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The Warren Buffett-backed carmaker posted first-quarter net profit of 4.57 billion yuan (US$631 million), 47.3 per cent lower than the quarter ended December 2023.
Tesla’s revenue in the March quarter fell 9% from a year ago, the first decline in more than four years. This was expected, and investors seem to be keeping their faith in the company. Will Musk finally deliver on the affordable EV?
Australia's Macquarie Asset Management plans to invest $1.5 billion in India's electric vehicle sector through its new platform Vertelo, offering fleet electrification solutions. The platform, backed by the Green Climate Fund, aims to reduce greenhouse gas emissions by 9.5 metric tonnes. Vertelo has already secured agreements with companies like Chalo Mobility, JBM, Eka Mobility, and Tata Motors to supply electric vehicles and develop charging infrastructure. Macquarie Group sees this investment as a step towards India's energy independence and combating climate change.
Odysse offers seven vehicle models with 12 variants, comprising both high- and low-speed electric scooters as well as bikes. he company has already started the process to secure external funding, which is expected to be completed by the current quarter of this fiscal, Vora said in an interaction with PTI.
Odysse Electric: Odysse offers seven vehicle models with 12 variants, comprising both high- and low-speed electric scooters as well as bikes. he company has already started the process to secure external funding, which is expected to be completed by the current quarter of this fiscal, Vora said in an interaction with PTI.