Tesla To Set Up Electric Car Manufacturing Unit In Karnataka


2021-02-15 05:22:24

Tesla To Set Up Electric Car Manufacturing Unit In Karnataka

Elon Musk has tweeted several times about the company’s impending foray into India.

Billionaire Elon Musk’s Tesla Inc will set up an electric-car manufacturing unit in Karnataka, according to a government document seen by Reuters on Saturday.

“The US firm Tesla will be opening an electric car manufacturing unit in Karnataka,” the state government said in a brief statement.

The statement was part of a broader document outlining the highlights of budget to its people in Kannada.

Last month, the electric carmaker incorporated Tesla Motors India and Energy Private Limited with its registered office in Bengaluru, a hub for global technology companies.

State Chief Minister B.S. Yediyurappa had then said in a tweet, which was subsequently deleted, that Tesla would start its operations in India with an R&D unit in Bengaluru.

It was not immediately clear if the Saturday statement was referring to the same unit.

Newsbeep

Tesla and the office of chief minister did not immediately respond to Reuters’ request for comments.

Elon Musk has tweeted several times about the company’s impending foray into India. In December, the Tesla CEO confirmed in an exchange on Twitter that Tesla will launch in the country in 2021.

India has been keen to reduce its oil dependence and cut down on pollution, but its efforts to promote electric vehicles have been stymied by a lack of investment in manufacturing and infrastructure such as charging stations.

To boost investment, India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities, Reuters reported last year.



Source link

25 Comments

  1. MarcosEtess March 4, 2021
  2. WesleyUtiff March 6, 2021
  3. JasonLup March 8, 2021
  4. JasonLup March 8, 2021
  5. Randyabemi March 9, 2021
  6. Jasonker March 12, 2021
  7. Wayneweday March 13, 2021
  8. Wayneweday March 15, 2021
  9. MarvinHag March 23, 2021
  10. MarvinHag March 25, 2021
  11. Frankhem April 2, 2021
  12. Frankhem April 3, 2021
  13. BillyBlant April 3, 2021
  14. Michaeltrevy April 5, 2021
  15. Michaeltrevy April 6, 2021
  16. Charlesget April 6, 2021
  17. Alfredted April 7, 2021
  18. Robertnom April 7, 2021
  19. Robertnom April 8, 2021
  20. Alfredted April 8, 2021
  21. Robertnom April 9, 2021
  22. HarryShife April 10, 2021
  23. Michaelton April 10, 2021
  24. HarryShife April 11, 2021
  25. Michaelton April 11, 2021

Leave a Reply