On the surface, the collaboration seems like a masterstroke: Toyota brings global EV pedigree, and Maruti has local manufacturing prowess and market reach. But it’s more complex than that.
South Korean companies LG Chem and Samsung and Chinese manufacturers BYD and CATL, promise that the first generation of solid-state batteries will begin production by 2024.
Japan’s Industry Minister Yasutoshi Nishimura said large-scale investments by Toyota and so on will hopefully lead to strengthening of supply chain for storage batteries.
The leak could encompass details such as vehicle locations, identification numbers of vehicle devices, but there were no reports of malicious use, Toyota said.
The US military operation in Venezuela raises global concern. Experts say that Trump’s action could weaken global legal standards and fuel geopolitical instability.
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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