Exide to commercialize Li-ion cell manufacturing with 6 GWh capacity by FY26 end

Battery major Exide Industries, which is nearing the completion of its lithium-ion cell battery manufacturing facility, expects to commercialize the plant with a capacity of 6 GWh under the first phase towards the end of the financial year 2026. “The construction work including the main cell, admin and warehouse buildings is closer to completion. Equipment… Continue reading Exide to commercialize Li-ion cell manufacturing with 6 GWh capacity by FY26 end

interop.io Announces Free Partner Edition, Paving the Way for Universal Application Interoperability

LONDON, Nov. 14, 2024 /PRNewswire/ — interop.io, the global leader in desktop interoperability, today announced a no-cost edition of its desktop interoperability software suite, io.Connect. The new Partner Edition of io.Connect allows fintechs, both large and small, to adopt interoperability patterns into their software without fees, exclusivity commitments, or operational hurdles. “Market adoption of interoperability… Continue reading interop.io Announces Free Partner Edition, Paving the Way for Universal Application Interoperability

@Hyundai: Kia Partners with DHL Korea to Expand Sustainable Logistics Ecosystem with PBVs

Kia and DHL Korea collaborate to make sustainable logistics innovation using Platform Beyond Vehicle (PBV) Kia to provide optimized PBV solutions to DHL Korea logistics environment Kia’s PV5 to be deployed as the first model for collaboration in 2026 Partnership to inspire further cooperation across key global markets and advance Kia’s PBV business strategy to… Continue reading @Hyundai: Kia Partners with DHL Korea to Expand Sustainable Logistics Ecosystem with PBVs

José Muñoz Named To 2024 TIME100 Climate List

Muñoz recognized as an industry titan for his leadership of Hyundai’s commitment to electrification Hyundai continues to invest in the future of electric vehicles in the U.S. TIME100 Climate List recognizes leaders across the world in the fight for climate action FOUNTAIN VALLEY, Calif., Nov. 13, 2024 /PRNewswire/ — In their recently revealed 2024 TIME100… Continue reading José Muñoz Named To 2024 TIME100 Climate List

Vecna Robotics Closes $14.5M Additional Funding

Vecna Robotics, a Waltham, MA-based company which specializes in flexible material handling automation solutions, raised $14.5M in additional funding. Backers included unnamed existing investors. The company intends to use the funds to accelerate technology and product enhancements to address the automation needs of operators in automotive, general manufacturing, high-volume warehousing. Led by new CEO Karl… Continue reading Vecna Robotics Closes $14.5M Additional Funding

Swiggy makes strong debut, serving up fresh competition to ZomatoAt $12.1b, Swiggy’s valuation is currently half of Zomato’s.

Softbank-backed Swiggy debuted on the Indian stock exchanges on Wednesday at Rs 420 apiece—an 8% premium over its issue price of Rs 390. The shares ended the day at nearly Rs 464 apiece on the National Stock Exchange (NSE Ltd.), marking a 19% gain from the issue price and valuing the company at $12.1 billion.… Continue reading Swiggy makes strong debut, serving up fresh competition to ZomatoAt $12.1b, Swiggy’s valuation is currently half of Zomato’s.

Rajiv Rawat joins Stellantis IAP as Head of B2B Business for India and Asia Pacific

Rajiv Rawat has joined Stellantis IAP (India and Asia Pacific countries) as Head of B2B Business, effective November 11, 2024. Bringing over 24 years of automotive industry experience, Rajiv has held various roles at Tata Motors, Hyundai Motors, Volkswagen Group, and the Jeep Brand. Known for his expertise in business development, brand management, and sales… Continue reading Rajiv Rawat joins Stellantis IAP as Head of B2B Business for India and Asia Pacific

Hyundai IONIQ 9 Named One of Newsweek’s America’s Most Anticipated New Vehicles for 2025

Hyundai’s first three-row all-electric SUV earns advanced recognition for industry impact, market importance, and brand significance Teaser content for IONIQ 9 unveiled ahead of November world premiere FOUNTAIN VALLEY, Calif., Nov. 13, 2024 /PRNewswire/ — Hyundai’s first three-row, all-electric SUV, the IONIQ 9, has been recognized as among America’s Most Anticipated New Vehicles 2025 by… Continue reading Hyundai IONIQ 9 Named One of Newsweek’s America’s Most Anticipated New Vehicles for 2025

India’s NTPC Green sets price band for $1.2b IPOThe IPO will open for bids on Nov. 19 and close on Nov. 22.

India’s NTPC Green Energy has set a price band of 102 rupees to 108 rupees per share for its 100 billion rupees ($1.19 billion) IPO, which is set to be the country’s third-largest this year, a newspaper advertisement showed on Wednesday. The renewable energy company’s IPO will open for bids on Nov. 19 and close… Continue reading India’s NTPC Green sets price band for $1.2b IPOThe IPO will open for bids on Nov. 19 and close on Nov. 22.