News Updates

TÜV SÜD laid the foundation stone for a new state-of-the-art facility for testing and certifying electrical, electronic products and medical devices to national and international standards in Bengaluru.

Carmaker Stellantis announced a strategy to embed AI-enabled software in 34 million vehicles across its 14 brands, hoping the tech upgrade will bring in $22.6 billion in annual revenue by 2030.

As the researchers and battery manufacturers are searching for more sustainable replacement materials for lithium, one alternative - sodium offers similar properties and can be used for battery cell manufacturing.

Magenta, India’s homegrown integrated Electric Vehicle (EV) charging solutions company, confirmed a significant investment into Axiom Energy Conversion Limited, a leading EV component manufacturer.

The Tamil Nadu government on Wednesday announced the signing of memorandum of understandings between Tamil Nadu Industrial Investment Corporation Ltd (TIIC) and Tamil Nadu Small Industries Development Corporation (TANSIDCO) to serve the micro, small and medium industries in the state.

The Tata Groups' plans to set up a USD 300-million semiconductor manufacturing unit on a wartime basis may face headwinds, for the absence of raw materials and its scarce availability outside.

LiteAuto GmbH, a German company, will set up an advanced design and manufacturing facility in Telangana with an investment of Rs 1,500 crore.

South Korea’s auto parts supply chain is rapidly losing competitiveness and manpower due to slow response to faster transition to automated and electric mobility amid lack of financial resources.

Dr Mahendra Nath Pandey, Union Heavy Industries Minister, mentioned that India’s transition to Electric Mobility System can save Rs 20 trillion by 2030 on avoided oil imports alone.