Tesla continues to cut jobs in China as part of its global workforce reduction: Report
May 10, 2024, at 05:22 am
Beijing: Tesla has increased job cuts in China as billionaire Elon Musk struggles to recover lost market share in the world’s biggest auto market, reported Bloomberg.
Elon Musk likely to announce $2-$3 billion investment for Tesla factory in India
Apr 18, 2024, at 02:36 am
New Delhi: Tesla CEO Elon Musk is set to announce an investment of $2-$3 billion in India, primarily aimed at establishing a new factory, during his upcoming visit to New Delhi to meet with Prime Minister Narendra Modi, Reuters reported, citing sources.
Centre approves 11 EV manufacturers for incentives under EMPS 2024: Report
Apr 11, 2024, at 05:58 am
New Delhi: The Ministry of Heavy Industries has given the green light to 11 electric vehicle (EV) makers, such as Ather Energy, Bajaj Auto, Hero MotoCorp, Ola Electric, and Mahindra, to qualify for incentives as part of the newly launched Electric Mobility Promotion Scheme (EMPS) 2024.
Tesla may join hands with Reliance to manufacture EVs in India: Report
Apr 11, 2024, at 02:31 am
New Delhi: Tesla is exploring the possibility of forming a partnership with Reliance to set up its operations in India, media reports said.
Tesla Chief Elon Musk to meet PM Modi in Apr; to announce plans for EV manufacturing in India
Apr 11, 2024, at 02:03 am
New Delhi: Tesla's top boss Elon Musk will visit India this month to hold a meeting with Prime Minister Narendra Modi and is expected to announce plans to invest and open a new EV manufacturing plant in India, media reported.
EU-India join partner to recycle EV batteries; invite EoI from start-ups
Apr 10, 2024, at 08:20 am
New Delhi: The European Union (EU) and India on Tuesday invited Expression of Interest (EoI) from startups working in Battery Recycling Technologies for Electric Vehicles (EVs) for a matchmaking event.
EV sales witness growth across categories in FY24
Apr 10, 2024, at 04:47 am
New Delhi: Electric vehicle retail sales in India witnessed growth across all segments in the previous fiscal year ended on March 31, 2024, including passenger vehicles and two-wheelers, according to the Federation of Automobile Dealers Associations (FADA).
Tesla to send team from US to pick up potential manufacturing sites in India: Report
Apr 04, 2024, at 05:49 am
New Delhi: Electronic car-maker Tesla plans to send a team from the United States to India by late April to assess potential locations for a proposed electric car plant worth $2 billion to $3 billion, the Financial Times reported on Wednesday.
Govt launches Rs 500 cr scheme to bolster e-mobility ahead of expiration of FAME II
Mar 14, 2024, at 04:28 am
New Delhi: The Ministry of Heavy Industries on Wednesday launched a new plan aimed at fostering e-mobility nationwide and allocated Rs 500 crore for a four-month period starting from April 2024.
Govt's talks with Elon Musk's Tesla to gain momentum after general elections: Report
Feb 21, 2024, at 03:35 am
New Delhi: Discussions between the Indian Government and Tesla in connection with Tesla's entry into the electric vehicles (EV) sector in India are expected to slow down due to the upcoming general elections, a media report said.
Electric Vehicles pilot launched for rural women entrepreneurs
Jan 31, 2024, at 05:17 am
New Delhi: The Small Industries Development Bank of India (SIDBI) and Natural Resources Defense Council (NRDC), in collaboration with the Self-Employed Women’s Association (SEWA) have launched a first-of-its-kind rural e-mobility demonstration pilot supporting women entrepreneurs.
10’000th ‘Made-in-India’ Volvo Car rolls out
Jan 24, 2024, at 05:24 am
Kolkata: Volvo Car India has reached the milestone of producing ten thousand cars in India at its Bangalore facility, the company said.
Tata Punch EV prices leaked from website ahead of launch: Company calls it technical glitch
Jan 08, 2024, at 02:33 am
Mumbai: The prices of Punch.ev have apparently leaked from Tata’s booking portal, according to many buyers who booked Punch EV, a report said.
Vietnamese EV major VinFast plans to invest USD 2 billion in Tamil Nadu
Jan 07, 2024, at 07:47 pm
Vietnamese EV manufacturer VinFast and the Tamil Nadu government in southern India have inked a Memorandum of Understanding (MoU) to charge the development of green transportation in India.
