The move comes as New Delhi doubles down on PM Modi's "Make in India" campaign with Tesla only last year abandoning its India plans over tariffs

Chief executive Elon Musk said the EV-maker's 2023 deliveries could hit 2 million vehicles, so long as there were no external disruptions

The leading EV-maker has opened its first dealership in auto powerhouse Japan and aims to open 100 more by 2025

The Shenzhen-based automaker sold 1.86 million cars last year and is forecasting a net profit of up to $2.52 billion, five times its 2021 figure

Deal would see Renault cut its stake in Nissan to 15% and transfer its remaining 28% stake to a French trust. Renault would then order the trustee to sell those shares, currently worth $4.1 billion

The world's third largest carbon polluter projects it needs $10 trillion to $15 trillion in investment to achieve net-zero carbon emissions by 2070

Faster-than-anticipated popularity of electric vehicles means India’s fuel consumption could peak a decade sooner than forecast, analysts and industry participants say

The Japanese car and bike firm is bidding to catch up with US and European rivals and also get ahead of domestic competitors like Toyota and Mazda

IEA data highlights China's key role in making photovoltaic wafers, cells and modules for solar panels, plus blades, towers and nacelles (turbine units) for wind-power generation

Asked about rival companies in China, Musk said he respected Chinese carmakers and called it the most competitive market in the world

Koji Sato, 53, is set to become the CEO of the world's biggest carmaker, after Akio Toyoda steps down to become chairman of the group on April 1.

Representatives from Ford's German management are scheduled to visit China in the upcoming week to examine the possibility of selling the facility