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"The latest supply deal marks the first ever partnership between Samsung and Hyundai Motor Group in the field of electric vehicle batteries," Samsung SDI said in a statement.
Tsmc: Last October, the Biden administration published a sweeping set of export controls, including a measure to cut off China from certain semiconductor chips made anywhere in the world with U.S. tools, vastly expanding the reach of a bid to slow Beijing's technological and military advances.
PLI Auto Industry: Applicants under the scheme had proposed an investment of INR 67,690 crore, of which INR 10,755 crore has been invested till June-end this year, an official statement said.
Applicants under scheme had proposed investment of Rs 67,690 crore, of which Rs.10,755 crore has been invested till June-end this year, an official statement said.
Bharat Forge’s risks from exposure to the auto sector are now in the rear view mirror as non-auto diversifications begin to bear fruit