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5 more semiconductor fabs in 5 years, says Vaishnaw – ET Auto

Baua Electric

Further, several assembly, testing, marking and packaging (ATMP) units would be set up as part of the mission to create the entire value chain, ecosystem and a “very strong” semiconductor industry in India. We will create a very strong semiconductor industry in our country. lakh crore. This is just the beginning.

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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. Technologies are rapidly evolving in the automotive space.

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China’s CALB wants lithium battery factory in Portugal – ET Auto

Baua Electric

It will “serve the strong customer demand, mainly in the automobile industry,” APA said on its website. Updated On Jan 23, 2024 at 11:07 AM IST --> Published On Jan 23, 2024 at 11:03 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday. We have a long way to go,” Qureshi said.

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EV push in Budget to give fillip to warehousing & logistics sectors – ET Auto

Baua Electric

The synchronisation of this plan with the ‘Make In India’ programme and the implementation of Production Linked Incentives (PLI) for EV manufacturing fortifies the government’s commitment to foster a robust EV industry.

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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

The 20th Shanghai International Automobile Industry Exhibition (Auto Shanghai 2023) will be held from April 18-27, with media days from April 18-19 and professional visitor days from April 20-21, while the general public can visit from April 22-27. . ($1 For more articles, please visit CnEVPost.

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EU reaches compromise on 2035 new ICE vehicle ban

Teslarati

According to Automotive News Europe’s contact with European leaders, there will be many caveats introduced to the new proposal that will head to negotiations between the European Commission and the EU Parliament: First and most prominently, the 2035 new ICE vehicle ban will remain. What do you think of the article?