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    Will China drive global alignment in EV battery swap standards?
    China, the largest electric car market in the world, is expected to drive global benchmarks in electric vehicle battery swapping practices, as well as the emerging battery-as-a-service, or BaaS, industry. Neither the EV battery swap model is new nor it was invented in China. However, it is the only ...
    How driving assistance and automation are impacting the steer-by-wire systems market
    The current steering systems market is primarily controlled by low-end, column-motor systems in the entry and lower-midclass vehicle segments and high-end, rack-motor systems in the upper-midclass and premium-class vehicle segments. However, steer-by-wire (SBW) steering systems will dominate the fut...
    Michelin acquires Indonesian sustainable natural rubber project
    French tire company Michelin announced via press release on 21 June that it had acquired a further 51% of the capital of the Royal Lestari Utama (RLU) sustainable natural rubber project from Indonesian energy company Barito Pacific Group to become the sole owner of the joint venture. According to...
    22-Jun-2022 News Investments
    Lynas receives USD120 million DoD contract to set up heavy rare earths separation facility in the US
    Australian rare-earths mining company Lynas Rare Earths announced via press release on 14 June that its wholly owned subsidiary Lynas USA LLC had signed a US120 million contract with the US Department of Defense (DoD) to set up a commercial Heavy Rare Earths (HRE) separation facility in the Uni...
    15-Jun-2022 News Investments
    Thailand approves Foxconn – PTT JV to produce batteries for EVs
    Thailand government’s board of investment, the country investment agency, has approved the USD1.04 billion joint venture between Taiwan’s electronics major Foxconn and Thai energy company PTT Public Company Ltd to manufacture batteries for electric vehicles (EVs), according to a report published...
    Volkswagen to launch first electric car in India in 2023
    German carmaker Volkswagen plans to launch its first electric car, the ID.4 sport utility vehicle (SUV) in India in 2023 as the country continues to push for faster adoption of EVs, a report published by Bloomberg on 10 June said, citing a senior company executive. The company plans to launch i...
    10-Jun-2022 News New Products
    MinRes acquires 25% interest in MQR’s Australian West Spargoville lithium project
    Australian mining company Marquee Resources (MQR) announced via press release on 2 June that it had entered into a partnership with Mineral Resources Limited (MinRes) regarding the rights to its West Spargoville lithium project (WSP) in Western Australia. According to the press release, the agree...
    JSW Steel to invest USD2.5 billion to expand capacity by 10 million TPA
    Indian business newspaper Financial Express reported on 31 May that Indian steel company JSW Steel will be investing USD2.5 billion to expand production capacity in the country by 10 million tons to 36 million tons per annum (TPA). According to the report, the 10 million TPA capacity expansi...
    07-Jun-2022 News Investments
    Rusal sues Rio Tinto over access to Queensland alumina refinery
    News agency Reuters reported on 6 June that Russian aluminum producer Rusal had filed a lawsuit against Anglo-Australian mining company Rio Tinto over access to the alumina refinery located in Queensland that is jointly held between the two companies. Rio Tinto reportedly took sole control (100% ...
    Tata Motors eyes 20% of overall passenger vehicle sales from EVs in 4-5 years
    Indian automaker Tata Motors Ltd plans to have electric vehicles (EVs) contribute 20% of its overall passenger vehicle sales over the next 4–5 years, according to a report published by ET Auto on 4 June 2022. It said that the company, which has already recorded cumulative sales of over 25,000 EVs,...
    07-Jun-2022 News New Products
    Birla Carbon to expand global carbon black production capacity by 200 KMT
    Indian carbon black manufacturer Birla Carbon announced via press release on 31 May that it will expanding its global carbon black manufacturing capacity by 200 kilo metric tons (KMT) in response to increased demands for the material from the rubber and specialty applications markets. According t...
    03-Jun-2022 News Investments
    Hyundai to launch BlueLink application in Australia on MY2023 Palisade
    Hyundai Motor Corp will release its BlueLink multimedia solution in Australia with the 2023 Palisade model, The Western Australian reported on 3 June. The carmaker will gradually roll out across the range and will include a five-year subscription to the service. The service allows customers to re...
    03-Jun-2022 News New Products
    ArcelorMittal Nippon Steel India to invest USD1.1 billion in new cold-rolling and galvanizing lines
    Nikkei Asia reported on 1 June that joint venture ArcelorMittal Nippon Steel (AM/NS) India will invest USD1.1 billion to build advanced steel processing lines at the AM/NS integrated steelworks plant in Hazira, Gujarat, India. According to the report, the installations will include a cold-rolling...
