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Elon Musk insists that adopting a healthy work-life balance is not an option
News & Analysis

Elon Musk insists that adopting a healthy work-life balance is not an option

The company routinely loses money and is burning through cash as it develops its Model 3 sedan.

Magenta Power to set up India's first electric vehicles' charging corridor at Lonavala on Mumbai-Pune Expressway
Business

Magenta Power to set up India's first electric vehicles' charging corridor at Lonavala on Mumbai-Pune Expressway

The corridor 'ChargeIn' at Lonavala on the Mumbai-Pune Expressway will be an open platform for all electronic vehicles' charging stations for 2/3/4 wheelers as well as for bus fleets.

Tesla aims to increase production of its Model 3 sedans to 10,000 per week
News & Analysis

Tesla aims to increase production of its Model 3 sedans to 10,000 per week

Tesla, in June, announced its plan to build a wholly Tesla-owned Gigafactory 3 in Shanghai.

Germany forces 1,050 Tesla owners to forgo €2,000 electric car subsidy
News & Analysis

Germany forces 1,050 Tesla owners to forgo €2,000 electric car subsidy

Tesla owners must forgo the bonus as their vehicles' value has surpassed an eligibility threshold.

Autonomous driving cars expected to save up to $9.7 billion per year: Study
News & Analysis

Autonomous driving cars expected to save up to $9.7 billion per year: Study

6.2 million tonnes of CO2 emission will be reduced thanks to autonomous driving mentions the report.

Building a car fits well with 'Apple's product-based business model' say Analysts
News & Analysis

Building a car fits well with 'Apple's product-based business model' say Analysts

Even though Apple struck a deal with Volkswagen, they might be investigating in making its own car.

Elon Musk bought 72,500 shares of Tesla's common stock stock worth over $25 mn
News & Analysis

Elon Musk bought 72,500 shares of Tesla's common stock stock worth over $25 mn

Elon Musk is already the electric car maker’s largest shareholder and now owns 33.74 million shares worth about $11.6 billion.

US automakers are finding more ways to boost lithium output to cut their dependence on China
News & Analysis

US automakers are finding more ways to boost lithium output to cut their dependence on China

In North Carolina, Nevada and other states, miners are working to revive the US lithium industry, once the world’s largest until it fell off in the 1990s.

Tesla Model 3 sedan records more registrations than BMW 3-series and Merc C-class in Q1 FY18: Report
News & Analysis

Tesla Model 3 sedan records more registrations than BMW 3-series and Merc C-class in Q1 FY18: Report

Model 3 registrations totalled upto 3,723, or 14.3 percent of the near-luxury segment, compared with 3,323 for the Mercedes variant and 3,260 for the BMW model

Elon Musk announces AWD Tesla Model 3 specifications with Performance package priced at $78,000
News & Analysis

Elon Musk announces AWD Tesla Model 3 specifications with Performance package priced at $78,000

Tesla Model 3 has quicker and better handling than BMW M3. Elon Musk also mentioned that the new car will beat anything in its call on the track.

Investigation begins in Tesla's electric car crash which killed two teens and injured another
News & Analysis

Investigation begins in Tesla's electric car crash which killed two teens and injured another

The NTSB said it will investigate the crash that took place on 8 May of a 2014 Tesla Model S that was reportedly traveling at high speed when it struck a wall and caught fire

Tesla resumes the production of Model S and Model X after claiming improvements in overall efficiency
News & Analysis

Tesla resumes the production of Model S and Model X after claiming improvements in overall efficiency

Tesla said that the production of 1,00,000 Model S and Model X vehicles is now possible in a two-shift cycle with minimal overtime.

Tata Motors unveils futuristic all-electric EVision Concept midsize sedan at 2018 Geneva International Motor Show
Features

Tata Motors unveils futuristic all-electric EVision Concept midsize sedan at 2018 Geneva International Motor Show

The EVision sedan concept stays true to Tata Motors' new Impact Design 2.0 philosophy and features straight lines combined with bold and muscular tones, keeping the design sleek and futuristic as seen on the earlier H5X Concept SUV.

Mercedes-Benz EQ electric car range launched at the Geneva Motor Show
Features

Mercedes-Benz EQ electric car range launched at the Geneva Motor Show

Mercedes-Benz's smart brand has been selling only electric vehicles in the USA, Canada and, Norway since last year.

Automobile manufacturers fight for the right plug format that will rule the upcoming electric car revolution
News & Analysis

Automobile manufacturers fight for the right plug format that will rule the upcoming electric car revolution

At the moment, Tesla and carmakers in Japan and Germany use different plugs and communication protocols to link batteries to chargers.

Alibaba and Foxconn lead $348 million funding round in electric car maker Xiaopeng Motors
News & Analysis

Alibaba and Foxconn lead $348 million funding round in electric car maker Xiaopeng Motors

Xiaopeng, which debuted its electric car at CES 2018, is looking to speed up development of battery-powered technology and take on the likes of Tesla.

Elon Musk to get no salary or bonuses from Tesla until the company begins hitting milestones
News & Analysis

Elon Musk to get no salary or bonuses from Tesla until the company begins hitting milestones

Elon Musk vowed that Tesla will become “the best manufacturer on Earth,” helped by an automated assembly line and a simpler design for its Model 3 sedan.

Elon Musk's SpaceX raises an additional $100 million in funding by selling shares
News & Analysis

Elon Musk's SpaceX raises an additional $100 million in funding by selling shares

SpaceX, a California-based company also has also outlined plans for a trip to Mars in 2022, to be followed by a manned mission to the red planet by 2024.

British finance minister announces plans to have driverless cars running on UK roads by 2021
News & Analysis

British finance minister announces plans to have driverless cars running on UK roads by 2021

People hoping to buy a battery-electric vehicle will also be able to access funding as Britain attempts to move towards zero-emission transport

EESL to invite bids for supply of second lot of 10,000 electric vehicles by March-April 2018
News & Analysis

EESL to invite bids for supply of second lot of 10,000 electric vehicles by March-April 2018

The EESL MD said that the current government regulations do not allow a purchase of new e-cars and so requires leasing out under a hire-purchase agreement.