Electricity Price Cut
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Tesla Cars Now Start At Under $40,000 To Counter Loss Of US EV Incentives
Tesla Inc. introduced new versions of its top-selling models priced at under $40,000, making its main vehicles more affordable to counteract the loss of US incentives for electric cars.
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Trump Plans To Invest Billions In US Rare Earths To Cut China's Grip
US production of crucial components in electric vehicles, smartphones and fighter jets is set to expand rapidly in the coming years, as the Trump administration intensifies efforts to build up the critical mineral industry in the US.
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Lower GST On ICE Vehicles Could Stall EV Momentum: HSBC Report
Proposed GST cuts on petrol and diesel vehicles could reduce EVs price advantage, slowing adoption while causing major revenue losses for the government - HSBC.
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How India's FGD Shift Will Cut Electricity Cost By 25-30 Paise Per Unit
The government's move to ease sulphur emission rules for most coal-fired power plants strikes a delicate balance between costs, climate and compliance and is expected to cut electricity costs by 25-30 paise per unit, officials said on Sunday.
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Ola S1 Electric Scooter Gets Huge Price Cut As Holi Offers
Ola has announced the Holi Flash Sale, allowing discounts on the S1 range of scooters. Read the full story to learn more.
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OPG Ferrato Electric Scooter Range Gets A Price Cut: Check New Prices
OPG has announced a price drop on its Ferrato lineup. The initiative aims at extending cost benefits obtained from suppliers to customers directly.
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Tesla Slashes Car Prices By Nearly $2,000 In China After US Price Cuts
Tesla has cut prices by nearly $2,000 across its models in China, after price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against cheaper Chinese EVs.
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Ola Electric Cuts Cheapest E-Scooter Prices By 12.5%. It Now Costs...
Ola Electric, India's largest electric scooter maker, reduced the price of its cheapest variant by 12.5%, it said on Monday, as the loss-making company tries to boost sales after the government reduced subsidies.
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Tata Motors Announces First EV Price Cuts in India; Electric Car Prices Lowered By Up to 8 Percent
Tata Motors has announced a price cut of up to 120,000 rupees (~$1,450). The price cuts of up to 8 percent are the first such by an electric carmaker in the country. Currently electric vehicles form just 2 percent of car sales in India, as buyers are wary about the higher upfront costs despite lower running costs and as range anxiety persists.
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Audi Executive Says Lowering Import Tax on EV Will Help Test India Market
Volkswagen-owned Audi's India unit said on Friday that any potential cut down on electric vehicle (EV) import taxes would help the German carmaker experiment better with models and pricing in the world's third-largest car market.
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Renault to Overhaul Software Architecture Ahead of Goal to Be on Par With Tesla by 2026
Renault on Monday outlined its plans to overhaul its software architecture for future vehicles to bring them on par with industry leader Tesla by 2026. The French carmaker is looking to include just 20 processors on board to operate its vehicles, down from the currently required 100 processors. It will also allow Renault to make updates remotely, w...
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Arnault's Wealth Soars To $210 Billion, Leaving Musk In The Dust
Bernard Arnault, the world's richest person, is solidifying his lead over second-ranked Elon Musk. The luxury tycoon is selling more expensive goods, while the Tesla Inc. founder cuts prices on electric vehicles.
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Used EV Sales Rise in the US Amid Fall in Prices: Report
Used electric vehicle sales in the United States rose 32 percent in the first three months of 2023 as prices fell, data provider Cox Automotive said on Friday. The group said the average retail listing prices for used EVs was around $43,400 (nearly Rs. 35 lakh), down 4 percent from the same quarter last year and significantly below the average new...
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Tesla Said to Run Reduced Output in Shanghai Plant in January: Report
Tesla is said to run a reduced production schedule at its Shanghai plant in January, extending the reduced output it began this month into next year, according to a report. Tesla will reportedly run production for 17 days in January between January 3 to 19 and will stop electric vehicle output from January 20 to 31 for an extended break for Chinese...
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Dutch Greenhouse Growing Tulips Using Solar Powered Bitcoin Mining to Cut Down on Gas Prices
A greenhouse near Amsterdam is using solar energy to mine Bitcoin, while using the heat generated from the miners to grow tulips. The system helps cut the reliance on gas, as prices increased after Russia's invasion of Ukraine. The greenhouse is also selling tulips online for bitcoin via a business called Bitcoinbloem.