    02-Jun-2022 News Investments
    Indian startup Nordische Technologies develops aluminum-graphene battery
    Indian battery technology startup Nordische Technologies has developed aluminum-graphene battery cells in pouch format, which can be used in electric vehicles (EVs), consumer electronics and other applications, news agency Press Trust of India (PTI) reported on 28 May 2022. The Bangalore-based start...
    01-Jun-2022 News New Products
    Tata Motors acquires Ford’s Sanand factory in Gujarat, India to expand production
    Indian automaker Tata Motors’ subsidiary Tata Passenger Electric Mobility Ltd (TPEML) has signed a tripartite memorandum of understanding (MoU) with Ford India Pvt Ltd (FIPL) and the Government of Gujarat for acquiring the latter’s passenger vehicle manufacturing plant in Sanand, Gujarat, news p...
    Mahindra earmarks capex of USD1.5 billion for automotive business, EVs
    Indian automaker Mahindra and Mahindra Ltd (M&M) plans to incur a capital expenditure of INR154 billion (close to USD2 billion) in its farm equipment, automotive, and electric vehicle businesses during 2022–24 period, news publication Business Standard reported on 31 May 2022. The report furth...
    Jiangsu General Science Technology to invest USD300 million in new Cambodian tire plant
    The Phnom Penh Post reported on 25 May that Wuxi-based tire company Jiangsu General Science Technology Co Ltd has invested nearly USD300 million to build the largest tire factory in the Sihanoukville Special Economic Zone (SSEZ) in Cambodia. According to the report, the project is expected to be ...
    31-May-2022 News Investments
    Exide to set up USD773 million Li-ion cell manufacturing plant in India
    Battery maker Exide Industries plans to invest INR6 billion (about USD773 million) in setting up a lithium-ion (Li-ion) battery cell manufacturing plant in India, a report filed by news publication ET Auto said on 27 May 2022. The said battery factory will be set up by Exide under its partnersh...
    Tianqi develops Australia’s first battery-grade lithium hydroxide at Kwinana plant
    The government of western Australia announced via press release on 20 May that Tianqi Lithium Energy Australia (a joint venture between Australian mining company IGO and Sichuan-based Chinese mining company Tianqi Lithium) had produced Australia’s first battery-grade lithium hydroxide at its plant...
    23-May-2022 News New Products
    Volkswagen signs agreement with Mahindra to share MEB electric components
    Indian vehicle manufacturer Mahindra & Mahindra Ltd. (M&M) has signed an agreement with Volkswagen (VW) Group to explore the use of the German carmaker’s modular electric drive matrix (MEB) electric components for building electric vehicles (EVs), the two companies said in a joint announce...
    20-May-2022 News New Products
    Intelematics partners with Aeris to bring Aeris Mobility Suite to Australia and New Zealand
    Intelematics has announced a partnership with Aeris under which Intelematics to bring Aeris’ Mobility Suite (AMS) connected vehicle platform to vehicle manufacturers and distributors in Australia and New Zealand, according to a company press release on 18 May. “This technology exists in new c...
    Hyundai Motor collaborates with Tata Power to set up EV charging network in India
    Hyundai Motor India Ltd (HMIL), India’s second largest carmaker, has entered into a strategic partnership with Tata Power, one of the country’s largest integrated power companies and a leading electric vehicle (EV) charging infrastructure provider, to build a robust EV charging network with an a...
    Tata Motors unveils pure electric car concept – AVINYA
    Indian automaker Tata Motors’ EV arm Tata Passenger Electric Mobility (TPEM) unveiled an all-new electric vehicle (EV) concept named AVINYA on 29 April 2022. The company said that the concept is its vision of a pure electric vehicle based on its GEN 3 architecture. The name is derived from the San...
    02-May-2022 News New Products
    MG Motor India and Bharat Petroleum to partner on EV charging stations in India
    Carmaker MG Motor India and Indian oil and gas company Bharat Petroleum Corporation Limited (BPCL) have partnered to bolster the EV charging infrastructure across the subcontinent, BPCL said in a press release on 25 April 2022. The partnership makes MG Motor India, which is a wholly owned subsidiary...
    Thailand plans to promote zinc-ion battery technology, set up pilot battery plant
    Thailand plans to promote zinc-ion battery technology to support the transition to electric vehicles (EVs) in the country, according to a report filed by the Bangkok Post on 21 April 2022. The country plans to set up a zinc-ion pilot battery plant to develop and nurture the zinc-ion battery technolo...
