Baua Electric

APRIL 11, 2024

The collaboration will also see both organisations leveraging their events and initiatives to enable companies to meet, form new partnerships and advance the emerging Indian manufacturing and design ecosystem. SEMI represents over 3,000 member companies in the semiconductor design and manufacturing supply chain.

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Baua Electric

MARCH 28, 2024

The new industry-first vehicle software platform, called ‘S32 CoreRide’, simplifies complex vehicle architecture development and cuts costs for automakers and tier-1 suppliers.

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Baua Electric

APRIL 29, 2024

Ride-hailing major Ola Cabs ’ chief executive Hemant Bakshi is leaving the firm just three months after he joined the company, people in the know told ET. Ola Cabs founder Bhavish Agarwal continues to be the chairman and managing director.

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Baua Electric

APRIL 22, 2024

Ola Electric Mobility has been playing an instrumental role in driving EV adoption and penetration in India, the company said in a media release. Under this agreement, Pavna Industries commits to providing high-quality ignition switches and latches to Ola Electric across its manufacturing plants in India.

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Baua Electric

APRIL 4, 2024

The Vancouver-based company, whose main business is a hard rock lithium project at Brazil’s Grota do Cirilo , started scouting for potential buyers about a year ago. Cabral-Gardner said Bank of America was still leading a strategic review of the company, but she declined to give details. Sigma has denied the allegations.

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Baua Electric

MAY 10, 2024

Motional is a joint venture between Hyundai Motor Group and auto parts supplier Aptiv. Autonomous vehicle technology company Motional has sacked around 550 employees, or about 40% of its workforce, in the US, reports said on Saturday. Motional is a joint venture between Hyundai Motor Group and auto parts supplier Aptiv.

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Baua Electric

MARCH 26, 2024

Germany is and will remain a strong industrial location, Chancellor Olaf Scholz said on Monday as he formally opened construction at Northvolt’s battery cell factory in Heide, in the northern state of Schleswig-Holstein. The company said this was a crucial point in determining the location.

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Baua Electric

MARCH 6, 2024

“With this investment, the total investment made by the company in EESL stands at INR 1,965 crore. There is no change in the shareholding percentage of the company in EESL pursuant to such an acquisition,” it added. “With this investment, the total investment made by the company in EESL stands at INR 1,965 crore.

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Baua Electric

MARCH 27, 2024

It added that government subsidies will also be used to augment the venture, which will serve sectors such as automotive, power, electronics, and industrial markets. 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.

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Baua Electric

MARCH 1, 2024

The Union Cabinet’s nod to three upcoming semiconductor manufacturing units is a step towards self-sufficiency and makes the country’s dream of becoming a global chip making destination achievable, according to industry players.

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Baua Electric

FEBRUARY 2, 2024

For Continental last year was “exciting” and the company performed globally well. New Delhi: Continental Tire, the tyre manufacturing arm of the Continental Group, has estimated the tyre industry in India might double by 2030. They provide the guarantee up to three years which the company claims no other manufacturer provides. “I

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Baua Electric

MAY 24, 2024

billion rupees a year earlier for the company, which makes auto parts and accessories for cars, two wheelers and railways among others. India’s total vehicle production during the January-March period rose over 21%, which in turn also helped expand the auto parts demand. Net profit rose to 5.65 billion rupees (USD 67.99

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Baua Electric

MARCH 6, 2024

Hanif Qureshi, Additional Secretary, Union Ministry of Heavy Industries, Vinod Aggarwal, Jury Chairman of the ACMA Excellence Awards, President of SIAM, and Managing Director & CEO of VECV; and Professor Paramjit S. Senthil Kumar, Vice President-Central Purchase at TVS Motor Company; R Sundar, Asst.

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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 21, 2024

Quarterly net sales at the auto parts supplier, which competes with Advance Auto Parts and O’Reilly Automotive , rose 3.5% On an adjusted basis, the company earned USD 36.69 to about USD 4.24 Analysts on average were expecting AutoZone to report third-quarter net sales of USD 4.29 per share, according to LSEG data.

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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.

