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India can do with AI what China did to manufacturing; Ola CEO Bhavish Aggarwal
According to the latest IDC report, spending on AI and generative AI (GenAI) in India is projected to reach $6 billion by 2027, growing at a compound annual growth rate (CAGR) of 33.7%.Read more
Unicorn Ola Electric develops solid-state battery
Ola Electric plans to supply these cells to other electric vehicle manufacturers and renewable energy firms. Read more
EVs at Automechanika moving towards zero-carbon transportation
They include manufacturers from China like BYD, SMART, the GEELY Group, AVATR, JIYUE, SERES, Chang An, HONGQI, GAC International and many more. Read more
Schunk wins Hermes Award 2024 at Hannover Messe 2024
A high-caliber jury chaired by Prof (Dr) Holger Hanselka, President of the Fraunhofer-Gesellschaft, selected Schunk's 2D Grasping Kit project for this year's award.Read more
Demand surge in Indian battery market underscores pressing need for action
The domestic market lacks raw materials. India does not possess abundant lithium mining resources, says Yvonne ZhangRead more
Jury nominates three companies for the HERMES AWARD 2024
An independent jury comprising top-class experts from political and business communities, academia and society in general, chaired by Prof. Dr.-Ing. Holger Hanselka, President of the Fraunhofer Society, nominated three companies selected from the numerous submissions for the HERMES AWARD 2024Read more
Hanif Qureshi proposes scheme to boost EV adoption, manufacturing in India
On 13 March, 2024 Prime Minister Narendra Modi government unveiled the Electric Mobility promotion Scheme (EMPS) 2024, with a focus to encourage the purchase of electric two-wheelers (e2W) and three-wheelers (e3W) in the countryRead more
ICAT awards first automotive PLI certificate to Ola Electric Technologies
This milestone achievement depicts the progress being made in the Indian automotive industry towards localised production of advanced automotive technology products and incentivising investments in the Automotive sectorRead more
LOHUM partners UAE Ministry for First EV Battery Recycling Plant
The partnership comes in light of UAE’s COP28 agenda and aligning with the UAE’s Net Zero by 2050 Strategic Initiative, Circular Economy Policy and supporting emissions-free mobility with future-ready solutions.Read more
TN set to attract Rs 50,000 cr investments, generate 150,000 jobs in EV sector by 2025
Prominent EV companies contributing to the significant production in Tamil Nadu include Ola Electric, TVS Motor, Ather in Krishnagiri, Ampere Vehicles in Ranipet, BYD India in Kancheepuram, Stellantis in Tiruvallur, and E-Royce Motors in Coimbatore.Read more