Dive into the tech & future
Elon Musk is about to release the third iteration of his “Master Plan” for Tesla, something he has apparently been working on for almost a year. Why does he bother? The original Master Plan, blogged in 2006 — four years before Tesla listed — read like a standard Silicon Valley bootstrapping pitch: Sell an expensive … Read more
Tata Motors has begun talks with sovereign wealth funds and private equity investors to raise up to $1 billion (roughly Rs 8,277 crore) via a stake sale in its electric vehicle (EV) business, Economic Times reported on Thursday, citing sources. The company plans to sell a significant minority stake, the newspaper report added, eyeing a … Read more
A revamped alliance between Renault and Nissan will face an early test in India, where the automakers plan new investment in a bid to close the gap on rivals, people with knowledge of the plans told Reuters. The automakers reached a deal in principle on Monday to restructure their two-decade partnership by putting both companies … Read more
India’s electric vehicles (EV) market is expected to grow to one crore units annual sales by 2030 and create 5 crore direct and indirect jobs, according to the Economic Survey 2022-23. The survey tabled in Parliament on Tuesday said that in December 2022, India became the third-largest automobile market, surpassing Japan and Germany in terms … Read more
Leading EV charging solutions provider Tata Power on Friday said it has started a nationwide plan of setting up 25,000 electric vehicle (EV) charging points across the country to support faster adoption of e-mobility over the next five years. The company is showcasing its range of hi-tech electric vehicle charging solutions at the ongoing Auto … Read more
Tata Motors on Monday kicked off customer deliveries of the electric version of its mini truck ‘Ace’ with price starting at Rs. 9.99 lakh (ex-showroom). Initially, the company will commercially introduce the electric mini truck in ten cities, starting with Delhi, Pune and Mumbai followed by Bengaluru, Hyderabad, and Chennai, Tata Motors Executive Director Girish … Read more
Renault is considering building a mass-market electric vehicle in India, two people with knowledge of the ongoing review told Reuters, as part of a renewed push into a market where EV adoption is expected to grow quickly from a small base. The study by Renault underscores how the French automaker is pushing ahead with electrification … Read more