Electric News Tesla ramps up sourcing of components from India, could reach up to $1.9Bn this year India is quickly poising to be a greater area of interest for… Soumyadeep SarkarSeptember 13, 20232 minute read
Business Electric News Tesla unveils refreshed Model 3 with longer range and sleeker design Elon Musk’s EV maker Tesla has introduced a revamped version of its… Soumyadeep SarkarSeptember 1, 20232 minute read
Business China Electric News China’s Didi is selling its smart EV business to Xpeng for $744Mn In a significant development within the Chinese electric vehicle (EV) landscape, Xpeng… Soumyadeep SarkarAugust 28, 20232 minute read
Business Electric News Tesla introduces new lower-cost, trimmed down Model S and X variants With perhaps a focus outside the US to more affordable, emerging markets,… Soumyadeep SarkarAugust 16, 20232 minute read
Business Electric News Startups Ola Electric’s operating revenue, loss, widen in FY22, parent ’Ola’ reports widening net loss Ola Electric, headed by Bhavish Aggarwal, has experienced a substantial surge in… Soumyadeep SarkarAugust 11, 20232 minute read
Business Electric News IBC signs $1Bn investment pact to set up battery facility in Indian state of Karnataka International Battery Company (IBC) has signed an investment contract with the government… Soumyadeep SarkarAugust 2, 20233 minute read
Business Electric News Tesla clocks $24.93 billion in revenue in Q2 2023, margins take a hit The second quarter of the year saw automaker Tesla pocket a total… Soumyadeep SarkarJuly 20, 20233 minute read
Business Electric News Tesla talks to Indian government to set up supply chain in India for affordable electric cars In the midst of a global shift towards sustainable transportation, automaker Tesla… Soumyadeep SarkarJuly 13, 20233 minute read
Business Electric News Tesla deliveries rise to 466,140 units, production close to 480,000 in Q2 2023 The price cuts at Tesla, amongst other factors, ensured that the EV… Soumyadeep SarkarJuly 3, 20233 minute read
Electric News Startups Two-wheeler EV maker Oben Electric secures another $5Mn in pre-Series A round Bengaluru-based EV startup Oben Electric has raised a total of ₹40 crore… Soumyadeep SarkarJune 29, 20232 minute read
Business Electric News Ola signs MoU with Tamil Nadu govt, to invest ₹76.1 billion to build world’s largest EV hub With the rapid push for the electrification of vehicles, the onus is… Soumyadeep SarkarFebruary 21, 20233 minute read
Business Electric News Uber to buy 25K EVs in India from Tata Motors for its electric cab fleet Recent times have seen the ride-hailing industry jump the EV wagon, with… Soumyadeep SarkarFebruary 21, 20232 minute read
Electric News Startups Oil & gas major Petronas backs Indian battery-tech startup Log9 in $40Mn Series B fundraise Petronas, the Malaysian oil & gas major, has backed Log9, an Indian… Staff@The Tech PortalJanuary 23, 20232 minute read
Business Electric News Ola to start EV cab service pilot in Bengaluru: Report IPO-bound Ola has been working on electric vehicles for quite a while… Soumyadeep SarkarJanuary 4, 20232 minute read
Business Culture & Policy Electric News Tesla could enact a new round of layoffs, freeze hiring in upcoming fiscal quarter Its not news anymore. Layoffs are very much a general phenomenon in… Soumyadeep SarkarDecember 22, 20222 minute read
Electric News Transportation Apple delays automotive debut, scales back on self-driving features in upcoming electric car The wait for an entirely autonomous car just got longer. Apple, which… Soumyadeep SarkarDecember 7, 20222 minute read
Business Electric News Tesla’s deliveries, productions jump in Q3 2022, but revenue falls short of expectations Amid a generally tough quarter for auto companies worldwide, supply chain disruptions,… Soumyadeep SarkarOctober 20, 20223 minute read
Electric News Startups Exponent Energy lands $13Mn in Series A to scale its fast-charging battery tech for EVs Having electric vehicles on the road is not enough, and there is… Soumyadeep SarkarAugust 17, 20222 minute read
Electric News Startups Transportation Ola reportedly laying off 1,000 employees as focus shifts on EV business Ride-hailing giant Ola, which has vastly diversified since launch, is staring down… Guntas SinghJuly 29, 20222 minute read
Business Electric News Tesla Q2’22 revenue up by 42%, with first sequential decline in quarterly profits in over a year Factors such as an extended shutdown at its Shanghai assembly plant, an… Soumyadeep SarkarJuly 21, 20223 minute read
Electric News Tata Motors plans to sell 50,000 electric cars by end of FY2022, 100K in FY2023 Tata Motors, the market leader in Indian Electric Car segment, plans to… Guntas SinghJuly 5, 20222 minute read
Business Electric News Tesla logs 18% drop in deliveries as supply chain constraints continue Tesla continues to make gloomy headlines. The EV manufacturers has reported production… Guntas SinghJuly 4, 20222 minute read
Business Electric News LG is stepping into the EV charging business with AppleMango majority stake acquisition Korean tech conglomerate LG is starting to make strides in the EV… Guntas SinghJune 27, 20222 minute read
Electric News Startups Battery Smart raises $25M in Series A to create a pan-India battery swapping network New-Delhi based startup Battery Smart, which runs battery swapping stations for EVs… Guntas SinghJune 27, 20222 minute read
Electric News Startups YC backed EV Infra startup Statiq lands $26 Mn in latest round Gurugram-based EV infrastructure startup Statiq has raised $25.7 Mn (About ₹200 Cr)… Guntas SinghJune 26, 20222 minute read
