Government setback to Chinese EV company BYD’s plan to set up factory in India 

[ad_1] BYD’s rival Tesla had started talks with the central government on an investment proposal to set up a factory in India. The annual capacity of the company’s factory will be around five lakh units. [ad_2]

Online Gaming Industry Could Get Some Relief On 28 Percent Tax, Government Indicates

[ad_1] Recently, the Goods and Services Tax (GST) Council had agreed to levy a GST of 28 per cent on the full value of online gaming, casino and horse racing. This was strongly opposed by the online gaming industry. This industry says that due to this heavy burden of tax, they will suffer a big … Read more

Elon Musk Going Overboard for Twitter, Should Focus on Tesla, Say Angry Tesla Investors

[ad_1] Competition is increasing for Tesla among the big electric vehicle (EV) companies. Tesla head Elon Musk has been focusing on ventures ranging from the microblogging site Twitter to space travel and artificial intelligence for the past several months. Tesla’s investors are angry with this and have advised Musk to focus on the EV company. … Read more

Tesla Makes First Cybertruck After Two-Year Delay, Elon Musk Is Elated

[ad_1] Tesla, one of the largest electric vehicle (EV) companies, has made its first electric pickup or cybertruck. There has been a delay of two years in this project of the company. Tesla said in April that it would roll out its first Cybertruck this year. The company had announced this Cybertruck about four years … Read more

Kia Completes Production of 10 Lakh Units in India, Launches New Cars, Hyundai, Price

[ad_1] Kia, one of the major companies in the automobile market, has produced one million cars in India in just four years. The company has also expanded its sales and service network. Kia aims to increase its market share to 10 percent by entering new segments. The company has a factory in Anantapur, Andhra Pradesh. … Read more

Tesla Preparing for Made in India Electric Cars, Rs 20 Lakh Would be Starting Price

[ad_1] American electric car maker Tesla has started talks with the central government on an investment proposal to set up a factory in India. The annual capacity of the company’s factory will be around five lakh units. The prices of the company’s India-made electric cars can start from Rs 20 lakh. a media Report Quoting … Read more