In Short : India’s electric vehicle (EV) sector is set for rapid growth by 2030, driven by government initiatives, technological advancements, and rising environmental concerns. Policies like FAME II and production-linked incentives are boosting adoption. With improved battery technology and growing investments in infrastructure, EVs are expected to dominate two-wheeler, three-wheeler, and public transport segments, […]
IESA projects $500 mn investment in India’s battery, mobility ecosystem – EQ
In Short : The India Energy Storage Alliance (IESA) predicts $500 million in investments for India’s battery and mobility startups in 2025. Following the Bharat Battery Show, where 100 startups showcased innovations, this funding is set to accelerate advancements in battery technology, EV infrastructure, and energy storage, aligning with India’s sustainable mobility and green energy […]
EV Adoption: 64% Consumers Likely to Choose Electric Vehicle – TCS Study – EQ
In Short : A recent study by Tata Consultancy Services (TCS) shows that 64% of consumers are likely to choose electric vehicles (EVs) for their next purchase. This growing inclination reflects increasing awareness of environmental issues, improved EV technology, and supportive policies. The study highlights a significant shift in consumer preferences, signaling a promising future […]
Electric Vehicle Fleet to Hit 700 Million by 2040: BNEF – EQ Mag
BloombergNEF: Urgent policy action needed on heavy commercial vehicles, streamlining charging infrastructure, and building out the battery supply chain London and New York : EV adoption is set to soar in the coming years, with over 100 million passenger EVs expected on the roads by 2026 and over 700 million by 2040, up from 27 […]
Here’s why an Electric vehicle is not a compromise and a true upgrade – EQ Mag
Battery being a significant part of any EV, the zero maintenance on battery also means that the overall maintenance on an EV is significantly lower than the ICE vehicles. Electric vehicles as a concept in India were introduced in 2000 with REVA, the small car, and this car came with a whole lot of limitations. […]
Electric vehicle-only auction launched after fall in used prices – EQ Mag
Aston Barclay has launched a new monthly electric vehicle (EV) auction in response to the fall in plug-in prices experienced over recent months. The sale at Aston Barclay Donington will also include an educational buyer session from the Energy Saving Trust. Mark Hankey, Aston Barclay’s chief revenue officer, explained: “We wanted to be proactive in […]
Exclusive: Future EV Charging Technologies That Will Drive Electric Vehicle Adoption In India – EQ Mag
While electric vehicles are quickly finding their place in India, a lot of new-age technologies like wireless charging and lamp-post chargers can further push the EV sales. As electric vehicles (EVs) continuously gaining popularity and their penetration is rising by the day, it has become indispensable to improve charging infrastructure equipped with the latest technology. […]
Electric vehicle sales to cross 2 million in FY24: Experts – EQ Mag
The Faster Adoption and Manufacturing of Electric Vehicles (FAME) II scheme is expected to create momentum across all electric vehicle (EV) segments in FY24 With continuing current trends in the electric vehicle (EV) market in India, the upcoming fiscal year will witness over 2 million EV sales, according to media reports. As per the reports, […]
Wireless charging offers hope for mass electric vehicle use – EQ Mag
Trials in Germany and the US could reduce the size of batteries needed and end drivers’ ‘range anxiety’ An hour’s drive south of Stuttgart lies a modest stretch of road that may represent the future of electric vehicle charging. This kilometre-long strip in the German town of Balingen will, later this year, host the world’s […]
No proposal to advise banks to provide cheap loans for electric vehicle purchase: Gadkari – EQ Mag
New Delhi [India] : There is no proposal under consideration in the Ministry of Road Transport and Highways to advise banks to provide cheap loans for the purchase of clean energy vehicles, Union minister Nitin Gadkari informed parliament in a written answer earlier this week. In response to a query on whether his Ministry proposes […]