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Tesla Roadster: The risk well played

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Electric Car

The Tesla Roadster is a battery electric vehicle (BEV) sports car that was produced by the electric car firm Tesla Motors in California from 2008 to 2012. The Roadster was the first highway legal serial production all-electric car to use lithium-ion battery cells and the first production all-electric car to travel more than 200 miles (320 km) per charge. A replacement for the Roadster is expected for 2019.It was also known as Dark Star. Undoubtedly it had marked the beginning of the era of battery operated vehicles, a very important and tactful initiative by the manufacturers.

Tesla sold about 2,450 Roadsters in over 30 countries, and most of the last Roadsters were sold in Europe and Asia during the fourth quarter of 2012.Tesla produced right-hand-drive Roadsters from early 2010.The Roadster qualified for government incentives in several nations. The trails the vehicles passed not only cleared their way but also flashed light towards the sustainable development. Once the vehicle burst out into life it then crossed every road in its way very comfortably.

The world distance record of 311 mi (501 km) for a production electric car on a single charge was set by a Roadster on October 27, 2009, during the Global Green Challenge in outback Australia, in which it averaged a speed of 25 mph. In March 2010, a Tesla Roadster became the first electric vehicle to win the Monte Carlo Alternative Energy Rally and the first to win any Federation Internationale de l’Automobile-sanctioned championship when a Roadster driven by former Formula One driver Érik Comas beat 96 competitors for range, efficiency, and performance in the three-day, nearly 620-mile (1,000 km) challenge.

According to the U.S. EPA, the Roadster could travel 244 miles (393 km) on a single charge of its lithium-ion battery pack and can accelerate from 0 to 60 mph (0 to 97 km/h) in 3.7 or 3.9 seconds depending on the model. The Roadster’s efficiency, as of September 2008, was reported as 120 MPGe.It used 135 Wh/km battery-to-wheel and has an efficiency of 88% on average.

Source: Google Images

The evolution of this revolutionary man made entity began when Martin Eberhard sold NuvoMedia to TV Guide, and he wanted a sports car with high mileage, but could not find one. His battery experience with the Rocket eBook inspired him to develop an electric car. The production idea was conceived by Eberhard and Marc Tarpenning who incorporated Tesla Motors in Delaware on July 1, 2003, to pursue the idea commercially. South African-born entrepreneur Elon Musk took an active role within the company starting in 2004, including investing US$7.5 million, overseeing Roadster product design from the beginning, and greatly expanding Tesla’s long-term strategic sales goals by using the sports car to fund development of mainstream vehicles. Musk became Tesla’s Chairman of the Board in April 2004 and had helped recruit JB Straubel as chief technology officer in March 2004. Musk received the Global Green2006 product design award for the design of the Tesla Roadster, presented by Mikhail Gorbachev, and he received the 2007 Index Design award for the design of the Tesla Roadster.

Tesla cumulative production of the Roadster reached 1,000 cars in January 2010. The Roadster shared roughly 6 percent of its components with the Lotus Elise; shared components include the windshield, air bags, some tires, some dashboard parts, and suspension components. The Roadster’s single-speed gearbox was made in Detroit to Tesla’s specifications by Auburn Hills, Michigan-based supplier BorgWarner. Brakes and airbags were made by Siemens in Germany, and some crash testing was conducted at Siemens as well.

Source: VW

In 2007, the Roadster’s battery-to-wheel motor efficiency was reported as 88% to 90% on average and 80% at peak power. The vehicle was the seed of those innumerable attempts the manufacturers have made in the later years in the light of eco-friendly fuels and vehicles at large. It has hidden initiatives in the formation of those vehicles which are unlike humans doing their bit to conserve the environment and this is the need of the hour.

The risk the manufacturers took in monetary terms is the capital they invested for a better tomorrow. They had certainly brought things very clear to the people that the environment and its safety is the prime motive of the people. Hats off to such entrepreneurs who have brought such ideas in a format to the notice of the people.

Risks big or small are a part of the industry of vehicles and other things, no one can be certain that the vehicle launched will actually make its manufacturer proud. But still, such risks are a part and parcel of life and are also the mother of some great inventions and products that we use today.

