article thumbnail

Amara Raja Energy & Mobility Q4 FY24 PBT at INR 305.34 cr – ET Auto

Baua Electric

New Delhi:Amara Raja Energy and Mobility Limited ( ARE&M ), previously Amara Raja Batteries , a comprehensive solutions provider in the Energy & Mobility space, has reported profit before tax of INR 1,211.03 Today, we have a wide array of products and solutions that cater to every type of automotive and industrial application.”

Auto 52
article thumbnail

Battrixx and EVE Power join for battery energy storage system solutions – ET Auto

Baua Electric

EVE) agreed to co-operate to deliver advanced battery energy storage system (BESS) solutions in India. The battery energy storage system (BESS) market in India is witnessing significant growth driven by several factors such as increasing renewable energy integration, grid stability concerns, and the rising demand for reliable power supply.

article thumbnail

China issues draft guidelines to rein in lithium battery industry – ET Auto

Baua Electric

China has released draft guidelines aimed at reining in the country’s lithium battery industry , which has been in Western crosshairs over fears subsidised overproduction could flood global markets with cut-price exports.

article thumbnail

Oil Industry To Crash & Burn By Early 2030s

CleanTechnica EVs

That is the conclusion of the researchers at UK’s Rethink Energy. This article draws its main points from their recent report, “Russia’s war wakes sleeping renewables giants of post 2030 power,” with comments from me interspersed in between. Rethink Energy is known for its aggressive predictions of the decline of the oil […]

Oil 98
article thumbnail

CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.

article thumbnail

CV industry gears up for a challenging tech transition; some bet on only two options for industry and govt investment – ET Auto

Baua Electric

Even as CV industry players, including Ashok Leyland launch CNG and LNG trucks, these fuel need not be pushed as that may amount to “just distracting ourselves”. The Union Government’s directive to the industry is also clear – move away from fossil fuels including diesel. For the CV industry , it can be a case of easier said than done.

article thumbnail

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.