Toyota Motor has announced that it will invest about $3.4 billion to develop batteries for electric vehicles and EV production in United States till the end of the decade
Tag: batteries
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HOP Electric to raise Rs 2 billion to expand production capacity
HOP Electric plans to launch an e-bike called OXO and follow it up with two more scooters. It will set up another plant in Jaipur by February 2022 to increase its production capacity to 1.5 lakhs per year.
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CESL to supply 25,000 electric two-wheelers to AP Government
The electric two-wheelers will be provided on a monthly lease. It will come with comprehensive insurance that will be deducted as EMI from the volunteering government employee’s account.
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ABB partners Beyonder to make battery cells for industrial applications
The companies will manufacture battery cells for industrial applications. The batteries provide high power output and recharge quickly, making them suitable for heavy machinery or power grid.
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Reliance Industries to make batteries, hydrogen fuel cell plants in India
Reliance Industries is planning to start production of batteries and set up hydrogen fuel cell plants in India. The company will be developing the Dhirubhai Ambani Green Energy Giga Complex and invest Rs 750 billion over three years.
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IBC and LG to set up $1.2 billion EV battery plant in Indonesia
According to the Investment minister of Indonesia, the state-owned Indonesia Battery Corporation and South Korea's LG will set up a new battery plant with a capacity of 10 GWh, worth $1.2 billion.
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DEP showcases E-Scooter at Auto Expo 2020
Michigan-based Detroit Engineered Products (DEP), recently showcased their electric scooter technology demonstrator, developed by DEP’s Design Development team at the Auto Expo 2020 - Components.
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Is automotive industry ready for digital transformation?
With automotive industry transforming into more digitally advanced industry, connected cars have been a reality today. There’s a big shift going to take place in automotive industry.
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20 per cent business is hit with little help from the replacement market
The automotive battery manufacturers are looking ahead to stabilise demand with implementations of BS VI in April 2020. With this, they are hopeful that neighbouring nations will open new markets for them till the time they venture into the lithium-ion batteries.
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Automotive research centre opened in TCE, Madura
In a bid to impart education on advanced automobile engineering students, TS Srinivasan Centre for Automotive Research (TSS CAR) at Thiagarajar College of Engineering (TCE) in Madurai. Venu Srinivasan, chairman & MD, TVS Motor Company, inaugurated the centre.
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