Page 19 - Ev Makers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Overnight. but you can see still considerably lower than a year ago. tesla stock was down nearly 10% even after delivering an earnings report that beat estimates. joining me now is dan ives from webbush. >> and i think it was just an overreaction to musk not committing to saying price cuts were done. ultimately they are playing poker and it has been a home run success in terms of this cutting prices and what demand looks like. >> we've seen other ev makers cutting prices too. what is going on there, are they trying to generate demand? >> it is tesla's world and everyone else is paying rent. ...

The government sent recovery notices totalling Rs 469 crore earlier this fiscal year to seven companies — Hero Electric, Okinawa Autotech, Ampere EV, Revolt Motors, Benling India, Lohia Auto and Amo Mobility — for allegedly violating local sourcing norms.

Electric two-wheeler makers may face uncertainty with a big subsidy cut, but they should get used to a level playing field. That might be just the nudge they need to turn competitive

According to ICRA, total investments made by the CV industry were estimated at nearly Rs 3,200 to Rs 3,500 crore during last fiscal, and a similar amount is expected for FY24 as well

Korean car company kia has issued a plea to trade unions to drop a formal policy that favours hiring the children of longtime employees. the appeal follows pressure from the south korean government on large companies to stop handing jobs to relatives of existing employees. almost 60 companies have already been prevented from continuing the practice but kia's agreement with unions requires the company to hire the children of retired employees or those who work for more than 25 years. . and the shanghai auto show is under way and this year, ev makers are vying for a bigger share of the chinese m...