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  • Tesla CEO Elon Musk accuses Chinese electric car maker Xpeng of stealing his firm's source codes Nov 23, 2020 03:20 PM IST

    Tesla CEO Elon Musk accuses Chinese electric car maker Xpeng of stealing his firm's source codes

    Earlier in July 2019, a former engineer at Tesla -- Guangzhi Cao -- had admitted to uploading Tesla's Autopilot source code to his iCloud account. Following this, Tesla had sued Cao for allegedly giving the secret code to Xpeng.

  • Ford CEO Jim Farley says automaker weighing making own batteries for EVs Nov 13, 2020 10:02 PM IST

    Ford CEO Jim Farley says automaker weighing making own batteries for EVs

    "We are discussing (battery) cell manufacturing," Ford's Chief Executive Officer Jim Farley told a Reuters Events broadcast on Friday. "I think that's natural as (EV) volume grows."

  • Mercedes-Benz EQC review: A silent acceleration into the future Oct 24, 2020 02:29 PM IST

    Mercedes-Benz EQC review: A silent acceleration into the future

    The EQC gets traditional SUV styling, complete with a grille up front. The styling is different, however, and the EQC will stand out when placed among other Mercedes SUVs.

  • BMW raises electric car components capacity at Bavarian plant Feb 06, 2020 03:26 PM IST

    BMW raises electric car components capacity at Bavarian plant

    The number of employees in the division will rise to 1,400 from 600 by the end of the year and is slated to grow to 2,000 over the mid-term, he added.

  • Nitish Kumar reaches Bihar assembly by electric car Jul 25, 2019 04:51 PM IST

    Nitish Kumar reaches Bihar assembly by electric car

    As his vehicle landed on the porch of the historic building that houses the bicameral legislature, he was presented with a bouquet by Transport Department Principal Secretary Sanjay Agarwal.

  • Ola’s Mission: Electric – Softbank’s $250 million is only the beginning of a wave Jul 03, 2019 01:33 PM IST

    Ola’s Mission: Electric – Softbank’s $250 million is only the beginning of a wave

    Shared mobility is in for a renaissance – this time, electric is the catchword. Softbank’s latest funds infusion bears testimony to that

  • Tesla begins offering leases for Model 3 Apr 12, 2019 10:25 AM IST

    Tesla begins offering leases for Model 3

    Tesla said its customers in the United States would be able to lease any Model 3 variant for a small down payment and monthly payments thereafter, but they will not have the option to buy the car at the end of the lease.

  • Indian ex-Tesla employee charged in $9.3 mn embezzlement scheme Nov 13, 2018 12:25 PM IST

    Indian ex-Tesla employee charged in $9.3 mn embezzlement scheme

    Salil Parulekar has been charged with nine counts of wire fraud and one count of aggravated identity theft. If convicted, the maximum penalty for each count of wire fraud is twenty years' imprisonment and a USD 250,000 fine.

  • Prince Charles gets bespoke Tata Motors' electric Jaguar Sep 03, 2018 08:28 AM IST

    Prince Charles gets bespoke Tata Motors' electric Jaguar

    The environmental campaigner, who has already installed solar panels on royal roofs and switched to low-energy light bulbs, will be handed the keys to the new 60,000-pound Jaguar I-Pace next week, the Sunday Times reported.

  • BMW to build 1 billion euro electric car factory in Hungary Jul 31, 2018 01:40 PM IST

    BMW to build 1 billion euro electric car factory in Hungary

    The plant will have a production capacity of 150,000 cars a year and be able to make both electric and combustion engined vehicles.

  • Hyundai plans to roll out electric vehicles from Chennai plant Jun 28, 2018 06:05 PM IST

    Hyundai plans to roll out electric vehicles from Chennai plant

    Hyundai Motor India Ltd (HMIL), which has sold 8 million vehicles cumulatively in the country in 20 years of operations, is also targeting to cross the 10 million milestone in the first quarter of 2021. With plans to bring eight new products between 2018 and 2020, HMIL is also increasing its annual production capacity to 7.5 lakh units from January next year from 7 lakh at present.

  • Volvo aims to increase electric car sales to 50% by 2025 Apr 26, 2018 04:30 PM IST

    Volvo aims to increase electric car sales to 50% by 2025

    The announcement builds on Volvo Cars’ 2017 industry-first announcement that all new models released from 2019 will be available as either a mild hybrid, plug-in hybrid or battery electric vehicle. Volvo currently sells the XC90 T8 Excellence as the only electric-hybrid car in India.

