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EKA Mobility secures $100 mn Investment for EV Manufacturing in India
Under the agreement, Mitsui and VDL will jointly invest approximately Rs 830 crore in EKA Mobility, acquiring 'significant' minority stakes. The funds will be allocated to expand research and development efforts and increase manufacturing capabilities.Read more
Nextgen Plasma to offer robotic welding solutions at IMTEX Forming 2024
Robotic welding systems, offered in collaboration Germany-based CLOOS, are tailored to accommodate various welding applications, ranging from heavy-duty welding applications to intricate precision welding tasks.Read more
Nobel Laureate Robert Solow, pioneer in economics, passes at 99
An economist of great renown, Robert Solow received the Nobel Prize in Economics in 1987 for his groundbreaking work in growth accounting, particularly his development of a mathematical model for expanding production.Read more
Mahindra Last Mile Mobility, Attero Collaborate for Sustainable EV Battery Recycling
MLMML, a prominent leader in electric vehicle technologies, offers an extensive selection of Li-ion electric 3-wheelers featuring models such as Treo, Treo Plus, Treo Zor, Treo Yaari, and Zor Grand. Read more
ABB to provide smart robotic automation solutions to Volvo Cars
ABB’s new family of energy efficient large robots and OmniCoreTM controllers will help Volvo Cars deliver energy savings of up to 20% and achieve its ambitious sustainability targets.Read more
MP regulator rejects grid support charges for rooftop solar systems
The petition sought the imposition of grid support charges on all consumer categories utilising grid-connected rooftop solar systems under net-metering and base load reduction (Category III).Read more
Govt set to roll out auto incentives in next FY, posing challenges for electric vehicle leaders
Despite initial skepticism from automakers about meeting the incentive claim process within the current year, the scheme, first notified in 2021, is expected to bring certainty to its 67 autoparts-making applicants.Read more
India’s RE sector receives FDI equity investment of $6.1 bn during Apr 2020 - Sept 2023
Under the extant Foreign Direct Investment (FDI) policy of the Government of India, FDI in renewable energy sector is permitted up to 100% under the automatic route.Read more
Vinita Singhania receives Lifetime Achievement Award at the 7th Indian Cement Review Awards
Vinita Singhania: Cement Pioneer Honored with Lifetime Achievement at 7th Indian Cement Review AwardsRead more
Genrobotics' G Gaiter AI Robotic Trainer Clinches Top Honour at GPAI Summit 2023
During the summit held from December 12 to 14 at Bharat Mandapam, inaugurated by Prime Minister Narendra Modi, Genrobotics' G-gaiter Robotic Technology secured the prestigious 'AI Game Changers' award.Read more