The Electric: EV Makers Eye India as Their Next Big Market

Major automakers have largely shunned India when it comes to investing in electric vehicle (EV) assembly plants and battery gigafactories.
However, some leading industry players, including Tesla, Byd, Fisker Motors, Nissan, and Renault, have shown interest in manufacturing EVs and batteries in India.
India has become the world's third-largest auto market and surpassed China as the most populous nation.
The Indian government recently blocked Byd's proposal, potentially due to geopolitical tensions between India and China.
Tesla CEO Elon Musk has expressed optimism about India's EV potential, stating that it has "more promise than any large country in the world."