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The rising role of software in electric vehicles – ET Auto

Baua Electric

Software plays a pivotal role in enhancing the driving experience in electric vehicles (EVs) by enabling various features and functionalities that improve convenience, efficiency, and overall user satisfaction. But then, who pays for all this software and gigabytes of data being generated by vehicles daily?

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CEO’s Take On 2024: Demand for feature-rich, safe, connected and electric vehicles to drive auto parts industry, says Bosch India chief – ET Auto

Baua Electric

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The automotive industry is in transition.

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Exide Industries Q4 Results: Firm beats profit view on higher demand – ET Auto

Baua Electric

Indian battery-maker Exide Industries beat fourth-quarter profit expectations on Tuesday, helped by higher demand in its automotive and industrial products segments. Earlier this month, South Korea’s Hyundai Motor and Kia Corp partnered with Exide Industries ‘ unit Exide Energy Solutions to supply batteries for their EVs.

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Pavna Industries inks deal with Ola Electric to supply ignition switches, latches for EVs – ET Auto

Baua Electric

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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Hertz CEO resigns amid Electric Vehicle fiasco – ET Auto

Baua Electric

The repercussions of Hertz’s EV misstep reverberated across the industry, with Sixt SE, a major European car rental company , opting to phase out Teslas entirely. However, as Tesla slashed prices and resale values tanked, Hertz found itself saddled with a fleet of depreciating assets, prompting the sale of 20,000 EVs by December.

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Uber, Kia sign electric vehicle partnership – ET Auto

Baua Electric

The partnership is aimed at “enhancing electric vehicle offerings available on Uber’s mobility platform. US ride-hailing platform Uber and South Korean automaker Kia announced Wednesday the signing of an agreement on producing electric vehicles, during the Consumer Electronics Show in Las Vegas.

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EV Insurance: Safeguarding your electric vehicle amidst India’s green revolution – ET Auto

Baua Electric

India’s automotive industry has experienced a remarkable transformation with the surge in electric vehicle (EV) adoption. The country has witnessed an impressive 154% increase in EV sales across all vehicle segments in 2022, with a total of 12,43,258 units sold. All views expressed are personal.

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