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In a strategic move aimed at solidifying its supply chains before entering the Indian market, Texas-headquartered electric-vehicle (EV) manufacturer Tesla has asked its battery suppliers to initiate negotiations with the government to set up battery-manufacturing units in the country, Business Standard has learnt.
The move comes after Tesla’s chief executive officer (CEO), Elon Musk, announced his plans of entering the Indian market.
Panasonic Energy, one of Tesla’s top battery suppliers, has approached the Indian government on setting up a battery-manufacturing unit.
