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Tesla's Musk likely to unveil $2-$3 bln India investment during visit, sources say
Tesla's Musk likely to unveil $2-$3 bln India investment during visit, sources say. The billionaire is expected to enter the world's third-largest auto market where electric car adoption is still in its infancy. Musk will meet Prime Minister Narendra Modi on Monday in New Delhi.
Reuters · 1d ago
China's BYD unveils three new models for its off-road Fangchengbao lineup
China's BYD unveils three models, including two concept cars, under its premium brand Fangchengbao. The Bao 8 SUV, Super 3 concept crossover and Super 9 concept sports car made their debut. Most of the models feature a plug-in hybrid system for off-road driving. BYD is trying to sell into higher-priced segments.
Reuters · 1d ago
UPDATE 2-Tesla's Musk to meet Modi in India, announce investment plans, sources say
Tesla's Musk to meet Modi in India, announce investment plans, sources say. Billionaire to meet prime minister on April 22 in New Delhi. Musk is expected to make announcement on plans to invest and open a factory in the country. Musk's visit comes as India heads into a two-month election.
Reuters · 04/10 12:05
UPDATE 3-Musk to meet Modi in India; sources say announcement on investment likely
Tesla chief Elon Musk says he will visit India to meet Prime Minister Narendra Modi. Sources say Musk is expected to make an announcement on investment and a factory in the country. The billionaire will meet Modi in the week of April 22 in New Delhi, sources say. Musk and Modi last met in New York in June.
Reuters · 04/10 12:05
Tesla's Musk to meet Modi, visit India to disclose investment plans, sources say
Tesla's Musk to meet Modi, visit India to disclose investment plans, sources say. The billionaire executive will meet Modi in the week of April 22 in New Delhi. Musk is expected to make an announcement related to his plans to invest and open a factory in the country.
Reuters · 04/10 11:42
RPT-BREAKINGVIEWS-India’s tech engine is primed for an AI boost
India’s technology sector is primed for an artificial intelligence boost, says Pranav Kiran. Global firms are shifting focus to develop artificial intelligence capabilities in India. India-based roles formed a larger share of total hiring at tech titans, he says. It will help India take a bigger share of the global $4 trillion digital services trade.
Reuters · 04/09 11:00
UPDATE 1-India EV sales to rise 66% this year after nearly doubling in 2023, report says
Electric-vehicle sales in India expected to rise 66% this year after doubling in 2023, report says. By 2030, EVs are expected to represent a third of India's personal vehicle market. India's EV market is dominated by domestic carmaker Tata Motors. Electric models made up 2% of the total car sales in 20 23.
Reuters · 04/05 14:09
Tesla begins making cars in Germany for export to India this year -sources
Tesla begins production of right-hand drive cars in Germany for export to India this year -sources. Tesla is expected to visit India later this month to look at sites for a local car manufacturing plant. India last month slashed the import tax rate on certain electric vehicles. The carmaker has eyed the world's third-largest car market.
Reuters · 04/04 12:54
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