Hero Motors Acquires Strategic Stake In UK-Based Hewland Engineering For Undisclosed Amount

It will give HMC access to Hewland's established motorsport customer base in the UK It will also help to aggressively pursue opportunities among global OEMs and Tier One suppliers Hero Motors Company said that it has acquired a strategic...
partnership

Aeva To Team Up With Denso On ‘Mass Market’ Lidar Sensors:Report

Aeva is in the process of becoming publicly traded through a reverse merger with blank-check firm InterPrivate Acquisition Corp in a deal that has raised $563 million Beyond saying the two they are targeting a mass market, Aeva...

Ampere Electric Appoints Roy Kurian As Chief Operating Officer

Prior to joining Ampere Electric, Roy was associated with Yamaha Motors for 17 years as the SVP Recently, it had announced that Thiruppathy Srinivasan will be joining as Chief Technology Officer (CTO) and Head of Manufacturing Ampere Electric has...

BMW Aims To Double Fully-Electric Vehicle Sales In 2021: Report

It did not give sales volumes for its fully electric vehicles but in 2020 data released, BMW said it sold close to 193,000 electrified vehicles - fully electric and plug-in hybrid last year BMW said that its global...

Worldwide Battery Management System To Reach $14,422 Million By 2026: Polaris Market Research

North America is expected to be the leading contributor to the global market revenue during the forecast period During the forecast period distributed and modular topologies are expected to represent strong growth The worldwide battery management system (BMS) market...

MeitY to Establish a Quantum Computing Applications Lab

The MeitY Quantum Computing Applications Lab will provide quantum computing as a service togovernment ministries and departments, researchers, scientists, academia, and developers The Ministry of Electronics and Information Technology (MeitY) in India will establish a Quantum Computing Applications Lab in...

Ford’s Production In India To Be Impacted By Semiconductor Shortage

The company is already advancing week-long shutdown to this week at its Chennai factory Ford India, which has two factories in Chennai and Sanand in Gujarat, expects the issue that is affecting the entire automotive sector to continue...

Shell-Owned German Solar Battery Company Sonnen Aiming For Growth: Report

The report added that Oliver Koch, who became chief executive in September, said sonnen’s batteries held big potential The report added that independent market research cited by sonnen shows there were 180,000-200,000 batteries installed in Germany in early...
partnership

ZF To Produce Ibeo And SICK 3D Solid-State LiDAR For Industrial Applications

Presently, ZF produces the LiDAR Sensor for Ibeo- a company in which it holds a 40 percent stake SICK will develop the system design and the application software for a new industrial LiDAR sensor so that industrial applications...

Rajasthan Government Writes To Tesla Offering Land In Bhiwadi For Manufacturing Unit: Report

The Rajasthan government in the letter reached out to the company saying “consider Rajasthan state as a location for your future manufacturing unit In India.” Just a few days back, Tesla had registered its Indian entity in the...

Tigo Energy Raises $20 Million In Funding

The investment will be used to improve upon existing products and develop next generation solutions that maximise returns for PV customers The company will continue to invest in the personnel, systems and business process improvement to market and...
partnership

Britishvolt Enters Exclusive Technology Collaboration With Siemens UK

The collaboration will see Siemens provide Britishvolt with access to its automation, electrification solutions and Digital Twin manufacturing execution technology Siemens will also provide Britishvolt with its latest design and simulation development tools Britishvolt has announced that it has...

Daimler To Cut Production Over Chip Shortage: Report

The report added that the company will reduce production in Bremen, the Handelsblatt daily reported citing unnamed company sources Recently, Volkswagen and its subsidiary Audi said that they would temporarily cut production and furlough workers as the auto...

Ravi Shankar Prasad Urges Japanese Electronics Industry to Invest in India

Prasad highlighted that during COVID19, due to attractive polices like PLI and SPECS large amount of investments have come to India in the field of electronics manufacturing India and Japan signed MoU to enhance cooperation in the field of Information...

Recent Posts

Zypp Plans 5k Battery Swapping Stations In 100 Cities In Three Years: Report

This year, the company will expand to 30 cities including Mumbai, Pune, Hyderabad, Chennai, Bengaluru, Chandigarh, Lucknow, Meerut, Indore, Bhopal and several other...

MediaTek To Use TSMC 6-Nanometer Tech For Flagship 5G Phone Chips: Report

MediaTek designs chips and then contracts out production to outside firms The newest chips will be made at TSMC, on a chipmaking technology...

Ola, Siemens To Build EV Hub In Tamil Nadu For Rs 2,400 Crore

Just a month back, Ola has signed the MoU with the Tamil Nadu government for an investment of Rs 2,400 crores in setting...

Allied Electronics & Automation Adds Industrial Supply Product Lines From TORK, POLARIS, WarriorWrap, E2S,...

Allied will continue to expand its product portfolio throughout 2021 and beyond to meet customers' wide-ranging needs They will enhance Allied's available selection...

Global Semiconductor Intellectual Property Market To Reach $8.81 Billion By 2026: ResearchAndMarkets

It will grow at a CAGR of 7.5 per cent from 2019 to 2026 Increasing production of mobile devices, growing adoption of connected...