    LG-led Korean consortium signs deal with Indonesia to set up EV battery supply chain
    A consortium from South Korea led by consumer electronics and battery giant LG has signed an agreement with the state-run companies in Indonesia for a project worth USD9 billion to establish an electric vehicle (EV) battery supply chain in the country, a report published by The Korea Times on 18 Apr...
    21-Apr-2022 News Investments
    US EV maker Fisker sets up India headquarters in Hyderabad city
    US electric car company Fisker Inc said on 12 April 2022 that it has established its India headquarters in the southern city of Hyderabad in the state of Telangana. While the company views India as a strategic car market, it aims to also bank on the subcontinent’s engineering and software talent. ...
    Park'nPay app to be available via Apple CarPlay for users in Sydney, Australia
    Australian government funded Park'nPay app will be available to drivers in Sydney using Apple CarPlay from the center console, ITNews reported on 14 April. Additional features include real-time availability for on-street and off-street parking, and EV charging stations in some suburbs. While the app...
    Tata Motors unveils new electric SUV concept named Curvv
    Indian vehicle manufacturer Tata Motors Ltd unveiled an all-new electric sport utility vehicle (SUV) concept called Curvv on 6 April 2022. The company, which currently is the leader in the Indian electric passenger car market, said that the concept, in its production-ready version, will be launched ...
    08-Apr-2022 News New Products
    T-Hub ties up with Renault Nissan to support Indian automotive startups
    T-Hub has partnered with Renault Nissan Technology and Business Centre India (RNTBCI), Mint reported on 5 April. Under the partnership, RNTBCI will collaborate with automotive startups scouted by T-Hub. The startups will be able to pitch in front of RNTBCI access their global mentorship network. ...
    Toyota expands functionality of Toyota Connected Services in Australia
    Toyota has expanded the availability and functionality of Toyota Connected Services technology in Australia, it said in a press release on 9 March. The new Toyota Connected Services features will be available on LandCruiser 300 Series, HiLux, Fortuner, Yaris Cross, Camry, Granvia, and HiAce models. ...
    06-Apr-2022 News New Products
    Maruti Suzuki forms new division to focus on connected and EVs
    India’s largest carmaker, Maruti Suzuki has formed a new division for electric and connected vehicles called “New Mobility Division”, Economic Times reported on 5 April. The Economic Times cited a person in the know. This new team will report into Shashank Srivastava, senior ED, sales and mark...
    Adani Total Gas to set up 1,500 EV charging stations across India
    Adani Total Gas has announced plans to set up 1,500 electric vehicle charging stations (EVCS) across India, it said via a press release on 27 March. The company also has an expansion plan depending on the demand generation and momentum building of EV ecosystem in the country. It recently unveiled it...
    05-Apr-2022 News New Products
    Hyundai Motor Company inaugurates factory in Indonesia, rolls out Ioniq 5 EV
    South Korean carmaker Hyundai Motor Company has inaugurated its vehicle manufacturing plant in Indonesia, the company announced on 16 March 2022. The factory, named Hyundai Motor Manufacturing Indonesia, is located in Deltamas industrial complex near Cikarang, Indonesia, 40 km east of the capital ci...
    31-Mar-2022 News Investments
    Volkswagen China signs MoUs with Huayou Cobalt and Tsingshan Group to secure battery supply chain
    Volkswagen Group (China) has signed memorandums of understanding (MoUs) with Huayou Cobalt and Tsingshan Group to set up two joint ventures (JVs), securing the upstream and downstream of the battery cathode material supply chain, the company said in an official statement released on 21 March 2022. ...
    Suzuki Motor to invest USD1.26 billion in India to locally produce EVs and batteries
    Japanese carmaker Suzuki Motor Corporation (SMC) has signed a memorandum of understanding (MoU) with the state of Gujarat, India to invest about JPY150 billion (USD1.26 billion) on local manufacturing of electric vehicles (EVs) and EV batteries, the company said in a regulatory filing on 20 March 20...
    21-Mar-2022 News Investments
    Exide partners Great Wall–backed SVOLT Energy for lithium-ion battery manufacturing in India
    Indian battery maker Exide Industries has entered into a long-term technical collaboration with Great Wall Motor–backed mainland Chinese battery startup SVOLT Energy Technology Co. Ltd, the Kolkata-based company said in a regulatory filing on 10 March 2022. As part of the said multiyear techn...
