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…

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…

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…

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…

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…

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…

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…

Ola to start EV cab service pilot in Bengaluru: Report

IPO-bound Ola has been working on electric vehicles for quite a while…