Unmasking Truths Unraveling Stories
Unmasking Truths Unraveling Stories
SoftBank Group-backed Ola Electric would invest $920 million (roughly Rs. 7,600 crore) in the southern Indian state of Tamil Nadu to manufacture electric cars and batteries for electric vehicles (EVs), a state government statement said on Saturday. Ola will invest $920 million (roughly Rs. 7,600 crore) through its subsidiaries Ola Electric Technologies and Ola Cell Technologies, […]
Tata Motors on Monday said it will supply 25,000 XPRES–T electric vehicle units to Uber in one of the largest deals in the green mobility space till date. As per a memorandum of understanding inked between the two entities, Uber will utilise the electric sedans in its premium category service, the companies said in a […]
Attorneys for a Tesla shareholder urged a Delaware judge on Tuesday to invalidate a 2018 compensation package awarded by the company’s board of directors to CEO Elon Musk that is potentially worth more than $55 billion (roughly Rs. 4,55,600 crore). The shareholder’s lawyers argue that the compensation package should be voided because it was dictated […]
Mercedes-Benz said on Wednesday that it has partnered with Google to develop branded navigation for its new MB.OS operating system, as carmakers seek more control over technology in their vehicles. The system will equip Mercedes-Benz cars with Google traffic information and automatic rerouting, and enable drivers to watch YouTube on the cars’ entertainment system when […]
Tata Motors has begun talks with sovereign wealth funds and private equity investors to raise up to $1 billion (roughly Rs 8,277 crore) via a stake sale in its electric vehicle (EV) business, Economic Times reported on Thursday, citing sources. The company plans to sell a significant minority stake, the newspaper report added, eyeing a […]
With the 2023 Formula 1 championship kicking off with pre-season testing in Bahrain on February 23 and the first grand prix weekend of the season scheduled for March 3, motorsport fans have a lot to look forward to. If you’re looking to catch up on what went down in the 2022 Formula 1 World Championship, […]
Elon Musk is about to release the third iteration of his “Master Plan” for Tesla, something he has apparently been working on for almost a year. Why does he bother? The original Master Plan, blogged in 2006 — four years before Tesla listed — read like a standard Silicon Valley bootstrapping pitch: Sell an expensive […]
Nissan Motor on Monday raised its electrified car sales goals and said it would boost power train production in the United States, as it looks to catch up in a segment dominated by newer automakers such as Tesla. The Japanese automaker was a pioneer in electric vehicles (EVs) with its all-battery-powered Leaf but has struggled […]
Tesla will cut assembly costs by half in future generations of cars, engineers told investors on Wednesday, but Chief Executive Elon Musk did not unveil when it will debut a much-awaited affordable electric vehicle. Shares fell more than 5 percent in after hours trade following the company’s investor day from its Texas headquarters. More than […]
Major Apple supplier Foxconn said on Saturday it was seeking cooperation in India in new areas like chips and electric vehicles (EVs) after a visit to the country by its chairman, Liu Young-way. Apple has been shifting production away from China after the country’s strict COVID-19 restrictions disrupted the manufacturing of new iPhone models and […]
