Trials in Germany and the US could reduce the size of batteries needed and end drivers’ ‘range anxiety’ An hour’s drive south of Stuttgart lies a modest stretch of road that may represent the future of electric vehicle charging. This kilometre-long strip in the German town of Balingen will, later this year, host the world’s […]
No proposal to advise banks to provide cheap loans for electric vehicle purchase: Gadkari – EQ Mag
New Delhi [India] : There is no proposal under consideration in the Ministry of Road Transport and Highways to advise banks to provide cheap loans for the purchase of clean energy vehicles, Union minister Nitin Gadkari informed parliament in a written answer earlier this week. In response to a query on whether his Ministry proposes […]
Soon, Electric Vehicle Makers Will Not Need Subsidy, Says Nitin Gadkari – EQ Mag
There will be a huge number of electric vehicle makers in India that the price of lithium ion batteries will come down and the industry will not need any subsidy, said Nitin Gadkari, Minister of Road Transport & Highways in an interview with CNBC-TV18’s Shereen Bhan a day after the Budget 2023 was unveiled. Gadkari […]
Electric vehicle registrations see a big jump in Karnataka – EQ Mag
BENGALURU: The state has seen a nearly 1,500% increase in e-vehicle registrations in three years, as per statistics from the ministry of road transport and highways (MoRTH). While 6,150 EVs were registered in 2019, the number hit 95,856 in 2022. Last year, monthly registrations of EVs crossed 10,000 in October (10,787) and November (10,960). There […]
Electric vehicle sales on track to cross 1-million milestone this year – EQ Mag
Manufacturers like Tata Motors, Ola Electric, and Ather Energy are the main gainers from the rising adoption of EVs The electric vehicle (EV) industry in India is on track to cross the 1 million milestone this year. The retail sales of EVs accounted for nearly 4.7 per cent of the total automobile sales in the […]
Electric Vehicle: 2023 tax credits for EVs will boost their appeal – EQ Mag
Many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and […]
EV Insurance: Tips to comprehensively insure your electric vehicle in the coming new year – EQ Mag
Insurance for Eelectric Vehicles (EVs): Electric vehicles are advanced pieces of machinery that need protection exceeding third-party liability insurance. Thus, a comprehensive insurance plan is more fitting as it completely shields the insured vehicle from various risks, particularly beyond damages and losses caused due to incidents other than a collision. Insurance for Electric Vehicles in […]
How we commute is shifting and electric vehicle is the way for sure – EQ Mag
During this year, there have been about 10 EV rollouts, couple of them facelifts, mostly in luxury and premium segments of market A couple of days ago, a new company called PMV Electric based in Mumbai unveiled an electric microcar, the EaS-E (Ecofriendly And Sustainable-Electric). The car is a tandem two-seater and can in addition […]
Electric vehicle makers burning cash, slammed by sky-high costs – EQ Mag
Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly reports from electric vehicle (EV) makers from the past two weeks show them struggling to hit delivery targets and rapidly […]
Electric vehicle makers burning cash, slammed by sky-high costs – EQ Mag Pro
Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly reports from electric vehicle (EV) makers from the past two weeks show them struggling to hit delivery targets and rapidly […]