American government-owned electric car maker Tesla There is no plan to bring any separate policy to encourage, a government official said. The official said Tesla could apply for support under the Production-Linked Incentive (PLI) scheme for vehicles or advanced chemistry cells. The government has already launched the PLI scheme for Advanced Chemistry Cell (ACC) battery storage at a cost of Rs 18,100 crore. Also, a PLI scheme of Rs 26,058 crore has been brought in for the automobile, auto parts and drone industries.
The government cannot make a separate policy for any company
The official said, “We have told Tesla that the policies already in place for everyone, can be applied under. He is welcome. Generally the policy is same for all. Government cannot make a separate policy for a company. There is no plan to specifically treat them in such circumstances.” Representatives of Panasonic, Tesla’s largest battery supplier, have met us, the official said. ”They said they wanted to make batteries. We advised them to apply under PLI ACC Battery.
Demand to reduce import duty on electric vehicles
The government last week invited fresh bids under the PLI scheme for developing 20 gigawatt-hours (GWh) of advanced chemistry cells. Tesla representatives visited the country last month to meet with officials from various ministries, including commerce and industry. The American electric car maker had demanded a cut in import duty on electric vehicles in India in 2021.
Elon Musk met Prime Minister Narendra Modi in New York last month
Currently, cars imported as completely built units (CBUs) attract 60 to 100 percent duty depending on engine size and cost, insurance and freight (CIF) value. Elon Musk, the head of the world’s largest electric car company Tesla Inc, met Prime Minister Narendra Modi in New York last month. After meeting the Prime Minister, Musk said he plans to visit India in 2024.
Tesla is an American multinational automotive and clean energy company headquartered in Austin, Texas. Tesla designs and manufactures housings for electric vehicles (cars and trucks), grid-scale stationary battery energy storage devices, solar panels, and more. Tesla is one of the world’s most valuable companies and the world’s most valuable automaker by 2023. In 2022, the company will lead the battery electric vehicle market with an 18% share
History of Tesla
The company was incorporated as Tesla Motors, Inc. on July 1, 2003 by Martin Eberhardt and Mark Terpening. was established as Eberhard and Tarpenning serve as CEO and CFO, respectively. Eberhard said he wanted to create “a car manufacturer that is also a technology company”, whose core technologies are “batteries, computer software and proprietary motors”. Ian Wright was Tesla’s third employee, joining a few months later. In February 2004, the company raised US$7.5 million (equivalent to $12 million in 2022) in Series A funding, including $6.5 million (equivalent to $10 million in 2022), who received $100 million from the sale of his interest in PayPal two years earlier. Musk became Tesla’s chairman of the board and largest shareholder. JB Straubel joined Tesla in May 2004 as Chief Technical Officer. A lawsuit settlement agreed to by Eberhard and Tesla in September 2009 allows the five – Eberhard, Terpening, Wright, Musk and Straubel – to call themselves co-founders.
Tesla car model
Model S
It is a five door liftback sedan. As of June 2020, the Model S Long Range Plus had an EPA range of 402 miles (647 km), the most of any battery electric vehicle at the time. Deliveries started on 22 June 2012. The Model S was the best-selling electric car worldwide for 2015 and 2016, with an estimated 50,931 units sold (2016).
Tesla Model X
The Tesla Model X is a mid-size crossover SUV. It is offered in 5-, 6- and 7-passenger configurations. The rear passenger doors open vertically with an artistic “falcon-wing” design. Deliveries began in September 2015.
Tesla Model 3
The Model 3 is a four-door fastback sedan. A week after its unveiling in 2016, Tesla reported more than 325,000 reservations. Bloomberg News claimed that, due to the number of reservations, “the unveiling of the Model 3 was unparalleled in the 100-year history of the mass-market automobile.” Limited production began in July 2017. In March 2020, the Model 3 broke sales records for electric vehicles. Cumulative sales crossed 10 lakh in June 2021. The Model 3 ranked as the best-selling electric car in the world from 2018 to 2021 and the best-selling electric car in the United States from 2018. The Model 3 was the best-selling passenger car. Norway and the Netherlands in 2019.
Tesla Model Y
The Tesla Semi is an all-electric Class 8 semi-trailer truck. As of June 2023, the company was producing only 5 units per week and due to limited availability of the required 4680 battery cells, mass production is not expected until 2024. The company delivered its first unit to PepsiCo in December 2022. At the time of the announcement, the trucks will support PepsiCo plants in Sacramento and Modesto, California.
