Toyota and Lexus will adopt the NACS charging standard in North America

Toyota and Lexus announced they have reached an agreement with Tesla to adopt the North American Charging Standard (NACS) on their battery electric vehicles (BEVs) beginning in 2025. In line with Toyota’s vehicle electrification strategy that offers a plethora of options for electrified powertrains, Toyota and Lexus customers will have convenient access to more than…

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MeitY Secretary S Krishnan launches indigenous portable DC charger to help boost EV adoption, ET Auto

To address this challenge and increase local manufacturing, the 2KW charger has been designed and developed by CEET, IIT Madras and industrial partner Flowtrik Technologies with funding from MeitY. The indigenous Technology of 2KW DC Portable Charger, which can boost electric vehicle adoption in the country, was launched by S Krishnan, Secretary, Ministry of Electronics…

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Mercedes-Benz launches Drive Pilot with Level 3 autonomous technology in US, ET Auto

Mercedes-Benz’s launch of the production-ready version of Drive Pilot in the United States is a groundbreaking move, making it the first automaker to offer this technology to U.S. customers in a standard-production vehicle. New Delhi: Mercedes-Benz Drive Pilot, a certified SAE Level 3 system, is now available in the US market. Mercedes-Benz becomes the first…

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Chinese chipmaker GTA Semiconductor raises over USD 1.8 bn as Beijing prepares new chip fund, ET Auto

GTA Semiconductor has been backed by state-owned venture capital firms like Shanghai-based Spinnotec, which first announced the USD 1.8 billion fund-raising round on Monday, without specifying the entities involved. Chinese auto chipmaker GTA Semiconductor recently completed a largely state-funded financing round worth over USD 1.8 billion, state-backed Securities Times reported on Wednesday, with the move…

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