EV Battery Market to Reach 40.6 Million Units By 2026: Report

The report said that the growth is driven by the growing need to reduce dependence on non-renewable energy sources Asia-Pacific is expected to dominate the electric vehicle market as per the report The global EV battery market volume is...

5 Chinese Firms To Invest Rs 800 Crore in Greater Noida to Set...

Companies from Korean and Taiwan have also showed interest towards investment in the region for setting up manufacturing units Holitech India Private Limited has handed over letters of intent of its five partner companies to set up units...

Hyundai Starts Feasibility Study For Fuel Cell Electric Vehicles in India

Hyundai has also announced the "Strategy 2025" through which it aims to sell 670,000 electric vehicles annually Earlier this year, Hyundai launched Kona, a long range electric vehicle in India According to a report by the Economic Times, Hyundai...

Global Memory Chip Market All Set To Rebound Next Year: Report

The NAND flash market is all set to suffer a 27 per cent decline in sales this year The DRAM market will drop 37 per cent, the poorest growth among 33 IC products South Korea's two major chipmakers...

SB Energy to Invest Rs 30,000 crore in Renewable Energy Sector in Gujarat

SB Energy is a sister company of Soft Bank of Japan Gujarat has 8,885 MW as its present installed capacity of renewable energy SB Energy has announced that it will be investing USD four billion or Rs 30,000 crore...

LG to Make EV Battery Cells With General Motors in USA

The duo has announced an investment of $2.3 billion through a new, equally owned, joint venture company This investment builds on GM’s $28 million investment in its Warren, Michigan battery lab announced late last year General Motors (GM) and...

Global Automotive Sensor Market To Grow Over $71.62 billion by 2029: BIS Research

The value of the global automotive sensor market is estimated at $35.92 billion in 2019 APAC will continue to dominate the automotive sensor market in the forecast period The global automotive sensor market is projected to grow over...

Qualcomm Is Working With Jio, Flipkart, Amazon To Offer 5G Services

India could be instrumental in building new use cases for 5G There is no technological reason for not to deploy 5G as per the company According to a report by Reuters, Qualcomm has said that it is working with...

General Motors Teams Up With LG Chem Worth $2.3 Billion To Produce ...

The new facility will provide employment opportunities to up to 1,100 people The battery plant will have a capacity to produce more than 30 gigawatt hours of battery cells a year General Motors (GM) has entered into a joint...

EV Adoption Target Forecast to be Driven by Commercial Vehicles: BIS

The electric vehicle (EV) ecosystem market in India is forecast to reach $216.3 billion by 2030 EV ecosystem market includes three major sectors, namely electric vehicle market, battery market, and charger market Two and three wheeler vehicles will...
Electronics Manufacturing working on engineers

Hyderabad Is Turning Into An Electronics Hub: Jayesh Ranjan

Many companies are looking at Hyderabad to set up their electronics facility Jayesh Ranjan also asked American auto products company to consider manufacturing in India According to a report by Telengana Today, Jayesh Ranjan, principal secretary, Telangana Industries and...

130 Proposals Worth Rs 2,63,704 Crore Approved For Defence Manufacturing: Shripad Naik

The government has accorded 130 proposals in the last three years from 2016-17 to 2018-19 and September of this year The Defence Procurement Policy aims to achieve substantive self-reliance in the design, development and production of equipment, weapon...

Hyundai To Focus On Electric Vehicles in $52 Billion Investment Plan

The company has set a deadline of 2025 to put itself among the world’s top three makers of battery and fuel cell vehicles It also aims to cut raw material costs by 34.5 trillion won through 2022 According to...

Mercedes and Audi All Set To Enter EV Market

Mercedes-Benz India stated that the global portfolio is building and has already been built up to a certain extent Audi informed that they are upbeat about the Audi e-Tron India prospects and are targeting to sell as many...

Recent Posts

European Union Project to Provide €3.2 Billion For R&D In Lithium-Ion Battery

The funders for the project include Belgium, Finland, France, Germany, Italy, Poland and Sweden Areas of interest for the project include creating battery...

Korea-based GS E&C Enters Renewable Energy Sector in India

The company has entered India through a collaboration with ReNew Power Renew Power will hold a majority 51 per cent equity under the...

Make in India: Why are we struggling?

What ails domestic manufacturing in the Indian electronics industry, and how do we overcome these obstacles? Here are some insights. By Srinivasa Moorthy S.A. Having worked...

“My core success mantra is ‘As you sow, so shall you reap’ and that...

Anuj Sidharth, deputy director, marketing and communications at MediaTek has spent the key years of his career at the centre of the telecom revolution....

Novonix Teams up With Samsung SDI To Supply Anode Material For Lithium-Ion Batteries

Novonix will supply at least 500 tonnes of the battery material for electric vehicle batteries in the first phase from October 2020 Artificial...