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Electric Vehicles News
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Tata Nexon EV Owner Uses Wet Sack ‘Desi-Jugaad’ to Beat Indian Summer Heat
- A Tata Nexon EV owner in India used a wet sack on the roof of his car to beat the summer heat.
- The owner, a senior cardiologist in IGIC Patna, Bihar, resorted to this 'Desi Jugaad' after the car's AC performed poorly.
- Many users commented on the post, stating that Tata Nexon EVs commonly have issues with their ACs in peak noon hours.
- To keep cars cool in Indian summers, alternative methods include using reflective materials, applying UV-blocking window tints, using a high-quality car cover, and parking in shaded areas.
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Teslarati
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Image Credit: Teslarati
Tesla Model Y units with black Gemini wheels seen leaving Fremont factory
- Tesla appears to be preparing to offer black Gemini wheels on its Model Y.
- A photo shared on X shows Model Y units with black and silver Gemini wheels leaving the Fremont factory.
- Currently, black Gemini wheels are only available in certain markets in Asia.
- Tesla fans in the US have been eagerly awaiting the launch of black Gemini wheels.
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Teslarati
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Tesla selling Model 3 demo vehicles in inventory at a slight discount
- Tesla is selling demo vehicles for the upgraded Model 3 at a slight discount from new ones.
- The demo vehicles have a little over a thousand miles on the odometer and are offered with discounts of hundreds of dollars.
- They come with a limited warranty and meet Tesla's cosmetic and mechanical standards.
- Tesla started offering demo drives for the refreshed Model 3 in January.
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Insideevs
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Image Credit: Insideevs
Used Tesla Cybertruck Markups Plummet As Hype Cycle Cools Down
- The Tesla Cybertruck, once a highly hyped vehicle, is experiencing a decline in markups as the hype cycle cools down.
- Influencers and speculators who previously paid top dollar for the Cybertruck in the secondary market are now seeing a decrease in profitability.
- Tesla implemented measures to prevent early owners from reselling the Cybertruck within the first year, but it is unclear how strictly this was enforced.
- Increased production, along with a growing number of used Cybertrucks available, has led to a drop in prices, with some vehicles listed below MSRP.
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Teslarati
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Image Credit: Teslarati
Tesla launches Powerwall 3 next-gen home battery in Canada
- Tesla has launched its next-generation home battery, the Powerwall 3, in Canada.
- Powerwall 3 offers 11.5 kW of on-grid power, a built-in solar inverter, and a total energy capacity of 13.5 kWh.
- Powerwall 3 can handle peak power of around 30 kW, making it sufficient for most homes.
- The new system is optimized for ease of installation, high power, and serving as an uninterruptible power supply.
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Teslarati
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Image Credit: Teslarati
Tesla Fremont and Giga Nevada have built 3 million cars
- Tesla has celebrated the production of three million cars across its Fremont factory and Gigafactory Nevada.
- Giga Nevada currently builds drive motors, powertrains, and battery packs for the Fremont factory.
- Tesla is expanding Giga Nevada to accommodate increased production of its 4680 battery cells and electric Semi.
- Earlier this year, Tesla began producing the updated Model 3 'Highland' in Fremont.
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Insideevs
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New Tesla Model 3 Performance Gets Another $1,000 Price Hike
- The new 2024 Tesla Model 3 Performance has received another $1,000 price hike.
- The top-of-the-line version of the Model 3 now starts at $54,990, plus $1,640 in fees.
- The price increase indicates strong demand, but it may limit eligibility for the $7,500 federal tax credit.
- Tesla has adjusted prices of popular options, such as making certain interior options free to stay within the price cap.
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E-Vehicleinfo
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Top Electric Vehicle Battery Companies Stocks in India
- The battery market in India is flourishing, driven by a myriad of factors such as government initiatives to encourage the adoption of electric vehicles, the increasing demand for energy storage systems powered by renewable energy deployment, and the growing usage of consumer electronics.
- With a projected Compound Annual Growth Rate (CAGR) of 16.80%, the Indian battery market is forecasted to reach USD 15.65 billion by 2029.
- Exide Industries, Amara Raja Energy and Mobility, Tata Chemicals, Bharat Electronics, Panasonic Energy India are top electric vehicle battery stocks in India.
- Exide Industries holds a strong position in lithium-ion batteries investing nearly Rs 40 crore in its wholly-owned arm advanced chemistry battery cells manufacturer Exide Energy Solutions Ltd.
- Amara Raja Energy & Mobility Limited is actively engaged in Li-ion cell production and charging solutions for Light Electric Vehicles and the telecom sector
- Tata Chemicals Limited has a preliminary agreement with the Gujarat government for the establishment of a lithium-ion cell factory, involving an investment of approximately Rs 13,000 crore.
- Bharat Electronics supplies Lithium-ion batteries for electric trucks, 3-wheelers, 4-wheelers, electric rickshaws, and electric cycles, catering to various electric vehicle applications.
- Himadri Speciality Chemical Ltd is a significant producer of advanced carbon, essential for manufacturing anodes in Lithium-ion batteries.
- HBL Power Systems Ltd specializes in the design and manufacturing of electric vehicle components, including the drive motor, motor controller, and battery modules.
- Ola Electric has invested USD 500 million to establish its Battery Innovation Center (BIC) in Bangalore which is poised to become one of the world’s largest and most advanced cell R&D centers.
