Baua Electric

MAY 20, 2024

Steel wheels manufacturer for trucks, agricultural tractors, passenger vehicles and construction equipment, Wheels India Ltd has drawn up plans of INR 200 crore as capital expenditure for the current financial year, a top official has said. New programmes with global customers are likely to begin in Q4 of this year.”

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Baua Electric

FEBRUARY 28, 2024

“The Global Summit & Expo’s success underscores electric vehicles’ transformative potential and manufacturing opportunities in India,” Shradha Suri Marwah, President, ACMA, and Managing Director, Subros Ltd. billion to 4 billion in manufacturing and R&D over the past five years.

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Baua Electric

APRIL 16, 2024

has introduced in-vehicle payment technology through SheevaConnect product suite for Citroën C3 Aircross SUV AT , a budget-friendly automatic midsize SUV in India. The in-vehicle payments technology will allow the new Citroën C3 Aircross AT owners to pay for fuel at 32,000 fuelling stations across India. Other Sheeva.AI With Sheeva.AI

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Baua Electric

MARCH 18, 2024

Stephen Scherr, Chief Executive Officer New Delhi: Hertz Global Holdings Inc. ’s Cruise unit, set to join the board of directors on April 1, a global news organisation reported. ’s Cruise unit, set to join the board of directors on April 1, a global news organisation reported.

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Baua Electric

MAY 15, 2024

The move is aimed at easing financial difficulty faced by SK Innovation’s battery-making unit SK On amid weakening demand for electric vehicles, according to the newspaper, citing an unnamed investment banking source. SK Innovation owns a stake of 61.2% in SKIET, whose market value stood at 4.09 trillion won (USD 3.01

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Baua Electric

MARCH 26, 2024

Japanese carmaker Nissan Motor plans to introduce its e-power hybrid technology car in Tunisia, its Africa head said on Tuesday, as part of plans to test demand in the African market for electric vehicles. Africa is the world’s last remaining automotive frontier due to the low level of vehicle ownership.

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Baua Electric

JANUARY 10, 2024

The partnership is aimed at “enhancing electric vehicle offerings available on Uber’s mobility platform. US ride-hailing platform Uber and South Korean automaker Kia announced Wednesday the signing of an agreement on producing electric vehicles, during the Consumer Electronics Show in Las Vegas.

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Baua Electric

JANUARY 31, 2024

New Delhi: Sheerdrive , a Mumbai-based Digital AI/ ML pre-owned vehicle platform with a SaaS-based offering, has unveiled a comprehensive used vehicle auction portal – Sheerdrive Pro. Sheerdrive has appointed Ravi Thakkar as Vice President, and Swarnim Deshpande as Assistant General Manager.

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Baua Electric

MARCH 20, 2024

Ratan Tata Manufacturing of semiconductors in Assam will put the state on the global map, said industrialist and philanthropist Ratan Tata , whose conglomerate has put in INR 27,000 crore in investments for a semiconductor plant in Jagiroad. “This new development will put Assam on the global map.

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Baua Electric

MAY 9, 2024

Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. It has a plant in Nevada and has broken ground on a second one in Kansas, which would take its auto battery capacity to 80 gigawatt hours (GWh) a year.

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Baua Electric

MAY 3, 2024

Lidar sensors help self-driving cars and driver-assistance systems gain a three-dimensional map of the road, and is considered a key to achieving full autonomy in vehicles. Luminar is also looking to sub-lease some of its facilities in portions or fully, reducing global footprint as part of the restructuring.

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Baua Electric

MARCH 13, 2024

Minda, CMD, Uno Minda Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry ‘s performance, what is your outlook for 2024? The past two years have seen a remarkable transformation in the Indian auto and auto component industry.

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Baua Electric

MAY 20, 2024

” German automaker BMW imported at least 8,000 Mini Cooper vehicles into the United States with electronic components from a banned Chinese supplier, a U.S. The report found that Bourns Inc, a California-based auto supplier, had sourced components from Sichuan Jingweida Technology Group (JWD). imported vehicles.

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Baua Electric

MARCH 11, 2024

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 Indian economy has demonstrated remarkable resilience in the face of shifting global dynamics.

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Baua Electric

JANUARY 19, 2024

But Cadillac delivered 9,000 Lyriqs in 2023, according to a media briefing by its global vice president John Roth. But Cadillac delivered 9,000 Lyriqs in 2023, according to a media briefing by its global vice president John Roth. The luxury brand had delivered fewer than 2,400 in the first half.

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Baua Electric

JANUARY 10, 2024

New Delhi: MG (Morris Garages), a British automobile brand with a 100-year-old legacy, showcased its EV portfolio at the Vibrant Gujarat Global Summit 2024. Gujarat’s business-friendly environment and pioneering policies have made it a compelling destination for our investments, particularly in electric vehicles (EVs).

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Baua Electric

MAY 3, 2024

Raymond had completed its acquisition of MPPL in the last quarter of the previous financial year to help its foray into aerospace, defense and electrical vehicle components business.

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Baua Electric

MAY 21, 2024

A slowdown in the take-up of electric vehicles in the U.S. The transition to EVs from cars running on gasoline has hit a rough patch globally as consumers slow the pace at which they switch to battery-powered vehicles amid inadequate infrastructure in some developed markets.

