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.
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.
Updated Mar 12, 2021 | 16:37 IST
Tesla will set up an electric-car manufacturing unit in the southern Indian state of Karnataka, according to a government document seen by Reuters Tata Power and Tesla in talks over setting up charging infrastructure: Report
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.
Read more about Tesla in talks with Tata Power to set up EV charging infra in India: Report on Business Standard. The talks between Tata Power and Tesla are in the initial stages and no arrangements have been finalised yet, the report said
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Sun Yilei/Reuters
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 per cent to their best closing level since June 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.