Yadea has officially announced its electric scooter F200, which is primarily designed by Porsche, and not only does it possess powerful performance, but also resembles scooters seen in Taiwan. Unfortunately, the model will not be released in the Taiwanese market. VF F200, the brainchild between Yadea and Porsche Design, was finally announced officially this week. […]
Ola Electric to kick off investor meet on IPO plans – EQ Mag
MUMBAI : India’s Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion IPO, two sources with direct knowledge said. The sources said Ola, which makes electric scooters and is backed […]
Delhi: Govt seeks inputs from people for revised EV policy – EQ Mag
NEW DELHI : The Delhi government has begun work on drafting a revised electric vehicle (EV) policy for the national capital. The existing one will expire in August. People can give their suggestions for the policy online. The link for the same is available on different social media sites of the transport department. A senior […]
RevFin eyes 400cr mop-up to drive loans for EV buys – EQ Mag
Electric vehicle financier RevFin is looking at raising ₹300-400 crore in this financial year for disbursing loans to buy two-wheelers, three-wheelers and four-wheelers deployed for commercial use. The company, which received its first tranche of $5 million (about ₹41 crore) from the United States Development Finance Corporation earlier this week, expects strong demand for loans, […]
Arrival to convert Antara’s $20 million loan into equity – EQ Mag
Arrival said on Tuesday it will convert shareholder hedge fund Antara Capital Master Fund LP’s $20 million loan into equity, a move that would help the British electric-vehicle startup lower its debt load. According to the deal, Antara will not be allowed to sell more than 10% of the traded volume of Arrival’s ordinary shares, […]
France braces for power demand surge driven by EVs, alternative fuels – EQ Mag
PARIS : Electric vehicles and other technology to cut emissions is likely to drive a surge in French power demand by 2035, meaning France will need to maintain its existing nuclear capacity, grid operator RTE said on Wednesday. The European Union in March approved a law to end sales of new C02-emitting cars in 2035. […]
World Environment Day: Top electric cars with longest range in India – EQ Mag
Today on the occasion of World Environment Day, let’s take a look at upcoming EV cars Several electric cars are set to launch in India in the coming months The upcoming electric cars in India will play a very important role in the journey of making this great nation more sustainable and eco-friendly. Also, electric […]
How the rapid transition to electric vehicles is boosting investments in the Indian EV space – EQ Mag
Pollution levels in Indian cities have been rising, generating a slew of health issues for residents. The need for sustainability is at its peak. EVs provide a more environmentally friendly and sustainable means of transportation, which can help lower pollution levels. This has resulted in an increase in demand for EVs throughout the country. Electric […]
Here’s why India’s electric vehicle market to double in 2027 – EQ Mag
India’s electric vehicle (EV) market has been growing rapidly, with sales doubling in 2027. This surge in demand can be attributed to a variety of factors, including government initiatives, increased awareness about sustainable transportation, decreasing battery costs, infrastructure development, and innovation and collaborations. The latest report of the Indian Private Equity and Venture Capital Association […]
SMEV urges govt to levy additional green tax on ICE two-wheelers to incentivise EV adoption – EQ Mag
The Green tax would also rationalise the expected drop in sales of EV on account of reduction in subsidies starting this month, the industry body representing electric vehicles said in a statement. The Society of Manufacturers of Electric Vehicles (SMEV) has called upon the government to levy an additional green tax on two-wheelers with internal […]