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…

Nitin Gadkari asks EV manufacturers for voluntary recalls amid multiple fire incidents

In response to several incidents of EV two-wheelers spontaneously catching on fire,…

Chinese electric vehicle startup WM Motor raises $1.47 billion in Series D round

With the entry of Tesla in the region, China has suddenly become…

China made up for almost a quarter of Tesla’s revenue this quarter

Tesla has emerged as an iconoclast leader in the world of automobile,…

Electric two wheeler maker Ather Energy gets another $12Mn from Hero MotoCorp

Ather Energy, the much storied Indian electric two wheeler company has received…

Tesla posts fourth consecutive profitable quarter with $6.04 billion in total revenues

The most valuable automaker in the world, Tesla has released its quarterly…

Rivian raises a gigantic $2.5 billion as it races to launch an all electric line of pickup trucks

Rivian, possibly the only other electric vehicle maker with the financial and…

Tesla ‘very close’ to launching fully autonomous driving tech, says Elon Musk

Tesla has, over the years, made a reputation in the industry for…

With market cap over $185Bn, Tesla becomes world’s most valuable automaker

In a feat that most considered impossible till very recently, Tesla has…

Tesla China sold 11,095 EVs in May, nearly thrice the sales made in April

China Passenger Car Association (CPCA) revealed that Tesla sold 11,095 units of…

Electric Vehicle sales clock 72% uptick in Europe in Q1 2020 despite global automobile slump: Canalys

In a metric that has shown an absolute opposite trend to otherwise…

Tesla shares tank over 10% after Elon Musk tweets stock price is “too high”

So we get to see this every once in a while. An…

Chinese EV startup NIO announces $1Bn fundraise from a group of state-owned companies in China

NIO, the now embattled Chinese electric vehicles startup that was once considered…

Tesla given green light to cut trees for its Gigafactory in Germany

A few days back, we reported how Tesla’s plan to build its…

Tesla plans to raise $2 billion from market, weeks after Musk said it ‘didn’t make sense’

Elon Musk lead Tesla is planning to raise $2 billion in capital…

General Motors lays out $3 billion investment plan for production of electric vehicles at its Detroit plant

General Motors is speeding up its EV fleet development plans with some…

Tesla issues staff recruitement notice for its upcoming research center in China

Elon Musk-led Tesla Inc is planning to expand its research and development…

Tesla rival EV maker Rivian bags another $1.3 billion for its electric pickups and SUVs

Rivian, an out of the box startup that aims to bring all…

General Motors and LG chem to invest $2.3B in a new battery production plant

Tesla’s new Cybertruck seems to be turning a lot of heads as…