Tesla Will Have To Be ‘Vocal For Local’ If They Need Tax Sops
American electric vehicle and clean energy company Tesla Inc is welcome to India if they commit to local manufacturing, assembling, and sourcing norms, a senior finance ministry official said on Friday. The official said, “If Tesla or other firms need…
Tesla Captures Almost 80% Of South Korean Imported EV Market
Korean media reports that during the first nine months of this year, Tesla sold in South Korea 10,518 electric cars, which is a dominant number in the imported EV segment – over 79%. The total number is 13,261, and only…
Elon Musk Donates 1,255 Ventilators To California After Buying Oversupply From China
Elon Musk has delivered more than 1,200 ventilators to California officials this week, an effort that will provide treatment for hospital patients with severe cases of COVID-19. Gov. Gavin Newsom said during a press conference the Tesla boss had made…
Tesla’s Car Registrations In China Fell 35% M-o-M in February
U.S. electric vehicle maker Tesla Inc’s China car registrations fell 35% in February, month on month, data from auto consultancy LMC Automotive showed. Overall auto sales in China plunged 79.1% in February, marking their biggest ever monthly decline, as a…
Tencent Backed Electric Car Startup-NIO Says It Might Not Survive Covid-19
Cash-strapped Chinese electric vehicle maker NIO said it had substantial doubt about its ability to remain operational in the next 12 months while awaiting new funding to shake off difficulties heightened by the novel coronavirus pandemic. “Based on the management’s assessment,…
Batteries|Key Factor for Tomorrow’s EVs
GM’s EV Day announced their Ultium EV platform that they are planning to use for their future EVs, and they revealed much of their upcoming battery plans. But Tesla, VW, Ford and others are also quickly scaling up battery production…
Tesla Apologized Profusely For The Fuss, Claiming Coronavirus Delayed The Availability Of The Latest Chip
Tesla stirred up a hornet’s nest in China by promising customers their Model 3 cars built in Shanghai would come with the company’s version 3 self-driving computer chip but then delivering cars that have only the last-generation version 2.5 chip…
Why Tesla Prices In China Will Eventually Come Down
The trade war is taking a toll on almost all businesses across sectors and geographies. US automakers, including Tesla (TSLA), are one such sector—and they’re feeling twice the heat due to slowing demand in the US and China and uncertainty…
Nio Ties With Razer To Roll Out Tailored EVs For E-sports Lovers
Chinese electric vehicle maker Nio has kicked off cooperations with Razer, one of the world’s leaders in high-performance gaming hardware and systems, Nio announced in a press release. As the first fruit of their partnership, a customized version of the Nio…
Tesla Triples European Sales In First Half Of 2019 As Regional Car Market Drops 7.9%
As the overall European car market fell nearly 8% in June over last year, Tesla managed to both buck the trend and triple its sales in the region in the first half of 2019. The Model 3 was also Europe’s…
