Business

Tesla Postpones Robotaxi Launch: What You Need to Know

According to news agencies, Telsa is pushing back the introduction of its robotaxi until October. According to Bloomberg, which cites people familiar with the decision, CEO Elon Musk originally announced the date in August. However, it has since been postponed as the design team was instructed to redesign some aspects of the vehicle. Reports state…

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Business

Toyota’s New EV with Advanced Self-Driving System: Coming to China in 2025

Toyota Motor Corp. (7203.T), opens a new tab, plans to launch its first electric car model with an advanced autonomous driving system similar to that of Tesla (TSLA.O) in the Chinese market next year, one of the company’s Chinese officials joint ventures said. Its joint venture with state-run Guangzhou Automobile Group (601238.SS), opens a new…

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Business

Tesla plans to release its FSD software in China

Tesla is about to register its advanced driver assistance software, known as “Fully Self-Driving” (FSD), with China’s Ministry of Industry and Information Technology, according to people familiar with the matter. This is the first step that could see employees test the system before it is eventually rolled out to customers in Tesla’s second-largest global market.…

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Business

Nio introduces the L60 SUV, a competitor to Tesla’s Model Y

Chinese automaker Nio has unveiled its Tesla Model Y competitor, the Onvo L60 SUV. Nios CEO William Li unveiled his Onvo L60 SUV in Shanghai. “With technologies evolving and people’s understanding [of] smart EVs deepening, today it’s time for us to redefine the new standards for family cars,” said Li. Nio’s more reasonably priced brand…

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Business

Tesla’s robotaxi will be revealed on August 8th, according to Elon Musk

On August 8, Tesla will unveil its much-anticipated robotaxi, according to a post Elon Musk made on X. The next-generation car platform from Tesla is reportedly used in the construction of the upcoming autonomous vehicle. The news was made the same day that Reuters revealed the company had abandoned its plans to produce an electric…

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Business

India reduces EV import taxes in support of Tesla’s entry-level plans

India will reduce import duties on certain electric vehicles for companies that invest at least $500 million and commit to setting up local manufacturing facilities within three years, but jeopardizes Tesla’s plans to enter the South Asian market. Possible policy changes could provide a boost. Companies have three years to establish local manufacturing of electric…

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Technology

Tesla’s EV charging plug is being standardised by the SAE

In the United States, Tesla’s North American Charging Standard (NACS) is one step closer to becoming the standard for charging electric vehicles. One of the most important standards bodies for the automotive industry, SAE International, announced on Tuesday that it is working to support the plug, making it simpler for manufacturers to include NACS connectors…

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