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In view of safety of Corona Warriors of Gujarat Government, Maruti Suzuki Joint Venture Krishna Maruti Limited handed over the first batch of five lakh units of triple-ply face masks to the Gujarat Administration at Gandhinagar. As part of a CSR initiative, the triple ply face masks were handed over to Dr Darsi Suman Ratnam, Managing Director, Gujarat Medical Service Corporation Limited and Smt Bhartiba Vaghela, Deputy Collector, Government of Gujarat by Mr Vimal Gupta, General Manager at Kri...
Hyundai Motor Group and LG Energy Solution to establish Battery Cell manufacturing JV in the U.S.
Hyundai Motor Group and LG Energy Solution (LGES) announced an EV battery cell manufacturing joint venture in the U.S. today. Hyundai Motor Group and LGES signed a memorandum of understanding to produce EV batteries in the U.S. and further accelerate the Group’s electrification efforts in North America. The signing ceremony took place in LGES’s headquarters in Seoul on May 26 with the attendance of Jaehoon Chang, President and CEO of Hyundai Motor Company and Youngsoo Kwon, CEO...
Chinese investments in India to come under scanner: Sources
Investments from China in the automobile sector are expected to come under the scrutiny of the Indian government, according to reliable sources in the industry. This is in light of the current political situation between India and China, following which the Maharashtra government announced that it has put on hold the Memorandum of Understanding (MoU) with Chinese auto makers Great Wall Motors (GWM) and PMI Electro Mobility Solutions (joint venture with Foton). When contacted, GWM India did...
