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Key Government Agency To Probe Ola Electric Over Product Issues
India's top product certification agency will investigate e-scooter maker Ola Electric's deficiency in service standards and product issues, India's consumer affairs secretary told Reuters on Thursday.
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Mercedes Gets Maharashtra Pollution Control Body Notice After Suprise Check
Luxury car maker Mercedes-Benz has received a notice from the Maharashtra Pollution Control Board, accusing it of violating environmental rules
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Elon Musk May Be World's 1st Trillionaire By 2027, Gautam Adani In 2028: Report
Elon Musk, CEO of electric car maker Tesla, SpaceX, may become the world's first trillionaire by 2027, while Indian tycoon Gautam Adani may attain that status in the following year, according to an Informa Connect Academy report.
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Supreme Court Orders BMW To Pay Rs 50 lakh Compensation To Customer For Defective Car
The Supreme Court has directed luxury car maker BMW India Private Ltd to pay Rs 50 lakh as compensation to a customer for supplying a defective car in 2009.
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Bugatti Shows Off Its First Hybrid Car. Check Price, Other Details
Supercar maker Bugatti on Thursday showed off its first hybrid car with a top speed of about 445 kilometres (275 miles) an hour and a price tag of more than $4 million.
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Canadian Resident Of China Faces 10-Year Jail For Selling Tesla Secrets
A Canadian resident of China faces 10 years in prison after pleading guilty in US court to stealing industrial secrets from a leading American electric car maker, justice authorities said Thursday.
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Tesla CEO Elon Musk Faces Shareholder Lawsuit for Alleged $7.5 Billion Insider Trading
Tesla shareholder Michael Perry has filed a lawsuit accusing Tesla CEO Elon Musk of insider trading. The shareholder alleges that Musk sold over $7.5 billion of shares of the electric car maker in late 2022, before potentially disappointing production and delivery numbers were made public by the electric car maker. The lawsuit asks a US court to di...
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Case Against Elon Musk For Alleged $7.5 Billion Insider Trading
A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022.
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Car Maker Alfa Romeo Changes Name Of New Model To Ease Tensions With Italy
Stellantis-brand Alfa Romeo will change the name of its new "Milano" model to "Junior" to ease tensions with Italy's government, which last week criticised the choice of an Italian sounding name for a vehicle built in Poland.
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Elon Musk Denies Report Tesla Is Scrapping Less-Expensive Electric Car
Tesla CEO Elon Musk has denied a report that the electric car maker had called off plans for a less-expensive vehicle. First teased by Musk in September 2020 during a battery-related event staged by the company, Tesla's failure to deliver the car on time is proving costly.
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Xiaomi Launches SU7 Electric Car in China as Smartphone Maker Takes Aim at EV Giant Tesla
Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla's Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China.
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Xiaomi SU7 Price Teased by CEO Lei Jun Ahead of Official Launch
Xiaomi's CEO said on Monday his goal for the firm's first electric vehicle was that it would be the "best looking, easiest to drive and smartest car" priced below CNY 500,000 (roughly Rs. 57,93,508), as the Chinese electronics maker gears up for orders this week. The company will on Thursday evening announce its official price range and start takin...
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Xiaomi SU7 Deliveries Set to Begin in China Amid Brutal Price War
Xiaomi SU7 (Speed Ultra 7) deliveries will begin this month, according to the company. The smartphone maker said that it has 59 stores in 29 cities in China that will take orders for the electric vehicle that is claimed to be capable of delivering acceleration speeds faster than Tesla and Porsche's EVs.
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Apple Watch Ultra With microLED Display Cancelled, Employees Laid Off: Ming-Chi Kuo
Apple has long been rumoured to be working on microLED displays for the flagship Watch Ultra smartwatch. Last month, reports said that the Cupertino, California-based company had delayed the Apple Watch Ultra with microLED display beyond 2026 over supply chain issues. Now, the iPhone maker is said to have cancelled the project altogether. According...
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Apple Shuts Down Electric Car Project A Decade After It Began
Apple has canceled work on its electric car, a source familiar with the matter told Reuters on Tuesday, a decade after the iPhone maker kicked off the project.
