Category: Power

In a big relief for Tesla, its vehicles passed the key test of compliance with China’s data security rules as its billionaire CEO Elon Musk who air dashed to Beijing on Sunday met Premier Li Qiang to press for all clear approval for his cars which faced stiff competition from local rivals. Musk’s Tesla, which […]

BEIJING: Tesla CEO Elon Musk made progress towards rolling out the automaker’s advanced driver-assistance package in China on a whirlwind weekend trip to Beijing, sending the company’s shares up by almost 18% on Monday. Prior to Monday’s share price jump, Tesla shares had lost about a third of their value this year as concerns have […]

According to March 6, 2023 stats, India had 21.7 lakh electric vehicles (EV) on the road out of total 33.8 crore vehicles. This makes up 0.6% of the total count. EVs are innovating a Quiet revolution, transformingthe auditory landscape of urban areas tremendously. This transformation offers not only environmental

Majority of occupiers in India prefer at least half of their office portfolio to be powered by renewable sources by 2030 to align with broader net zero carbon (NZC) goals, according to a JLL study. Around 43% of these occupiers are based in Delhi, followed by 27% in Mumbai, Bengaluru, and Chennai at 17% and […]

Infrastructure firm Megha Engineering and Infrastructure (MEIL) on Monday said it has bagged a 2,000-megawatt Sharavathi pumped storage power project in Karnataka entailing an investment of Rs 8,000 crore. The Sharavathi river is a vital source of hydroelectric power in Karnataka, a company statement said, adding that with a planned total power generation capacity of […]

New Delhi, State-owned power giant NTPC Group’s installed power generation capacity has crossed the 76 GW-mark with commissioning of a 57-MW solar power energy capacity in Rajasthan. “Consequent upon successful commissioning and due approvals, first part capacity of 57 MW out of 90 MW Anta Solar PV Project at Anta, Rajasthan, is declared on commercial […]

Tesla CEO Elon Musk’s surprise visit to China has proven to be a strategic move yielding significant results. The Tesla boss has managed to get a key clearance from China that will be a big shot in the arm for the behemoth EV maker’s efforts to resurrect declining sales and win trust in China where […]

Leasing is adding to the momentum in electric vehicle sales, even as vehicle price remains a dampener in EV adoption, industry executives and experts said. The EV leasing business has grown substantially over the past 8-12 months, they said. With the base still remaining low, this segment is expected to continue its quick growth.

Elon Musk’s new plan to use current product lines as the basis for new affordable vehicles – rather than springing for all-new models – follows the playbook of Tesla’s old-school Detroit rivals, as some Tesla investors and analysts see it. The shift toward incremental improvement, mirroring a common strategy of Ford and General Motors, suggests […]

It was sometime in early 2022 when Elon Musk, CEO of Tesla, had tweeted about India’s high import duty levels for cars and why this was impacting his company’s entry into this market. In no time, representatives from West Bengal, Telangana, Tamil Nadu, Maharashtra, Punjab and Karnataka tweeted right back that they were ready to […]

Beijing: How about turning a car’s front bucket seats 180 degrees so they face the rear seats and extending out a table so the occupants can play cards or eat a meal? Or a 43-inch screen for the passengers in the back seat? The seemingly never-ending efforts of China’s electric-car makers to redefine the automobile […]

New Delhi: Hero Electric scooter company Hero Electric has approached the Punjab and Haryana High Court seeking relief from recovery of subsidies availed under the government’s flagship scheme to promote electric mobility. The move comes in the backdrop of the Centre considering measures to recover money from three companies who allegedly availed sops wrongfully under […]