Audi Executive Says Lowering Import Tax on EV Will Help Test India Market

Audi Executive Says Lowering Import Tax on EV Will Help Test India Market

ByNews Polite

Volkswagen-owned Audi’s India unit said on Friday that any potential cut down on electric vehicle (EV) import taxes would help the German carmaker experiment better with models and pricing in the world’s third-largest car market. “If we get a window of three to five years where the government is able…

JSW Group Said to Be in Talks to Get Licence for Technology to Build EVs in India

JSW Group Said to Be in Talks to Get Licence for Technology to Build EVs in India

ByNews Polite

India’s steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions.  Under the technology licensing agreement, JSW would use Leapmotor’s platform — the structural underpinnings of a car on which it is built — to manufacture EVs in India under its own brand name, the sources said,…

Elon Musk’s SpaceX Buys Advertising Package for Starlink on Twitter

Elon Musk’s SpaceX Buys Advertising Package for Starlink on Twitter

ByNews Polite

SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns the rocket company and the social media platform that is seeing an exodus of advertisers. “SpaceX Starlink bought a tiny – not large – ad package to test effectiveness of Twitter…

EU Electric Car Makers May Soon Have Level Playing Field With US EV Manufacturers For Subsidies: Details

EU Electric Car Makers May Soon Have Level Playing Field With US EV Manufacturers For Subsidies: Details

ByNews Polite

European Union and US officials expect to reach an agreement that would grant EU companies, including electric car makers, the same status as US ones in the US market, to avoid what the EU calls discrimination against its producers by the US Inflation Reduction Act. The EU says that while it allows government tax…

Tesla Used Cheaper LFP Batteries in Half of All Vehicles Produced in Q1 2022

Tesla Used Cheaper LFP Batteries in Half of All Vehicles Produced in Q1 2022

ByNews Polite

As Tesla’s profits and prices grabbed headlines last week, a potentially pivotal development for the global car industry flew largely under the radar. The US electric pioneer disclosed that nearly half of the vehicles it produced in the first quarter were equipped with lithium iron phosphate (LFP) batteries — a…