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News
Volkswagen to cut jobs? CEO Oliver Blume warns employees carmaker's situation ‘more than critical’ | Company Business News
1+ hour, 26+ min ago (421+ words) Blume's statement came in an interview on the company's intranet where he said VW and the car industry in Germany is facing “the biggest upheaval in their history” due to global headwinds and Chinese competition, the report added. The carmaker…...
Elon Musk’s Tesla gives up on its Solar Roof tiles as EV maker 'leans into fossil fuels': Report | Company Business News
17+ hour, 26+ min ago (788+ words) Elon Musk’s Tesla is reportedly giving up on its Solar Roof in the latest sign that the EV company is shifting gears as its CEO continues to lean into fossil fuels to sustain his AI ambitions. Two sources confirmed to…...
Tesla leads 4.3 million-vehicle recall in China over doors that may be difficult to open after crashes
1+ day, 8+ hour ago (544+ words) China's scrutiny of vehicle safety has intensified after Tesla and eight other carmakers announced recalls covering around 4.3 million vehicles over concerns that occupants could struggle to open the doors during emergencies. The recalls, which together represent the largest automotive recall…...
China's largest car recall: Tesla, Xiaomi, Leapmotor, other automakers recall 4.3 million vehicles. Here's why
1+ day, 15+ hour ago (581+ words) Tesla and eight other automakers reportedly said on Friday they will recall about 4.3 million vehicles in China over concerns that doors may be difficult to open in an emergency. This marks the country's largest automotive recall. Tesla's recall is the…...
Govt plans new scheme to support domestic manufacturing of polysilicon | Today News
2+ day, 3+ hour ago (465+ words) The Centre is working on a new scheme to support the domestic manufacturing of polysilicon, a key component for solar modules, said Santosh Kumar Sarangi, secretary, Union ministry of new and renewable energy, on Friday. Speaking on the sidelines of…...
Tesla to recall 2.98 million China-made, imported EVs, to fix software in China | Company Business News
2+ day, 7+ hour ago (148+ words) Tesla will recall 2.98 million China-made and imported Model 3, Model Y, Model S and Model X vehicles Tesla will roll out software fixes for millions of vehicles in China, the country's market regulator said on Monday, marking the automaker's largest-ever recall…...
After Ather's gain, Hero's electric CV bet begins to scale | Company Business News
2+ day, 18+ hour ago (726+ words) After a six-fold jump in the value of its investment in Ather Energy over the past decade, the country's largest two-wheeler maker Hero MotoCorp is seeing its latest electric commercial vehicle bet, Euler Motors, scale rapidly, with the electric commercial…...
Ola launches ‘introductory offer’ for home inverter Shakti Gen2 — Check discounted pricing here | Company Business News
3+ day, 9+ hour ago (357+ words) Ola launches ‘introductory offer’ for home inverter Shakti Gen2 — Check discounted pricing here livemint.com Ola Electric recently launched introductory offer for home inverter Shakti Gen2 buyers The company on 19 August announced that it is offering a discounted price for its first…...
LG Energy, once fixed on EV batteries, jumps to Plan B | Company Business News
4+ day, 10+ min ago (293+ words) (Corrects to say that LG Energy will begin making cells for Tesla and Toyota, instead of that it has already begun output for those customers, second bullet point and paragraph 6 ) It has been a frenetic pivot for battery companies and…...
Mint Explainer | Why India's???18,100 crore advanced chemistry battery-making incentive plan is delayed by two years
4+ day, 10+ hour ago (524+ words) India announced an ₹18,100 crore production-linked incentive scheme in 2021 for indigenously developed advanced chemistry cells (PLI ACC). ACCs are next-generation, high-efficiency energy storage technologies that can be used to power electric vehicles, back up renewable solar and wind grids and operate…...