Bringing The World Together.
NEW DELHI: India is ready to offer incentives to ensure Tesla’s cost of production would be less than in China if the carmaker commits to making its electric vehicles in … Read More
LONDON: Volvo’s entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase out fossil-fuel engines by … Read More
HONG KONG: China’s Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world’s largest telecommunications equipment maker, … Read More
Tesla Chief Executive Officer Elon Musk said the electric vehicle company’s Fremont, California plant shut down for two days this week due to “parts shortages” and had reopened on Wednesday. … Read More
MUMBAI: The Reserve Bank of India (RBI) has “major concerns” about cryptocurrencies, Governor Shaktikanta Das said on Wednesday, flagging potential risks to financial stability. Das said he had communicated his … Read More
LONDON/NEW YORK: Bitcoin, shares of Tesla, and a high-flying exchange-traded fund (ETF) fell on Tuesday, retreating from recent rallies in a volatile session that gave investors a gut check. It … Read More
Elon Musk, the maverick boss of Tesla, is no longer the world’s richest person after shares in the electric car company dropped 8.6% on Monday, wiping $15.2bn (£10.8bn) off his … Read More
Luxury electric vehicle maker Lucid Motors on Monday agreed to go public by merging with blank-check firm Churchill Capital IV Corp in a deal that valued the combined company at … Read More
South Korean automaker Hyundai Motor Co launched its Ioniq 5 midsize crossover on Tuesday, the first in a planned family of electric vehicles (EV) that it hopes will propel it … Read More
South Korean automaker Hyundai Motor Co launched its Ioniq 5 midsize crossover on Tuesday, the first in a planned family of electric vehicles (EV) that it hopes will propel it … Read More
MOSCOW: Moscow plans to nearly quadruple the number of electric buses it operates in coming years and replaces all petrol or diesel-powered public transport vehicles with greener alternatives by 2030, … Read More
BERLIN: The semiconductor crunch that has battered the auto sector leaves carmakers with a stark choice: pay up, stock up, or risk getting stuck on the sidelines as chipmakers focus … Read More
SEOUL: An electric bus manufactured by Hyundai Motor Co caught fire on Monday while in use in South Korea, a fire official said on Tuesday, months after similar fires in … Read More
An invitation from Tesla boss Elon Musk for Russian President Vladimir Putin to join him for a chat on a social networking app? “Very interesting,” the Kremlin said on Monday. … Read More
WASHINGTON: A clear cryptocurrency regulatory regime is urgently needed as major companies like Tesla Inc, BNY Mellon Corp and Mastercard Inc embrace the alternative asset class, a top Securities and … Read More