Revenue stood at Rs 1,886 crore as compared to Rs 1,151 crore in the same period. Even as the current quarter was impacted by lockdowns due to pandemic, the aftermarket demand across product segments in both automotive and industrial segments remained strong. The company’s industrial and automotive batteries are exported to countries in the Indian… Continue reading World NM: Amara Raja Batteries Q1 profit doubles to Rs 167 crore001458
Tag: Electric vehicles
Nidec: Henkel’s next generation metal pretreatment takes the second-place award in the sustainability category of the 2021 Altair Enlighten Awards000019
Henkel’s next generation metal pretreatment process ensures effective corrosion prevention and paint adhesion across major metal types, including up to 100 percent aluminum. (PRESS RELEASE) MADISON HEAIGHTS, MI, Unites States, 4-Aug-2021 — /EuropaWire/ — Henkel (ETR: HEN3), a German chemical and consumer goods company, has announced its next generation metal pretreatment process for automotive production… Continue reading Nidec: Henkel’s next generation metal pretreatment takes the second-place award in the sustainability category of the 2021 Altair Enlighten Awards000019
Nidec: Siemens Mobility and Continental Engineering Services to accelerate production of truck pantographs000017
Siemens Mobility and Continental Engineering Services to accelerate production of truck pantographs Siemens Mobility and Continental cooperate in manufacturing pantographs for trucks Initiative of the Ministry of Transport recommends eHighway on 4,000 kilometers of autobahn (PRESS RELEASE) MUNICH, 29-Jul-2021 — /EuropaWire/ — Siemens Mobility announces partnership with Continental Engineering Services (CES) to develop and manufacture… Continue reading Nidec: Siemens Mobility and Continental Engineering Services to accelerate production of truck pantographs000017
@GM: OnStar Expands Work with RapidDeploy to Advance Public Safety Technology
OnStar Expands Work with RapidDeploy to Advance Public Safety Technology GM Ventures invests in the cloud-based emergency response platform, RapidDeploy, as a commitment to increasing public safety situational awareness with data-driven technology 2021-08-10 DETROIT – GM Ventures today announced its participation in the $40 million Series B funding round for RapidDeploy, a public safety technology… Continue reading @GM: OnStar Expands Work with RapidDeploy to Advance Public Safety Technology
China’s installed capacity of storage batteries surges in July
A driver charges his new energy vehicle in Weifang, Shandong province. [Photo by Wang Jilin/For China Daily] BEIJING — China’s installed capacity of storage batteries used to power electric vehicles surged in July amid strong sales of new energy vehicles, industry data showed. Last month, the installed capacity of storage batteries came in at 11.3… Continue reading China’s installed capacity of storage batteries surges in July
Jack Ma-linked startup scours Greenland for EV battery materials
A mineral exploration startup linked to Alibaba founder Jack Ma will partner with a mining company to hunt for EV-battery raw materials in Greenland, as automakers barrel toward an all-electric future amid mounting climate concerns. Kobold Metals has signed a joint venture agreement with BlueJay Mining, in which Kobold will hold a 51% stake and… Continue reading Jack Ma-linked startup scours Greenland for EV battery materials
EV makers confront risk of runaway prices for battery metals
TOKYO — Makers of electric vehicles and EV batteries have staked claim to both supplies and alternatives to lithium, cobalt and nickel as fast-rising prices of these crucial metals threaten to soar higher in the coming years. The International Energy Agency estimates global demand for lithium will be 42 times greater in 2040 than in 2020, assuming a target… Continue reading EV makers confront risk of runaway prices for battery metals
Good Entry Point for NIO Stock? Analyst Weighs In
Nio (NIO) investors usually have high expectations from the company dubbed the Tesla of China. Before Thursday’s post-2Q21’s results, in the prior 11 quarters, shares fell eight times following the quarter’s financial report. Going by Thursday’s action, you can now make that 9 out of 12. Not that the results were bad. In fact, there… Continue reading Good Entry Point for NIO Stock? Analyst Weighs In
XUV700 begins Mahindra’s offensive to reclaim leadership in SUVs
By 2026, Mahindra & Mahindra (M&M) looks to launch 23 new vehicles. Of these, nine will be SUVs. This strategy reflects the OEM’s new thrust for its automotive business to be a leading player again in its core area of SUVs. In India’s booming utility vehicle market, M&M currently has a 15% market share, behind Maruti Suzuki… Continue reading XUV700 begins Mahindra’s offensive to reclaim leadership in SUVs
Glickenhaus previews new FCEV pick-up with 600-mile range – Autocar
American firm Scuderia Cameron Glickenhaus has previewed a hydrogen fuel cell (FCEV) pick-up concept, which, the manufacturer says, will target 600 miles of range. The Glickenhaus Zero Emission Hydrogen Fuel Cell Boot Pickup concept is based on the Baja Boot, presented by the firm in February this year. Glickenhaus described the car as having a “quick, low-cost,… Continue reading Glickenhaus previews new FCEV pick-up with 600-mile range – Autocar