New Delhi. Union Commerce Minister Piyush Goyal on Tuesday said he visited Tesla’s state-of-the-art manufacturing facility in Fremont, California, at a time when the center is reportedly reducing prices for imported electric vehicles (EVs) from the Elon Musk-run electric car company. Is considering the request to.
Goyal posted on X that it was “extremely great to see talented Indian engineers and finance professionals working in senior positions and contributing to Tesla’s remarkable journey to transform mobility.”
The Union Minister said, “Tesla is also proud to see the increasing importance of auto component suppliers from India in the EV supply chain. It is on track to double its component imports from India. Missed Elon Musk’s magnetic presence and wish him a speedy recovery. ,
The Tesla owner apologized to Goyal that he could not meet him due to ill health.
Musk replied, “It was an honor to have you visit Tesla! “I’m sorry I can’t travel to California today, but I look forward to meeting you at a future date.”
Goyal and Musk were scheduled to meet during the minister’s visit to the US, months after the SpaceX and SpaceX boss met Prime Minister Narendra Modi in the US and revealed that he was keen to make significant investments in India. .
According to the latest report by Financial Times, citing sources, the automaker has asked the Indian government for an initial tariff concession of 70 percent for cars priced below $40,000 in India and 100 percent for cars above $40,000. Will offset the heavy customs duty of 100 per cent.
“Their view has always been that they need some tariff concessions at least in the interim period,” the report quoted an official as saying.
Tesla has sought concessions as a condition for building a plant in the country.
The reduced tariff will be applicable to all EV manufacturers.
Officials said the lower rate under consideration would be 15 percent for EVs of all prices, but the policy has not yet been agreed upon within the government, the report said.
In September, reports emerged that Tesla was planning to build a factory for battery storage in India and had also submitted a proposal for the same to the government.
The electric car maker proposed to support the country’s battery storage capabilities with its ‘PowerWall’ during recent meetings.
Musk is also aiming to build a Tesla supply system in India.
–IANS
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Web Title-Piyush Goyal visits Tesla factory, ailing Musk apologizes for not being able to meet him
