Search results for "Tesla India"
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No Talks Yet on Tesla, Starlink Investments in India: Commerce Minister Goyal
Friday November 29, 2024Besides, in March this year, the government approved an electric-vehicle policy providing import duty concessions to companies setting up manufacturing units in India with a minimum investment of USD 500 million, a move aimed at attracting major global players like US-based Tesla.
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India to Enhance EV Manufacturing Incentives Post Tesla Setback: Sources
Friday November 29, 2024India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the U.S. automaker backed off from those plans earlier this year.
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India Firm on EV Policy, No Special Changes for Tesla: G-20 Sherpa Amitabh Kant
Monday May 20, 2024The policy has asked for a minimum investment threshold of Rs 4,150 crore (USD 500 million) and encouraging manufacturers to achieve significant levels of domestic value addition (DVA), the government mandates that by the third year of setting up the manufacturing unit, at least 25 per cent of the parts used to make the vehicles should be sourced domestically.
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Tesla Scouting Locations for Its First Showroom in India: Sources
Monday April 15, 2024It wants to begin with a showroom of 3,000 to 5,000 square feet (280-465 square metres) as well as a service hub in each city, said one of the people familiar with the plans.
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Unperturbed by Tesla's Oncoming Entry, New EV Policy Ensures Safeguards: Mercedes-Benz India
Friday April 12, 2024The policy seeks to promote India as a manufacturing destination for EVs and attract investment from reputed global EV manufacturers.
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Tesla's Entry into India a 'Natural Progression: Elon Musk
Wednesday April 10, 2024The state governments of Maharashtra and Gujarat have extended lucrative land offers to Tesla Inc. for the establishment of an electric vehicle (EV) manufacturing plant, signalling a major stride in India's electric mobility landscape.
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India on Tesla's Radar: Company Representatives to Tour Possible Locations for Massive EV Manufacturing Plant
Thursday April 04, 2024This development comes after India lowered tariffs on higher-priced imported EVs last month for companies that commit to making them in the country within three years.
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Mahindra lobbies for fair competition as Tesla eyes India's EV market
Wednesday January 17, 2024Mahindra and Tata Motors have pressed Indian officials privately not to lower import taxes of 100% on electric vehicles and protect domestic firms and their foreign investors as the government reviews Tesla's plans to enter the market, Reuters reported last month.
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