NITI member V K Saraswat, ET Auto

Hyperloop is a high-speed train, running in vacuum in a tube. The technology is proposed Elon Musk, who is behind electric car company Tesla and commercial space transport company SpaceX. India is unlikely to go in for hyperloop technology for ultra high-speed trains in the near future as the technology is at a ‘very low…

Read More

Bosch closes deal to buy US semiconductor foundry in EV chip push, ET Auto

“By extending our semiconductor operations, we are strengthening our local presence in an important market for high efficiency electronic solutions,” Paul Thomas, incoming president of Americas for Bosch Mobility Germany’s Bosch Group said on Wednesday that it has acquired California chip manufacturer TSI Semiconductors in a move to establish a U.S. manufacturing foothold for silicon…

Read More