Tesla set to erase $50 billion in valuation after Musk's sales warningTesla tumbled nearly 9% on Thursday. Musk said growth would be "notably lower" as Tesla focuses on a cheaper, next-generation electric vehi...
25 Jan, 2024, 08.25 PM IST
Tesla tanks around 9%; CEO Musk's demand warning sparks selloff in EV stocksRivals including Rivian Automotive, Lucid Group and Fisker fell between 3.3% and 4.5%, while legacy automakers such as Ford were down aroun...
19 Oct, 2023, 08.49 PM IST
Foreign auto manufacturers in India step up manpower hunt in bid to drive expansionOverseas automobile and component makers in India are boosting their search for specialised talent in engineering, research and design and ...
12 Aug, 2023, 10.52 AM IST
EV startups burn through more cash as demand faltersEven market leader Tesla has warned of "turbulent times" and traditional automakers with deeper pockets including Ford Motor are losing mon...
03 Aug, 2023, 10.22 PM IST
Porsche to conquer waterways with its $655,000 electric speedboatThe boat will accommodate nine people, who can enjoy a swimming platform, sun lounge, premium sound system and refrigerator while on board....
30 Jun, 2023, 12.47 AM IST
Tesla's slowing sales, shrinking margins in focus in EV price warThe company's margins will be hit though as Tesla looks to squash competition from traditional automakers such as Ford Motor Co and unprofi...
25 Jan, 2023, 01.08 AM IST
Tesla's price cuts promise more pain for money-losing US EV startupsTesla's move last week to slash prices globally on its EVs by as much as 20% could draw new buyers to electric cars in the industry, but al...
20 Jan, 2023, 08.10 PM IST
Nvidia, Foxconn to build autonomous vehicle platformsTaiwanese contract manufacturer Foxconn said it will manufacture electronic control units (ECUs) for cars based on Nvidia's DRIVE Orin chip...
04 Jan, 2023, 02.17 PM IST
Is anyone actually making electric vehicles?It’s even tougher when costs to produce vehicles are surging. Manufacturers can’t get their hands on parts and sales have been underwhelmin...
25 May, 2022, 09.57 AM IST
Fisker Pear EV teased, production to start in Foxconn factory in 2024In a press release, Fisker and Foxconn said they expect to build a minimum of 250,000 Fisker PEAR units a year at the plant after a ramp up...
15 May, 2022, 10.46 AM IST
Carmakers shift up a gear in race to go electricThat follows a recent announcement that Daimler AG will take a 33% stake in battery cell manufacturer Automotive Cells Company (ACC), found...
18 Oct, 2021, 05.31 PM IST
No revenue is no problem in the 2020 stock marketThe remarkable thing about some of these SPAC-backed companies is they’re going public before they’ve generated their first revenues. These...
18 Sep, 2020, 07.04 PM IST
Change of plans: Henrik Fisker now working on a $40K electric SUVThe BMW designer earlier announced plans to produce an expensive electric sports car.
20 Mar, 2019, 03.28 PM IST
New research punctures electric cars' greenhouse gas claimsWhile electric cars are emission-free on the road, they still discharge a lot of the carbon dioxide just like conventional cars.
18 Oct, 2018, 07.28 AM IST
Aston Martin sued for $100 million over alleged plagiarism claimsDesigner Henrik Fisker has sued the automaker for threatening him from entering an auto show because his new design resembled the Aston Mar...
07 Jan, 2016, 10.07 AM IST
Henrik Fisker files $100 mn lawsuit against Aston Martin for Civil ExtortionHenrik Fisker has filed a $100 million lawsuit against automaker Aston Martin for Civil Extortion related to Aston Martin's threats.
05 Jan, 2016, 05.54 PM IST
- US automaker receives $528.7 million government loan
The Energy Department said Tuesday it would lend $528.7 million to Fisker from a $25 billion fund to develop fuel-efficient vehicles, makin...
23 Sep, 2009, 03.38 AM IST