HomeNewsVideosBusinessCompaniesTesla Scouts Sites for Massive EV Plant Investment | What Are The Potential Locations?

Tesla Scouts Sites for Massive EV Plant Investment | What Are The Potential Locations?

Tesla is planning to send a team to India in April to identify suitable locations for an electric vehicle (EV) manufacturing plant, as per a report from the Financial Times. The proposed plant's value is estimated to range between $2 billion to $3 billion. The team's focus will be on states like Maharashtra, Gujarat, and Tamil Nadu, which are already established as automotive hubs. This move comes amid Tesla's persistent efforts to enter the Indian market over the past few years. Watch for more details.

April 04, 2024 / 21:01 IST
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Moneycontrol News
first published: Apr 4, 2024 09:01 pm

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