Tesla targets India to build 2-3 billion electric cars. Tesla will send a team to India to evaluate possible sites for a $2-3billion electric car plant.
India has reduced duties on electric cars imported and produced by companies that undertake to produce them in the country within three years. The Financial Times reports this, citing some sources, according to whom the search for a suitable area for construction comes after India has reduce duties onElectric cars imported by companies who undertake to production them in India.