Jan 13, 2021 - 12:36 pm

Tesla subsidiary in Bangalore ahead of India launch

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Tesla’s imminent launch in India that was announced by an Indian minister at the end of December is now taking shape. The electric car manufacturer has established a subsidiary there under the name Tesla India Motors and Energy Private Ltd.

The company founded a few days ago, is based in Bangalore, capital of the southern Indian state of Karnataka and centre of India’s high-tech industry, according to information on the website of the Indian Ministry of Economic Affairs. India’s Business Today writes that three directors have been named for Tesla India Motors, two of whom hold high positions at parent company Tesla.

There is speculation in various media articles along with earlier indications suggesting that Tesla is also flirting with local production in India. According to Business Today, several states are said to have offered Tesla sites for a possible Gigafactory in the country. Among others, the state of Karnataka is said to be in talks.

The fact that Tesla is now getting serious about the long-delayed market launch in India was already indicated shortly before the end of 2020: The Indian cabinet minister responsible for transport, Nitin Gadkari, told The Indian Express at the time that Tesla would begin operations in the country in early 2021: Tesla would first start selling imported vehicles and, depending on demand, would also consider production in India. Orders for the Model 3 in India could start as early as a few weeks from now, but deliveries are not expected to begin until the second half of 2021.

electrek.co, teslaclub.in, businesstoday.in

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Found on electrive.com
https://www.electrive.com/2021/01/13/tesla-launches-subsidiary-in-bangalore-ahead-of-india-launch/
13.01.2021 12:01