Summary
Tesla, the electric vehicle company led by Elon Musk, has decided not to manufacture cars in India, India's heavy industries minister said. The company plans to open two showrooms in India, but it hasn't committed to local car production despite previous incentives offered by the Indian government.
Key Facts
- Tesla will open two showrooms in India for selling its cars.
- The Indian government offered incentives for global electric vehicle makers to produce in India, but Tesla was not interested.
- Indian minister HD Kumaraswamy said other car companies are interested in making electric cars in India, but not Tesla.
- Tesla was involved in early discussions about manufacturing in India but pulled out of later talks.
- President Trump mentioned it would be unfair if Tesla built a factory in India.
- Tesla's plans to start a base in India were put on hold in 2022 due to local production demands from the government.
- Tesla's EV sales would face challenges in India due to cost, charging infrastructure, and local road conditions.
- India's Tata Motors leads the local EV market, with MG Motors in second place.
