As part of its efforts to diversify the energy mix and enhance energy storage technologies, Dubai Electricity and Water Authority (DEWA) has inaugurated a pilot project for energy storage at the Mohammed bin Rashid Al Maktoum Solar Park using Tesla’s lithium-ion battery solution. The project has a power capacity of 1.21 MW and an energy […]
At present, cars imported as completely built units attract customs duty ranging from 60% to 100%, depending on engine size and cost, insurance and freight value less or above $40,000 New Delhi: The heavy industries ministry has asked US-based electric car major Tesla to first start manufacturing its electric vehicles in India before any tax […]
In a ‘Make in India’ push, the Centre has asked Tesla to initiate production in India first in order to be considered for import duty relief. The Union Government has asked Elon Musk-owned Tesla to manufacture its green vehicles in India in order to be considered for tax concessions, sources have revealed. The company which […]
The CEO hinted that it might not even be equipped with a steering wheel, reports electrek.co Tech billionaire Elon Musk has reportedly told Tesla employees that the automaker is planning to unveil its previously announced $25,000 electric car in 2023. Musk earlier noted that this new price point is achieved through Tesla’s new battery cell […]
Musk earlier noted that this new price point is achieved through Tesla’s new battery cell and battery manufacturing effort, which could reduce battery costs by over 50 per cent. Tech billionaire Elon Musk has reportedly told Tesla employees that the automaker is planning to unveil its previously announced $25,000 electric car in 2023. The CEO […]
High-profile CEO Elon Musk wants India to slash import duties on cars to make it viable for him to launch Tesla electric vehicles (EVs) here. Import duties in India are generally high, particularly on cars. Ideally, these should be reduced. However, the current duty structure was put in place as part of a policy to […]
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 […]
The electric vehicle market has expanded exponentially over the past five years. Tesla drew attention to the zero-emissions powertrain with the launch of its all-electric (and all-expensive) lineup. General Motors entered early with its Chevrolet Volt plug-in hybrid and Bolt EV, and Nissan introduced the Leaf. Today, nearly every automaker in the U.S. has pledged […]
Gaining a foothold in the Indian car market won’t be easy considering EVs account for only 1% of the nation’s annual car sales and Tesla’s automobiles are very expensive Tesla Inc. is closer to making its official debut in India after it received approval to make or import four models in the South Asian nation. […]
Tesla’s planned launch of a retail electricity offering to existing customers within the ERCOT service area in Texas will lean heavily on battery storage as well as solar for its expertise, assets and routes to market. Newly-created subsidiary Tesla Energy Ventures filed an application in mid-August with the Texas Public Utilities Commission (PUC), for certification […]