Tata Power, Tesla in talks over setting up charging infrastructure: Report
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Tata Power, Tesla in talks over setting up charging infrastructure: Report
Reuters / Updated: Mar 12, 2021, 17:03 IST
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BENGALURU: Tesla Inc is exploring an arrangement with Indian conglomerate Tata Sons power generation unit, Tata Power, to set up charging infrastructure for electric vehicles in the country, CNBC-TV18 reported on Friday, citing sources.
Shares of Tata Power rose 5.5% to their best closing level since June 9, 2014 after the report, which comes as the Palo Alto-based electric-car maker gears up for an India launch later this year with plans to import and sell its Model 3 electric sedan in India.
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