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.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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