Tesla Holds Talks With India on Incentives, Battery Making, Reuters Reports
18 May 2023 - 8:44PM
Dow Jones News
--Tesla has held talks with Indian officials about domestic
incentives being offered to car and battery manufacturers, as the
electric-car maker looks anew at entering the Indian market,
Reuters reports, citing a person with direct knowledge of the
talks.
--The report by Reuters, which earlier this week reported that
Tesla has proposed setting up a factory in India to build electric
vehicles, said plans to locally manufacture EV batteries are also
being discussed.
--Tesla didn't immediately respond to an emailed request for
comment, according to the report.
Full story:
https://www.reuters.com/business/autos-transportation/tesla-discussed-incentive-scheme-auto-sector-with-indian-officials-source-2023-05-18/
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
May 18, 2023 06:29 ET (10:29 GMT)
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