Tesla to make electric cars in India

Tesla to make electric cars in India:

Union minister Nitin Gadkari on Friday said he has asked US-based Tesla several times to manufacture its iconic electric vehicles in India, while assuring that all support will be provided by the government to the company.

Addressing ‘India Today Conclave 2021’, Gadkari further said electric cars manufactured by Tata Motors are not less good than electric cars manufactured by Tesla.

The road transport and highways minister said that he is still in dialogue with Tesla officials regarding the company’s demand related to tax concessions.

I have told Tesla that don’t sell electric cars in India which your company has manufactured in China. You should manufactureelectric cars in India, and also export cars from India,” he said.

Tesla has demanded reduction in import duties on electric vehicles (EVs) in India.

“Whatever support you (Tesla) want, will be provided by our government,” Gadkari added.

Last month, the heavy industries ministry had also asked Tesla to first start manufacturing its iconic electric vehicles in India before any tax concessions can be considered.

At present, cars imported as completely built units (CBUs) attract customs duty ranging from 60-100 per cent, depending on engine size and cost, insurance and freight (CIF) value less or above USD 40,000.

Tesla Not to Sell China-Made Cars in India:

Teslaa should “make cars in India, sell in India and export from India,” and rely on local suppliers, Gadkari said at an India Today Conclave event on Friday.

Teslaa models in India will cost 3.5 million rupees ($46,671) each and the government will provide whatever help the U.S. carmaker needs to make a foray into the nation, he said.

The company in August received approval to make or import four models in India, according to a posting on the website of the nation’s ministry of road transport and highways.

Teslaa produces vehicles in factories in the U.S. and China, and is awaiting final approval for a new plant in Germany.

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