US EV BATTERIES
We expect policy stability, renewable energy investment from Budget 2024: Sharad Mahendra, JSW Energy
With these PPAs signing, the percentage of open capacity once these capacities get commissioned in a span of 18 to 24 months, ultimately the merchant portfolio will be even lower than 15% going forward. So, more of long-term PPAs will be there.
Do Elon Musk's politics and comments on X drive Tesla buyers away? This is what car-owners have said
Has Elon Musk angered the prospective buyers of Tesla by supporting antisemitic posts on his social media platform X or blocking Starlink satellite internet service to prevent a drone attack on Russian forces? The global Tesla sales have come down this year.
India needs to build its own EV paradigm, products, and core technology in the EV stack: Bhavish Aggarwal, Ola
This is the start of the EV penetration. India is the world's largest two-wheeler market. 20 million two-wheelers are sold a year. Over time, EV penetration will grow to a much larger percentage in the overall industry and there is no single company that can achieve that full transition, says Bhavish Aggarwal,
How one of the world's strongest car unions is dealing with EV job losses
Toyota in Japan and Hyundai or Kia in South Korea navigate challenges from technological transformation and electrification.
Demand for hybrid vehicles on the rise across the US; here are the best deals being offered
There is a growing demand for hybrid vehicles across the US. Many of the companies are offering discounts on these vehicles. The demand for EV vehicles is decreasing due to many challenges associated with it.
China premier calls to 'oppose decoupling' at economic forum
Friction between the West and the world's second-largest economy has intensified in recent years, particularly as Beijing and Washington compete for supremacy in advanced technology and new "green" industries.
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Elon Musk's Tesla Highlights: Self-driving tech, cybertruck & robotaxi plans
Tesla's annual shareholder meeting on June 13 was marked by shareholder approval of Elon Musk's $56 billion performance-based pay package, despite previous legal challenges. Additionally, shareholders agreed to relocate Tesla from Delaware to Texas. Elon Musk, in his characteristic style, outlined ambitious technological advancements at the meeting: he projected rapid progress in self-driving car technology, including the potential for Tesla owners to connect with a future "Robotaxi" fleet for passive income.
Canada prepares potential tariffs on Chinese EVs after US and EU moves
Canada prepares new tariffs on Chinese electric vehicles to align with US and EU actions. Pressure on Trudeau to follow Biden's lead. Concerns over China's overproduction of EVs. Ontario Premier calls for matching tariffs to protect Canadian jobs.
Key EV battery material can come from a surprising source: Methane
China leads in graphite production but US seeks growth. Biden administration prioritizes boosting domestic production.
VinFast pushes ahead with Asia expansion, expects to open India plant ahead of schedule
VinFast in January signed an agreement with the Indian state of Tamil Nadu to invest as much as $2 billion in the country as it seeks to break into one of the world’s biggest auto markets. Work on the plant started in February, with an initial investment of $500 million.
EV owners may soon sell battery power back to grids like rooftop solar scheme
With V2G technology, EV owners can charge their vehicles during off-peak hours and sell the stored power when their vehicle is not in use, earning incentives set by the Delhi Electricity Regulatory Commission. "This is pretty much like selling surplus rooftop power to the grid and earning incentives," said the official.
Long-range EVs now cost less than the average new car in the US
The automotive industry in the US is experiencing a competitive phase in the electric vehicle market, leading to EVs with over 300 miles of range being cheaper than gas-powered cars for American buyers.
Tesla Power India asks vendors to remove Tesla marks from EVs amid trademark dispute
Gurugram-based Tesla Power India informed the Delhi High Court about removing Tesla marks from electric scooters. The company assured compliance with its undertaking and refrained from entering the electric vehicle market.
Delhi High Court seeks details from Tesla Power India in trademark case with Tesla Inc
The Delhi High Court has requested Gurugram-based Tesla Power India to submit an affidavit detailing the sales figures of electric vehicle scooters and the current inventory in a trademark dispute with US electric vehicle giant Tesla Inc. Justice Anish Dayal has instructed the company to provide information on dealers, launch dates, and stock availability. This directive follows Tesla Inc.'s claim that Tesla Power was selling electric scooters through dealers under different sub-brands despite an earlier agreement.
