Tesla to set up electric car manufacturing unit in southern India

Musk has tweeted several times about the company’s impending foray into India. In December, the Tesla CEO confirmed in an exchange on Twitter that Tesla will launch in the country in 2021.

India has been keen to reduce its oil dependence and cut down on pollution, but its efforts to promote electric vehicles have been stymied by a lack of investment in manufacturing and infrastructure such as charging stations.

To boost investment, India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities, Reuters reported last year.

The factory will add to Tesla’s growing roster of international facilities, with plants already up and running in Fremont, California and the Netherlands, as well as ‘gigafactories’ in Shanghai and Berlin, and an even larger ‘terafactory’ under construction in Austin, Texas, where it is expected the company will build the Tesla Cybertruck, Tesla Semi-truck and Tesla City bus.