Global automakers earmark ~$600 bn for EVs over next decade

Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Therefore, automakers are committing operational investments of nearly US$600bn to secure their position in the future automotive market, says GlobalData, a leading data and analytics company. Broadly, the investments announced focus on […]

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ANAND Mando Emobility Aiming for strong presence in EV Market in India

The overarching motto of ‘zero complaints’, ‘zero defects’, ‘zero accidents’ of ANAND Group guides ANAND Mando E-Mobility which is the 2nd JV in India between ANAND Group and the South Korean company, Mando Corporation. Inaugurated in October 2021, their plant boasts of robust infrastructure and has already begun manufacturing 12-inch hub motors. In an insightful […]

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Mission 2040: Global commitment on zero-emission trucks and buses at COP26

The first-ever global agreement on zero-emission medium and heavy-duty vehicles aims to put net zero-carbon emissions by 2050 within reach by moving toward 100% zero-emission new truck and bus sales by 2040. Dhiyanesh Ravichandran has the details Of all the automotive-related emission sources, medium and heavy-duty vehicles (MHDVs) have always been the most challenging source […]

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Changing the power equation

There has been a rise in demand for power semiconductor modules due to a boost in the electric vehicles’ market, writes Hitesh Bhardwaj, General Manager, Mitsubishi Electric India The automotive industry has seen major advancements with the world of smart technology shifting towards battery-operated vehicles. Producing over 60 million cars and trucks annually around the […]

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