Tesla vs Tesla: Court asks Tesla Power India to furnish dealer and product details
The Delhi High Court directed Gurugram-based Tesla Power India to detail stocks, sales of electric vehicle scooters in response to a petition by Tesla Inc. on a trademark infringement suit. The court will hear the case on Thursday.
India to go 6km deep inside ocean to power your next electric car
India and China compete for minerals crucial for electric vehicles and solar panels. India applies to explore the Indian Ocean for cobalt and manganese, emphasizing strategic importance, Carlsberg Ridge, ANS, polymetallic nodules, Sunil Kumar Singh, NIO, and NIOT.
Which companies can benefit from US-China spat? Rohan Gupta answers
Rohan Gupta from Nuvama Institutional Equities discusses the recovery in the agrochemical sector, specialty chemical players' performance, and the impact of the China factor on the market. Gupta says that the companies which are completely dependent on agrochemicals globally, may still see some weakness, like UPL or even Anupam Rasayan.
Will China become the cat among India's EV pigeons?
Chinese electric vehicles are causing concern in the US and Europe due to their affordability and efficiency. The US has responded by imposing tariffs on Chinese EVs and lithium-ion batteries. India may now become a target for Chinese EVs. Stellantis is considering manufacturing Leapmotor's electric vehicles in India to avoid tariffs.
The rising role of software in electric vehicles
Altigreen enhances 3Ws with software for battery management, motor control, diagnostics, telematics, user interface, and energy-saving algorithms. Data monetization and government support may offset costs.
Few Chinese electric cars are sold in U.S., but industry fears a flood
American automakers expressed their approval of the Biden administration's decision on Tuesday to levy a 100% tariff on electric vehicles imported from China. They stated that these vehicles could undercut billions of dollars of investments made in electric vehicle and battery manufacturing facilities in the United States.
China may dump EVs, batteries into India with higher US tariffs: GTRI
GTRI warns of China dumping in India due to US tariffs. India can gain from higher duties on medical items. Trade with China surpasses that with the US. GTRI advises vigilance by Indian trade authorities, ramping up production for US market exports.
Consumers bend the road: No straight drive from ICE to electric
The transition from internal combustion engine (ICE) vehicles to electric vehicles faces challenges as consumers show a preference for hybrids and CNG vehicles over pure EVs. Maruti Suzuki expects significant growth in CNG car sales, signaling a shift towards alternative fuel technologies alongside traditional options.
Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
The Seagull, a low-priced electric car by BYD, poses a threat to American automakers. Chinese EVs face tariffs in the U.S., prompting concerns about the impact on the auto industry and the need for adaptation and competition.
Electric vehicles will start to cut emissions and improve air quality in our cities - but only once they're common
We would get more immediate benefit by focusing on electrifying buses, which are a surprisingly large source of air pollution, and finding ways to cut rapidly growing emissions from diesel trucks.
Graphite miners lobby US govt to impose levy on China-sourced EV material
The US government is set to decide in May whether to bring graphite into the list of minerals that attract the higher Section 301 tariff.
China’s EV and solar exports are powering ahead as prices slide
All these numbers show why China’s factory capacity has quickly become the key faultline in a polarizing global economy.
UPS, FedEx transition to electric vans slowed by battery shortages, low supply
UPS has tested and purchased EVs for decades and is a bellwether for demand. It has more than 150,000 delivery vehicles around the globe and is among the top buyers of step vans.
‘A damn hard thing to do’: Tesla co-founder JB Straubel takes on battery recycling
The company he built, Redwood Materials, is now the largest battery recycler in North America, and it’s using those recycled materials to manufacture complex battery components.
Battery recycling shatters the myth of EV waste
Traditional methods of ripping materials out of the ground and refining them for battery backs requires enormous amounts of energy. As a result, the initial carbon footprint of an EV is higher than a comparable internal combustion engine vehicle.Those upfront emissions are paid back over time with the superior efficiency of electric motors, leading to a 70% reduction in total emissions over the average life of the vehicle.
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