Homegrown Automaker Tata Motors recently revealed the much-anticipated production version of the Tata Curvv coupe SUV. The coupe was first showcased in April 2022 as an all-electric concept and then in its ICE form later in January 2023. The company will first launch the all-electric Curvv on August 7, 2023, and the petrol and diesel … Read more
Ford CEO Jim Farley wants the industry to stop viewing hybrid vehicles as only an interim solution to be used until drivers are comfortable going fully electric. “We should stop talking about it as transitional technology,” Farley said of hybrids at a Bernstein analyst conference on Thursday. Plug-in hybrids, which include a small battery that … Read more
OAKLAND — PG&E customers face the ominous prospect of a fresh round of increases in monthly bills — yet again — in a case tied to the utility titan’s efforts to connect new homes and businesses to the electricity grid. The proposal sets up a tug-of-war over how much of a burden ratepayers should bear … Read more
Tata Motors, India’s largest automaker by revenue, trumped Street expectations with amore than threefold surge in net profit in the March quarter propelled by strong performances across its three business verticals. The parent of British luxury carmaker Jaguar Land Rover Automotive Plc reported a net profit of Rs 17,528 crore in the three months ended … Read more
SAN JOSE — PG&E is pushing forward with quests to help bolster Silicon Valley’s economy and innovation future, including major South Bay and East Bay electricity projects, utility officials said Wednesday. Executives with PG&E appeared at a power breakfast in downtown San Jose that was sponsored by law firm Hoge Fenton, using the occasion to … Read more
OAKLAND — PG&E is ranked nearly at the bottom of a list of dozens of big utilities nationwide in terms of customer satisfaction, although the embattled power company’s rank is improving, a new survey shows. The unsettling results, released Tuesday, were contained in the latest energy utilities study produced by the American Consumer Satisfaction Index. … Read more
Inflation eased a bit in the Bay Area in February, offering a ray of hope for consumers who have been battered by fast-rising prices — but the cost of electricity provided by utilities such as PG&E zoomed higher. Consumer prices rose 2.4% in the Bay Area last month compared to February 2023, the U.S. Bureau … Read more
OAKLAND — PG&E has won approval for an interim rate plan that will shove monthly utility bills higher — yet again — starting in April, a decision that a consumer group calls a “rubber stamp” of the company’s latest request. Monthly bills for PG&E customers are slated to rise by $4.68 a month for customers … Read more
OAKLAND — PG&E’s profits hopped higher in 2023, buoyed by electricity and natural gas revenues that surged last year, in a report that also predicted the utility titan’s investors can anticipate even better earnings this year. The power company behemoth earned $2.24 billion in 2023, an increase of 24.6% in profits compared with 2022, PG&E … Read more
OAKLAND — Multiple efforts are underway on both sides of California’s political divide to short-circuit a legislative plan to impose fixed fees — based on your income — on customers of PG&E and other utility leviathans. Both Democrats and Republicans in the state Legislature have crafted separate measures designed to squash a plan to implement … Read more