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Anand Gupta

Editor - EQ Int'l Media Network

M&M to raise up to $1.3 bn for EV unit – EQ Mag

Mahindra & Mahindra Ltd is in advanced talks with global investors to raise $1-1.3 billion by selling shares in its electric vehicles (EV) unit, people familiar with the development said, adding the move is aimed at accelerating the expansion plans of its newly formed subsidiary, EV Co. Mahindra is likely to raise capital in multiple […]

Northern Ireland electric car users to pay for street charging – EQ Mag

Electric vehicle drivers in Northern Ireland will have to pay to charge their cars on the street from the end of April. An overstay fee will also be introduced, to ensure charging points are available by preventing long stays. It is part of an upgrade of the charging network by ESB, which runs 319 charge […]

The next hot fast food menu item? Electric car charging – EQ Mag

Several major fast food and convenience store chains have recently announced a big push into electric vehicle (EV) charging, a trend that could accelerate efforts to expand the country’s embryonic charging infrastructure. Why it matters: Automakers are finally getting serious about electrification — yet many would-be EV buyers want more assurance they’ll be able to […]

EV charger makers brace for slowdown as new Made In America rules kick in – EQ Mag

SAN FRANCISCO : Manufacturers and operators of electric vehicle chargers in the United States are bracing for a slowdown in production and deployment as they scramble to comply with “Made in America” terms of a $7.5 billion federal program meant to accelerate the industry. Long-awaited rules laid out by the White House last month are […]

Five firms make the PLI cut to manufacture hydrogen-powered vehicles – EQ Mag

Ashok Leyland, Eicher, Pinnacle, Tata, and Booma get the nod The government selected five companies — Ashok Leyland, Eicher Motors, Pinnacle Mobility, Tata Motors, and Booma Innovative – for manufacturing hydrogen fuel cell electric vehicles under the Rs 25,938-crore production-linked incentive scheme for the automobile and auto component industry (PLI-Auto), Minister of State for Heavy […]

Column: How realistic is a hydrogen-powered economy? – EQ Mag

LITTLETON, Colorado : Clean-burning hydrogen has been hyped as a potential solution to a swath of climate-related energy problems, from fuelling trucks and powering industry to generating electricity – all while emitting only puffs of harmless vapour. The fuel is getting backing from an array of influential stakeholders, including fossil fuel firms which hope to […]

UK to assist West Bengal in creating workforce for upkeep of EV infra – EQ Mag

Kolkata : The UK will assist West Bengal in creating a technical workforce for maintenance of its EV infrastructure, which is poised to grow at a rapid pace as India switches over to electric mobility over the next few years, officials said on Tuesday. As a part of the initiative, the state government is planning […]

Mahindra to raise up to $1.3 billion for its electric vehicle unit: Report – EQ Mag

Indian automaker Mahindra and Mahindra Ltd is in advanced talks with global investors to raise between $1 billion and 1.3 billion to accelerate the expansion of electric vehicle unit, Mint reported The company plans to raise capital by selling shares in its unit, currently valued at over $9.1 billion, in multiple tranches over the next […]

VoltUp partners with BSNL to set up electric vehicles battery swapping stations – EQ Mag

Initially, under the partnership battery swapping stations will be set up in four locations across Gurugram, enabling an infrastructure of over 150 charging docks, the company said in a statement. Battery-as-a-Service (BaaS) startup VoltUp on Wednesday said it has partnered with BSNL for setting up electric vehicles battery swapping stations in the country. Initially, under […]

Is 2023 the Year When Green Hydrogen Will Take Off? – EQ Mag

In a world full of pollutants, concerns about sustainability, and the aim to carry zero-carbon footprints, green hydrogen is serving as a ray of hope for a healthy, green world. However, the current consumption of green hydrogen is limited, but with increasing applications in various industries, green hydrogen is expected to become one of the […]