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Anand Gupta

Editor - EQ Int'l Media Network

Indonesia energy firm Indika eyes $2 bn EV venture with Taiwan’s Foxconn – EQ Mag Pro

JAKARTA : Indonesia’s PT Indika Energy INDY.JK is considering jointly investing $2 billion with Taiwan-based Foxconn 2317.TW on electric vehicle (EV) manufacturing, batteries and energy storage, a top Indika executive told Reuters on Wednesday. Indika like many energy companies has been diversifying its businesses beyond coal amid a global push to end use of fossil […]

Morocco plans to set up EV battery ‘gigafactory’: minister – EQ Mag Pro

Morocco seeks to boost local production of electric vehicles to respond to the increasing global demand for electric and hybrid vehicles amid a surge in fuel prices. Rabat : In a bid to accelerate local electric vehicle manufacturing, Morocco has negotiated the set up of an electric vehicle battery with leading manufacturers. “We hope to […]

China greentech company signs deal with Spain to build EV battery ‘giga-factory’ – EQ Mag Pro

Spain has signed a partnership agreement with Chinese green energy company Envision Group to embark on four projects, including a battery plant for electric cars, with €3.8 billion in total investment, partly funded by European Union aid. Jose Dominguez, head of Envision Spain, was quoted in a statement from the Spanish government that the projects […]

US Postal Service to boost purchases of electric vehicles – EQ Mag Pro

The U.S. Postal Service said it will substantially increase the number of electric-powered vehicles it’s buying to replace its fleet of aging delivery trucks, after the Biden administration and environmental groups said the agency’s initial plan had too few electric vehicles and fell short of the administration’s climate change goals. The Postal Service now wants […]

Company plans 6,000+ electric vehicle chargers in Florida – EQ Mag Pro

A New Zealand-based company announced Thursday it plans to install more than 6,000 electric vehicle chargers in Florida over the coming months, mainly at commercial sites, parking lots and other developments. Invisible Urban Charging, based in Auckland, New Zealand, is partnering with Dallas-based Lincoln Property Co. to make the chargers available for all models of […]

Rivian CEO Eyes Expansion Into Broader Range of Commercial Electric Vehicles – EQ Mag Pro

Rivian Automotive Inc is planning a broader range of electric commercial vehicles in a variety of shapes and sizes, and expects to be building millions of EVs a year at multiple plants after 2030, Chief Executive R.J. Scaringe said. Speaking with Reuters ahead of Thursday’s formal unveiling with Amazon of the large EDV-700 delivery van, […]

China’s BYD to start selling electric vehicles in Japan next year – EQ Mag Pro

BYD will start selling battery electric cars in Japan next year, marking its entry into Japan’s passenger car market, the company said in a statement on Thursday. BYD (Build Your Dreams) publicly-listed Chinese conglomerate manufacturing company headquartered in Shenzhen, Guangdong, will start selling battery electric cars in Japan next year, marking its entry into Japan’s […]

India’s battery storage potential to be 600 GWh by 2030: Niti report – EQ Mag Pro

India will have a battery storage potential of 600 gigawatt hour (GWh) by 2030, and demand for electric vehicles, stationary storage and consumer electronics will mainly drive adoption of battery storage, a Niti Aayog report said. The report further said a coherent regulatory framework incentivizing all stakeholders to participate in the recycling process will help […]

All major ports to be made self-sustainable on electricity by 2030: Sonowal – EQ Mag Pro

Further, he said under the holistic development of coastal districts, a total of 567 projects with an estimated cost of around Rs 58,000 crore have been identified. NEW DELHI: The government is committed to reducing emissions from the shipping sector and all the major ports will be made fully self-sustainable on electricity by 2030, Parliament […]

L’Oréal North Asia zone achieves carbon neutrality across all sites – EQ Mag Pro

Shanghai : L’Oréal Group’s North Asia Zone is the first of the company’s zones worldwide to achieve carbon neutrality across all operated sites, plants, distribution centers, offices and research & innovation centers spanning five geographic markets of Mainland China, Japan, South Korea, Hong Kong and Taiwan. This achievement marks a significant milestone in the company’s […]