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 […]
Electric Vehicles
Electric Vehicle Fleet to Hit 700 Million by 2040: BNEF – EQ Mag
BloombergNEF: Urgent policy action needed on heavy commercial vehicles, streamlining charging infrastructure, and building out the battery supply chain London and New York : EV adoption is set to soar in the coming years, with over 100 million passenger EVs expected on the roads by 2026 and over 700 million by 2040, up from 27 […]
SMEV seeks Rs 3k cr rehabilitation fund to revive ops of electric two-wheeler makers – EQ Mag
New Delhi : Society of Manufacturers of Electric Vehicles (SMEV) has asked the government to create a Rs 3,000 crore fund to revive and sustain operations of OEMs which have been badly affected by the recent FAME subsidy blocks. In a letter to the Finance Minister, the industy body has noted that the total amount […]
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 […]
How data is fueling the growth for Electric Vehicles in India – EQ Mag
EV is the new sunrise sector and to fuel its growth, the sector is being propelled by the ever-burgeoning data industry The Indian Electric Vehicle (EV) industry is the newest sunrise sector in the country due to its rising appeal as an alternative to internal combustion vehicles. This rise in popularity is helping as government […]
Mercedes Accelerates its Electric Journey with the Unveiling of High-End EQE and EQS SUVs in Taiwan – EQ Mag
Mercedes-Benz Taiwan underscored its commitment to electrification by announcing plans to introduce two high-end all-electric SUVs, the EQE SUV and its luxury flagship, the EQS SUV. These trailblazing models are now open for pre-orders, with the official launch set to electrify the Taiwanese market in July this year. Mercedes has hit the ground running as […]
This electric SUV fetches 30,000 bookings in just 3 days – EQ Mag
The second-geneartion all-electric Nio ES6 SUV is grabbing quite the attraction in china, with nearly 30,000 units booked in just three days. Chinese car manufacturer launched the second generation avatar of the SUV in the country just last week, and within three days, it reportedly fetched 29,700 pre-orders and 6,600 confirmed orders, claims CarNewsChina. The […]