Baua Electric

MAY 24, 2024

climb in fourth-quarter profit on Friday, helped by better demand for its automotive products and consumer goods. billion rupees a year earlier for the company, which makes auto parts and accessories for cars, two wheelers and railways among others. Bosch , the Indian arm of German automotive supplier Robert Bosch GmbH, reported a 41.5%

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Baua Electric

MAY 19, 2024

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. Steelbird launched a new product, the Fighter helmet, on May 17, 2024 starting at INR 2999. The company has acquired additional land in Baddi for the expansion.

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Auto Production Insight India 52

Baua Electric

MAY 21, 2024

Even as CV industry players, including Ashok Leyland launch CNG and LNG trucks, these fuel need not be pushed as that may amount to “just distracting ourselves”. The Union Government’s directive to the industry is also clear – move away from fossil fuels including diesel. For the CV industry , it can be a case of easier said than done.

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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. “The billion two-way trade, GTRI has said in its earlier report.

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Baua Electric

MARCH 1, 2024

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.

India 52

India Manufacturer Industrial Industry 52

Baua Electric

FEBRUARY 29, 2024

“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.

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Baua Electric

APRIL 9, 2024

As we transition to a world of Electrified products, energy distribution must be modernized, upgraded, and integrated with innovative infrastructure to support our changing demands. One of the key value propositions that Panduit brings to the EV Supply Equipment industry is its unwavering commitment to reliability and performance.

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Baua Electric

MAY 16, 2024

This restructuring is aimed at productivity enhancement in an AI-led era that is redefining the cab-hailing industry globally. . “As part of an ongoing restructuring, Ola Mobility CFO Kartik Gupta has stepped down from the company.

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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.

Toyota 52

Toyota Auto Batteries Battery 52

Baua Electric

MAY 16, 2024

MAHLE announced the sale of the thermostat product range to ADMETOS in August 2023. The sale transfers the thermostat segment to the industrial and investment holding firm ADMETOS , which will operate the business under the name BTT Solutions. MAHLE announced the sale of the thermostat product range to ADMETOS in August 2023.

Auto 52

Auto Sale Insight Parts 52

Baua Electric

MAY 25, 2024

The gigafactory will have an initial production capacity of 16 GWh/year and create about 1,200 direct jobs and 3,000 indirect jobs within two years, Verkor says. The gigafactory will have an initial production capacity of 16 GWh/year and create about 1,200 direct jobs and 3,000 indirect jobs within two years, Verkor says.

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Financing Auto Batteries Battery 52

Baua Electric

MARCH 21, 2024

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. “New automated driving functions will significantly boost convenience and safety,” VW Chief Executive Oliver Blume said.

Auto 52

Auto Bentley Production Porsche 52

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. LCAT is engaged in the business of providing emission products i.e. Air Filters, Fuel Tanks , etc. for both two-wheelers and four-wheelers.

Auto 52

Auto Emissions Production India 52

Baua Electric

APRIL 5, 2024

Japan will expand its Russia-bound export ban to include 164 additional industrial items such as lithium-ion batteries, gas pipes and car engine oil, the trade ministry said on Friday.

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Li-ion Russia Japan Industrial 40

Baua Electric

MAY 25, 2024

The MInT collaborative and this partnership with ZF, a global leader in mobility products and solutions, will help accelerate mobility research to practice,” said Prof. Manu Santhanam, Dean of Industrial Consulting and Sponsored Research, IIT Madras.

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Baua Electric

MAY 23, 2024

This growth extends across all product segments, encompassing both established lines such as lighting, switches, and alloy wheels, as well as emerging areas like EV technology, controllers, and sensors, the company said in a media release.

Auto 52

Auto Tax Cleaner Auto Industry 52

Baua Electric

FEBRUARY 2, 2024

New Delhi: Continental Tire, the tyre manufacturing arm of the Continental Group, has estimated the tyre industry in India might double by 2030. This industry should double the revenues by 2030,” Samir Gupta , MD of Continental Tires India, told ETAuto on the side-lines of Bharat Mobility Expo 2024.

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India Industrial Industry Auto 52

Baua Electric

MARCH 7, 2024

Updated On Mar 8, 2024 at 09:35 AM IST --> Published On Mar 8, 2024 at 09:35 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

Suzuki 52

Suzuki Japan Auto Production 52

Baua Electric

FEBRUARY 6, 2024

New Delhi: Ramkrishna Forgings Limited, one of the leading suppliers of rolled, forged, and machined products, has been awarded contract valued at USD13.16 We are poised to embark on this exciting journey together, setting new benchmarks in the industry and creating value for the customers. million (INR 109.2

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Baua Electric

MAY 23, 2024

It said the factory was slated to start mass production in early 2025, with an initial capacity of 10,000 Megapack units a year. The market leader is Chinese auto company BYD. ” It said the factory was slated to start mass production in early 2025, with an initial capacity of 10,000 Megapack units a year. It is the No.

Energy Storage 52

Energy Storage Auto Energy Batteries 52

Baua Electric

JANUARY 13, 2024

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. EuroGroup Laminations’ automotive total order book amounted to a record 6.4 billion euros in October last year, the company said.

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Mexico Auto Motor Motors 52

Baua Electric

APRIL 11, 2024

Lithium supplier Vulcan Energy on Wednesday announced the start of production of the first lithium chloride at its extraction plant in Germany using geothermal energy, an essential step toward producing battery-grade lithium hydroxide.

Germany 52

Germany Auto Energy Production 52

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. On the project front, the commercial production has begun at its plant for LiPF6 Project, the company said.

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Production Auto Sodium Energy Storage 52

Baua Electric

MARCH 29, 2024

The agreement is likely to help Mazda step up production of EVs as part of a 1.5 The agreement is likely to help Mazda step up production of EVs as part of a 1.5 trillion-yen (USD 9.9 billion) spending plan it unveiled in late 2022. trillion-yen (USD 9.9 billion) spending plan it unveiled in late 2022.

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Baua Electric

MAY 22, 2024

Giovanni De Fillipis, MD of Cornaglia Group, said, “The R&D center in India is a milestone for our strong plans to create industrial capabilities for our After-Treatment products, to be sold in India and international markets, utilizing our 100+ years of experience.”

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Corporation Auto Italy India 52

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. The company’s stock was delisted from the Nasdaq on Jan.

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Auto Sweden Kia Insight 96

Baua Electric

APRIL 19, 2024

Forvia, which supplies parts to Stellantis, Volkswagen and Ford, and is also active in China, is affected by falling auto demand and competition from Chinese manufacturers. Estimated worldwide automotive production dropped to 21.20 even as car production grew by 4.3%. Automotive production declined by 4.7%. organically.

Auto 52

Auto Chery Sale North America 52

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. The Bluechem Group, based in Germany, is a renowned global company in automotive maintenance, care products and services.

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Auto Production India Maintenance 52

Baua Electric

MAY 19, 2024

Critical minerals are particularly in demand for the production of batteries for electric cars. Critical minerals , such as cobalt, copper, lithium, nickel and rare earths, play a crucial role in the production of clean energy technologies , from wind turbines to electric cars.

India 52

India Auto Miami Insight 52

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. “That’s not the case in production.”

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Auto Czech Republic Germany Croatia 52

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.

Volvo 52

Volvo Auto Production Insight 52

Baua Electric

MARCH 6, 2024

Hanif Qureshi, Additional Secretary, Union Ministry of Heavy Industries, Vinod Aggarwal, Jury Chairman of the ACMA Excellence Awards, President of SIAM, and Managing Director & CEO of VECV; and Professor Paramjit S. