Share the news on October 28 with wechat scanning QR code < / P > < p > to friends and circles of friends < / P > < p > according to foreign media reports, according to two Indian government sources, Tesla and LG energy Large battery manufacturers such as LG energy and Samsung Electronics have been invited to participate in the recruitment summit. India hopes to encourage battery manufacturers to enter the country's market and invest in local factories to develop domestic clean transportation and establish an electric vehicle supply chain. < / P > < p > < / P > < p > according to sources, Indian officials will start visiting the United States, Germany, France, South Korea and Japan next month We hope to persuade large battery manufacturers to set up production lines in India. Tesla, LG energy and Samsung have been invited to participate in the event, although the complete list of other battery manufacturers has not been drafted or confirmed. Northvolt, Panasonic and Toshiba will also be invited targets of the summit. < / P > < P > such meetings are part of a broader plan to promote battery manufacturing efforts in India. The country is ready to commit to Indian companies that produce batteries provide us $2.4 billion in subsidies. However, these companies must establish 5gwh storage capacity and meet certain conditions before they are eligible for subsidies, such as an investment of US $850 million. < / P > < p > at present, Indian companies such as Reliance Industries, Adani group and Tata group have expressed interest in building factories in India, but other companies are not interested in it. Indian electric The market share of automobiles is very small. Only 5000 electric vehicles were sold in the country last year. In 2020, India sold a total of 2.4 million cars. < / P > < p > however, the growth is accelerating due to government subsidies for automobile manufacturers and electric vehicle buyers. India plans to account for 30% of the total sales of automobiles and 40% of the total sales of electric motorcycles and scooters by 2030. This is expected to drive a surge in battery demand, which currently accounts for 35% to 40% of the total cost of vehicles, but can be reduced through local production. < / P > < p > due to the insufficient demand for electric vehicles in India, companies are focusing on building battery production lines in markets where electric vehicles gain attraction and power, such as the United States and Europe. < / P > < p > according to sources, even if India can convince one "Inviting multinational companies to India shows that the country takes the battery manufacturing industry very seriously and that these companies will bring better technology, quality and safety standards," he said < / P > < p > since the beginning of 2021, Tesla has been in contact with Indian officials to try to enter the Indian market. However, since neither side has realized their demands, the process has not moved forward as expected. < / P > < p > Tesla hopes to test the scheme of selling electric vehicles to India from other factories, but Indian officials are not interested in reducing high import tariffs, even if it does not Help to reduce the price of Tesla cars. India hopes Tesla will promise to build factories in the country before considering tariff reduction, but Tesla is unwilling to promise to build factories before demand statistics and research are completed. < / P > < p > Tesla and India are still trying to reach an agreement, and may eventually allow Tesla to test demand by reducing import tariffs. However, Tesla will also have to Compromise. (small) < / P > < p >