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Semiconductor company Mindgrove launches India’s first commercial MCU chip – ET Auto

Baua Electric

Peak XV Partners-backed fabless semiconductor startup Mindgrove Technologies said on Sunday that it launched what it claimed is India’s first commercial high-performance SoC (system on chip). The company said it is the only Indian chip that is commercially available in this segment.

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Wärtsilä offering first commercially available auto-docking system: SmartDock

Green Car Congress

The technology group Wärtsilä has taken a notable step towards realising the full commercial potential of autonomous vessels. This makes SmartDock the world’s first commercially available auto-docking solution. —Joonas Makkonen, Vice President, Voyage Solutions, Wärtsilä.

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EVR Motors partners with EKA Mobility to provide advanced lightweight electric motors for e-buses and Light Commercial Vehicles in India

Green Car Congress

Israeli startup EVR Motors has partnered with India’s EKA Mobility, an electric vehicles and technology company, a subsidiary of Pinnacle Industries Limited, to design small, lightweight electric motors for their e-buses and Light Commercial Vehicles (LCVs) in India. The partnership with EKA is EVR’s third collaboration agreement in India.

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Geely’s Farizon Auto secures more than $300M through Pre-A funding

Green Car Congress

Farizon Auto, the new energy commercial vehicle brand from Zhejiang Geely New Energy Commercial Vehicle Group (a subsidiary of Geely Holding) raised more than US$300 million in its first external financing round. Farizon Auto’s new energy semi, the Homtruck, is planned for delivery in early 2024. Earlier post.).

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Battrixx investing in sodium-ion chemistry despite commercial challenges – ET Auto

Baua Electric

New Delhi: Battery pack manufacturer, Battrixx introduced high-voltage battery packs for the tractor and commercial vehicles at the Bharat Mobility Global Expo , 2024. The unveiled products are for a 27 hp tractor, a 40 hp tractor, and two variants with power ratings of 15 kW and 32 kW light commercial vehicle targeting 0.5-tonne

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Bus stand to be leased for commercial ventures – ET Auto

Baua Electric

According to sources, KSRTC intends to lease the property to private entities for conversion into a Kalyan Mantap, mall, hospital, or any other commercial venture. Seeking alternative revenue sources, the corporation is exploring options to lease the building as office space and the adjacent vacant area for commercial purposes.

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SAIL directors suspended after Lokpal concludes discrepancies in commercial deals – ET Auto

Baua Electric

Two directors and multiple executive director level officers of Steel Authority of India Limited ( SAIL ) were suspended after the Lokpal concluded there were discrepancies in commercial dealings at the public sector undertaking (PSU).