Tesla helped electric vehicles gain a mainstream foothold in the US by starting with luxury cars and then moving down-market. India’s nascent transition to EVs is heading in the opposite direction.
Tesla founder and CEO Elon Musk has become one of the best known people on the planet through his extraordinary ability to make the future look cool. And created enormous wealth for a company that has still to spin a profit.
Octillion Power Systems, the US-based manufacturer of advanced energy storage systems for electric vehicles (EVs) and power grids, today announced its foray into the fast-growing Indian market.
Carbon Footprint Cuts: Electric Vehicles Set To Get Big Boost From Narendra Modi Government; Know How It Will Impact You
Close to half of the motor vehicles on Indian roads will run on electricity by 2030, if the meets the goals set under under action plan to curb use of fossil fuels.
Tesla Inc is close to an agreement to produce its electric cars in China for the first time and gain better access to the world’s largest auto market,Bloomberg reported, citing people familiar with the matter.
The government today clarified that US-based electric car major Tesla will not have to source local components if it plans to set up a manufacturing unit in India.
Elon Musk’s solar roof project is one of his many initiatives under Tesla that promote use of clean energy. Solar roof basically involves incorporating solar cells in roof tiles