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Key Government Agency To Probe Ola Electric Over Product Issues
India's top product certification agency will investigate e-scooter maker Ola Electric's deficiency in service standards and product issues, India's consumer affairs secretary told Reuters on Thursday.
-
Mercedes Gets Maharashtra Pollution Control Body Notice After Suprise Check
Luxury car maker Mercedes-Benz has received a notice from the Maharashtra Pollution Control Board, accusing it of violating environmental rules
-
Elon Musk May Be World's 1st Trillionaire By 2027, Gautam Adani In 2028: Report
Elon Musk, CEO of electric car maker Tesla, SpaceX, may become the world's first trillionaire by 2027, while Indian tycoon Gautam Adani may attain that status in the following year, according to an Informa Connect Academy report.
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Supreme Court Orders BMW To Pay Rs 50 lakh Compensation To Customer For Defective Car
The Supreme Court has directed luxury car maker BMW India Private Ltd to pay Rs 50 lakh as compensation to a customer for supplying a defective car in 2009.
-
Bugatti Shows Off Its First Hybrid Car. Check Price, Other Details
Supercar maker Bugatti on Thursday showed off its first hybrid car with a top speed of about 445 kilometres (275 miles) an hour and a price tag of more than $4 million.
-
Canadian Resident Of China Faces 10-Year Jail For Selling Tesla Secrets
A Canadian resident of China faces 10 years in prison after pleading guilty in US court to stealing industrial secrets from a leading American electric car maker, justice authorities said Thursday.
-
Tesla CEO Elon Musk Faces Shareholder Lawsuit for Alleged $7.5 Billion Insider Trading
Tesla shareholder Michael Perry has filed a lawsuit accusing Tesla CEO Elon Musk of insider trading. The shareholder alleges that Musk sold over $7.5 billion of shares of the electric car maker in late 2022, before potentially disappointing production and delivery numbers were made public by the electric car maker. The lawsuit asks a US court to di...
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Case Against Elon Musk For Alleged $7.5 Billion Insider Trading
A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022.
-
Car Maker Alfa Romeo Changes Name Of New Model To Ease Tensions With Italy
Stellantis-brand Alfa Romeo will change the name of its new "Milano" model to "Junior" to ease tensions with Italy's government, which last week criticised the choice of an Italian sounding name for a vehicle built in Poland.
-
Elon Musk Denies Report Tesla Is Scrapping Less-Expensive Electric Car
Tesla CEO Elon Musk has denied a report that the electric car maker had called off plans for a less-expensive vehicle. First teased by Musk in September 2020 during a battery-related event staged by the company, Tesla's failure to deliver the car on time is proving costly.
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Xiaomi Launches SU7 Electric Car in China as Smartphone Maker Takes Aim at EV Giant Tesla
Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla's Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China.
-
Xiaomi SU7 Price Teased by CEO Lei Jun Ahead of Official Launch
Xiaomi's CEO said on Monday his goal for the firm's first electric vehicle was that it would be the "best looking, easiest to drive and smartest car" priced below CNY 500,000 (roughly Rs. 57,93,508), as the Chinese electronics maker gears up for orders this week. The company will on Thursday evening announce its official price range and start takin...
-
Xiaomi SU7 Deliveries Set to Begin in China Amid Brutal Price War
Xiaomi SU7 (Speed Ultra 7) deliveries will begin this month, according to the company. The smartphone maker said that it has 59 stores in 29 cities in China that will take orders for the electric vehicle that is claimed to be capable of delivering acceleration speeds faster than Tesla and Porsche's EVs.
-
Apple Watch Ultra With microLED Display Cancelled, Employees Laid Off: Ming-Chi Kuo
Apple has long been rumoured to be working on microLED displays for the flagship Watch Ultra smartwatch. Last month, reports said that the Cupertino, California-based company had delayed the Apple Watch Ultra with microLED display beyond 2026 over supply chain issues. Now, the iPhone maker is said to have cancelled the project altogether. According...
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Apple Shuts Down Electric Car Project A Decade After It Began
Apple has canceled work on its electric car, a source familiar with the matter told Reuters on Tuesday, a decade after the iPhone maker kicked off the project.
