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Ola Mobility CFO resigns amid company restructuring – ET Auto

Baua Electric

Kartik Gupta, Ola mobility New Delhi: About two weeks after the resignation of Ola Mobility CEO, the company’s Chief Financial Officer Kartik Gupta has also resigned from the company. Ola Mobility said that Gupta’s exit is part of the company’s restructuring exercise. Gupta joined the company seven months ago.

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Honda to focus on increasing hybrid volume with core models: CR-V, Accord and in the future, Civic; Insight production ends in June

Green Car Congress

As the next step in Honda’s electrification strategy in North America, the company will focus on increasing hybrid volume of core models: CR-V, Accord and, in the future, Civic. To make room for these moves, Honda will conclude Insight production in June. Hybrids will represent the top and best performing models in the lineup.

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Steelbird Hi-Tech plans major expansion and new facility to boost helmet production – ET Auto

Baua Electric

The company has acquired additional land in Baddi for the expansion. Production is expected to begin in two years, Rajeev Kapur , MD, Steelbird Hi-Tech, told in a media interaction at the manufacturing facility in Baddi. The company is targeting a revenue of over INR 900 crore for FY24-25 and aims to reach INR 1,300 crore by 2026-27.

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ACMA awards 59 companies for excellence in production, innovation, localisation, exports – ET Auto

Baua Electric

New Delhi: The Automotive Component Manufacturers Association of India ( ACMA ) at the 58th edition of the ACMA Excellence Awards and the 9th Technology Summit on March 05, 2024, recognized the exceptional contributions and achievements of 59 auto component manufacturers, and gave away 112 awards under various categories.

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Are Auto Companies Ready for the Future?

Clean Fleet Report

The United Auto Workers strike in the U.S. In this regard, pure-play EV-native companies like Tesla , Lucid and Rivian have an advantage: They are primarily high-tech companies and have these capabilities already embedded in their DNA. Future Success How should auto companies set themselves up for ongoing success?

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Semiconductor company Mindgrove launches India’s first commercial MCU chip – ET Auto

Baua Electric

The Chennai-based startup said the chip will allow local companies to use an Indian SoC in their products and help reduce the cost of their devices, without compromising on high-end features. The company said it is the only Indian chip that is commercially available in this segment. .

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Dubai mining firm plans to start Argentina lithium production next year – ET Auto

Baua Electric

Argentina is the world’s fourth-largest lithium producer, with a pipeline of projects led by international companies set to ramp up in the coming months. Argentina is the world’s fourth-largest lithium producer, with a pipeline of projects led by international companies set to ramp up in the coming months.