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Tesla did not apply for India’s PLI incentive schemes
Last week India’s government announced a list of 20 companies that applied and qualified for their Production Linked Incentive (PLI) schemes. One of the schemes was created to boost manufacturing of eco-friendly vehicles in the […]

Fisker opens reservations for PEAR EV set to debut in 2024 at under $30,000
Fisker Inc. announced this morning it is now taking reservations on its second electric vehicle (EV), the Personal Electric Automotive Revolution, or PEAR for short. Described by the startup automaker an “agile urban EV,” the […]

Intel Corp is launching self-driving shuttles in the US in 2024
Intel Corp’s Mobileye unit is partnering with Benteler EV System and Beep to launch self-driving EV shuttles in the United States in 2024. This project is part of Mobileye’s bid to scale up its automated […]

Elon Musk holds 21.2% stake in Tesla (TSLA) worth over $200 billion following share sale and donation
Elon Musk is still the largest Tesla (TSLA) shareholder, even after selling 10% of his shares in the company last year. According to a new regulatory filing with the U.S. Securities and Exchange Commission (SEC), […]

Chevy Bolt EV production shutdown extended into April, but GM plans to restart sales soon
Last week there were rumours General Motors (GM) was going to make an announcement regarding the Chevy Bolt EV and EUV production shutdown. The rumour was that production was going to restart for the first […]

Tesla under investigation by Korea Fair Trade Commission for overstating range estimates
Tesla has been notified by South Korea’s antitrust regulator that they are investigating the automaker over claims it may have overstated the range estimates of its vehicles. According to the Tesla Korea website, the Model […]