Elon Musk said on Wednesday that electric vehicle (EV) giant Tesla likely will launch full self-drive technology this year and generate significant profits that offset some of the margin pressure it’s facing due to aggressive price cuts. “I hesitate to say this but I think we’ll do it this year,” said Tesla CEO Musk, speaking … Read more
Electric vehicles accounted for nearly 15 percent of all vehicles sold in Delhi in March, according to the data of the transport department. It also stated that 7,926 electric vehicles (EVs) were sold in March, out of which four wheelers contributed to 20 percent of the sale and three wheelers contributed 12 per cent. A … Read more
Tesla is under investigation by US regulators over complaints the steering wheel can fall off certain new Model Y vehicles while they’re in use. The National Highway Traffic Safety Administration said it’s aware of two incidents in which the wheel detached from the steering column while drivers were operating the 2023 model year SUVs. The … Read more
Electric aircraft maker Eve Holding is “on track” to meet its goal of starting commercial operations in 2026, an executive said on Friday, and getting its aircraft certificated is the most immediate target. Eve’s vice president of services & fleet operations, Luiz Mauad, told Reuters in an interview he expects authorities in 2023 to make progress … Read more