Grinntech To Set Up EV Battery Manufacturing Facility In Tamil Nadu

A company statement said that it has planned an outlay of almost Rs 100 crore for research and development, product development and production facilities The company also announced the appointment of E Balasubramoniam as its president Grinntech, an IIT-Madras...

Altair Acquires M-Base Engineering +Software GmbH

The acquisition of M-Base is an important step to deliver comprehensive material information and infrastructure to predict and optimise product performance through simulation M-Base will bring to Altair first-rate plastics material data supplied directly by material producers, deep...

EV Battery Reuse Market To Exceed $1.5 Billion By 2026 : Global Market Insights

The EV battery reuse market from battery electric vehicle is anticipated to see significant growth due to growing replacement of batteries As per International Energy Agency (IEA), a total of 7.2 Million electric vehicles were sold globally in...

Aequs To Invest Rs 3,500 Crore To Set Up Consumer Electronics Cluster In Karnataka:...

The investment was cleared at the State High Level Clearance Committee (SHLCC) chaired by the Karnataka chief minister, B S Yediyurappa This investment is expected to generate around 20,000 jobs As per a report by Livemint, the Karnataka government...

Magenta Power Teams Up With eMatrixmile To Set Up 10,000 EV Charging Stations Across...

The agreement with eMatrixmile is to provide ''socket-to-software'' solutions for EV charging stations Magenta Power was seed-funded by Hindustan Petroleum in 2018 Magenta Power has signed a Memorandum of Understanding (MoU) with eMatrixmile India for setting up EV charging...

Nippon Shokubai Will Begin Facilities For Lithium-ion Battery Electrolyte Ionel(TM) (LiFSI)

Commercial production at the new facilities is scheduled to begin in the spring of 2023 The company aims to achieve sales of over 10 billion yen by 2024 Nippon Shokubai Co., Ltd., headquartered in Osaka, has decided to begin...

CleanSpark Forays Into EV Charging Market Through GridFabric Platform

GridFabric is an OpenADR (Automatic Demand Response) communications compliance and certification company The OpenADR protocol allows EV charging companies and their customers to communicate with the utilities for demand response programs CleanSpark has announced that it is entering the...

Thomas L. Deitrich Joins The ON Semiconductor Board Of Directors

Deitrich comes with more than 25 years of leadership and technical experience from several leading technology firms Deitrich currently serves as the president and chief executive officer of Itron, Inc. and a member of its board of directors ON...

Global Semiconductor Sales Increased 4.9 Per Cent Year-to-Year in August 2020: SIA

Worldwide sales of semiconductors were $36.2 billion in August 2020 Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average The Semiconductor Industry Association (SIA) announced that the worldwide sales of...

Startup Spotting Fault in Chips Raises $45 million

The investment will be used to accelerate proteanTecs' market penetration and scale business operations to meet growing demands ProteanTecs, a developer of deep data solutions for electronics' health & performance monitoring, announced closing of its growth equity financing round of...

EV Startup Faraday Future To Close Deal Soon To Go Public Through SPAC...

A SPAC is a shell company that raises money through an initial public offering to buy an operating entity, typically within two years Breitfeld, who joined the Los Angeles-based company as CEO last year added that the company...

Tesla Plans To Make India Entry Next Year

Elon Musk said that Tesla will enter Indian market in 2022 while replying to a Twitter query Reports say that Tesla has held discussions with the Karnataka government for possible investments for a research facility in Bengaluru Tesla's...

Toyota-Panasonic Venture To Build Lithium-Ion Batteries For Hybrids In Japan: Report

Prime Planet Energy is 51 per cent owned by Toyota Motor with Panasonic holding the remaining stake The production line at a Panasonic factory in Tokushima prefecture will have enough capacity to build batteries for around 500,000 vehicles...

EV Battery Maker Romeo Systems Will Go Public Through A $1.33 Billion SPAC Deal:...

The deal is expected to raise $384 million for Romeo Romeo Systems will use the proceeds for capacity expansion and research and development to develop battery system technologies for commercial vehicles even further As per a report by Reuters,...

Recent Posts

Semiconductor Industry Announces Research And Funding Priorities to Sustain U.S. Leadership In Chip Technology

The plan identifies five "seismic shifts" shaping the future of chip technology and calls for an annual $3.4 billion federal investment over the...

Motherson Sumi Systems Signs Agreement To Acquire Bombardier’s Mexico-Based Electrical Wiring Business

Motherson Sumi Systems said that the transaction includes the transfer of assets, employees and inventories, on a debt-free and cash-free basis and is...
partnership

Farasis and Togg Sign Letter Of Intent To Develop Energy Storage Solutions For Turkey...

They will also team up for development and production of battery modules and packs by the two in Turkey through a strategic venture ...

Producing Energy With Wastewater

Wastewater need not be wasted – it can be treated to address the energy problems of the world. By Ayushee Sharma According to a recent study...

Inverted Energy Announces Buyback Plan For Its E-Rickshaw Batteries

It is offering to pay Rs 10,000 upon expiry of the product warranty period The company said that three-wheeler lithium-ion batteries consume 40...