    MG Motor India launches ZS EV with over 75 connected features
    MG Motor has announced that it has unveiled its ZS electric vehicle (EV) for the Indian market with over 75 connected car features, a company press release on 7 March read. The automaker says it will offer first-in-segment features like dual-pane panoramic skyroof, digital Bluetooth key, rear-drive ...
    10-Mar-2022 News New Products
    Automotive cybersecurity startup SecureThings.ai raises USD3.5 million in pre–Series A round
    SecureThings.ai has raised USD3.5 million in a pre–Series A funding round led by Inflexor Ventures, along with Accelerator fund 9Unicorns, RPG Ventures, and SAB Holdings, Financial Express reported on 10 February. Investors also included Shirish Shankhe, senior partner at McKinsey India; Kara...
    04-Mar-2022 News Investments
    MiX Telematics, SGESCO- MAX to provide safety solutions in Australia
    MiX Telematics has partnered with SGESCO- MAX in Australia to provide an integrated, end-to-end fleet eco-system, specifically targeting safety metrics for customers, it said in a press release on 2 March. SGESCO-MAX will be licensed to install and integrate two MiX offerings called MAX-SAFE Speed L...
    Steelbird partners with automotive cybersecurity company Cybellum
    Steelbird International has tied up with Israel-based cybersecurity company Cybellum Technologies under which it will introduce Cybellum’s advanced product security platform to Indian OEMs and component manufacturers, the Financial Express reported on 1 March. The partnership will enable vehicle m...
    EV startup Ola Electric plans 50 GWh battery plant in India
    Electric vehicle (EV) startup Ola Electric plans to build a battery cell manufacturing plant in India with a capacity of up to 50 gigawatt-hours (GWh), according to a report filed by news agency Reuters on 24 February 2022. The Softbank Group–backed Indian EV startup is looking to utilize 40 ...
    25-Feb-2022 News Investments
    India’s Adani Group signs MoU with Ballard Power Systems on hydrogen fuel cells
    Indian conglomerate Adani Group has signed a nonbinding memorandum of understanding (MoU) with Canadian hydrogen fuel cell technology company Ballard Power Systems to evaluate a joint investment case for the commercialization of hydrogen fuel cells in various mobility and industrial applications in ...
    Government of India’s guidelines drive installations of new public EV charging stations
    In a note released on the press information bureau (PIB) on 19 February 2022, the Government of India said that aggressive efforts undertaken through various implementing agencies have resulted in rapid growth in the deployment of public EV charging infrastructure. It said that there has been additi...
    Think tank Niti Aayog to publish India’s EV battery swapping policy in three months
    The Indian government-backed think tank Niti Aayog plans to publish the national battery swapping policy within the next three months, CEO Amitabh Kant told the Times of India (TOI) in an interview published on 7 February 2022. Earlier on 1 February 2022, while presenting the Union Budget for 2022...
    Bosch to invest around USD270 million in India for automotive technologies
    Bosch plans to make investments of up to INR20 billion (USD267.8 million) by 2025/26 in India, chairman Stefan Hartung said, as reported by the Times of India on 4 February. Half of the investment will be used to develop advanced automotive technologies and the other half will be used for building d...
    07-Feb-2022 News Investments
    India’s Finance Minister proposes formulation of EV battery-swapping policy
    Presenting the Union Budget for 2022–23 on 1 February 2022, India’s Finance Minister Nirmala Sitharaman said that the government is looking to develop a battery-swapping policy and will formulate interoperability standards for these batteries to encourage the adoption of electric vehicles (EVs) ...
    VinFast integrates what3words across its vehicle lineup
    what3words has announced that VinFast has integrated its solution across its entire electric vehicle (EV) lineup, according to a company press release dated 11 January. Vinfast says the collaboration is in line with its “Technologies for Life” approach of offering their customers exciting experi...
    Indian EV startup Ola Electric raises USD200 million, announces advanced R&D center in the UK
    Indian electric vehicle (EV) startup Ola Electric has raised over USD200 million from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and other investors, as the latest funding round values the company at USD5 billion, it said in an official statement on 24 January 2022. Over the ...
    31-Jan-2022 News Investments
    Tata Motors plans to sell 50,000 EVs in FY 2023, line up new models for launch soon
    Mumbai-based automaker Tata Motors plans to sell about 50,000 electric cars in FY 2022–23 and has sounded out its vendors to scale up production capacities accordingly, according to a news report filed by business daily The Economic Times (ET) on 17 January 2022. Providing an assured production...
