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Elon Musk's Tesla sold only 1 electric car in South Korea in January. Here's why

Published on Feb 09, 2024 10:31 AM IST

Carmakers are facing a slowdown in enthusiasm for EVs in South Korea as higher interest rates and inflation prompt consumers to rein in spending

Elon Musk, Chief Executive Officer of SpaceX and Tesla.(REUTERS)
Bloomberg |

‘Mr Bean’ actor Rowan Atkinson faces flak over his article on EVs. What he said

Rowan Atkinson had headlined the article as,"I love electric vehicles - and was an early adopter. But increasingly I feel duped."

Rowan Atkinson celebrates Mr Bean's 25th anniversary at Buckingham Palace in this file photo.
Updated on Feb 08, 2024 08:48 AM IST

Ola Electric weighs bid for lithium mining rights, says report

Government auctions lithium mining rights, Ola Electric may participate.

Bhavish Aggarwal, co-founder and CEO of Ola, poses for a photograph with the new Ola electric scooter during its launch at the Ola headquarters in Bangalore on August 15, 2021. (AFP)
Published on Feb 07, 2024 06:14 PM IST

Why Honda is recalling over 7.5 lakh vehicles in US?

Honda recalls over three quarters of a million vehicles in the US.

The Honda logo(REUTERS)
Published on Feb 06, 2024 10:25 PM IST
AP | | Posted by Singh Rahul Sunilkumar

Tesla ordered to pay $1.5 million over alleged hazardous waste violations

Elon Musk's Tesla has been ordered to pay USD 1.5 million over alleged hazardous waste violations in California.

The logo of car manufacturer Tesla (Reuters)(REUTERS)
Published on Feb 05, 2024 03:59 PM IST
PTI |

Mercedes sees strong cash flow following focus on top models

Industrial cash flow amounted to €11.3 billion ($12.3 billion), the company said late Thursday in preliminary figures.

Mercedes-Benz Group AG rose after reporting better-than-expected cash flow for last year as the luxury-car maker pivots to focus on its most profitable models.(File photo)
Published on Feb 02, 2024 04:09 PM IST
Bloomberg |

Auto makers start 2024 on high note, report growth in January sales

Some of the biggest auto makers in the country saw a significant growth in the first month of 2024.

Tata Motors and Mahindra recorded immense growth in January 2024(Reuters)
Published on Feb 01, 2024 09:27 PM IST
PTI |

How China overtook Japan as world's biggest vehicle exporter

The country had already been shipping more vehicles than Japan on a monthly basis, but Wednesday's data confirmed that it was also number one for a whole year.

FILE PHOTO: A view shows new cars produced by Chinese automaker JAC unloaded from a ship at a commercial port in Vladivostok, Russia (REUTERS)
Published on Jan 31, 2024 03:14 PM IST
AFP |

Should Tesla change state? Elon Musk launches poll after $56bn pay deal setback

Elon Musk is not entitled to the landmark compensation package valued at over $55 billion at Tesla, a Delaware court said.

FILE PHOTO: Tesla CEO Elon Musk (REUTERS)
Published on Jan 31, 2024 08:53 AM IST

Elon Musk's Tesla loads up on AI hardware to improve self-driving software

Tesla CEO Elon Musk said he plans to buy chips from Advanced Micro Devices Inc. as part of a spending spree on computing hardware to handle AI.

Elon Musk has said that he plans to buy AMD chips as an AI investment.(AFP/File Photo)
Published on Jan 29, 2024 05:44 PM IST
Bloomberg |

Hero-owned Surge unveils S32, a 'Batmobile'-like convertible EV. Details

The EV can transition from a rickshaw to scooter in just three minutes.

Surge S32 EV (Image courtesy: Hero Motocorp.)
Published on Jan 28, 2024 09:04 AM IST
By, New Delhi

Karizma-based CE001 unveiled as tribute to Hero Group founder Brijmohan Munjal

The bike is a limited edition offering, and will have only 100 units.

Hero CE001 (Image courtesy: Hero Motocorp.)
Published on Jan 27, 2024 03:56 PM IST
By, New Delhi

Ola e-bike services now available in Delhi, Hyderabad too. Check fares

Also, the company will increase deployment of e-bikes in Bengaluru, where it is headquartered, and witnessed ‘massive pilot success’ last year.

Ola e-bike service (Image courtesy: Ola)
Published on Jan 27, 2024 10:57 AM IST
By, New Delhi

Porsche Macan EV launched in India at 1.65 crore

For now, only the Macan Turbo variant will go on sale, and deliveries will commence in the second half of the year.

