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Aleees-Taiwan, IFFCO partner to boost non-Chinese Li battery production globally
The agreement aims to explore the transfer of technology from Aleees to IFFCO, enabling the production and establishment of lithium iron phosphate (LFP) battery cathode material plants in India and Jordan.Read more
Toyota accelerates electric ambitions in Europe with six new models by 2026
Toyota aims to sell more than 250,000 battery-powered vehicles annually in Europe by 2026, striving for significant growth in a market where it has faced increasing competition.Read more
Škoda Auto Volkswagen India unveils plans for EV, Market Penetration expansion
Company anticipates to elevate the capacity utilisation of its Aurangabad and Chakan plants to over 90%, a substantial increase from the current 70-75%.Read more
Govt mulls Rs 12,000 cr incentive for domestic mining equipment manufacturing
A high-level committee, led by the director (technical) of Coal India (CIL), has proposed a five-year incentive program to stimulate domestic manufacturing.Read more
Towards building a sustainable economy with the ‘Triple Supply Chain’
The increased consciousness of corporate management of the harm done due to unbridled, uncontrolled growth has now put the brakes on waste and inefficiency. Overall, the sustainability movement has led to significant new developments in the handling of supply chains, as well as processes, says R Jayaraman.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
Tata Motors re-enters Thai Market with Inchcape as Commercial Vehicle Distributor
The company had ceased the sale of its pickup trucks and small commercial vehicles in Thailand in 2020 when it wound up its 100% subsidiary.Read more
Eicher launches non-stop series: Revamped heavy-duty trucks for construction, Infra
These long-haulage trucks are tailored for transporting various loads such as cement, tanker, steel, bulker, and market goodsRead more
THK India unveils facility in Sri City for linear motion innovation
This facility stands as THK's sole production unit in India, specializing in the manufacture of linear motion guides and equipment for diverse applications across various sectors.Read more
Amitabh Kant urges to scrap import duties for exported goods
Kant suggested that while import duties on products intended for domestic consumption, such as furniture and food items, could be increased, maintaining competitive pricing for exports is crucial.Read more