In Short : Tesla is considering Maharashtra for its first EV plant in India as its market entry gains momentum. The company has started hiring for key roles and is in talks with Indian authorities. With potential investments of $2-3 billion, Tesla’s move could boost local economies, create jobs, and accelerate India’s transition to sustainable […]
Tesla to scout sites in India for $2 bn-$3 bn EV plant – EQ
In Short : Tesla plans to explore potential sites in India as part of its $2 billion to $3 billion investment plan for electric vehicles (EVs), signaling its interest in expanding its presence in the country’s burgeoning EV market. In Detail : Tesla (TSLA.O), opens new tab will send a team from the United States […]
Tesla proposes building battery storage factory in India: sources – EQ
India told Tesla no incentives possible for battery storage plant, but New Delhi could consider subsidy for buyers, says report Elon Musk-led Tesla has drawn up plans to make and sell battery storage systems in India and submitted a proposal to officials seeking incentives to build a factory, said a report on Thursday, as the […]
Toyota unveils innovations to improve range, performance of electric vehicles – EQ Mag
TOKYO : Toyota (7203.T) will introduce high-performance, solid-state batteries and other technologies to improve the driving range and cut costs of future electric vehicles (EVs), the automaker said on Tuesday, a strategic pivot that sent its shares higher. The Japanese giant’s technology roadmap, covering aspects as varied as next-generation battery development and a radical redesign […]
The Sorry State of EV Charging – EQ Mag
It’s the Wild West today, and it remains unclear which businesses will provide the bulk of EV fast charging five or 10 years down the road—and which can keep their charging sites in good repair. When was the last time you drove into a gas station and weren’t able to get fuel for your car? […]
Tesla jumps as GM deal makes its charging network closer to US standard – EQ Mag
Tesla (TSLA.O) shares closed 4% higher on Friday after General Motors (GM.N) joined Ford (F.N) in agreeing to use its electric-vehicle charging network, a big win that analysts said could make Tesla Superchargers an industry standard in the United States. The rare partnership among three of the biggest U.S. automakers ensures that more than 60% […]
Tesla is about to pull the plug on its main EV charging rival – EQ Mag
In the 2000s, there was a media format war between Sony’s Blu-ray and Toshiba’s HD DVD. Sony, which owns a production company, convinced Warner Bros. to drop the rival format. And then Paramount followed suit, putting the last two nails in HD DVD’s coffin. Fast-forward to today’s electric vehicle charging standards war, and it feels […]
Elon Musk kicks off China visit, Tesla expansion in focus – EQ Mag
BEIJING : Tesla Chief Executive Elon Musk on Tuesday kicked off a high-stakes visit to China with a meeting with the country’s foreign minister in Beijing, marking his return to the electric carmaker’s largest production hub after three years. The trip is the latest return by a top U.S. CEO to China since the country […]
Ford’s EV charging deal with Tesla puts pressure on GM, other rival automakers – EQ Mag
A surprise deal between Ford Motor and Tesla on electric vehicle charging technology and infrastructure could put new pressure on other automakers’ EV strategies. Ford CEO Jim Farley and Tesla CEO Elon Musk announced the deal Thursday during a live audio discussion on Twitter Spaces. RBC Capital analyst Tom Narayan said the Ford-Tesla deal could […]
Tesla offers China-made electric vehicles for sale in Canada – EQ Mag
Tesla is listing China-made Model 3 and Model Y models for sale in Canada, the company’s website showed on Tuesday, confirming the electric car maker has completed its first shipments to North America from its Shanghai factory. Tesla’s website showed both rear-wheel drive Model Y vehicles and the long-range, all-wheel drive version of the Model […]