Conigital and Helixx to jointly develop simplified autonomous EV technology, ET Auto

The technology partnership, utilising Helixx’s unique universal vehicle platform and manufacturing architecture, will speed up and simplify the current complexities of autonomous vehicle development. New Delhi: Helixx, a leading EV manufacturing technology company, has signed a MOU with Conigital, a driverless vehicle technology company, to jointly develop a next generation bi-directional autonomous vehicle (AV). The…

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India’s semiconductor sector provides huge business opportunities to Micron: Goyal, ET Auto

Meanwhile, the Indian commerce ministry in a statement said that Goyal also interacted with Silicon Valley entrepreneurs and venture capitalists (VCs) of Indian origin. Commerce and Industry Minister Piyush Goyal has met Micron Technology CEO and President Sanjay Mehrotra in the US and discussed business opportunities in the growing semiconductor sector in India. The minister…

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China self driving firm iMotion aims to launch USD 100 mn Hong Kong IPO this month, ET Auto

The firm’s plans could change, they cautioned, with global financial markets remaining volatile as a result of persistently high inflation and elevated world interest rates. Chinese self-driving firm iMotion Automotive Technology is aiming to raise USD 100 million in its Hong Kong initial public offering (IPO) due to launch in the last week of November,…

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