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Norway's trillion-dollar sovereign wealth fund to vote against Musk's $56 billion Tesla pay package

Norway's sovereign wealth fund will vote against Elon Musk's $56 billion paycheck at Tesla's annual…

Cameron Manley   


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1 min read

Simple Energy raises USD 20 mn from investors

The company has been deferring deliveries of the vehicle since December 2021. The company c…

PTI   


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Biden notes Tesla is the country's 'largest electric-vehicle manufacturer' after Elon Musk called him a 'damp sock puppet in human form'

In recent months, Tesla CEO Elon Musk has criticized Biden for not including the company in larger …

John L. Dorman   


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Corpus of Rs 1 lk cr to scale up research in sunrise domains: FM Sitharaman

A corpus of Rs 1 lakh crore will be established with 50-year interest free loans to encourage the p…

PTI   


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RevFin targets financing 20 lakh electric vehicles in next 5 years

Electric vehicles (EV) financing digital platform RevFin Services is targeting to finance 20 lakh v…

PTI   


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SUVs to drive passenger vehicle volume 5-7% next financial year: Crisil

Passenger vehicle volume is expected to ascend to a new peak for the third straight time next finan…

ANI   


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Electric bike-sharing platform Yulu Bikes raises $19.25 million

Electric bike-sharing platform Yulu Bikes on Friday said it has secured USD 19.25-million (Rs 160 c…

PTI   


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Billionaire investor Ron Baron says Tesla stock has bottomed out and will 'go up huge' on the promise of more affordable vehicles

The billionaire investor says markets will buy back into Tesla now that a low-cost vehicle has been…

Filip De Mott   


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4 mins read

3 ways Biden's infrastructure bill will transform America in the next 10 years

The bipartisan bill will touch your life if you drink water, use the Internet, or drive a car, pump…

Juliana Kaplan,Ben Winck   


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Big Oil is all in on electric cars

Heavyweights of the combustion-car era like Shell, Exxon Mobil, and BP could dominate the electric …

Tim Levin   


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Fisker's electric SUV got a terrible review. It's turned into a whole saga.

After Marques Brownlee roasted Fisker's Ocean SUV, a video of a phone call with someone claiming to…

Grace Kay   


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Hero Electric raises ₹220 crore to sell over a million electric scooters a year

Electric vehicle (EV) manufacturer Hero Electric has raised $29 million in its Series B funding rou…

Hannah Getahun   


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Hiring in Indian IT sector likely to see turnaround with 8-10% growth in 2024

The Indian IT sector, which has seen contraction in hiring amid global economic slowdown and fundin…

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Hertz halts plan to buy 65,000 electric cars amid EV slump

The rental car giant is pausing plans to buy 65,000 electric cars from EV pioneer Polestar, accordi…

Tom Carter   


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Saudi Arabia's sovereign wealth fund has made a fortune on Lucid Motors — but missed out on another windfall by selling Tesla stock

The country's Public Investment Fund owns Lucid stock worth $46 billion, but dumped Tesla stock tha…

Theron Mohamed   


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Energy-tech start-up Exponent Energy secures $26 million in a series B funding

Exponent Energy, an innovative energy-tech startup working at 15-minute fast charging and introduci…

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1 min read

BYD launches EV Atto 3 SUV

Pure play electric vehicle (EV) player BYD India Private Ltd on Tuesday launched its premium sport …

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Hero Electric tops two-wheeler EV sales charts in August, Ola Electric saw declined

Hero Electric once again led the Indian electric vehicle (EV) two-wheeler segment in August, sellin…

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Jim Simons' RenTech fund nearly doubled its AMC stake, reinvested in GameStop, and trimmed its Tesla bet last quarter

The hedge fund run by the ex-NSA codebreaker and MIT math professor has ramped up its AMC bet by 80…

Theron Mohamed