    Government of India releases revised consolidated guidelines for EV charging infrastructure
    In a strategic announcement on 14 January 2022 to promote the adoption of electric vehicles (EVs) in India, one of the largest passenger car markets globally, the Union Ministry of Power, Government of India (GOI) said that it has promulgated the revised consolidated ‘Guidelines & Standards’...
    Government of India receives 10 bids with 130GwH capacity under PLI scheme for advanced batteries
    In an important announcement on 15 January 2022, the Ministry of Heavy Industries, Government of India (GOI) said that it has received bids from a total of 10 companies under the ‘Advanced Chemistry Cell (ACC) Battery Storage Programme’, which aims to create a large-scale electric vehicle batter...
    Intel planning semiconductor manufacturing unit in India
    According to a 29 December press release, chipmaker Intel intends to establish a semiconductor manufacturing unit in India and is likely to apply for incentives under the new scheme to promote manufacturing for the development of a sustainable semiconductor and display ecosystem. The announcement...
    Continental Automotive India’s Bengaluru plant produces 1 million ACUs annually
    Continental's Bangalore plant reached a milestone of producing 1 million airbag control units (ACUs) in a single calendar year, according to a press release dated 16 December. In 2016, the company began producing ACUs in its Bangalore plant. To meet the growing market demand, the company added addit...
    Tata Motors incorporates Tata Passenger Electric Mobility as a wholly owned subsidiary
    Indian vehicle manufacturer Tata Motors has incorporated a wholly owned subsidiary named Tata Passenger Electric Mobility Ltd (TPEML), with an initial capital of INR7 billion (USD93 million), the company said in a regulatory filing on 22 December 2021. The new subsidiary will be involved in manufact...
    Indian auto component industry grew 65% to USD26.6 billion y/y in H1 FY 2021: ACMA
    The Indian automotive component industry has registered 65% year-on-year (y/y) growth to USD26.6 billion in the first half of fiscal year (FY) 2021, the Automotive Component Manufacturers Association of India (ACMA) said on 21 December 2021 during an industry performance review conference. The AC...
    India approves USD10-billion plan for semiconductor manufacturing
    According to a Reuters press release dated 15 December, India has approved a USD10-billion incentive plan to attract semiconductor and display manufacturers, the country's technology minister said on Wednesday, as part of a stepped-up push to establish the country as a global electronics production ...
    Sona Comstar opens a new R&D center in Chennai for electric mobility
    Indian supplier of driveline and electrical components Sona Comstar has opened a new state-of-the-art research and innovation center in Chennai, the company said on 13 December 2021. The company aims to develop advanced products for the next generation electrified vehicles at the new research and de...
    AEB to be mandatory in all passenger cars in Australia from 2023
    The Assistant Minister to the Deputy Australian PM announced via media release on 11 November that the Australian Government had mandated Advanced Emergency Braking (AEB) systems for all new passenger and light goods vehicles from 2023. According to the release, the vital step was part of th...
    Hyundai Motor India to invest over USD530 million, plans to launch six BEVs by 2028
    South Korean carmaker Hyundai Motor India Ltd (HMIL) announced on 8 December 2021 that the company plans to invest INR40 billion (USD530.2 million) on research and development toward rolling out six new battery electric vehicles (BEVs) by 2028. The said six electric cars it plans to launch would be ...
    08-Dec-2021 News Investments
    Australian Centre for Field Robotics and Cohda Wireless develop x-ray style vision for cars
    Australian Centre for Field Robotics has partnered with Cohda Wireless and iMOVE Cooperative Research Centre to develop a technology enabling autonomous vehicles track moving pedestrians and cyclists obscured by buildings and vehicles, the University of Sydney said in November. The technology is ...
    Apollo brings premium tire brand Vredestein to India
    Tire manufacturer Apollo Tyres announced via press release on 24 October that it had launched its premium European brand Vredestein in India. According to the press release, the Vredestein brand of tyres will be manufactured at the company’s state-of-the-art facilities in India and will cater t...
    Autonomous vehicle startup MooVita secures investment funding
    MooVita has announced that 1Derlife Growth and SEEDS Capital have invested in the Singapore-based autonomous vehicle tech start-up in its Series A fundraising round, which closed at the end of October, according to a press release dated 23 November. The investment by 1Derlife Growth and SEEDS Cap...
    Indian automaker Mahindra & Mahindra to launch 16 new electric vehicles by 2027
    Indian vehicle manufacturer Mahindra and Mahindra (M&M) plans to launch 16 electric vehicles (EVs) across passenger cars and light commercial vehicles (LCVs) by 2026–27, the company said in its investor presentation on 9 November. The product launch plan is part of M&M’s overall amb...
