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Indian Auto Giant Ashok Leyland Wants To Team Up With Tesla For Electric Cars In The Country

Indian Auto Giant Ashok Leyland Wants To Team Up With Tesla For Electric Cars In The Country

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Tesla CEO Elon Musk has hinted about the company’s entry in the Indian automotive landscape a number of times. While there might be certain hurdles in the process, finding the right partner will not be one of them anymore for the American Electric car maker. Why? Indian auto major Ashok Leyland has extended a helping hand.

Ashok leyland, a renowned name in the Indian automobile market, has invited Tesla for a partnership to help the company set foot in India. The invite comes in the form of a recent statement given by Venkatesh Natarajan, Senior Vice President and Chief Digital Officer of Ashok Leyland, during the recently-concluded AWS India Summit. “We are open to Musk’s offer,” Natarajan said.

The partnership will, of course, involve other agencies as well, as has been hinted at by the senior executives of the firm. Tesla, however, is still to respond to the statement.

If and when such a partnership takes place, Ashok Leyland will have the right kind of backing for the world renowned Tesla vehicles. Ashok Leyland has already committed a total investment of Rs 400 cr to Rs 500 cr into its electric vehicle business over the next three to five years. The partnership, if it takes place, might constitute a majority of this investment.

Source: indiatimes
Anand Gupta Editor - EQ Int'l Media Network

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