{"id":77553,"date":"2023-05-22T01:02:26","date_gmt":"2023-05-22T01:02:26","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/05\/22\/tesla-is-eyeing-indias-ev-incentives-and-spains-repsol-invests-in-italian-renewables\/"},"modified":"2023-05-22T01:02:26","modified_gmt":"2023-05-22T01:02:26","slug":"tesla-is-eyeing-indias-ev-incentives-and-spains-repsol-invests-in-italian-renewables","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/05\/22\/tesla-is-eyeing-indias-ev-incentives-and-spains-repsol-invests-in-italian-renewables\/","title":{"rendered":"Tesla is eyeing India\u2019s EV incentives and Spain\u2019s Repsol invests in Italian renewables"},"content":{"rendered":"<p><strong>Tesla held talks with Indian officials over incentives offered to car and battery <\/strong><strong>makers who sell and export locally made vehicles and parts<\/strong>, <a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/tesla-discussed-incentive-scheme-auto-sector-with-indian-officials-source-2023-05-18\/\">Reuters<\/a> reported on Thursday, citing a source with knowledge of the matter. The talks come after the US electric vehicle manufacturer proposed establishing a factory in the country to build EVs, with plans to manufacture EV batteries also discussed. The Indian government has set aside USD 6 bn under a program to boost the manufacturing and sale of EVs. Tesla is \u201cstill testing the waters and trying to understand the local policies,\u201d the source said. The revival of the talks come a year after talks between Tesla and the Indian government faltered on the back of the EV maker\u2019s focus on lobbying to lower import taxes on cars, which can be as high as 100%.<\/p>\n<p><strong>Spain\u2019s Repsol to invest USD 550 mn in renewables in Italy: <\/strong>Spanish oil and gas company Repsol is looking to invest EUR 500 mn (c. USD 550 mn) to develop 1.7 GW of clean energy in Italy, executive managing director of the company\u2019s low carbon division Joao Costeira told <a href=\"https:\/\/www.reuters.com\/sustainability\/repsol-invest-550-mln-first-italian-renewable-projects-2023-05-17\/\">Reuters<\/a> last week. Repsol is reportedly looking to allocate <a href=\"https:\/\/www.reuters.com\/business\/energy\/repsols-profit-beats-forecasts-buoyed-by-high-oil-gas-prices-2023-02-16\/\">nearly a quarter<\/a> of its capital spending to increase its renewables generation capacity from the current 2 GW to 6 GW within two years and up to 20 GW by 2030.<\/p>\n<p><strong>OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n<ul>\n<li><strong>Boeing <\/strong>will roll out a <strong>data modeling tool <\/strong>to map out a path for the aviation industry for <strong>achieving carbon neutrality by 2050<\/strong>. The tool allows airlines and governments to adjust different variables \u2014 including the use of sustainable aviation fuels and electric planes \u2014 to see how these variables can help them achieve their net-zero goals. (<a href=\"https:\/\/www.reuters.com\/sustainability\/boeing-launches-data-tool-chart-path-net-zero-emissions-target-2023-05-17\/\">Reuters<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Tesla held talks with Indian officials over incentives offered to car and battery makers who sell and export locally made vehicles and parts, Reuters reported on Thursday, citing a source with knowledge of the matter. The talks come after the US electric vehicle manufacturer proposed establishing a factory in the country to build EVs, with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":77554,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[71],"tags":[70,11,64,260,88,453,192],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-77553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world","tag-around-the-world","tag-enterpriseclimate","tag-evs","tag-india","tag-renewables","tag-spain","tag-tesla","wpautop","entry"],"acf":{"mongo_id":"e9e5736b-ad62-4108-b859-467497597748","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/7\/231.jpg","photo_position":"above","related_issue":[77523],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tesla is eyeing India\u2019s EV incentives and Spain\u2019s Repsol invests in Italian renewables - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/05\/22\/tesla-is-eyeing-indias-ev-incentives-and-spains-repsol-invests-in-italian-renewables\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tesla is eyeing India\u2019s EV incentives and Spain\u2019s Repsol invests in Italian renewables\" \/>\n<meta property=\"og:description\" content=\"Tesla held talks with Indian officials over incentives offered to car and battery makers who sell and export locally made vehicles and parts, Reuters reported on Thursday, citing a source with knowledge of the matter. 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