Anand Gupta

EV Charging

Parliament passes Bill to regulate electric vehicle charging in Singapore – EQ Mag

December 3, 2022 Anand Gupta 0

SINGAPORE : Companies that provide electric vehicle (EV) charging services to the public will have to obtain a three-year licence, under a Bill that Parliament passed on Wednesday. In all, 12 MPs spoke during the debate on the Electric Vehicle Charging Bill, which is meant to ensure that EV chargers are safe to use and […]

Batteries

Amara Raja to invest Rs 9,500 crore in lithium-ion battery gigafactory in Telangana – EQ Mag

December 3, 2022 Anand Gupta 0

Lithium-cell gigafactory with capacity up to 16 GWh and battery pack assembly unit up to 5 GWh to come up in the Mahbubnagar district of Telangana. Amara Raja Batteries, one of India’s leading industrial and automotive battery companies, today signed a memorandum of understanding (MoU) with the government of Telangana to set up state-of-the-art research […]

Ford to invest $3.7 bln for production of EVs, gas-powered vehicles

Electric Vehicles

Ford accelerates electric car production with UK Government support – EQ Mag

December 3, 2022 Anand Gupta 0

UK Export Finance (UKEF) backing worth £600 million will help Ford to expand its electric vehicle production line and deliver on its 2035 net zero plan. Government-backed loan will facilitate Ford investments into Essex and Merseyside, supporting thousands of local jobs. The loan will help Ford to increase its electric vehicle range from currently two […]

This oil giant and Hertz are building a massive fast-charging network for EV rentals starting at LAX

Electric Vehicles

EV makers are key to sparking the mobility revolution – EQ Mag

December 3, 2022 Anand Gupta 0

EV makers are key to sparking the mobility revolution through their efforts to recalibrate the industry. As new electric vehicles take to the road, uncertainty over whether EVs will become part of the mainstream car market has faded under the weight of a more pressing need — recalibrating auto manufacturing to support EV production and […]

Mercedes-Benz delays EV debut by a year after Jaguar, Audi SUVs flop

Electric Vehicles

Luxe EV sales in India on full charge, push up waiting period – EQ Mag

December 3, 2022 Anand Gupta 0

Luxury carmakers are seeing unprecedented demand for high-end electric vehicles (EVs), with the well-heeled snapping up fashions such because the Mercedes Benz EQS, BMW iX and Audi e-tron. Mercedes Benz, Audi and BMW have all seen demand spike in this nascent section, resulting in a waiting period of up to 6 months for these fashions. […]

EV Charging

Broken EV chargers are a huge turnoff for electric car drivers and prospective buyers. That signals a growing business opportunity for startups racing to keep those plugs up and running – EQ Mag

December 3, 2022 Anand Gupta 0

Automakers need more functional plugs, as busted EV chargers may limit widespread adoption of the vehicles. That has opened an opportunity for a new charging maintenance industry. Automakers are pouring billions of dollars and investing their entire futures on majority-EV lineups over the coming decade. But convincing drivers to shift from owning a gas car […]

Tata Power profit zooms 74% to Rs 465 cr in April-June quarter

EV Charging

Tata Power to set up 1,000 Electric Vehicle charging points, 1 lakh solar pumps in Odisha – EQ Mag

December 3, 2022 Anand Gupta 0

Tata Power plans to install 1,000 electric vehicles (EV) charging points and 1 lakh solar pumps across Odisha in the next five years. It has already set up 50 EV charging points while 97 additional charging points are under various stages of installation and commissioning, a company release said on Thursday. While participating in the […]

EV Charging

B.C. to benefit as Parkland doubles western Canada EV charging network – EQ Mag

December 3, 2022 Anand Gupta 0

50 ultra-fast charging stations coming to highways and destinations from Vancouver Island to Calgary Parkland Corp. is doubling the size of its previously announced electric vehicle charging network with a focus on British Columbia, which leads the country in EV adoption. The Calgary-based fuel retailer said Friday it will now install 50 ultra-fast charging stations […]

EV Charging

ChargePoint Posts Wider-Than-Feared Loss, Revenue Nearly Doubles But Falls Short – EQ Mag

December 3, 2022 Anand Gupta 0

ChargePoint (CHPT) posted a wider-than-expected loss for the third quarter late Thursday and narrowed revenue guidance, with the quickening global adoption of electric vehicles set to boost charging demand. CHPT stock fell Thursday ansd Friday, after a jump on Wednesday. In the U.S., passage in August of the Inflation Reduction Act gave EV stocks in […]