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Uncertainty over rare-earth magnets supply hurting Indian auto industry
According to ICRA, inventories of rare earth magnets may last only until mid-July 2025 for certain automotive applications. It adds that contingency options appear ridden with logistical, regulatory, and engineering complexities.Read more
Entuple E-Mobility, Aditya Auto partners for electric motors manufacturing in Bangalore
The joint venture will be financially backed by both partners' equity contributions and will focus on producing electric traction hubs and mid-drive motors.Read more
FLASH and Elimen to jointly produce EV components in India
The collaboration will focus on production of traction motors and controllers of up to 300 kW, the first such project in India. FLASH has drawn an aggressive investment plan in EV segment and is looking to further invest Rs 150 crore over the next two years.Read more
FLASH joins hand with Polish firm Elimen to make EV components in India
The collaboration will focus on production of traction motors and controllers of up to 300 kW, the first such project in India. FLASH has drawn an aggressive investment plan in EV segment and is looking to further invest Rs 150 crore over the next two years.Read more