India reiterates pitch for Tesla to make electric cars locally

cars locally instead of selling China-made electric vehicles in the world's fourth-largest autos market as demand for clean transport surges.

India will consider Tesla's demand for a reduction in taxes only if it promises to buy US$500 million of auto parts from local suppliers and ramp up domestic sourcing by around 10 per cent to 15 per cent each year, people familiar with the matter said in February. Kia Corp. is bringing its first electric car to India later this year, while Hyundai Motor Co. has vowed to roll out six battery models by 2028 and launch its first electric crossover SUV, the Ioniq 5, this year.

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