Musk and Modi are expected to discuss Tesla's ambitions in the country, setting up a manufacturing base and possible incentives for battery production.
Tesla's largest manufacturing base outside the U.S. is in China, and it's also working on a major facility outside Berlin. In March, Tesla unveiled plans toThe meeting comes as more U.S. multinationals look to diversify away from China and broaden their supply chain footprint. India's government also has ambitions to bring more electric vehicles to the country as it tries to play catch-up with China and Europe.
"In India and across all regions outside the three major EV markets, electric car sales are expected to represent 2-3% of car sales in 2023, a relatively small yet growing share," the IEA notes.
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