CONNECT WITH US
Global supply chain: Emerging markets
Emerging market trends
IN THE NEWS
Tuesday 25 January 2022
Mercedes-Benz plans to assemble EQS in India
Mercedes-Benz, the top-selling gas-powered luxury vehicle brand in India, said India's goods and services tax (GST, an equivalent to VAT) on electric vehicles is low enough for its...
Tuesday 25 January 2022
Mahindra to build electric scooters for Hero Electric
India's top-selling electric two-wheeler manufacturer Hero Electric has formed a strategic partnership with the fifth-largest passenger car brand Mahindra Group to create synergies...
Monday 24 January 2022
India roundup: India solar capacity to grow 400% by 2025
The Indian government's production-linked incentive (PLI) subsidies for batteries and smartphones have attracted some big names, while a report showed that Indian solar module capacity...
Monday 24 January 2022
Tata wants to make 50k EVs per year to meet sales boom
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.
Thursday 20 January 2022
India's Vedanta to make 28-65nm semiconductor chips for local demand
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...
Wednesday 19 January 2022
Hero MotoCorp injects more cash in Ather Energy and joins Gogoro's PIPE investment
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...
Wednesday 19 January 2022
Hyundai applies for India's battery manufacturing subsidy
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...
Wednesday 19 January 2022
Gogoro, Poema announce additional PIPE investment from Hero MotoCorp, Engine No. 1
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...
Tuesday 18 January 2022
Partnerships vital as India's Hero Electric targets multi-million output
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...
Tuesday 18 January 2022
India roundup: Mercedes-Benz to assemble EV locally in India
Mercedes Benz said it will begin car assembly soon in India, while Tata Group has set up a new fintech company.
Monday 17 January 2022
India e-scooter sales double in 2021
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...
Friday 14 January 2022
CB Insights: 1-2 unicorns born each day in 2021
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...
Friday 14 January 2022
Hero Electric adopts fast-charging batteries for commercial fleets
India's best-selling Hero Electric is working with local battery supplier Log9 Materials to develop fast-charging batteries for commercial e-scooters.
Thursday 13 January 2022
Indian battery maker sees exponential demand for lithium-ion batteries by 2030
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...
Thursday 13 January 2022
India's shipments of wearables doubled in 3Q21
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...