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Search Keyword: Electric Vehicles

SEMIKRON, Danfoss tie up to develop power electronics
News
  Apr 11, 2022

SEMIKRON, Danfoss tie up to develop power electronics

SEMIKRON and Danfoss Silicon Power announced a merger to create a joint business specialised in power electronics focusing on power semiconductor modules.

Cummins to acquire Meritor for $2.6 bn to raise EV parts production
News
  Feb 26, 2022

Cummins to acquire Meritor for $2.6 bn to raise EV parts production

US truck engine maker Cummins Inc said that it will buy auto parts maker Meritor Inc for $2.58 billion in cash, to beef up its electric and hybrid vehicle parts offerings.

Tesla should buy $ 500 mn Indian auto parts for tax cut
News
  Feb 23, 2022

Tesla should buy $ 500 mn Indian auto parts for tax cut

Tesla CEO Elon Musk has previously urged the Government of India to bring the taxes down. The Government is now asking Tesla to source auto components worth at least $500 million from India.

Graphite may have big role in EV industry expansion
News
  Feb 04, 2022

Graphite may have big role in EV industry expansion

The next commodity supercycle could start and end with Chinese graphite, the single most important battery material right now in terms of supply and demand.

Budget Focuses on Creating Infra in Auto Sector for Rise in Jobs
News
  Feb 04, 2022

Budget Focuses on Creating Infra in Auto Sector for Rise in Jobs

The domestic forging industry said the Union Budget 2022-23 is focusing on investing more in infrastructure and renewable energy, that will indirectly support employment generation.

OLA to set up R&D facility for electric car in UK
News
  Feb 02, 2022

OLA to set up R&D facility for electric car in UK

Indian tech company Ola has announced plans to invest Pound 100 million in the UK to open a research and development facility for a planned electric car, in a significant boost to the British automotive industry.

Kinetic Green Energy and China’s AIMA Tech tie up to produce EVs
News
  Jan 28, 2022

Kinetic Green Energy and China’s AIMA Tech tie up to produce EVs

Pune-headquartered Kinetic Green Energy & Power Solutions has teamed up with China-based electric vehicle giant Aima Technology Group to co-design and develop electric two-wheelers for India.

Renault, Nissan, Mitsubishi form joint venture for EVs
News
  Jan 28, 2022

Renault, Nissan, Mitsubishi form joint venture for EVs

French auto giant Renault and Japanese carmakers Nissan Motor and Mitsubishi Motors Corp are soon going to work together to develop electric vehicles.

Balu Forge buys precision machining unit of Mercedes Benz Truck Factory in Germany
News
  Jan 24, 2022

Balu Forge buys precision machining unit of Mercedes Benz Truck Factory in Germany

Balu Forge Industries Ltd (BFIL) has recently acquired the Precision Machining unit of the Mercedes Benz Truck Factory in Mannheim, Germany.

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