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Teslarati
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Image Credit: Teslarati
Tesla Cybertruck seemingly helps power gas station after Houston tornado
- A video has emerged online showing a Tesla Cybertruck seemingly powering a gas station in Houston after a tornado.
- Due to severe thunderstorms and tornadoes in the area, over a million customers were left without power.
- The Cybertruck's Powershare feature allows it to provide backup power to a home and supply power on the go.
- Other users have also reported using the Cybertruck to power their homes during power outages caused by the storm.
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Popsci
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Image Credit: Popsci
Used EVs are getting cheaper. Should you buy one?
- Prices of used electric vehicles (EVs) have fallen by around 10% since last year, due in part to the actions of market leader Tesla, which has cut prices and boosted supply, according to Liz Najman, director of market insights at EV firm Recurrent. Meanwhile, because of improved battery technology, used EVs are less likely than before to degrade, and can still retain a sufficient portion of their original capacity even after 10 years, according to Matt Stock of minerals research and advisory firm Benchmark Mineral Intelligence.
- It is important for used EV buyers to focus on the battery, according to Dylan Khoo, an analyst at ABI Research - with most models carrying a warranty that covers either eight years or 100,000 miles. Buyers should also have a range estimate, which is easy to get from the dashboard, ensuring the battery capacity has not fallen below a certain percentage - usually 70% - and checking tax incentives. Despite the improvements, EVs representing less than 1% of used car sal
- Inflation Reduction Act, drivers can get a tax credit of up to $4,000 on used EVs that cost $25,000 or less, as long as the buyer and vehicle meet a list of conditions. Used EVs under $25,000, especially those eligible for the tax credit, are “getting sold really quickly,” said Najman.
- How to shop for a used electric vehicle
- When looking for a used EV, you should be laser-focused on the battery.
- Most EVs come with a warranty that covers eight years or 100,000 miles, whichever comes first, said Dylan Khoo, an EV analyst at ABI Research. During that time, if your used EV’s battery malfunctions, the manufacturer will replace it.
- Because the market is so young, many used EVs are still under warranty. Regardless, you’ll want to check the state of the battery of any car you’re considering. A range estimate is pretty easy to get.
- Since EVs have fewer moving parts than gas-powered vehicles, there is less of a chance that something else is wrong with them.
- Finally, you’ll want to consider tax incentives. As a result of the Inflation Reduction Act, drivers can get a tax credit of up to $4,000 on used EVs that cost $25,000 or less, as long as the buyer and vehicle meet a list of conditions.
- Ultimately, people should choose a used EV based on their personal circumstances and preferences.
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Insideevs
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Image Credit: Insideevs
Xiaomi SU7 Reviewed: Yes, China's Apple Car Is That Good
- The Xiaomi SU7 has gained significant popularity in China, with about 100,000 people pre-ordering the electric vehicle within 24 hours of its debut.
- China's EV industry has excelled due to government subsidies, a focus on battery technology, and intense competition within the country.
- The Xiaomi SU7 has been compared to China's Apple Car, offering advanced software integration and a budget Porsche Taycan-like design.
- With powerful performance, impressive range, and seamless integration with Xiaomi smart devices, the SU7 poses a significant challenge to foreign competitors.
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Teslarati
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Image Credit: Teslarati
Tesla AI efforts could provide boost to Dell’s business: Evercore ISI
- Investment research firm Evercore ISI raised its price target for Dell stock from $140 per share to $165 per share.
- Dell might have secured a significant portion of Tesla’s upcoming AI server buildout, a deal that could potentially be worth billions.
- Potential Tesla deal could add to Dell’s AI backlog, estimated at around $2.9 billion.
- Dell has positioned itself to aggressively take share of the tier 2 cloud service provider, sovereign, and enterprise markets for AI infrastructure.
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Tech Story
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Tesla Stays Silent on India Entry Despite Favorable Policy, Official Says
- Tesla remains silent on its entry into India despite a favorable electric vehicle (EV) policy.
- The Indian government introduced a revised EV policy to attract Tesla and other global players.
- Elon Musk's planned visit to India was expected to bring clarity on Tesla's Indian market plans but got postponed.
- Challenges faced by Tesla in the Indian market include nascent charging infrastructure and high import duties.
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Insider
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Image Credit: Insider
Chinese drivers are demanding smart cars — and that's what they're getting
- Chinese EV makers are adding high-tech features to their vehicles to meet the demand for intelligent cars from Chinese customers.
- Chinese customers expect EVs to have autonomous driving capabilities, smartphone integration, and multiple screens.
- Many Chinese automakers are incorporating unique features to stand out in the competitive EV market, such as cars that can shake off snow or transform into living rooms.
- The demand for high-tech EVs in China has led both EV makers and tech firms to compete in the booming electric car market.
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Cartoq
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Brave Porsche Supercar Driver Vs Flooded Road: Will He Make It? [Video]
- A video of a Porsche Taycan electric sedan driving through a flooded road in Dubai has been shared online.
- The video shows the Porsche Taycan floating and driving with all four wheels in motion.
- Driving an electric vehicle on a flooded road is not recommended as water can damage the sensitive electrical components.
- The Porsche Taycan is an all-electric sedan available in multiple variants and was launched in India in 2022.
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