Can Wireless & Fast Charging Transform India’s EV Landscape? (Representational Image) (Photo: Linkedin) Despite subsidy cuts, India’s EV industry grew by 41% in FY24 with 1.6 million registrations, thanks to advanced charging tech like wireless & fast charging. The Indian EV industry witnessed a sharp 41 percent growth in EV sales in FY24, despite the … Read more
Tesla shares fell for a seventh straight day, reaching their lowest since January 2023, as further price cuts over the weekend added to mounting concerns heading into the company’s first-quarter earnings report Tuesday. The stock dropped 3.4% on Monday to close at $142.05, bringing its decline for the year to 43%, second worst among members … Read more
Concluding what Ontario Premier Doug Ford is calling the “largest deal in Canadian history,” Honda is expected to announce later this week a multi-billion dollar commitment to build electric vehicles and their parts in Ontario, government sources have told CBC News. The senior government sources, who spoke to CBC News on condition of confidentiality because they weren’t authorized … Read more
Christian Lindner (FDP), Federal Minister of Finance, is on his way to a bilateral meeting with US Treasury Secretary Yellen at the headquarters of the World Bank. Bernd von Jutrczenka | Picture Alliance | Getty Images German carmakers do not have to fear competition from China and are still considered the best in the world, … Read more
Last Updated: April 19, 2024, 17:20 IST MG Motor India Partners With Epsilon Group For Green Mobility Revolution. (Photo: MG Motor) This strategic alliance, announced through a memorandum of understanding (MoU), involves two subsidiaries of the Epsilon Group – Power EV and LICO. MG Motor India has joined forces with the Epsilon Group, stepping up … Read more
Alef Aeronautics wants to start delivering its $300,000 Model A flying car to customers by 2025. Source: Alef Aeronautics What if flying around in an electric vehicle is a key part of the way you travel in the future? That’s what dozens of companies around the world are betting on. EVTOLs, or electric vertical take-off … Read more
As the electric vehicle industry faces a string of high-profile failures, several startups that have surfaced in recent years have underestimated their capital needs by billions of dollars, industry insiders said. Many of the companies that have tried to bring products to market or go public, especially through Special Purpose Acquisition Companies, or SPACs, are … Read more
Tesla cars have the coolest customizable features, autonomous capabilities, and fast acceleration to top speeds. However, given the dynamic rules around EVs and emerging rival competition, Tesla cars and feature stacks often undergo price adjustments and changes. The pricing difference between the models can vary widely though. Besides the host of environmental benefits, buying an … Read more
The Chinese leader was responding to an investigation Brussels launched last year into Beijing’s electric vehicle subsidies. More recently the European Commission has announced a probe into state support for Chinese wind turbines being pitched for European generation projects, which followed similar checks on rail and solar projects. He told Scholz, who was in China … Read more
Rows of new Tesla cars are seen in a holding area near a customer collection point on April 15, 2024. Leon Neal | Getty Images Tesla executives Drew Baglino and Rohan Patel announced Monday they are leaving the electric vehicle maker and clean energy company. CEO Elon Musk thanked both departing execs on X, the … Read more
