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

Thank you, Mr. Air, a CTOnews.com netizen, for the delivery of the trumpet of a salted fish! CTOnews.com, July 24 (Reuters)-according to a person familiar with the matter, Tesla will meet with the Indian Minister of Commerce this month to discuss plans to build a factory in India to produce a brand new $24000 electric car (CTOnews.com Note: about 173000 yuan currently).

Tesla has expressed interest in building a plant in India to produce low-cost electric vehicles (EV) for the local and export markets, which the company has said will be an entirely new model, the person said.

When Elon Musk met with Indian Prime Minister Narendra Modi in June, Musk said at the time that he intended to make major investments in India.

According to a report by the Times of India earlier this month, the $20,000 electric car that Tesla mentioned when discussing potential Indian factories will be 25 per cent cheaper than its current lowest-priced model, the Model 3.

Tesla executives visited India and held talks with officials about setting up a car and battery manufacturing base in India, Reuters reported in May. Discussions with Indian government officials in New Delhi will resume this month, two people familiar with the matter said. As part of the discussion, Tesla representatives will meet with Indian Commerce Minister Piushi Goyar and are expected to discuss the establishment of an electric vehicle supply chain and the allocation of factory land, one of the people said.

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