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Valeo plans to invest Rs 1500 crore on capex, 35% of it for EV business

Valeo plans to invest Rs 1500 crore on capex, 35% of it for EV business

Ketan Thakkar     calendar21 Jun 2023

The company has lined up an investment of Rs 1,500 crore in India to accelerate its business in the country. Of this amount, 35 percent is allocated for the electrification space.

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The highlight of the issue is the mid-sized SUV boom in India.

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Tech Talk: A new and safer way to recycle EV battery packs Feature
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By Jesse Crosse, Autocar UK calendar19 Jun 2023

Bosch Rexroth's kit fully automates battery discharge, recycling eight lithium-ion batteries in less than 15 minutes.

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Volkswagen’s battery division develops pathbreaking technology for cell production News International
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autherAutocar Pro News Desk calendar16 Jun 2023

Dry coating of battery cells claimed to save about 30 percent energy, 15 percent floor space required and millions of ...

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Reality check: What role can e-fuels play in reducing car emissions? News International
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By Charlie Martin, Autocar UK calendar13 Jun 2023

'Carbon-neutral' fuels such as e-fuels could complement electrification, but face significant challenges.

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Road infrastructure project audits vital from safety view Feature
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By Amit Vijay M and Shahkar Abidi calendar11 Jun 2023

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While education and driver training are the fundamentals to ensure safety of road users, experts suggest that there is...

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From risk to resilience: navigating road safety in India Feature
From risk to resilience: navigating road safety in India

By Mayank Dhingra calendar11 Jun 2023

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MG Motor India partners with LOHUM for ‘Second Life’ EV battery solution News
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autherAutocar Pro News Desk calendar05 Jun 2023

Through this partnership, the batteries that would have otherwise been discarded are given a new purpose, contributing...

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Can Tesla's entry boost the Indian EV market?

Can Tesla's entry boost the Indian EV market?

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Total Votes : 7