An aspiring engineer with Confidence vibrating around her, her sense of responsibility and meticulous rendition of duties makes her dear to both teachers and her peers. A skilled orator her diligence and smartness is the very quintessence of her character. Reading her magical remedy and writing her necessary flow of expression. She enjoys art in all forms and is always inquisitive to explore more. Open to whatever new comes her way, she loves to learn.

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India

Ram Mandir Opening For “Darshan” In 2023

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Ram Mandir Opening 2023 | News Aur Chai

The Ram Mandir in Ayodhya is expected to allow visitors by December 2023, with the completion of construction only in 2025.

Sources in the Shri Ram Janmabhoomi Teerth Kshetra have revealed that the colossal project of building the Ram Mandir in Ayodhya, Uttar Pradesh, will be opening for devotees towards the end of 2023. In contrast, the project’s entire construction completion is expected towards the end of 2025. The sanctum sanctorum (Garbha Griha), along with the mandir’s first floor, will be ready by December 2023. Devotees will be allowed to visit the long-awaited mandir soon after the construction is completed.

An ANI report said, “The grand Ram Mandir being constructed in Ayodhya will be opened for devotees from December 2023. Sources told ANI that Garbhagriha, all five mandaps and the first floor will be ready by December 2023 and the mandir will be opened for devotees”.

The sanctum sanctorum will be as high as 161 feet and built using Rajasthani marble and stones. Engineers and architects are taking all measures to ensure the longevity of this enormous project. The second stage of construction is expected to begin in December this year. Currently, the structure is at a standstill as a result of monsoons. Another reason for the delay is the coronavirus pandemic that depleted the force with which the mandir’s construction was expected to go on.

The announcement of the mandir being opened to visitors in 2023 has brought up questions about the political agenda. It is believed that the Bharatiya Janata Party (BJP) aims to use the mandir to catapult themselves into a position of advantage during the 2024 Lok Sabha elections. Opening the mandir to devotees in December 2023 will give the BJP an easy 6-month gap to the general elections in 2024.

The opening of the long-awaited Ram Mandir in Ayodhya could be the factor that diverts the public, at least the Hindu’s in favour of BJP. Thus, securing them a vote bank based on religious sentiments upheld by the party in their previous tenure as the ruling party.

The Ram Janmabhoomi Mandir will be 360 feet long, 235 feet wide, and 20 feet high mandir will be completely ready by the end of 2025. The project will include amenities and structures like museums, archives, research centre, Sant Niwas, gau and Yagya shala, Etc. The main attraction is the Ram Mandir.

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Business

How SEBI’s New Margin Rule Is Affecting Retail Traders?

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SEBI Margin Rule | News Aur Chai

Securities and Exchange Board of India has introduced new margin rules for traders. Traders and Brokers are not happy with the new regulations because they will have to invest a large amount of cash in fulfilling margin requirements for trade.

SEBI had introduced the new margin rule in the year 2020 for intraday traders. It is being implemented in a phased manner. Traders were supposed to maintain 25 per cent of the peak margin in the first phase; the margin was raised by 50 per cent in the second phase. In the third phase, as per the new margin rule, intraday traders will have to pay a 100 per cent upfront margin. According to new norms, the margin requirements will be calculated four times during every trading session because the money margin must be greater than the need.

As per the new rule, brokers must collect margin from investors for any purchase or sale, and if they fail to do so, they will have to pay the penalty. Thus, brokers will not receive power of attorney. Brokers cannot use power of attorney for pledging anymore.

Those investors who want to make use of margin will have to create margin pledges separately. As per the new rule, investors will have to pay at least a 30 per cent margin upfront to avail a margin loan. Shares brought today cannot be sold tomorrow. Funds from shares sold today cannot be used for new trades on the same day.

The market experts said that there must be proper adjustments for implementing new rules, or it may create chaos, trouble and disturbance to the market participants. The CEO and founder of Zerodha broking firm, Nithin Kamath tweeted that, “the day when the new rules came into effect was the dreaded day for brokers, exchanges, intraday traders”.

