Tesla And BYD Both Seeking To Make Affordable EVs In India
India is the world’s third-largest new-car market, after China and the U.S., and the two leading EV makers are looking to tap it with affordable models. Tesla is discussing an investment deal with the Indian government that would see the…
Tesla Is Set To Conquer Untapped Electric Vehicle Car Market In India
Elon Musk-owned Tesla‘s long-awaited plan for India’s debut appears to be gaining momentum after a considerable delay. The company is reportedly planning to establish a massive factory in India, capable of producing 500,000 electric vehicle (EV) units annually. According to media…
Tesla Offers New China Rebate As Price Cuts Rock EV Market
Tesla on Friday offered a new incentive to boost electric vehicle sales in China as it notified some workers making battery packs at its Shanghai complex of layoffs, according to a company announcement and a worker who had received the…
Sales surge for three emerging Chinese Tesla competitors as BYD takes the lead.
Hong Kong, not only China-based BYD, which is now a formidable electric car-maker, but three other Tesla rivals have also seen their sales surge in June in China as demand for EVs comes back on track. According to a report in the South China…
Factbox-EV Makers Plug Into Tesla’s Charging Network
More electric-vehicle makers signed up to access Tesla’s charging infrastructure across the United States, potentially making the Elon Musk-led company’s superchargers the industry standard. Tesla’s North American Charging Standard (NACS) is more widely available and reliable than rival charging network…
Tesla China On Track To Hit Record Q2 Sales Even As Market Share Shrinks Amid Heated Rivalry
TSLA is gearing up to report its global second-quarter deliveries this weekend. Pointers are toward a record performance, with the electric vehicle maker’s key China market likely seeing marked strength. What Happened: Tesla’s second-quarter China sales may have increased 13% quarter-over-quarter to 155,000 units,…
Musk Says After Meeting Modi, Tesla Coming To India
After hearing Prime Minister Narendra Modi`s “Make in India” pitch, Tesla CEO Elon Musk has announced a change of plans, saying that his electric vehicle and battery company will now come to India “as soon as it is humanly possible”….
Tesla Needs India And India Needs Tesla. Now It’s All About Making It Work
At first, about a year ago, the Indian government stood steadfast on its demand that if Tesla needed to sell cars in India, it had to set up a local manufacturing facility in the country, home to the third-largest automobile…
Tesla China sells 77,695 Vehicles in May, a 2.44% month-Over-Month Increase
Recent figures released by the China Passenger Car Association (CPCA) have revealed that Tesla China was able to sell a total of 77,695 domestically-produced vehicles in May. The number includes electric cars that were exported to foreign territories. Tesla’s May 2023…
Ola Electric and Tesla to Bid for India’s Lithium Reserves in J&K
Recently, a large amount of Lithium reserves were found in the Jammu & Kashmir state of India. The Indian government has announced that bidding will be done for the newly discovered Lithium reserves. Many automobile manufacturers come ahead to participate…
