BYD, one of the largest companies manufacturing electric vehicles (EV), has set a sales record last year. This Chinese company has sold about 42.5 lakh units. Elon Musk’s Tesla is facing tough competition from BYD in the international EV market. BYD has set a monthly sales record in December. The major reasons behind this are…
American electric vehicle (EV) maker Tesla’s annual sales have declined for the first time in more than a decade. Despite record deliveries in the fourth quarter, Tesla’s sales have declined. Billionaire Elon Musk’s company sold approximately 17.9 lakh vehicles last year. Challenges are increasing for EV companies. Their sales are being affected due to reduced…
American electric vehicle (EV) maker Tesla’s annual sales have declined for the first time in more than a decade. Despite record deliveries in the fourth quarter, Tesla’s sales have declined. Billionaire Elon Musk’s company sold approximately 17.9 lakh vehicles last year. Challenges are increasing for EV companies. Their sales are being affected due to reduced…
BYD, one of the largest companies manufacturing electric vehicles (EV), has set a sales record last year. This Chinese company has sold about 42.5 lakh units. Elon Musk’s Tesla is facing tough competition from BYD in the international EV market. BYD has set a monthly sales record in December. The major reasons behind this are…
JSW Group, involved in business ranging from steel to energy, plans to launch its own brand for Electric Vehicles (EV). JSW Group has negotiated licensing agreements or transfer of technology with some Chinese EV companies. It plans to build a full EV company with electric cars and electric trucks. JSW Group holds about 35 percent…
American electric vehicle (EV) maker Tesla may soon start its business in India. The company has again started the search for showroom space in Delhi. Earlier this year, Tesla had postponed its investment plans in the country. The company’s chief, Elon Musk, had postponed his visit to India in April. During this visit, Musk was…
China’s BYD, which is giving tough competition to American electric vehicle maker Tesla, has achieved a major achievement. This world’s largest EV maker has manufactured one crore New Energy Vehicles (NEV). These include electric vehicles as well as hybrid cars. According to a media report, BYD recently became the largest EV maker by surpassing Tesla….
Chinese consumer electronics company Xiaomi has a major stake in the smartphones segment. Last year, the company had entered the electric vehicles (EV) market with SU7. Xiaomi has said that the manufacturing of SU7 has crossed one lakh units. This electric sedan was also showcased in India. This EV has a battery pack of 101…
The share price of electric vehicle (EV) maker Tesla is rising due to Donald Trump’s victory in the presidential election in America. The company’s shares have increased by more than 39 percent since the results of this election were announced last week. Tesla CEO, Elon Musk had openly supported Trump. Investors hope that Tesla will…
Tesla, one of the big electric vehicle (EV) companies, has benefited from Donald Trump’s victory in the US presidential election. The market capitalization of the company increased to more than one trillion dollars. Tesla CEO, Elon Musk had openly supported Trump in this election. Tesla shares rose more than six percent on Friday to more…
