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Karnataka government explores collaboration with tech giants in USA
The talks also encompassed strategies for enhancing the company's research and development capabilities, policies, and incentives within the state.Read more
Vedanta accelerates steel asset sale, focuses on core mining in restructuring move
Recently, Vedanta announced plans to restructure its operations, creating separate commodity-focused entities to strengthen its financial position.Read more
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