What are the things you need to know before investing in an electric vehicle (EV)? And can you charge it in your building society parking? Here’s a complete list. With an influx of a fleet of electric vehicles (EV), Indian roads are witnessing a massive transformation. According to government guidelines, it is mandatory to set […]
Electric Vehicles
PLI scheme for auto sector to help attract Tesla to set up manufacturing base in India: Pandey – EQ Mag Pro
New Delhi: Heavy Industries Minister Mahendra Nath Pandey on Thursday expressed hope that the production linked incentive (PLI) scheme for the auto sector will help to attract US electric car major Tesla to set up a manufacturing base in India. The Union Cabinet on September 15 approved a 25,938-crore PLI scheme for the auto sector […]
Ola Electric sells scooters worth Rs 600 cr in 24 hrs, 4 units every second – EQ Mag Pro
Ola Electric, which had to defer e-scooter sales due to a website glitch last week, opened the purchase of Ola S1 and S1 Pro on Wednesday. The purchase can be made exclusively on the Ola app and the process is completely digital Ola Electric on Thursday said that it sold scooters worth over Rs 600 […]
What will it take to make price-conscious Indians switch to electric vehicles? – EQ Mag Pro
The Indian government has already laid out its vision with a target of 30% electric vehicles on the road by 2025. It is already working to provide the required amount of charging infrastructure and has approved setting up 2,636 electric vehicle charging stations across 62 cities in 24 states and union territories of India under […]
RattanIndia Enterprises welcomes Govt.’s PLI scheme focused on electric vehicles – EQ Mag Pro
RattanIndia Enterprises welcomes the Production Linked Incentive (PLI) scheme announced by the Govt. of India today for automobile industry with a budgetary outlay of Rs 26,058 crore. As per the press release by Govt. of India – this PLI scheme for the auto sector will incentivize high value Advanced Automotive Technology vehicles and products. It […]
Surge in electric vehicle sales power lithium prices as shortages loom – EQ Mag Pro
More investment in lithium production is needed to meet future needs of the electric vehicle supply chain, analysts say LONDON: Lithium prices have jumped to their highest in more than three years thanks to an upsurge in electric vehicle sales, depleting stocks of the battery material in top consumer China. Targets to cut carbon emissions […]
Toyota, Honda oppose U.S. House electric vehicle tax plan – EQ Mag Pro
Toyota said in a statement that the plan unveiled late Friday discriminates “against American autoworkers based on their choice not to unionize.” WASHINGTON: Toyota Motor Corp and Honda Motor Co on Saturday sharply criticized a proposal by Democrats in the U.S. House of Representatives to give union-made electric vehicles in the United States an additional […]
Centre wants Tesla to first start production in India before any tax concession – EQ Mag Pro
At present, cars imported as completely built units attract customs duty ranging from 60% to 100%, depending on engine size and cost, insurance and freight value less or above $40,000 New Delhi: The heavy industries ministry has asked US-based electric car major Tesla to first start manufacturing its electric vehicles in India before any tax […]
Centre Asks Tesla To Manufacture Cars In India Before Getting Any Tax Relief: Report – EQ Mag Pro
In a ‘Make in India’ push, the Centre has asked Tesla to initiate production in India first in order to be considered for import duty relief. The Union Government has asked Elon Musk-owned Tesla to manufacture its green vehicles in India in order to be considered for tax concessions, sources have revealed. The company which […]
This Govt Company Will Buy 1 Lakh Electric Vehicles By Spending Rs 3000 Crore! – EQ Mag Pro
The central government wants to convert 60 lakh three-wheelers to electric cars (EVs). The step is towards the goal of turning 30% of all road wheels to electric by 2030. The central government wants to convert 60 lakh three-wheelers to electric cars (EVs). Also India’s electric vehicle sales are on the mend, as the country […]