Auto component makers to see around 10-12% revenue growth, says Crisil

The Indian automotive components sector is expected to witness around 10-12% growth in revenue in 2023-2024. The key factors include domestic growth buoyed by robust demand from original equipment manufacturers (OEMs) on the back of a high base of past fiscals, and steady aftermarket demand. This is despite exports continuing to remain sluggish, according to… Continue reading Auto component makers to see around 10-12% revenue growth, says Crisil

Panasonic Energy and Mazda in talks for supply of cylindrical lithium-ion batteries

Panasonic Energy Co and Mazda Motor Corporation have agreed to enter into discussions on establishing a medium- to long-term partnership to meet demand for battery EVs and automotive batteries in a rapidly expanding market. The plan is for Panasonic Energy to supply Mazda with automotive cylindrical lithium-ion batteries manufactured at Panasonic Energy’s plants in Japan… Continue reading Panasonic Energy and Mazda in talks for supply of cylindrical lithium-ion batteries

Panasonic Energy and Mazda in talks for supply of cylindrical lithium-ion batteries

Panasonic Energy Co and Mazda Motor Corporation have agreed to enter into discussions on establishing a medium- to long-term partnership to meet demand for battery EVs and automotive batteries in a rapidly expanding market. The plan is for Panasonic Energy to supply Mazda with automotive cylindrical lithium-ion batteries manufactured at Panasonic Energy’s plants in Japan… Continue reading Panasonic Energy and Mazda in talks for supply of cylindrical lithium-ion batteries

Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance

StoreDot, which has developed an extreme fast charging (XFC) high energy battery solution for electric vehicles, states that it has obtained outstanding battery performance feedback for the first evaluation and integration A-Samples testing phase of its XFC electric vehicle battery cells. As per StoreDot, the comprehensive testing programs took place over the past six months… Continue reading Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance

Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance

StoreDot, which has developed an extreme fast charging (XFC) high energy battery solution for electric vehicles, states that it has obtained outstanding battery performance feedback for the first evaluation and integration A-Samples testing phase of its XFC electric vehicle battery cells. As per StoreDot, the comprehensive testing programs took place over the past six months… Continue reading Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance

Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance

StoreDot, which has developed an extreme fast charging (XFC) high energy battery solution for electric vehicles, states that it has obtained outstanding battery performance feedback for the first evaluation and integration A-Samples testing phase of its XFC electric vehicle battery cells. As per StoreDot, the comprehensive testing programs took place over the past six months… Continue reading Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance

Michelin to power its Chennai plant with renewable energy

Michelin India has signed a Power Purchase Agreement (PPA) with CleanMax Enviro Energy Solutions for supply of green energy for its factory at Thervoy Kandigai, near Chennai, which will increase the total contribution of renewable energy to 37% from current 11% and account for  a reduction of 11,712 tons of CO2 emissions annually. Speaking on the… Continue reading Michelin to power its Chennai plant with renewable energy

Toyota Mobility Foundation launches Sustainable Cities Challenge to overcome mobility barriers

The Toyota Mobility Foundation, in partnership with Challenge Works and World Resources Institute, has launched a $9 million (Rs 74 crore) global challenge to help cities adapt to the future, with the potential to transform the lives of millions around the world. As cities grow and evolve, the challenges of moving people and goods in… Continue reading Toyota Mobility Foundation launches Sustainable Cities Challenge to overcome mobility barriers

Cipia and Ambarella develop in-cabin sensing solution using single camera

Cipia, an AI computer vision in-cabin automotive solutions provider, has announced a new solution from its continuing collaboration with Ambarella Inc, an edge AI semiconductor company. This latest combined solution offers automotive manufacturers higher flexibility regarding the location of in-cabin sensing systems, including the rear-view mirror, as well as the ability to use a single camera.… Continue reading Cipia and Ambarella develop in-cabin sensing solution using single camera

ReadyAssist and Okaya EV partner to provide full stack after sale support

This program has been customised to cater to the requirements of Okaya’s electric vehicle fleet, ensuring smooth operations, minimising downtime, and maximising efficiency for businesses. ReadyAssist and Okaya EV have partnered to provide a full stack after sale service and emergency assistance to Okaya’s B2B and B2C customers. Under this partnership, ReadyAssist will provide Okaya’s… Continue reading ReadyAssist and Okaya EV partner to provide full stack after sale support