US EditionElon Musk's Tesla Is 'Not Interested' in Producing Cars in India
- Tesla has no plans to start producing electric vehicles in India but intends to establish two showrooms in the country by 2025.
- This stance follows India's new EV policy that reduces import taxes for carmakers investing at least $486 million in local production.
- The policy aims to boost local EV manufacturing, create jobs, lower prices, and increase EV sales from 2.5% to 30% by 2030.
- Union Minister HD Kumaraswamy indicated on Monday that Tesla is reluctant to establish manufacturing operations in India.
- As Tesla hesitates, European brands like Mercedes-Benz and Volkswagen may become the focus of India's EV manufacturing ambitions.
Insights by Ground AI
Does this summary seem wrong?
12 Articles
12 Articles
All
Left
Center
1
Right
2
Elon Musk's Tesla not interested in manufacturing cars in India: Union Minister
The Union Minister said that Tesla is not expected to begin manufacturing vehicles in India in the near future. He mentioned that the company is currently interested only in opening showrooms in the country.
·India
Read Full Article
Elon Musk's Tesla not interested in manufacturing in India? Union Minister issues big statement, says it 'only wants to...'
Global EV giant Tesla is not interested in manufacturing cars in India, Union Heavy Industries Minister H.D. Kumaraswamy said. However, global automobile makers such as Mercedes Benz, Skoda-Volkswagen, Hyundai and Kia had shown interest in manufacturing electric cars in India.
·New Delhi, India
Read Full Article
Coverage Details
Total News Sources12
Leaning Left0Leaning Right2Center1Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
