Ratings agency also says a cohesive approach from all stakeholders is imperative to facilitate the ‘E20 transition’ CNG, EVs and hybrid vehicles may grab up to 30 per cent share in total auto sales in the next five years even as petrol cars are likely to dominate passenger vehicle volumes in the medium-term, a report […]
EVs may eventually kill growing demand for SUVs. Here’s why – EQ Mag
The massive and still-growing popularity of the SUV body type is a common trend across most major automotive markets across the world. Car manufacturers are rushing in to oblige potential customers with SUVs of all shapes, sizes, prices and capabilities. But the advent of the EV or electric vehicle age could eventually slam the brakes. […]
EVs make up 80% of new car sales in Norway – EQ Mag
138,265 new electric cars were sold in the Scandinavian country last year Electric vehicles accounted for almost four out of every five new car registrations in Norway last year, setting a new record, according to figures released Monday. Led by US carmaker Tesla, which topped the list with a 12.2 percent market share, 138,265 new […]
2022 turns out to be good year for EVs as sales grew three-fold – EQ Mag
According to data available at VAHAN portal, EV sales grew from 3.2 lakh units in 2021 to nearly 10 lakh in 2022, a growth of over 200%. NEW DELHI : Calendar year 2022 turns out to be a significant year for electric vehicles (EVs) despite the industry witnessing a series of fire incidents at the […]
‘EVs won’t need sops once market share surges’ – EQ Mag
Bhavish Aggarwal, the outspoken entrepreneur making rapid strides in the electric two-wheeler industry, is now championing another unusual idea: End subsidies for electric two-wheelers once their market share reaches double digits. The government is encouraging adoption of EVs with subsidies, allocating ₹2,908 crore as EV subsidies for FY23, three-and-a-half times the FY22 allocation of ₹800 […]
EVs in driver’s seat as Auto Expo returns – EQ Mag
A record 30 pure electric vehicle (EV) makers will showcase their products when India’s marquee automotive show returns next month after a gap of three years, even as some established carmakers including Mahindra & Mahindra, Skoda-Volkswagen and Renault-Nissan have decided to stay away. Legacy players such as Tata Motors, Hyundai and MG Motor, too, are […]
More people believe that EVs will overtake diesel, petrol vehicles by 2030 – EQ Mag
The report surveyed 1018 respondents from New Consumer Classification System (NCCS) A & B households between the age groups of 28 to 40. As per the latest report by Acko and YouGov India, A majority of Indian consumers – 57 percent – want to invest in electric vehicles (EVs) because of the practical benefits that […]
The insurance coverage and cost for EVs differs from fueled vehicles — here’s why – EQ Mag
The demand for electric vehicles (EVs) is slowly gathering pace in India. Apart from being a green alternative to petrol and diesel vehicles, they are likely to be cost-effective too in the long term. Now, as in any vehicle purchase, it’s imperative to take an insurance policy for your EV. However, it’s important to note […]
Stellantis looks to India for affordable EVs for Europe amid competition from China – EQ Mag
NEW DELHI : Fiat parent Stellantis has concluded it can’t currently make affordable electric vehicles in Europe and is looking at lower-cost manufacturing in markets such as India, its chief executive told reporters. If India, with its low-cost supplier base, is able to meet the company’s quality and cost targets by the end of 2023, […]
EV Explainer: Watt’s the deal with electric car charging and range? – EQ Mag Pro
When it comes to liquid fuels, a litre is the volume contained in a 10cm x 10cm x 10cm box. It’s a reasonably well understood concept. From there, it’s a matter of understanding how many litres are needed to travel 100kms to get an appreciation of energy use. With electric cars, based around kilowatts and […]
