Retrofitting conventional vehicles with EV conversion kits is fast catching up. Prateek Pardeshi looks at among the first such RTO approved kit by GoGoA1. The acquisition costs of EVs continue to be a deterrent for buyers. Battery costs have cooled down but yet to make a strong case for EV manufacturers. The wait for economies of scale and breaking even[Read More…]
Tata Motors Ltd (TML) and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. TPG Rise Climate along with co-investors shall invest Rs 7,500 Cr in compulsory convertible instruments to secure between 11 % to 15 % stake[Read More…]
Dr Shankar Venugopal, Vice President, Mahindra & Mahindra correlates the discovery of key input materials with the future of mobility. Sustainable mobility is a key growth enabler for fast-growing economies like India. The future of sustainable mobility is being shaped by a combination of technology and business model disruptions. The convergence of electric, connected, autonomous vehicle technologies and the shared[Read More…]
Press release | New facility plays important role in Marelli’s electrification growth strategy Company committed to getting involved in state’s technology network for e-mobility 【29 June 2021】 Marelli, a leading global automotive supplier, has received the NRW. Global Business Award 2021 for the investment in its recently established production facility for electric vehicle motors in Cologne, Germany. With[Read More…]
Press release | June 29,2021: STMicroelectronics (“ST”) (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced its collaboration with Arrival (NASDAQ: ARVL), the global technology company creating electric vehicles (EVs) using its unique technologies, to provide leading-edge semiconductor technologies and products for Arrival’s vehicles including automotive microcontrollers and power and battery-management devices. Arrival has chosen[Read More…]
News Release | BorgWarner’s integrated drive module (iDM) to power A-segment electric vehicles beginning in 2023 Modular technology features e-motor, gearbox and inverter First iDM product combining BorgWarner’s and legacy Delphi Technologies’ portfolios Auburn Hills, Michigan, June 3, 2021 – BorgWarner’s integrated drive module (iDM) was selected by the Hyundai Motor Group for its power electric system, which will be[Read More…]
REE Automotive has signed a strategic collaboration agreement with Magna International. Team ACI looks at the strategy aimed at introducing modular electric vehicles in the market. REE Automotive Ltd. (REE), known for e-mobility innovations recently announced a strategic collaboration agreement with Magna International Inc., a mobility technology company. The collaboration is aimed at bringing to the market innovative, full-fledged Modular[Read More…]
Peter Fischer, Head of the Institute of Automotive Engineering at TU Graz draws attention to particulate matter emissions from brakes in a world obsessed with exhaust emissions. Whenever you think about emissions it’s quite likely you are thinking exhaust emissions. Opines Peter Fischer, Head of the Institute of Automotive Engineering at TU Graz in a report, “We have a problem[Read More…]
