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Hydro signs MoU with Panasonic and Equinor for establishing European battery business
18 NOV 20202MINS

Hydro signs MoU with Panasonic and Equinor for establishing European battery business

Hydro announced that the company has signed a Memorandum of Understanding (MoU) with leading technology company Panasonic and energy company Equinor to explore potential for establishing European battery business. Mototsugu Sato, Executive Vice President of Panasonic said, “This collaboration...

Rheinmetall’s Hasco KSPG Nonferrous Components to supply aluminium electromotor housings for electric vehicles
18 NOV 20201MINS

Rheinmetall’s Hasco KSPG Nonferrous Components to supply aluminium electromotor housings for electric vehicles

Chinese-German joint venture and the first tier auto industry supplier Hasco KSPG Nonferrous Components (KPSNC) has bagged a six-years order contract for aluminium electromotor housings from an internationally operating maker of premium automobiles. Designed for a water-cooled synchronous motor...

Alvance Aluminium Duffel factory to supply for Tesla
15 NOV 20202MINS

Alvance Aluminium Duffel factory to supply for Tesla

The aluminium factory in Duffel is under the drive of the new owner Alvance for a major investment program, perhaps even 300 million euros. Alvance Aluminium Duffel said: "Tesla is building a car factory in Germany, and it wants our aluminium." Geert Vannuffelen, Vice President Operations, Alvance...

Hyundai plans to bring mass-market electric vehicle in India investing over $40 billion into innovation
13 NOV 20202MINS

Hyundai plans to bring mass-market electric vehicle in India investing over $40 billion into innovation

South Korean carmaker Hyundai Motor India Limited (HMIL) is reportedly planning to launch a mass electric vehicle in the Indian market to further strengthen its product line and also its position as a smart mobility provider, said a top executive to ETAuto in an exclusive interaction. Seon Seob...

30% electric vehicles penetration into automobile market can help India save INR 1 lakh crore on crude oil imports
12 NOV 20202MINS

30% electric vehicles penetration into automobile market can help India save INR 1 lakh crore on crude oil imports

Recently, a study by the Council on Energy, Environment and Water (CEEW) reveals that India can save up to INR 1 lakh crore ($14 billion) annually on crude oil imports if it indulges in electric vehicles and allow to garner 30 per cent share of the country’s new vehicle sales by 2030. The increase...

China’s auto sales stand at 2.57 million units; Electric vehicles sales up 115.4%
12 NOV 20201MINS

China’s auto sales stand at 2.57 million units; Electric vehicles sales up 115.4%

China’s auto sales registered growth for a seventh month in a row. Sales came in at 2.57 million vehicles in October, according to the China Association of Automobile Manufacturers (CAAM).This marked an increase of 12.5% from the same month a year earlier as the country recovers from the COVID-19...

North Karnataka gives approval for electric vehicle manufacturing unit in Bagalkot
11 NOV 20202MINS

North Karnataka gives approval for electric vehicle manufacturing unit in Bagalkot

North Karnataka has given its approval for an electric vehicle manufacturing unit in Bagalkot district. The plant will be the first-of-its-kind in North Karnataka. Gaurav Gupta, principal secretary, department of commerce and industries in Karnataka confirmed to TOI that a proposal submitted by...

Hydro and Northvolt's planned pilot plant receives NOK 43.5 million in support from Enova
11 NOV 20202MINS

Hydro and Northvolt's planned pilot plant receives NOK 43.5 million in support from Enova

Hydro and Northvolt's planned pilot plant will receive NOK 43.5 million in support from Enova, a Norwegian government enterprise supporting clean energy and climate efforts. The plant, which will be built in early 2021, will recycle used electric car batteries. Hydro and the Swedish battery company...

Volkswagen Ponzam Aluminium foundry secures electric motor housings orders for wide range of models
10 NOV 20204MINS

Volkswagen Ponzam Aluminium foundry secures electric motor housings orders for wide range of models

The Volkswagen Poznań foundry is one of the largest aluminium foundries in Europe and also the third-largest in the VW concern. It is from the capital of Wielkopolska that almost all companies belonging to the German giant leave for factories around the world. This is where the transmission...

