EV maker

Why Elon Musk may not drive Tesla to India anytime soon

In contrast, Rivian, a smaller competitor known for its electric SUVs and pickup trucks, has decided...

auto | 5 months ago

VinFast sued in the US for not paying rent for showroom

SPG Center said in its complaint it had sent VinFast a notice to pay or quit on April 26, but VinFas...

auto | 5 months ago

Japanese auto supplier Exedy to invest USD 150 mn in Omega Seiki Mobility

OSM currently operates in the electric 3-wheeler segment, where it claims to be a number 2 player in...

auto | 4 months ago

Vietnamese EV maker VinFast considers delaying USD 4 bn US plant

The spokesperson said VinFast had twice revised the size of the factory's general assembly building....

auto | 4 months ago

Ather's Maha plans: BJP leader urges CM Siddaramaiah to persuade firm to invest in Karnataka

The BJP lawmaker, in a chat with ET, said the development was disappointing because Ather was headqu...

auto | 4 months ago

Tesla to recall over 120,000 vehicles in US - NHTSA

Tesla Model X Tesla is recalling 120,423 vehicles in the U.S. over the risk of cabin doors being unl...

auto | 4 months ago

Polestar reports decline in 2023 revenue as EV maker grapples with slowing demand

Polestar said it will report its first-quarter results and second-quarter volumes on July 2 before t...

auto | 3 months ago

Tesla deliveries set to fall for second straight quarter

Tesla's stock has lost a quarter of its value this year, making it one of the worst performers on th...

auto | 3 months ago

Nio CFO Feng steps down, EV maker appoints insider as successor

Feng would be succeeded by insider Stanley Yu Qu, who had joined the company in October 2016 and las...

auto | 3 months ago

China EV maker BYD to build USD 1 bn plant in Turkey

The deal could ease the access of investors, including BYD, which is the largest EV producer in the ...

auto | 3 months ago

EV maker Lucid beats quarterly deliveries estimates helped by price cuts

Lucid delivered 2,394 vehicles in the quarter ended June 30, above estimates of 1,940 units, accordi...

auto | 3 months ago

Ola Electric eyes lower valuation of USD 4.5 bn for IPO, say sources

Ola Electric is likely to list on Indian bourses in the first week of August, said the two sources, ...

auto | 3 months ago

Rivian sticks to production forecast, posts second-quarter margin below estimates

Rivian said its loss amounted to 39% of a vehicle's sales price, greater than the LSEG estimates of ...

auto | 2 months ago

View: Automaker Ola Electric’s IPO is putting Modinomics to the test

In June last year, it abruptly cut the subsidy for first-time buyers, lifting the price of Ola’s bas...

auto | 2 months ago

Swedish EV maker Polestar starts U.S. production, avoiding heavy tariffs

Polestar sold 3,555 Polestar 2 sedans, its first battery powered car, in the U.S. during the first h...

auto | 2 months ago

EV maker Rivian halts production of Amazon delivery vans amid parts shortage, shares down 5%

The part shortage would not affect the production of other Rivian vehicles, including its R1S SUV an...

auto | 2 months ago