Tesla is looking for commercial properties as large as 20,000-30,000 square feet each to open showrooms. Tesla Inc is scouting for locations to open showrooms in three Indian cities and has hired an executive to lead its lobbying and business efforts ahead of its planned entry into the country, sources familiar with the discussions told […]
Tesla Faces Speed Bumps As It Takes First Steps Into India’s Nascent Electric Vehicle Market, Analysts Warn
Tesla has finally taken some concrete steps to enter the vast Indian market, yet the e-vehicle giant must now navigate an inefficient and corrupt political system, the nation’s lack of battery charging infrastructure and immense poverty that would make its cars affordable only to a tiny elite, analysts warn. KEY FACTS On Wednesday, Tesla hired […]
NovaCHARGE Deploys 100 Electric Vehicle (EV) Charging Stations for City of Orlando
National Leader in EV Charging Solutions Managed Planning, Technical Design, and Delivery of Turnkey Hardware and Software Solution ORLANDO, Fla., April 5, 2021 /PRNewswire/ –NovaCHARGE, a nationally recognized technology manufacturer and turnkey systems integrator of electric vehicle (EV) hardware and cloud software, teamed with the city of Orlando and the Orlando Utilities Commission (OUC) to […]
Electric Vehicle Startup Rivian About to Make History if All Things Come True
Rivian is probably the only legitimate electric vehicle startup in the industry right now, aside from Tesla.In the past, many people had thought that Tesla was just a “fraudulent” company that was destined to fail. By turning itself into a highly profitable business, Tesla was able to prove everyone wrong. Its CEO Elon Musk was […]
Tesla first quarter sales of 185K more than double last year’s numbers
The number was more than double the deliveries for the same period last year. And it beat Wall Street estimates of 168,000 for January through March. The company says in a statement that the Model Y small SUV in China has been well received. DETROIT : Tesla says it delivered nearly 185,000 electric vehicles in […]
Nio Looks To Expand EV Charging Infrastructure In Partnership With Germany’s Metro
Chinese electric vehicle maker Nio Inc NIO 0.02% has agreed to partner with German retail giant Metro AG MTTWF to construct electric vehicle charging stations and battery swap stations, cnEVpost reported Monday. What Happened: Nio signed a long-term strategic partnership deal with the China arm of Metro, as per the report. The two companies will […]
Does Tesla’s Tumble Mean The Electric Car Party Is Over?
Tesla Inc’s (TSLA) stock has taken a tumble over the last few week, falling almost 30% since January 26.That’s hundreds of billions of dollars wiped off the value of one company in a matter of weeks. Other stocks int he sector took a similar beating, such as Nikola (NKLA) and Nio Limited (NIO). They are […]
Billionaire takes on Elon Musk in electric vehicle vs hydrogen debate
Iron ore billionaire Andrew Forrest is taking on Tesla Inc. CEO Elon Musk in his quest to promote green hydrogen as a game changer in the clean-energy transition. Forrest, the founder of Fortescue Metals Group Ltd., doubled down this week on his criticism of Musk’s view that hydrogen cars are “mind-bogglingly stupid.” In a speech […]
The US consumer safety regulator is investigating Tesla solar panel fires on Walmart stores and Amazon warehouses
The US Consumer Product Safety Commission is investigating Tesla’s solar panels, CNBC reported citing a FOIA response.Several Tesla installations have caught fire on homes and businesses, including Walmart and Amazon facilities. In 2019, Walmart filed a lawsuit against Tesla after seven stores experienced fires.The US Consumer Product Safety Commission is looking into several complaints of […]
If Tesla is Apple of electric vehicles, Volkswagen is betting it can be Samsung
The German giant is set to spend tens of billions of dollars trying to catch up with the US automaker “Let me begin with the obvious: e-mobility has won the race,” Herbert Diess, chief executive officer of Volkswagen AG, said on Monday. “It is the only solution to reduce mobility emissions fast.” Diess was speaking […]