Business Today

AN ELECTRIC DRIVE

On October 2, Elon Musk, the high-profile Chief Executive of Tesla, the world’s most valuable automobile company, created a flutter in India when he hinted the company could be on its way to the country next year.

“Next year for sure,” Musk tweeted in response to a query by a Twitter account, Tesla Club India, on the longa-nticipated entry in the Indian market. The Twitter account was started in March 2019 by electric vehicle (EV) enthusiasts Nikhil Chaudhary and Arun Bhat S. and has over 4,400 followers till date.

Barely a week later, Mercedes Benz, India’s largest luxury car maker, launched EQC, the country’s first luxury EV. Given that electric mobility in India is still at a nascent stage, and issues such as high cost, lack of charging infrastructure and range anxiety — due to which Maruti Suzuki and other mass market companies are yet to launch EVs — the move may seem a bit

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today4 min read
Watch that Wrist
Bulgari has once again set the world record for creating the thinnest watch on the planet with the Octo Finissimo Ultra COSC, which is 1.70 mm thick, even thinner than the 1.80 mm it had achieved in 2022. The new watch, limited to only 20 pieces, als
Business Today11 min read
The Dark Side Of Gold Loans
THE RBI ASKED the company to immediately stop its gold loan operations, which accounts for a third of its business. The reason: the regulator found some major lapses in how the company handled the loans. When the regulator looked into the company’s f
Business Today3 min read
EXPORT AWARDS CELEBRATE BRIGHTEST STARS IN GEM & JEWELLERY TRADE
A recent testament to this enduring legacy was the 50th India Gem and Jewellery Awards (IGJA), a glittering ceremony organized by the Gem & Jewellery Export Promotion Council (GJEPC). The IGJA recognizes and celebrates the outstanding achievements of

Related Books & Audiobooks