BP Pulse has reduced the number of countries it operates in from 12 to four, focusing now on the US, Britain, Germany and China.
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INDUSTRY NEWSLatest News
US issues auto dealers over USD 580 million in advance EV tax rebates this year
In December last year, the Treasury issued guidelines aimed at weaning the U.S. EV supply chain away from China.
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VinFast last year sold 35,000 EVs, quite below its 50,000 target, representing just a tiny fraction of its 300,000 vehicle production capacity.
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The U.S National Highway Traffic Safety Administration (NHTSA) has opened a preliminary evaluation to investigate certain units of the Cadillac Lyriq EVs over braking issues.
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INDUSTRY NEWSLatest News
Mahindra Group commits INR 1200 crore investment in renewable energy
by Biplab Dasby Biplab DasThe initiative highlights Mahindra’s dedication to operating ‘Planet Positive’ businesses and transitioning towards sustainable energy solutions.
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INDUSTRY NEWSLatest News
Tesla plans workforce reduction amidst soft demand
by Biplab Dasby Biplab DasThe move comes as Tesla faces challenges stemming from sluggish demand for its electric vehicles in an increasingly competitive market.
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INDUSTRY NEWSLatest News
Tesla partners with Tata Electronics for semiconductor supply
by Biplab Dasby Biplab DasThe collaboration with Tata Electronics could be a crucial step in Tesla’s broader strategy to diversify its component sourcing beyond traditional suppliers.
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Ahead of its IPO launch, Ola has aggressively cut down prices of its most affordable scooter whereas its arch-rivals have recently received a price hike. …
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INDUSTRY NEWSLatest News
Tesla explores showroom locations in India ahead of market entry
by Biplab Dasby Biplab DasTesla intends to establish showrooms spanning 3,000 to 5,000 square feet, along with service hubs, in both New Delhi and Mumbai.
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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 …