On the recommendation of the Department of Mobility and Public Works of the Flemish Region, the Flemish government has tasked TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) with the installation and commercial operation of a charging service for electric vehicles in the West Flanders (Westhoek, Kortrijk and Bruges) and Flemish Brabant (Brussels Periphery, Leuven) regions. TotalEnergies will install […]
Electric vehicles on Indian roads to touch 5cr by 2030; big opportunity for EV charging players: KPMG – EQ Mag Pro
The total number of electric vehicles on Indian roads is likely to touch 5 crore by 2030, presenting an enormous opportunity for players in the charging ecosystem, according to a report by consultancy firm KPMG. A large increase in electric vehicles (EV) sales is anticipated in India due to favourable factors on demand, supply and […]
Electric vehicles bringing ‘silent revolution’ in India, says PM Modi – EQ Mag Pro
This silence is not only about its engineering, but also the beginning of a silent revolution in the country: PM Modi He was speaking at an event commemorating the 40 years of Maruti Suzuki and the launching of the carmaker’s EV plant The government has introduced several schemes for the EV sector, including FAME-II and […]
Senmiao Technology Announces Signing of New Agreement with BYD Affiliate for Leasing of Electric Vehicles – EQ Mag Pro
CHENGDU, China : Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that its wholly-owned subsidiary Chengdu Corenel Technology Ltd. (“Corenel”) has signed an agreement with Guangzhou Wanjun Automobile […]
Electric vehicles with or without batteries will be taxed at 5%, clarifies finance ministry – EQ Mag Pro
The Union Ministry of Finance on Monday clarified that electric vehicles sold with or without batteries will be taxed at a single rate of 5 percent. Back in June, during the 47th meeting of the GST Council chaired by Union Finance Minister Nirmala Sitharaman, the government had reduced the tax rate on lithium-ion batteries from […]
Electric vehicles: The next growth engine in chemicals – EQ Mag Pro
A paradigm shift in automotive purchasing linked to the electric-vehicle transition is creating a major growth opportunity for chemical companies. The automotive market is undergoing rapid change. Based on a forecast by the McKinsey Center for Future Mobility, battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) will make up more than 55 percent […]
China’s BYD to start selling electric vehicles in Japan next year – EQ Mag Pro
BYD will start selling battery electric cars in Japan next year, marking its entry into Japan’s passenger car market, the company said in a statement on Thursday. BYD (Build Your Dreams) publicly-listed Chinese conglomerate manufacturing company headquartered in Shenzhen, Guangdong, will start selling battery electric cars in Japan next year, marking its entry into Japan’s […]
Need to ensure 100 per cent renewables alongside electric vehicles to tackle climate crisis: Environmentalists – EQ Mag Pro
New Delhi : With the national capital recording a rise in the registration of electric vehicles, some environmentalists raised doubts whether the transition to EVs will actually help fight the global climate crisis in the long run and said there is an urgent need to opt for renewable energy alongside it. Since electric vehicles rely […]
Experts Stress The Need To Ensure 100% Renewable Energy Alongside Electric Vehicles To Tackle Climate Crisis – EQ Mag Pro
Environmentalists claim that switching to electric vehicles alone may not solve the issue and that it must be coupled with renewable sources of energy in order to make a difference in the global climate crisis. With the national capital recording a rise in the registration of electric vehicles, some environmentalists raised doubts about whether the […]
Karnataka CM Bommai wants cheaper electric vehicles for quicker shift to EVs – EQ Mag Pro
To increase the usage of electric vehicles, Karnataka CM Basavaraj Bommai has asked auto manufacturers to focus on making affordable EVs, reports PTI. “The cost of electric vehicles should be affordable for the common man. Then only its usage could see an increase. The manufacturers should focus more on this aspect,” Karnataka Chief Minister Basavaraj […]