Daily News Wrap up: India’s EV Revolution: Challenges, Opportunities, and Milestones

India’s EV Revolution: Challenges, Opportunities, and Milestones

India's automotive sector is about to undergo a radical change, with electric cars (EVs) becoming the mainstay of the country's aspirations for sustainable mobility. The EV industry is a hive of activity and invention due to rising environmental concerns, fluctuating oil prices, and a strong... Read More.

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 + ADAS features to reach 50% by 2030 and sees India as one of the fastest-growing... Read More.

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 Code (IBC), a Delhi bench of the National Company Law Tribunal (NCLT) began the process... Read More.

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 need to increase our capacity for bus air conditioning systems due to the growing demand... Read More.

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 increase its competitiveness in the next mobility sector, the company wants to acquire this revolutionary... Read More.

Warivo Motor, Shriram Finance Partner for Accessible EVs

Warivo Motor Pvt Ltd has teamed up with Shriram Finance to provide clients flexible and reasonably priced financing alternatives. Through this strategic partnership, India's transition to sustainable transportation will be accelerated by making electric mobility available to underserved market groups. Warivo Motor will provide tailored... Read More.

Driving Green: India’s EV Subsidies Empower Future?Mobility

India is making a swift shift to electric vehicles in an effort to fight pollution, lessen its reliance on fossil fuels, and encourage environmentally friendly transportation. The Indian government along with some states have implemented extensive subsidy programs to lower the cost and increase the... Read More.

Hyundai IONIQ 5 Sets Guinness Record for Altitude Change

A recent effort to win the Greatest Altitude Change by an Electric Car title from the renowned GUINNESS WORLD RECORDSTM was made by Hyundai Motor Company's award-winning IONIQ 5. The IONIQ 5, which was organized by Hyundai Motor India Limited (HMIL) and piloted by the... Read More.

LG Energy Solution, Qualcomm Unveil SoC-Based BMS for EVs

In partnership with Qualcomm Technologies, Inc., LG Energy Solution has introduced a novel battery management system (BMS) diagnostic solution that is fueled by system-on-chip (SoC) technology. With its unmatched safety and efficiency diagnostics, the new software, which is incorporated into the Snapdragon? Digital ChassisTM, establishes... Read More.