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Baua Electric

MAY 3, 2024

Albemarle , the world’s largest producer of lithium for electric vehicle batteries , could look at reducing capital expenditure in the coming years if lithium prices remain flat, the company said on Thursday. Albemarle maintained its outlook for the year, in which it plans to spend between USD 1.6 billion and USD 1.8

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Baua Electric

APRIL 12, 2024

China’s top trade official warned the European Union against protectionism on Friday, saying Beijing was puzzled by EU probes into green tech exports and the bloc’s concerns they threaten the domestic solar panel, wind turbine and electric vehicle industries.

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Baua Electric

APRIL 25, 2024

A rally in India’s battery maker stocks this month looks poised to extend amid optimism over further collaborations with foreign vehicle manufacturers. Global carmakers, including BYD Co., are doubling down on the burgeoning electric vehicle market in the South Asian nation as sales cool in China, the US and Europe.

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Baua Electric

APRIL 8, 2024

It also dominates global supplies of many other industrial metals needed for the energy transition: a source of worry for western leaders with net zero targets to meet. ” Rahim did not say what global copper demand would be in 2030. .” ” Rahim did not say what global copper demand would be in 2030.

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Baua Electric

APRIL 11, 2024

New Delhi: CNH , a global leader in agricultural and construction solutions, has added a cutting-edge Multi-Vehicle Simulator (MVS) at the company’s India Technology Center (ITC). The first-of-its-kind MVS in the Indian off-highway segment will play a pivotal role in CNH’s global operations.

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Baua Electric

MAY 2, 2024

Albemarle , the world’s largest producer of lithium for electric vehicle batteries , on Wednesday missed first quarter profit estimates on lower prices. Softening Electric Vehicle (EV) demand has knocked down global lithium prices , hitting lithium producers such as Albemarle. billion the previous year.

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Baua Electric

JANUARY 23, 2024

The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday. India has emerged as the automotive powerhouse and the world is looking at us.

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Green Car Congress

SEPTEMBER 24, 2021

Honda and Google have agreed to integrate Google’s in-vehicle connected service into an all-new model that will come to market in the second half of 2022 in North America. As a result of this collaboration, Honda began adopting Android Auto starting with the Accord in 2016.

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Baua Electric

MAY 1, 2024

Auto engineering company Sona Comstar is planning to invest INR 1,200 crore over the next three financial years to productionise its INR 22,600crore order book of which just under INR 18,000crore are EV segment orders. Of the EV orders , 80% is global business and 20% is domestic. EV growth is high priority for us,” he added.

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Baua Electric

MARCH 14, 2024

The Pune global capability centre will be one of the key pivots for this objective and will employ advanced analytics to develop cutting-edge filtration technologies. It will support the company’s global business functions of engineering, product management, IT, supply chain etc. India is very important to us as a business.

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Baua Electric

MAY 14, 2024

India may become a dumping ground for Chinese products such as Electric Vehicles ( EVs ), batteries and other new technology items with the US raising tariffs on these imports from Beijing, economic think tank Global Trade Research Initiative ( GTRI ) said Tuesday.

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Baua Electric

APRIL 1, 2024

New Delhi: The BMW Group and Tata Technologies , a global product engineering and digital services company, have announced that they have signed an agreement to form a Joint Venture (JV) to establish an automotive software and IT development hub in Pune, Bengaluru and Chennai.

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Baua Electric

APRIL 25, 2024

They also cover various vehicle systems such as powertrain, body & trim, suspension, brakes, HVAC, and emission control. In FY24, Tata Motors received five prestigious accolades and honours of global repute for its excellence in intellectual property rights (IPR).

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Baua Electric

MAY 9, 2024

Honda has set a global target of achieving carbon neutrality in all its products and corporate activities by 2050. New Delhi: Honda R&D (India) Private Limited (HRID), a subsidiary of Honda Motor Co., The company is working to make a wide range of its products carbon neutral in terms of their power sources.

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Baua Electric

APRIL 8, 2024

Chinese ride-hailing giant Didi Global said its self-driving unit’s joint venture with EV maker GAC Aion has received a business license, registering itself as the first JV in China for mass production of fully self-driving electric robotaxis in the country.

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Baua Electric

APRIL 17, 2024

Ramkrishna Forgings has signed an agreement to supply power train components to USA’s largest electric passenger vehicle producer, the company said in a stock exchange filing on Thursday. This deal signals the company’s debut in US’ electric vehicle market.

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Baua Electric

MARCH 25, 2024

ZF Lifetec is one of the leading passive safety equipment providers with a global presence of 46 locations across 18 countries and a market share of more than 20% of global sales in its core product categories. We are aiming for growth, driven by automotive megatrends and globally rising levels of safety regulations.

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Baua Electric

MARCH 29, 2024

New Delhi: Auto components maker ZF Rane Automotive India Pvt Ltd, on Friday, announced the acquisition of steering wheels manufacturer TRW Sun Steering Wheels Pvt Ltd for an undisclosed sum. Gurugram-headquartered TRW Sun Steering Wheels (TSSW) is a JV between the Sun Group and ZF Group globally.

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India Auto Insight Manufacturer 52

Baua Electric

MAY 20, 2024

As lithium emerges as a linchpin of the global energy transition, the industry is in the grip of a slow-motion revolution that earlier upended commodities like iron ore: a push for more transparent and industry-wide pricing.

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