In her Union Budget address, Finance Minister Nirmala Sitharaman announced that India will launch its National Hydrogen Energy Mission (NHEM) in 2021-22. The proposal in the Budget will be followed up with a mission draft over the next couple of months a roadmap for using hydrogen as an energy source, with a specific focus on […]
Tesla Selects Karnataka for Electric Vehicle Plant in India: PTI
Tesla Inc. chose the state of Karnataka for its first plant in India as the electric vehicle maker sets its sight on Asia’s third-biggest economy, according to the Press Trust of India. The southern state’s chief minister B S Yediyurappa announced the plan, PTI reported Saturday. Last month, Elon Musk, the world’s richest man and […]
Musk Offers US100 Million in Search of World’s Best Carbon Capture Technology
Elon Musk, now the world’s richest man, tweeted the other day that he’s giving away US$100 million to anyone who can come up with the best carbon capture technology. Those interested are encouraged to go for it. Some news outlets indicated that Musk was referring to the nonprofit Xprize Foundation, which regularly holds competitions for […]
Tesla CEO says electric cars will double global electricity demand
Increasing the availability of sustainable energy is a major challenge as cars move from combustion engines to battery-driven electric motors FRANKFURT: Tesla Chief Executive Elon Musk said on Tuesday that electricity consumption will double if the world’s car fleets are electrified, increasing the need to expand nuclear, solar, geothermal and wind energy generating sources. Increasing […]
Tesla to enter India in 2021: Gadkari
Tesla Inc. co-founder and chief executive Elon Musk had in October said the company will enter the Indian market in 2021 New Delhi: Union Minister Nitin Gadkari on Monday said American electric car major Tesla is set to start its operations in India next year and would also look at setting up of a manufacturing […]
Elon Musk: Apple CEO didn’t take meeting about buying Tesla
He refused to take the meeting.” Tesla’s market value is USD 616 billion, as of the close of trading Tuesday. One-tenth of that is USD 61.6 billion. San Francisco : Tesla CEO Elon Musk says he once considered selling the electric car maker to Apple, but the iPhone maker’s CEO blew off the meeting. In […]
China goes ahead with hydrogen-powered cars, defying Elon Musk’s warnings
In a 15-year plan for new-energy vehicles released on Nov. 2, China’s State Council said the country will focus on building the fuel-cell supply chain and developing hydrogen-powered trucks and buses Tesla Inc. Chief Executive Officer Elon Musk has spent years mocking the idea of using hydrogen fuel cells rather than electric batteries to power […]
Maharashtra invites Tesla after Elon Musk hints entry into country
In a tweet on Thursday, state tourism and environment minister Aaditya Thackeray said he and industries minister Subhash Desai held a video call with Tesla executives earlier in the day to invite them to the state Maharashtra has invited U.S. electric-car maker Tesla Inc, weeks after its Chief Executive Officer Elon Musk suggested entering the […]
Elon Musk says Tesla has ‘many exciting things’ to reveal on Battery Day
Tesla will reveal “exciting” news on Sept. 22, the automaker’s CEO Elon Musk declared on Twitter. Musk on Friday gave an update about the company’s upcoming Battery Day event. The hyped-up ceremony will be held immediately following Tesla’s annual shareholder’s meeting later this month. “Many exciting things will be unveiled on Battery Day 9/22,” Musk […]
Electric-car startup Lucid to follow Tesla into energy storage
The Newark, California-based company is developing home batteries — similar to Tesla’s Powerwall — and utility-scale devices, Chief Executive Officer Peter Rawlinson said in an interview Lucid Motors Inc., the electric-vehicle startup that has yet to build a production car, is following Tesla Inc.’s footsteps into the energy-storage business. The Newark, California-based company is developing […]