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Welectric and MoEVing Partner to Accelerate Adoption of EVs In Last-mile Delivery

In a joint statement, the companies said that they look forward to growing this partnership in the next few quarters to over 1,000 e2Ws across major cities in India Electric mobility startups Welectric and MoEVing are collaborating together to accelerate...

Sensor Market to Reach $345.77 Billion, Globally, by 2027

Asia-Pacific, followed by North America, had the major share in 2019. The radar sensor segment contributed to nearly one-fifth of the global sensor market share in 2019 The global sensor industry was estimated at $166.69 billion in 2019. It, as...

Anupam Rasayan To Invest Rs 43 Crore To Set Up A 12.5 MW Solar...

Anupam Rasayan has issued a letter of intent to install solar power by investing a sum of Rs 43 crore The company operates six manufacturing facilities in Gujarat. Anupam Rasayan came out with Rs 760 crore initial public...

Motherson Sumi Acquires Bombardier’s Electrical Wiring Business

In October last year, the company had announced the acquisition of Bombardier's Mexico-based EWIS business for around $10 million through its Mexican subsidiary, Motherson Rolling Stocks (MRS) In the past, the company had also acquired Bombardier's UK rolling...

Solid State Battery Company Raises Investment From Ford and BMW

The company is currently producing 20 ampere hour (Ah) multi-layer all solid-state batteries on the it's continuous roll-to-roll production line Solid Power, a producer of all solid-state batteries for electric vehicles has raised $130 million Series B investment round led...

Amara Raja Batteries Receives Closure Orders From APPCB For Andhra Plants

It is reviewing the orders and will take all necessary steps as may be necessary and available to protect the interests of all stakeholders. The company supplies batteries to segments like defence, hospitals, automotive and telecom Amara Raja Batteries...

Silicon Wafer Shipments Set New Record in First Quarter of 2021

First-quarter 2021 silicon wafer shipments saw 14 per cent growth from the 2,920 million square inches logged during the same quarter last year Worldwide silicon wafer area shipments increased four per cent to 3,337 million square inches in the first...

Automotive Semiconductors: Asia-Pacific Expected to Emerge as The Fastest Growing Market

One of the major factors driving the growth of global automotive semiconductor market is growing production of electric vehicle globally Global demand for Automotive Semiconductor Market Size, in terms of revenue, was worth of USD 45.98 Billion in 2020 and...

Helios Technologies Appoints Billy Aldridge as MD of Enovation Controls

Aldridge has over 21 years of experience in the electronic and operations industry Electronics controls solutions provider Helios Technologies Inc. has appointed Billy Aldridge as the Senior Vice President and Managing Director of Enovation Controls LLC, effective May 3, 2021.  Aldridge...

Qpi Technology Forays into Manufacturing Solid State Batteries

The company also has plans to manufacture Quantum batteries in future. It is also looking to partner with battery suppliers, distributors, electronics OEM and EV manufacturers around the world Dr Nagendra Nagaraja, Founder, CEO and Chairman of Qpi Technology has...

Ola Electric Looking to Launch Its E-Scooter Internationally This Year: CEO

This expansion comes as Ola’s looks to moving mobility into a more sustainable, accessible and connected future Ola Electric is planning to expand its business operations by taking its electric scooter to the international market to countries like France, Italy...

Tata Power Considering $473 Million IPO For its Renewable Business

Once approved, the proposed listing in Mumbai could take place this year itself, said the sources Tata Power Co. is considering raising an initial public offering (IPO) of around Rs 35 billion  ($473 million) for its renewable energy business, according...

Intel To Invest $600 Million To Expand Chip, Mobileye R&D In Israel: Report

Intel is investing $400 million to turn its Mobileye unit headquartered in Jerusalem into an R&D campus for developing self-driving car technologies Another $200 million will be invested in building an R&D centre, called IDC12 As per a report...

Bajaj Electricals Wholly Acquires Starlite Lighting for Rs 60 Crore

An evaluation of a potential merger of SLL with Bajaj Electricals is also being commenced by the company’s board of directors Bajaj Electricals announced that it has acquired the remaining stakes of Starlite Lighting Ltd for Rs 60 crore from...

Recent Posts

EV Infrastructure Firm TeraWatt Hires Former Google Head of Energy Strategy as CEO

While at Google, Neha Palmer helped the company grow from eight data centers to operating dozens of data centers on four continents  US-based electric vehicle...

Infineon Expands Supplier Base, Partners With Japan’s Showa Denka for SiC Material

The contract between Infineon and Showa Denko K.K. has a two-year term with an extension option Amid an aggressive demand for chips, German semiconductor manufacturer...

NTPC Renewable Energy Signs PPA To Sell Power From Its 150MW Solar Project

As per a company statement, it will sell power at a tariff of Rs 2.20 per kWh NTPC Ltd, India’s largest energy provider, announced that...

Saietta Group and Padmini VNA To Jointly Develop AFT Motors for Indian EV Market

AFT is designed to deliver the power and torque required by 100cc+ two-wheelers at just 48V-120V British electric motor manufacturer Saietta Group has signed an...

Ola Electric Appoints N Balachandar as Chief HR Officer

Balachandar’s appointment comes close on the heels of Wayne Burgess who joined Ola Electric recently as Head of Vehicle Design Ola Electric is accelerating its...