Electric Automaker Tesla Might Set Up its Next Gigafactory in India
【Summary】Tesla might set up its next Gigafactory in India. According to reports, the California company is already headhunting candidates for top management positions and is close to finalizing the location for its first retail outfit in the country.
In the fall of 2018, electric automaker Tesla was actively drafting strategies to expand its operations across Asia. The company enforced its plan of action by establishing its first-ever overseas Gigafactory in eastern China. In November 2018, we reported that Tesla Chief Executive Elon Musk was considering establishing a presence in India as well.
According to Musk's tweet, Tesla was working on finalizing a list of countries where it would eventually set up its new operations. The CEO also hinted that Tesla might enter India as early as 2019 even though at the time, the company was only focusing on developing its existing network in China, the U.S., Eastern Europe and Japan.
Musk confirmed Tesla's plans for India in a Dec 2020 tweet announcing that the EV manufacturer will establish a presence in the country by 2021.
Earlier this year, Tesla incorporated a sub-brand called Tesla Motors India. According to industry reports, the EV manufacturer is close to finalizing the location for its first retail outfit in India and is already headhunting candidates for top management positions.
However, there has been no official word from Tesla on how the company is advancing its plans in the country. Some industry insiders speculate that Tesla will likely kick things off by selling the Model 3 in India, which the company will import. The next step would be for Tesla to set up a production facility in the South Indian state of Karnataka.
Tesla is also receiving plenty of support from India's government bodies. The country's Transport Minister, Nitin Gadkari, went on record to claim that the California company will receive attractive incentives to establish a production facility in India.
Gadkari said that Indian government will do everything in its power to make sure that Tesla's production costs are lower than any other country in the world, including China.
As part of the incentives offered by the Indian government, Tesla will be able to develop its vendor network in the country and institute industrial clusters in India.
Gadkari also proposed that over the course of the next couple of years, India will be capable of developing electric vehicles of its own that will be built to match Tesla's standards.
Considering the success of other models like Ford Ecosport which are exported from India and the fact that Tesla already sources a wide range of components from the country, conditions in India seem conducive for Tesla's next gigafactory.
Tesla currently produces vehicles in California and China and two new factories are under construction in Germany and Texas.
Manish Kharinta is a automotive writer based in the Los Angeles area. He has worked for automotive industry websites TheSmokingClutch.com, CarDekho.com and CarBikeindia.com. His experience ranges from covering auto shows, to car reviews and breaking automotive news. Manish aims to bring forth his unique perspective on automotive design and technological innovations in the automotive industry.
Ford's Lincoln Star Concept Offers a Glimpse into the Electric Future of the Luxury Brand
GM's New 'Plug And Charge' Feature Will Simplify the Charging Process For its Current & Future EVs
Volvo is Building a New EV Service and Training Facility at its U.S. Headquarters in New Jersey To Fast Track its Electrification Plans
Honda's New EV Friendly Retail Plans Hint at the End of Mega Dealerships
Volvo Cars and Epic Games to Partner on a High-Resolution 3D Digital Driver’s Display Powered by the Unreal Engine
Here's One Way Lucid Motors Made the Air Sedan More Spacious for Passengers
The 2023 Polestar 2: Delivery Updates, New Pricing, Color Options and New Tech
The Genesis X Speedium Coupe EV Concept Debuts in New York City
- California Startup Orbis Brakes Debuts its Revolutionary 'Periodic Wave' Brake Line Developed in Collaboration with NASA
- The NIO ET7 Will Come Standard With an Advanced Dolby Atmos-Powered Sound System Co-Developed With Audio Pioneer Dirac
- Ford to Use Lithium Iron Phosphate Batteries for the First Time as it Aims to Produce 600,000 EVs a Year in 2023, Sets Up Global Supply Chain
- US-listed LiDAR Developers Velodyne and Ouster to Merge in an All-Stock Deal
- General Motors Announces a Key North American Nickel Supply Deal for Electric Vehicle Batteries
- China Added 963,000 Electric Vehicle Charging Piles Since January in its Push to Lead the World in EV Sales
- Qualcomm Technologies and Renault Group to Jointly Develop a Centralized, Software-Defined Vehicle Architecture for the Automaker’s Future Electric Models
- BMW to Test a New Battery in the iX Electric SUV Developed By Michigan Startup Our Next Energy Inc. That Can Deliver 600 Miles of Range
- Volvo Offers a Sneak Peak of its New Flagship EX90 Electric SUV Ahead of its Upcoming Reveal on Nov 9
- EV Charging Provider Electrify America Raises $450 Million, Siemens to Become a Minority Shareholder