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Sahasra Semiconductors, a Rajasthan-based semiconductors company, has commenced the commercial production of the first-ever Indian-made memory chips, surpassing even Micron, the renowned US memory chip maker.
Continental has been awarded preferred tire partner status by Mercedes-Benz in China, Australia, Malaysia, and Indonesia. This is valid from now until August 2025. The existing partnership in India has been extended until August 2024.
Enno Straten will become head of Continental’s Automotive Aftermarket business segment at Continental, effective November 1, 2023. This segment includes replacement and wear parts for the passenger car aftermarket, such as brakes, electronic components, service equipment or batteries.
The Goodyear Tire & Rubber Company, a tire manufacturer, and Visolis, a sustainable technology company, announced a collaboration project between the two companies to produce isoprene through the upcycling of biobased materials.
The Union Cabinet chaired by Prime Minister Shri Narendra Modi was apprised of a Memorandum of Cooperation (MoC) signed in July, 2023 between the Ministry of Electronics and Information Technology of the Republic of India and the Ministry of Economy, Trade and Industry of Japan on Japan-India Semiconductor Supply Chain Partnership.
bp announced a deal in which bp pulse, bp’s EV charging business, will acquire ultra-fast charging hardware units from Tesla for $100 million. The investment will facilitate the expansion of the bp pulse public network across the US, while also enabling support for EV fleet customers by deploying chargers at their private depots.
Stellantis and Nauto® has announced that Nauto’s AI-powered vehicle safety solution is available for Stellantis commercial fleet customers in the U.S. Through this partnership, Stellantis aims to empower fleet owners with a best-in-class vehicle safety solution that provides real-time alerts to help prevent collisions, promotes safer driving behaviors, and helps reduce collision losses.
Switch Mobility, a Hinduja Group subsidiary specializing in next-generation buses and light commercial vehicles, has secured an order for 70 electric buses from Stagecoach, a bus and coach operator in the UK.
NEOM, the smart and sustainable regional development in northwest Saudi Arabia, has announced an investment of USD 100 million, through the NEOM Investment Fund (NIF), into Pony.ai, a global autonomous driving company. Additionally, a joint venture will be established for autonomous technology solutions for the region.
Stellantis N.V. and Leapmotor announced that Stellantis plans to invest ca. €1.5 billion to acquire approximately 20% of Leapmotor. The deal also outlines the formation of Leapmotor International, a 51/49 Stellantis-led joint venture that has exclusive rights for the export and sale, as well as manufacturing, of Leapmotor products outside Greater China.