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US Chipmaker Micron Funnels $603 Million To Existing Battery Plant

Friday, June 16, 2023

US memory chipmaker Micron said on Friday (Jun 16) it was committed to China and would invest 4.3 billion yuan (US$603 million) over the next few years in its chip packaging facility in the Chinese city of Xian. The company has been targeted by C....

BYD To Set Up Sodium-ion Battery Manufacturing Facility

Monday, June 12, 2023

One of the biggest battery producers in the sector is BYD, the second-largest EV manufacturer in the world behind Tesla. It just began supplying Tesla with cost-effective iron phosphate batteries for the entry-level Model Y, but shortly, sodium-io...

India's EV Manufacurer Ola Electric To Raise Capital By IPO

Saturday, June 10, 2023

Next week will see the first of several meetings for India's Ola Electric's up to $1 billion IPO, according to two sources with direct knowledge. These meetings will be with investors in Singapore and the United States. According to the sources, ...

Tata Electricity Renewable To Set Up Power Plant For Tata Steel

Friday, June 09, 2023

Tata electricity Renewable Energy Ltd obtained a letter of award (LOA) to set up 966 MW RTC (round-the-clock) hybrid renewable electricity for Tata Steel through its subsidiary TP Vardhaman Surya Limited. The business stated in a regulatory filing...

Mahindra & Mahindra Steps Into Commercial Vehicle Market

Thursday, June 08, 2023

On Thursday, Mahindra & Mahindra announced the debut of the Supro CNG Duo, a light commercial vehicle that uses dual fuel and costs Rs. 6.32 lakh (ex-showroom Delhi). The vehicle can run on CNG and petrol. With a 75-litre CNG tank, it has a payloa...


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