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Musk's sales alert sparks $80B plunge in Tesla's market valuation

Tesla shares slid by over 12% on Thursday, after its head billionaire Elon Musk warned sales growth would dampen this year despite the reduction in prices. ....

United States , Michael Hewson , Toni Sacconaghi , Elon Musk , Rivian Automotive Inc , Lucid Group , Electric Vehicle Market , Lev Market , Tesla Shares , Market Valuation , Auto Market , Auto Sales ,

Hyundai Skirt Device Improves EV Range, But Big ICE Lead Remains

Hyundai has developed technology to improve EVs’ high-speed cruising range but the claimed improvement of 2.8% still leaves a big gap compared with ICE technology. ....

South Korea , Vauxhall Corsa , Peter Wells , Cardiff Business School , Active Air Skirt , Kia Soul , Hyundai Ioniq , Mini Electric , Electric Cars , Range Anxiety , Skirt Devc E ,

EU automakers' 'moment of truth'

Retaliatory tariffs could hit overall EV demand in EU, Wood Mackenzie warns ....

Mining Journal , Wood Mackenzie ,

e-Luna: Kinetic Green to roll out e-Luna next month, bookings start on January 26

Kinetic Green plans to invest Rs 100 crore in developing the e-Luna, an electric two-wheeler set to be launched next month. Sulajja Firodia Motwani, the Founder and CEO of Kinetic Green, stated that the e-Luna will cater to the needs of passengers and last-mile delivery segments. The company aims to have 50,000-70,000 e-Luna units for the passenger B2C network and 20,000-30,000 units for last-mile delivery. Kinetic Green has 300 dealerships currently and plans to expand to 1,500 over the next three years. Additionally, a new production line with a capacity to assemble five lakh e-Luna units annually has been commissioned. ....

Sulajja Firodia Motwani , Kinetic Green , Firodia Motwani , Electric Vehicles , De Luna , Last Mile Delivery ,