-
Tesla Cars Now Start At Under $40,000 To Counter Loss Of US EV Incentives
Tesla Inc. introduced new versions of its top-selling models priced at under $40,000, making its main vehicles more affordable to counteract the loss of US incentives for electric cars.
-
Trump Plans To Invest Billions In US Rare Earths To Cut China's Grip
US production of crucial components in electric vehicles, smartphones and fighter jets is set to expand rapidly in the coming years, as the Trump administration intensifies efforts to build up the critical mineral industry in the US.
-
Lower GST On ICE Vehicles Could Stall EV Momentum: HSBC Report
Proposed GST cuts on petrol and diesel vehicles could reduce EVs price advantage, slowing adoption while causing major revenue losses for the government - HSBC.
-
How India's FGD Shift Will Cut Electricity Cost By 25-30 Paise Per Unit
The government's move to ease sulphur emission rules for most coal-fired power plants strikes a delicate balance between costs, climate and compliance and is expected to cut electricity costs by 25-30 paise per unit, officials said on Sunday.
-
Ola S1 Electric Scooter Gets Huge Price Cut As Holi Offers
Ola has announced the Holi Flash Sale, allowing discounts on the S1 range of scooters. Read the full story to learn more.
-
OPG Ferrato Electric Scooter Range Gets A Price Cut: Check New Prices
OPG has announced a price drop on its Ferrato lineup. The initiative aims at extending cost benefits obtained from suppliers to customers directly.
-
Tesla Slashes Car Prices By Nearly $2,000 In China After US Price Cuts
Tesla has cut prices by nearly $2,000 across its models in China, after price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against cheaper Chinese EVs.
-
Ola Electric Cuts Cheapest E-Scooter Prices By 12.5%. It Now Costs...
Ola Electric, India's largest electric scooter maker, reduced the price of its cheapest variant by 12.5%, it said on Monday, as the loss-making company tries to boost sales after the government reduced subsidies.
-
Tata Motors Announces First EV Price Cuts in India; Electric Car Prices Lowered By Up to 8 Percent
Tata Motors has announced a price cut of up to 120,000 rupees (~$1,450). The price cuts of up to 8 percent are the first such by an electric carmaker in the country. Currently electric vehicles form just 2 percent of car sales in India, as buyers are wary about the higher upfront costs despite lower running costs and as range anxiety persists.
-
Audi Executive Says Lowering Import Tax on EV Will Help Test India Market
Volkswagen-owned Audi's India unit said on Friday that any potential cut down on electric vehicle (EV) import taxes would help the German carmaker experiment better with models and pricing in the world's third-largest car market.
-
Renault to Overhaul Software Architecture Ahead of Goal to Be on Par With Tesla by 2026
Renault on Monday outlined its plans to overhaul its software architecture for future vehicles to bring them on par with industry leader Tesla by 2026. The French carmaker is looking to include just 20 processors on board to operate its vehicles, down from the currently required 100 processors. It will also allow Renault to make updates remotely, w...
-
Arnault's Wealth Soars To $210 Billion, Leaving Musk In The Dust
Bernard Arnault, the world's richest person, is solidifying his lead over second-ranked Elon Musk. The luxury tycoon is selling more expensive goods, while the Tesla Inc. founder cuts prices on electric vehicles.
-
Used EV Sales Rise in the US Amid Fall in Prices: Report
Used electric vehicle sales in the United States rose 32 percent in the first three months of 2023 as prices fell, data provider Cox Automotive said on Friday. The group said the average retail listing prices for used EVs was around $43,400 (nearly Rs. 35 lakh), down 4 percent from the same quarter last year and significantly below the average new...
-
Tesla Said to Run Reduced Output in Shanghai Plant in January: Report
Tesla is said to run a reduced production schedule at its Shanghai plant in January, extending the reduced output it began this month into next year, according to a report. Tesla will reportedly run production for 17 days in January between January 3 to 19 and will stop electric vehicle output from January 20 to 31 for an extended break for Chinese...
-
Dutch Greenhouse Growing Tulips Using Solar Powered Bitcoin Mining to Cut Down on Gas Prices
A greenhouse near Amsterdam is using solar energy to mine Bitcoin, while using the heat generated from the miners to grow tulips. The system helps cut the reliance on gas, as prices increased after Russia's invasion of Ukraine. The greenhouse is also selling tulips online for bitcoin via a business called Bitcoinbloem.
