The two companies jointly unveiled a new vehicle model called ‘Bzinesslite InstaCharged by Log9’ which is powered by Log9’s RapidX 2000 batteries, enabling it to go zero to zip within 12 minutes. Battery tech startup Log9 Materials on Tuesday announced the launch of India’s fastest-charging two-wheeler commercial electric vehicle (CEV) in partnership with Hyderabad-headquartered EV […]
Tesla Model Y becomes 1st EV to earn world’s best-selling car tag – EQ Mag
Tesla Model Y surpassed Toyota’s RAV4 and Corolla models to top global sales rankings in the first quarter of 2023, according to data from Jato Dynamics. The 2023 Model Y starts at $47,490, considerably more than the 2023 Corolla ($21,550) and RAV4 ($27,575), reports The Verge. Tesla Model Y sold 267,200 units globally. Tesla Model […]
Are hybrid vehicles actually greener than EVs? – EQ Mag
With zero tailpipe emissions, electric vehicles are widely perceived as the greenest type of transport. But critics have long pointed to the ‘dirty’ electricity – derived from burning coal – used to manufacture these vehicles, especially in developing countries such as India. They’ve argued that shifting to EVs doesn’t kill emissions, it simply shifts them […]
Startup Ample says it can swap an EV battery in 5 minutes – EQ Mag
Can battery swapping for electric vehicles beat out real-time charging? This business concept has already led to one high-profile flop, but Ample is gearing up to make it work. SAN FRANCISCO : Ample, a well-funded startup that’s building battery-swapping infrastructure for electric vehicles, demonstrated a fully functional prototype swap station last week to a small […]
As electric cars boom, locals fear Chinese battery plant will harm land in drought-stricken Hungary – EQ Mag
DEBRECEN, Hungary : Just beyond the pastoral gardens and traditional homes of an eastern Hungarian village, a gigaproject of Chinese industry is taking shape. Bulldozers and excavators are already preparing the land for construction of a nearly 550-acre electric vehicle (EV) battery plant. The 7.3 billion euro ($7.9 billion) factory will be one of Hungary’s […]
Domestic passenger vehicles sales expected to stay strong this fiscal, says Tata Motors – EQ Mag
Cavelossim (Goa), Domestic passenger vehicles sales, specially those of SUVs, are expected to remain strong this fiscal despite the pent-up demand and low inventory which drove up sales in the past are no longer there, according to Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd. Managing Director Shailesh Chandra. The company, which […]
Mahindra & Mahindra increases capex outlay for FY22-24 to Rs 15900 crore – EQ Mag
According to the company’s statement, the additional Rs 1,600 crore will go into the conventional ICE (Internal Combustion Engine) vehicles for the anticipated regulatory changes and capacity expansion. Mahindra & Mahindra – an automobile giant – on Friday said it has revised upward the capital expenditure (capex) outlay for the three years cycle of FY22-FY24 […]
Simple Energy launches its first electric scooter, the Simple ONE the Super EV with a record-breaking 212 kilometres of range – EQ Mag
Company to focus on deliveries of pre-booked orders in a phased manner Will expand retail operations to 40-50 cities through a network of 160-180 retail stores BANGALORE : Simple Energy, India’s leading electric vehicle and clean energy start-up, today officially launched its maiden electric 2-wheeler- the Simple ONE at an attractive starting price of INR […]
Subsidy Reduction of Electric Two-Wheelers May Lead to Decline in EV Adoption, Manufacturers Say – EQ Mag
Startup players in the EV space, however, welcomed the government’s decision saying it was time for the EV industry to stand on its own. Society of Manufacturers of Electric Vehicles on Tuesday said the sudden reduction of subsidy for electric two-wheelers may lead to a major decline in EV adoption, impacting the entire industry for […]
Exclusive: Simple Energy to launch electric car by 2025. Electric motorcycle under development – EQ Mag
Based on the interaction conducted by Arpit Mahendra. Bengaluru-based and homegrown EV maker, Simple Energy, launched its much-awaited electric scooter called the Simple ONE. The EV maker is seemingly off to a great start with an order book of over 1 lakh units which the company expects to retain despite its recent price increase. The […]