The Indian government is planning an incentive program worth as much as 25 billion rupees ($290 million) for private sector firms manufacturing these magnets, said the people, who asked not…
The lithium-ion battery (LiB) market in India is poised for rapid growth, driven by increasing demand from consumer electronics (CEs), electric vehicles (EVs), and stationary storage (SS) applications, according to…
India is strategically positioning itself as a key player in the rare earth elements (REE) market, aiming for self-reliance amidst geopolitical tensions and China’s dominance. With substantial reserves and government…
The upcoming 65,000 sq. ft. centre, to be located within the Discovery Campus of IIT Madras at Thaiyur, Chennai, marks a significant milestone in Hyundai’s ₹100 crore commitment to foster…
Addressing its performance in China, the Volkswagen AG-controlled brand pointed to fierce competition in the luxury and electric-vehicle segments that are increasingly dominated by homegrown manufacturers led by BYD Co.…
The announcement follows a brief extension of the ‘liberation day’ tariffs until August 1. According to Trump, letters have been sent and will continue to be sent, emphasizing that tariffs…
The move comes ahead of VinFast’s imminent product launch in India, as the company builds a robust and scalable ecosystem to support its EV customers nationwide. By collaborating with potential…
In a bold move to revitalize the automotive landscape, DR Automobiles is gearing up for a major expansion with a hefty investment of 50 million euros in its Macchia d’Isernia…
The EV chargers will be locally manufactured at the company’s Himachal Pradesh facility. EzUrja’s initiative aligns with the Himachal Pradesh government’s push to promote clean mobility and renewable energy integration,…
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