Company says it has identified 108 cities in southern and western India-the two regions it will focus on first--for setting up distribution centres for its scooters
For months, Tesla Chief Executive Elon Musk has been teasing investors, and rivals, with promises to reveal significant advances in battery technology during a "Battery Day" in late May.
The running cost of electric vehicles is lower, but there is a high upfront capital investment. Lack of charging infrastructure is another impediment
Rs 15 bn funding is to be available to new players entering the space