It's no secret that lightweight solutions are very much in demand in the automotive ecosystem these days where the key focus area is to replace metallic structural components with thermoplastic solutions. This aspect is mostly applicable in ICE vehicles, but the ball game becomes significantly different when it comes to serving the needs for electric vehicles.
As there's a big push for cleaner vehicles, electric vehicles (EVS) are becoming the 'chosen ones' to do the job. In fact, EVs is now a growing and profitable business for many automakers including legacy players and start-ups in various categories like two-wheelers, three-wheelers, passenger cars, buses, last mile commercial vehicles among others. The list of players is increasing each day and there have been several commitments by ICE players who will transform their entire business into EVs in a couple of years, While the EV value chain is attractive, and many in the business consider it as work in progress because there are still developments happening in battery chemistries (to make batteries lighter, increase driving range on a single charge, fast charging capabilities among other parameters) and most of all battery management and thermal protection of cells in cases of malfunctions.
This means improvements to the heart of these new electric vehicles - the battery pack, is a deemed area of importance that cannot be ignored.
In the past, there has been several instances of battery packs electric vehicles self-igniting due to malfunctioning battery systems or poor-quality products.
The business of EV batteries is also bringing in its own set of technical challenges. Over the last decade or so, industry estimates suggest that average electric vehicle battery range has increased more than fourfold.
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Spain's Fersa Group invests in India-based Delux Bearings
Besides theRs100 croreinvestment, the Indian company gets access toadvanced technologies and bearings with arange of applications that willhelpinits global growth strategy, writes Manobhava Baruah.
Tata Autocomp to open compact dual-clutch transmission plant
Amidthe countryâs growing need for personal mobility with easy manoeuvrability, comes the demand for vehicles with automatic transmission. Tata AutoCompisready tomovein writes Shruti Mishra.
Pankaj Munjal-backed Hero Motors raises equity from GEF Cap
The company willinvest Rs1,500 crore over thenextthree years andit expects 60 percent ofits turnover to come fromelectric vehicle parts. Itaims to becomea Global EV Solutions Company from India
New age thermoplastics for next-generation EV batteries
Saudi-based global materials major SABIChas developed cutting edgein fire-resistant polymers and flame-retardant materials that comply with various EV battery safety standards across the world.
Switch Mobility to meet growing e-bus demand with fresh capex
Oncourse for abillion-dollar business, the company is exploringa possibility of operating satellite factories across the country to serve different geographies, write ShahkarAbidi and Ketan Thakkar.
Kia India to invest Rs 2,000 crore in EVS, to introduce new e-RV in 2025
New investmentto drive R&D, infrastructure development and manufacturing capabilities. The company willlocally produce EVsin India with possibility of exports as well, writes Mayank Dhingra.
"The government has given enough time for indigenisation but the industry has not taken it seriously"
Amitabh Saran, Founder and CEO, Altigreen, shares his views on problems inthe EV industry and battery localisation solutions with Amit Vijay M.
TATA MOTORS SEES ONE INTWO CARS SOLDAS EVS BY 2030
The company aims to offer wider choices withnew EVs that may straddle a pricebracket of Rs20to 40lakhinthe coming years, writes Ketan Thakkar.
MG Motor India in expansion drive, to invest $100 million
The investment willbe usedtoramp up existing production capacity from1.2to1.4-15lakh units per annum atthe automaker's Halol plantin Gujarat, writes Ketan Thakkar.
"Technology and its multiplier effect are driving business transformations and customer experiences"
Technical Centre India is one of Continentalâs largest research and development centres in the world, andasa Centre of Competenceâ it also develops customised products for the BRIC countries.