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South Korean battery giants face Chinese competition, eye innovation to stay ahead

South Korean battery manufacturers are now entering the LFP battery market, which has been dominated by Chinese companies.Read more

India pursues unified battery-swapping standards for Electric Vehicles

NITI Aayog, the government's public policy think tank, has urged the Ministry of Heavy Industries to convene a meeting involving industry stakeholders.Read more

EV Battery prices drop 10% in August amidst dampened demand

As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.Read more

Researchers create biodegradable PVA-CuO Nanocomposite Film for stretchable optical devices

A research group from physical sciences division of the Institute of Advanced Study in Science and Technology (IASST), Guwahati fabricated a biodegradable PVA-CuO nanocomposite film using a facile solution casting technique.Read more

ACC batteries’ demand to grow at a CAGR of 50%, says CII report

Raw Materials for Battery & Component Manufacturing, a report by CII in collaboration with 6Wresearch reveals that India is experiencing a robust demand of ACC batteries. By 2030, the anticipated demand for advanced chemistry cells to reach 220GWh.Read more

Foxconn to build new electronics facility in Tamil Nadu, signs deal with govt

A substantial portion of this funding, totalling $350 million, will be channelled into the establishment of an iPhone component manufacturing unit.Read more

Vedanta appoints in YJ Chen as the CEO of its display business

After establishing four display panel fabs globally, YJ Chen joins Vedanta as Chief Executive Officer (CEO) of Display businessRead more

EAM to invest $650 mn to establish EV battery components facility in USA

Epsilon Advanced Materials (EAM), India’s leading battery materials company is looking to power 1 million electric vehicles through its proposed facility in USA. The company commits largest Indian investment in USA’s EV battery industry.Read more

DRDO, L&T join hands for realisation of Indigenous AIP System for Indian Navy

Larsen & Toubro and DRDO under contract for realisation will work on Air Independent Propulsion (AIP) System Modules for Kalvari Class of Submarines of the Indian Navy.Read more

TDK introduces IFQ06 magnetic sheets with high permeability for NFCs

TDK Corporation, a leader in electronic solutions for the smart society launches high permeability and low magnetic loss material for 13.56 MHz NFC applications which offers high flexibility and allows sheets to easily be formed to desired shape.Read more

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