Auto News - Page 6

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

Tata's new Punch.ev for a starting price of Rs 10.99 Lakhs. The standard model features a 60kW/114Nm permanent magnet synchronous AC motor, while the Long Range model is equipped with a more powerful 90kW/190Nm permanent magnet synchronous AC motor

Tesla’s entry has major Indian EV players worried, Mahindra, Tata lobbying for ‘level playing field’

As Tesla prepares to start its business in India, Indian EV makers like Tata and Mahindra is worried about potential risks to future fundraising for local EV companies if Tesla's entry leads to an unstable or unfavourable import tax regime

Elon Musk dealing with massive investor dissatisfaction at Tesla, wants to own 25% before building AI

Elon Musk has stated that he would rather develop AI models outside Tesla, than build one for his EV company, unless he owns 25% of the company. Currently, Musk owns just over 12% in the EV giant

Elon Musk’s Tesla loses $94 billion in market valuation as global EV market slows down

Along with Tesla, Elon Musk too lost a big chunk of his wealth. As per Bloomberg’s Billionaire index, Musk lost over $23 billion personally. Tesla is struggling for a number reason, including the ongoing fiasco at the Red Sea

Tesla slashes prices in China, struggling to keep a competitive edge in luxury EVs segment in booming market

Tesla is finding it really difficult to get a break in its Chinese market these days. In order to keep its competitive edge in the Chinese Luxury EV market, Eon Musk's EV company has been forced to slash prices some of its most popular cars

Team led by Indian-origin scientist make eco-friendly, sustainable ‘green petrol’ using whiskey waste

A team of scientists at Heriot-Watt University in Edinburgh have turned waste generated while distilling whiskey into green hydrogen, which is also often erroneously referred to as 'green petrol'

Saviour EV: How an Australian woman’s car saved her son’s life when all nearby hospitals, doctors failed

An increasing number of EV manufacturers incorporating the capability for their vehicles to serve as power supplies, individuals facing power outages now have the option to power and charge essential devices

Vietnamese EV giant Vinfast to set up shop in India, invest over $2bn in factory at Tamil Nadu

Vinfast is setting up its first EV factory in India, in the state of Tanil Nadu. For the first phase of setting up a factory and getting started, Vinfast has already allocated $500 million, and is expected to create a factory with a manufacturing capacity of 1,50,000 cars

Setback for Tesla in China, Elon Musk’s EV company recalls 1.6 million cars due to faulty Autopilot, steering

Tesla has been forced to recall about 1.6 million of its EVs in China, because of some issue with the Autopilot and steering software. China plays a vital role in Tesla's global strategy, serving as both a significant consumer market and the location of a major manufacturing facility in Shanghai

Rude Awakening: EV sales stagnate in the UK, carmakers ask government for subsidies, cuts in VAT

EV sales in the UK has plateaued, following a couple of years of rapid growth. Automakers in the country are lobbying the Rishi Sunak-led government to offer subsidies and VAT cuts to entice more people to adopt EVs and abide by UK's zero-emission vehicle mandate

Apple's battery supplier TDK claims to develop new silicon batteries, to revolutionise smartphones, other tech

The new silicon-carbon uses silicon electrodes in lithium-ion batteries. The new batteries are reported to offer 10 per cent more capacity than conventional graphite anode batteries, and can be made much slimmer than conventional batteries

WATCH: How a Bengaluru man turned his Alto into a self-driving vehicle using a second-hand smartphone

The Bengaluru based techie turned his modified Maruti Alto K10 into a self driving car using a basic, budget smartphone and Flowpilot, an open-source driver assistance system

China’s BYD to reward dealers with gifts worth 2 billion Yuan for hitting sales target, beating Tesla

Dealers who were able to hit their sales target will be rewarded with 666 yuan or roughly $93 for each car they sold. Given that BYD sold over 3 million EVs and hybrids, it is expected to out over 2 billion yuan, or roughly $281.7 million

Tesla insiders reveal that manufacturing the Cybertruck is a disaster, costs getting out of hand

Tesla's newest EV, the Cybertruck is causing some major problems for the EV maker. To meet the production target of 250,000 Cybertrucks, Tesla must manufacture nearly one million 4680 cells daily. However, they are only producing cells at a rate sufficient for only 24,000 Cybertrucks

No Country for EVs: In US it takes 3 weeks more to sell an electric vehicle than a fossil fuel car

Sales of electric vehicles (EVs) rose in the first 11 months of 2023, but at a pace way slower compared to the last year

Mahindra Scorpio-N, one of India’s safest cars got 5-stars in GNCAP. Why did it get 0-stars in Australasian NCAP?

Because the ANCAP gives a significant weightage to ADAS features like autonomous emergency braking (AEB) and lane support system (LSS), car like the Mahindra Scorpio-N, which do not come with an ADAS kit tend to do poorly. That is why, the Scorpio-N, despite getting 5-stars in GNCAP, failed

Tata Motors' Safari and Harrier get first ever 5-star safety rating in India’s new Bharat-NCAP crash tests

Tata Motors' Safari and Harrier have officially receieved the first 5-star safety rating from Bharat-NCAP. This shouldn't come as a surprise given that it is built on the OMEGARC architecture derived from Land Rover's D8 Platform, and secured a 5-star rating in the Global NCAP crash tests too

Tesla most accident prone car, most frequent to crash among 30 most popular brands, finds study

A recent study conducted by an online lending market in the US has revealed that out of the 30 most popular brands on American roads, Teslas are the most prone to meet an accident or get involved in a crash. Similarly, BMW drivers are the most prone to drive under the influence of alcohol

How to get away with murder, Tesla edition: Driver who killed 2 while using Autopilot, let off with a fine

Tesla has been forced to recall about 2 million, or nearly recall every car they have sold, to fix an issue with the assisted driving feature, called FSD or Autopilot. Because these FSDs were so poorly designed and made, they caused a lot of accidents, some even fatal