Tesla has plans to build and market battery storage in India and has applied for government subsidies, Reuters has reported, citing unnamed sources close to the company. The news follows earlier reports that the EV maker was discussing the construction of an EV factory in the country. The proposed factory would have an annual capacity of half a million electric vehicles. These vehicles will be low-cost models, with a price tag of some $24,000, Reuters noted in its latest report. Initially, Tesla had plans to set up shop in India last year but scrapped…
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