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China's BYD to give dealers 2 bn yuan for hitting sales target -sources, ET Auto - Vimarsana News

China's BYD to give dealers 2 bn yuan for hitting sales target -sources, ET Auto

Byd: The Chinese automaker will pay 666 yuan (USD 93.17) per car to the dealers if they have achieved their sales targets in 2023, the people said. The number 666 is considered an auspicious figure in China since the number sounds like the word for "cool" or "amazing".

Two U.S. senators call for Tesla recalls after Reuters investigation, ET Auto - Vimarsana News

Two U.S. senators call for Tesla recalls after Reuters investigation, ET Auto

Tesla Recalls: "We write with extreme concern following recent reporting about Tesla's knowledge of safety flaws in its vehicles and concealment of the causes of these flaws from the National Highway Traffic Safety Administration," states the letter, which is signed by Senators Richard Blumenthal, of Connecticut, and Edward J. Markey, of Massachusetts.

Centre considers lowering EV tariff to lure Musk's Tesla: Report, ET Auto - Vimarsana News

Centre considers lowering EV tariff to lure Musk's Tesla: Report, ET Auto

The Centre is considering a request from Elon Musk-run Tesla to lower tariffs for imported electric vehicles (EVs) as the company looks into setting up a plant in the country, a media report said on Monday.