Remove Asia Remove Auto Remove Industrial Remove Industry
article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. at this point, the company has been beginning to deliver its EVs in several markets throughout Europe and Asia. auto sector,” the organization writes.

article thumbnail

SKF appoints Mukund Vasudevan as MD- India and President for Industrial Region, India and SE Asia | Autocar Professional

Baua Electric

SKF has appointed Mukund Vasudevan as MD- India and President for Industrial Region, India and South East Asia, effective today. He succeeds Fredrik Hallen, the Acting President for Industrial Region ISEA. In his previous role, he served as Managing Director – Enterprise at Moglix.

India 52
article thumbnail

Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

article thumbnail

TTTech Auto expands in China with MotionWise software platform for automated driving

Green Car Congress

TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.

China 368
article thumbnail

AIDA servicing evolving needs of the auto industry | Autocar Professional

Baua Electric

Since 1917, AIDA has led the metal-forming industry as the well-known manufacturer of metal-forming systems, particularly servo and mechanical presses for various applications in the global automotive and component industries, including OEMs and Tier 1 to Tier 3 suppliers. AIDA specialises in metal forming equipment for the industry.

article thumbnail

Sany Heavy Industry India Pvt Ltd expands presence in Odisha | Autocar Professional

Baua Electric

Sany Heavy Industry India Pvt Ltd, a leading global provider of construction machinery and equipment, on Friday announced opening of HO, M/s Raghunath Machinary. The inauguration ceremony, presided over by Deepak Garg VC & MD Sany India & South Asia, took place on April 24, 2024. ” he added.

India 52
article thumbnail

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.

India 52