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Farasis Energy to establish battery manufacturing centre in Europe

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Farasis Energy has already established a manufacturing plant in China Farasis Energy, a global leader in the development and manufacture of lithium-ion cells, modules and large battery systems, has completed C-round financing exceeding US$1 billion. The capital raised is being used to accelerate the expansion of their global automotive battery …

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Hyundai Indian plant meets safety standards ahead of schedule

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The facility in Sriperumbudur is preparing to produce EVs in India Hyundai Motor India Ltd (HMIL), India’s second largest car manufacturer, has announced that its Sriperumbudur-based manufacturing plant is now ready to meet all safety and emission norms well in advance of their mandatory industry implementation in 2019. In keeping …

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