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
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
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
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
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
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
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
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 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
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 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 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 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
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 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 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
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 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
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
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
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
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 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'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
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 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
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 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
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'
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