Source: Reuters (via feed)
Tesla is preparing to enter India’s industrial energy storage market, according to a job ad on its website. The move places the company in competition with firms controlled by Mukesh Ambani and Gautam Adani. These companies are involved in the energy storage sector as the grid moves toward cleaner power. The job advertisement shows Tesla’s intention to expand into this area within India.
BizTrendWire Insight:
Tesla’s planned entry into India’s energy storage sector introduces a new competitor in an evolving market segment.
Tesla’s planned entry into India’s energy storage sector introduces a new competitor in an evolving market segment.
