Stay updated with breaking news from Tv Maker. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Reliable sources within the industry have revealed that Ola Electric has successfully met the stringent eligibility assessment requirements outlined in the PLI Scheme, including a minimum of 50% domestic value addition to its vehicles.
Tesla's vehicle sales have been on the rise since September when it began to bring in Model Y midsized SUVs manufactured at its Shanghai plant at sharply lowered prices compared with the Model Y's U.S.-made versions.
Ola Electric Mobility (OEM) which had on August 15, 2023 announced a line-up of electric motorcycles -- Cruiser, Adventure, Roadster and Diamondhead -- expects to begin delivery of the motorcycles in the first half of fiscal 2026.
The ET9 executive sedan, positioned in the same class as Mercedes Benz's Maybach and Porsche's Panamera series, is expected to start delivery in the first quarter of 2025 at an estimated price of 800,000 yuan (USD 112,178), Nio's founder and chief executive William Li said at the company's "Nio Day" annual event.
Norwegian Public Roads Administration (NPRA) senior engineer Tor-Ove Satren said the agency started questioning Tesla in September 2022 and asked the automaker to assess consumer complaints about lower rear control arms breaking on its Model S and X vehicles. Satren said the agency could recommend that Tesla recall all model years of the S and X vehicles to replace rear lower control arms if it determines they pose a "serious risk."