The interest rate subvention provided on electric autos will provide an additional incentive of Rs 25,000 over the purchase incentive of Rs 30,000. The Delhi government launched an online portal “My EV” for the purchase and registration of electric autos in the city. The government will also provide a 5 percent interest subvention on the […]
Electric Vehicles
Port of San Diego adds 14 electric vehicles to fleet – EQ Mag Pro
The Port of San Diego is to purchase a total of 14 electric vehicles from the National Auto Fleet Group. The transaction was recently approved by the Board of Port Commissioners and supports the port’s Maritime Clean Strategy (MCAS) and its vision of Healthy Equity for All. The purchase is being funded through the Port […]
Matter Drive 1.0 EV Motor introduced with Integrated Thermal Management System – EQ Mag Pro
Matter has introduced its new Matter Drive 1.0 Motor that hosts an Integrated Intelligent Thermal Management System with liquid cooling. It will power their upcoming electric two-wheeler as well, slated for launch in 2022. Matter, an Ahmedabad-based technology innovation start-up focused on creating futuristic sustainable solutions, has announced the development of its new, high-speed mid-torque […]
MG’s next EV for India is likely to be a 2-door offering – EQ Mag Pro
The MG E230 is currently under development, and it is assumed to be India-bound. The 2-door, 4-seat electric vehicle will likely be MG Motor India’s mass-market EV offering. MG Motor India has earlier confirmed to launch a mass-market EV in the Indian market, which could also be the cheapest electric vehicle to go on sale […]
EVs to gain momentum as fuels become more expensive – EQ Mag Pro
With global crude oil prices skyrocketing, electric vehicles are becoming more and more appealing to customers. With global crude oil prices skyrocketing, it’s only a matter of time before this price rise is passed on to the Indian consumer. Add to this the supply chain disruptions following the Ukrainian crisis and the challenges for India’s […]
Ather Energy Rolls Out 25,000th 450X Electric Scooter – EQ Mag Pro
Ather Energy rolled out the 25,000th 450X electric scooter just over 2 years after it began production in its Hosur facility. Ather Energy announced a new milestone as it rolled out the 25,000th 450X electric scooter from its Hosur facility. The manufacturer made the announcement on its social media handles, sharing images of the white […]
Electric-vehicle push bumps up against chaos in nickel market – EQ Mag Pro
“Nickel can be a volatile beast,” said William Adams, head of base metal and battery research at Fastmarkets in London. Here’s how the math works. A 100 kilowatt hour battery needs about 145 pounds of nickel, according to BloombergNEF. Last year’s average price was about $US18,500 per metric tonne, Adams said. That means about $US1,200 […]
Gas price hikes fueling electric vehicle conspiracy theories – EQ Mag Pro
Facebook and Twitter memes allege US President Joe Biden’s administration is intentionally driving up the price of gas to get more American drivers behind the wheel of an electric car. WASHINGTON: Some social media users suggest that soaring fuel prices in the U.S. aren’t the result of Russia’s invasion of Ukraine, increased consumption or supply […]
Lexus drives in all-new NX 350h SUV in India at Rs 64.9 lakh – EQ Mag Pro
New Delhi: Japanese auto major Toyota’s luxury car arm Lexus on Wednesday launched the all-new version of its NX 350h SUV in India with a price starting at Rs 64.9 lakh (ex-showroom). The company, which introduced the model in three trims – priced at Rs 64.9 lakh, Rs 69.5 lakh and Rs 71.6 lakh, respectively, […]
Battery electric vehicles contributed over 6% to total global car sales in 2021 – EQ Mag Pro
Electric vehicles are witnessing increasing demand. Battery electric vehicles have contributed more than six per cent of total global sales last year, claims a study by Jato. The study also claims that the market share of electric vehicles has doubled to 6.2 per cent from 3.1 per cent, as the popularity of zero-emission vehicles has […]