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Tesla discussed ‘car, battery-making incentives with Indian officials’

The proposal comes after talks between Tesla and India were deadlocked last year over the car maker’s request to lower the import tax on cars

Tesla discussed ‘car, battery-making incentives with Indian officials’

Tesla Inc. asked how it could take part in domestic incentives in India related to car and battery manufacturing when it held discussions with government officials this week, a source with direct knowledge of the talks said.

The electric car maker proposed setting up a factory in India to build electric vehicles (EV) and also discussed plans to locally manufacture EV batteries, the person said.

The proposal comes after talks between Tesla and India were deadlocked last year over the car maker's request to lower the import tax on cars, which can reach as much as 100 per cent. India wanted the car maker to build vehicles locally but Tesla wanted to test the market first with imports.

Tesla also discussed India's import taxes on cars but talks mainly centred around understanding the local policies and incentives to set up a new factory, said the source, who declined to be named as the talks were private.

In May last year, Tesla founder Elon Musk tweeted that his company "will not put a manufacturing plant in any location where we are not allowed first to sell & service cars.”

His comment followed Union Road Transport and Highways Minister Nitin Gadkari's statement that if Tesla was ready to manufacture vehicles in India, then there was ‘no problem’ but the company must not import cars from China.

Previously, heavy industries minister Krishan Pal Gurjar had said there could not be a situation where the market was India but jobs were created in China.

(With inputs from Reuters)

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US president Donald Trump announced on Thursday he was removing tariffs on Scottish whisky in honour of Britain's King Charles III and Queen Camilla as they completed their state visit.
The announcement came shortly after the royal couple ended their four-day trip to the United States, representing a major trade concession to Britain.

After bidding the British royals goodbye at the White House, Trump posted that he was making the gesture "in Honor of the King and Queen of the United Kingdom."

He said on his Truth Social network: "The King and Queen got me to do something that nobody else was able to do, without hardly even asking!"

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