Tata Motors aims to produce 50,000 units of electric vehicles in FY2023 (starting from April 2022), according to sources cited by India's Economic Times.
Indian natural resources conglomerate Vedanta will invest in manufacturing 28nm to 65nm semiconductor chips because this is the range for which it sees local demand. AvanStrate, a...
India's Hero MotoCorp, the world's largest two-wheeled vehicle brand, is investing more in Ather Energy, an Indian electric two-wheeler startup with the third highest market share...
Hyundai, Ola Electric, and Reliance New Energy Solar have applied for the production-linked incentive (PLI) scheme aimed for advanced battery manufacturing, according to official...
Gogoro, a developer of battery swapping ecosystems for urban mobility, and Poema Global Holdings, a publicly traded special purpose acquisition company (SPAC), have announced its...
To promote growth, the electric vehicle (EV) industry requires partnerships more than the traditional auto industry does, because of the nature of EV technology, according to Hero...
India's sales of electric two-wheelers grew from 100,736 units in 2020 to 233,917 units in 2021, accounting for only 1% of total sales of two-wheelers in India, according to SMEV...
CB Insights released its 2021 State of Venture Report on Jan 13, 2022, showing that, in total, 390 unicorns (startups with at least US$1 billion in valuation) were added last year...
As EVs become more prevalent in India, the demand for lithium-ion batteries could skyrocket this decade, according to Amara Raja Batteries, one of the biggest battery manufacturers...
India's Optiemus Electronics, a joint venture of Taiwan-based Wistron and Indian telecommunication company Optiemus Infracom, said it is raising production capacity of wearable devices...
Electric vehicles (EV) are taking off in both scooter and passenger car segments, while industry groups fear high import taxes could dent India's advantages.
India announced in December 2021 its latest US$10 billion PLI incentive scheme for manufacturing semiconductor in India. The amount uses up one-third of the combined amount of India's...
