Tesla, America’s largest electric car maker, will begin operations in India next year. Tesla will explore the possibility of setting up a manufacturing unit in India based on demand. Minister for Ministry of Road Transport and Highways Nitin Gadkari said this on Monday.
Union Minister Nitin Gadkari has been pushing for green fuels and electric vehicles to reduce India’s massive oil imports of Rs 8 lakh crore. Tesla Inc. Its co-founder and chief executive officer (CEO) Elon Musk announced in October that the company would hit the Indian market in 2021.
Union Minister Nitin Gadkari said, US-based carmaker Tesla will open a distribution center for its cars in India from next year. Depending on the demand, the company will also consider setting up its manufacturing plant here. India has the potential to become the world’s largest electric vehicle manufacturer in the next five years.
The Union minister said India is committed to reducing carbon emissions by 30 to 35 per cent by 2030. At the same time, India is trying to reduce crude oil imports by Rs 8 lakh crore. In such a situation we are focusing on electric vehicles including green fuel and electricity. Union Minister also said that India is a country with electricity surplus and the possibilities of benefits of e-mobility solutions are wide here.
Nitin Gadkari said, the center aims to increase the share of electric vehicles in private vehicles to 30 percent by 2030. In addition, it aims to increase it to 70 per cent in commercial vehicles, 40 per cent in buses and 80 per cent in two-wheelers and three-wheelers. The government will give various incentives for this. He said that the government’s plan to encourage electric vehicles All the 69,000 petrol pumps across the country have to install at least one e-charging kiosk.