Musk-Run Tesla Hit $100-bn Market Value For First Time

Signalling an all-electric future is coming our way, Elon Musk-run Tesla has hit the $100 billion in stock market valuation for the first time. Tesla shares were last up 1.4 per cent at $555 after...

Tesla Rebuffs U.S. Safety Recall Petition, Says No Unintended Acceleration In Vehicles

Tesla Inc said on Monday there was no unintended acceleration in its vehicles, as it responded to a petition to a U.S. safety regulator to investigate and recall around 500,000 of the company's electric cars...

Tesla Moves A Step Closer To Opening First European Factory With German Property deal

U.S. electric car pioneer Tesla has agreed to buy a property on the outskirts of Berlin, bringing it a step closer to opening its first European factory, local authorities said on Sunday. The U.S. carmaker...

Tesla To Develop Chinese Designed Cars For The Global Market

GaadiWaadi - Tesla wants to go from ‘Made in China’ to ‘Designed in China’, and will soon be developing “Chinese-design” cars for global sales Tesla is planning to open a design and research center in...

U.S. Will Look At Sudden Acceleration Complaints Involving 500,000 Tesla Vehicles

The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate and recall 500,000 Tesla Inc vehicles over sudden unintended acceleration reports. The petition covers 2012...

Volkswagen To Buy 20% Of Chinese Battery Maker Guoxuan Amid Electric Push

Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric push into the world's largest...

Tesla rival Nio in talks with Guangzhou Automobile for financing and strategic opportunities

Electric-car makers are battling uncertain demand in China, the world's largest car market, as it rolls back subsidies on new energy vehicles amid criticism that some firms have become overly reliant on funds.

Musk Nears $346 Million Payday As Tesla Market Value Soars

Tesla Inc Chief Executive Elon Musk is coming close to earning the first $346 million tranche of options in a record-breaking pay package, after the electric vehicle maker's stock more than doubled in the last...

Auto Industry Cautious As China Starts 2020 With Forecast Of A 2% Sales Decline

Automakers in China need to get used to a new normal of "low speed growth" in the world's largest car market, the country's top auto body said on Monday, as it reiterated predictions that sales...

Auto Industry Cautious About China’s Sluggish Market At Start Of The Decade

China's auto market is likely to shrink for the third year in a row in 2020, the country's top auto body is expected to say on Monday, but industry watchers are cautiously hoping a sales...

China Says No Significant Cut In New Energy Vehicle Subsidies In 2020

China will not make significant cuts to subsidies for new energy vehicles (NEV) this year, signalling that its policy will remain relatively stable, state media quoted the country's industry ministry as saying on Saturday. Earlier,...

Hyundai Creta with Tesla-style infotainment system & Audi matrix turn indicators [Video]

Hyundai Creta is one of the popular SUV in the compact SUV segment. It is one those cars which has been in the country for a while but still does not feel outdated. The reason...

Global Cars That Were Rated Safest By The Euro NCAP In 2019

Europe's New Car Assessment Programme (Euro NCAP) recently came out with its list of best cars of 2019 across various segments. All these cars found their way into this list for achieving a 5-star rating...

GM To Revive Hummer Name With Electric Pickup Trucks, SUVs: Report

General Motors Co will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles and will tout the return with a Super Bowl ad featuring NBA star LeBron...

Damon Hypersport advanced electric motorcycle unveiled at CES 2020

Damon Motorcycles, a Canada based company unveiled the Damon Hypersport HS electric motorcycle at the 2020 Consumer Electronics Show. The Hypersport HS boasts of some innovative features, including a variable riding position and an advanced...

Way Clear For Tesla To Buy Berlin Factory Site: Report

German regional lawmakers gave the green light Thursday for electric carmaker Tesla to buy land just outside Berlin for its first European factory. "The Gigafactory investment project has taken a big step forward" with the...

How Big Tech Is Helping Transform Cars Into Smartphones

Technology companies transformed smartphones and televisions into continuous fountains of revenue. Now, big tech wants to work with automakers to do the same thing for your car. With the widespread rollout of autonomous vehicles still...

American car manufacturer Fisker to launch Ocean Electric SUV in India

Electric is going to be the future of automobile and there is no doubt in that. More and more manufacturers are getting involved in the electric vehicle space. One such American Automobile manufacturer is Fisker,...

Tesla’s Market Value Zooms Past That Of GM And Ford Combined: Report

For the first time, Tesla Inc's stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co. The Silicon Valley electric car maker's stock jumped nearly 5% on Wednesday, closing...

Fisker evaluates launching Ocean electric SUV in India in 2022

Fisker Ocean – the fully electric SUV by Fisker Inc, unveiled on Tuesday at the CES 2020 – is one of the highlights of the annual technology and innovation fair. Its maker, the California-based Fisker...