New Delhi, May 29 (IANS) Tesla on Friday announced the launch of the Model Y Premium Rear-Wheel Drive in India, expanding its electric vehicle portfolio in the country with a new premium variant of the segment.The new model has a starting price of Rs 50.89 lakh, and deliveries will commence in India from July 2026, according to the company.The newly launched variant introduces a range of hardware and design upgrades aimed at improving performance, comfort and interior experience. It boasts an al…
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New Delhi, May 26 (IANS) Rising concerns over fuel prices and the government’s strong push for clean mobility are accelerating the demand for electric vehicles (EVs) in Gujarat’s Surat, where buyers are increasingly shifting towards EVs due to lower running costs, tax benefits and improving charging infrastructure.Speaking to IANS on the growing popularity of EVs, Assistant RTO Ankit Shah said people have strongly supported Prime Minister Narendra Modi’s appeal to adopt electric mobility a…
Seoul, May 20 (IANS) South Korea’s auto exports decreased more than 5 per cent from a year earlier in April, amid a sharp decrease in shipments to the Middle East due to a geopolitical crisis there, government data showed on Wednesday. But with higher oil prices caused by the Mideast crisis, domestic sales of electric vehicles increased sharply.The combined value of automobile exports came to $6.17 billion last month, down 5.5 per cent from the same month last year, according to the data from th…
New Delhi, May 14 (IANS) Elon Musk-backed Tesla on Thursday opened its first experience centre in Bengaluru’s Whitefield area, a major step in the electric vehicle maker’s expansion plans in India.The company said customers will now be able to experience the Model Y and the newly introduced Model Y L — priced starting at Rs 61.99 lakh (ex-showroom) — at the new facility located in the city’s technology hub.Tesla also announced the launch of its after-sales service network in Whitefield t…
New Delhi, May 10 (IANS) China is currently leveraging its driven by its dominance in critical minerals inputs required for the production in sectors such as New Energy Vehicles (NEV) to gain a geopolitical advantage through its capability to disrupt global supply chains.However, according to an article in The Diplomat, this advantage is likely to be overturned in the near future with the leap in new technology that is taking place in Western countries, with companies such as US tech giant Tesla…
Seoul, May 4 (IANS) Sales of Hyundai Motor and Kia vehicles in the United States fell slightly from a year earlier, while numbers for hybrid vehicles rose to a new monthly high, the automaker said on Monday.The South Korean automakers sold a combined 159,216 vehicles in the key American market in April, down 2.1 percent on-year, according to the companies.Hyundai Motor sold 86,513 units, down 1.5 percent from the previous year, reports Yonhap news agency.Its luxury vehicle brand Genesis sold 6,3…
New Delhi, April 29 (IANS) Tesla and xAI CEO Elon Musk has testified in a high-stakes trial against OpenAI, accusing the artificial intelligence firm and its CEO Sam Altman of abandoning the organisation’s founding nonprofit mission in favour of commercial interests.Reports claim that the case in a federal court in Oakland centres on Musk’s claim that OpenAI deviated from its original goal of developing safe AI for the benefit of humanity and instead evolved into a profit-driven entity compe…
New Delhi, April 25 (IANS) Elon Musk, CEO of Tesla, has reportedly withdrawn fraud claims against OpenAI and its co-founders Sam Altman and Greg Brockman, narrowing the scope of his lawsuit on the eve of trial.As per reports, Yvonne Gonzalez Rogers, a US court judge, has allowed Musk to streamline the case, leaving just two claims, unjust enrichment and breach of charitable trust, out of the 26 included in his November 2024 complaint.Jury selection is scheduled to begin on Monday in a federal co…
Mumbai, April 23 (IANS) US automaker Tesla reported higher revenue and profit year‑on‑year in Q1 CY2026, buoyed by higher average vehicle prices, services and rise in subscriptions to its full self‑driving (supervised) system.The electric‑vehicle maker said revenue rose to $22.38 billion in the quarter, up 16 per cent from $19.3 billion in previous year, while automotive revenue increased to $16.2 billion from $13.96 billion in the same period of 2025. The auto manufacturer reported net …
New Delhi, April 22 (IANS) Tesla on Wednesday unveiled the new six-seater Model Y L in India, expanding its local portfolio with a family-focused electric SUV designed for space, comfort and performance. The launch took place at the Ballard Pier Downtown Experience Centre, with online bookings opening immediately on the company’s official website.The Model Y L will be available for public viewing starting April 23, 2026, at Tesla’s experience centres in key locations, including Bandra Kurla …