The move comes as Tesla faces challenges stemming from sluggish demand for its electric vehicles in an increasingly competitive market.

The collaboration with Tata Electronics could be a crucial step in Tesla’s broader strategy to diversify its component sourcing beyond traditional suppliers.

Tesla intends to establish showrooms spanning 3,000 to 5,000 square feet, along with service hubs, in both New Delhi and Mumbai.

Brent futures for June delivery fell by 50 cents to USD 89.95 a barrel, while West Texas Intermediate (WTI) futures for May delivery dropped by …

Barton highlighted a significant reduction in investments in the mining industry since 2015-2016, resulting in a substantial shortfall of capital needed to develop new mines.

Making a surprising move, Lexus has discontinued the RC-F and LC coupe models in the UK, leaving the entire portfolio either hybrid electric or all-electric.

Ford stated its cooperation with NHTSA to facilitate the investigation process, to ensure vehicle safety and addressing regulatory concerns promptly.

This move comes in response to CEO Elon Musk’s reluctance to engage in collective bargaining, a stance that has been a cause of concern for …

Shi Yonghong, vice president of CCCME, criticised the investigation, expressing apprehension that its findings could be skewed and unfair.

The investment will primarily be directed towards expanding Volkswagen’s production facilities and innovation hub in Hefei.