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EUROPE GIGAFACTORIES
Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...- Stocks in news: Adani Enterprises, Tata Motors PV, Tata Steel, Jio Financial, ITC HotelsMarkets extended their rebound for a second consecutive session on Thursday, buoyed by supportive global cues and selective buying in heavy...
- Europe risks falling behind US, China on AI data centre build-up, Nokia CEO saysNokia's CEO raises an alarm about Europe's lagging status in the development of AI data centers, warning that inadequate infrastructure and...
- Ola Electric announces readiness of indigenous 46100 LFP cellOla Electric has developed its new LFP cell, the '46100' format, a bigger and more cost-efficient offering. It will be used in Ola products...
- OpenAI to build its first European data centre in Norway, with partnersThe partnership, called Stargate Norway, will be fully powered by renewable energy, Norwegian conglomerate Aker said in a joint statement w...
- Europe's AI gigafactory push attracts 76 bids: EU tech chiefThe European Commission made the announcement four months after committing €20 billion ($23 billion) in EU funding to build four AI gigafac...
- Nvidia's pitch for sovereign AI resonates with EU leadersLast week, the CEO of the artificial-intelligence chipmaker toured Europe's major capitals - London, Paris and Berlin - announcing a slew o...
- If Europe builds the gigafactories, will an AI industry come?The plan for the large public access data centres, unveiled by European Commission President Ursula von der Leyen last month, will face cha...
- Can Europe really compete in AI with $20 billion gigafactories?The European Commission plans to invest $20 billion in building four AI gigafactories to compete with the U.S. and China. These facilities ...
- MS Dhoni-backed EMotorad’s e-cycle gigafactory almost readyThe e-cycle maker's gigafactory is being built in four phases. It will manufacture a range of components including batteries, motors, displ...
- Hindalco to invest Rs 800 crore for a new plant in OdishaThe plant, set to be opened in the eastern state of Odisha, is slated to be operational by July 2025 to produce 25,000 tonnes of aluminium ...
- Ola Electric has thrown the gauntlet at legacy players to bring competitive EVs to the market: Bhavish Aggarwal“If you buy an Ola EV, every month you save Rs 2,500-3,000 and so in a year, you save about Rs 30,000. So, buying an Ola EV or frankly any ...
- Tata Sons announces global battery cell gigafactory in the UKThe move has been stated as an integral part of Tata Group’s commitment to electric mobility and renewable energy storage solutions and est...
- UK hails Tata Group's multi-billion-pound gigafactory investment for EVsTata Group is to invest over £4bn in setting up a new electric vehicle battery plant in the UK, creating thousands of jobs across the suppl...
- Europe set for two new gigafactories as it lures battery makersSweden's Northvolt said it is set to pick Heide in northern Germany for its factory as long as subsidies are approved, estimated by one sou...
- Europe's ACC ropes Siemens in for battery giga factoryTo beign with, Siemens and ACC plan to create comprehensive digital twins of the battery and the production lines through which ACC will be...
- Elon Musk hands over first 'made in Germany' TeslasThe factory opening caps an arduous two-year approval and construction process that saw Tesla run into a series of administrative and legal...
- Amara Raja to invest in Europe-based InoBat AutoInoBat specialises in the pioneering research, development, manufacture, and provision of premium innovative electric batteries custom-desi...
- Volkswagen invests $620 mln in Northvolt to secure battery supplyThe investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen's stake stable a...
- Tesla initiates talks to set up research centre in BengaluruTesla held exploratory discussions with Karnataka government officials on September 10, who are seeking a possible investment by the world’...
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