Tesla's new vehicle production plant, also known as a Gigafactory will be built in Texas, on a budget of USD 1.1 Bilion. The factory which is of a 2,000 acre-site, will be focusing on production of the new Cybertruck. The primary reason for choosing Texas was the tax rebates of up to USD 65 million offered by the state and would provide employment to the locals.
India offers a lower cost of production compared to China in an attempt to make Tesla start their manufacturing unit in the country. This decision comes a week after Tesla registered a company for the imports and sale of cars. Union minister… read-more
TAGS: Tesla, Union Minister, Elon Musk, China, Electric Car
Tata Sons chairman N Chandrasekaran confirmed that there is no dialogue with Tesla for a collaboration. The statement came after speculations arose of Tata partnering with Elon Musk-owned Tesla that recently entered the Indian market.… read-more
TAGS: Tesla, TATA Motors, JAGUAR LAND ROVER CARS, Tata Sons
Telangana's state consumer court has ordered Bharti Axa General Insurance to pay Sudhakar Raju, a Hyderabad-based Audi owner, Rs 17.54 lakhs on 7% interest. Raju fought a seven-year-long legal battle after Bharti Axa's surveyor wrongfully… read-more
TAGS: Audi, Hyderabad, TSCDRC, BHARTI AXA GENERAL INSURANCE, BHARTI AXA
E-vehicle manufacturer Okinawa Autotech has launched a new electric two-wheeler, specifically targetting the delivery businesses. Named Dual, the customisable two-wheeler comes with a 200-kg loading capacity and can deliver gas cylinders, water… read-more
TAGS: Electric Vehicle, B2B, Delivery, Dual, Okinawa
The Ministry of Road Transport and Highways (MoRTH) has announced that dual front airbags will be mandatory for all cars manufactured in India from August 31. For the new models that will enter the Indian market, the rule will be effective from … read-more
TAGS: MoRTH, Cars, Road Safety, Central Government
Meghalaya Government has introduced a new electric vehicle policy 2021 to be implemented from April 1. Applicable for the next five years, the policy aims at ensuring 15% EVs in Meghalaya by 2025 to save roughly 50 lakh litres of fuel. Offering… read-more
TAGS: Electric Vehicles, Meghalaya, Meghalaya governmnet, EVs