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 […]
Electric vehicle registrations see a big jump in Karnataka – EQ Mag
BENGALURU: The state has seen a nearly 1,500% increase in e-vehicle registrations in three years, as per statistics from the ministry of road transport and highways (MoRTH). While 6,150 EVs were registered in 2019, the number hit 95,856 in 2022. Last year, monthly registrations of EVs crossed 10,000 in October (10,787) and November (10,960). There […]
Electric vehicle sales on track to cross 1-million milestone this year – EQ Mag
Manufacturers like Tata Motors, Ola Electric, and Ather Energy are the main gainers from the rising adoption of EVs The electric vehicle (EV) industry in India is on track to cross the 1 million milestone this year. The retail sales of EVs accounted for nearly 4.7 per cent of the total automobile sales in the […]
Electric Vehicle: 2023 tax credits for EVs will boost their appeal – EQ Mag
Many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and […]
EV Insurance: Tips to comprehensively insure your electric vehicle in the coming new year – EQ Mag
Insurance for Eelectric Vehicles (EVs): Electric vehicles are advanced pieces of machinery that need protection exceeding third-party liability insurance. Thus, a comprehensive insurance plan is more fitting as it completely shields the insured vehicle from various risks, particularly beyond damages and losses caused due to incidents other than a collision. Insurance for Electric Vehicles in […]
How we commute is shifting and electric vehicle is the way for sure – EQ Mag
During this year, there have been about 10 EV rollouts, couple of them facelifts, mostly in luxury and premium segments of market A couple of days ago, a new company called PMV Electric based in Mumbai unveiled an electric microcar, the EaS-E (Ecofriendly And Sustainable-Electric). The car is a tandem two-seater and can in addition […]
Electric vehicle makers burning cash, slammed by sky-high costs – EQ Mag
Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly reports from electric vehicle (EV) makers from the past two weeks show them struggling to hit delivery targets and rapidly […]
Electric vehicle makers burning cash, slammed by sky-high costs – EQ Mag Pro
Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly reports from electric vehicle (EV) makers from the past two weeks show them struggling to hit delivery targets and rapidly […]
Electric vehicle owners, charging stations advised to adhere to safety norms – EQ Mag Pro
Fire accidents can be avoided if proper protective gear and standard equipment are put to use, says official Fire accidents in electric vehicle showrooms and at houses of e-vehicle owners can be avoided if proper protective gears are put in place and standard equipment used to charge the vehicles, say authorities of the Directorate of […]
The Affordable Electric Vehicle Is Still Mostly Fantasy – EQ Mag Pro
With battery supplies tight and customers eager, car companies are only cranking out expensive EVs. Jack Norton, a history professor in Minneapolis, started shopping for an electric vehicle early last year. His requirements were simple: all-wheel drive and a price tag under $55,000. At first, Norton noticed that few EVs were being shipped to Minnesota, […]