Bangalore Electric Vehicles

Marking its official entry in India, electric car company Tesla Inc. has registered its office in Bengaluru as Tesla Motors India & Energy Pvt Ltd. The company, aiming to setup manufacturing plants and R&D units in India, currently has an authorized capital of Rs 15,00,000 and Rs 1,00,000 paid-up capital. While the manufacturing location is yet to be decided, Tesla has appointed Vaibhav Taneja, Venkatrangam Sreeram and David Feinstein… read-more