacked Prime Minister Narendra Modi on Monday as Tesla chief Elon Musk, who ditched his planned India visit, instead made a surprise visit to China. "Elon Musk deferred visit to India citing ‘Tesla obligations’ Within days, he visited China and held talks with PM of China and discussed bringing his new Self-driven car to China," the …

Tesla CEO Musk visits China as competitors show off new electric vehicles at Beijing auto show
7 months, 3 weeks ago

Tesla CEO Musk visits China as competitors show off new electric vehicles at Beijing auto show

Associated Press  

BEIJING — Tesla CEO Elon Musk met with a top government leader in the Chinese capital Sunday, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show. Chinese Premier Li Qiang told Musk that he hopes the U.S. will work more with China on “win-win” cooperation, citing Tesla’s operations in China as …

Tesla India factory delayed? Musk's shift on low-cost EVs may put India, Mexico plants at risk
7 months, 4 weeks ago

Tesla India factory delayed? Musk's shift on low-cost EVs may put India, Mexico plants at risk

Firstpost  

Tesla is planning to make newer, cheaper EVs on its existing production lines. CEO Elon Musk responded to the Reuters report on X, dismissing it as a “lie.” On Tuesday, Tesla discussed new models that appeared to differ from the Model 2, without directly addressing the Reuters report. In January, Musk announced Tesla’s plans to start making a cheaper new …

Tesla to focus on low-cost cars: No India, Mexico factory plans now?
8 months ago

Tesla to focus on low-cost cars: No India, Mexico factory plans now?

Hindustan Times  

Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in Mexico and India unlikely in the near term. "I think it's a positive that he's not just barreling ahead with an expansion plan, ignoring the challenges in the market and …

Tesla cars may have X integration ‘soon’, Elon Musk says: What this means?
8 months ago

Tesla cars may have X integration ‘soon’, Elon Musk says: What this means?

Hindustan Times  

Elon Musk, the owner of Tesla and social media platform, X, has hinted about the integration of both these platforms soon. This happened when a follower asked if the X app could be integrated with Tesla, to which Musk replied, “Coming soon.” It means that Tesla owners will be able to use the X platform via some software update in …

OpenAI hits back at billionaire Elon Musk over ‘revisionist history’
8 months ago

OpenAI hits back at billionaire Elon Musk over ‘revisionist history’

Hindustan Times  

The world of artificial intelligence may be growing by leaps and bounds now, but there were times when things were not as rosy. At that time, billionaire Elon Musk, an early founder, was virtually the only thing that stood between it and the achievement of its goals as well as its continued existence. Billionaire Elon Musk, an early founder of …

Meet Rohan Patel, man at core of Tesla's India plans who exited firm days before Elon cancelled Delhi trip
8 months ago

Meet Rohan Patel, man at core of Tesla's India plans who exited firm days before Elon cancelled Delhi trip

Hindustan Times  

Elon Musk today announced his decision to postpone a key visit to India to expand Tesla market due to ‘very heavy Tesla obligations’. Rohan Patel, Tesla's vice president of public policy and business development, exited the company on April 15, 2023 "Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look …

Elon Musk delays India visit due to very heavy Tesla obligations
8 months ago

Elon Musk delays India visit due to very heavy Tesla obligations

Deccan Chronicle  

Tesla CEO Elon Musk has delayed his trip to India. In a post replying to a news report that cited the delay of his India Trip, Elon Musk posted on X "Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year. "Musk was also expected …

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%
8 months ago

Tata shifts gears: Considers importing Jaguar Land Rover EVs after government cuts import duty from 100% to 15%

Live Mint  

India's Tata Motors is planning to import its Jaguar Land Rover luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, according to a Reuters report. Import duties on some EV models have been slashed from as high as 100 percent to just 15 percent, provided the carmaker invests at …

Tesla, Starlink entry on agenda when Musk heads to India
8 months ago

Tesla, Starlink entry on agenda when Musk heads to India

New Indian Express  

MUMBAI: Tech billionaire Elon Musk is set to visit India as his businesses seek new markets in the world's most populous nation, with electric carmaker Tesla -- suffering a sales downturn in the United States -- reportedly scouting factory locations. Also likely to be on the agenda for the self-described "free speech absolutist" is the large number of content takedown …

Elon Musk likely to unveil $2-$3 billion India investment during visit, sources say
8 months ago

Elon Musk likely to unveil $2-$3 billion India investment during visit, sources say

The Hindu  

Tesla chief Elon Musk is set to announce an investment in India of $2-$3 billion, mainly for building a new factory, when he visits New Delhi next week to meet Prime Minister Narendra Modi, two sources familiar with the discussions said. Details of Mr. Musk's India visit are closely-guarded, with the CEO only publicly confirming on his social media platform …

Elon Musk likely to announce $2-$3 billion India investment during visit: Report
8 months ago

Elon Musk likely to announce $2-$3 billion India investment during visit: Report

Hindustan Times  

Tesla CEO Elon Musk, who is scheduled to visit India next week, is likely to announce an investment worth $2-$3 billion, news agency Reuters reported citing the sources familiar with the development. India's Prime Minister Narendra Modi shakes hand with Tesla chief executive Elon Musk during their meeting in New York City in 2023. Read here: Elon Musk's India visit: …

