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New Delhi, May 5, 2024 – Electric car manufacturer Tesla has filed a lawsuit against an Indian battery company, Tesla Power India Private Limited, for trademark infringement. Tesla claims the Indian company’s use of the brand name “Tesla Power” infringes on their registered trademark. In a hearing at the Delhi High Court this week, Tesla … Read more
Magna International Inc. (Magna) unveiled its next-generation 800-volt eDrive system at CES 2024, boasting significant advancements in efficiency, power density, and size reduction. This new eDrive delivers a remarkable 93% efficiency in real-world driving conditions, a leap from the previous generation’s 91%. This translates to extended range and potential battery pack reductions for future electric … Read more
While Tesla sets up shop in India, a homegrown automaker is quietly leading the electric vehicle (EV) revolution. Tata Motors’ Nexon EV has become the best-selling electric car in India, proving affordability and practicality can be a winning formula. Focus on Affordability: Unlike some luxury EVs, the Nexon EV starts at a competitive $17,360, making … Read more
Chinese automakers are quietly becoming leaders in electric and hybrid car technology, surpassing many established Western brands. This trend was highlighted recently by two significant achievements: These feats highlight China’s progress not only in raw performance but also in affordability. The record-breaking models are priced competitively, ranging from $17,800 to $21,700. Additionally, several other Chinese … Read more
The Chinese electric vehicle (EV) market, the world’s largest, is experiencing a slowdown and a fierce price war among domestic manufacturers. Profits Plummet for EV Leaders BYD, China’s top EV producer in 2023, reported a significant drop in Q1 2024 profits compared to the previous quarter. Their net profit fell by 47%, despite a 13.4% … Read more
Hongqi continues its reign of crafting some of the most audacious cars on the market with the unveiling of the L1 and the revised L5. Both vehicles are part of the prestigious Hongqi L Series, known for its top-tier luxury and head-turning design. L1: Power and Opulence The L1 boasts a length of 5.3 meters … Read more