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Baua Electric

MAY 23, 2024

At a consolidated level, the company reported a revenue growth with revenue of INR 3,794 cr for Q4 FY24 as against INR 2,889 cr in Q4 FY23, registering a rise of 31%. The Company reported achieved consolidated revenues of INR 14,031 Crores for FY24, registering a growth of 25% on a YoY basis. per share i.e. 67.5%

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Baua Electric

MAY 26, 2024

New Delhi: Hyundai Mobis , South Korea’s leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year. Yun also noted that while the demand for EVs in the global market has slowed temporarily, the industry will eventually move toward eco-friendly cars.

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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 8, 2024

Nasscom’s blog post followed a letter from the Internet and Mobile Association of India (IAMAI) on Feb 15 which had requested an industry-wide consultation on the new taxi fares. Nasscom is Indian IT industry’s apex body.

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Baua Electric

MAY 13, 2024

Despite being traditionally perceived as secure, the industry faced a notable surge in cyberattacks in 2023. Legacy systems and software, lack of standardization, and varying nomenclature across companies further exacerbate the cybersecurity challenges in the automotive supply chain.

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Baua Electric

MAY 16, 2024

Revenue from the company’s vehicle sales division rose 3.5% The Dallas-based company, which primarily provides services to sell damaged and total-loss vehicles to used-car dealers and dismantlers, has benefited from robust volumes of salvage vehicles. Revenue from the company’s vehicle sales division rose 3.5%

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Baua Electric

MAY 24, 2024

For the full year FY24, the company reported a net consolidated PAT of INR 2,696.34 The company reported a PAT of INR 799.87 The company reported a PAT of INR 799.87 The board of directors of the company, at their meeting held on March 25, 2024, has declared an interim dividend of INR 4.95 crore in FY23. crore in Q4 FY23.

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Baua Electric

MAY 15, 2024

The Indian mines ministry is also encouraging other state-owned companies, such as ONGC Videsh , to scout for critical minerals overseas, Rao told reporters at the sidelines of an industry conference in New Delhi. State-run miners Coal India and NMDC are exploring lithium mines in Chile and Australia , Secretary of Mines V.L.

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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. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Tata Technologies to invest USD 1.8

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Baua Electric

MAY 25, 2024

According to the company, with a focus on safety, sustainability, and equity, BM3S will pave the way for significant advancements in electric vehicles (EVs), autonomous driving, and intelligent transportation systems. Manu Santhanam, Dean of Industrial Consulting and Sponsored Research, IIT Madras.

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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

FEBRUARY 6, 2024

Arrival is the latest casualty in the high-profile EV industry, where rising interest rates, stubborn inflation and high costs involved in production ramp have hit the cash reserves of most startups. The company, which has no revenue, raised going-concern doubts in November 2022 and has shed most of its workforce since then.

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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 16, 2024

The sale transfers the thermostat segment to the industrial and investment holding firm ADMETOS , which will operate the business under the name BTT Solutions. In ADMETOS, we have found an owner that offers both the company and its employees a stable, promising outlook.

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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. It found its first lithium reserves only last year and industry experts say the country needs to set up facilities to process lithium locally.

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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. Brussels has promised to do more to boost the domestic car industry and tackle unfair competition from cheaper Asian rivals.

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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

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 21, 2024

Shares of logistics solutions provider Delhivery tumbled over 10% on Tuesday after the company’s fourth-quarter results prompted some brokerages , including CLSA , to cut their price targets on the stock. Some analysts are, however, optimistic about the company’s prospects.

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Baua Electric

JANUARY 19, 2024

The first made-in-India chip will be out by December, Union Minister Ashwini Vaishnaw said here, crediting Prime Minister Narendra Modi for developing a very strong semiconductor industry in the country in a short span of time with focus on the entire ecosystem.

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Baua Electric

MAY 24, 2024

Barra’s comments come at a time when companies involved in autonomous driving technology are pushing for new feature-packed cars that are expected to be safer than human-driven ones. This is a kind of a different playbook for entrepreneurs or innovators, I would say, from a company that’s been around for 100 years.

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