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Debashis Mitra Named President Of Kinetic Green’s 3-Wheeler Business
Mitra will become President of the 3-wheeler business following Paul Zacharia's retirement in June 2024.
Kinetic Green Energy and Power Solutions Limited, a prominent Indian...
March EV Sales: OSM Enters Big Boy Club, Kinetic Steals Limelight
While both the E2W and the E3W markets grew Month on Month during March 2024, the electric car registrations seem to have hit a...
EV Sales Set To Surpass 1.5 Lakh Units Monthly Before Fame II Expires
The revision of subsidies for electric two-wheelers and three-wheelers is expected to impact market dynamics. Many major companies are preparing to absorb the higher...
Feb EV Sales: Electric Car Sales Decline, Startups Rise Once Again
Electric two-wheelers and electric three-wheelers continue to dominate the electric vehicle sales figures in India. Electric car adoption, on a larger scale, seems to...
“We Have Maintained A Net NPA Rate Below 1%!”
Maintaining a low non-performing asset (NPA) rate is considered one of the key factors determining the success of an NBFC (non-banking financial company) operating...
Dec 2023: Mahindra, Tata, Ola Lead The EV Race In India
What remained common between Tata Motors & Ola Electric's electric vehicle sales numbers during December 2023? Their sales registration figures for EVs were unmatched,...
EV Sector Might Get Designated As Priority Lending Sector, Says Kartikey Hariyani
While it is crystal clear that several commercial EV OEMs face difficulties getting financing options for end consumers, is the situation similar in the...
Karnataka’s EV Policy Release In Two Weeks: Industry Seeks Incentives For Component Manufacturers And...
The recently released draft policy has garnered varied reactions from stakeholders, with some praising the suggested subsidy hike for its potential benefits. However, there's...
AMU’s Nehal Gupta Says Used EV Market Key To CEV Finance
Unlike the used vehicle market, no market exists for used commercial EVs. The former has been one of India's biggest vehicle sales enablers. So,...
E3W OEMs Need To Offer Healthy FLDG To Lenders Says Finayo
Notably, for newer players in the L5 E3W space, availability of finance is one of the biggest challenges. According to Finayo, first loss default...
Source And Traceability Of Battery Cells Critical, Says Wardwizard
The company sees Singapore as a neutral country where many can collaborate amidst the rising geopolitical tensions.
Battery cells developed under the A&S...
With 15-Minute Rapid Charging Tech, Exponent Eyes Commercial EVs
Exponent Energy (Exponent), with its 15-minute rapid charging tech, aims to help the electric vehicle OEMs launch and sell economically priced electric vehicles. The...
Esmito Running Battery Swap Trials Outside India
Fully operational in Mumbai in the E2W segment, the start-up has recently started its operations in Delhi and Hyderabad.
The start-up has raised...
OSM Working On 1500 KG E3W, Possible Launch Next Quarter
The company is working towards a b2c-heavy approach and is aiming it to drive 80% of sales three years from now
It has...
Exclusive
Crompton Greaves Starts Kitchen Appliance Manufacturing In Vadodara
This move aims to boost product quality and operational efficiency, enhancing the delivery of innovative, high-quality kitchen solutions to meet growing consumer demands.
Crompton Greaves...
Advancing Manufacturing Sector With New Refrigerator Plant
By incorporating advanced backward integration processes, this plant sets to redefine industry standards, promising improved efficiency and reduced environmental impact, while also boosting local...
EV Sales In India Fall Face First From March to April 2024
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...
Buzz
India Eyes $250M Private-Public Cloud Model For Semiconductor R&D
According to the plan, this facility will offer easy access to chip and packaging designs for startups, researchers, and small firms.
The Indian government is...
EV Parts Maker Matel Raises $4M
Matel manufactures components such as power trains and motor control units for electric vehicles. In this funding round, investors included Gruhas, backed by Nikhil...
Siemens To Sell Innomotics To KPS For $3.8B
Siemens chief financial officer Ralf Thomas expressed his pleasure at the significant progress made in optimizing their portfolio through the sale of Innomotics to...
Important Sectors
Automotive Electronics Industry Growth Prospects And Strategies
From electric vehicles (EVs) to autonomous vehicles, discover the challenges, key players, and market segments driving a $136 billion industry revolutionising vehicles and the...
India Eyes $250M Private-Public Cloud Model For Semiconductor R&D
According to the plan, this facility will offer easy access to chip and packaging designs for startups, researchers, and small firms.
The Indian government is...
EV Parts Maker Matel Raises $4M
Matel manufactures components such as power trains and motor control units for electric vehicles. In this funding round, investors included Gruhas, backed by Nikhil...
Siemens To Sell Innomotics To KPS For $3.8B
Siemens chief financial officer Ralf Thomas expressed his pleasure at the significant progress made in optimizing their portfolio through the sale of Innomotics to...
Ampere Teams With Qualcomm On AI, Unveils New Chip
Ampere Computing and Qualcomm team up to create energy-efficient AI chips, launching a data center server aimed at reducing power consumption and outpacing rivals...
Manufacturing
Automotive Electronics Industry Growth Prospects And Strategies
From electric vehicles (EVs) to autonomous vehicles, discover the challenges, key players, and market segments driving a $136 billion industry revolutionising vehicles and the...
Siemens To Sell Innomotics To KPS For $3.8B
Siemens chief financial officer Ralf Thomas expressed his pleasure at the significant progress made in optimizing their portfolio through the sale of Innomotics to...
Siemens Limited Announces ₹1000 Crore Capex
In a statement, Siemens announced that it is expanding its factory operations in Goa to address the rapidly growing demand for essential industry components.
Siemens...
Atul Aggarwal Named New Managing Director Of Sterling Tools
In his new position, Atul Aggarwal, who serves as a whole-time director as well, will lead the company's expansion and development into new verticals.
Sterling...
Sona Comstar’s 3-Pronged Global Strategy To Outperform China In EV Parts Supply
Sona BLW Precision Forgings (Sona Comstar) has adopted a three-pronged strategy: leveraging the protectionist policies of the US and Indian governments to exclude Chinese...
