Ad Here  
Five star activism stalls development activity When online building permits work…. Solar, solar everywhere … Quality education through the PPP mode China invests in India S V Raju – a ‘good’ true liberal The Gulf aviation boom A yen for wastage… Small units prefers to remain small... GM Technology at last! For whom the bell tolls? Delhi is distant Making ‘my Amaravati’... PC’s preference for professionals Alexa – Talking Wikipedia Computation of GDP – conundrums continue Permanent secretariat for TN GIM Mersal magnified Quality silica from Neyveli Godspeed, Chief Minister JJ Mu Sigma – is no more Which side are you, Montek? Welcome thrust on trade in Modi’s foreign visits... Should we change the official year? Fortune 500 review L&T- the specialty of special purpose vehicles Preserving for the future The Ports’ Pasha expands into Tamil Nadu EEC at the National Media Centre A rich pool of talent not utilised…. Contrarian cousins PPP mode for upgrading Corporation Hospitals Multi-faceted Venkat Land reclamation from sea appears cheaper! An enemy’s enemy is a friend Put expensive assets created to use... The Swadeshi Trump Lesson from Chandrababu Naidu Liberal imports idling indigenous capacities There was flood of milk. Reason: no milk commissioner! Delhi returns to BJP Moily’s bold thrust Poor quality of university VCs CIPET hqrs to stay at Guindy – for the present? TN-leverage strength of BHEL, NLC... The star of Spencers is no more Editor's Notes Towards speedy justice Inflation: are we emulating Argentina and Brazil? Road development slows down The sea- saw battle continues... More Shakti to resource mobilisation... The Jan Dhan bonanza Things happen by accident and not by design... Streamlining mandatory third party cover B H Kothari - a tribute Why this malaise in medical education? Auto components surge… When TN politicians can emulate Kerala's Gas is the way forward Wise Presidents Telangana in top gear… R Sridhar steps down as CEO of Shriram Capital Boy, can you beat these? Sweet news for TN sugar mills Tough task taking states together Welcome changes that testify to Jayalalithaa’s return to health London, London Narayan Maximising the micro pricing … Protest masters... IAS invades NDDB... Welcome GST Gay abandon in pricing New IT products of Ramco in the pipeline… All eyes on Sankara Nethralaya EVM is tamper-proof Haul over the coal Secularism and anti-Hinduism Padma Bhushan for A Ramakrishna Recognition to role of NBFCs.... Tribute – M V Murugappan Make standards certification mandatory... S Ramanathan – a versatile musician, musicologist A welcome initiative by the judiciary Convulsions in The Hindu Waning interest in public discussions… A glass full of corruption Pharma – overdose of copying Valli, they are more marginalised He continues the focus on social amelioration Cutting the nose to spite the face IPL type auction for VCs? SoA @ 80 Welcome focus on core competence TN accounts for the largest recruits by the IT sector Eternal support for capitalisation of PS banks The few handicaps... L&T: focus on infrastructure and more infrastructure… Kinetic Karnataka Varuna (rain) in 2015; Vaayu (air) in 2016. Chennai devastated Tribute – UCAL Selvan… An inexplicable neglect Shale gas and its shallow future The rise and fall of Annamalai University Robber barons everywhere Build close rapport with business leaders Music happens Measuring roof tops in terms of KW/MW A friendly business group Like Hinduism: many paths to reach God... When nations steal growth from one another… Building loyalty through the stomach A proud Madrasi Modi storms Silicon Valley Infrastructure funding – lessons learnt More heat than light Come elections, come advertisements... MHC should not return to its old indisciplined ways A Grand Finale for SN’s MS centenary at the US… Solar thermal shines… Bihar elections - the Rajaji formula worked WTO Meet: resolved to meet again Delhi is distant… Colour-Chem’s colourful KRVS Why land prices zoom in TN? A more liberated TN… Muffled voices for merit… Polls and promises Lalu’s envy, India’s pride Adapt Vajpayee dinner diplomacy He saved millions from starvation... Breaththrough in malaria control Rahman at CIC Odisha: spectacular win by Naveen Patnaik Revving up the manufacturing sector Dr C Rangarajan returns to Chennai Scientists urged to take up farmer-oriented research Sweeter prospects for sugar CII projects higher growth… Increasing non co-operation of state leaders Fuel for thought For whom the MIDS bell tolls? The rise and rise of KCP CSR and CMI: promise of another Srinivasan Ramanujan... Funding the un-funded Fortune for Indian Airlines Insurance companies bleeding, yet no decision on increasing FDI limit! Discoms deserve better… This scant respect for Law More tributes to GR Cement prices continue to rise… IPL - no surprise this scam Editor's Says Tatas moving out of urea production... Tribute Return to king coal for urea... to the lack of interest on the part of these to focus on original research. This despite the much lower costs of such research in India. The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines Kudos to NDTV... Tribute – Manikam Ramaswami No engine for this car Kulandai was a giant When small is no larger beautiful.. Airlines in India: cost and space Remembering Indira Sivasailam... Modi and the lady When Ratan Tata visited SRM Silver Years of Madras Musings More Shakthi to Das’ elbow No mega rail project for Tamil Nadu Excel Generators provide the vital back-up TN – agglomerate land holdings without alienating ownership …and of a popular trade leader Another Indian music maestro at the UN Banning booze... Fall in crude prices help in oil sector reform Russi Mody – a tribute Whistle-Stop Tour of Raghuram Rajan The brown list of Venkitaramanan Adharma of opposition politics Where a state respects its litterateurs… Diamond jubilee of Egmore Samskrt School Rs.1600 crore paper board plant of TNPL Not just in-laws (and outlaws); they’ve renowned academics at the helm! Reliance’s TV – 18 ready to launch Tamil News Channel Parliament in paralysis... Focus on quality of power - its only around 170-180V TIAM turns a full cycle Tax agriculture Don’t seem to feel the pulse… Nuclear power at the nucleus Align crops to agro climate endowments… The ‘Ayyo-yes’ is no more Poor representation for Kerala and TN in Cabinet Shaming of Tamils by Tamil farmers at Delhi Bihar – Nitish Kumar adopts the Lalu model A professional at the helm of IRDA... A Grand Finale for SN’s MS centenary at the US… CRS, a jewel among managers, is no more. The balancing act Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Engineering seats go abegging Roaring Ro-Ro facility The nuclear option Intellectual of rare qualities The power-full Hindujas F C Kohli - his concerns all embracing An informal presentation - analytical, forward locking... Revive development banks... Tihar, Puzhal not different from Parappana Agrahara Where is Rajaji? A C Muthiah – his munificent bequeaths to science A think tank for Chennai Sri Lanka votes for change Paytm karo... Naidu’s return augurs well for Seemandhra The why of tax incentives ONGC at KG Basin Noble nonagenarians... When the President was rendered homeless… How Air-India loses customs... Limit foreign borrowings to hi-tech, export potential projects... Wanted: a second airport for Chennai Of course, Gujarat is vibrant Marketing expert Balagopal is no more Shipping woes of Chennai companies Plummeting profits of PSBs Tatas moving out of urea production... Readers' Mail Strengthen the base... Delhi Chalo... Online not in line with brick and mortar businesses... Cleaning Ganga – relocate tanneries and install electric crematoria TGS- The king storyteller Demise of a media baron... Naidu will soon build a new Hyderabad No Maha Koottani in TN... The ‘Jayanthi Tax.’ Shanti and Sadhana through Music Vibrant Gujarat West Bengal: mindless malignancy GNS - 100: our first subscriber Air Asia India will set new benchmarks for budget travel TELANGANA at last…BUT Medical costs hit the roof...
No engine for this car

