Tesla teases Tuesday event as focus shifts to affordable EVs
Tesla teased an October 7 event, in which investors and analysts anticipate the unveiling of a more affordable vehicle to counter falling sales, sending the shares of the Elon Musk-led…
Ola Electric shares rally 30% in 5 days. Should you buy, sell or hold?
Shares of Ola Electric Mobility surged as much as 13% on Monday to Rs 61.14 on the BSE, extending a rally that has lifted the stock 29.6% over the past…
Ferrari delays second EV model as demand slows
Milan: Ferrari has delayed plans for its second fully-electric model that was due out in 2026 to at least 2028, because of a lack of demand for high-performance luxury EVs,…
Volvo Cars to cut 3,000 jobs in restructuring
Sweden-based Volvo Cars said on Monday it will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in…
Auto industry’s shift toward EVs is expected to go on despite Trump threat to kill tax credits
If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it's likely that fewer buyers will choose EVs. Yet tax credits or…
Long-range EVs now cost less than the average new car in the US
The automotive industry has entered a fiercely competitive phase in the electric vehicle transition, and it’s producing an intriguing result for US car buyers: the first long-range EVs that are…
NSE launches Nifty500 Equal Weight index; base date April 1, 2005
NSE’s index services subsidiary, NSE Indices, on Friday launched a new strategy index — Nifty500 Equal Weight — which represents an alternative weighting strategy to its parent index, the Nifty…
Elon Musk: I’m against tax incentives for EVs
Tesla founder Elon Musk told tech investors in Paris on Thursday he opposed U.S. tariffs on Chinese electric vehicles (EVs), an about-face from his January warning that trade barriers were…
IPO ring to get louder in 2024 with companies looking to raise more than Rs 1 lakh crore
Mumbai: The momentum of India's primary market is poised to accelerate in 2024 with companies looking to raise more than ₹1 lakh crore through initial public offerings (IPOs), twice the…
Ola Electric records over 30,000 registrations in December, dominates the 2W EV segment with 40% market share
Ola electric scooters. | Photo Credit: Special Arrangement Ola Electric on January 1 announced that it recorded 30,219 registrations in December and captured a 40% market share in the EV…