Having missed the 2-million retail sales milestone in in calendar year 2024 by a whisker – just 49,521 units – India EV Inc is once again in the reckoning for the big 20,00,000 number in FY2025. In the first 11 months of the fiscal from April 2024 to February 2025, as per sales data on… Continue reading Will EV sales in India hit 2 million units in FY2025?
Category: US Motoring Press
Will EV sales in India hit 2 million units in FY2025?
Having missed the 2-million retail sales milestone in in calendar year 2024 by a whisker – just 49,521 units – India EV Inc is once again in the reckoning for the big 20,00,000 number in FY2025. In the first 11 months of the fiscal from April 2024 to February 2025, as per sales data on… Continue reading Will EV sales in India hit 2 million units in FY2025?
Tesla’s EU Sales Drop as Anger Toward Elon Musk Grows
Tesla’s sales in Germany plunged in February, part of a wider slump across Europe that has undercut the company’s share price and highlighted anger at the political activities of Elon Musk, the company’s chief executive. Sales of Tesla cars in Germany, Europe’s largest market for electric vehicles, dove 76 percent in February compared with a… Continue reading Tesla’s EU Sales Drop as Anger Toward Elon Musk Grows
The Problem With Car Tariffs: What’s an Import?
Source: The National Highway Traffic Safety Administration The New York Times President Trump’s 25 percent tariffs on goods from Canada and Mexico could be felt particularly acutely by automakers — and car buyers — because of the number of vehicles and parts that come into the United States every day as they head to market.… Continue reading The Problem With Car Tariffs: What’s an Import?
For F1, an Off-Season of Change
Lewis Hamilton said there was “magic” inside Ferrari that can help him make Formula 1 history. Hamilton’s move to the team, a story that began in February last year when he announced he would be leaving Mercedes at the end of 2024, has dominated the buildup to the new season. Australia will host the first… Continue reading For F1, an Off-Season of Change
Trump grants automakers one-month exemption from tariffs
In an aerial view, brand new Subaru cars sit in a storage lot at Auto Warehouse Co. on March 4, 2025 in Richmond, California. Justin Sullivan | Getty Images The White House on Wednesday announced a one-month North American tariff exemption for automakers after President Donald Trump spoke a day earlier with heads of General… Continue reading Trump grants automakers one-month exemption from tariffs
Tesla Signs Deal for First India Showroom to Sell Imported EVs: Reuters
Electric vehicle giant Tesla has finalized an agreement to establish its first showroom in India, marking a significant step in the company’s entry into the world’s third-largest automobile market, Reuters reported on Wednesday. According to sources familiar with the matter cited by Reuters, Tesla will initially sell imported electric vehicles while it continues discussions with… Continue reading Tesla Signs Deal for First India Showroom to Sell Imported EVs: Reuters
Tesla Signs Deal for First India Showroom to Sell Imported EVs: Reuters
Electric vehicle giant Tesla has finalized an agreement to establish its first showroom in India, marking a significant step in the company’s entry into the world’s third-largest automobile market, Reuters reported on Wednesday. According to sources familiar with the matter cited by Reuters, Tesla will initially sell imported electric vehicles while it continues discussions with… Continue reading Tesla Signs Deal for First India Showroom to Sell Imported EVs: Reuters
Ultraviolette Targets 12 New Models in 3 Years, Annual Sales of 1 Lakh Units in 3-4 Years
Electric two-wheeler maker Ultraviolette Automotive plans to add 12 new products to its line-up over the next three years and raise its annual sales to at least 1 lakh units over the next three-four years, according to senior company officials. The Bengaluru-based startup, which has been a niche player in the premium performance electric motorcycle… Continue reading Ultraviolette Targets 12 New Models in 3 Years, Annual Sales of 1 Lakh Units in 3-4 Years
US Pushes India to Scrap Auto Tariffs, Tesla Entry in Focus: Reuters
The United States is pressing India to eliminate tariffs on car imports as part of a proposed trade deal, but India remains cautious about an immediate reduction to zero, according to a Reuters report. India’s high auto tariffs, which can reach up to 110%, are expected to be a key issue in the forthcoming trade… Continue reading US Pushes India to Scrap Auto Tariffs, Tesla Entry in Focus: Reuters