Tesla Plans Battery Storage Factory in India for Expanding Operations
TL;DR Summary
Tesla has submitted a proposal to Indian officials to build a battery storage factory in India, as part of its broader plans to expand its presence in the country. The proposal includes the introduction of Tesla's Powerwall, a system that can store power from solar panels or the grid for use during outages or at night. While the Indian government has conveyed that incentives for the factory may not be available, they could offer subsidies to customers purchasing Tesla's battery storage systems. The plan is still under review, and Tesla is keen to find residential and industrial customers for its products in India.
- Exclusive: Tesla proposes building battery storage factory in India Reuters
- Tesla is eyeing another huge expansion TheStreet
- Elon Musk's Tesla To Launch Battery Storage Factory In India | Business Plus | News9 NEWS9 Live
- Tesla mulls battery storage plant alongside EV production in India: report TESLARATI
- View Full Coverage on Google News
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
3 min
vs 4 min read
Condensed
86%
726 → 103 words
Want the full story? Read the original article
Read on Reuters