Browsing: Auto Components

Flux Power Holdings, Inc. a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, is proud to announce a new partnership aimed at enhancing the recycling process for end-of-life lithium-ion batteries with the largest critical battery components recycling company in the U.S. This collaboration represents a significant step forward in Flux Power’s ongoing commitment to environmental responsibility.

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Euler Motors unveiled its commercial EV manufacturing and R&D facility in the industrial hub of Palwal, Haryana. Spanning 5 lakh sq. ft., the plant has a production capacity of 36,000 vehicles annually. Built with an investment of Rs 100 crore, the factory will serve as Euler Motors’ national manufacturing hub, catering to the rising demand for its 3W HiLoad EV from across the country. as the company plans to expand its footprint from 26 to 40 cities by FY25.

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Honda Motor Co., Ltd. and Yamaha Motor Co., Ltd. announced that they have reached an agreement for Honda to supply Yamaha with electric motorcycle models for the Japanese market, based on the Honda “EM1 e:” and “BENLY e: I” Class-1 category* models, as an OEM (original equipment manufacturer). The two companies will proceed with further discussion toward the signing of a formal agreement.

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