KPIT Technologies, an automotive software company, has transferred its sodium-ion battery technology to Trentar Energy Solutions for commercialization, the companies announced on February 12, 2025. The agreement includes a 3GWH manufacturing investment by Trentar and provides KPIT with upfront technology transfer fees plus royalties over an eight-year period. The sodium-ion battery technology, developed by KPIT… Continue reading KPIT Technologies Partners with Trentar to Commercialize Sodium-Ion Battery Technology
Category: US Motoring Press
Ford Chief Executive Says Trump Policies May Lead to Layoffs
Ford Motor could be forced to lay off employees if the Trump administration ends subsidies and other financial support for electric vehicle manufacturing, the company’s chief executive said on Tuesday. Ford has invested heavily in factories to produce batteries and electric vehicles in Ohio, Michigan, Kentucky and Tennessee, Jim Farley, the Ford chief executive, said… Continue reading Ford Chief Executive Says Trump Policies May Lead to Layoffs
GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos’
President Donald Trump greets General Motors CEO Mary Barra (R) prior to a meeting with automobile industry leaders in the Roosevelt Room of the White House in Washington, DC, January 24, 2017. Saul Loeb | AFP | Getty Images DETROIT — General Motors believes it can mitigate up to 50% of potential tariffs President Donald… Continue reading GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos’
BYD shares hit record high after EV maker rolls out driver assistance tech with DeepSeek’s AI help
Chinese electric car giant BYD announced on Feb. 10, 2025, that it would integrate DeepSeek into its artificial intelligence model that powers its new driver-assistance technology. Screenshot BEIJING — Chinese electric car giant BYD shares hit a record high in Hong Kong trading Tuesday after the company said it is going all in on driver… Continue reading BYD shares hit record high after EV maker rolls out driver assistance tech with DeepSeek’s AI help
TVS Motor to Invest Rs 2,000 crore in Karnataka in Five Years
TVS Motor Company has signed a Memorandum of Understanding with the government of Karnataka to invest Rs 2,000 crore in the state over the next five years as it plans to set up a global capability center and expand production and engineering capabilities. Besides global capability center and production expansion plans, the two and three-wheeler… Continue reading TVS Motor to Invest Rs 2,000 crore in Karnataka in Five Years
TVS Motor to invest Rs 2,000 crore in Karnataka in 5 years
TVS Motor Company has signed a Memorandum of Understanding with the government of Karnataka to invest Rs 2,000 crore in the state over the next five years as it plans to set up a global capability center and expand production and engineering capabilities. Apart from global capability center and production expansion plans, the automaker’s plans… Continue reading TVS Motor to invest Rs 2,000 crore in Karnataka in 5 years
Zavenir Daubert Plans New Manufacturing Facility to Triple Capacity
Specialty chemicals maker Zavenir Daubert is planning to set up a new manufacturing facility in the western part of India over the next two years with an investment of $20 million (Rs 174 crore). The plans come as the Haryana-based company has set a target to grow its business by over seven-fold to Rs 1,000… Continue reading Zavenir Daubert Plans New Manufacturing Facility to Triple Capacity
CNH India aims to double its market share in tractors by 2030
The company’s approach will focus on four key pillars – expanding the domestic market, boosting exports, using design capabilities, and leveraging the local supply chain. As the tractor industry prepares for the TREM Stage 5 norms, CNH India, the parent company of New Holland and CASE India announced the production of new engines at its… Continue reading CNH India aims to double its market share in tractors by 2030
BMW Group Expands Global Partnership with Axalta for Automotive Refinish Coatings
Axalta, the NYSE-listed global coatings manufacturer, has secured a multi-year agreement with BMW Group to serve as its recommended refinish supplier across more than 50 countries, effective January 2025. The partnership applies to markets where BMW’s private paint label, ColorSystem, is not available. The agreement strengthens Axalta’s existing relationship with BMW Group, as the company… Continue reading BMW Group Expands Global Partnership with Axalta for Automotive Refinish Coatings
Zavenir Daubert Launches Advanced Smart Manufacturing Facility in Haryana
Zavenir Daubert inaugurated its new manufacturing facility in Binola, Haryana, in the presence of executives from Daubert USA and Nihon Parkerizing, Japan. The ISO-certified facility, spread across two acres, will employ over 100 people and serve both domestic and international markets, focusing on corrosion protection and metalworking fluids. The facility represents a significant expansion for… Continue reading Zavenir Daubert Launches Advanced Smart Manufacturing Facility in Haryana