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Garmin’s Q1 results beat on strong demand for fitness, auto products – ET Auto

Baua Electric

MAY 2, 2024

Garmin topped Wall Street estimates for first-quarter results on Wednesday as the Swiss navigation device maker benefited from new launches and strong demand for its products in fitness and auto segments, sending its shares up 9.6%. Garmin’s first-quarter revenue surged 20% to USD 1.38 billion, according to LSEG data.

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Renault talks to China’s Li Auto and Xiaomi on tech collaboration – ET Auto

Baua Electric

APRIL 27, 2024

Renault held talks this week with China’s Li Auto and Xiaomi on electric and intelligent vehicle technologies , the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies.

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BorgWarner raises full-year 2024 adjusted profit outlook – ET Auto

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. BorgWarner now expects its full-year adjusted profit per share to be between USD 3.80 and USD 4.15, compared with its prior outlook of USD 3.65 to USD 4.00.

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Kolhapur has potential to be auto component mfg hub: Gadkari – ET Auto

Baua Electric

MAY 5, 2024

Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Kolhapur has potential to be auto component mfg hub: Gadkari – ET Auto appeared first on Bauaelectric Auto News.

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Luminar to cut nearly 20% jobs as part of restructuring – ET Auto

Baua Electric

MAY 3, 2024

The company launched its latest lidar sensor, Halo, in April, partnering with auto-software maker Applied Intuition to aid car makers in testing their assisted-driving systems.

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Tata Communications unveils fully-automated edge computing platform CloudLyte – ET Auto

Baua Electric

MAY 7, 2024

With real time inferencing and auto scaling, the platform seamlessly extends cloud capabilities to the edge, bringing in the agility and flexibility of the cloud. ‘Solution in a box’ enables enterprises with swift deployment (within minutes), and effortless scaling as required, thus future proofing investments.

Auto 52
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Mazda and Panasonic’s energy unit sign auto battery supply agreement – ET Auto

Baua Electric

MARCH 29, 2024

Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Mazda and Panasonic’s energy unit sign auto battery supply agreement – ET Auto appeared first on Bauaelectric Auto News.

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