Category: News Site

Tesla drops China-made Model 3 price by up to 10% as it introduces cheaper batteries

Tesla cut prices for its Chinese-market Model 3 sedans by up to 10%, as reported by Reuters. The company will outfit future standard-range Chinese-made Model 3s with cheaper, cobalt-free battery packs, anonymous sources told Reuters recently. Tesla did not confirm which batteries the standard-range car with the updated price currently uses.  The basic Model 3… Continue reading Tesla drops China-made Model 3 price by up to 10% as it introduces cheaper batteries

Tesla (TSLA) increases Powerwall price as demand is through the roof

Tesla (TSLA) has increased the price of the Powerwall, its home battery pack, as demand is still through the roof. There are a lot of factors currently greatly increasing demand for home energy storage. Heatwaves are creating some instabilities on electric grids in the US, even forcing some rolling blackouts in California. Many people are… Continue reading Tesla (TSLA) increases Powerwall price as demand is through the roof

Tata Motors September 2020 domestic sales up 37% at 44,444 units

Shailesh Chandra, Tata Motors said, “PV industry witnessed recovery in Q2FY21, supported by festive sales in some regions and continued benefit from pent-up demand across the country.” Tata Motors announced on Thursday that its total domestic sales increased 37% at 44,444 units in September 2020, as against 32,376 units in the same month last year.… Continue reading Tata Motors September 2020 domestic sales up 37% at 44,444 units

Volvo starts production of fully electric XC40 Recharge

Volvo Cars has begun production of the full electric XC40 Recharge. This represents a significant step towards Volvo Cars’ ambition to reduce its CO2 footprint per car by 40 per cent by 2025. That same year, it expects 50 percent of its global sales to consist of fully electric cars, with the rest hybrids. The… Continue reading Volvo starts production of fully electric XC40 Recharge

Kia India sells 18,676 units in September, Sonet pips Seltos with 9,266 units

Kia Motors India has registered its highest-ever domestic sales since its entry into the Indian market, with 18,676 units in September 2020. The biggest contributor in the company’s sales, Kia Sonet which made its market debut on September 18, 2020, at prices starting at Rs 671,000, dominated the compact SUV segment and recorded 9,266 unit sales… Continue reading Kia India sells 18,676 units in September, Sonet pips Seltos with 9,266 units

Hyundai India sells 50,313 units in September, up 23%

Hyundai Motor India (HMI) sold 50,313 units last month (September 2019: 40,705 / +23.6%). The company has bettered its growth trajectory over the last few months with September performance showing a 10 percent uptick over that of 45,809 units sold in August 2020. Its newly launched second-generation Creta is making waves and going at an… Continue reading Hyundai India sells 50,313 units in September, up 23%

MG Motor India sells 2,537 units in September

MG Motor India retailed 2,537 units in September 2020, a 3 percent decline on a year-on-year basis when it had sold 2,608 units in September 2019. Unlike most of its industry peers, MG’s performance even on a month-on-month basis is down 11 percent (August 2020: 2,851). However, in a quarter-to-quarter comparison, MG Motor India has… Continue reading MG Motor India sells 2,537 units in September