Baua Electric

MAY 8, 2024

Kia confirms the EV3 for production. Rivian revamps its Illinois plant for R2 production. Rivian is rejiggering the production capacity of its plant in Normal, Illinois, to accommodate up to 155,000 of its more affordable R2 SUVs annually. EVs are already having a big effect on gasoline demand.

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Baua Electric

APRIL 4, 2024

The Vancouver-based company, whose main business is a hard rock lithium project at Brazil’s Grota do Cirilo , started scouting for potential buyers about a year ago. Cabral-Gardner said Bank of America was still leading a strategic review of the company, but she declined to give details. Sigma has denied the allegations.

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Baua Electric

FEBRUARY 6, 2024

With a workforce of over 200 employees, including 30 highly skilled and experienced engineers, this facility will serve the emission products requirements of the Indian Auto industry. Italy, has expanded its operations by opening a new manufacturing facility at Chakan in Pune. for both two-wheelers and four-wheelers.

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Baua Electric

FEBRUARY 2, 2024

There has been no announcement from the company itself, which as recently as last week was still making press announcements including about further European expansions. The majority of the company is owned by just a few key individuals and funds: AMF, Swedish pension company: 11.3%. But it’s not all bad news.

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Baua Electric

MAY 15, 2024

Chennai-headquartered TVS Motor Company has launched operations in Italy. The company will introduce a selection of its thermic and electric scooters and motorcycles. TVS Motor, ranked as the world’s fourth-largest two and three-wheeler manufacturer and third in market capitalisation, already markets its products in 80 countries.

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Baua Electric

FEBRUARY 1, 2024

In India, the company will introduce co-branded products distributed by Lumax Aftermarket through its extensive network of 350+ channel partners and over 30,000 workshops located across India. LATL is a listed company under the Lumax-DK Jain Group. diagnostic software, tools and equipment. Sanjay Bhagat , Sr.

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Baua Electric

MARCH 5, 2024

Among Toyota-affiliated companies, currently PEVE, Toyota Industries Corporation , and Prime Planet Energy & Solutions, Inc. Toyota will continue collaborating with these companies in battery mass production and development. The acquisition is scheduled to take place in late March.

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Baua Electric

FEBRUARY 5, 2024

New Delhi: Greenfuel Energy Solutions , leading provider of clean mobility solutions and Energy Storage Systems (ESS) has partnered with EVE Energy Co., a global leading lithium battery company based in China.

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The Truth About Cars

JANUARY 5, 2024

News broke earlier this week that Stellantis would pull out of auto shows, including the upcoming Chicago Auto Show, for the foreseeable future. We reached out to the Chicago Auto Show folks about that, and have not yet heard back. Having one of the Detroit Three pull out of auto shows leads to ringing of alarm bells.

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Baua Electric

APRIL 11, 2024

Vulcan’s lithium chloride output will be converted into battery-grade lithium hydroxide at the company’s new conversion plant in Frankfurt in the second half of the year, Moreno said. The German government has created a 1.1

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Baua Electric

MAY 16, 2024

Jindal Aluminium has produced an unprecedented 1,15,920 metric tons (MT) of aluminium extruded products in FY 2023-24. This achievement marks a 10% increase in production compared to FY 2022-23, reaffirming the company’s commitment to meeting the growing market demand. lakh tonnes per annum. lakh tonnes per annum.

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Baua Electric

MARCH 21, 2024

“New automated driving functions will significantly boost convenience and safety,” VW Chief Executive Oliver Blume said. Volkswagen will bring new automated driving technologies to series production as it deepens its partnership with Mobileye in automotive driving technologies, Europe’s biggest carmaker said on Wednesday.

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Teslarati

JANUARY 11, 2024

The startup is now turning to auto dealerships for sales and services. In September 2023, Fisker shared that it ramped production of the all-electric Ocean crossover SUV to 300 units per day. The company also shared its intention to expand retail operations in North America and Europe.

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Teslarati

MARCH 24, 2024

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. 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.

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Baua Electric

JANUARY 31, 2024

Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday. This year, Tesla’s cheapest cars, the Model 3 compact sedan, lost tax credits for the purchase of EVs under the Inflation Reduction Act.

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Baua Electric

MAY 6, 2024

Production of the car component at the town of Gifhorn will end in 2027 and move to Croatia, the Czech Republic and Wales to keep the costs “competitive”, according to Continental, which will cut about 7,000 jobs worldwide. Another 100 could find a home at a nearby Siemens mobility plant that supplies rail companies.

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Baua Electric

JANUARY 13, 2024

billion euros in October last year, the company said. Electric motor component maker EuroGroup Laminations said on Friday it would invest 50 million euros (USD 55 million) to expand its production capacity in Mexico to serve the automotive industry. The Italian company has Volkswagen , Renault , Ford , GM and an undisclosed U.S.-based

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Baua Electric

MAY 16, 2024

MAHLE announced the sale of the thermostat product range to ADMETOS in August 2023. New Delhi: MAHLE has finalized the sale of its OEM thermostat business as of May 2, 2024. In ADMETOS, we have found an owner that offers both the company and its employees a stable, promising outlook.

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Baua Electric

FEBRUARY 7, 2024

Gujarat Fluorochemicals arm GFCL EV Products on Wednesday announced an investment of INR 6,000 crore for increasing production capacity of electric vehicle battery materials in the next 4-5 years. The company is poised to enter high-demand regions of the US, Europe and India, according to a statement.

