In a response to a tweet, Tesla Inc’s CEO Elon Musk suggested that the carmaker is likely to foray into the Indian car market next year. Maharastra, India’s richest state, had invited the U.S. electric carmaker to invest in the country. In a tweet on Thursday, the state’s tourism and environment minister Aaditya Thackeray said,…
On Thursday, U.S. electric vehicle maker Tesla Inc stated, it has trimmed the starting price for its China-made Model 3 vehicles by nearly 8% to $36,805.21 (249,900 yuan). The development comes in the wake of Tesla receiving subsidies from the Chinese government for its electric vehicles. Earlier the starting price for its Model 3 electric…
In a development that marks the setting up of infrastructure for electric vehicles, managers at Tesla demonstrated a new supercharger in a research campus at Berlin saying, they were looking to target more cities to install electric vehicle charging infrastructure to increase the traction of EVs for potential buyers. “Now, as part of our commitment…
Jaguar Land Rover cars will have built-in smart wallets through which drivers can earn IOTA coins. On Monday, Britain’s biggest auto manufacturer, Jaguar Land Rover stated, it is testing a software that allows drivers of its cars to earn the IOTA cryptocurrency as a reward for sharing data. Jaguar Land Rover is developing a “smart…
The move is likely to help China in its goal to expand its tech capability, manufacturing and distribution channels and better compete in the world stage. Toyota Motor Corp stated, it is in the midst of setting up a research institute in Beijing in partnership with Tsinghua University. The partnership will study uses of car…
Norway is pushing to end the sales of fossil-fuel powered vehicles by 2025. In a development that underscores the real potential of the EV market, nearly a third of all new cars sold in Norway in 2018 were pure electric. This new world record and milestone comes as Norway strives to end sales of…
companies in the conglomerate are set to form joint ventures that will see them develop solutions for separate components of self-driving technologies. On Monday, four companies from the Toyota Motor Corp stated they would form a joint venture to develop software that manages components for self-driving technology including brakes, steering and others. In a joint…
In what is likely to be a part of Beijing’s strategic “Made in China 2025” policy, China is pushing automakers to focus on improving the technology in next generation cars rather than rely on its subsidies to meet sales targets. On Friday, as per a report by Bloomberg citing anonymous sources, Beijing is considering a…
All of JLR’s vehicles, after 2020, will sport BlackBerry’s infotainment software from its QNX unit. On Thursday, Tata Motors Ltd and BlackBerry Ltd stated they have reached a licensing agreement whereby Tata Motors can use BlackBerry’s software in its next-generation electric vehicles. BlackBerry will provide its security and infotainment software to Tata Motors’ JLR unit…
Holding a dominant market share in India’s fierce ride-hailing market, Ola plans on launching itself in Australia by inviting driving partners and private vehicle owners in the cities of Perth, Melbourne and Sydney. On Tuesday, Ola, an Indian ride-hailing company announced plans on entering the Australian market intensifying its effort to win market share embattled…
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