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South Korea fines Tesla $2.2 mln for exaggerating driving range of EVs

South Korea fines Tesla $2.2 mln for exaggerating driving range of EVs

by AIP Online Bureau | Jan 4, 2023 | International News, Non-Life, Regulation

The Korea Fair Trade Commission (KFTC) said that Tesla had exaggerated the “driving ranges of its cars on a single charge, their fuel cost-effectiveness compared to gasoline vehicles as well as the performance of its Superchargers” on its official local...

Elon Musk trial opens to decide fate of his $56 bln Tesla pay

by AIP Online Bureau | Nov 14, 2022 | Facts

A Tesla shareholder hopes to prove during the five-day trial that Musk used his dominance over the electric vehicle maker’s board to dictate terms of the 2018 package, which did not even require him to work at Tesla full-time A trial opened on Monday over...

Tesla changes insurance incentive scheme in China to urge purchases

by AIP Online Bureau | Nov 8, 2022 | International News, Non-Life

Tesla delivered 71,704 China-made electric vehicles (EVs) in October, down 14% from a record high in September, according to the China Passenger Car Association last week Tesla Inc. said it has raised insurance incentives for car orders in China placed before Nov. 30,...
Global EV shipments up 79% YoY in Q1, Tesla leads: Report

Global EV shipments up 79% YoY in Q1, Tesla leads: Report

by AIP Online Bureau | Jul 9, 2022 | Eco/Invest/Demography, International News, Technology

“With EVs comprising just 12 per cent of the total passenger vehicle shipments during the first quarter of 2022, there is a lot of scope for expansion. Fresh players are entering the market to benefit from the opportunity,” Senior Research Analyst Soumen...
Global EV shipments up 79% YoY in Q1, Tesla leads: Report

German road traffic agency asks Tesla to recall 59,000 units globally

by AIP Online Bureau | Jul 4, 2022 | International News, Risk Management, Technology

The U.S. National Highway Traffic Safety Administration (NHTSA) early in June upgraded its probe into 830,000 Tesla vehicles with the advanced driver assistance system Autopilot, a required step before it could seek a recall Germany’s road traffic agency said it...
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