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Teslarati

JANUARY 8, 2024

It plans to delve into products that could prove lucrative. Panasonic Automotive’s US technology chief, Andrew Poliak, shared with Automotive News that the department is looking into producing infotainment systems, cameras, head-up displays, and audio systems.

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Baua Electric

MARCH 7, 2024

On 6 March, a rivet driving ceremony was held to wish for safe operation of the plant, in the presence of all Sky Works employees, along with SkyDrive CEO Tomohiro Fukuzawa, Suzuki President Toshihiro Suzuki , and personnel of both the companies.

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The Truth About Cars

OCTOBER 20, 2023

The new Gravity will be unveiled at this year’s LA Auto Show in mid-November and will enter production late next year. Lucid’s vehicles are noteworthy but far from affordable, leaving the company with a bit of a demand problem. & [Image: Lucid] Become a& TTAC insider.

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Baua Electric

FEBRUARY 6, 2024

Arrival is the latest casualty in the high-profile EV industry, where rising interest rates, stubborn inflation and high costs involved in production ramp have hit the cash reserves of most startups. Arrival was in talks with EY about acting as administrator if it failed to secure rescue funding, Sky News reported last month.

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Baua Electric

MAY 15, 2024

The service will be expanded this summer to allow individuals to sign up for spots in a shuttle heading to and from US stadiums and other venues, the company announced at a New York presentation on product updates. The company is also releasing a student version of its Uber One subscription program, priced at USD 4.99

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The Truth About Cars

JANUARY 3, 2024

Stellantis pulled out of last year’s Los Angeles Auto Show and the Specialty Equipment Market Association (SEMA) trade show , stating that it was trying to save money amid the now resolved UAW strike. However, it’s starting to look like the company just isn’t interested in attending the big events anymore.

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Baua Electric

FEBRUARY 6, 2024

The company anticipates not only solidifying its presence in North America but also continuing its tradition of delivering high-quality automotive components that drive innovation and performance, the company said. million (INR 109.2 million (INR 109.2

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Baua Electric

APRIL 23, 2024

The company did not disclose how many employees were affected by the layoffs or which countries it is shifting roles to. The company’s sales suffered in the first quarter ended Dec. 31, as the UAW strikes affected production volumes in the United States.

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Baua Electric

FEBRUARY 28, 2024

Luminar Technologies shares tumbled about 10% on Wednesday after the self-driving sensor maker’s fourth-quarter results missed estimates on delayed production schedule for Volvo Cars’ new EX90 electric SUVs. “The EX90 production delay is likely to last until mid-2024.

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Baua Electric

FEBRUARY 27, 2024

Software defined radio and in-cabin audio technology solutions company Inntot Technologies has made half a million deployments in the automotive segment. Inntot’s solutions have been deployed by multiple major car manufacturers due to its superior performance and cost effectiveness.

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Baua Electric

MAY 17, 2024

As Skoda Auto India accelerates its expansion and digitalisation initiatives, the company has announced the implementation of its New Corporate Identity across physical assets including dealerships and service centers. Digitalisation is of course, one of the many ways we reach out to customers.

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Teslarati

MARCH 25, 2024

That time has long passed, and BYD’s presence in the hybrid, PHEV, and BEV sector has grown to a point where it has garnered the respect of the global auto industry. This was highlighted recently, when BYD celebrated a new milestone by producing its 7 millionth new energy vehicle (NEV).

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Electric Vehicles India

APRIL 3, 2023

Initially, the electric three-wheeler will be available only in a limited number of cities for cargo and passenger use The first electric three-wheeler from Bajaj Auto will be unveiled in April 2023 when it is launched. It will be available in both the passenger and cargo vehicle categories when the product is launched.

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Baua Electric

MAY 9, 2024

The energy unit of Japan’s Panasonic Holdings missed its operating profit guidance for the past business year due to lower electric-vehicle battery production in Japan and a fall in sales of consumer products, the company said on Thursday. billion yen (USD 570.18 Its operating profit declined 25% to 40.7

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Baua Electric

JANUARY 9, 2024

The company has entered into a memorandum of understanding (MoU) with Guidance, the nodal agency of the state government as part of the Tamil Nadu Global Investors Meet 2024, it said in a regulatory filing. The MoU is non binding and at present does not have a material impact on operations of the company, it added. apiece on BSE.

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Baua Electric

MAY 15, 2024

Commercial EV manufacturer Mullen has scored a $150 million capital infusion that will allow it to expand its domestic and international sales efforts – and put Bollinger’s beefy electric trucks into series production. FTC: We use income earning auto affiliate links. The Bollinger B4 is a cabover-style chassis cab with a 15,500 lb.

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Teslarati

OCTOBER 17, 2023

According to a statement on Tuesday, General Motors (GM) is delaying the production of its electric pickups to late 2025 at one Michigan plant, though the automaker says the change is not related to the ongoing United Auto Workers (UAW) strike.

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Baua Electric

MAY 3, 2024

Auto parts supplier BorgWarner raised its full-year adjusted profit outlook on Thursday, aided by sustained demand from its exhausts, turbos and emission control systems. The company has benefited from automakers rushing to put out vehicles with smaller engines that are powerful and meet modern emission norms. to USD 4.00. to USD 4.00.

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