Budgetary allocation of Rs 300 crores provision for H2 infra for commercial vehicles not enough say industry experts As against a total commitment of Rs 19,700 crore for the National Green Hydrogen Mission the Rs 300 crore sanctioned in the Union Budget is far too minuscule as the squeeze in fund availability will directly delay infrastructure… Continue reading Budgetary allocation of Rs 300 crores provision for H2 infra for commercial vehicles not enough say industry experts
Category: US Motoring Press
Rapido joins hands with RACEnergy for swappable e-autos for Hyderabad
Swiggy-backed Rapido has joined hands with battery swapping and tech start-up RACEnergy for the deployment of swappable e-autos in Hyderabad which will be pressed into service by the end of CY2023. Rapido co-founder Aravind Sanka confirmed the development and said “RACEnergy’s battery-swapping technology and energy-dense batteries will help us make electric transport available for the masses.… Continue reading Rapido joins hands with RACEnergy for swappable e-autos for Hyderabad
Automakers kick off Hyderabad E mobility with – Rall E on Sunday
A large contingent of domestic automakers led by Mahindra Last Mile E-mobility three-wheelers, electric buses from Telangana State Road Transport Corporation (TSRTC), and zero-emission vehicles from EV makers such as TVs, Ola, Ather, Uber, Grafton, Quantum, Atum Motors, Bud-e Bikes, Pure EV, Eto, and Citroen passenger electric cars joined hands to kick off Hyderabad E… Continue reading Automakers kick off Hyderabad E mobility with – Rall E on Sunday
Automakers kick off Hyderabad E mobility with – Rall E on Sunday
A large contingent of domestic automakers led by Mahindra Last Mile E-mobility three-wheelers, electric buses from Telangana State Road Transport Corporation (TSRTC), and zero-emission vehicles from EV makers such as TVs, Ola, Ather, Uber, Grafton, Quantum, Atum Motors, Bud-e Bikes, Pure EV, Eto, and Citroen passenger electric cars joined hands to kick off Hyderabad E… Continue reading Automakers kick off Hyderabad E mobility with – Rall E on Sunday
ATS ELGi expands wheel aligners portfolio with 2 new-age products
ATS ELGI, a wholly owned subsidiary of ELGi Equipments Ltd, has launched two new products Velox – a Contactless Wheel aligner and Spectrum 4C and High precision premium 3D wheel aligner at the recently held Auto Expo 2023. According to company officials both the products have received strong orders from individual garages and large corporates… Continue reading ATS ELGi expands wheel aligners portfolio with 2 new-age products
Tesla raises price of Model Y, Ford won’t do same for Mustang Mach-E
After making headlines for price cuts on its electric vehicles in January, Tesla reversed course and raised the price of its Model Y late Friday after the U.S. government relaxed regulations for electric vehicle tax credits. But Ford is not planning to raise the Mustang Mach-E price or change plans to offer a price break… Continue reading Tesla raises price of Model Y, Ford won’t do same for Mustang Mach-E
Elon Musk Said Tesla Buyout Plan Didn’t Involve ‘a Specific Number’
Under direct questioning by a federal judge on Tuesday, Elon Musk could not say exactly how much money investors were considering putting into his 2018 proposal to take Tesla off the stock market. Mr. Musk wrote on Twitter on Aug. 7, 2018, that he had “funding secured” for the deal. But during his last day… Continue reading Elon Musk Said Tesla Buyout Plan Didn’t Involve ‘a Specific Number’
Elon Musk Says He Could Have Raised Funds to Take Tesla Private
Elon Musk said on Monday that he had not lied or misspoken about his plan to take Tesla off the stock market in 2018, testifying in federal court that Saudi Arabia’s sovereign wealth fund had “unequivocally wanted to take Tesla private.” Investors are suing Mr. Musk, Tesla and the company’s board because they contend that… Continue reading Elon Musk Says He Could Have Raised Funds to Take Tesla Private
Elon Musk Testifies That His Tweets Did Not Drive Tesla’s Stock Price
In his testimony, Mr. Musk said he thought Twitter was “the best way to communicate with people,” including “investors, big and small.” He also said he used Twitter to share memes, a comment that drew laughter from some people watching the trial. Mr. Musk also acknowledged that in July 2018 his associates and friends, including… Continue reading Elon Musk Testifies That His Tweets Did Not Drive Tesla’s Stock Price
Elon Musk’s Appetite for Destruction
And yet, as Robert Lowell wrote, “No rocket goes as far astray as man.” In recent months, as the outrages at Twitter and elsewhere began to multiply, Musk seemed determined to squander much of the good will he had built up over his career. I asked Slavik, the plaintiffs’ attorney, whether the recent shift in… Continue reading Elon Musk’s Appetite for Destruction