The past year was sobering for investors who poured money into Tesla Inc and rival electric vehicle startups that hoped to emulate Tesla CEO Elon Musk’s success. As interest rates rose and financial markets gyrated, shares in many EV startups deflated. Rivian Automotive Inc, which had a higher market value than Ford Motor Co shortly […]
Elon Musk’s bold goal of selling 20 million EVs could cost Tesla billions – EQ Mag Pro
DETROIT : Tesla Inc Chief Executive Elon Musk has set his young company on an aggressive expansion path like no other auto executive has dreamed – but one riddled with potholes and road blocks that could stall or sidetrack the journey. Musk’s audacious goal of selling 20 million electric vehicles in 2030 is at the […]
Tata Motors Opposes Import Tax Cuts on Electric Vehicles For Elon Musk’s Tesla – EQ Mag Pro
Tata Motors, the electric car market leader in India, has opposed any reduction in import duty on electric cars as demanded by electric carmaker Tesla CEO Elon Musk. New Delhi: The Tata Group is reportedly against slashing import duties on electric vehicles (EVs) as demanded by electric car maker Tesla CEO Elon Musk, mentioning that […]
Community batteries: what are they, and how could they help Australian energy consumers?
Labor proposes funding batteries to allow households with solar power to pool excess electricity. Here’s what you need to know In what might be the most attention the battery world has had since Elon Musk built South Australia’s giant battery, Labor has announced that if they win the next election they will front up the […]
Rivian plans a network of 10,000 EV chargers in North America by 2023
Rivian is poised to counter one of Tesla’s greatest advantages: its extensive charging network. As The Verge notes, Rivian has revealed plans to install over 10,000 Level 2 AC chargers (“Waypoints” in Rivian lingo) across the US and Canada through 2023. The first installations are due in July, when Colorado’s 42 state parks will get […]
