Electric Vehicles

Tesla’s Disappointing Q1 2024 Results: Double-Digit Declines in Automotive Revenue, Net Profit

Tesla has been struggling with the low demand for its electric vehicles (EVs), as evidenced by its first quarter 2024 earnings report. During this period, the EV company produced 433,371 vehicles with a 1.69% YoY decline and delivered 386,810...

Elon Musk and Mukesh Ambani Are Joining Hands? A Game-Changing Alliance to Leave Competitors in the Dust

When the world's two most powerful and influential business tycoons join hands, something really enormous is supposed to happen. Isn't it? We are talking about Elon Musk and Mukesh Ambani. Their respective companies, Tesla and Reliance, are reportedly in...

India’s Automobile Retail Industry 2023: Over 2 Crore Vehicles Sold, SUVs Were In Strong Demand

India, one of the world's fastest-growing economies, has witnessed remarkable growth in its automobile sector in 2023. The year witnessed Indians indulging more in two-wheelers (2W) than any other vehicle category, marking a significant shift in buying patterns. The...

Ola’s Aggressive Push into India’s E-Bike Taxi Market: Offering Monthly Earnings Up to Rs 70K!

In a bold move to expand its presence and stay ahead of rivals like Uber, Ola is making an aggressive push into the electric bike taxi market in Bengaluru, India. The company is targeting e-bike riders with the promise...

Tesla Is Set To Conquer Untapped Electric Vehicle Car Market in India with Revamped Pricing Strategy

Elon Musk-owned Tesla's long-awaited plan for India's debut appears to be gaining momentum after a considerable delay. The company is reportedly planning to establish a massive factory in India, capable of producing 500,000 electric vehicle (EV) units annually. According...

Tesla’s Record-Breaking EV Car Production and Deliveries in Q2 2023 Leave Investors in Awe

In the ever-evolving world of electric vehicles, Elon Musk-owned Tesla, Inc. (NASDAQ: TSLA) has established itself as a formidable force and continues to amaze both investors and industry analysts. The second quarter of 2023 proved to be no exception,...

Global EV Sales 2022: Tesla’s Model Y remained the best-selling model

The demand for electric vehicles (EVs) has been increasing at a rapid pace worldwide. Companies are leaving no stone unturned to gain a sizable share of the EV market. Interestingly, global EV sales hit an all-time high of 10.2...

India’s vehicle retail sales Q3 2022: Three Wheelers recorded the highest growth

Indians are buying vehicles like never before. This year, the country has recorded an all-time high growth in vehicle retail sales. According to Federation of Automobile Dealers Associations (FADA) data, India sold 5,938,844 units of vehicles in Q3 2022,...

Xiaomi Electric Car: Gearing Up For 2024 Launch

Xiaomi electric vehicle could soon be a reality as the company has set its eyes on the fast-growing electric vehicle market. The Chinese technology giant is expected to launch its first electric car in the second quarter of 2024. The...

Elon Musk Effect: Government Considers Sharp Import Tax Cut On EVs in India

Last month Elon Musk revealed one of the real causes behind the delay in launch of Tesla Cars in India - higher import tax. According to Reuters, the government of India is, now, exploring options to cut down import...
- Advertisement -

Latest News

Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions

Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
- Advertisement -