Deepak Mathur, Sr. Vice President, Global Marketing and Sales at Jindal Aluminium Limited highlights the role of aluminium in EV manufacturing. As a metal, aluminium is not new to the auto industry. It’s over a century since the first sports car featuring an aluminium body premiered at the Berlin International Motor Show in 1899. It has proven itself to be[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…]
