KPIT Technologies introduced Sodium (Na)-battery tech, aiming for a 25-30% cost reduction compared to lithium-ion batteries, critical in EVs. Promising 80% capacity retention for 3000-6000 cycles and faster charging, it targets diverse applications from vehicles to grid storage. The firm, collaborating with IISER Pune, harnesses earth-abundant materials, aiming to lessen India s battery import reliance. Seeking partnerships for mass production, KPIT s sodium-ion tech aligns with global sustainability efforts amidst rising interest in alternative battery solutions.
A deal between KPIT Technologies and AirConsole parent company N-Dream will help the Swiss company sign more deals with content providers and car manufacturers
A Saudi Arabia and Pakistan-based start-up hopes its technology, shortlisted for awards at the COP28 climate change summit, will bring down greenhouse gas emissions across the Middle East
The role of softwarisation in the automotive industry is so big that the OEMs are increasing their investments substantially. The trend is expected to continue into the late 2030s. More displays, sensors and cameras are being incorporated in the cars of the future, the software-defined vehicles. The challenge for the OEMs will not be innovation of features but its implementation mechanism.
The selling pressure in Tata Tech s stock was amid high volumes with over 62.76 shares changing hands on the NSE at 9:50 am. The price correction also ensured its market cap slipped below its peer Tata Elxsi.