Tesla proposes building battery storage factory in India

Tesla has drawn up plans to make and sell battery storage systems in India and submitted a proposal to officials seeking incentives to build a factory, two people aware of the plan said, as Elon Musk continues a push to enter the country.

Tesla has been in talks about setting up a new electric vehicle (EV) factory in India to build a car priced around $24,000 for weeks, with discussions overseen directly by Prime Minister Narendra Modi. Its renewables push, however, has not been reported so far.

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