Co-founder, CEO and Product Architect at Tesla is reportedly in talks with the government to introduce electric card in India through the single-brand retail route. The single-brand retail route included 30% of mandatory sourcing of value of goods sold in the country. The news a comes almost a month after Elon Musk tweeted about temporary relief on import penalties.
“In discussions with the government of India requesting temporary relief on import penalties/restrictions until a local factory is built,” Elon Musk had tweeted in the month of June. The government is expected to extend a formal reply to Tesca in the nearing weeks. Elon Musk’s tweets also hinted Tesla’s plan of setting up a local plant in India.
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Prime Minister Narendra Modi had visited Tesla motors near San Francisco in 2015 in a bid to bring them to India. Tesla is not looking to take the import route as that entail over 100 percent duty. The development comes days after Union Minister for Road Transport and Highways, Nitin Gadkari pushed for electric vehicles. He affirmed that the vehicles that they export have a huge potential increase employment opportunities but pollution remained a concern.
“Public transport must start using electricity. It is very cheap, and people will benefit from it. We are a coal- and power-surplus country,” Gadkari said at the annual convention of the SIAM in Delhi. He had further said that the government has plans on bringing electric cars in India by 2030.
Elon Musk had first unveiled the preliminary version for Tesla Model 3 in California in an event that was attended by renowned personalities including Paytm’s Vijay Shekhar Sharma, venture capitalist Mahesh Murthy; GOQii’s Vishal Gondal, and Voonik’s Sujayath Ali.
