Page 15 - Electric Cars
Explained: How Apple can tackle the $230 billion luxury car market
The iPhone maker has reignited efforts to build its own vehicle, Reuters reported last month, though it's at least five years away from production
 "Explained: How Apple can tackle the $230 billion luxury car market")
Volkswagen's Audi to phase out combustion engines in 10-15 years: Report
Volkswagen's premium carmaker Audi aims to phase out combustion engines and offer only electric cars in 10 to 15 years, at the latest, German weekly WirtschaftsWoche reported
 "Volkswagen's Audi to phase out combustion engines in 10-15 years: Report")
Hyundai Motor says it is in early talks with Apple, shares surge 24%
Hyundai Motor said it in was in early discussions with Apple after Korea it was reported that the two were in talks to cooperate on electric cars and batteries, sending Hyundai's shares surging 24%
 "Hyundai Motor says it is in early talks with Apple, shares surge 24%")
A good climate year
From record low tariff for solar power in India to Joe Biden making climate change his core agenda, 2021 will mark events that will prove to be a good year for the climate
Tesla's India entry to make e-cars aspirational, but only for a few
Prices likely to start at Rs 55-60 lakh; Tesla to import the vehicles initially, attracting high duties and falling outside FAME scheme
 "Tesla's India entry to make e-cars aspirational, but only for a few")
Apple car not coming before 2025-2027 at earliest, says analyst
Reliable Apple analyst Ming-Chi Kuo has claimed that the launch of Apple Car is unlikely to happen until 2025-2027
Apple targets car production by 2024, eyes 'next level' battery technology
Apple is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology, sources said
 "Apple targets car production by 2024, eyes 'next level' battery technology")
Tata Nexon EV, launched 10 months ago, crosses 2,000 sales milestone
The electric car was launched in January 2020.
 "Tata Nexon EV, launched 10 months ago, crosses 2,000 sales milestone")
Japan may ban sale of new petrol, diesel cars by mid-2030s: Report
Japan's government is considering abolishing sales of new gasoline-engine cars by the mid-2030s in favour of hybrid or electric vehicles
 "Japan may ban sale of new petrol, diesel cars by mid-2030s: Report")
Electric cars will double global electricity demand, says Tesla CEO Musk
Tesla Chief Executive Elon Musk said that electricity consumption will double if the world's car fleets are electrified, increasing the need to expand nuclear, solar energy generating sources
 "Electric cars will double global electricity demand, says Tesla CEO Musk")
Fiat Chrysler's Maserati to electrify entire line-up in next 5 years - CEO
The new Gran Turismo model will be electrified too.
 "Fiat Chrysler's Maserati to electrify entire line-up in next 5 years - CEO")
Tesla recalls over 9,000 Model X and Y over manufacturing issues
Tesla has recalled over 9,500 Model X and Y SUVs built in 2015 and 2016 and that company has filed the recall with the US National Highway Traffic Safety Administration (NHTSA)
 "Tesla recalls over 9,000 Model X and Y over manufacturing issues")
Elon Musk's Tesla to join S&P 500 in December as largest-ever new member
Musk, 49, is poised to become the world's third-richest person, after his net worth rises by more than $12 billion
 "Elon Musk's Tesla to join S&P 500 in December as largest-ever new member")
EV policy will reduce carbon emission by 4.8 mn tonnes in 4 yrs: Delhi govt
Delhi's EV policy will contribute to 4.8 million tonnes of reduction in carbon emissions by 2024
 "EV policy will reduce carbon emission by 4.8 mn tonnes in 4 yrs: Delhi govt")
Will tweak strategy to maintain electric, autonomous push: Volkswagen CEO
Volkswagen will tweak its strategy to maintain investment momentum for developing electric and autonomous cars as it tries to make up for lost revenues caused by the coronavirus pandemic, CEO said
 "Will tweak strategy to maintain electric, autonomous push: Volkswagen CEO")
Tesla's Elon Musk promises dramatic cuts in electric car costs in 3 years
Tesla expects to eventually be able to build as many as 20 million electric vehicles a year
Cheaper electric cars may help oil firms to green their businesses faster
Batteries are expected to only make up only 15% of a vehicle's total costs by 2030, compared with 30% today.
Buyers in Europe rejoice as policymakers offer electric-car subsidies
Chancellor Angela Merkel and President Emmanuel Macron have sought to soften the coronavirus pandemic's blow to the badly hit car sector.
 "Buyers in Europe rejoice as policymakers offer electric-car subsidies")
Tesla's new long-life batteries may bring EVs cost in line with petrol cars
For months, Tesla Chief Executive Elon Musk has been teasing investors, and rivals, with promises to reveal significant advances in battery technology during a "Battery Day" in late May.
Tesla posts third quarterly profit in a row, but Elon Musk is not happy
Tesla produces a fraction of the cars of its rivals but has a much larger stock market value on expectations of tremendous growth
