As Sri Lanka is engulfed by its economic crisis, the new destination for Indian auto companies seems to be Bangladesh which is on the brink of a major economic boom, spurring auto majors to look eastwards.

Octopus Energy and Sterlite Power have inked a pact to help decarbonise the Indian industry and bring cheaper green power to consumers around the world.

American auto component maker Dana has said that India offers huge opportunities for the company in the EV space and it continues to invest in all its facilities depending upon the demand.

France risks losing nearly a third of its automotive jobs by the end of the decade in the accelerating transition to electric vehicles.

Automakers declared muted sales in November across most segments. The numbers were disappointing because it is considered a month of high demand and auto companies generate most of their yearly sales.

Albemarle Corp and Livent Corp executives advised automakers to work with lithium producers to ensure that they provide specialised forms of the white metal that enhance an electrical car’s efficiency.

COGOS Technologies Pvt Ltd which is a Bangalore-based logistics company has announced that it has been able to raise $2 Million in Pre-Series A funding.

Technology company Continental announced changes in engineering leadership for its ADAS and VED business units (BU) in their in-house R&D centre Technical Center India (TCI).

AmpUp is headquartered in Cupertino, CA and has operations across North America in each of the 50 US states, Mexico, Canada and Puerto Rico. It aims to make charging accessible and seamless for EV drivers.