The company is discussing the project with the Indian government. It is planned not only to produce batteries capable of storing energy from solar panels, but also to sell them in India.
American automaker Tesla intends to build a Powerwall energy storage facility in India as part of plans to expand its presence in the country. MarketWatch reported this.
The company is said to be discussing the project with the Indian government. It is planned not only to produce batteries capable of storing energy from solar panels, but also to sell them in India.
Reportedly, the manufacturer appealed to the authorities with a request to provide a number of benefits, but did not find support. At the same time, the Indian side is ready to offer subsidies to local buyers of Tesla energy storage devices.
Recall that the American manufacturer of electric cars Tesla Inc. in the second quarter of 2023, net income increased by 20% and revenue by almost one and a half times.
The media also wrote that $15 billion will be invested in the construction of a Tesla plant in Mexico.
Source: korrespondent
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