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Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval

Elon Musk’s $1 trillion Tesla pay plan wins shareholder approval

by AIP Online Bureau | Nov 7, 2025 | International News, Technology, Wealth Management/ Philanthropy

Tesla CEO Elon Musk made a string of promises on stage – from, in April, beginning production of the Cybercab, its 2-seater steering-less robotaxi, to unveiling its next-generation Roadster electric sports car SAN FRANCISCO: Tesla CEO Elon Musk won shareholder...
Govt releases guidelines for setting up EV charging stations under PM E-DRIVE

Govt releases guidelines for setting up EV charging stations under PM E-DRIVE

by AIP Online Bureau | Sep 28, 2025 | Indian News, Policy, Technology

Government premises such as offices, residential complexes, hospitals, and educational institutions will receive 100 per cent subsidy on both upstream infrastructure and EV charging equipment, provided the chargers offer free public access New Delhi: The Centre has...
China’s EV boom saddles its auto insurers with large losses

China’s EV boom saddles its auto insurers with large losses

by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

Despite EV drivers paying anywhere from 20% higher to double the premiums for traditional cars, China’s auto insurers have been nursing losses from covering new energy vehicles for at least three years. The industry lost 5.7 billion yuan ($802 million) from...
EV manufacturers could lose edge if GST slashed on ICE vehicles: HSBC Report

EV manufacturers could lose edge if GST slashed on ICE vehicles: HSBC Report

by AIP Online Bureau | Aug 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology

HSBC outlines three possible scenarios. In the first, GST on small cars could be reduced from 28 per cent to 18 per cent, while larger cars may be moved to a new special rate of 40 per cent with the removal of the cess. This would lead to price cuts of around 8 per...
EV sales jump 93% in July, domestic automobile retail sales declined 4.31%

EV sales jump 93% in July, domestic automobile retail sales declined 4.31%

by AIP Online Bureau | Aug 8, 2025 | Data, Eco/Invest/Demography, Technology

“This momentum signals that India’s EV transition is steadily moving beyond early adopters into mainstream consumer and fleet markets,” FADA President CS Vigneshwar stated New Delhi: Electric passenger vehicle retail sales jumped 93 per cent...
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