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Makers and Brands

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thrustzone.com

Tesla Launches Switch and Save Carnival at Tesla Experience Centers Across India

Tesla today announced its Switch and Save Carnival from 23rd to 25th October, 11 AM to 8 PM, at Tesla Experience Centers across India, with Model Y ownership starting at an effective₹19,900/month on a ₹6 lakh down payment, making the Model Y ownership within reach for aspirational buyers from mid-segment cars starting at 20 lakhs in India. During the Carnival, customers can visit Tesla Experience Centers, compare Model Y and Model Y L, and leave with a decision, with on-the-spot exchange offers, finance arranged throughTesla’s preferred banking partners on the premises, and a complimentary Tesla Wall Connector with every car purchased during the Carnival. Learn about the cost of owning Tesla Model Y At the Switch and Save Carnival, Tesla is presenting a clear breakdown of Model Y ownership costs, designed to show what a premium SUV can cost per month. Breakdown of Model Y ownership…

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Models and Releases

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Tesla Japan’s New CHAdeMO Adapter Opens Up 14,000 Fast Chargers

A Tesla Supercharger in Tsu, Japan. Credit: Tesla Charging/X Tesla Japan says a new CHAdeMO adapter is on the way that will let owners charge at up to 130 kW on the roughly 14,000 CHAdeMO fast chargers across the country. In a post on X on Saturday, the company said the adapter goes on sale in Tesla shops starting in January 2027, the same month it gave this week for the V2L power adapter for the new Model 3 and Model Y. The company pitched the launch as an answer to owner feedback. Tesla Japan opened with a line written in an owner’s voice, “I want to charge my Tesla at a fast charger near me, too,” and said it was responding to the many requests it had received. It added that the adapter will widen charging options away from home and make long trips more convenient and worry-free. — Tesla Japan (@teslajapan) October 24, 2026 Tesla’s post doesn’t include a price, but Impress Watch…

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Electric and Future

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Benchmark: 134 new lithium mines required for the EV industry

A new report by Benchmark Mineral Intelligence highlights that, between today and 2050, the equivalent of 134 new lithium mines will be needed to keep pace with the growing demand. Benchmark forecast global lithium demand to reach around 7 million tonnes (Mt) of lithium carbonate equivalent (LCE) in 2050, noting that 76% of this demand will be driven by electric vehicles (EVs). This figure represents quite a dramatic rise from the 2.11Mt of LCE demand forecast for 2026, more than tripling demand over the period. Product Director – Lithium Cameron Perks says that to meet demand in 2050, the equivalent of 134 new lithium mines will be needed, equating to over US$100 billion ($142.45 billion) in investment. He also points out that Benchmark’s upside scenario could bring that number to more than 180 mines. “The biggest challenge is sustaining that investment through price cycles, while…

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Buying and Ownership

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theweeklydriver.com

Ferrari Luce Costs $560,800 in the U.S., $55,657 Above Europe’s Pre-Tax Price

The Ferrari Luce starts at $560,800 in the U.S. before options and sales tax, which is $55,657 above its European price once Italy's 22% VAT is taken out. The Ferrari Luce starts at $560,800 in the United States before options, Ferrari has confirmed, and American deliveries begin in the second quarter of 2027. At the European Central Bank’s rate on May 25, the day Ferrari revealed the car in Rome, its €550,000 European price came to $640,365. That European figure includes Italy’s 22% value-added tax, and the American one leaves out state sales tax. With the VAT removed, the Luce costs €450,820 in Italy. I converted that to $505,143 at the ECB’s October 22 rate, which puts the U.S. sticker $55,657 higher, about 11%. Italy taxes a new car at 22%, so €99,180 of the €550,000 goes to the state. American window stickers are quoted before tax, which makes the pre-tax Italian figure the one to…

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