Another wonder product is the fully electric Tesla car. While not the first fully electric car by any stretch, this technology wonder has captured people’s imagination and interest in electric vehicles in a way no others have.

There is no engine beneath the bonnet in this fully computerised car powered by re-chargeable batteries.  The company has taken enormous care in setting up quick recharge centres across the country and building these into the price of the car. The distance covered in one charge is up to 300 miles (480 km) for its higher end car model. The base models are priced around $ 66,000 and the fully loaded ones easily cross $110,000. The company has constantly been refining the technology. Since software and technology are more prevalent than in traditional cars, car ‘upgrades’ are done through the Internet.  For example, if you didn’t have an auto-park feature before and would like to ‘order’ one now, you can put in a request, pay the fee and the new capability is downloaded to the Tesla. No need to wheel the car to a dealer! There is even an ‘autopilot’ feature that has the car driving on its own by using several sensors and cameras to determine road markings, the proximity of other vehicles and people. Oops.  

Tesla has been in the news a lot more recently for building the largest automotive battery plant in the world (called the Giga Factory) which will help it ramp up production to meet the demand from over 400,000 people who have put down deposits for this car.

While initial Tesla models – pricewise – aimed at both the environmentally conscious and luxury appeal market, the focus on the newer/cheaper model will indeed bring it to a mainstream level. The challenge for Tesla is that it has indeed created the interest and the demand but is struggling with the supply and meeting expectations portion.

Reva Motors made a beginning in electric cars several years ago. Mahindra & Mahindra acquired the company. Other large global manufacturers, including General Motors and Toyota, have also been working on electric vehicles. It would require extensive research and development efforts to perfect the battery technology that will lend for easy recharging and large funds to invest in producing batteries to  volumes.

My ride in the Tesla was smooth, exciting and cozy. I still wonder at the large boot space available both at the front and the rear!


Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236