'Reduce Cost, Increase Productivity': Elon Musk On Tesla's Decision To Lay Off Over 14,000 Employees
8 months, 1 week ago

'Reduce Cost, Increase Productivity': Elon Musk On Tesla's Decision To Lay Off Over 14,000 Employees

ABP News  

Tesla, the Elon Musk-owned electric vehicle major, has recently disclosed plans to reduce its workforce globally by over 10 per cent, as reported by electrek.com, based on an internal memo shared by Musk with employees. What Musk Said Elon Musk has communicated through an internal memo that the company needs to enhance productivity and cut costs to gear up for …

Tesla scouts for its first India showroom locations
8 months, 1 week ago

Tesla scouts for its first India showroom locations

The Hindu  

U.S. electric carmaker Tesla is looking at potential showroom locations in New Delhi and Mumbai ahead of plans to begin sales in India later this year, two people familiar with the discussions said. India last month cut electric vehicle import taxes to 15% from as much as 100% for automakers that invest at least $500 million and set up a …

'Elon Musk being Modi supporter is one thing, but…': PM on Tesla chief's India visit
8 months, 1 week ago

'Elon Musk being Modi supporter is one thing, but…': PM on Tesla chief's India visit

Hindustan Times  

Ahead of Tesla chief Elon Musk's visit to India, Prime Minister Narendra Modi said that the world's richest billionaire is a “supporter of India”. Prime Minister Narendra Modi shakes hand with Tesla chief executive Elon Musk In an interview with ANI broadcasted on Monday, PM Modi, when asked about the possibility of seeing Tesla cars and Starlink in India, remarked, …

Ahead of Elon Musk's India visit, Tesla explores showroom locations in New Delhi, Mumbai: Report
8 months, 1 week ago

Ahead of Elon Musk's India visit, Tesla explores showroom locations in New Delhi, Mumbai: Report

India TV News  

Washington: Ahead of Tesla CEO Elon Musk's visit to India, the US electric carmaker is looking at potential showroom locations in New Delhi and Mumbai ahead of plans to begin sales in India later this year, two people familiar with the discussions told news agency Reuters. India last month cut electric vehicle import taxes to 15% from as much as …

'Doesn't matter who invests money, Indian youths should get employment': PM Modi on Elon Musk's Tesla entry
8 months, 1 week ago

'Doesn't matter who invests money, Indian youths should get employment': PM Modi on Elon Musk's Tesla entry

India TV News  

New Delhi: Prime Minister Narendra Modi, during an interview with a news agency, asserted he wants American electric car manufacturer, Tesla to invest in India but with a condition that it should provide employment opportunities to Indian youths. Why employment opportunities are crucial for India Notably, Modi's response came days after the Institute for Human Development and International Labour Organisation …

Not just Tesla, Elon Musk's India visit may also bring Starlink announcement
8 months, 1 week ago

Not just Tesla, Elon Musk's India visit may also bring Starlink announcement

Hindustan Times  

Tesla CEO Elon Musk's upcoming visit to India has sparked speculations of the electric car company's entry into Indian markets soon. While it sparked rumours that Tesla's plans for India may be revealed this month, speculations on the potential entry of Musk's Starlink network in the country were also there. Elon Musk's Starlink threw its hat in the ring for …

Tesla CEO Elon Musk's India visit to last around 48 hours: What's his plan?
8 months, 1 week ago

Tesla CEO Elon Musk's India visit to last around 48 hours: What's his plan?

Hindustan Times  

Elon Musk's India visit: Tesla CEO Elon Musk's India visit will last around 48 hours during during which the billionaire will make mega announcements. These will include plans to start Starlink services in India, CNBC-TV18 reported adding that Elon Musk will be in India on April 21 and 22. Elon Musk's confirmation of India visit The report comes after Elon …

Tesla on Tamil Nadu's radar ahead of Elon Musk's India visit: Report
8 months, 1 week ago

Tesla on Tamil Nadu's radar ahead of Elon Musk's India visit: Report

India Today  

The Tamil Nadu government is set to aggressively market the state as a potential manufacturing site for global electric vehicles giant Tesla ahead of Elon Musk’s visit to India, reported Bloomberg News. Tamil Nadu’s Minister for Industries, Investment Promotion & Commerce TRB Rajaa told the publication that the state “will be pitching for all opportunities of electric vehicle manufacturing from …

TS eyeing Tesla project, Sridhar Babu welcomes Musk to state
8 months, 1 week ago

TS eyeing Tesla project, Sridhar Babu welcomes Musk to state

Deccan Chronicle  

Hyderabad: Even as Tesla CEO Elon Musk confirmed his visit to India later this month, Telangana, which has been chasing Tesla project has welcomed the billionaire to the state. "Telangana with it's Industry friendly policy, is working with a progressive and futuristic vision by creating a world class Infrastructure and hassle free permissions system to enable best in class companies …

