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India Injects $15 Billion Into Semiconductors

Cars That Think

The government of India has approved a major investment in semiconductor and electronics production that will include the country’s first state-of-the-art semiconductor fab. It announced that three plants—one semiconductor fab and two packaging and test facilities—will break ground within 100 days. The government has approved 1.26

India 142
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Tesla CEO Elon Musk postpones planned trip to India

Teslarati

Tesla CEO Elon Musk has confirmed that his planned visit to India, which was reportedly scheduled for April 21-22, 2024, has been canceled. The CEO cited his current workload at Tesla as a reason for the postponement of his India trip, though he also noted that he is still looking forward to visiting the country later this year.

India 129
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TotalEnergies takes 25% stake in Adani New Industries Limited for green hydrogen in India

Green Car Congress

TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire a 25% interest in Adani New Industries Limited (ANIL). ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India.

India 150
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Sany Heavy Industry India Pvt Ltd expands presence in Odisha | Autocar Professional

Baua Electric

Sany Heavy Industry India Pvt Ltd, a leading global provider of construction machinery and equipment, on Friday announced opening of HO, M/s Raghunath Machinary. The inauguration ceremony, presided over by Deepak Garg VC & MD Sany India & South Asia, took place on April 24, 2024. ” he added.

India 52
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Tesla CEO Elon Musk’s India visit scheduled for April 21-22: report

Teslarati

Recent reports have suggested that Tesla CEO Elon Musk’s upcoming visit to India would last two days. During his visit, Musk would reportedly meet with several officials and industry representatives. An announcement outlining Tesla’s plans in India is also expected. Musk, however, did not specify the date of his visit.

India 139
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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.

India 417
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Hyundai & Kia to locally produce batteries in India

Teslarati

Hyundai Motor Company and the Kia Corporation plan to produce electric vehicle (EV) batteries in India. to collaborate strategically in India’s EV market. The company has EV expansion plans for India, starting with the leading Indian battery company, Exide Energy. Hyundai Motor is Kia’s parent company.

India 123