Tesla and Reliance Industries are in talks about forming a possible joint venture with the goal of constructing manufacturing facilities in the nation.
Although Reliance Industries’ precise participation is yet unclear, it is anticipated that it will have a significant impact on the establishment of it’s manufacturing site and related ecosystem in India.
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Additionally, it has been rumored that Tesla Motors would be visiting the nation later this month to find potential sites for its first $2–$3 billion factor partnership for EV manufacturing in India.
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After more than a month, discussions are still in the early stages. Tesla and Reliance Industries are in talks about forming a possible joint venture with the goal of constructing manufacturing facilities in the nation. They are in talks about forming a possible joint venture with the goal of constructing manufacturing facilities in the nation.
About Tesla
Tesla, Inc. is a multinational American automotive and renewable energy corporation that designs, manufactures, and markets electric vehicles, solar panels, solar shingles, stationary battery energy storage systems ranging from residential to grid-scale, and related goods and services.
About Reliance
Reliance Industries Mumbai serves as the corporate headquarters of the Indian multinational corporation energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles are among its industries.
