- Tesla plans to manufacture and sell battery storage systems in India, seeking to support the country’s energy capacity with their solar power storing ‘Powerwall’ system.
- Despite requests for additional incentives being declined, the Indian government pledged to develop a fair business model by offering subsidies for buyers of these systems.
- In line with the company’s plan to widen its footprints in India beyond electric vehicles, Tesla is also in conversation about setting up a new electric vehicle plant in the country.
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