According to Reuters on November 24th, sources familiar with the matter said that Tesla is in talks with the Indian government about the conditions for building a factory, and the investment scale will depend on the number of cars approved by India for import at a 15% preferential tariff. Sources say that Tesla's proposed condition is that if the Indian government approves a reduction in tariffs on 12000 cars, Tesla is prepared to invest $500 million. If the discount is extended to 30000 cars, the investment may soar to $2 billion. On the other hand, the Indian government is considering limiting preferential tariffs to 10% of the total expected sales of electric vehicles in India in 2023, which is 10000 units, and may increase to 20% of the total in the second year.READ MORE!!
Post time: Dec-13-2023