Elon Musk, Chief Executive Officer of Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Tesla CEO Elon Musk sent an internal email on Wednesday, telling staffers that… Continue reading Elon Musk email says Tesla sent ‘incorrectly low’ severance packages to laid-off employees
Category: US Motoring Press
Tesla is laying off 285 employees in Buffalo, New York as part of a broad restructuring
Vehicles sit parked outside the Tesla Inc. solar panel factory in Buffalo, New York, U.S., on Wednesday, Dec. 26, 2018. Andrew Harrer | Bloomberg | Getty Images Tesla is laying off 285 employees in the state of New York as part of a broader restructuring according to a WARN notice filed in the state. Most… Continue reading Tesla is laying off 285 employees in Buffalo, New York as part of a broad restructuring
Bajaj Auto sees 2W industry sales growing 7-8% in FY25, e2W sales growth in ‘high teens’
Bajaj Auto expects India’s two-wheeler industry sales to grow in the high single digits during the current financial year while electric two-wheeler sales growth is projected in the ‘high teens’ amid disruption caused by the changes in electric vehicle subsidy. Growth in the two-wheeler industry is seen at 7-8 percent year-on-year, driven by higher sales… Continue reading Bajaj Auto sees 2W industry sales growing 7-8% in FY25, e2W sales growth in ‘high teens’
Bajaj Auto sees 2W industry sales growing 7-8% in FY25, e2W sales growth in ‘high teens’
Bajaj Auto expects India’s two-wheeler industry sales to grow in the high single digits during the current financial year while electric two-wheeler sales growth is projected in the ‘high teens’ amid disruption caused by the changes in electric vehicle subsidy. Growth in the two-wheeler industry is seen at 7-8 percent year-on-year, driven by higher sales… Continue reading Bajaj Auto sees 2W industry sales growing 7-8% in FY25, e2W sales growth in ‘high teens’
Aion Hyper SSR is Chinese electric hypercar with 1208bhp
Chinese manufacturer GAC has presented the Aion Hyper SSR electric hypercar to Europeans for the first time in Milan. The tri-motor Hyper SSR – short for Super Sport Race – packs some eye-watering performance figures, thanks to a claimed 1208bhp and 8851lb ft of torque. Measuring 4538mm long, 1988 mm wide and 1238mm high, the Hyper SSR is a… Continue reading Aion Hyper SSR is Chinese electric hypercar with 1208bhp
New Mazda CX-80: plush seven-seater tops line-up
Mazda is returning to the seven-seater market after a six-year absence with the CX-80, a luxurious new flagship SUV. Closely related to the CX-60, the CX-80 is the first three-row Mazda in Europe since the 5 MPV and the second model to use Mazda’s Large Product Group platform. Compared with the CX-60, its wheelbase is 250mm longer and its… Continue reading New Mazda CX-80: plush seven-seater tops line-up
Arcfox to Zeekr: Every new car at the 2024 Beijing motor show
The Beijing motor show returns next week for the first time since 2019, bringing an array of unveilings from both domestic and global manufacturers. Taking place from Wednesday, 24 April to Saturday, 4 May, one of the world’s most important motor shows will host unveilings of brand-defining concepts, tech-heavy showcases, ultra-luxurious flagship vehicles and crucial new global models. … Continue reading Arcfox to Zeekr: Every new car at the 2024 Beijing motor show
Bajaj Auto to launch new Chetak e2W in May, expand stores by 3x in 3-4 months
In a bid to sustain the electric vehicle adoption amid reducing demand subsidy, Bajaj Auto plans to introduce more accessible electric scooters in the market. The automaker will launch a new mass-market electric scooter under the Chetak brand in May while the company plans to expand its retail footprint by three times over the next… Continue reading Bajaj Auto to launch new Chetak e2W in May, expand stores by 3x in 3-4 months
Bajaj Auto to launch new Chetak e2W in May, expand stores by 3x in 3-4 months
In a bid to sustain the electric vehicle adoption amid reducing demand subsidy, Bajaj Auto plans to introduce more accessible electric scooters in the market. The automaker will launch a new mass-market electric scooter under the Chetak brand in May while the company plans to expand its retail footprint by three times over the next… Continue reading Bajaj Auto to launch new Chetak e2W in May, expand stores by 3x in 3-4 months
InnerCircle: ‘Preparedness is key to overall business success’, says Parikshit Kadam, CEO, Kabira Mobility
In a bid to remain ahead in the game, tech-savvy electric vehicle start-ups are realising that they have to adopt and adjust to ever changing market scenarios in India. Besides, capital raising is also one crucial aspect of their growth and development and there are many ways to do so – seed funding, debt financing,… Continue reading InnerCircle: ‘Preparedness is key to overall business success’, says Parikshit Kadam, CEO, Kabira Mobility