Detroit/Berlin/Tokyo – Just as the prices of crude oil had taken a leap to $ 70 internationally, the leading automobile companies of the world were making heavy investments in the sector of ‘Electric Cars’. This news came into focus at an exhibition of cars in Detroit in US. Information received from international agencies and experts […]
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Washington: Tesla Inc., makers of only electric cars since the last 12 years, has jumped to number 2 in the automobile sector companies. Tesla Inc. Shares registered an increase of 4%, in the transactions on Wednesday, taking the company’ market capitalisation above $100 billion. Tesla Inc. is the first electric car maker to reach this […]
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Landon: Chris Watling, a British analyst, warned about the drop oil prices to 10 dollars per barrel in next few years. He said that, “Development in electric cars will cause significant events around the world. As 70 percent of all the crude oil produced is used for transportation. We cannot forget that approximately 120 years ago the world was not […]
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Beijing: China is decisively moving to gain control of Lithium resources around the world which is an important element in the manufacturing of batteries for electric vehicles. A few days ago, China announced investing more than $2 billion in Argentina, a Latin American country known to be part of the Lithium Triangle. It has been […]
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New Delhi – Union Minister Nitin Gadkari told the Tesla Motor Company that the concept of manufacturing cars in China and selling them in India is not digestible. This company manufacturing electric cars demanded that the import duty on electric cars be reduced in India. Thus, Gadkari reacted against this background. While answering a question […]
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Kabul/Beijing – A team comprising members of five Chinese companies has reached Afghanistan in search of rare earth minerals worth trillions of dollars. This was reported by China’s official mouthpiece, the Global Times. International analysts have warned that China is trying to find lithium reserves, one of the rarest minerals. China had rushed in with […]
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Beijing: – Tesla CEO Elon Musk announced, ‘If our cars are being used for espionage in China or any other country, Tesla Motors will close its business.’ China had accused that this company’s cars were used for espionage in the country. China instructed its officials not to use Tesla cars, forwarding this reason. This is […]
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New Delhi: – Elon Musk, the CEO of Tesla Motors, gave clear indications that the Tesla company is set to enter the Indian market next year. While the Indian government is planning policy to increase the use of electric vehicles in the country, Tesla has decided to enter the Indian market. Elon Musk, the CEO […]
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New Delhi: – It is being reported that the government is planning to bring an incentive scheme with a view to encourage the use of electric vehicles for the projects to manufacture modern batteries used in electric vehicles. The NITI Aayog has prepared a report in this regard. The NITI Aayog expressed confidence that if […]
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Moscow: Russia has started moves to challenge the Chinese hegemony in the Rare Earth Minerals, a critical input for manufacturing, in the defence and technology sectors. Alexei Besprozvannykh, Russia’s deputy industry and trade minister, said that Russia would be investing nearly $1.5 billion, in the next few months, in this sector. China has more than […]
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