Under its NDCs, India has committed to install 175 GW of renewable energy (RE) by 2022. It is well on its way to getting there. It has even upped this target to 450 GW by 2030. Such specific targets, and demonstration of action to achieve them in shorter time frames, are exactly what the planet […]
Electric Vehicles
Mahindra Electric Gives Up Office Space in Bengaluru, Moves Sales & Marketing Team to Mumbai – EQ Mag Pro
ME has also seen a number of hi-profile exits including Mahesh Babu, Martin Murray, Satish Rajagopalan and Allahbaksh Naikodi. There has also been the movement of the company’s Last Mile Mobility (LMMM) sales and marketing personnel to Mumbai. Mahindra Electric (ME), the electric arm of Mahindra & Mahindra has in a quiet move, given up […]
Tesla May Release $25,000 Electric Car Without a Steering Wheel in 2023 – EQ Mag Pro
Musk earlier noted that this new price point is achieved through Tesla’s new battery cell and battery manufacturing effort, which could reduce battery costs by over 50 per cent. Tech billionaire Elon Musk has reportedly told Tesla employees that the automaker is planning to unveil its previously announced $25,000 electric car in 2023. The CEO […]
Four Tesla Models Approved For Indian Roads – EQ Mag Pro
Electric vehicle company Tesla is likely is expected to launch cars in the Indian market soon as its four models have been received approval for homologation as seen on the government’s Vahan Sewa portal San Francisco : Electric vehicle company Tesla is likely is expected to launch cars in the Indian market soon as its […]
China’s Xiaomi Completes Business Registration of Electric Vehicle Unit – EQ Mag Pro
The new unit, to be called Xiaomi EV Inc, opened with registered capital of 10 billion yuan ($1.55 billion) and Xiaomi CEO Lei Jun as its legal representative, Xiaomi said in a statement. Chinese smartphone giant Xiaomi Corp said on Wednesday it has completed the official business registration of its electric vehicle unit, marking the […]
Tata Tigor EV Launched in India Starting at Rs 11.99 Lakh; Check Prices, Features & Specifications – EQ Mag Pro
The updated Tata Tigor EV – now powered by the company’s Ziptron technology – has been launched in India at a starting price of Rs 11.99 lakh, making it the most affordable electric car on sale in India today. Offered in three variants, the Tigor EV is available in XE (Rs 11.99 lakh), XM (Rs […]
CESL Launches Scheme For Sale of Electric Two-Wheelers in Kerala – EQ Mag Pro
New Delhi : State-owned Convergence Energy Services Ltd (CESL) has launched a scheme for sale of electric two- wheelers to government employees in Kerala. This is in line with the state government”s Electric Vehicle Policy, directing all departments to switch to electric vehicles instead of purchasing new fuel-based ones. “The agreement with CESL is a […]
Former Mahindra Electric MD & CEO Joins Hinduja EV Arm in Leadership Role – EQ Mag Pro
Mumbai : Former Mahindra Electric MD & CEO Mahesh Babu has joined the electric vehicle arm of Hinduja Group, Switch Mobility, in leadership roles, a release said. Babu has been appointed with immediate effect as Chief Operating Officer of the UK-based EV arm of the company Switch Mobility Ltd and Chief Executive Officer of Switch […]
Policy Stability Key For Local Capability – EQ Mag Pro
High-profile CEO Elon Musk wants India to slash import duties on cars to make it viable for him to launch Tesla electric vehicles (EVs) here. Import duties in India are generally high, particularly on cars. Ideally, these should be reduced. However, the current duty structure was put in place as part of a policy to […]
Tata Motors Opposes Import Tax Cuts on Electric Vehicles For Elon Musk’s Tesla – EQ Mag Pro
Tata Motors, the electric car market leader in India, has opposed any reduction in import duty on electric cars as demanded by electric carmaker Tesla CEO Elon Musk. New Delhi: The Tata Group is reportedly against slashing import duties on electric vehicles (EVs) as demanded by electric car maker Tesla CEO Elon Musk, mentioning that […]