Tesla signs deal with Tata Group to buy semiconductor chips

It has been reported that 'Tesla' has entered into an agreement with 'Tata Electronics' to purchase 'semiconductor chips,

semiconductor chips

US-based electric vehicle company Tesla has been trying to enter the Indian market for a long time. The company's CEO Elon Musk is said to be visiting India later this month and will meet Prime Minister Modi.

He is expected to announce major investment decisions such as setting up Tesla Electric Vehicle Industrial Road in India and launching Starlink.

Tesla manufactures its own electric motor, battery and charger. Other parts of the wheel are manufactured by contract manufacturers. After the Corona pandemic, the company started sourcing parts from other countries besides China.

Tesla is planning to set up an electric vehicle distribution chain in India that includes electronic devices and components for electric vehicles.

Following this, sources informed that Tesla has entered into an agreement with Tata Electronics to purchase semiconductor chips.

Tata Electronics has semiconductor manufacturing facilities in Tamil Nadu, Gujarat and Assam. 1.16 lakh crore has been invested in semiconductor technology.

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