HSBC India has teamed up with Tata Motors for financing the purchase of the latter’s electric vehicles by the employee working in the corporate sector Under the collaboration, consumers holding a salaried account with HSBC India will get a chance to apply for a tailor-made loan to purchase an electric vehicle from Tata Motors’ EV […]
Tesla is about to pull the plug on its main EV charging rival – EQ Mag
In the 2000s, there was a media format war between Sony’s Blu-ray and Toshiba’s HD DVD. Sony, which owns a production company, convinced Warner Bros. to drop the rival format. And then Paramount followed suit, putting the last two nails in HD DVD’s coffin. Fast-forward to today’s electric vehicle charging standards war, and it feels […]
BPCL to add 165 EV charging corridors by March; to add 7.5 bn litres of ethanol capacity – EQ Mag
Rapidly expanding capability to promote cleaner vehicle fuels like ethanol and EV charging infrastructure, says P.S. Ravi, Executive Director of BPCL Bharat Petroleum Corporation (BPCL), the country’s second largest public sector oil marketing company (OMC), is rapidly expanding capacity in the green energy space. The company has taken the lead in promoting cleaner vehicle fuels […]
Analysis: Ford’s EV charging tie-up with Tesla ripples through industry – EQ Mag
SAN FRANCISCO : Ford Motor Co’s (F.N) decision to allow customers to use Tesla’s TSLA.O electric-vehicle charging network has sent ripples through the industry, raising questions about a national U.S. charging standard as well as the fate of charging startups that are struggling. The deal, announced last month, would open more than 12,000 Tesla Superchargers […]
Creating A Sustainable EV Fast-Charging Future – EQ Mag
As the world transitions to renewable energy sources, electric vehicles (EVs) have become an increasingly popular choice for sustainable transportation. However, the widespread adoption of EVs also requires the development of efficient fast-charging infrastructure that delivers dependable financial returns. Microgrids have emerged as a viable solution to this challenge, offering the potential to make EV […]
Unprecedented security risks, electric vehicle chargers – EQ Mag
Last year, global sales for electric vehicles (EVs) increased by 60% worldwide and one in every seven passenger cars purchased globally was an EV. In contrast, just five years earlier, only one in every 70 cars bought was an electric vehicle. Consumer demand for EVs is at an all-time high, but the growth of this […]
CHPT Stock Soars As EV Charging Network Called ‘Best-In-Class’ Ahead Of Earnings – EQ Mag
ChargePoint (CHPT) earned an upgrade as a “best-in-class way” to play the EV charging space. CHPT stock rocketed off a low base, with ChargePoint earnings due late Thursday. “The reason for our upgrade is simple — CHPT has proof of execution (and) line of sight to profitability,” Bank of America analyst Alex Vrabel wrote in […]
Electric vehicle charging infrastructure in Europe: How operators can manage risks effectively – EQ Mag
In Europe, the increase in electric vehicles (EV) sales — one in five new cars sold in 2022 was an EV — has been accompanied by rapid growth in EV charging infrastructure. The market for charging stations in Europe has grown from around 10,000 in 2012 to half a million in 2023. Each domestic market […]
Ford and Tesla to Partner on Electric Vehicle Charging – EQ Mag
The rival automakers will share 12,000 EV charging points Rival automakers Ford (F) and Tesla (TSLA), may compete for electric vehicle (EV) market share but are teaming up to make EV charging more accessible, as the Biden Administration’s push for American-made EV solutions takes shape. What Does It Mean For Ford EV Owners? Current owners […]
Delhi to have more EV charging stations, NDMC gives nod – EQ Mag
The New Delhi Municipal Council also gave approval to a project to revamp electricity transmission and distribution through Revamped Distribution Sector Scheme. The New Delhi Municipal Council (NDMC) has recently approved a project to open more EV charging stations and another to revamp electricity transmission and distribution through Revamped Distribution Sector Scheme (RDSS). The projects […]