Traders Are Not Happy:

Changes in rules have evoked strong reactions from traders because they will have to invest a large amount of cash in fulfilling margin requirements for trades as per new margin rules. Even the trading in futures and options will become more expensive. Traders are disappointed because they will have to pay up more money to bet in stock markets. As per new margin rules, Traders are also liable for the penalty if the rules are not followed during the trading session. If a trader wants to buy Nifty worth Rs 10 lakh, he will have to pay a 20 per cent margin of around 2 lakh. If the margin of the trader does not meet the need, he will be penalized. Traders will have to pay the minimum amount for opening the Multilateral Trading facility account, and they have to maintain a minor balance at all times.

Why Gas SEBI Introduced A New Margin Rule?

SEBI has introduced new rules to protect retail investors from purchasing difficulty. The intended goal of SEBI behind new margin rules is to bring down the difficult market situation and avoid huge fluctuation in stock markets during extreme stress. The new margin rules are likely to bring transparency to the market; it is expected to strengthen the market’s safety.

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World

Escalation Of COVID-19 Cases Across The Globe

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COVID Case Spike 2021 | News Aur Chai

The United States, India, and Brazil have the most confirmed cases, followed by France, Russia, the United Kingdom, and Turkey. There are very few locations that have remained undisturbed.

Since the middle of last year, confirmed cases have been increasing. Although the actual scope of the first outbreaks in 2020 is unknown because testing was not generally available at the time. The 100 million COVID-19 cases were discovered at the end of January, over a year after it was first diagnosed. As of 6:30 p.m. CEST on July 30, 2021, WHO has received reports of 196,553,009 confirmed cases of COVID-19, with 4,200,412 fatalities. A total of 3,839,816,037 vaccination doses has been delivered as of July 28, 2021.

After reaching a record high of over 0.9 million cases on April 28, 2021, new daily instances of the coronavirus continued to decline, reaching a low point on June 21, when over 0.3 million cases were reported. Since then yet, there has been a global increase in cases. On July 15, 0.53 million daily cases were reported, and over three million new cases were reported in the second week of the month. As of July 15, 188.9 million patients have been recorded worldwide. The transmissive Delta form accounting for most infections in 111 countries. Most instances were recorded in Brazil, India, Indonesia, the United Kingdom, and Colombia in the last week. With the steepest increases in Zimbabwe (72%), Indonesia (44%), the United States (38%), Bangladesh (35%), and the United Kingdom (30%). Many Asian nations, including Vietnam, Malaysia, South Korea, and Japan, have reported many daily cases. However, the spread was under control.

The number of new cases in Indonesia has been on the rise, with each day seeing a significant increase over the previous day. Indonesia is now the new Asian epicentre, with 56,757 cases recorded on July 15; India reported 39,000 patients on the same day. COVID-19 fatalities are high, according to WHO. After decreasing for nine weeks, with the highest increases in Africa and Southeast Asia. COVID-19 fatalities worldwide surpassed four million on July 7. The last million deaths occurred in under 90 days, the lowest time interval for every one million deaths ever recorded.

High vaccination coverage has been shown in the United States and much of Europe to lower fatalities and even hospitalizations. For example, United Kingdom rises in incidence. There has been fewer hospitalizations and deaths over 87% of the adult population, as they are vaccinated with one dose and over 67% with two doses. In the United States, the increase in cases is concentrated in states with low vaccination coverage, with unvaccinated people accounting for most deaths. Over 55% of Americans have received one dosage, and 48% are completely immunized. It shifts the focus back to improving vaccination coverage and achieving global vaccine equality to avoid fatalities and the spread of dangerous strains. Some nations debate a booster dosage. Even though many African countries’ healthcare professionals have not been completely vaccinated, booster injections have begun to be given to patients with weakened immune systems in Israel.

In comparison, booster shots have been ruled out in the United States for the time being. With vaccine shortages reported in many Indian states. Even among the vaccinated, rigorous adherence to COVID-appropriate behaviour is the only option to postpone and mitigate the consequences of a third wave.

This spring, India and Latin America have seen a significant drop in new cases in the hardest-hit areas of the world. But the global numbers continue to grow. The Delta variety leads them to well-vaccinated regions such as Western Europe and the United States, low but rising infections. This spring, India and Latin America have seen a significant drop in new cases in the hardest-hit areas of the world. Vaccine doses have been given to over 4 billion individuals globally (52 for every 100 people), yet the discrepancy is striking. More than 80% of the population had at least one shot in some wealthy nations. In contrast, the proportion is as low as 1% in many of the poorest.

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