Tata Motors introduces first EV architecture 'acti.ev'
Jan 06, 2024, at 06:13 am
Mumbai: Tata Passenger Electric Mobility (TPEM) Friday introduced its first EV architecture named ‘acti.ev’ meant to underpin future products from the TPEM portfolio.
Vietnamese company VinFast to make EV batteries in India
Jan 05, 2024, at 05:13 am
Chennai: Vietnamese electric vehicle manufacturer VinFast is preparing to open its first manufacturing facility in India to produce batteries, media reported.
EV registration jumps 19% between June and December
Dec 20, 2023, at 03:16 am
New Delhi: The Ministry of Heavy Industries on Tuesday said that a total of 819,223 electric vehicles (EVs) have been registered, according to a press release.
Tata Power adds 60,000+ home EV chargers in Q2FY24
Nov 23, 2023, at 06:30 am
Kolkata: Tata Power has added 11,529 new EV Home Chargers in the second quarter of FY24.
India and Tesla inching closer to a 'Make In India' deal: Report
Nov 22, 2023, at 07:35 am
New Delhi: India is nearing a deal closure with Elon Musk’s Tesla Inc. to enable the American automaker to export its electric vehicles to the country starting next year and establish a manufacturing facility within two years, Bloomberg reported citing sources familiar with the developments.
Nov 16, 2023, at 12:49 am
India is planning to invite bids for an 80 billion-rupee($960 million) incentive programme to manufacture electric vehicle batteries in the nation, media reports said.
India mulling 39% cut in tariff on EV imports to finalise FTA with UK: Report
Nov 09, 2023, at 05:14 am
New Delhi: India is considering a proposal to decrease import taxes on certain electric vehicles from the UK in order to finalise a free-trade agreement between the two nations by the end of this year, Bloomberg reported, citing sources.
Tesla likely to import cars from Germany in intial phase to enter Indian market: Report
Nov 09, 2023, at 04:29 am
New Delhi: Tesla will launch its entry into the Indian market with direct imports from its German Gigafactory, contrary to earlier reports that the Elon Musk-led company would manufacture cars in India, media reported.
South Korean firm Daewoo to reenter India to make power, energy, and electronic products, EVs
Oct 26, 2023, at 05:23 am
Mumbai: Daewoo, which manufactured Matiz and Cielo cars in India, is preparing for a re-entry into the country, this time focusing on a range of power, energy, and electronic products, including electric vehicles (EVs), Moneycontrol reported.
Bridgestone India partners with Tata Power to install EV chargers across select tyre dealerships
Oct 11, 2023, at 06:50 am
Kolkata: Bridgestone India and Tata Power have come together to install EV chargers for four-wheelers at Bridgestone dealerships on a pan-India basis.
JSW Group likely to seal deal with MG Motors India for EV manufacturing in India: Report
Oct 07, 2023, at 08:09 am
Mumbai: JSW Group is actively negotiating to acquire a stake in MG Motor India, aiming to introduce an electric vehicle tailored specifically for the Indian market.
L&T Finance partners with Ather Energy to offer up to 100% of Loan-to-Value (LTV) on EVs
Sep 30, 2023, at 03:51 am
Mumbai: L&T Finance, a Non-Banking Financial Company (NBFC), on Friday announced a partnership with EV manufacturer Ather Energy.
Volvo Car India starts delivery of its first born electric SUV C40 Recharge
Sep 15, 2023, at 04:59 am
Kolkata: Volvo Car India has commenced deliveries of its born electric C40 Recharge.
Tata Motors plans to set up dedicated sales network for EV this fiscal
Sep 15, 2023, at 03:40 am
Mumbai: Tata Motors is preparing to establish a dedicated sales network specifically for its electric passenger vehicles within the current fiscal year, media reports said.
Tesla to double auto component import to $1.7-1.9 billion from India this year: Piyush Goyal
Sep 14, 2023, at 05:24 am
New Delhi: Electric car company Tesla Inc is looking to source automobile components worth $1.7-1.9 billion this year from India, double the value of components imported by the car maker last year, Union Commerce Minister Piyush Goyal said on Wednesday.
JSW Group in talks with Chinese carmaker to make EVs in India: Report
Sep 01, 2023, at 03:01 am
Mumbai: India's JSW Group is entering into a licensing technology agreement with China’s Leapmotor, to build Electronic Vehicles (EVs) in India, Reuters reported.