India asks Elon Musk to build e-vehicles: Union Minister Nitin Gadkari addressed the Modi government’s position on Tesla’s aspirations for India on Tuesday. While Tesla, based in California, may build electric vehicles in India, the company must not import vehicles from China, according to him.
Who is Elon Musk?
Elon Reeve Musk is a businessman, entrepreneur, and investor born on June 28, 1971. Elon Musk is the founder, CEO, and Chief Engineer of SpaceX and an early-stage investor, Tesla, Inc.’s CEO and Product Architect, The Boring Company’s founder, and the co-founder of Neuralink and OpenAI.
Musk is the world’s wealthiest person, according to both the Billionaires Index, Bloomberg, and the Forbes real-time billionaires list, with an estimated net worth of approximately US $252 billion as of April 2022.
Recently, India asks Elon Musk to build e-vehicles.
Why should Elon Musk manufacture electric cars in India?
In January, Elon Musk, the founder and CEO of Tesla, indicated that the company was having various issues with the government while releasing its goods in India. However, he did not address the nature of the company’s problems.
Also Read: Worlds Richest man Elon Musk Buys Twitter for $44 billion – Rise to Twitter 2.0?
Tesla requested a reduction in import taxes on electric vehicles (EVs) in India last year.
The road transport and highways minister revealed that Musk was invited to come to India and manufacture.
Last year, the heavy industries ministry urged that Tesla begin manufacturing its well-known electric automobiles in India before contemplating any tax advantages.
Musk has been invited to come to India and manufacture by the road transport and roads minister.
After that, India asks Elon Musk to build e-vehicles.
What is a Tesla car?
Tesla Motors or Tesla Cars was formed to develop an electric sports car. Eberhard was Tesla’s CEO, and Tarpenning was the company’s CFO (CFO).
The company received funding from various sources, the most notable of which was PayPal co-founder Elon Musk, who committed more than $30 million to the new enterprise and began serving as chairman in 2004.
In 2008, Tesla Motors debuted its first vehicle, the all-electric Roadster. In testing, it achieved a range of 245 miles (394 km) on a single charge, a record for a production electric car.
Additional tests revealed that its performance was equivalent to that of many gasoline-powered sports cars. The Roadster could accelerate from 0 to 60 miles (96 km) per hour in less than four seconds and reach a high speed of 125 miles (200 km) per hour.
Carbon fiber was used to make the lightweight automobile body. The Roadster had no tailpipe emissions because it did not have an internal-combustion engine.
Tesla Motors discovered that the vehicle reached fuel efficiency ratings of 135 miles per gallon or 57 kilometers per liter. The car’s electric motor was powered by lithium-ion cells, which are routinely used in laptop computer batteries and can be recharged using a standard electrical outlet.
India asks Elon Musk to build e-vehicles, what is the current scenario of vehicles in India?
He noted that the country’s EV business has “only begun” and stressed that the government does not want to be a barrier. “However, the government’s top priority is safety, and there can be no compromise with human life,” Gadkari stated.
Gadkari went on to say that “my proposal to Elon Musk is, in India, he will get a good market and Indian market is quite enormous,” citing the phenomenal growth in India’s e-vehicle sector over the last few years. It’s a win-win situation for both of them.”
After India asks Elon Musk to build e-vehicles, Gadkari noted that India has all of the quality suppliers and vehicle spare parts available in China and that “it may be easier for him to build here in India and sell in India.” He will profit handsomely from this, and the economics are sound. I’ll invite him to move to India and start production there.”
In response to accidents involving electric vehicles, he stated, “In March and April, there is some difficulty with the batteries when the temperature rises.” We’ve formed an expert group to look into this and collect the reports. I believe it is a high-temperature issue. Now we’ve chosen to create standardized norms and standards for that.”
Gadkari stated that an electric car battery and cell testing mechanism is required.
In response to a question about high crude oil prices and the need to accelerate the transition to electric vehicles, Gadkari said, “Because of crude oil imports, we are experiencing critical economic challenges and pollution problems.”
Moreover, he added, “we import petroleum products worth Rs 8 lakh crores, and we must find alternatives along that line. The administration is considering all possibilities, and we hope to be able to provide an alternate solution (crude oil import) soon.”