Bharat Forge has decided to consolidate its electric vehicle (EV) business initiatives under Kalyani Powertrain Limited (KPL), a wholly-owned subsidiary of the company. The company’s Investment Committee – Strategic Business’ of the company – approved the transfer of Bharat Forge’s stake in Refu Drive GmbH, a JV company, to KPL subject to necessary approvals from… Continue reading Bharat Forge consolidates EV business
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@niche: The Road to Certification001954
by Arrival’s Test and Validation team The Arrival Bus on the test track during dynamic testing at Applus+ Idiada in Spain. The road to start of production is paved with milestone achievements. Recently, we hit one such milestone when the Arrival Bus achieved EU certification and received European Whole Vehicle Type Approval (EUWTVA). Type Approval… Continue reading @niche: The Road to Certification001954
Is India heading to stagflation?
NEW DELHI: The slowing economic growth is here to stay in India. The government, in its latest Monthly Economic Review (MER May 2022), said on Monday that India’s economy is expected to witness slowing growth but emphasised that it would be still higher than the other emerging market economies. This comes on the back of… Continue reading Is India heading to stagflation?
Asia’s shortage of empty containers may worsen on Rotterdam jam
Supply chains have been struggling to recover from China’s Covid Zero policy and Russia’s invasion of Ukraine, which has led to companies shunning the over-land railway that could have otherwise relieved pressure on logjammed ports. Empty container boxes crucial for Asia’s exporters are getting stuck in the port of Rotterdam as a growing backlog of… Continue reading Asia’s shortage of empty containers may worsen on Rotterdam jam
Short-term risk management must not hurt macro stability
The government needs to carefully manage short-term risks that the country face without sacrificing the “hard-earned macroeconomic stability”, the finance ministry said in its monthly economic report on Monday. India faced near-term challenges in managing its fiscal deficit, sustaining economic growth, reining in inflation, and containing current account deficit while maintaining a fair value of… Continue reading Short-term risk management must not hurt macro stability
Musk hints Tesla could bring back ‘Enhanced Autopilot’ worldwide
San Francisco: Elon Musk has hinted that Tesla may bring back “Enhanced Autopilot” for those interested in a more immersive semi-autonomous driving experience than Basic Autopilot, but are unwilling to pay $12,000 for the company’s more advanced Full Self-Driving (FSD) suite. In early 2019, Tesla removed Enhanced Autopilot as it transitioned all vehicles to receive… Continue reading Musk hints Tesla could bring back ‘Enhanced Autopilot’ worldwide
Valeo, Atul and Honda join hands to accelerate three wheelers electrification in India
Innovation / Products & Technology | 21 Jun, 2022 | 1 min #Electrification Valeo, Atul Greentech Private Limited the electric three-wheeler manufacturer and Honda Powerpack Energy Private Limited the swappable battery service provider, have signed a Memorandum of Understanding (MoU), through which Valeo will provide the electric powertrains and powertrain control unit for Atul’s electric… Continue reading Valeo, Atul and Honda join hands to accelerate three wheelers electrification in India
The ‘Hyper’ Innovative Vehicle Solution Shaping the Future of Mobility
June 21, 2022 The ‘Hyper’ Innovative Vehicle Solution Shaping the Future of Mobility Open share list Share this content. LG Electronics’ Vehicle component Solutions (VS) company is focused on creating new technologies and solutions for the fast-changing automotive industry, working hand-in-hand with leading global carmakers to help shape the future of mobility. LG’s unique capabilities… Continue reading The ‘Hyper’ Innovative Vehicle Solution Shaping the Future of Mobility
LG NOVA Sets Future Vision With Announcement of ‘Selected 20’ Startups
June 21, 2022 LG NOVA Sets Future Vision With Announcement of ‘Selected 20’ Startups Open share list Share this content. Connected Health, Metaverse, Energizing Mobility Stand Out for New BusinessExploration; $2 Million in LG Funding to Accelerate Business Development SANTA CLARA, Calif., June 20, 2022 — LG Electronics’ North American Innovation Center (LG NOVA) has… Continue reading LG NOVA Sets Future Vision With Announcement of ‘Selected 20’ Startups
IG Metall board recommends 7 to 8 percent higher wages
Frankfurt am Main – The board of directors of IG Metall recommends that the regional wage commissions in the metal and electrical industry demand higher wages in a corridor of between 7 and 8 percent for 12 months. Jörg Hofmann, First Chairman of IG Metall: “The companies are doing well. But the employees are not… Continue reading IG Metall board recommends 7 to 8 percent higher wages