BMW, Qualcomm & Arriver partner to develop automated driving software

BMW, Arriver Software and Qualcomm Technologies have recently inked a long-term collaboration for developing next-generation AD (automated driving) technologies, extending from Level 2 Advanced Driving Assistance Systems, NCAP (New Car Asse....

Resurgent Power Ventures wins proposal to acquire assets of SEUPTCL

The Tata Power joint venture is aiming to diversify the Resurgent Power portfolio Tata Power has announced that its Singapore-based joint venture Resurgent Power Ventures has received a nod for acquisition of the stressed asset of SEUPTCL ....

Record breaking global CO2 emissions in 2021, says IEA analysis

CO2 emissions surged by 6% in 2021 reaching 36.3 billion tonnes CO2 emissions over exceeded by 2 billion tonnes, marking the largest spike in the history 40% rise in global CO2 emissions can be attributed to the coal industry IEA has ....

Volex nabs majority stake in manufacturing services firm inYantra Tech

A decisive strategic partnership worth $13 million inked between Volex and InYantra Indian electronics design and manufacturing services firm, inYantra Technologies Pvt. Ltd. has reportedly announced that UK-based Volex plc – an inte....

Healthtech firm DeepTek raises $10Mn from Tata Capital Healthcare Fund

Tata Capital Healthcare Fund, the arm of Tata Capital Ltd., has reportedly led a Series A funding round of $10 million in DeepTek Inc., a new-age health startup, signifying the former’s first bet in digital healthcare. Ajit Patil, Co....

BASF opts Canada to expand supplies for the thriving EV battery market

BASF SE, a German multinational chemical company, has reportedly secured land for a premeditated battery materials facility in Canada. The country's industry minister said that it would be the first pillar of the country's initiativ....

50Hertz to infuse $6.2Bn in offshore grid connections from 2022-2026

The company aims to double last five year’s investment by the end of the decade  German electricity transmission system operator, 50Hertz Transmission GmbH is planning on investing in grid connections housed on massive offshore....

Rivian raises prices of electric vehicles, quoting higher costs for parts

Rivian, an American electric vehicle automaker, has recently increased the price of all of its electric R1S SUV by around 20% and R1T pickup by 17%. The prices are hiked as the newly public automaker attempts to regulate the inflationary pr....

ExactSpace to expand operations in North America with $1.4Mn funding

AI startup is uniquely stationed at the core of $100 billion market opportunity Bengaluru-based artificial intelligence company, ExactSpace Technologies has reportedly announced the acquisition of $1.4 million investment in Thermax Limited....

Solid Oxide Fuel Cell Market Trends, Growth & Opportunities 2022-2028

The study titled ‘Global Solid Oxide Fuel Cell Market Research Report’ includes a detailed research undertaken by analysts as well as an in-depth analysis of the global market. A detailed, highly extensive study of this market a....