BYD’s rapid ascent in the automotive rankings is particularly notable as many leading global automakers, including industry giants like Toyota Motor and Volkswagen Group, experienced declines in the same period
As Lamborghini's latest high-performance hybrid, the Urus SE blends impressive power with eco-friendly technology. It features a 4.0-litre V8 twin-turbo petrol engine paired with an electric motor, boasting a total output of 800hp and 950Nm of torque, and a top speed of 312kph
BYD is the first major new electric vehicle (NEV) entrant in the Pakistani market, where there is a lack of charging infrastructure
Tesla's reliance on government support and subsidies remains evident. The company continues to lobby for stricter emissions regulations, which not only support environmental goals but also increase the value of the regulatory credits Tesla sells to other automakers
This milestone for Ather Energy comes as the company solidifies its position in the rapidly growing electric vehicle (EV) market in India. NIIF, which first invested in Ather in May 2022, has once again shown confidence in the company by leading this funding round
Toyota, a key player in the hybrid car market, will benefit massively from this decision. The waiver should make their hybrid vehicles cheaper by at least 10 per cent. Other manufacturers like Kia, Tata, & Mahindra, invested heavily in EVs, see this as a setback
Earlier this year, Tesla recalled 1.6 million vehicles in China to address issues with its Autopilot assisted driver system, aimed at reducing the risk of crashes. Yet, Tesla has been a dominant player in China's premium electric vehicle (EV) market for years now
To verify the caller's identity, the executive asked a specific question about Chief Executive Officer Benedetto Vigna, the man the scammers claimed to be. The answer was something only Vigna could answer
With the Modi government entering its third term, stakeholders in the EV industry are hopeful that the new budget will provide the boost needed to accelerate India's transition to electric mobility
Recently, three of Tesla's suppliers conducted site visits in Gujarat. These suppliers work on various components and also supply to other auto companies, showing keen interest in Gujarat for their operations
Tesla is one of the ten most expensive stocks in the S&P 500 Index, surpassing other major tech companies in terms of valuation. This move by UBS reflects broader concerns about the high valuations of companies linked to AI technology
Traditionally, Hyundai has competed closely with Tata Motors for the number two spot. However, Mahindra, known for its robust sport utility vehicles (SUVs), has been steadily gaining ground as Indian consumers show a growing preference for larger passenger vehicles
Last year, BYD's overall production for battery-only and hybrid vehicles, exceeded 3 million units, outpacing Tesla's 1.84 million. While BYD produced 1.6 million battery-only cars and 1.4 million hybrids, Tesla remained the leader in BEV production alone.
The recalls represent a significant blow to Tesla, which has faced a challenging year with poor earnings reports and increasing competition from Chinese electric vehicle manufacturers
The fund aims to provide investors with opportunities for long-term capital appreciation by investing in the equity of companies leading the charge in the dynamic and rapidly evolving automotive sector, as well as those involved in the entire value chain
Despite the recent decrease in the amount of support per vehicle, this significant investment has played a crucial role in the industry's growth and development
CDK Global, a major software provider for the automotive industry in the US, faced a major cyber incident. The outage caused significant disruptions, halting operations and forcing dealerships to resort to manual processes
BEE has proposed new targets under CAFE 3 and CAFE 4 norms, with limits set at 91.7 grams of CO2 per kilometre and 70 grams of CO2 per kilometre, respectively, based on the World Harmonised Light Vehicles Testing Procedure (WLTP)
The new phase of the FAME scheme is expected to support electric two, three, and four-wheelers with a proposed budget allocation of around Rs 10,000 crore. The heavy industries ministry, which oversees the scheme, has already forwarded a plan to the PMO
Both, the Nexon.ev, Punch.ev had a phenomenal showing at the Bharat-NCAP safety tests. The Punch.ev in particular stood out for scoring the highest ever scores by any vehicle till date
In addition to approving Musk’s pay package, shareholders also voted to relocate Tesla's legal home to Texas, aiming to avoid the courts in Delaware where Tesla is currently registered
Historically, India has been the dumping ground for Chinese electronics and other products whenever the EU and the US have rejected them. In the case of EVs though, things are a little different
The European Union has announced an increase in tariffs on Chinese electric vehicles, intensifying a trade dispute over Beijing's subsidies that Brussels believes are detrimental to domestic automakers. The European Commission, the EU's executive branch, stated that it would implement provisional tariffs, raising the duties for Chinese automakers to as much as 38 per cent, up from the current 10 per cent
While the complete results of the vote will be shared only at a Tesla shareholder’s meeting in Austin, later today, Musk has indicated that early voting indicates that he has the numbers favouring the restoration of the pay package
Tesla is facing a more serious issue: an ever-growing stockpile of unsold vehicles, particularly evident in Austin, Texas. This comes at a time when Tesla shareholders are supposed to approve $56 billion as remuneration for Tesla's stock's performance
From 2017 to 2023, EV registrations in the state grew by 1,275 per cent. All in all, there are 3.4 lakh e-vehicles in the state with 2.98 lakh two-wheelers, 23,516 four-wheelers and 18,246 three-wheelers
Volvo isn't the only automaker planning a move out of China to avoid EU's tariffs of China-made EVs. Reports have surfaced which suggest that auto manufacturers making EVs in China, like BMW, Volkswagen, Mercedes etc are also looking to expand in to neighbouring countries
Tesla Chairperson Robyn Denholm has warned investors and shareholders that if Elon Musk is not paid the $56 billion dollars that he was promised as compensation in 2018, he might leave the EV company and focus his time and efforts in other ventures
Japan has suspended the delivery and sales of six vehicles from Toyota and Mazda, intensifying a safety scandal involving some of the world's leading carmakers. On Monday, Japan's transport ministry announced that irregularities were discovered in certification applications for models from Toyota, Mazda, Honda Motor, Suzuki Motor, and Yamaha Motor. As a result, it ordered Toyota, Mazda, and Yamaha to halt shipments of certain vehicles
Tesla is urging suppliers to manufacture components that are both "out of China" (OOC) and "out of Taiwan" (OOT) to diversify its supply chain and has engaged in discussions with various suppliers, including those from Japan & South Korea, to explore its feasibility