Baua Electric

APRIL 27, 2024

Renault already partners with China’s Geely in thermal and hybrid powertrains, and collaborates with tech companies Google and Qualcomm in smart cockpits. Renault already partners with China’s Geely in thermal and hybrid powertrains, and collaborates with tech companies Google and Qualcomm in smart cockpits.

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Baua Electric

MAY 16, 2024

In ADMETOS, we have found an owner that offers both the company and its employees a stable, promising outlook. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post MAHLE finalizes sale of its OEM thermostat business – ET Auto appeared first on Bauaelectric Auto News.

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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

MARCH 27, 2024

RRP Electronics , a company backed by former cricketer Sachin Tendulkar , on Tuesday announced an investment of INR 5,000 crore for a semiconductor facility in Maharashtra. The investment will be done over the next five years, the company said in a statement.

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Baua Electric

MAY 13, 2024

Legacy systems and software, lack of standardization, and varying nomenclature across companies further exacerbate the cybersecurity challenges in the automotive supply chain. This complexity serves as a breeding ground for vulnerabilities, posing significant challenges for cybersecurity teams.

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Baua Electric

MAY 16, 2024

End markets are mixed with weak industrial and auto markets, but strong image sensors, power chips, microcontrollers and other markets, Applied Materials Chief Financial Officer Brice Hill said on a post-earnings call. The company’s shares, which have rallied about 32% so far this year, fell about 1.2% in extended trading.

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Baua Electric

MAY 14, 2024

The top US auto safety regulator on Tuesday said it had opened an investigation into Google-owned Waymo after reports of 22 incidents with its self-driving technology. The preliminary probe into the robotaxi company will cover the firm’s 444 vehicles, according to documents posted on the agency’s website.

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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

MAY 15, 2024

The service will be expanded this summer to allow individuals to sign up for spots in a shuttle heading to and from US stadiums and other venues, the company announced at a New York presentation on product updates. The company is also releasing a student version of its Uber One subscription program, priced at USD 4.99

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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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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

FEBRUARY 5, 2024

a global leading lithium battery company based in China. EVE Energy is one of the lithium battery companies in the industry that possesses core technologies and comprehensive solutions. New Delhi: Greenfuel Energy Solutions , leading provider of clean mobility solutions and Energy Storage Systems (ESS) has partnered with EVE Energy Co.,

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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

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 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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Baua Electric

MAY 9, 2024

The energy unit of Japan’s Panasonic Holdings missed its operating profit guidance for the past business year due to lower electric-vehicle battery production in Japan and a fall in sales of consumer products, the company said on Thursday. billion yen (USD 570.18 Its operating profit declined 25% to 40.7

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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

MAY 9, 2024

It would offer incentives to companies to set up lithium processing plants under a new critical minerals policy that was being worked out by the mines ministry, the sources said. “The critical minerals policy will be comprehensive and will cover all aspects from exploration to mining to value addition,” one of the sources said.

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Baua Electric

MAY 8, 2024

Self-driving technology company Motional said on Tuesday it would focus on developing its core technology and delay commercial robotaxi deployments, while it lays off staff as part of its restructuring process. Motional partners with ride-hailing platforms Uber and Lyft to provide driverless taxi services.

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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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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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Baua Electric

MAY 17, 2024

“As a result, Bolt owners who received a battery replacement or who have installed the latest advanced diagnostic software may qualify for compensation,” the company said. In 2021, the company had announced a billion dollar recall campaign to cover thousands of Bolts over battery fire risks.

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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

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 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

MAY 10, 2024

auto safety regulator on Friday opened a preliminary probe into 6,813 Ocean SUVs made by Fisker in 2023, after complaints that the automatic emergency braking system used in the electric vehicles had activated inadvertently. The startup had said in April it failed to make an interest payment of about USD 8.4

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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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Baua Electric

FEBRUARY 6, 2024

The company said it plans to deploy EV batteries totalling over 1-GWH in the next five years, accompanied by a collective target with Attero to recycle over 100 MWh of batteries in the next 3-4 years. This capacity is slated to increase to 15,000 metric tonnes by the next month.

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Baua Electric

MAY 11, 2024

He will continue to provide overall guidance and mentorship to the company. Meanwhile the STL Board has elevated Atul Aggarwal to the role of Managing Director to spearhead the company’s diversification and growth in emerging verticals.

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Baua Electric

MAY 6, 2024

The relocation means a new career for 49-year-old Karaca, one of a rising number of workers in companies supplying Germany’s vital automotive sector who are being hit by a tsunami of redundancies. A local heating systems company, Stiebel Eltron , has proposed to take over the site and retain some employees for future production.

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Baua Electric

MAY 2, 2024

Additionally, drivers will benefit from various advanced features, including speed limit alerts, real-time incident updates, and voice-guided navigation support, which contribute to a safer and more informed driving experience, the company stated.

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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

APRIL 18, 2024

The order is to be executed over a period of next eight years commencing from the fourth quarter of this fiscal, the company said in a regulatory filing. The order has been secured by the company’s joint venture firm — Marelli Talbros Chassis Systems ( MTCS ). Shares of the company were trading 4.99% up at INR 293.30

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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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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

APRIL 17, 2024

Toyota supplier Tokai Rika Co said its door switches for Prius cars had issues and the company expected to incur 11 billion yen (USD 71 million) in costs due to the product recall. Toyota Motor has recalled more than 135,000 Prius hybrid cars in Japan and suspended taking new orders for the model due to a problem with rear door handles.

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