JV offers for electric car
Minister of Road Transport, Highways & Shipping Nitin Gadkari has offered to promote joint ventures between the global electric car manufacturers and the Indian automobile companies.
The offer, made to Telsa on July 15, 2016, is to introduce pollution free road transport, especially commercial and public motor vehicles in the country.
Speaking during a visit to Tesla factory near San Francisco, Gadkari said the government was committed to encouraging alternate pollution free transport in the country by providing incentives to bio-fuel, Compressed Natural Gas, Ethanol and electric vehicles.
The minister has asked senior executives at Tesla to submit a proposal to make India their Asian manufacturing hub and offered land near major Indian ports to facilitate export of their vehicles to South and South East Asian countries.
Gadkari learned about the battery packs that can store energy from the power grid and from solar panels.
Prime Minister Narendra Modi, during his last visit to Tesla, was also briefed how batteries and solar panels could be the future of electricity generation for India, particularly in rural areas.
Noting India as the most important market for a global manufacturing base outside the United States, Tesla executives said they were seeking locations for demonstrating the company’s battery expertise.
Tesla also sees India as a market for their next generation of low cost sustainable model cars, according to a Press Information Bureau release. fii-news.com
