Baua Electric

MARCH 6, 2024

New Delhi: The Automotive Component Manufacturers Association of India ( ACMA ) at the 58th edition of the ACMA Excellence Awards and the 9th Technology Summit on March 05, 2024, recognized the exceptional contributions and achievements of 59 auto component manufacturers, and gave away 112 awards under various categories.

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Baua Electric

MAY 3, 2024

Auto parts supplier BorgWarner raised its full-year adjusted profit outlook on Thursday, aided by sustained demand from its exhausts, turbos and emission control systems. The company has benefited from automakers rushing to put out vehicles with smaller engines that are powerful and meet modern emission norms. to USD 4.00. to USD 4.00.

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Baua Electric

APRIL 23, 2024

The company did not disclose how many employees were affected by the layoffs or which countries it is shifting roles to. The company’s sales suffered in the first quarter ended Dec. The plan would be completed by fiscal 2027, the company said, adding it expects about USD 60 million in reduced annual operating cost.

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Baua Electric

MAY 3, 2024

As of December last year, the company had nearly 800 full-time employees in the U.S., The plan will be implemented immediately and lead to an annual reduction in operating costs by USD 50 million to USD 65 million post completion by this year’s end, the company said. Germany, Sweden, India and China.

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Baua Electric

MAY 3, 2024

The company achieved the highest sales for the quarter and fiscal year with sales to OE customers growing 18%. Auto component company Rane Brake Lining saw a 28% jump in net profit for Q4FY24 at INR 15.4 The company announced a dividend of INR 30 per equity share on the paid up capital of 77,29,871 of INR 10 each.

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CN EV Post

JANUARY 30, 2023

Li Auto's midsize Li L6 and non-SUV form factor Li L5 will stick to the RMB 200,000-300,000 price range, the company's CEO said. The post Li Auto CEO teases new 'non-SUV' model Li L5 appeared first on CnEVPost. For more articles, please visit CnEVPost.

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CN EV Post

APRIL 17, 2023

While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)

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Baua Electric

FEBRUARY 6, 2024

The company anticipates not only solidifying its presence in North America but also continuing its tradition of delivering high-quality automotive components that drive innovation and performance, the company said. million (INR 109.2 million (INR 109.2

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Baua Electric

APRIL 24, 2024

Huawei said in November that the unit would be spun off into a new company which will receive the unit’s core technologies and resources and take investment from partners such as automaker Changan Auto.

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Baua Electric

MAY 4, 2024

Magna executives said on a post-earnings call the company was assessing impacts from automakers’ shifting electrification plans, particularly in North America. The company’s shares were down about 4% in early trade. Magna said it expects full-year 2024 sales of USD 42.6 billion to USD 44.2 billion to USD 45.4

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CN EV Post

MARCH 10, 2023

Li Auto is aiming to build about 300 super-fast charging stations this year, and NIO also plans to add 10,000 new charging piles this year, according to local media. HK (Image credit: Li Auto) Li Auto (NASDAQ: LI) is starting to build out its charging infrastructure as its first all-electric model is set to be launched this year.

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CN EV Post

MARCH 30, 2023

NIO and Li Auto 's mobile apps have been featuring pretty girls significantly more often lately, while XPeng is running a campaign to encourage users to share such content on its app. The NIO App is a great source for monitoring information about NIO and a great way for many people to learn about the company's developments and vehicle models.

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Baua Electric

MAY 6, 2024

BorgWarner’s HVH220 eMotor offers high power and torque density, enhanced efficiency, and superior durability, the company said. “We Capable of generating up to 300kW of power and reaching a maximum speed of 18,000 rpm, BorgWarner’s HVH220 achieves peak efficiencies exceeding 97%, the company said in a media release.

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Baua Electric

MAY 3, 2024

Albemarle , the world’s largest producer of lithium for electric vehicle batteries , could look at reducing capital expenditure in the coming years if lithium prices remain flat, the company said on Thursday. Albemarle maintained its outlook for the year, in which it plans to spend between USD 1.6 billion and USD 1.8

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CN EV Post

APRIL 11, 2023

This is the first time NIO has mentioned the existence of the new ET7, after rumors began to emerge last month. | NIO US | NIO HK | NIO SG (A NIO ET7 on display at the 2021 Shanghai auto show. Image credit: CnEVPost) NIO (NYSE: NIO) will launch the new ET7 at the Shanghai auto show next week, in addition to the launch of the new ES6. "At

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Baua Electric

APRIL 24, 2024

Auto parts distributor LKQ cut its full-year sales forecast on Tuesday and missed estimates for first-quarter profit amid falling metal prices and softening demand for spares in North America. It now expects to report organic revenue growth for parts and services between 2.5% for 2024, down from its prior guidance of 3.5%

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Baua Electric

JANUARY 18, 2024

Tata Technologies, which provides engineering services to auto, aero and heavy machinery makers, will set up skilling centres in 50 government-run industry training organisations. The latest investment is part of a larger commitment from Tata Group companies, such as Tata Consultancy Services and Tata Advanced Systems, to expand in the state.

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CN EV Post

APRIL 1, 2023

platform at the Shanghai auto show, with the all-new ES6 making its debut. NIO (NYSE: NIO) will have the facelift of its previously popular ES6 SUV unveiled at the Shanghai auto show later this month, marking the first time the company has unveiled a new model at an auto show. For more articles, please visit CnEVPost.

