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Anand Gupta

Editor - EQ Int'l Media Network

Navigating the new electric-vehicle tax credits to get more money back – EQ Mag Pro

The Inflation Reduction Act has income limits, vehicle price caps and a host of other variations that affect the cost of an EV For electric-vehicle shoppers, the decision to buy now or wait a few months could cost thousands of dollars. Last week, President Biden signed the Inflation Reduction Act, a broad climate, healthcare and […]

Electric vehicles with or without batteries will be taxed at 5%, clarifies finance ministry – EQ Mag Pro

The Union Ministry of Finance on Monday clarified that electric vehicles sold with or without batteries will be taxed at a single rate of 5 percent. Back in June, during the 47th meeting of the GST Council chaired by Union Finance Minister Nirmala Sitharaman, the government had reduced the tax rate on lithium-ion batteries from […]

Could hydrogen ease Germany’s reliance on Russian gas? – EQ Mag Pro

The war in Ukraine has upended Germany’s energy policy. Since the start of the war Germany has reduced its dependence on Russian oil from 35% to 12% and on Russian gas from 55% to 35%. Nevertheless, energy trading is a huge source of revenue for Moscow. Over the first two months of the war Germany […]

India’s first indigenous Hydrogen fuel cell bus unveiled in Pune – EQ Mag Pro

Union Minister Dr. Jitendra Singh on Sunday unveiled India’s first indigenous Hydrogen fuel cell bus in Pune. The Hydrogen fuel cell bus is developed by the CSIR – Council of Scientific and Industrial Research and KPIT Limited. Yesterday, the Union Minister shared a video on Twitter providing a glimpse of the hydrogen fuel cell bus […]

Won’t be very healthy to provide subsidy to EV buyers beyond a point: Delhi transport minister – EQ Mag Pro

New Delhi : Delhi Transport Minister Kailash Gahlot on Monday said it will not be “very healthy” to provide subsidies to buyers of electric vehicles beyond a point. He also said the government has set a target of having one charging point in a radius of three kilometers. “Sufficient subsidies are being given. Subsidies are […]

FlexGen Turns to Squire Patton Boggs for 100 MW Energy Storage Project Portfolio in Texas – EQ Mag Pro

A Squire Patton Boggs team advised FlexGen Power Systems, Inc. (“FlexGen”), a leading energy storage technology platform and solution provider, on FlexGen’s agreement to supply advanced energy storage systems and its HybridOS™ software for SMT Energy’s portfolio of ten energy storage projects in Texas. The 100MW of projects will improve the resilience of the ERCOT […]

Be the first to know when the Fundamentals of Battery Energy Storage handbook is published – EQ Mag Pro

What is The Fundamentals of Battery Energy Storage handbook? The South African Energy Storage Association has partnered with VUKA Group to develop and publish a battery energy storage guide called The Fundamentals of Battery Energy Storage. The handbook is an exploration of four main areas: 1) frequently asked questions, 2) technical matters, 3) regulatory matters, […]

EV battery rules are likely within a month – EQ Mag Pro

NEW DELHI : The Union government is expected to issue new standards for electric vehicle (EV) batteries within a month, two officials aware of the matter said The road transport ministry has already sent the draft of the standards to industry stakeholders for consultations, one of the two officials cited above said on the condition […]

Porsche plans to make over 80000 Macan EVs, launch likely next year – EQ Mag Pro

Porsche Macan EV is in development, and will likely launch sometime between 2023 and 2024. The Macan EV is currently in development. Audi Q6 e-Tron. Volkswagen’s sportscar brand Porsche The company hopes to sell more than 80,000 units Macan EV is an equivalent number to the internal combustion engine version of the SUV. Porsche Chief […]

VW will only sell EVs in Norway as of 2024 – EQ Mag Pro

Volkswagen says it will only sell EVs in Norway as soon as 2024, which is ahead of regulations forcing the German automaker to do so. But this is likely something that is happening naturally in the market and every automaker is going to have to follow. Today, Norway’s Postsen reported that Volkswagen is planning to […]