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China issues draft guidelines to rein in lithium battery industry – ET Auto

Baua Electric

China has released draft guidelines aimed at reining in the country’s lithium battery industry , which has been in Western crosshairs over fears subsidised overproduction could flood global markets with cut-price exports.

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Rapido revival in sight: Central guidelines set to reignite bike taxi services in Delhi and Maharashtra – ET Auto

Baua Electric

The Ministry of Road Transport and Highways ( MoRTH ) has issued guidelines clarifying the legality of bike taxis in India, potentially paving way for their return in key markets like Delhi and Maharashtra. With a presence in 90 cities and 20 states, the company sees vast untapped potential for bike taxis in the evolving Indian economy.

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China to regulate lithium-ion battery industry amid fast expansion – ET Auto

Baua Electric

China’s Ministry of Industry and Information Technology on Wednesday issued new guidelines for its lithium-ion battery industry, aiming to transform, upgrade and promote high-quality development amid rapid expansion in the sector. The new guidelines will be effective from Thursday.

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Bharat Forge executes allotment of INR 125cr non-convertible debentures – ET Auto

Baua Electric

By adhering to regulatory guidelines and maintaining transparency, Bharat Forge said that it reaffirms its commitment to corporate governance and stakeholder confidence. The successful issuance of NCDs underscores the confidence investors place in Bharat Forge’s robust business model and its potential for sustained value creation.

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China gives first approvals for public trials of advanced autonomous driving – ET Auto

Baua Electric

Fleet operators such as ride-hailing companies will also be involved in the tests. The auto industry has defined five levels of autonomous driving, spanning driver assistance features such as cruise control at level one to fully self-driving cars at level five.

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China approves autonomous driving startup Momenta’s US IPO – ET Auto

Baua Electric

The auto industry has defined five levels of autonomous driving, spanning driver assistance features such as cruise control at level one to fully self-driving cars at level five.

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Li-Ion battery manufacturer RCRS Innovations to invest INR 50 cr to scale capacity – ET Auto

Baua Electric

New Delhi: Noida-based RCRS Innovations Ltd , which owns lithium-ion battery manufacturer EXEGI , will invest INR 50 crore this year to expand its capacity and introduce new product lines. With this, the company is gearing up to meet the growing demand for clean energy storage solutions, according to a company statement.

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