NEW DELHI (Reuters) -India will come up with new policy to attract electric vehicle (EV) manufacturers and encourage greater investment in the sector, the commerce minister said on Wednesday. Piyush Goyal's comments come as U.S. EV maker Tesla continues talks with Narendra Modi's administration on the possibility of building a factory in India. Reuters last month reported that India was working on EV policy that would cut import taxes for automakers that committed to some local manufacturing, citing sources with direct knowledge of the matter...
Continue ReadingThe European Union is launching an investigation. The move looks like a bid to shore up legacy car makers such as Volkswagen, Mercedes-Benz, and Stellantis...
Continue ReadingU.S. launches $100 million effort to upgrade public chargers that have become the scourge of drivers...
Continue ReadingSeveral tech CEOs are among the figures appearing in Washington this week as lawmakers search for a consensus on how to deal with the rise of artificial intelligence...
Continue ReadingTesla's global market share has dipped, but the overall EV market is expanding rapidly. See why I advise investors to maintain a long-term perspective on Tesla...
Continue ReadingWhat should your investing strategy be? Fewer losers or more winners on your portfolio? Howard Marks has the answer for you. Click here!...
Continue ReadingInvesting.com -- U.S. futures traded marginally lower Wednesday, as investors cautiously awaited the release of consumer inflation data which could provide clues as to future Federal Reserve monetary policy...
Continue ReadingThe electric vehicle industry has evolved from its early years when the most popular vehicles were compact or subcompact cars, such as the General Motors Chevy Bolt electric subcompact that hit the market in 2017. The Bolt was the second-best selling EV behind Tesla's Model S sedan at the time, but it wouldn't be long before sports utility vehicles and crossovers would dominate the market. The popularity of crossovers and SUVs has led to Tesla's Model Y small crossover SUV overtaking the Toyota Corolla as the world's best-selling overall vehicle in the first quarter of 2023 with about 267,200 vehicles sold in the first three months of the year, ahead of Toyota , which sold 256,400 Corolla units of its internal combustion engine vehicle...
Continue Reading"Elon Musk," a biography that recounts the childhood, career, and personal life of the billionaire, hit shelves on Tuesday...
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