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Tag: Electric Vehicle (EV)
10 Results
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India’s EV landscape set to be transformed with key govt initiatives
According to Liz Lee, Associate Director at Counterpoint Research, India’s EV landscape is on the cusp of significant growth.
April 6, 2024 -
Tesla to showcase a ‘robotaxi’ on August 8: Elon Musk
In 2019, the company had indicated operating robotaxis by 2020. However, the plan did not materialise.
April 6, 2024 -
Electric vehicle sales in South Korea cross 5 lakh: Industry data
The number of EV chargers installed in the country also topped the 300,000 mark, reaching 305,509 units last year.
April 2, 2024 -
S. Korean govt mulls further cut in EV subsidies
The government has reduced the budget for the promotion of zero-emission vehicles from 2.56 trillion won ($1.89 billion) in 2023 to 2.31 trillion won this year.
March 31, 2024 -
India awaits Musk’s response as Centre clears road for Tesla’s entry
Presently, customs duty on cars imported as completely built units (CBUs) varies from 60-100 per cent, depending on their cost.
March 16, 2024 -
‘New EV manufacturing policy aims to attract global players and domestic value addition’
A maximum of 40,000 EVs at the rate of not more than 8,000 per year would be permissible if the investment is $800 million or more.
March 16, 2024 -
New govt scheme key to incentivise adoption of electric mobility: EV players
The policy fixes a minimum investment of Rs 4,150 crore for foreign companies who want to set up electric vehicle manufacturing facilities in the country.
March 15, 2024 -
Hyundai Motor’s sales up 6 pc in US due to hybrids, EVs
It sold a total of 60,341 units in the world's largest auto market last month, compared with sales of 57,044 units a year earlier.
March 2, 2024 -
EV maker Rivian to lay off 10% of staff to cut costs
The company announced the latest job cuts in its 2023 fourth-quarter (Q4) earnings call.
February 22, 2024 -
Tesla recalls more than 2 mn vehicles in US over warning lights issue
Tesla has started releasing an over-the-air software update free of charge to fix the issue.
February 3, 2024
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