CESL Issue Tender for Appointment of Service Provider for Deployment of 2000 nos. of Electric Vehicles on a PAN-India basis For more information please see below link:
SMEV seeks Rs 3k cr rehabilitation fund to revive ops of electric two-wheeler makers – EQ Mag
New Delhi : Society of Manufacturers of Electric Vehicles (SMEV) has asked the government to create a Rs 3,000 crore fund to revive and sustain operations of OEMs which have been badly affected by the recent FAME subsidy blocks. In a letter to the Finance Minister, the industy body has noted that the total amount […]
How data is fueling the growth for Electric Vehicles in India – EQ Mag
EV is the new sunrise sector and to fuel its growth, the sector is being propelled by the ever-burgeoning data industry The Indian Electric Vehicle (EV) industry is the newest sunrise sector in the country due to its rising appeal as an alternative to internal combustion vehicles. This rise in popularity is helping as government […]
Limitations of electric vehicles: Addressing challenges for widespread adoption – EQ Mag
The world is witnessing a significant shift towards electric vehicles (EVs) as a cleaner and more sustainable alternative to traditional internal combustion engine (ICE) vehicles. While the advantages of EVs are widely recognized, it is essential to acknowledge the limitations and challenges that hinder their widespread adoption. This essay aims to explore the key limitations […]
Tata Motors: Electric vehicles profitability to improve – EQ Mag
With chip supplies improving, JLR is aiming to cross 400k wholesales ex-CJLR in FY24, which implies a quarterly run rate of 90k plus units to sustain ahead. Tata Motors (TTMT) had a strong performance across key verticals in Q4FY23. Their commercial vehicles (CV) EBITDAM (earnings before interest, taxes, depreciation, amortisation, and exceptional items as a […]
Electric vehicles: an analysis of adoption and the future of oil demand – EQ Mag
The rapid growth of electric vehicles (EVs) will potentially disrupt the traditional oil market. The data presented indicates a significant decline in oil demand as more countries and consumers embrace EVs. There is a need for policymakers and oil-industry stakeholders to adapt to this transformative shift and explore new opportunities in the evolving energy landscape. […]
Hyundai to invest Rs. 20,000 crore on electric vehicles in Tamil Nadu – EQ Mag
To install 100 EV charging stations Plans to expand total production volume to up to 8,50,000 units Hyundai Motor India Limited (HMIL) announced an investment of Rs. 20,000 crore over the next 10 years in Tamil Nadu for its electric vehicles program and modernisation of its vehicle platform. In alignment with this objective, the brand […]
Electric vehicles to displace over 5 million bpd of oil demand a day by 2030: IEA – EQ Mag
Electric vehicles (EVs) are set to displace over 5 million barrels of oil demand per day based on current policy settings, according to the International Energy Agency (IEA). The IEA, in its recent report titled ‘Global EV Outlook 2023’, claims that at the global level, oil displacement by EVs reaches 1.8 million barrels per day […]
Electric vehicles are key battleground at Shanghai Auto Show – EQ Mag
China was the road to the future for foreign brands at the Shanghai Auto Show on Tuesday, who are racing to catch up with Chinese competitors in the crucial electric vehicle market. China was the road to the future for foreign brands at the Shanghai Auto Show on Tuesday, who are racing to catch up […]
Only Rs 180 crore earmarked for electric vehicles’ chargers under FAME-II scheme – EQ Mag
Even as the government is keen to increase the footprint of electric vehicles across the country, out of `5,171.97 crore allocation made for the Centre’s pet Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme for its second phase, only `180 crore has been earmarked for chargers in the Union budget for 2023-24. Around `3,000 […]