The Hindu Morning Digest, April 11, 2024
8 months, 1 week ago

The Hindu Morning Digest, April 11, 2024

The Hindu  

Q4 GDP growth may throw up a positive surprise at 6.5%-7% India’s GDP growth in the January to March 2024 quarter is likely to turn out to be higher than the 5.9% uptick penned in by the National Statistical Office, possibly in the range of 6.5% to 7%, which would translate into a positive surprise for the official 7.6% growth …

Tesla CEO Elon Musk to visit India this month; to meet PM Modi
8 months, 1 week ago

Tesla CEO Elon Musk to visit India this month; to meet PM Modi

The Hindu  

American electric car maker Tesla CEO Elon Musk is visiting India later this month to meet Prime Minister Narendra Modi and is likely to announce the company's investment plans in the country, according to sources. In June last year, Mr. Musk met with Mr. Modi during the latter's US visit and stated that he planned to visit India in 2024 …

Elon Musk to meet PM Modi in April, announce investment plans in India: Report
8 months, 1 week ago

Elon Musk to meet PM Modi in April, announce investment plans in India: Report

Hindustan Times  

Tesla CEO Elon Musk will visit India this month to meet PM Narendra Modi. He is also expected to make an announcement related to investment plans in the country and opening a new factory, news agency Reuters reported citing people in the know. “Talks are at initial stages and have been ongoing for over a month,” a person aware of …

Mukesh Ambani’s Reliance may bring Elon Musk's Tesla to India? Talks ‘at initial stage’
8 months, 1 week ago

Mukesh Ambani’s Reliance may bring Elon Musk's Tesla to India? Talks ‘at initial stage’

Hindustan Times  

Tesla might be looking for a local partner to set up its operations in India, a report claimed. The Hindu Business Line reported citing people in the know that Tesla is in talks with Reliance Industries for a possible joint venture to build the manufacturing facility in India. “While the role of RIL hasn’t been crystalised yet, it is expected …

PM Modi to meet Elon Musk this month, Tesla CEO says 'Looking forward to it'
8 months, 2 weeks ago

PM Modi to meet Elon Musk this month, Tesla CEO says 'Looking forward to it'

India Today  

Tesla founder and CEO Elon Musk is planning to visit India later this month to meet Prime Minister Narendra Modi. The electric vehicle manufacturing giant is in the initial stages of talks with Reliance Industries Limited to form a joint venture to build a manufacturing plant in India, reported The Hindu BusinessLine quoting sources. It's a natural progression to provide …

Elon Musk’s major update on when Tesla electric vehicles are coming to India
8 months, 2 weeks ago

Elon Musk’s major update on when Tesla electric vehicles are coming to India

Hindustan Times  

Tesla CEO Elon Musk said that it will be a natural progression for his company to provide electric vehicles in India. Elon Musk gave a major update on when Tesla vehicles will come into India. What reports claimed on Tesla searching for a location for India factory It was reported that Maharashtra and Gujarat extended land offers to Tesla for …

Tesla begins hunt for sites to build car factory in India: Report
8 months, 2 weeks ago

Tesla begins hunt for sites to build car factory in India: Report

India Today  

Tesla is looking to set up a big factory in India and is sending over a team to scout for possible locations, reported The Financial Times. Last month, India decided to lower the taxes on some electric cars made by companies that agree to invest at least Rs 3,700 crore and start making cars in India within three years. But …

Elon Musk reacts 'yeah' to derogatory tweet about India being 'third world' country
8 months, 4 weeks ago

Elon Musk reacts 'yeah' to derogatory tweet about India being 'third world' country

Op India  

On the 25th of March, Elon Musk, the owner of social media platform X, found himself at the centre of online outrage after his comment on an X post calling India “third world”. Yeah — Elon Musk March 25, 2024 This, however, did not go well with Indian X users and soon an outrage erupted in response to Musk’s comment …

Tesla: Red carpet welcome in India?
9 months ago

Tesla: Red carpet welcome in India?

Live Mint  

India has announced a policy for electric vehicles that lowers the import duty for foreign-made EVs brought in by overseas auto majors. They’ll be allowed to import annually up to 8,000 EVs valued at $35,000 or more at a reduced import duty of 15% for five years, provided they invest at least $500 million in local manufacturing over the next …

India Approves EV Policy to Attract Global Players
9 months, 1 week ago

India Approves EV Policy to Attract Global Players

Deccan Chronicle  

New Delhi: In a move to make India as a manufacturing destination for electric vehicles or EVs in the country, the Centre on Friday approved the e-vehicle policy. As per the policy, a company will get three years for setting up manufacturing facilities in India and to start commercial production of e-vehicles, and reach 50 per cent domestic value addition …

Explained: How does new EV policy pave road for Elon Musk's Tesla in India?
9 months, 1 week ago

Explained: How does new EV policy pave road for Elon Musk's Tesla in India?

Hindustan Times  

Centre on Friday approved a new policy for electric vehicles which offers duty concessions on imported cars to companies that invest at least USD 500 million to set up manufacturing units in India. Over recent months, Tesla representatives visited India frequently, and CEO Elon Musk even met Prime Minister Narendra Modi last year. 'No special treatment to Tesla' Recently, commerce …

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