The Centre on Wednesday announced the approval of a key initiative designed to bolster India’s manufacturing prowess in materials crucial for automotive and other industries. The Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets has been sanctioned with a financial outlay of Rs 7,280 crore, signaling a major push toward self-reliance in a… Continue reading India Approves Rs 7280 crore Plan to Make Magnets for EVs. Here’s Why It Matters.
Tag: Mobility
Quantum Materials Market to Hit USD 96.9 Billion by 2032 as the Race for Quantum Computing, Next-Gen Semiconductors, and Topological Electronics Accelerates Globally
AUSTIN, Texas and TOKYO, Nov. 26, 2025 /PRNewswire/ — According to DataM Intelligence, the Quantum Materials Market Size was USD 10.42 billion in 2024 and is projected to skyrocket to USD 96.9 billion by 2032, registering an aggressive CAGR of 32.15% during 2025–2032. This dramatic expansion marks one of the fastest-growing deep-tech sectors of the decade,… Continue reading Quantum Materials Market to Hit USD 96.9 Billion by 2032 as the Race for Quantum Computing, Next-Gen Semiconductors, and Topological Electronics Accelerates Globally
China Cycle 2026: Building An Innovation Driven, Intelligence-led Future
SHANGHAI, Nov. 26, 2025 /PRNewswire/ — The 34th China International Bicycle Fair (China Cycle 2026) is expected to unveil the grand exhibition from May 5 to 8, 2026 at the Shanghai New International Expo Center (SNIEC), themed “Innovation-Driven, Intelligence-Led Future.” Building on three decades of expertise and innovation, China Cycle has become a pivotal hub shaping… Continue reading China Cycle 2026: Building An Innovation Driven, Intelligence-led Future
China Cycle 2026: Building An Innovation Driven, Intelligence-led Future
SHANGHAI, Nov. 26, 2025 /PRNewswire/ — The 34th China International Bicycle Fair (China Cycle 2026) is expected to unveil the grand exhibition from May 5 to 8, 2026 at the Shanghai New International Expo Center (SNIEC), themed “Innovation-Driven, Intelligence-Led Future.” Building on three decades of expertise and innovation, China Cycle has become a pivotal hub shaping… Continue reading China Cycle 2026: Building An Innovation Driven, Intelligence-led Future
Enhanced to Go Public Through Business Combination with A Paradise Acquisition Corp.
The business combination values Enhanced at an enterprise value of $1.2 billion and is expected to provide up to $200 million in gross cash proceeds upon closing assuming no redemptions by SPAC shareholders. The consummation of the business combination, subject to regulatory approval, will result in Enhanced becoming a publicly traded company called Enhanced Group… Continue reading Enhanced to Go Public Through Business Combination with A Paradise Acquisition Corp.
Toshiba Targets Motorcycles and Boats With Its Batteries
Toshiba has carved out a significant share of the lithium-ion battery market in industrial, automotive, and energy sectors—despite championing a more expensive anode material with lower energy density. The Japanese company is using lithium titanium oxide (LTO) anodes as it competes with standard lithium-ion batteries to gain a foothold in price-sensitive markets including low-power vehicles,… Continue reading Toshiba Targets Motorcycles and Boats With Its Batteries
AAM to Present at the UBS Global Industrials and Transportation Conference 2025 on December 3
DETROIT, Nov. 26, 2025 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the UBS Global Industrials and Transportation Conference 2025 on December 3. AAM is scheduled to webcast the fireside chat presentation at 9:40 a.m. ET. The live audio webcast will be accessible through the Investor Relations page on AAM’s… Continue reading AAM to Present at the UBS Global Industrials and Transportation Conference 2025 on December 3
Autorox and Bosch Announce Global Partnership for Automotive Aftermarket
Autorox and Bosch Mobility Platform and Solutions have announced a global strategic collaboration aimed at transforming vehicle repair and maintenance operations worldwide. Under the partnership agreement, Bosch Mobility Platform and Solutions will function as the exclusive global distributor for Autorox and Autozilla, two automotive aftermarket platforms founded by Vijay Gummadi. The collaboration targets digitally enabling… Continue reading Autorox and Bosch Announce Global Partnership for Automotive Aftermarket
Mahindra Racing Commits to Formula E’s GEN4 Era Until 2030
Mahindra Racing announced its commitment as a manufacturer to the GEN4 era of the ABB FIA Formula E World Championship, extending its participation until at least 2030 when the new generation begins in the 2026/27 season. The announcement, made during the unveiling of the team’s new M12Electro in India, continues a relationship that began in… Continue reading Mahindra Racing Commits to Formula E’s GEN4 Era Until 2030
Wishpond Returns to Positive Adjusted EBITDA and Achieves Highest Gross Margins Since 2020
The Company returned to positive Adjusted EBITDA in Q3 2025, generating $49,012, driven by successful cost optimization initiatives and a leaner operating model. Wishpond achieved gross margins of 71% in Q3 2025, the Company’s highest gross margin percentage since Q3 2020, reflecting improved product mix and operational efficiencies. VANCOUVER, BC, Nov. 26, 2025 /PRNewswire/ – Wishpond… Continue reading Wishpond Returns to Positive Adjusted EBITDA and Achieves Highest Gross Margins Since 2020