There’s much more to be done for an industry that has recorded over 200% growth in the last year. Here’s what the EV sector is demanding from the Union Budget 2023 The EV sector is the hot property in the automobile industry and it also has the potential to give the Indian economy a good […]
Electric Vehicles
Spark Minda Looks Forward to a Budget that Supports Manufacturing Sector and the Consumer – EQ Mag
Spark Minda is looking forward to a Budget that supports both manufacturing sector and the consumer. Aakash Minda, Executive Director, Minda Corporation Limited says, “The transition of the sector towards electric vehicles needs special focus. To build an upward tick within the EV market, Government Schemes should strengthen the indigenous EV industry. The focus must […]
In a First, Hindustan Zinc Deploys India’s First Ever Battery-Operated Vehicle into Underground Mining Operation – EQ Mag
• Hindustan Zinc is the first company among its peers to join the EV revolution, steadily switching to electric vehicles for its underground operations • The company will invest USD 1 billion for converting all diesel-run 900 odd mining vehicles to battery operated ones In a first-of-its-kind initiative in the Indian mining sector, Hindustan Zinc, […]
Asia’s biggest EXPO on connected, autonomous and electric vehicles to be held on 13-14 April in Bengaluru – EQ Mag
Noida (Uttar Pradesh) [India] : Asia’s biggest exhibition of connected, autonomous and electric vehicles, CAEV EXPO 2023, will be held on the 13th and 14th of April 2023 in KTPO (Karnataka Trade Promotion Organisation), Bengaluru. Over the last six editions of connected and autonomous vehicle exhibitions and conferences, this platform has been instrumental in many […]
Budget 2023 expectations: What experts from the EV sector look forward to – EQ Mag
Finance Minister Nirmala Sitharaman will table the Budget 2023 tomorrow. It will be the last full budget of the Modi 2.0 government. Here’s a look at what the electric vehicle (EV) executives at Evera, Neuron Energy and iRasus Technologies have to say Mr. Nimish Trivedi, Co-Founder, Evera “India is undergoing a transition, and its automobile […]
‘EV market may cross 1 crore annual sales by 2030’ – EQ Mag
The EV industry is expected to create 5 crore direct and indirect jobs by 2030, the Economic Survey 2022-23 stated India’s electric vehicles (EV) market is expected to grow to one crore units annual sales by 2030 and create 5 crore direct and indirect jobs, according to the Economic Survey 2022-23. The survey tabled in […]
Scaling EV Charging On City Streets, Creatively
Electric vehicles are the stars of the show as the Washington DC Car Show kicks off this week, with the show website even having a way to search for vehicles that qualify for the brand new EV tax credit. McKinsey says they are anticipating about 400 EV models available by 2035, courtesy in part of […]
Government schemes needed till penetration of electric vehicles crosses particular threshold: Girish Wagh – EQ Mag
“The government has done a terrific job to promote, or more than promote I would say, ignite electric vehicle or zero emission vehicle demand,” the Tata Motors Executive Director said. Support provided by the government to promote electric and zero emission vehicles through schemes such as FAME II, need to be continued till penetration of […]
Tata Motors, ICICI Bank tie up to offer financing solutions to its passenger EV dealers – EQ Mag
One-of-its kind inventory financing programme for dealers of Tata Motors ICICI Bank extends the facility for EVs, in addition to funding for diesel and petrol models As an effort towards encouraging Electric Vehicle (EV) adoption in the country, Tata Motors, India’s leading automotive manufacturer, has announced its partnership with ICICI Bank to offer an EV […]
Honda To Enter Indian EV Space With Its First EV Likely In March 2024 – EQ Mag
Honda Motorcycle and Scooter India’s (HMSI) managing director and CEO Atsushi Ogata announced that the company is coming up with multiple products in the EV space HMSI also looks to set up a charging station to facilitate EV users. For this, it will be using its existing sales infrastructure of more than 6K outlets “We […]