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Searched Tag: new ev policy
American electric car giant Tesla Motors is gearing up to explore potential locations in India for a proposed $2-3 billion electric car plant.

Tesla to scout sites for $3 billion electric car plant amid policy shift

April 4, 2024, 02:34 PM - 2 min read

States such as Maharashtra and Gujarat in the west, and Tamil Nadu in the south, have been earmarked for consideration, according to the report.

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India awaits Musk’s response as Centre clears road for Tesla's entry

Elon Musk poised to respond as India approves New EV Policy, opening doors for Tesla

March 16, 2024, 03:10 PM - 2 min read

With projections suggesting that India's EV market could achieve over 40 per cent penetration and generate revenue exceeding $100 billion by 2030, Musk's anticipated entry marks a significant milestone in the country's journey towards sustainable mobility.

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