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Thursday 23 February 2023
Stellantis enjoys 41% BEV sales increase in 2022, saying strong orders will protect it through 1H 2023
Stellantis posted record financial results on Wednesday, with battery EV sales jumping 41% and adjusted operating income growing 29% in 2022. CEO Carlos Tavares said a strong order...
Thursday 23 February 2023
India's tablet momentum continues despite weak global demand
Despite macroeconomic headwinds that face the world, India's tablet market saw huge growth amid speeding roll-out and rising 5G services, with the momentum expected to continue over...
Wednesday 22 February 2023
Ease of business in India improves significantly for foreign companies, says PwC
PwC India partner Sivam Subramanian said India is thought of as the largest business opportunity of the 21st century, while current prime minister Narendra Modi has resolved to reform...
Wednesday 22 February 2023
Local brands and manufacturers emerge in India's TWS market
India's TWS (True Wireless Stereo) market again saw double-digit growth in 2022, and major brands ramped up local production to drive down the end products' price amid 'Make in India'...
Tuesday 21 February 2023
Nidec opens new plant, R&D center in Dalian, China
Japan's electrical vehicle drive system (e-Alxe) maker Nidec is slated to inaugurate its second plant and new R&D center in China's northeastern city Dalian, aiming to strengthen...
Tuesday 21 February 2023
EVs in India: logistics is where revolution is
The Indian EV market is expanding at a rapid pace as more and more car owners embrace technology for convenience and cost-efficiency. The Indian government has ambitious plans to...
Tuesday 21 February 2023
Vedanta-Foxconn's first wafer fab in India to be set up in Dholera SIR
Vedanta and Foxconn have chosen Dholera to set up a semiconductor fab and display manufacturing facility, while India's electronics industry is still waiting for the government to...
Tuesday 21 February 2023
Uber taps Tata Motors to grow electric fleets in India
Uber and India-based Tata Motors announced a Memorandum of Understanding (MoU) on February 20. Tata will supply Uber with 25,000 EVs in India starting in this month, facilitating...
Tuesday 21 February 2023
Google reportedly to provide specific Android version for India
Following Google's decision to cooperate with India's anti-trust authorities to change its Android policies, Android phones in India may get a new version of Google Mobile Services,...
Tuesday 21 February 2023
Delta Electronics unveils EV solutions in India
Taiwan-based Delta Electronics unveiled two EV solutions in India, as EV sales in India have been picking up in recent years.
Tuesday 21 February 2023
Polarizer maker CMMT eyeing orders from India
Polarizer manufacturer Cheng Mei Materials Technology (CMMT) may land orders from India's panel industry supply chain now that its primary customer, Innolux, has decided to build...
Monday 20 February 2023
Chery teams up with Gotion to build NEV production base in Argentina
China-based Chery Automobile announced a two-phase investment plan in Argentina last week. The carmaker aims to build a NEV production base with a local battery supply from the Chinese...
Monday 20 February 2023
Holtek cautious about sales prospects for 2023
Based on its current inventory of five to six months, MCU specialist Holtek Semiconductor is cautious about its business prospects for 2023.
Monday 20 February 2023
Ola Electric to build world's largest EV hub in southern India
Ola Electric, India's leading electric two-wheeler (E2W) brand by sales, will build the world's largest EV ecosystem in Tamil Nadu, where a new EV policy was just unveiled to attract...
Monday 20 February 2023
India roundup: Innolux signs technology transfer agreement with Vedanta
Taiwan-based panel provider Innolux agrees to give a hand in India's development of LCD technology and manufacutring. However, Tata's low yield in manufacturing iPhone cases is a...