Ford stock jumped as much as 9% on Wednesday after the company unveiled its “Ford+” plan. The automaker will separate its electric vehicles unit from its gas-powered cars unit to scale EVs. Ford will retain ownership of both units rather than spinning one off into a separate company. Ford stock jumped as much as 9% […]
Electric Vehicles
Ford splits electric vehicle, internal combustion into separate units – EQ Mag Pro
Ford is splitting its electric vehicle and internal combustion divisions into separate businesses. Ford said that it will run its electric vehicle and internal combustion divisions as two separate businesses, attempting to accelerate its adaptation of new technology. The automaker said Wednesday that its plan includes two distinct, but strategically interdependent, auto businesses Ford Blue […]
Hero Eddy electric 2-wheeler launched at Rs. 72,000: Features reverse model, e-lock and more – EQ Mag Pro
The new Hero Eddy is introduced in the Indian market today at sticker price of Rs. 72,000. The new offering from Hero Electric looks futuristic and will attract new-age buyers. The country’s leading electric two-wheeler brand – Hero Electric, is strengthening its lineup with the introduction of the Hero Eddy in the Indian market at […]
Toyota gears up its first EV with safer, longer-lasting battery – EQ Mag Pro
BEVs have grown in popularity globally, but some consumers have been put off by EV battery-related fire risks and rapid degradation. Toyota Motor Corp, a late-comer to the battery electric vehicle (BEV) market, is weaving in all efforts to make sure its first mass-market model is safer and lasts longer than rivals’ products when it […]
Electric vehicles not getting rightly depreciated, say insurers – EQ Mag Pro
There are multiple issues that insurers are grappling with when it comes to motor insurance of electric vehicles (EVs). There are multiple issues that insurers are grappling with when it comes to motor insurance of electric vehicles (EVs). One of the major concerns is to rightly depreciate the electric vehicle, as the cost of the […]
Tesla removes radar from Model S, Model X electric vehicles. Here’s why – EQ Mag Pro
Tesla has come up with another way to decontent — er, simplify its flagship cars. Much like the Model 3 and Model Y, the Model S and Model X will no longer come equipped with radar sensors. It’s all in an effort for the company to move forward with their “Tesla Vision” plan, according to […]
NITI Aayog To Soon Introduce EV Battery Swapping Policy To Push EV In India – EQ Mag Pro
The government has paved the way for electric vehicles by providing additional charging stations, tax reductions, and financial incentives. In the budget 2022, the government had announced its plan to introduce a national battery swapping policy for electric vehicles. FM Nirmala Sitaraman, in her Budget speech had said, “Considering space constraints in urban areas in […]
Future of design and innovation in defense is ‘electric’ and ‘miniaturization’: Army chief – EQ Mag Pro
Ahmedabad: Chief of Army Staff General M M Naravane on Saturday said as far as design and innovation in the fields of defence and aerospace is concerned, the future is “electric” and “miniaturisation.” He said that in order to reduce the dependence on fossil fuels there is a need to use “electric-based things”, and added […]
EV maker OSM set to deliver 1,500 e-cargo 3-wheelers to freight provider Zyngo for last-mile delivery – EQ Mag Pro
Omega Seiki Mobility (OSM) announced on February 25 that it had formed a strategic partnership with logistics company Zyngo to provide 1,500 e-cargo three-wheelers called ‘Rage+’ to the latter for last-mile deliveries across India. Through partnerships such as these, Anglian Omega Group, which is based in Faridabad, said it plans to sell around 15,000 EVs […]
Spike In EV Infrastructure In India To Boost Demand For EV Insurance : Adarsh Agarwal – EQ Mag Pro
In India, the EV space is still emerging and we have limited data to determine whether electric vehicles will be at a higher risk compared to non-electric vehicles, especially from an insurer’s point of view. It is obvious to numerous that the future of mobility will be formed in enormous part by electric vehicles (EVs). […]