M&M, BII Increase Mahindra Electric Investment to Rs 650 Crore
Mahindra & Mahindra Ltd. and British International Investment Plc (BII), a division of the UK government, have changed the terms of BII's funding tranche for Mahindra Electric Automobile Ltd (MEAL),...
KAIST Develops Carbon Fiber Batteries for Automotive Integration
There is a lot of possibility in integrating battery storage into automobiles and structures. Achieving a high energy density and guaranteeing a robust load-bearing capacity are the two main obstacles...
BYD Registers Design Patents for Denza N9, Bao 3 in India
Recently, BYD has been active in India, registering new design patents. The Bao 3 EV was the subject of the September filing, while the Denza N9 PHEV was filed in...
Valeo Prepares to Meet ADAS Demand from India
French automaker Valeo intends to capitalize on the country's passenger car industry's rising need for ADAS (Advanced Driving Assistance Systems). The business forecasts global penetration of up to Level-2 +...
Hero Electric Faces Insolvency After Metro Tyres’ Petition
Hero Electric has been placed under insolvency after Metro Tyres filed a petition for Rs 1.85 crore in outstanding debts. In accordance with the provisions of India's Insolvency and Bankruptcy...
Eberspaecher Opens Poland Plant for Hybrid, Electric Buses
The Eberspaecher Group has started producing thermal management systems for electric city buses and coaches at a new facility in Przylesie, Poland. Approximately 20,000 systems will be produced annually. "We...
Hyundai Mobis Develops Cooling Material for EV Batteries
In order to avoid battery overheating while charging electric vehicles at extremely high speeds, Hyundai Mobis has revealed that it has created a novel cooling material for battery cells. To...
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