A wave of electric cars, SUVs and pickups is headed toward America’s highways, driven by the auto industry’s aggressive rollout, the vehicles’ growing driving range, environmental regulations and government incentives. Experts believe EVs will make up a third or even half of all light vehicles sold annually in the U.S. by 2030, up from about […]
Electric Vehicles
SABIC, developing innovative solutions for India’s electric vehicle and renewable industry – EQ Mag
In conversation with SABIC’s Abdullah Al-Otaibi, GM, ETP & Market Solutions, Petrochem on how SABIC continues to invest in the right capabilities and competencies for the future. The EV and the renewable industry in India is gaining momentum and the potential for the sector is immense. Both the value chains are scouting for solutions to […]
View: India needs accelerated support for electric vehicles to achieve net zero – EQ Mag
The recent Auto Expo 2023, India’s largest motor show, generated significant excitement with the launch of several low- and zero-emission vehicle models, including electric vehicles (EVs), hydrogen, and hybrids. While the event confirmed the auto industry’s growing focus on decarbonization, it also showed that India urgently needs to accelerate budgetary support for zero-emission technologies—particularly EVs, […]
Union Budget 2023 – Effects and implications on the auto industry – EQ Mag
Electric vehicles likely to get cheaper New personal income tax regime announced India’s Finance Minister, Nirmala Sitharaman presented the Union budget 2023-24 with a strong focus on green energy and making electric vehicles affordable to the masses. Interestingly, the government has also increased the income limit from 5 lakh to Rs 7 lakh in the […]
Budget 2023: EVs could get cheaper as lithium-ion cell machinery gets exempt from import duties – EQ Mag
The Union Budget 2023 has removed custom duty on capital goods/machinery for manufacture of lithium-ion cells for use in batteries of electrically operated vehicles (EVs). The move is said to help in reducing the cost of EVs in the country. Union Finance Minister Nirmala Sitharaman presented the Union Budget 2023 in the parliament on February […]
Soon, Electric Vehicle Makers Will Not Need Subsidy, Says Nitin Gadkari – EQ Mag
There will be a huge number of electric vehicle makers in India that the price of lithium ion batteries will come down and the industry will not need any subsidy, said Nitin Gadkari, Minister of Road Transport & Highways in an interview with CNBC-TV18’s Shereen Bhan a day after the Budget 2023 was unveiled. Gadkari […]
Mahindra set to reveal its new-gen electric SUVs in India: What to expect – EQ Mag
Mahindra and Mahindra, a homegrown automaker, is all set to showcase its new generation of electric SUVs in India. These cars will be shown at the Mahindra EV Fashion Festival in Hyderabad on Feb 10, 2023. It is noteworthy that for the first time these Born Electric Vehicles from Mahindra will arrive in the country. […]
Punjab cabinet approves new Industrial and Electric Vehicle policies – EQ Mag
Chandigarh : The Punjab Cabinet under the chairmanship of Chief Minister Bhagwant Mann approved new industrial and electric vehicle policies here on Friday, Finance Minister Harpal Singh Cheema said. Talking to media, Cheema said that the Punjab Electric Vehicle Policy and the new Industrial Policy, both have been approved in the cabinet. The approval of […]
Electric vs Non-Electric: Here is how to choose a budget-friendly car – EQ Mag
The rise of technology has not only brought changes in people’s personal lives, but has also unravelled innovation and development in the business setting. A plethora of firms are implementing new technology innovations, and the automobile industry is no exception. Today, car makers are more likely to create environmentally friendly vehicles with the reduction of […]
Study links use of electric vehicles with lower air pollution, better health – EQ Mag
Washington [US] : Electric vehicles are touted as a crucial tool for reducing emissions and combating climate change, but research on the dual advantages of lower air pollution and better health has been largely speculative. A team of researchers from the Keck School of Medicine of USC have now begun to document the actual impact […]