Tesla knocked USD 2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk. The company cut the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling […]
Category: Power
Power
Odysse Electric looking to raise USD 5-10 million for expansion
Mumbai: Electric two-wheeler maker Odysse Electric is looking to raise USD 5-10 million to drive its growth plans, including new product development and scaling up manufacturing capabilities, as it sets sight on the mass segment, company’s Chief Executive Officer Nemin Vora has said. The company has already started the process to secure external funding, which […]
Tesla cuts prices in China, Germany and other key markets amid sales slump
Tesla has announced significant price cuts for its electric vehicles (EVs) in key markets, including China and Germany, as it grapples with declining sales and heightened competition. This move follows price reductions in the United States and comes on the heels of the company reporting a drop in global vehicle deliveries for the first time […]
Elon Musk’s Robotaxi dreams plunge Tesla into chaos
Elon Musk’s underlings at Tesla Inc. are accustomed to chaos. It comes with the territory of working for a chief executive who sets exacting targets and often abruptly switches directions — whose biographer describes his more intense moods as “demon mode.” But even by Tesla standards, this year has been unruly. Its stock has slid […]
How to use Google Maps to find EV charging stations near you
In a bid to promote environmental sustainability, more individuals are turning to diverse vehicles. These eco-friendly options not only help in saving on fuel costs but also prove to be more economical than traditional petrol or diesel vehicles. Despite these advantages, the scarcity of charging stations can pose a challenge for users. To address this […]
Indian Biogas Association joins hands with HAI to promote hydrogen
Indian Biogas Association (IBA) has partnered with Hydrogen Association of India (HAI) to promote bio-based energy solutions with a special emphasis on green and blue hydrogen. Talking to PTI, IBA Chairman Gaurav Kedia said, “IBA and HAI have signed a memorandum of understanding (MoU) aimed at promoting the production of green energy within the nation”. […]
Elon Musk postpones India trip due to ‘very heavy Tesla obligations’
Tesla chief Elon Musk has postponed his planned trip to India where he was to meet Prime Minister Narendra Modi on Monday and announce plans to enter the South Asian market. The CEO in a post on X said, “Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do […]
Elon Musk’s India trip may see breakthroughs for Starlink, Tesla
Days after Tesla Inc.’s largest-ever round of layoffs and hours before its quarterly earnings, Elon Musk will fly to India to squeeze in a meeting with Prime Minister Narendra Modi. It’s not an idle period for Modi either, who’s criss-crossing states for election rallies days after voting kicked off in the world’s biggest ballot where […]
Tesla recalling more than 3,000 of its 2024 Cybertrucks due to faulty pedal
Tesla is recalling more than 3,000 of its newly launched 2024 Cybertrucks because of the possibility that a pedal can get stuck and cause the vehicle to accelerate unintentionally, increasing the risk of a crash.
Charging network operators, energy companies for common transaction platform for EV users
New Delhi, A group of charging network operators and energy companies have joined forces to create a common transaction network for users of battery-based vehicles. The platform named Unified Energy Interface (UEI) will also be linked to Unified Payments Interface (UPI) to offer customers payment options through multiple bank accounts, Akhil Jayaprakash, co-founder of Pulse […]
The wind is picking up, but only in China
For the past few years, the global wind industry has been stuck in the doldrums. With rising interest rates and materials costs whittling away developers’ profit margins, and political and economic elites cooling on the energy transition, installations of new turbines went sideways. Even as the electric vehicle and solar industries gathered speed, wind ran […]
Honda to launch next-generation EVs in China by 2027
Japan’s Honda Motor plans to launch six next-generation electric vehicle (EV) models branded Ye in China by 2027, the automaker said on Tuesday. It added that it also planned to roll out a total of 10 Honda-brand EV models in China by 2027 in the race to ensure EVs make up 100% of its automobile […]