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EV Space: The Indian electric vehicle (EV) sector would continue to face regulatory, technology and market headwinds in 2024, said industry officials.
EV Components: From reducing weight and enhancing thermal efficiency to minimizing charging time and fortifying durability, engineered aluminium, a versatile material, is pivotal in elevating handling and driving dynamics. Its design flexibility fuels innovation while promoting safety in the realm of EVs.
“In the short term while we do expect the margins to maintain at around 11% plus-minus a few basis points and when we say the guidance of 11%, the incremental cost which normally tends to creep in once you commission the new plants is already baked in. We do not expect any significant deterioration or dilution in the existing margins per se.”
MAHLE Powertrain Battery Development: The State-of-the-art battery development center in Stuttgart is aimed at European clients. It supports all aspects from initial prototyping to small-scale production, and complements the company’s recently-opened vehicle and battery development centre in Northampton, the UK.
Cathode Centre Germany Epsilon: The global electric vehicle market, valued at USD 380 billion in 2022, is projected to soar to USD 1.5 trillion by 2030, according to Fortune Business Insights, Epsilon said, adding that cathode materials are pivotal to this growth trajectory.