Is China feeling threatened by India's growing EV market?
Fp Explainers • 5 months agoChina has moved the World Trade Organisation (WTO) against India over its subsidies for electric vehicles (EVs) and batteries. The development comes as Beijing imposed curbs on exports of heavy rare earth magnets, and amid passenger sales in India hitting a record due to GST cuts, coupled with festive demand
EV prices to be on par with petrol vehicles in 4-6 months, says Gadkari
• 5 months agoThe minister said India’s dependence on fossil fuels is both an economic burden, as Rs 22 lakh crore is spent annually on fuel imports and an environmental hazard, making clean energy adoption crucial for the country’s progress
Tesla's US sales surge, and that's not about Musk
Fp Staff • 6 months agoTesla’s 22% third-quarter sales rebound was fuelled by expiring US tax credits, not renewed enthusiasm for Elon Musk, whose fading popularity continues to weigh on the brand
Tesla losing traction in US EV market as rivals accelerate, forcing an 8-year low below 40%
Fp Staff • 6 months agoTesla’s US market share has slipped to 38 per cent, its lowest level since 2017, as aggressive incentives and fresh models from rivals erode the EV pioneer’s dominance
India’s car market, third-largest in world, gets a boost: Suzuki to invest $8 bn over next 5-6 years
Fp Staff • 7 months agoIndia’s auto sector gained further momentum as Suzuki committed $8 billion over the next six years
Made-in-India battery EVs to be exported to over 100 countries: PM Modi on e-Vitara flag-off
Fp Staff • 7 months agoThe eVitara is designed as a global electric SUV, measuring 4,275mm in length, 1,800mm in width, 1,640mm in height, with a wheelbase of 2,700mm. It features a 3-in-1 electric powertrain that combines the motor, inverter, and transmission into a single unit.
After $12 billion in losses, Ford shifts electric vehicle strategy
Fp Staff • 7 months agoFord had appeared to gain an edge over other traditional automakers when it launched three models between 2021 and 2022. But slowing EV demand, aggressive price cuts by Tesla and higher material costs have squeezed profits across the industry
How EV diplomacy between India and China runs on mistrust and minerals
Fp Staff • 8 months agoAs India courts foreign automakers like Tesla and VinFast, the uneasy road for BYD exposes deep fault lines between India and China in a post-Galwan world
Tesla touches down, but will it build in India?
Monjorika Bose • 8 months agoTesla has still not committed to building any factory in India. Talk of a multi-billion-dollar plant still remains in the realm of speculation
Elon Musk’s Tesla to debut in India next week, first experience centre at Mumbai’s BKC
Fp Staff • 8 months agoTesla is set to make its long-awaited debut in India on July 15 with the launch of its first experience centre in Mumbai’s Bandra Kurla Complex