Tesla gains as India’s new EV policy ensures reduced import taxes

The Indian government has unveiled a new policy that reduces import taxes…

Apple reportedly cancels electric car project, lays off some employees while shifts others to AI

According to media reports, Apple has decided to wind down its secretive…

Vidyut lands $10Mn in debt/equity Series A for its unique battery rental model for small commercial EVs

Vidyut Tech, an EV startup that helps significantly reduce ownership costs for…

Tesla stock plummets over 8% as Elon Musk warns of slowing sales growth

Tesla’s stock faced a significant downturn, plummeting over 8% after CEO Elon…

Tata Group plans semiconductor plant, battery storage unit in India’s Gujarat

In a move that will add further momentum to India’s nascent but…

Hyundai unveils S-A2 electric air taxi at CES 2024, says electric air taxi business will launch in 2028

Flying cars have always captured humankind’s imagination. Originally a thing in sci-fi,…

A month after the U.S., Tesla now initiates a recall of 1.6 million units in China due to Autopilot concerns

Tesla has issued another recall affecting 1.6 million vehicles in China to…

Tesla surpasses Q4’23 delivery expectations even as EV market intensifies

Tesla exceeded market expectations by delivering a record number of electric vehicles…

Hero MotoCorp set to acquire additional shares in Ather Energy for ₹140 crore

Hero MotoCorp is making moves in the electric two-wheeler game, announcing on…

Exponent Energy secures $26.4Mn in Series B for its fast EV charging solutions

Bengaluru-based Exponent Energy, a pioneering energy tech startup specialising in 15-minute fast…

Tesla recalls 2 million cars over Autopilot issues

Elon Musk’s Tesla Inc. has initiated a recall of over 2 million…

Ola Electric slashes current FY sales,production targets to less than half

Ola Electric, Ola founder Bhavish Agrawal’s ambitious $1.5Bn-backed electric vehicles venture, is…

Tesla, after years of delay, finally delivers first Cybertrucks

After years of anticipation since Musk’s initial tweet about building a truck,…

Ola Electric raises ₹3,200 crore in equity and debt from SBI, Temasek, others

Ola Electric is racing towards its gigafactory dream. In a groundbreaking fundraising…

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…

Tesla unveils refreshed Model 3 with longer range and sleeker design

Elon Musk’s EV maker Tesla has introduced a revamped version of its…

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…

Tesla introduces new lower-cost, trimmed down Model S and X variants

With perhaps a focus outside the US to more affordable, emerging markets,…

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…

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…

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…