Pollution levels in Indian cities have been rising, generating a slew of health issues for residents. The need for sustainability is at its peak. EVs provide a more environmentally friendly and sustainable means of transportation, which can help lower pollution levels. This has resulted in an increase in demand for EVs throughout the country. Electric […]
Here’s why India’s electric vehicle market to double in 2027 – EQ Mag
India’s electric vehicle (EV) market has been growing rapidly, with sales doubling in 2027. This surge in demand can be attributed to a variety of factors, including government initiatives, increased awareness about sustainable transportation, decreasing battery costs, infrastructure development, and innovation and collaborations. The latest report of the Indian Private Equity and Venture Capital Association […]
SMEV urges govt to levy additional green tax on ICE two-wheelers to incentivise EV adoption – EQ Mag
The Green tax would also rationalise the expected drop in sales of EV on account of reduction in subsidies starting this month, the industry body representing electric vehicles said in a statement. The Society of Manufacturers of Electric Vehicles (SMEV) has called upon the government to levy an additional green tax on two-wheelers with internal […]
Is the Next Showdown Brewing Over Budget Micro Electric Cars? – EQ Mag
The rapid strides made in the EV sector are unmissable. Although there is a range of high-priced, luxury models packed with advanced technology and superior performance, many consumers eagerly await the advent of more economical, everyman EVs. Yet, before those make their debut, several automakers are vying for dominance in the more affordable micro EV […]
Is India ready to adopt the EV ecosystem? – EQ Mag
One of the biggest environmental challenges faced by mankind today is the rapidly rising carbon emissions leading to global warming and extreme climate crisis across the globe. A major contributor to the rising carbon footprint is the transport sector which requires urgent steps to mobilise people to move to a climate-conscious and environment-friendly way of […]
This electric SUV fetches 30,000 bookings in just 3 days – EQ Mag
The second-geneartion all-electric Nio ES6 SUV is grabbing quite the attraction in china, with nearly 30,000 units booked in just three days. Chinese car manufacturer launched the second generation avatar of the SUV in the country just last week, and within three days, it reportedly fetched 29,700 pre-orders and 6,600 confirmed orders, claims CarNewsChina. The […]
Electric vehicle makers require 13 mn sq ft real estate space by 2030 to meet output target: CBRE – EQ Mag
Real estate consultant CBRE South Asia released a report, ‘Electric Vehicles in India – New Wheels on the Roads’, on Thursday that focuses on the trends, growth, and influence of electric vehicles (EVs) on the real estate sector in India. Electric vehicle manufacturers will need around 13 million square feet of real estate space by […]
TVS Motor Company Strengthens its Electrification Journey; Unveils its Special Initiative for Pricing on the TVS iQube Scooters – EQ Mag
TVS Motor continues to spearhead the EV adoption clocking 20,000 units of retails in May 2023 on the back of 100,000 delighted customers in the last financial year To continue the momentum, the company unveils new prices for TVS iQube without passing on the full burden of FAME II revision to customers TVS Motor Company, […]
Starting today electric two wheelers get more expensive by up to Rs 40,000 – EQ Mag
Prices of electric two-wheelers will go up from June 1 as the central government’s new reduced subsidy structure comes into effect. The costs of electric two-wheelers have gone up from anywhere between Rs 10,000 to Rs 40,000. While some companies have fully passed on the subsidy loss, others have partially passed it on to the […]
Ford CEO says EV prices may not drop to ICE vehicle levels until 2035 – EQ Mag
The cost to make electric vehicles may not drop to the level for gas-powered cars until after 2030 when the process becomes simpler and less labor-intensive, Ford Motor Co Chief Executive Jim Farley said on Wednesday. At an investor conference, Farley said that, for many automakers, EVs will remain more costly than their internal combustion […]
