An electric car company has set up a factory in India to produce its own vehicles.
The company, which has been running its first plant in Hyderabad, is the only one of its kind in the country.
The factory will have a capacity of 10,000 vehicles and will be equipped with 3,000 batteries and a range of over 1,000 kilometres (600 miles).
“The main goal is to be able to make electric vehicles as quickly as possible and at a lower cost,” says the head of the factory, K. Subramanian, according to a statement by the company.
“The company is looking at all the options for production and we will be open to any offers that may come in.”
Electric car startup, Tesla, announced plans to build a factory last year in China, which the US has warned is one of the world’s biggest and most aggressive market for electric vehicles.
Subs said the factory will also be able produce more than 10,500 electric cars per year, a figure which will increase by another 5,000 per year.
“In the future, our goal is not to make a profit, but rather to provide a better service to the public,” he said.
The US also wants to encourage other manufacturers to invest in developing electric cars.
Last month, it also said it was looking to encourage carmakers to invest more in electric vehicles, including by encouraging them to make their own batteries and other parts.