    15-Nov-2021 News New Products
    Tata selects Apollo Alnac 4G tires for mini SUV Punch
    Indian tire manufacturer Apollo Tyres announced via press release on 19 October that its Alnac 4G tires had been selected for OE fitment on the new mini SUV Tata Motors Punch. According to the release, the 195/60 R16 size variant of the Alnac 4G would be exclusively fitted on the top models ...
    Bosch to invest more than EUR400 million in its semiconductor fabs
    According to an official press release, German technology company Robert Bosch has set aside more than EUR400 million (USD467 million) for investments in microchip production in Germany and Malaysia next year in order to alleviate a global shortage. The majority of Bosch's budget will be spe...
    29-Oct-2021 News Investments
    Thalamus Irwine, Triton EV join hands to develop autonomous vehicles in India
    According to a press release published in the Economic Times on 15 October, Thalamus Irwine, a well-known artificial intelligence (AI) with roots in India, has partnered with New Jersey-based Electric Vehicle Manufacturer - Triton EV to accelerate India's Autonomous Future. The MOU signed by the ...
    Maruti Suzuki launches virtual car assistant app for NEXA customers
    Maruti Suzuki has launched an AI-based 24x7 virtual car assistant app called “S-Assist” for its NEXA customers, it said in a press release on 30 September. The voice-enabled virtual car assistant helps provide immersive online post-purchase experience to customers. “Digitization of car serv...
    04-Oct-2021 News New Products
    ACO Tech unveils in-vehicle infotainment OS ATLAS
    ACO Tech has unveiled ATLAS in-vehicle infotainment operating system, according to its press release on 30 September. ATLAS, which stands for ACO Tech Local Automotive Services, is also supported by a complimentary mobile application called ATLAS Auto. ACO Tech has invested over CNY30 million (USD7....
    01-Oct-2021 News New Products
    Automakers and suppliers to reinvent supply chain amid chip shortage
    Despite chip plants effectively running on full capacity, the global chip-shortage crisis may not be resolved next year, warned executives from German automotive companies during the IAA Mobility 2021 show in Munich. Top executives from several companies have publicly stated that they do not know...
    Volkswagen Australia recalls MY 2021 Passat models due to brake assembly issue
    According to the Australian Department of Infrastructure, Transport, Regional Development and Communications Recall report REC-004962 published on 23 September, automaker Volkswagen Australia is recalling 95 model year (MY) 2021 Passats to address a brake booster issue. According to the report, t...
    29-Sep-2021 News Recalls
    Lumax, Alps Alpine Asia JV unveils premium car audio range for India
    According to press release on IndiaToday dated 7 September, Lumax-DK Jain Group and Alps Alpine Asia Co. Ltd. unveiles the premium range of Alpine car audio infotainment systems for India. Mizuki Kanai, senior manager, brand business, Alpine Asia said, “Alpine is a total car-life solu...
    21-Sep-2021 News New Products
    Suzuki Connect advanced telematics to be available in Maruti Suzuki’s ARENA channel
    Maruti Suzuki India has introduced its advanced intelligent telematics technology, Suzuki Connect, for the vehicles in its ARENA channel, it said in a press release on 9 September. The service uses a Telematics Control Unit (TCU) to exchange information through cellular network with a cloud-based se...
    13-Sep-2021 News New Products
    Hatch awarded engineering design contract for the Nolans NdPr mining project
    Australian mineral exploration company Arafura Resources Limited announced via a press release on 30 August that it had appointed Canadian engineering and development consultancy Hatch to carry out engineering and procurement services at the Nolans hydrometallurgical plant. According to Arafura, ...
    Maruti Suzuki's production hit due to semiconductor chip shortage in India
    According to a CNBC press release dated 31 August, India's largest carmaker Maruti Suzuki warned on Tuesday that vehicle production in September will drop by 60% due to a chip shortage, joining a slew of global automakers facing a pandemic-led scarcity of critical components. The company, which h...
    Porsche to expand engineering and assembly operations in Asia
    Germany-based sportscar manufacturer, Porsche, has announced that it is expanding its presence and operations in the Asian region. According to a press release issued by Porsche on 30 August, the company is establishing a new permanent research and development satellite in Shanghai, China, and a sma...
    31-Aug-2021 News Investments
    VVDN joins NVIDIA partner network for AI-based camera and vision applications
    VVDN Technologies, a premier electronic product engineering and manufacturing company, announced on August 18 that it has joined the NVIDIA Partner Network (NPN) as a provider of artificial intelligence (AI)-enabled computer vision solutions powered by the NVIDIA Jetson edge AI platform. The NPN ...
