The talks are expected to focus around Tesla setting up an EV supply chain and discussing land allotment, Reuters reported.
newspaper. A Tesla priced from $24,500 would be 25 percent cheaper than Tesla's current lowest priced car, the Model 3 sedan. The talks with India's commerce minister are expected to focus around Tesla setting up an EV supply chain and discussing land allotment for a factory.
The meeting with the commerce minister would be the highest level discussions between Tesla and the Indian government since June when Elon Musk met India's Prime Minister Narendra Modi in the US and announced he intended to make a significant investment in the country. Tesla last year lobbied the Indian government to reduce import taxes on EVs shipped to India, but officials called on the company to commit to making cars locally.Reutersexecutives visited India and held talks with officials on establishing a manufacturing base for cars and batteries in the country.
India is the world's third largest auto market but electric vehicles currently make up less than 2 percent of total sales in the country.
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