  • Chinese automaker plans electric car production in South Africa Apr 25, 2018 05:04 PM IST

    Chinese automaker plans electric car production in South Africa

    BAIC Group's announcement at the Beijing auto show, the industry's biggest sales event of the year, came as Nissan unveiled its first electric car designed for China while General Motors displayed Buick SUV it says can go 600 kilometres on one charge.

  • Nissan sees electric car sales surging to 1 million annually by 2022 Mar 23, 2018 05:35 PM IST

    Nissan sees electric car sales surging to 1 million annually by 2022

    Japan's No. 2 automaker and its rivals are planning to crank up development and production of electric cars in response to tightening emissions regulations around the world, even as demand for such vehicles remains limited due to their high cost and limited charging infrastructure.

  • BMW says electric car mass production not viable until 2020 Mar 22, 2018 07:40 PM IST

    BMW says electric car mass production not viable until 2020

    Munich-based BMW unveiled its first battery electric car in 2013, and has been working on different generations of battery, software and electric motor technology since then.

  • No time-frame decided on all electric car fleet in India: Anant Geete Feb 21, 2018 08:21 AM IST

    No time-frame decided on all electric car fleet in India: Anant Geete

    The minister said the government wants to encourage adoption of electric mobility by changing people's mindsets and cooperation of the automobile industry.

  • Renault-Nissan alliance, Didi Chuxing to explore China electric car-sharing tie-up Feb 07, 2018 01:17 PM IST

    Renault-Nissan alliance, Didi Chuxing to explore China electric car-sharing tie-up

    A person familiar with the matter said the new potential partnership is about looking at the possibility of supplying all-electric battery car models for Didi's new service.

  • Daimler to invest $755 million in China for electric car, battery production: Executive Nov 17, 2017 11:21 AM IST

    Daimler to invest $755 million in China for electric car, battery production: Executive

    Hubertus Troska, head of Daimler's greater China operations, told reporters that the investment was part of Daimler's previously announced 10 billion euros ($11.8 billion) global green car initiative.

  • Battery swapping can push electric car revolution: ADB blog Oct 23, 2017 04:10 PM IST

    Battery swapping can push electric car revolution: ADB blog

    Tenders to procure 10,000 high-performance electric cars have already been announced, and the government is expected to invite bids for 50,000 electric three-wheelers from the original equipment manufacturers by the end of this year.

  • Tesla system partly to blame in fatal 2016 crash: Safety panel Sep 13, 2017 08:21 AM IST

    Tesla system partly to blame in fatal 2016 crash: Safety panel

    The driver's "overreliance" on the Tesla system -- designed as a semi-autonomous diving system to be used with a human operator -- permitted "prolonged disengagement" that led to the collision with the freight trailer, the National Transportation Safety Board report said.

  • Bond investors give Tesla a $1.8 billion endorsement Aug 12, 2017 01:41 PM IST

    Bond investors give Tesla a $1.8 billion endorsement

    Those robust returns, however, have shrunk as a strong reservoir of cash ready to deploy in the riskiest areas of the high-yield fixed income market has pushed them to near their lowest levels in three years. That has given junk-rated issuers such as Elon Musk's U.S. car company the opportunity to raise cash cheaply.

  • Tesla seeks $1.5 billion junk bonds issue to fund Model 3 production Aug 08, 2017 07:35 AM IST

    Tesla seeks $1.5 billion junk bonds issue to fund Model 3 production

    The debt offering marks Tesla's debut in the junk-bond market and the company will start road-shows on Monday, IFR reported, citing lead bankers on the deal.

  • Toyota set to sell long-range, fast-charging electric cars in 2022 Jul 25, 2017 08:28 AM IST

    Toyota set to sell long-range, fast-charging electric cars in 2022

    Current electric vehicles (EVs) typically have a range of just 300-400 kilometres (185-250 miles) and need 20-30 minutes to recharge even using fast chargers. By using all-solid-state batteries, which can store more energy and can recharge more quickly than lithium ion batteries, Japan's top automaker would be removing the two key shortcomings associated with EVs today.

  • Govt to Tesla: No local sourcing required for manufacturing in India May 23, 2017 03:47 PM IST

    Govt to Tesla: No local sourcing required for manufacturing in India

    The government responded to apprehensions expressed by Tesla founder Elon Musk that the company would have to source a certain percentage of local components to set up plant here.

  • Mahindra pulls the plug on electric car sales in UK May 03, 2017 03:32 PM IST

    Mahindra pulls the plug on electric car sales in UK

    Mahindra's exit from the UK comes less than a year after it launched the e2o car in a market it considered a launch-pad for selling electric cars in Europe, especially to countries like Norway, Sweden and the Netherlands.

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