COP26 may have been one of the last chances to head off devastating climate change, and yet, the best and boldest action our leaders could envision for transportation was the universal adoption of electric vehicles (EVs) with a vague nod to active and public transport. At the COP26 climate summit, world politicians patted themselves on […]
How much do electric vehicles cost to ‘fill up’ compared with buying gasoline? – EQ Mag Pro
Where you live is the biggest factor, and EV road trips could lead to sticker shock Auto makers plan to electrify their future lineups, upending the way drivers fuel. Congress just gave a jolt to those efforts, passing a $1 trillion infrastructure bill that includes billions for EV charging. What does it cost to “fill […]
Cost of electric vehicles will drop, will be on par with petrol in 2 yrs – EQ Mag Pro
This is significant because by 2030, India has set a target of 30% EV sales penetration for private cars, 70% for commercial vehicles, 40% for buses and 80% for two and three-wheelers. Union transport minister Nitin Gadkari said the cost of electric vehicles (EV) in India will drop to the level of petrol vehicles in […]
Odisha makes 100% exemption on taxes for electric vehicles – EQ Mag Pro
As per the policy, the state will provide a 15 per cent subsidy, a maximum of Rs 5,000 for two-wheelers, Rs 10,000 for three-wheelers, and Rs 50,000 for four-wheelers on the base price. The Odisha government has made a 100 per cent exemption on motor vehicle (MV) taxes and registration fees on electric vehicles in […]
Unlocking growth in battery cell manufacturing for electric vehicles – EQ Mag Pro
Demand for electric vehicles is soon expected to outpace the ramp-up of battery cell production. Accelerating the build-out of battery cell gigafactories can help the industry stay on course. As electric vehicle (EV)1 sales continue to gain market share, the demand for batteries is ramping up with 30 percent year-over-year growth around the world, reaching […]
Car rental firm Hertz orders 100,000 Model 3 electric vehicles from Tesla – EQ Mag Pro
Car rental company Hertz is ordering 100,000 electric vehicles from Tesla. Car rental company Hertz is ordering 100,000 electric vehicles from Tesla. The company says it’s buying the Tesla Model 3 small cars by the end of 2022, and it also will buy electric vehicle chargers. No price was given for the order, but it […]
TPG to invest $1 billion in Tata Motors subsidiary for electric vehicles
Tata Motors Limited, an Indian multinational automotive manufacturing company, is the world’s fifth largest truck manufacturer and fourth largest bus manufacturer. The company generates passenger cars, trucks, vans, luxury cars, construction equipment and what not! The company was formerly known as Tata Engineering and Locomotive Company (TELCO) and its subsidiaries include that of Tata Daewoo, […]
5 Upcoming Desi Electric Vehicles In India
The Electric Car market is increasing, and its normalization is not so far away. India has slowly started to accept the electric vehicle trend, and buyers are looking forward to all the savings these cars bring. Today, let’s look at five upcoming DESI Electric Vehicles! Made in India, Made for India. Tata has been quite […]
Apple iPhone maker Foxconn now wants to make electric vehicles
Taiwan’s Foxconn unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consumer electronics for Apple Inc and other tech firms. The vehicles – an SUV, a sedan and a bus – were made by Foxtron, a venture between Foxconn and Taiwanese car maker Yulon […]
Electric vehicles: The revolution is finally here – EQ Mag Pro
After years of talk from carmakers, the industry is rapidly being transformed as companies stake their future on EVs. At the start of the year, executives at electric carmaker Polestar drew up ambitious sales plans for the UK. Within weeks, they had to tear them up. Demand was rising so quickly that the new targets […]