ELECTRIC

ELECTRIC

Tesla reduces prices of Model Y, X and S EVs in US

Tesla has officially reduced the pricing of three of its EVs: Model Y, Model X, and Model S, in the US. Each model will now cost US$2,000 each, as per an official announcement by the EV company.

2w ago

Xiaomi's first EV to be priced under $70k

Xiaomi's first electric vehicle, the SU7, will be priced under $70,000, according to Lei Jun, CEO of Xiaomi, in a recent statement. Jun added that the Xiaomi SU7 aims to be "the best looking, easiest to drive and smartest car" available in the market under the 500,000 yuan ($69,424) price tag.

1m ago

Apple stops electric car project: report

Apple has stopped work on 'Project Titan', the tech giant's electric car project, according to a source familiar with the matter. The decision comes a decade after the reputed tech company begun the project, despite no official announcement being made thus far.

2m ago

Singer Bangladesh’s profit rises 615%

The company sold Tk 1,700 crore goods in 2023, declared 35% cash dividend

3m ago

Apple's electric car to be released in 2028: report

Apple Inc.'s electric car initiative, known as 'Project Titan', has recently shifted to a 2028 release date from the original release date of 2025, according to Mark Gruman, a renowned Apple analyst. 

3m ago

Electric vehicles are reducing global oil consumption: reports

Increasing electric vehicle sales in recent years have prompted forecasters to revise their estimates for the global peak in oil consumption. Public subsidies and advancements in technology are aiding consumers in overcoming the occasionally high upfront costs associated with battery-powered cars, as noted by industry experts.

5m ago

Tesla cars worth US$26k to be made in Germany: reports

Tesla cars worth 25,000 euros (about $26,838) are planned to be built at a factory in Berlin, Germany, as per a source close to the international EV maker Tesla. According to autos research firm JATO Dynamics, the average retail price of an EV in Europe in the first half of 2023 was over 65,000 euros, compared to just over 31,000 euros in China.

6m ago

Solid-state batteries: the future of the EV industry?

Central to the recent rise of EVs is an ongoing competition between two battery technologies: solid-state batteries, which promise enhanced performance and safety, and traditional lithium-ion batteries, which have served as the workhorse of the EV industry.

8m ago

Palki: An affordable locally assembled Electric Vehicle on its way

In today’s world, many countries are now changing lanes and embracing electric vehicles (EVs). In the past decade, we have seen a tectonic shift in the automotive industry - we have seen brands like Tesla, Rivian and NIO take off. We have also seen conventional automakers like Volvo, GM, Nissan and Ford fast-track their EV product line. Globally, electric vehicle sales figures have soared to a record high. Countries like Norway, Germany and Netherlands have adopted electric vehicles swiftly. Even in China, the electric car market own consists of 28% now, which is a massive pie compared to just five years back. 

1y ago

Can electric bicycles be the new choice for Bangladeshi commuters?

Today, we look into electric bicycles and how they can be considered to be an alternative mode of transport for people who are looking to minimise their expenses.

1y ago

India to see Audi-powered electric auto-rickshaws soon

Three-wheeler rickshaws are an essential mode of transportation in many parts of Asia. Keeping that very target audience in mind, Nunam, a German–Indian start-up called is bringing three electric rickshaws to the Indian market.

1y ago

Designing the future Electric cars to car designers

Traditional vehicle design tends to have large front grilles which allow increased airflow and designers need to make sure that enough air is getting to the engine whilst keeping the front of the car presentable.

2y ago
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