tesla india factory

India asks Tesla to copy Apple in pairing Chinese, Indian suppliers

2Aug

By adminNo Comments

Technology

India asks Tesla to copy Apple in pairing Chinese, Indian suppliers

[ad_1] As Tesla examines building a plant in India, officials have asked the company to emulate Apple in finding local firms to partner with any Chinese suppliers involved, according to three government sources with direct knowledge of the matter.Tesla has been in talks with India for weeks about setting up a factory which will potentially build a $24,000 car for local sales and exports, however strained India-China ties threaten to complicate Tesla's plans for bringing in Chinese suppliers. Tesla founder Elon Musk is seeking to expand beyond the company's biggest foreign base of China where regulatory approvals for expansion are slow to come. But Chinese suppliers could be critical if Tesla were to establish a plant in India and keep costs in check for a cheap EV. India does not have l...

Elon Musk in talks to set up Tesla factory in India; car prices may start at Rs. 20 lakh

[ad_1] Tesla is in talks with the Indian government to set up a Gigafactory in India with the capacity for manufacturing 500,000 electric vehicles annually. For years, Tesla has been thinking about whether to set up a plant in India, but the plans seem to have moved forward with Elon Musk-led company in talks about making India the export base for the Indo-Pacific region, as per a report by the Times of India.Tesla's India plansAt present, Tesla's biggest plant remains in China with a reported annual manufacturing capacity of nearly 750,000 units. However, tech companies like Apple and Samsung have been looking to establish plants in alternative countries in a bid to boost sales in other regions as well as to minimize production losses caused by the country's tight restrictions. It seem...

Did Elon Musk just hint at a Tesla factory in India?

[ad_1] That the massive Indian market is on billionaire Elon Musk's mind has been clear for a long time. But nothing solid has fructified so far. That may be changing, if what Musk said recently comes to happen.For some time now, Tesla has been looking to pick a new location for a factory. On Tuesday, CEO Musk said he would probably pick a location by the end of 2023. The India angle came to the forefront when the Wall Street Journal's correspondent asked Musk at an event if the country was interesting and he replied by saying, "Absolutely". Not just that, even the Indian officialdom is dropping big hints about Tesla. Tesla is "serious" about its plans to establish a manufacturing base in India, the country's deputy minister for technology told Reuters last week.However, concrete steps ...