The discovery of lithium-ion reserves in India changes the India-EV equation. Ashish Bhatia explains the big deal about the newfound, treasure chest. The Indian EV industry wore a scar despite vying for a ‘Made in India’ status. The imports of lithium-ion battery packs until local produce picked up pace proved a sore point for the industry. It continues to dictate[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…]
Daimler AG and Evonik Industries AG are restructuring their activities in the field of electric mobility in Kamenz and Kirchheim/Teck, and are thus reflecting the changed market conditions. Daimler will acquire all of the shares held by Evonik in Li-Tec Battery GmbH (50.1 percent) and in Deutsche ACCUmotive GmbH & Co. KG (10 percent). This will make Daimler the sole[Read More…]
