Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City. Slaven Vlasic | Getty Images Elon Musk said Chinese electric auto makers will find “significant” success outside of China, even as his firm, Tesla, faces intense competition from these same… Continue reading Elon Musk says Chinese EV makers will ‘pretty much demolish’ most competitors without trade barriers
Category: US Motoring Press
Tesla shares close down 12% after automaker warns of slowdown
Tesla and SpaceX CEO Elon Musk reacts during an in-conversation event with British Prime Minister Rishi Sunak in London on Nov. 2, 2023. Kirsty Wigglesworth | Reuters Tesla shares closed down 12% Thursday, their biggest drop in over a year, a day after the company reported earnings that missed expectations and warned of a slowdown… Continue reading Tesla shares close down 12% after automaker warns of slowdown
Shares of Tesla suppliers in Asia take a beating after automaker misses targets
A Tesla Inc. Model 3 long range electric vehicle charges at the Tesla Supercharger station in Kettleman City, California, U.S., on Wednesday, July 31, 2019. Patrick T. Fallon | Bloomberg | Getty Images Shares of electric vehicle makers and Tesla‘s Asia suppliers tumbled on Thursday after the EV maker missed fourth quarter revenue and profit… Continue reading Shares of Tesla suppliers in Asia take a beating after automaker misses targets
Agratas collaborates with Tata Technologies for advanced battery solutions
Agratas, Tata Group’s global battery business, and Tata Technologies, a global product engineering and digital services company, have joined forces to expedite the development and industrialisation of top-tier battery solutions. This collaboration will facilitate Agratas in enhancing its product development, incorporating the design and integration of battery cells into modules and packs for global customers… Continue reading Agratas collaborates with Tata Technologies for advanced battery solutions
Agratas collaborates with Tata Technologies for advanced battery solutions
Agratas, Tata Group’s global battery business, and Tata Technologies, a global product engineering and digital services company, have joined forces to expedite the development and industrialisation of top-tier battery solutions. This collaboration will facilitate Agratas in enhancing its product development, incorporating the design and integration of battery cells into modules and packs for global customers… Continue reading Agratas collaborates with Tata Technologies for advanced battery solutions
Toyota GR Yaris gains two WRC-inspired special editions
Toyota has detailed two special editions of the recently upgraded GR Yaris hot hatchback, which will go on sale in limited numbers later this year. Named the GR Yaris RZ High Performance Sébastien Ogier Edition and the GR Yaris RZ High Performance Kalle Rovanperä Edition, they were first revealed at the Tokyo Auto Salon last year. As their names… Continue reading Toyota GR Yaris gains two WRC-inspired special editions
New Audi RS5 estate set to rival AMG C63 with hybrid V6
Saloon and Avant estate bodystyles will be offered for the standard A5, with each unlikely to grow in size compared with the current A4. For reference, it stretches to 4772mm in length, 1847mm in width and 1435mm in height. Only the estate has been spotted testing so far in full-bore RS guise, and it is… Continue reading New Audi RS5 estate set to rival AMG C63 with hybrid V6
TVS working on new product lineup for Norton; likely to be ready in 2 years
TVS Motor Co is developing a new product lineup for its UK-based motorcycle brand Norton with an anticipated launch by 2026. New products that are expected to target both global markets will be in the super-premium segment, which the company’s management said is a specialized category growing disproportionately in many markets. “We need to have… Continue reading TVS working on new product lineup for Norton; likely to be ready in 2 years
Mercedes-Benz India inaugurates MAR20X luxury showroom in Nagpur
Mercedes-Benz has inaugurated its MAR20X luxury showroom in Nagpur, aligning with its global retail strategy transition. According to Santosh Iyer, Managing Director & CEO, Mercedes-Benz India, the company’s outstanding performance in 2023, marked by 17,408 units sales, reflects its desirability. The Central Star Nagpur is the first of 25 facilities in India transitioning to Mercedes-Benz’s… Continue reading Mercedes-Benz India inaugurates MAR20X luxury showroom in Nagpur
PPS Motors inaugurates advanced 3S facility for Tata Hitachi
PPS Motors, a prominent player in the extensive dealer network, has inaugurated a state-of-the-art 3S facility for Tata Hitachi, further reinforcing its commitment to providing comprehensive support for Tata Hitachi’s construction and mining equipment range. This facility, strategically positioned on NH74 in Salem with easy accessibility via Chennai By-Pass, is set to serve customers across… Continue reading PPS Motors inaugurates advanced 3S facility for Tata Hitachi