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Tesla made an annual profit of $12.6 billion in 2022, expects strong demand in 2023

Despite price cuts of up to 20 per cent on some of its vehicles, Elon Musk says demand for Tesla products is strong and that sales are constrained only by production.

Budget 2023-24 Expectation: EV industry aspires reduction in GST, extension of FAME II subsidy

The upcoming budget is an opportunity for the government to take further steps to support the growth of the industry and make electric vehicles more accessible to Indian consumers

Electric vehicle sales in India set to cross 1-million milestone this year

Manufacturers like Tata Motors, Ola Electric, and Ather Energy are the main gainers from the rising adoption of EVs

Explained: Why Electrical Vehicles will become more affordable in 2023

Americans, who purchase certain brands of electric vehicles, as well as some plug-in gas-electric hybrids and hydrogen fuel cell vehicles, will be eligible for a $7,500 tax credit. It is a part of the Inflation Reduction Act and is intended to boost EV sales while lowering greenhouse gas emissions

Watch: Israeli EV firm showcases the most viable personal flying vehicle for short, inter-city commutes

The flying taxi prototype showcased by Israel’s flying EV startup AIR, will be able to carry two people, and will have a range of 100 kilometres on a single charge.

Explained: Why warmer noses are better at fighting colds

A new study published in The Journal of Allergy and Clinical Immunology on Tuesday describes a previously unknown way that the immune system attacks viral intruders inside the nose — and discovers that it works better when it's warm

Electric Vehicle: Future of Indian automotive industry

EVs are cheaper to operate and maintain, and produce zero emissions. This makes them an attractive option for both individual consumers and businesses

Bikes, batteries spark concern in New York City: Why are they catching fire?

City officials in New York are considering new laws after the fire department counted nearly 200 blazes and six fire deaths this year tied to problems with lithium-ion batteries in ‘micromobility’ devices such as electric bikes and scooters

Indian Army to reduce carbon emissions, will procure EVs for select units

Various factors unique to the Indian Army's employability, remote locations of employment and operational commitments were considered before finalising the roadmap for induction of EVs, the officials said

Bharat Forge announces action plan to foray into e-mobility worldwide

Bharat Forge has, in the recent past, acquired multiple firms that had its play in e-mobility technology, including electric two-wheeler manufacturer, Tork Motors. With these acquisitions, the company is focusing on light-weight manufacturing