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Beds, army of drones, in-built kitchens: Chinese EV makers are offering bizarre extras to customers

In-car beds, kitchen sets with cooktops, an army of drones, camping equipment for your car — Chinese EV makers are offering all sorts of optional extras to their potential customers, in order to sweeten the deal

Arson at Tesla's German factory cost them $1 billion in damages, to lose more as production suspended

The fire at Tesla's German factory has already cost Elon Musk $1 billion in damages. This figure is only set to grow as the factory will remain shut for a number of days. Tesla makes at least a thousand cars every day at the factory

Not just Chinese, ALL big carmakers record & sell more data than most smartphone brands

It's not just Chinese-manufactured vehicles that are under scrutiny for their surveillance capabilities. A few months ago, a Mozilla study titled 'Privacy Not Included,' revealed that almost all major carmakers collect data from their users and sell it to advertisers

Chinese carmakers 'collect large amounts of data on occupants,' to face scrutiny in the US

Modern cars come with a lot of connected technology for features like drivers' assist, GPS, or even security measures. Given China's tendency to harvest data that Chinese companies collect, the US fears that connected technology in cars is a massive security risk

Apple pulls the plug on their electric smart car, to reassign 2,000 workers to AI projects

After investing billions and developing an EV for over a decade, Apple will finally be killing its plan for the Apple Car. The project currently employs over 2000 people. Most of these people will be reassigned to various AI projects, while some may be let go

MWC 2024: Xiaomi unveils SU7 EV, claims a range of 800KM, top speed of 265 kmph

After unveiling its first Ev in China last year, Xiaomi has unveiled its first EV to the world at the ongoing Mobile World Congress in Barcelona. With styling elements from a typical modern day McLaren hypercar and a Tesla, Xiaomi claims it has a range of 800kms and a top speed of 265 kmph

Why Elon Musk Fears BYD: Chinese EV maker launches $200,000+ hyper EV and $14,000 EV in same week

BYD has beaten Tesla in one of Elon Musk's halo project — of making hyper EV that would take on the best of the best from Lamborghini, Ferrari and other legacy hypercar makers. The new BYD Yangwang U9 costs $233,450, does 0-100 kmph in 2.36 seconds and has a top speed of 309.19 kmph

Tesla soon in India, government close to finalising concession on import duties for EVs

The Government of India is about to finalise a policy on the concessions on import duties on EVs in India, that cost over Rs 30 lakhs. Elon Musk was willing to to invest up to $2 billion in a Tesla factory in India, if the Indian government reduced the import duty it levies

Tata, MG cut EV prices in India, following Tesla, BYD globally. Is this the perfect time to buy EVs?

Tata EV became the first Indian automaker to offer massive discounts on EV, following Tesla and BYD's announcements of massive discounts on their products. Globally, the demand for EVs has cooled down, and so has the price. This is partly because of improvements in battery tech

Flying taxis by Maruti Suzuki? Indian auto giant to develop electric air copters with Japan’s Suzuki

Maruti Suzuki's SkyDrive is slated for being unveiled at the 2025 Osaka Expo in Japan, with plans for subsequent introduction in India as part of the 'Make in India' initiative. Market research is currently underway in India to gauge potential customer interest

Tesla sold only one car in South Korea last month, issues with EVs made in China to blame

Tesla has encountered a massive setback in South Korea's electric vehicle market as it managed to sell just one vehicle in January. This marked Tesla's worst month since July 2022, when the company recorded zero sales in the country

People using Apple's Vision Pro while driving has left US states scrambling to amend driving laws

People are using Apple's new spatial computer, the Vision Pro in some bizarre ways, including when driving. This is causing some major concerns over how people are endangering roads. Because the laws dealing with this are very vague, most states are scrambling to amend them

Tesla faces massive legal battle as California counties sue for mishandling hazardous waste

Tesla is getting sued by several counties in the state of California for grossly and repeatedly mishandling hazardous waste materials, mislabelling them , and often dumping hazardous waste in landfills that were not equipped to handle them

Budget 2024: GoI to focus on expanding EV charging infrastructure, increase employment

Minister of Finance, Nirmala Sitharaman announced that the government of India will focus on expanding India’s electric vehicle charging infrastructure, and hopes that this in turn will create massive employment opportunities for people with technical skills

Tesla $56bn payout that made Elon Musk one of the richest was illegal, not fair to shareholders, rules judge

Tesla paid $56 billion to Elon Musk in 2018 which catapulted him to being the richest person ever, based on which he was able to acquire X. Tesla directors contended that the deal aimed to ensure Musk, a dynamic entrepreneur, remained committed to the company

Toyota suspends dispatch of 3 models in India due to 'irregularities' in diesel engine

Toyota Industries Corporation (TICO), a company affiliated with Toyota Motor Corporation (TMC), on January 29, 2024, announced that irregularities in horsepower output certification tests were found on three diesel engine models

Apple veteran who started the Apple Car project leaves Cupertino for rival EV carmaker Rivian

One of Apple's EV project's key executive, DJ Novotney, is leaving the company to join rival EV maker Rivian. Novotney played a crucial role in the development of iconic Apple products, including the iPod, iPhone, iPad, and the Apple Watch

Elon Musk to be ousted from Tesla? CEO scared he might be voted out

Elon Musk fears that he might be voted out as the CEO of Tesla. This follows Tesla's stock crash, which saw its market cap fall by $82 billion, and stock value dipped by 12 per cent in one day

Tesla loses over $82 billion, stock plunges 12% in a single day after ‘disastrous’ earnings call

In Tesla's recent earnings call, Elon Musk made a few comments how the world needs to be wary of Chinese EV companies, whom he referred to as "the most competitive car companies in the world." Following this, Tesla's stock saw a plunge of 12%, wiping away $82 billion in market cap

Chinese EV makers will destroy local players, countries need trade barriers to stay safe, warns Elon Musk

Tesla CEO Elon Musk is worried that Chinese EV makers and automakers will demolish rivals and local players of if countries don't deploy trade barriers to protect local players

EVs to hit snag, sales, growth may be significantly lower in 2024, believes Tesla

Tesla believes 2024 is going to be a really tough year for EVs and will have significantly lower sales, and perhaps even lower growth. Having said that Tesla remains optimistic about its energy storage business. Despite a slower fourth quarter, storage deployments increased by 125 per cent

Legacy automakers, suppliers in Europe are struggling as demand for Chinese EVs rise

Major European carmakers and their suppliers are struggling as Chinese EV makers like BYD are gaining ground and are on the rise in the continent. Suppliers to carmakers in particular are in a tough spot as Asian suppliers are enjoying higher margins, and more volume

Ola Electric heads for two-wheeler stock market listing in what is India first EV IPO

Ola is set to go for its IPO soon, which will make it India's first EV IPO. Ola Electric faces some major challenges, including lukewarm market interest in start-ups, high employee turnover, heightened competition from established manufacturers, and the expiration of government subsidies

Tata launches the Punch.EV in India starting at an introductory price of Rs 10.99 lakhs: Check features

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