I observe a woman by her silver electric sedan, charging at a modern station. A lithium-ion battery factory hums in the distance. The lithium-ion battery (LiB) market in India is projected to grow sharply over the next five years, led by rising demand from electric vehicles, consumer electronics, and stationary storage applications, according to a… Continue reading EV battery outlook: Lithium-ion demand set to jump 48% by 2030, says ICEA report; Import reliance and EoL waste pose key challenges
Author: Economic Times of India Online News
Zimbabwe aims to break ground for $270 million new lithium plant this year
Zimbabwe’s Kuvimba Mining House will begin construction of a $270 million lithium concentration plant at its Sandawana mine in the third quarter of this year, with commissioning expected in early 2027, CEO Trevor Barnard said. The state-owned miner is partnering with two Chinese metals giants to build the 600,000 metric ton per year lithium concentrator.… Continue reading Zimbabwe aims to break ground for $270 million new lithium plant this year
EV car sales penetration in India may cross 7% by FY28: CareEdge Report
Public charging points have expanded fivefold in three years—from 5,151 in CY22 to over 26,000 by early FY25—helping address one of the key challenges to wider EV acceptance. Electric car sales in India are projected to surpass 7 per cent of total passenger vehicle sales by FY28, according to CareEdge Advisory, as reported by PTI.… Continue reading EV car sales penetration in India may cross 7% by FY28: CareEdge Report
Amara Partners nears ₹800 cr debut fundraise
Amara Partners, the private equity fund launched by former Mahindra & Mahindra PE unit head Parag Shah, is set to raise its debut fund at ₹800 crore soon. The fund, which has roped in industrialist Anand Mahindra as an anchor investor, has seen participation from about 20 industrialists and their families across India. “There is… Continue reading Amara Partners nears ₹800 cr debut fundraise
GM outlines $4 billion plan to expand production of gas trucks and SUVs
General Motors will shift Cadillac Escalade production to Michigan and expand capacity for Chevrolet Silverado and GMC Sierra pickups as part of a $4 billion U.S. investment plan. General Motors said on Tuesday it will move production of the Cadillac Escalade to a Michigan assembly plant, while adding new capacity for gas-powered Chevrolet Silverado and… Continue reading GM outlines $4 billion plan to expand production of gas trucks and SUVs
Chinese carmaker Geely to take Zeekr unit private at $6.83 billion valuation
Geely Automobile is set to take its premium EV unit Zeekr private in a $6.83 billion deal, acquiring remaining shares to streamline operations and boost competitiveness. Geely Automobile will take its premium electric vehicle unit Zeekr private at a $6.83 billion valuation, as the Chinese automaker streamlines its business and sharpens its competitive edge. Under… Continue reading Chinese carmaker Geely to take Zeekr unit private at $6.83 billion valuation
State-owned Chinese carmakers GAC and JAC forecast record Q2 losses
State-owned Chinese automakers GAC and JAC Group are bracing for record second-quarter losses amid intensifying competition in domestic and global markets. Guangzhou Automobile Group (GAC) and JAC Group expect to post their biggest ever second-quarter losses next month, as the state-owned Chinese automakers struggle with competition at home and abroad. China’s auto sector is reeling… Continue reading State-owned Chinese carmakers GAC and JAC forecast record Q2 losses
Renault Group appoints Duncan Minto as Interim CEO
Duncan Minto, Renault The Board of Directors of Renault Group has appointed Duncan Minto as the interim Chief Executive Officer of Renault S.A., effective July 15, 2025. Minto, who currently serves as Chief Financial Officer (CFO) of the Renault Group, will assume the interim role until a permanent CEO is named. During this transitional phase,… Continue reading Renault Group appoints Duncan Minto as Interim CEO
US planes, cars, drinks on EU list for potential tariffs
The proposal then related to 95 billion euros of US goods. It has since been whittled down, though most of the main items have remained. Aircraft, machinery, cars, chemicals and medical devices are the leading big-ticket items on the latest list of US goods the European Commission has proposed to impose tariffs on if talks… Continue reading US planes, cars, drinks on EU list for potential tariffs
Tesla is finally here. Will India be able to power it?
While Tesla can integrate into India’s public CCS2 charging network for basic compatibility, optimal performance demand Tesla’s own Supercharger infrastructure. From the availability of Tesla’s Superchargers to the readiness of India’s power grid, several million-dollar questions now take centrestage. With the EV giant officially entering the Indian market, marked by the grand opening of its… Continue reading Tesla is finally here. Will India be able to power it?