DETROIT : Thanks to a boost from the government, leasing — not buying — is becoming the most affordable way to get your hands on an electric vehicle. Last year’s Inflation Reduction Act provided a federal tax credit of up to $7,500 to use toward an EV. Under the rules, a dealer can apply that […]
Elon Musk kicks off China visit, Tesla expansion in focus – EQ Mag
BEIJING : Tesla Chief Executive Elon Musk on Tuesday kicked off a high-stakes visit to China with a meeting with the country’s foreign minister in Beijing, marking his return to the electric carmaker’s largest production hub after three years. The trip is the latest return by a top U.S. CEO to China since the country […]
Storing hydrogen in coal may help power clean energy economy: Study – EQ Mag
Coal may provide a potential new way to store hydrogen gas, much like batteries store energy for future use, addressing a major hurdle in developing a clean energy supply chain, according to a study Hydrogen is a clean burning fuel and shows promise for use in the most energy intensive sectors of the economytransportation, electricity […]
The fight to define clean hydrogen – EQ Mag
What counts as green hydrogen is a $100 billion dollar question. Last year’s Inflation Reduction Act (IRA) highlighted clean hydrogen’s important role in addressing climate change by offering generous incentives for the burgeoning technology. Now, the U.S. Treasury has to define what “clean hydrogen” actually means, and with $100 billion in hydrogen tax credits on […]
Climate change: A fast-growing India has the world’s fate in its hands – EQ Mag
Once upon the time, India looked upon international climate meetings with something akin to distaste. Indira Gandhi played the role of malcontent at the 1972 Stockholm conference that kicked off modern environmental diplomacy, characterizing such concerns as a luxury for rich countries that poorer nations couldn’t afford to indulge. In 2009, then-Prime Minister Manmohan Singh […]
Tesla approached Indian government: Official – EQ Mag
Prime Minister also likely to meet Elon Musk in his visit to US next month: Sources Global electric vehicle (EV) giant Tesla on Wednesday is revisiting its plans to set up a factory in India, for both domestic and exports and it has not asked the Indian government to also consider a duty cut, sources […]
Cybertrucks Prepare Delivery for Q3; What’s Up with the Change of Look? – EQ Mag
Tesla is scheduled to deliver the anticipated Cybertruck starting from Q3, for which users who have preordered have waited for more than 3 years. However, what has aroused the attention of some people is the somewhat different design of the latest prototype compared to what was announced back then. Cybertruck, during its debut, had generated […]
13,000+ hotels across the US are about to get EV charging stations – EQ Mag
LNG Electric may become one of the top three owner-operators of EV charging stations in the US by 2028, as it’s deploying a huge number of EV charging stations at hotels. That’s because the EV charging provider is partnering with digital infrastructure consultancy MD7 to install Level 2 and DC fast charging EV charging stations […]
Long popular in Asia, floating solar catches on in US – EQ Mag
When Joe Seaman-Graves, the city planner for the working class town of Cohoes, New York, Googled the term “floating solar,” he didn’t even know it was a thing. What he did know is that his tiny town needed an affordable way to get electricity and had no extra land. But looking at a map, one […]
US electric vehicle startups set for another quarter of steep cash burn – EQ Mag
U.S. electric-vehicle startups are expected to report another quarter of dwindling cash reserves next week, piling pressure on a group of companies that are struggling to ramp up production and have few options for funding in a turbulent economy. Having gone public with hopes of shaking up the automobile industry, these companies have seen their […]
