Page 3 - Tesla In India

'No special policy for Tesla, can seek incentives under existing schemes'

The government so far is not looking to frame a separate policy for providing incentives to US-based electric car maker Tesla, and the company can apply to avail support measures under existing schemes like PLI for auto and advanced chemistry cells, a government official has said. The government has already rolled out the production-linked incentives schemes (PLI) for advanced chemistry cell (ACC) battery storage with an outlay of Rs 18,100 crore and Rs 26,058 crore PLI scheme for auto, auto-components and drone industries. "We have told Tesla that the policies, which are already there for all, they can also apply under that PLI. They are welcome. Generally, the policy will be the same for all. For a single company, the government may not like to make separate policies. So far, there is no plan to give special treatment," the official said. Representatives of Tesla's biggest supplier of batteries Panasonic have met "us and they have stated that they want to make batteries. We have .

Top headlines: Can Tesla sell a Rs 20L electric car, FTA with UAE, and more

Business Standard brings you the latest headlines at this hour

Can Tesla sell a Rs 20-lakh electric car produced in Indian giga-factory?

Tesla Founder Elon Musk's ambition to build a high-volume affordable car is not new

Tesla can have significant impact on India's EV mkt: NITI's Randheer Singh

In a conversation with Ruchika Chitravanshi, Singh, whose stint at the think tank ended on Friday, says the EV segment in India is seeing interest from global players such as Tesla

Centre unlikely to offer import duty concessions to Tesla: Report

The present customs duty regime in India does not distinguish between electric cars and those that run on hydrocarbons and imposes high duties

Tesla's former India policy chief to join e-scooter start-up Ather

Manuj Khurana, who quit his post as Tesla's local head of policy and business development in June, will start next week at Ather Energy

Tesla India policy exec quits after company puts entry plan on hold: Report

Manuj Khurana, policy and business development executive at Tesla in India, was hired in March 2021 and played a key role in forming a domestic market-entry plan for the US carmaker in the country

No Tesla plant in India unless allowed to sell, service imported cars: Musk

In 2020, Elon Musk had announced plans to open the production of Tesla electric vehicles in India.

Musk's troubled tryst with India: Tesla, Starlink in limbo for over a year

Musk clearly needs to take a relook at his overall India plan

India wants Tesla to buy $500-mn local auto parts for tax break: Report

While it could start at a lower base, Tesla would need to agree to ramp up Indian parts purchases by around 10% to 15% a year until a satisfactory level was achieved, says a source

Can't have a situation where jobs are in China: Govt on Tesla's India entry

The minister of state for heavy industries also told the Lok Sabha during Question Hour that the company is yet to apply for schemes as per the government's policy

Tesla not working on its $25K electric car right now: Musk

Tesla CEO Elon Musk has confirmed that its electric vehicle company is not working on its previously announced $25,000 electric car right now because it has 'too much on its plate'

Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari

No formal announcement yet but the automobile company is anticipated to bring in its competitive Tesla Model 3

Centre asks Tesla to share manufacturing, investment plan in India

But the relation has to be reciprocal. India should gain in terms of investment, employment," the official said

India plant likely if Tesla succeeds in importing cars, says Elon Musk

The California-based car producer is currently lobbying for lower taxes on imports as it considers plans to expand into India, one of the world's biggest emerging car markets

Want to, but import duties highest in world: Tesla CEO on India car launch

Tesla founder Elon Musk said on Saturday that his company wants to launch cars in India, however, the country's import duties on electric vehicles are 'highest in the world by far'

Tesla lobbies India for sharply lower import taxes on EVs: Report

Tesla Inc has written to Indian ministries seeking a big reduction in import duties on electric vehicles, a move it says will boost demand and generate revenue for the government, two sources said

Tesla delivers over 200,000 vehicles in Q2

Despite many challenges, Elon Musk-owned EV maker Tesla on Friday announced that it has produced and delivered over 200,000 vehicles in Q2 2021.

Tesla begins recruiting for leadership, senior level roles in India

Elon Musk's company reportedly recruiting for positions including a head of sales and marketing, and a head of HR

Tesla scouts for showroom space in India, hires exec for lobbying: Report

The electric-car maker in Jan registered a local company in India, where it is expected to import and sell the Model 3 sedan by as early as mid-2021, seeking to target rich customers in a niche market