BYD India has delivered over 700 units of the Atto 3 electric SUV within two months. The BYD Atto 3 is priced at Rs 33.99 lakh, ex-showroom, and is claimed to offer a range of 521 km per charge. Warren Buffett-backed Chinese EV maker, BYD (Build Your Dreams), recently launched the much-anticipated Atto 3 electric […]
Electric Vehicles
Falling lithium prices are making electric cars more affordable – EQ Mag
An unexpected decline in the price of an essential battery material, along with those of other commodities, is good news for buyers. But experts disagree on how long low prices will last. Lithium, the common ingredient in almost all electric-car batteries, has become so precious that it is often called white gold. But something surprising […]
Plugged in: Royal Enfield plans ‘differentiated’ electric vehicles – EQ Mag
Royal Enfield is on track to launch its first electric motorcycle by 2025, and the company has made considerable progress in its electric vehicle journey, its chief executive said. The Chennai-based manufacturer, which leads the middle-weight segment of the motorcycle market with a more than 93% share, is looking at a record volume for the […]
Scratched EV battery? Your insurer may have to junk the whole car – EQ Mag
LONDON/DETROIT : For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading to higher premiums and undercutting gains from going electric. And now those battery packs are piling up in scrapyards in some countries, […]
Hero Electric Set To Roll Out Over 10 Lakh Vehicles Annually In Next Two-Three Years – EQ Mag
In the ongoing fiscal, the company expects to end with over 1 lakh units sales and in 2023-24 it could be around 2.5 lakh units Hero Electric on Wednesday said it is set to roll out over 10 lakh vehicles annually in the next two to three years from its manufacturing units in India. The […]
BMW targets 50% all-electric sales pre-2030, hydrogen car on the list too – EQ Mag
“We see hydrogen-electric vehicles as a meaningful complement to e-mobility, even with something of a time lag,”BMW’s chief executive Oliver Zipse said. BMW expects over 50% of new sales to be all-electric vehicles well ahead of its 2030 target and could envision a hydrogen-powered car going into production in the second half of the decade, […]
BMW Group Expects Profitable Growth in 2023 – Through Dynamic BEV Ramp-up and High-End Premium Segment – EQ Mag
Gurugram, Haryana, India & Munich, Germany : Zipse: “Proven strengths, future-oriented technologies and NEUE KLASSE as a recipe for success” EBIT margin for 2023 expected within 8-10% range High demand: 15% BEV share in 2023 Dynamic BEV growth in coming years Double-digit growth in high-end segment in 2023 Further decrease in CO₂ emissions planned for […]
Electric Vehicle incentive: Guidelines out for interest-free advance to Odisha govt employees – EQ Mag
In a notice, the Finance department observed that the provisions / guidelines for electric vehicle advance are not being meticulously followed by the Departments while sanctioning the advance in favour of their employees. In a bid to streamline the payment procedure and consequential irregularities, the Odisha government on Friday released guidelines for interest-free advance payment […]
Himachal’s ‘green budget’ offers subsidies for e-vehicles, slaps ‘milk cess’ on liquor – EQ Mag
Shimla : The state’s Congress government presented its first Budget Friday, announcing a monthly allowance for over two lakh women, a “milk cess” on alcohol, and subsidies on electric vehicles as part of a plan to make Himachal Pradesh a “green state” in three years. In his over two-hour Budget speech in the state assembly, […]
Volkswagen’s ‘affordable’ electric car for 2026: New ID.2 supermini breaks cover – but just how cheap will it be? – EQ Mag
ID.2all has been revealed and previews the car to replace – or be an EV alternative – to the Polo supermini It will hit showrooms in 2026 as part of Volkswagen’s promise to launch 10 new electric models in three years German car giant promises a starting price undercutting all existing rivals as it attempts […]