The rise of Hosur: Tamil Nadu, Karnataka, and the race to lure EV makers — Ather to Ola Electric

Municipal office in Hosur, Tamil Nadu. The city has been seeing investments by EV players. Image


A plethora of states want to host the future of automobile manufacturing. Some have taken an early lead to corner jobs of tomorrow. With TVS and Ather already there and Ola just a few hours away, Hosur is likely to see more action around EVs. But there is still time for other places to step up their game.

In September of 2014, Nevada in the United States won the race to house Tesla Motors’ GigaFactory. It pipped the likes of Arizona, Texas, and New Mexico that had made it to the ‘final’ list of contenders for Elon Musk’s mega battery and electric vehicle (EV) manufacturing project.For Nevada, winning didn’t come cheap. Controversially, the biggest carrot that was dangled in front of Musk was USD1.3 billion in tax incentives over 20 years, which

  • SAVE

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Already a Member?

Special Offer on ET Prime

Subscribe to ET Prime – Get Flat 20% Off

View Plans

Special Offer on ET Prime

Subscribe to ET Prime – Get 25% Off

View Plans

Special Offer on ET Prime

Subscribe to ET Prime – Get 25% Off

View Plans

Why ?

  • Sharp Insight-rich, Indepth stories across 20+ sectors

  • Access the exclusive Economic Times stories, Editorial and Expert opinion

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Automobile News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TechAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More