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Showing posts with the label ELECTRIC CARS

India's Tata Group plans manufacturing push into chips and EV batteries

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 India’s Tata Group is planning a foray into semiconductor manufacturing as the coffee-to-cars conglomerate seeks to mitigate the pain from the global chip crisis as well as reduce dependence on imports. Besides making chips, plans to manufacture batteries for electric vehicles will also be announced soon, N Chandrasekaran, chairman of Tata Sons, the group’s main holding company, said at an event in Mumbai on Friday. Mr Chandrasekaran had spoken about evaluating partnerships for cell and battery manufacturing in India and Europe in Tata Motors' annual report in June. The initiatives by the $103 billion Tata Group are aligned to Prime Minister Narendra Modi’s attempts to make India a leader in semiconductor production and reduce its reliance on imports amid global chain disruptions. Several international chip giants including Intel and Taiwan Semiconductor Manufacturing are exploring India as a potential manufacturing base, the nation’s Technology Minister Ashwini Vaishnaw said on T...

Lincoln reveals first electric car concept as market for EVs races ahead

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 One of the oldest luxury brands in the US introduced its first concept for an electric vehicle, the Lincoln Star Concept, on Thursday as Ford Motor's luxury line plays catch-up with premium rivals that have already plugged in. The elongated SUV has large wheels that look like discs and a flat roofline angled down in the rear, ostensibly to improve aerodynamics. Although it’s not a running, driving model, and the company did not release any performance estimates, the Star Concept is the first tangible indicator of the brand’s promise to deliver three fully electric vehicles by 2025 and a fourth by 2026. “In 2017 there were only five premium electric vehicles, today there are 48, and by the end of the decade premium EV sales will triple,” Lincoln president Joy Falotico said. “So now is our moment.” The vehicle comes with a top half largely encased in glass, with a see-through roof that can be darkened manually and 3D-printed front and rear pillars that allow light to flow into the c...