Tesla may set up battery unit in India - lithium ion battery for solar storage

Elon Musk, founder of Esla, said the company may set up a factory in India to produce lithium-ion batteries.
"Given the high local demand, the Gigabit plant in India may make sense in the long run," Musk wrote on Twitter . ".
If the plan is implemented, it will push Prime Minister Modi to push Tesla to share battery technology and power households in rural India.
Last month, Modi visited the Tesla campus in Silicon Valley to discuss with Musk the possibility of building batteries
In order to solve the electricity problem in India, convenience and initiatives are provided in other renewable energy technologies.
Modi has set an ambitious goal to generate 100 watts of solar power by 2022.
As of October 22, India had built four solar power plants with a total capacity. 57 Gw.
According to a study by Deqin and the Indian Federation of Industries, the country has the potential to generate 759 gigawatts of solar energy.
Tesla has built a power storage device, PowerWall.
However, the cost is relatively high and the production capacity is relatively low.
Still, with India pushing renewable energy technologies such as solar energy to low
Cost-effective power storage.
Currently, Nevada is building a gigabit battery plant that will produce more than the world's total this year. The lithium-
The ion batteries that will be produced there will power Tesla cars and power walls.
Musk said the import tax on Tesla cars was prohibitive.
Hope there is a special category for electric vehicles (electric vehicles. . .
Most of our discussions (with Modi) are about batteries.
Industry experts say a large lithium-ion battery plant will cut prices and increase large-scale use, which is critical to storing renewable energy generated through solar or wind energy.
Vineet Mittal, general manager of Welspun Energy, said India's storage requirements for battery technology are even higher than those in developed countries.
"Anyone with disruptive battery storage technology, whether Tesla or Panasonic, is welcome to offer battery storage at a price-effective price point.
India needs this distributed power generation in terms of renewable energy and electrified rural areas, "said Mittal, who is also the chair of the Assocham solar task force.
Ather Energy in Bengaluru-
Flipkart founders Garmin and Binny Bansal are investing in electric car manufacturers who expect the Tesla plant to spur more investment in the country's battery plants.
"The fact that Tesla is coming to India is going to be a bigger PR thing.
If you take 5 years and Tesla needs to build a gigabit factory in a place like India, we will see more activities.
Not just the Tesla family.
We will see more players join us . "
Founder and CEO of Ather Energy.
"Without many people realizing this, battery production will be the biggest industry in the next decade.