Orocobre Acquires Galaxy Resources For $1.4 Billion To Form World’s Fifth Most Valuable Lithium...

Both the companies are looking at combining their minerals and chemicals assets in the company, along with assets across Australia, Argentina, Canada and Japan  Lithium mining firm Orocobre Ltd is acquiring Australian public mining company Galaxy Resources for $1.4 billion....

MediaTek Teaming Up With OEMs In in 5G, IoT To Strengthen Its India...

It has introduced its flagship System-on-Chip (SoC), Dimensity 1200, in the Indian market MediaTek has two R&D centers in India located in Noida and Bangalore MediaTek has announced plans to further strengthen its India footprint by enabling the smart...

EU Seeks Greater Taiwanese Investment Amid Global Chip Shortage: Report

The report added that German Economy Minister Peter Altmaier wrote to Taiwan's government this year asking for help to ease tight chip supplies, and Europe is also encouraging more chip production at home. Filip Grzegorzewski, the EU's de...

Schneider Electric Launches Project With Principal Suppliers To Halve Carbon Emissions

Under this project, the automation company will provide tools and resources to the program participants to help them set and achieve their own carbon reduction targets Aiming to reduce its carbon footprint, Schneider Electric has announced the launch of a...

Nokia and Chunghwa Telecom Team Up To Accelerate 5G expansion In Taiwan

The expansion, which supports Chunghwa Telecom’s primary business objective to accelerate 5G rollout this year, focuses on high traffic areas and locations with high business demand The network will also be designed specifically to leverage Nokia’s competitive 5G...

GM Invests $139 Million in Li-Metal Battery Firm SES

Earlier, GM had revealed that it will be collaborating with SES to create efficient batteries which allow for a higher electric vehicle driving range in a smaller package General Motors is yet again ready to mark its presence in the...
partnership

Foxconn, Wisconsin Reach New Deal On Scaled Back Project: Report

The original deal with nearly $4 billion in state and local tax incentives was struck in 2017 by then-Gov. Scott Walker The details of the new deal were not immediately released As per a report by the Associated Press,...

Battery Maker Svolt In Talks To Raise $462-$770 Million: Report

SVOLT, which is making EV batteries in China's eastern city of Changzhou and Wuxi, will have a global production capacity of battery cells of around 200-gigawatt hours (GWh) in 2025 The company is also building a battery factory...

Toyota Aims To Launch 15 BEVs By 2025, Expand EV Product Portfolio

The company also stated that it will increase its number of electrified models from the currently offered 55 to around 70 by 2025 Aiming to achieve carbon neutrality before 2050 by expanding its electric vehicle lineup, Toyota Motor Corp has...

Nokia and LG Uplus Sign Deal to Tap South Korea’s 5G Equipment Market

Nokia announced that it will deploy its small cell AirScale Indoor systems in indoor locations across the country Finnish telecom equipment manufacturer Nokia and South Korean mobile carrier LG Uplus have signed a contract under which the Finnish telecom equipment...

MeitY Launches Three New Initiatives With NIXI To Promote IPv6 Adoption in India

The initiatives are being spearheaded by NIXI to increase Internet protocol version IPv6’s awareness and adoption in the country The Ministry of Electronics and IT (MeitY) announced the launch of three new initiatives by the National Internet Exchange of India...

SPDA Seeks More Time From Government For Commissioning Solar Projects Amid Pandemic

It has requested MNRE for a blanket extension of an additional three months in SCoD (scheduled date of commissioning) of solar power projects in addition to five months granted by MNRE earlier The government had taken the problems...

Nornickel To Supply Nickel, Cobalt To Johnson Matthey For Battery Materials: Report

It said that it would boost output of nickel products at its Harjavalta refinery in Finland Johnson Matthey said it would partner with Finland's state mining investment firm Finnish Minerals Group to locate a second commercial plant for...

Lohum To Invest Up To Rs 250 Crores In Three Years On Capacity Expansion

The company, which currently has battery manufacturing capacity of 300 megawatt-hours per annum, plans to set up a new unit at Greater Noida to take its total battery manufacturing capacity to a "gigawatt-hour scale" Lohum Founder and CEO...

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Hero MotoCorp And Taiwan’s Gogoro Form JV To Accelerate E-Mobility In India

The venture will develop and launch Hero-branded electric two-wheelers across various Indian cities that will be powered by Gogoro’s battery network Aiming to accelerate the...

Foldable Smartphone Market Expected to Grow, Reach 18 Million Units by 2022: Report

Samsung has been a pioneer in the field and had rightly held over 80 per cent of the total market share for foldable smartphones...

Covid 19 Has Had Positive Impact on The Robotics Industry: Beroe

Robotics trends are driven by factors like lower labor costs as the need for human resources is reduced. Around $5,000 to $10,000 is the...

LG Chem Launches Second CNT Plant, Looks To Become A Global CNT Leader

Plans of construction of a third plant are also underway this year Eyeing the rapidly rising demand for electric vehicles globally, LG Chem announced the...

Residential Sector EV Chargers Will Sell More Than The Commercial Ones: Technavio

43 per cent of the market's growth will originate from APAC during the forecast period. China is a key market for electric vehicle chargers...