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Electric

184 posts

Tesla, after years of delay, finally delivers first Cybertrucks

After years of anticipation since Musk’s initial tweet about building a truck,…
Ola Electric cuts jobs amid financial struggles

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 sales fall again, challenges persist

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 Model S

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 cuts jobs amid financial struggles

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 Model S

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 Model S

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 Model S

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…
Apple

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…
Tesla Model S

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,…

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…
Ola Electric disputes sales, registration issues.

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…