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SK Innovation Q2 profit tops forecast, battery unit eyes EV demand recovery, ET Auto

SK Innovation: "While we saw drops in EV battery shipment in the first quarter caused by customers battery inventory adjustment, we expect to see improved market environment backed by launches of new EVs in North America," SK On Chief Financial Officer Kim Kyunghoon said in a post-earnings conference call.

Next-gen digital dashboards: How smart displays are transforming modern cars, ET Auto

Smart Displays: Your car has a smart screen that could rival a cockpit — sensors, intuitive interfaces, phone integration and infotainment. Fasten your seatbelts

Capex for EV components to exceed INR 25,000 cr in 3-4 years: ICRA, ET Auto

Ev Component Market: ICRA expects EVs to account for around 25% of domestic 2W sales and 15% of passenger vehicle sales by 2030, translating into strong market potential for EV components. Indian E2W component market potential is projected to exceed INR 1,00,000 crore by 2030, while the EPV component is foreseen at another INR 50,000 crore, in terms of revenue potential for ancillaries. ICRA projects demand for EV battery in India (for domestic sales) at ~15 GWh by 2025 and ~60 GWh by 2030

Log9 rebrands mobility biz as Amphion for holistic EV asset management, ET Auto

Log9: From the fleet operators to drivers, Amphion offers solutions that optimize asset utilization, minimize downtime, and ensure cost-effective operations for a successful transition to electric mobility, the company said.

Honda Two Wheelers: Honda to use India as key pivot in 2-wheeler electrification plans, ET Auto

Honda Two Wheelers: Beyond launching products, Honda will leverage the competencies in India for its global electrification strategy which will gain ground in ASEAN, Europe and Japan. The Japanese automaker has thrown up some broad hints of the road ahead in its Honda Report 2023.

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