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Musk to offer $100m prize for best carbon capture tech

NEW YORK: Tesla chief and billionaire entrepreneur Elon Musk took to Twitter to promise a $100 million prize for development of the “best” technology to capture carbon dioxide emissions. Capturing planet-warming emissions is becoming a critical part of many plans to keep climate change in check, but very little progress has been made on the technology to date, with efforts

Tesla plans to enter India, which is going to be far from easy

Tesla India: Long road for Tesla in India with infrastructure, supply chain woes

India s fledgling electric vehicle (EV) market accounted for only 5,000 out of a total 2.4 million cars sold in the country last year. A lack of local production of components and batteries, negligible charging infrastructure and the high cost of EVs mean there have been few takers in the price-conscious market.

Long road for Tesla in India with infrastructure, supply chain woes

Long road for Tesla in India with infrastructure, supply chain woes Long road for Tesla in India with infrastructure, supply chain woes India’s fledgling electric vehicle (EV) market accounted for only 5,000 out of a total of 2.4 million cars sold in the country last year. A lack of local production of components and batteries, negligible charging infrastructure and the high cost of EVs mean there have been few takers in the price-conscious market. advertisement UPDATED: January 22, 2021 17:58 IST It s difficult to see how Tesla s sought-after and expensive autonomous driving features will work on India s congested roads. (Photo: Reuters) Tesla Inc is gearing up for an India launch but the US electric carmaker is likely to remain a niche player for years, catering only to the rich and affluent in the world s second-most populous nation.

Tesla gears up for India debut, faces infrastructure, supply chain issues

Tesla gears up for India debut, faces infrastructure, supply chain issues The world s most valuable automobile manufacturer registered a local company in India earlier this month, a step towards its entry in the country, expected to be as early as mid-2021 Reuters | January 22, 2021 | Updated 19:32 IST Tesla CEO Elon Musk has himself expressed concern about India s high import taxes on cars Tesla Inc is gearing up for an India launch but the U.S. electric carmaker is likely to remain a niche player for years, catering only to the rich and affluent in the world s second-most populous nation. India s fledgling electric vehicle (EV) market accounted for only 5,000 out of a total 2.4 million cars sold in the country last year. A lack of local production of components and batteries, negligible charging infrastructure and the high cost of EVs mean there have been few takers in the price-conscious market.

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