Shulou(Shulou.com)11/24 Report--

CTOnews.com, July 13, according to the Times of India and other media, Tesla has begun to discuss an investment proposal with the Indian government to build an automobile factory in the country with an annual production capacity of up to 500000 vehicles. It is said that the Indian Ministry of Commerce has held negotiations with Musk on the matter.

Tesla is also considering using India as an export base and plans to transport cars to Indo-Pacific countries, the report quoted government sources as saying.

It is worth mentioning that in a meeting with Musk last month, Indian Prime Minister Narendra Modi also said the carmaker would make "significant investment" in the country.

It is said that Tesla's new plant in India will be used to produce the rumored "25000 US dollars" low-cost electric car (Model 2 / Q), starting at 2 million rupees (CTOnews.com Note: about 175000 yuan) in India.

According to previous revelations, the low-cost electric model will be the first to be mass produced in a Mexican super factory, which may not be completed by then.

According to previous foreign media analysis on Model 2, the production time cost of the new car will be reduced by about 15% compared with Model 3, the weight will be about 30%, the battery will be about 25% smaller, and the cost can be reduced by 37%, but it can still make a profit of about 20% even if the price is 150000.

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