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Amkor has committed $1.6 billion for the first two phases of the project for facility, machinery and equipment, making a substantial contribution to Vietnam’s economic growth. The result will be Amkor’s most advanced facility, delivering next-generation semiconductor packaging capabilities.

EV5 is a compact electric SUV for millennial families. The Kia Concept EV3 aims to deliver the Kia EV9’s benefits in a compact SUV, while the Kia Concept EV4 reimagines electric sedans with striking design.

With this new initiative, Cyngn is committed to partnering with businesses in the manufacturing and logistics sectors, helping them to plan autonomous vehicle solutions that yield more successful AV deployment and development projects.

Repair OnDemand, a division of Repairify™, and an automotive solutions provider, has announced the appointment of Mike Boyd as the Managing Director of AutoMobile Technologies (AMT), effective October 10, 2023. In this newly created role, Mike will report directly to Repair OnDemand President, Randy Kobat.

Days after the Metro Rail services on the Purple Line became fully operational here, Karnataka Transport Minister Ramalinga Reddy launched feeder bus services between the Metro stations and key stops on Outer Ring Road to facilitate last mile connectivity and reduce traffic congestion.

The panel wants V2X to be considered for inclusion in India’s Bharat New Car Assessment Programme (NCAP) for car safety ratings, in line with developments abroad, but did not set any deadline for adoption of its recommendations.

BYD India has partnered with OHM E Logistics to deliver 300 All-New e6 electric passenger vehicles across India in the next six months. This partnership is set to usher in a new era of eco-friendly transportation in key regions.

HUBER+SUHNER has announced the expansion of its High Power Charging (HPC) product portfolio to include its very own North American Charging System (NACS) solution. These charging prototypes will be available for field testing and validation in Q1 2024.

Digital Infrastructure unveils the DIMO Macaron, a connected vehicle device. The OBD2 device utilizing Helium IoT, the world’s largest LoRaWAN network. The Macaron empowers drivers and fleets to understand and optimize their vehicle’s health and performance by equipping vehicle owners with an error code reader, GPS, and car maintenance tracker — all powered by the DIMO Mobile app.

A Rs. 375 crore fund registered with SEBI, Indian Angel Network’s inaugural VC fund, IAN Fund I, has successfully exited from some of its investments. One of the standout divestments includes Zypp, an electric mobility company.