    MG Motor India unveils SUV Astor with AI assistant, Level 2 autonomous tech
    According to official press release dated 18 August, SAIC-owned MG Motor India on Wednesday unveiled the upcoming mid-size SUV Astor which features personal Artificial Intelligence (AI) assistant and Autonomous Level 2 technology. Rajeev Chaba, president and MD, MG Motor India, said, "As an auto-...
    19-Aug-2021 News New Products
    Mahindra launches XUV700 SUV in India with over 60 connected car features
    Mahindra & Mahindra has launched its XUV 700 SUV with over 60 connected car features, Alexa voice control system, ADAS features, and safety systems like Driver Drowsiness Monitoring among others, Financial Express reported on 14 August. Mahindra will launch optional packs for the SUV later wi...
    16-Aug-2021 News New Products
    Honda introduces Google Assistant for MY 2021 Honda City models in India
    Honda has introduced an updated version of Honda Connect in India, Hindustan Times reported on 29 July.  It has launched Honda Action on Google, which will be featured in the fifth-gen Honda City sedan. The new update will allow customers use Google Assistant with Ok Google voice commands. ...
    Toyota launches Halo connected fleet management solutions for businesses in Australia
    Toyota has launched Halo connected fleet management solutions in Australia in partnership with Fleetsu, the company said in a press release on 27 July. Toyota Halo leverages Fleetsu's platform to deploy a suite of connected vehicle solutions. Toyota Halo software offers customers the ability to proc...
    Lexus joins Australian Integrated Multimodal EcoSystem to trial V2I technology
    Lexus has joined the Australian Integrated Multimodal EcoSystem (AIMES) technology development initiative to test vehicle-to-everything (V2X) technologies, specifically V2I technology (V2I), news.com.au reported on 20 July. Two high-tech Lexus RX hybrids modified with Dedicated Short-Range Commun...
    India-based G G Engineering launches EV charging station
    G G Engineering Ltd. has announced that it has launched a new line of electric vehicle (EV) charging stations. According to a report filed by ET Auto on 8 July, the company’s new charging station ranges in power output from 3 kW to 22 kW. The production and distribution of these new charging st...
    16-Jul-2021 News Investments
    Tata Motors to launch electric sedan XPRES-T EV for fleet applications
    Indian carmaker Tata Motors has announced the launch of a new brand ‘XPRES,’ exclusively for fleet customers. According to a press release issued by Tata Motors on 14 July, under the new XPRES brand, it would introduce new model offerings that cater to fleet-specific needs of safe...
    15-Jul-2021 News New Products
    EV startup Magenta sets up public EV charging station in Mumbai, India
    India-based EV charging solutions provider Magenta has announced that it will set up a new public electric vehicle (EV) charging station in the Navi Mumbai region of Mumbai city. According to a report filed by ET Auto on 13 July, Magenta plans to install 4,000 EV charging points by March 2...
    15-Jul-2021 News New Products
    India-based Rico Auto to supply component for Toyota’s hybrid vehicle
    Indian automotive components supplier Rico Auto has announced that it will be supplying components for a Toyota hybrid vehicle. At the company’s fourth quarter 2021 earnings conference call held on 23 June, Arvind Kapur, the chairman, CEO, and managing director of Rico Auto, stated that ...
    MG Motor, Fortum set up 50 kW public EV charging station in India’s Pune city
    British car maker MG Motor has announced that it has collaborated with Fortum Charge & Drive India to establish a 50 kilowatt (kW) fast charging station for electric vehicles (EVs) in the Indian city of Pune. According to a report filed by news agency ET Auto on 10 July, this facility is in...
    13-Jul-2021 News Investments
    Grab aims for a full fleet running on cleaner energy by 2030
    Grab Singapore has released its 2030 Transport Sustainability Goal, which entails the ride-hailing and transport company to target its full fleet running on cleaner energy by 2030, the company said in a press release on 7 July. “This goal is set as part of the broader GrabForGood initiativ...
    Indian government mandates airbags for front seat passengers from 1 December
    The Government of India has announced that airbags for both front occupants will become mandatory from 1 December 2021 onward on all new cars sold in the country. According to a report filed by news publication ET Auto on 27 June, this rule also applies to existing car models, and it was deferr...
