The CT-2, which is already approved for use in the European Union and Britain, has a range of 180 kilometers (112 miles) and is 1 meter (3.28 ft) wide in "city mode."
India, one of the world's fastest growing oil markets, has lagged major economic peers in Europe and Asia in the adoption of EVs but sales are now picking up and investment in the production of new autos and energy infrastructure is accelerating.
Deep price cuts this month have positioned Tesla as the initiator of a price war, but its forecast of a 37% rise in car volume for the year, to 1.8 million vehicles, was down from 2022's pace.
Tesla has come under fire from German union IG Metall and politicians over allegations by workers of unreasonable working hours and fears over speaking out at its Brandenburg plant.
TVS Motor reported a bigger-than-expected rise in third-quarter profit.
The U.S. securities regulator is investigating Elon Musk's role in shaping EV maker Tesla's self-driving claims.
Tata Motors said it would hike prices of its passenger vehicles by 1.2%, citing a rise in overall input costs.
Among the challenges the country's industry faces are weaker-than-expected electric vehicle (EV) sales, an ageing car fleet, and a still-lacking charging infrastructure for EVs.
Tesla's move to slash prices globally on its EVs could draw new buyers but also force other automakers to respond with lower prices or risk getting left behind.
Profit for Maruti, which has over 40% market share in the country's passenger vehicles segment, more than doubled to 23.51 billion rupees
Maharashtra has entered a $2.5 billion (Rs. 20,000 Cr.) partnership with Gogoro Inc. and Belrise Industries Ltd. to build EV battery-swapping and charging stations in the state.
Wolfspeed is reportedly planning to build a chip factory in Germany for more than 2 billion euros ($2.17 billion).
Chinese EV giant BYD is embarking on a rapid global expansion to challenge Tesla, but for now it's stuck in the slow lane on its rival's home turf.
Taiwan fined Foxconn T$10 million ($329,088) for making an unauthorised investment in a Chinese chip firm.
Tesla earns more money for every vehicle it sells than any of its global rivals.
A price war in electric vehicles started by Tesla has made it much more difficult for U.S. startups like Rivian and Lucid to grab share in an industry competing for shrinking consumer wallets.
Major unions and public interest and environmental groups are urging President Joe Biden to reject efforts by the European Union and other foreign governments to revise U.S. electric vehicle tax incentives.
General Motors Co and LG Energy Solution have dropped the plans for a fourth battery call manufacturing plant in the U.S.
GM and the factory workers - who allege illegal termination after the company decided to exit - have been locked in legal battles since 2021.
The Maharashtra government has partnered with Taiwan's Gogoro Inc and Indian firm Belrise Industries Ltd to build electric vehicle (EV) battery-swapping and charging stations in the state.
