Ford & SK Innovation are partnering to spend $11.4 bn on three electric car battery plants across US. But high returns that should come with high risks don’t seem immediately on offer.
In contrast to lithium-ion, sodium-ion batteries have a lower energy density, run better at cooler temperatures & have a greater life span, making them a better long-term investment.
Tesla has had its vehicles certified as being roadworthy in India and received approval to make or import four models to the country, a posting on the road ministry's website states.
India is the world’s largest two-wheeler market. Electric vehicle sales are low but have been climbing steadily as the government pushes for its adoption through subsidies.
The Ministry of Heavy Industries also asked Tesla for its thoughts on importing fully built cars versus partially built vehicles, which attract a lower import levy.
Lithium is the key metal in EV batteries. An aluminum-air battery could do better than lithium-ion ones as it's 'potentially cheaper, safer & EVs using it will have a longer range'.
The Hongguang Mini is the brainchild of SAIC-GM-Wuling Automobile Co., a joint venture between two Chinese state-backed automakers, and American automotive giant General Motors Co.
Our brand of socialism did not result in transfer of wealth from the rich to the poor but only from the honest rich to the dishonest rich, lawyer-jurist Nani A Palkhivala said in 1991.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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