    GCG Asia to invest in EV battery factories in Malaysia
    Go Charge Go Asia Malaysia (GCG Asia) has announced that it is entering into the electric vehicle (EV) battery manufacturing space in order to provide automotive OEMs in the Southeast Asian region with a localized battery supply chain, in response to the steady movement of car makers towards electri...
    02-Jul-2021 News Investments
    Hyundai expands partnership with Grab to accelerate EV adoption in Southeast Asia
    Hyundai Motor has announced an expansion of its partnership with Grab Holdings in Southeast Asia, the automaker said in a press release on 22 June. The next phase of the partnership will focus on accelerating electric vehicle (EV) adoption in Southeast Asia. Hyundai, Kia, and Grab will ...
    GlobalFoundries to build new fabrication plant in Singapore
    According to a press release from Reuters, the United States-based semiconductor manufacturer GlobalFoundries announced on June 22nd that it will build a new fabrication plant in Singapore to meet the unprecedented global demand for chips. The new facility will be built in collaboration with...
    23-Jun-2021 News Investments
    Indian supplier Amara Raja Batteries to invest in Li-ion battery technology
    Indian battery maker Amara Raja Batteries (ARBL) is planning to invest in developing lithium-ion (Li-ion) battery technology, ETAuto reported on 14 June citing a company release. The investment will be for establishing a New Energy strategic business unit for lithium cell and battery pack, EV charge...
    16-Jun-2021 News Investments
    New Zealand announces new rebates for electrified vehicles from 1 July
    The Government of New Zealand is taking action in line with the advice of the Climate Change Commission to increase the uptake of low emission vehicles by introducing a range of measures that will help meet the country’s 2050 carbon neutrality target and create jobs to support economic recovery. A...
    ZF Steering Gear (India) to temporarily suspend MP plant for ten days in June
    Steering gear systems supplier ZF Steering Gear (India) has announced that its plant in Madhya Pradesh will remain closed for 10 days, reports Business World quoting a regulatory filing the company has submitted. Significance: ZF Steering Gear (India) has suspended operation at its Pithampur plan...
    Subaru recalls 38,755 vehicles in Australia over issue with rear stabiliser bracket bolts
    Subaru is recalling 38,755 vehicles in Australia over an issue with rear stabiliser bracket bolts, according to a recall notice on the Australian Competition and Commission (ACCC) website on 2 June 2021. The recall affects model year (MY) 2018–19 Subaru XV and Forester vehicles. Significance: I...
    04-Jun-2021 News Recalls
    Primobius enters Li-ion battery recycling sector with Stelco
    Primobius has signed a memorandum of understanding (MoU) for a 50:50 JV with Stelco, a wholly-owned subsidiary of Stelco Holdings Inc., a steel manufacturing company headquartered in Hamilton, Ontario, Canada, to establish a battery recycling business in North America, according to a company press r...
    Motherson Sumi’s FY 2020/21 revenue down 5.5% y/y to USD7.7 billion
    Motherson Sumi Systems has reported a 5.5% year-on-year (y/y) decline in revenue from operations to INR 569.51 billion (USD7.7 billion) for the fiscal year ended 31 March 2021. Profit before tax amounted to INR11.73 billion, down 27.7% y/y. Net Profit attributable to owners of the company also fell ...
    MG Motor India partners with Attero to reuse, recycling Li-ion EV batteries
    MG Motor India has joined hands with clean tech provider, Attero according to a company press release on 28 May. The automaker aims to make use of recycled li-ion batteries from electric vehicles (EVs) in India after their end of life. Significance: Rajeev Chaba, president and managing director, ...
    Indian state Karnataka offers 15% capital subsidy to investors in EV sector
    The Cabinet of India’s Karnataka State Government has decided to offer 15% capital subsidy to investors in electric vehicle (EV) sector, according to a report by ET Auto on 27 May 2021. The government will offer a 15% capital subsidy on the value of fixed assets over five equal annual payments, La...
    Foxconn partners with energy group PTT to build EVs in Thailand
    Foxconn and PTT have signed a memorandum of understanding to collaborate in setting up an open platform for producing electric vehicles (EVs) and main components to serve the EV sector in Thailand. The partnership also includes a new joint venture being set up. According to a company press releas...
    SAIC-GM-Wuling’s subsidiary to help draft NEV policies in Indonesia
    SAIC-GM-Wuling’s subsidiary in Indonesia will be helping draft local new electric vehicle (NEV) industry standards and policies, to boost shift towards electrification in Malaysia, China Daily reported. Significance: In a statement to China Daily, the carmaker said, “We will actively par...
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