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India set to become global semiconductor manufacturing destination: Industry – ET Auto

Baua Electric

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. By 2027 we will have the FAB and OSAT units producing.

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

Baua Electric

New Delhi: Pavna Industries Limited, a leading automotive parts manufacturer has inked an agreement with Ola Electric to supply ignition switches and latches, consolidating its foray into the electric two-wheeler segment. Ola Electric Mobility, headquartered in Bengaluru, is India’s largest electric two-wheeler manufacturer.

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Reliance, JSW Neo Energy and 5 others bid for govt incentives to set up battery manufacturing units – ET Auto

Baua Electric

The ministry had announced the re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. The bids for manufacturing facilities with a cumulative capacity of 70 GWh came in response to a global tender issued by the Heavy Industries Ministry on January 24 this year.

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RCRS innovations files for IPO, aims to expand battery manufacturing – ET Auto

Baua Electric

The proceeds from the IPO are intended for use in meeting working capital requirements and expanding battery manufacturing capacity. Based in Noida, RCRSIL manufactures and markets Lithium-Ion batteries and solar panels under the EXEGI brand, from its two manufacturing plants in the Delhi-NCR region. crore and a profit of INR 1.35

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Top industry bodies IESA & SEMI partner to boost India’s semiconductor goals – ET Auto

Baua Electric

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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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.

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Indian Two-Wheeler Industry Is Facing Its Osborne Moment

CleanTechnica EVs

By Lakshmisha K S Indian two wheeler industry is facing crisis. As this Economic Times article reports, manufacturers and dealers are sitting on huge inventory and even festive sales turned out to be a damp squib. Production in November is expected to be 25–30% lower than initial planned output.