News Updates

Bengaluru-based mobility and electric vehicle technology start-up, Cell Propulsion, recently raised funding of $2 Million (debt + equity) in a growth round from existing investors.

KPS Capital Partners, LP announced that it has signed a definitive agreement to acquire Siderforgerossi Group, S.p.A., a global manufacturer of large diameter forged products.

LG Energy Solution, South Korea's leading manufacturer of advanced lithium-ion batteries, is showcasing its world class battery technologies and solutions at InterBattery 2021.

The demonstrator will be used for test purposes. The system consists of fuel cell modules, batteries, fire protection, air conditioning and safety systems, cooling, gas supply and automation.

According to Deepak Jain, President, Auto Component Manufacturers Association (ACMA), the Indian auto component industry in fiscal 2020-21 would have a decline in growth in the range of 10%-12%.

Fiat’s product line-up will gradually become electric-only by 2030 and ICE vehicles will stop from 2025. The company’s greatest project is exploring the territory of sustainable mobility for all.

To boost up the adoption and use of electric vehicles in Goa, Kerala and Andhra Pradesh, the Convergence Energy Services Limited (CESL) will supply 30,000 electric two-wheelers to the three states.

As per Dushyant Chautala, Deputy Chief Minister, Haryana, the state government will make a policy to produce electric vehicles and convert vehicle engines from internal combustion to battery-powered.

B&R has used its CANopen Safety protocol to simplify the implementation of safety functions on mobile machinery by making use of X90 safety controllers.