Proterra To Go Public Through $1.6 Billion SPAC Deal: Report

The transaction is expected to close in the first half of 2021 Post merger, Proterra will be listed on the Nasdaq and will trade under the new symbol “PTRA As per a report by Reuters, Proterra Inc has agreed...
partnership

Tata Power To Develop 110 MW Solar Project For Kerala State Electricity Board Limited

Tata Power’s renewable capacity will increase to 4,032 MW, out of which 2,667 MW is operational and 1365 MW is under implementation including 110 MW won under this LOA. The energy will be supplied to KSEBL under a...

Xpeng Secures $2 Billion Credit Line To Expand Manufacturing: Report

The agreement was signed with Agricultural Bank of China, Bank of China, China Construction Bank, China CITIC Bank and Guangzhou Rural Commercial Bank In July last year, it announced the signing of its Series C+ financing of around...

GM Working With ‘All The Best Startups’ On Next-Gen EV Battery Tech, Says Executive:...

Doug Parks, GM's executive vice president of global product development said that the company is partnering with some great companies, including Honda Motor and LG Chem, on electric vehicles and batteries There is an opportunity for more and...

Sterlite Technologies Ltd Appoints Sandeep Girotra As Its Global Sales Head

Prior to joining STL, Sandeep was associated with Nokia for 24 years He will be responsible for driving the company’s order book and revenues across portfolios, customer segments and geographies Sterlite Technologies Ltd has announced the appointment of Sandeep...

Adani Green Commissions 25-MW Solar Plant At Chitrakoot, Uttar Pradesh

This plant has a Power Purchase Agreement (PPA) with Noida Power Company Limited at Rs. 3.08/KWh With this commissioning AGEL’s total operational renewable capacity grows to 2,975 MW Adani Green Energy said it has commissioned a 25-megawatt (MW) solar...

Simple Energy Raises Undisclosed Amount, Plans To Raise Rs 51 Crore To Rs 74...

The company said that it will be launching its flagship scooter, Mark2, in May 2021 starting with Bengaluru and Delhi It will come with a 4.8 kWh battery and will have a claimed range of 240 km in...

eBikeGo Teams up With SKS CleanTech For Installation Of Solar-Powered Batteries

Installation of Solar panels has started in Mumbai on a pilot basis According to a company release, solar panels installed in factories use DC, eBikeGo will regulate voltage current to divert and charge the batteries eBikeGo has teamed up...

Competition and Markets Authority To Probe Nvidia’s Arm Takeover: Report

Nvidia had entered a deal with Japan’s SoftBank Group in September to buy Arm (CMA) said it was “likely to consider whether, following the takeover, Arm has an incentive to withdraw, raise prices or reduce the quality of...

EV Startup Faraday In SPAC Merger Talks To Go Public: Report

It is in talks to go public through a merger with Property Solutions Acquisition Corp Property Solutions, led by Chairman and co-CEO Jordan Vogel, raised $230 million in a July 2020 IPO As per a report by Bloomberg, Faraday...

Intel To Tap TSMC To Make New Chip Using Enhanced 7-Nanometer Process Says Sources:...

The chip called “DG2”, will be made on a new chipmaking process at TSMC that has not yet been formally named but is an enhanced version of its 7-nanometer process With its graphics chips, Intel is looking to...
partnership

WISeKey Teams Up With ISMOsys To Expand The Reach Of Secure Semiconductors

ISMOsys will be actively representing WISeKey’s secure semiconductor products commercially across much of Europe, in addition to Turkey and India ISMOsys will connect the WISeKey offer to the needs of its extensive base of customers and design partners...

Nexeon Appoints Liya Wang As Its Chief Technology Officer

He joins Nexeon from XG Sciences in the United States where he was VP R&D Dr. Wang graduated from Beijing University of Science and Technology in China, and received a PhD degree in Materials Science from the University...

STMicroelectronics Appoints Rajita D’Souza As President, Human Resources And Corporate Social Responsibility

In her role, Rajita D’Souza is responsible for leading ST’s global HR organization (people development, performance management, compensation & benefits, recruitment Being effective from first January 2021, she reports directly to Jean-Marc Chery, President and CEO and is...

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...