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International Business Times UK

Vinay Patel

China Wins Elon Musk's Favour, But India Eyes Global EV Market Share

Elon Musk Tesla Inc. India China United States CATL electric vehicle NITI Aayog

While Tesla is prioritising China for its EV batteries, India has an opportunity to be at the forefront of the market. (Credit: Pexels)

China's dominance in EV and battery production is a pivotal factor in Tesla's ascent as the world's premier electric vehicle manufacturer. This is underscored by Tesla CEO Elon Musk, who recently emphasized the Super Power's increasing importance for his company. Despite this, India's potential for EV development remains a compelling prospect.

Just a week after delaying his visit to India, Musk prioritised China, traveling to Beijing to advocate for Full Self-Driving technology. This trip highlights China's crucial role as the world's most valuable electric vehicle maker in Tesla's global supply chain.

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