Passenger Vehicle sales in India witness a decline of 8.8% Y-o-Y to 249,860 units in October 2020: FADA
10 NOV 20202MINS

Passenger Vehicle sales in India witness a decline of 8.8% Y-o-Y to 249,860 units in October 2020: FADA

In October 2020, passenger vehicle (PV) registrations saw a year-on-year drop of 8.8 per cent to 249,860 units, according to the data shared by the Federation of Automobile Dealers Association (FADA). Total vehicle registrations at regional transport offices (RTOs), which are proxies for sales,...

Gränges concludes the acquisition of Aluminium Konin; Funds raised by Boryszew to pay off liabilities and development investments
08 NOV 20203MINS

Gränges concludes the acquisition of Aluminium Konin; Funds raised by Boryszew to pay off liabilities and development investments

On 6 th November’20, Gränges has completed the previously announced acquisition of the Polish flat-rolled aluminium producer Aluminium Konin. The acquisition of Aluminium Konin, communicated on 28 th November’19, will strengthen Gränges’ product offering and presence in Europe and contribute with...

Ola may set up electric scooter manufacturing facility in India
06 NOV 20201MINS

Ola may set up electric scooter manufacturing facility in India

If reports are to be believed, Ola Electric is likely to build India's largest electric scooter manufacturing plant. The company is in talks with various state governments, including Karnataka, Tamil Nadu, Andhra Pradesh and Maharashtra, for this project. Image for representation purpose only The...

India’s ETO Motors inks MoU with Telangana government for electric vehicles
05 NOV 20201MINS

India’s ETO Motors inks MoU with Telangana government for electric vehicles

India’s ETO Motors has inked a memorandum of understanding (MoU) with the Telangana government for the establishment of manufacturing facility for its range of electric vehicles. The plant will be built under its subsidiary Keto Motors with an investment of INR150 crore. NK Rawal, Managing...

LEVC starts production of its new electric van VN5 using 400 individual pieces of aluminium
04 NOV 20203MINS

LEVC starts production of its new electric van VN5 using 400 individual pieces of aluminium

On Tuesday, November 3, LEVC (London Electric Vehicle Company) announced that it started the production of its second product line - electric van VN5. VN stands for van and 5 for the volume of the cargo area. The company said that it had been designing, engineering and manufacturing the car at its...

Constellium’s three facilities certified against ASI Performance Standard
04 NOV 20202MINS

Constellium’s three facilities certified against ASI Performance Standard

Constellium has received Aluminium Stewardship Initiative (ASI) Performance Standard certification for its extrusion plant in Singen, production sites in Gottmadingen and Dahenfeld. These facilities manufacture aluminium components and structural elements primarily for the automotive sector. The...

AEM Canada completes post treatment of its HPA product in German trials to produce superfine HPA
03 NOV 20202MINS

AEM Canada completes post treatment of its HPA product in German trials to produce superfine HPA

AEM Canada Group Inc. has reportedly announced that the design problems with its Cap Chat Plant’s Fluidized Bed Roaster and Calciner have been resolved successfully, while adding that commissioning ramp-up to the current design of 900 tpa High Purity Alumina (HPA) will continue for the rest of the...

Telangana is aiming to become a hub for Electric Vehicles; Launches a 10-year EV policy
02 NOV 20202MINS

Telangana is aiming to become a hub for Electric Vehicles; Launches a 10-year EV policy

On Friday, October 30, the Government of Telangana launched the 10-year 'Telangana Electric Vehicle & Energy Storage Policy' with a vision to make the state a hub for electric vehicles (EVs) and energy storage systems (ESS). The policy, launched in the presence of ministers KT Rama Rao and Ajay...

Tata Motor’s Jaguar Land Rover enters research trials in association with General Association of the Aluminum Industry
23 OCT 20202MINS

Tata Motor’s Jaguar Land Rover enters research trials in association with General Association of the Aluminum Industry

The British multinational automotive company Jaguar Land Rover is entering in research trials to test the competence of advanced lightweight metals and composites to be used in future vehicles. The subsidiary of the Indian automotive company Tata Motor’s, JLR is headquartered in Whitley, Coventry,...