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Baua Electric

APRIL 18, 2024

This integrated hardware-software approach significantly improves the processing latency of information and simultaneously reduces the CPU load and power consumption for network-related tasks, the company said in a media release. The new software was developed in close collaboration with leading hardware vendors, including Infineon.

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Baua Electric

MAY 2, 2024

After the fourth and final quarter earnings announcement, the company said it is planning to add 500 employees during the April-June period. Its deal wins for FY24 were at one USD 100 million and USD 30 million each, and two each in TCV of USD 20 million & USD 10 million deals. Its total headcount as on March 2024 stood at 23,812.

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Baua Electric

MAY 3, 2024

The boards of various businesses of Raymond have given their nod for demerger of their engineering business to enable the company’s and newly acquired Maini Precision Product’s foray into certain sunrise sectors, the company said in a stock exchange filing on Friday.

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Baua Electric

MAY 1, 2024

New Delhi: Sona Comstar , a leading auto component manufacturer, has decided to set up a mergers & acquisition(M&A) committee. The Gurguram-based company also informed its investors in its exchange filings that Praveen Chakrapani Rao is appointed as its Group CTO and SMP, succeeding Kiran Manohar Deshmukh.

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CN EV Post

MARCH 5, 2023

By 2025, Li Auto will have 3,000 supercharging stations, which will cost a total of RMB 10 billion, the company's CEO said last week. The post Li Auto spotted building 800 V high-voltage superchargers appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Baua Electric

FEBRUARY 6, 2024

This program was conducted in collaboration with some of the leading healthcare providers in the respective cities, the company said. The company plans to expand this training to other cities and departments in the coming months, the company said in a media release.

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Baua Electric

MAY 1, 2024

Shares of the Santa Clara, California-based company fell 3% in extended trading. The company forecast revenue of about USD 5.70 Advanced Micro Devices beat first-quarter revenue estimates by a small margin on Tuesday as tepid demand for semiconductors used in traditional data centers added to weakness in the market for gaming chips.

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Baua Electric

APRIL 27, 2024

The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well. The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well, they added.

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Baua Electric

FEBRUARY 6, 2024

The company, which has no revenue, raised going-concern doubts in November 2022 and has shed most of its workforce since then. The company’s stock was delisted from the Nasdaq on Jan. 30 after receiving a letter from the stock exchange notifying the company of the move.

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Baua Electric

APRIL 29, 2024

Speaking at Codelco’s annual shareholders meeting, Pacheco said the company planned to carry out exploration to gauge the potential for lithium production at the salt flat. Chile holds the world’s largest lithium reserves. Lithium in Chile is currently mined only in the Atacama salt flat.

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Baua Electric

APRIL 29, 2024

Among the bidders, a Gujarat-based company emerged as the successful candidate, securing the contract for supplying the EVs. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Govt EVs misregistered, used as pvt cars: Cabbies – ET Auto appeared first on Bauaelectric Auto News.

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CN EV Post

MARCH 29, 2023

In the price range of RMB 300,000-500,000, Li Auto has a market share of nearly 20 percent, it said. | Li Auto US | Li Auto HK (Image credit: Li Auto) Li Auto (NASDAQ: LI) saw a milestone in cumulative deliveries of the three L-series models currently on sale. For more articles, please visit CnEVPost.

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Baua Electric

MAY 2, 2024

However, the company reported an adjusted profit of 26 cents per share, below analysts’ average estimate of 27 cents per share. The company in January said it would cut jobs and defer spending on a U.S. Overall, Albemarle posted revenue of USD 1.36 billion, according to LSEG data.

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Baua Electric

APRIL 11, 2024

The company faces a number of lawsuits from victims accusing the ride-sharing platform of failing to prevent sexual assaults against passengers. The company said in 2022 it had received about 3,800 reports of severe sexual assault in the U.S. in 2019 and 2020, down from nearly 6,000 over the prior two years.

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CN EV Post

APRIL 16, 2023

NIO revealed 9 highlights of what it will be sharing at the event on the eve of the Shanghai auto show. | NIO US | NIO HK | NIO SG NIO (NYSE: NIO) has announced on the eve of the Shanghai auto show what it will share at the event, showing what you can expect. For more articles, please visit CnEVPost.

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Baua Electric

MAY 6, 2024

The eTVD is currently in production on the Polestar 3 SUV, and production for the major European OEM will follow later this year, the company said in a media release. and President and General Manager, BorgWarner Drivetrain and Battery Systems.

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Baua Electric

MAY 1, 2024

Auto engineering company Sona Comstar is planning to invest INR 1,200 crore over the next three financial years to productionise its INR 22,600crore order book of which just under INR 18,000crore are EV segment orders. However, the Red Sea crisis has hit its margins by 0.35-0.4% EV growth is high priority for us,” he added.

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CN EV Post

JULY 17, 2022

The failure in the Li L9 test car is a one-off issue for non-production models, and Li Auto will address the issue in the final production vehicle, the company said. The post Li Auto in spotlight for Li L9 test car suspension breakage appeared first on CnEVPost. For more articles, please visit CnEVPost.

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CN EV Post

MARCH 22, 2023

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Some local governments have launched pro-consumption policies aimed at boosting local auto consumption and easing difficulties for car companies.

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