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LG Energy, Hyundai battery partnership will boost Indonesia strategic presence in EV market

Following the news that Hyundai Motor Group has teamed up with LG Energy Solution to build an electric vehicle (EV) battery cell manufacturing joint venture (JV) with US$1.1bn investment in Indonesia; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Indonesia, which has reserves of nickel […]

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Hindustan Zinc and Normet Group Oy sign MoU to introduce a fleet of electric vehicles

Hindustan Zinc will become the first mining company in India to introduce electric vehicles in UG mines This partnership will help HZL in achieving its mission for ‘Sustainable Operations for healthier mining & greener tomorrow’ A pioneer in adopting innovative solutions and smart technologies for responsible mining, Hindustan Zinc sets another benchmark by introducing Front […]

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ANAND Group and Mando Corporation announce the set-up of a new Joint Venture Company called ANAND Mando eMobility

The Joint Venture (JV) Partners collaborated for the first time in 1997 with the set-up of Mando Automotive India Private Limited (MAIPL) to manufacture state-of-the-art brake systems. The relationship was further strengthened in 2012 when the ANAND Group acquired a stake in Mando Steering Systems India Limited. This relationship has evolved and strengthened over the […]

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Electric-mobility start-up, Cell Propulsion launches first battery production line

Cell Propulsion, an electric mobility start-up, inaugurated its pilot production plant in Bengaluru for the manufacturing, assembly and testing of Li-ion battery packs. The maximum output capacity of this pilot plant is 500kW-hr per month. These battery packs will be installed in the eLCVs that they are manufacturing. Founded by former ISRO engineers, Cell Propulsion […]

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Dana and Switch Mobility Partner on Electrified Commercial Vehicles

Dana Incorporated (NYSE: DAN), a global leader in drivetrain and e-propulsion systems, and Switch Mobility Ltd. (‘Switch Mobility’ or ‘the company’), the electrified commercial vehicles company and subsidiary of Ashok Leyland Ltd, a leading commercial-vehicle manufacturer, announced today the signing of a strategic agreement between the two entities. Under the terms of the agreement, Dana […]

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