Porsche Macan (Image courtesy: Porsche India)
Published on Jan 26, 2024 04:11 PM IST
By, New Delhi

On Tesla's new mass-market EV, a word from CEO Musk: ‘Workers will have to…''

The project has been codenamed ‘Redwood’ and will enter production in the second half of 2025.

Tesla CEO Elon Musk (File Photo/AP)
Published on Jan 26, 2024 02:25 PM IST
By, New Delhi

Tesla plans new mass market EVs, codenamed ‘Redwood’: Report

The models will include an entry-level $25,000 car, the report said.

The logo of EV manufacturer Tesla (REUTERS)
Published on Jan 25, 2024 12:51 PM IST
Reuters |

Hero Xtreme 125R launched at 95,000, rivals TVS Raider

The bike comes in two variants – the base IBS model and the top ABS model ( ₹99,500; ex-showroom).

Xtreme 125R (Image courtesy: Hero Motocorp)
Published on Jan 24, 2024 03:29 PM IST
By, New Delhi

This carmaker overtakes Volkswagen as China's best-selling car brand

China's best-selling car brand reflects the lead of Chinese automakers in affordable and hi-tech EVs.

BYD Co. E5 electric vehicles in taxi livery at a lot in Shenzhen, China on Wednesday, 17 January 2024.(Bloomberg)
Published on Jan 23, 2024 02:49 PM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar

Maruti Suzuki to introduce 7-seater Grand Vitara model by 2025

Grand Vitara outsells Tata Nexon, Hyundai Creta, and Kia Seltos in compact SUV segment.

Grand Vitara is one of the biggest launch from Maruti Suzuki.
Published on Jan 21, 2024 04:15 PM IST

Tata Motors to hike passenger vehicle prices from next month

Tata Motors cites input cost rise for price increase

Tata Motors(Reuters File Photo)
Published on Jan 21, 2024 12:43 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Honda NX500 adventure tourer launched in India at 5.90 lakh

The bike is being offered in three colour options: Grand Prix Red, Matte Gunpowder Black Metallic, and Pearl Horizon White.

Honda NX500 adventure tourrer (Image courtesy: Honda)
Published on Jan 21, 2024 12:13 AM IST
By, New Delhi

Why Ford is cutting production of F-150 Lightning pickup?

Ford to reduce F-150 Lightning production, shift workers to other facilities

(FILES) Ford Motor Company' unveils their new electric F-150 Lightning outside of their headquarters in Dearborn, Michigan on May 19, 2021. (AFP)
Published on Jan 20, 2024 04:10 PM IST
AP | | Posted by Singh Rahul Sunilkumar

Rolls-Royce's first-ever luxury EV Spectre launched in India. It costs…

The Spectre is built on the brand's all-aluminium spaceframe architecture.

Rolls-Royce Spectre(Rolls-Royce)
Published on Jan 19, 2024 05:03 PM IST

Centre may provide incentives to retrofit old vehicles into EV

India's Vehicle Scrappage Policy is aimed at phasing out old and unfit vehicles and replacing them with newer and more environment-friendly ones.

As of 2023, the global retrofit vehicle market is estimated at USD 65.94 billion and projected to reach USD 125.37 billion by 2032 with a compounded annual growth rate of 7.40 per cent. (Shutterstock)
Published on Jan 18, 2024 02:49 PM IST
PTI |

Tata Punch EV launched at starting price of 10.99 lakh. Check features, specs

Tata Punch electric SUV is available in four variants i.e Smart, Adventure, Empowered and Empowered +.

Punch EV is the first EV in Tata Motors' lineup to have Gen 2 Pure EV platform called Acti.EV
Published on Jan 17, 2024 01:08 PM IST

How to update FASTag KYC details before January 31 deadline? Details

FASTags with a valid balance but an incomplete KYC will get deactivated or blacklisted by banks post after January 31.

The prepaid recharge card scans the FASTag and deducts the toll fee from the car owner's account linked to the sticker (File)
Published on Jan 17, 2024 09:23 AM IST

2024 Hyundai Creta facelift launched at 11 lakh base price; check price list

The facelifted 2024 Hyundai Creta was launched on Tuesday at a base price of ₹11 lakh, with many modifications on its exterior.

The 2024 Hyundai Creta will retain its dimensions but will rely on its styling updates to further its already healthy prospects in the Indian SUV market.
Published on Jan 16, 2024 03:37 PM IST
ByVaishnawi Sinha

NHAI to deactivate these FASTags on cars from January 31; here's why

NHAI has announced that it will be deactivating the FASTags that have an incomplete KYC from January 31, 2024.

NHAI will discontinue certain FASTags from January 31.
Published on Jan 16, 2024 10:43 AM IST
ByVaishnawi Sinha
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