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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
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
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
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
GameChanger Law Advisors, Speciale Invest launch first of its kind report on EV Battery Packs
As the Report highlights, the Indian EV battery market size is also expected to grow from $16.77 billion in 2023 to $27.70 billion by 2028, at a CAGR of 10.56% between 2023 and 2028, indicating that India's EV battery industry landscape is at the cusp of Read more
India's E-scooter startups struggle amidst localisation challenges
A significant setback has emerged as several of these startups face criticism for importing parts from China instead of sourcing locally.Read more
Tamil Nadu drives India's electric vehicle revolution
According to data from the Ministry of Road Transport and Highways’ VAHAN Dashboard, a total of 1,044,600 EVs were registered in the country until September 20, 2023, out of which 414,802 were produced in Tamil Nadu.Read more
4W, 2W EV manufacturing to drives for 13 mn sq ft real estate by 2030
‘Electric Vehicles in India – New Wheels on the Roads’, a report by India’s leading real estate consulting firm, CBRE South Asia shows trends, growth, and influence of electric vehicles (EVs) on the real estate sector in India.Read more
Is this good news for the Indian auto industry?
It appears that the Indian auto industry has deftly handled the covid related adversities, and has come out a winner. It remains to be seen how this will be continued into the future years, says R Jayaraman.Read more