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Budget 2019 Focus on Electric Mobility, Vehicles

The thrust on digital payments will further accelerate the nation towards a transparent and cashless economy

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electric vehicles, budget 2019
The government's focus on electric mobility and electric vehicles (EV) in the Budget 2019 is inspiring. Pixabay

The government’s focus on electric mobility and electric vehicles (EV) in the Budget 2019 is inspiring. Lower GST rate, interest subvention for EV loans and the commitment of Rs 10,000 crore towards FAME 2 are encouraging.

This further reinforces Ola’s mission to build electric mobility for India and the world and contribute toward making our nation, the global hub for innovation in this space.

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The various start-up-friendly initiatives announced as part of the Budget are important for this fast growing ecosystem and will encourage India’s youth to create value, wealth and livelihood opportunities for millions. The thrust on digital payments will further accelerate the nation towards a transparent and cashless economy. (IANS)

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Electric Vehicle Maker Tesla may Deliver 100,000 Vehicles this Quarter

Earlier, Musk had said that Tesla was reserving the “Plaid mode”, which is a reference to Spaceballs like Tesla’s other performance modes, for the next-generation Roadster

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Visitors inspect Tesla electric cars at Brussels Motor Show, Belgium, Jan. 18, 2019. VOA

Multi-billionaire tech mogul Elon Musk said that Tesla has a chance to deliver at least 100,000 vehicles this quarter.

During the last quarter the company managed to deliver 95,200 vehicles to customers across the globe, which broke a record the company set in the fourth quarter of last year.

In an email sent to employees Musk said that the new record is within reach, Electrek reported on Thursday.

“We have a shot at achieving our first 100,000 vehicle delivery quarter, which is an incredibly exciting milestone for our company!” Musk said.

Tesla CEO Elon musk, board
Tesla CEO Elon Musk. (VOA)

To attain this goal the automaker is focusing on getting as many vehicle’s into the hands of potential owners over the next five days.

“The challenge is making sure that we have the right car variants in the right locations and rallying as much of our company resources as possible to help with end of quarter deliveries,” Musk added.

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In addition, Tesla has recently released a video showing a Model S with a ‘Plaid Powertrain’ and a new ‘chassis prototype’ that its CEO Elon Musk reportedly said can go faster than the “ludicrous” speed the company’s vehicles currently achieve.

Earlier, Musk had said that Tesla was reserving the “Plaid mode”, which is a reference to Spaceballs like Tesla’s other performance modes, for the next-generation Roadster. (IANS)

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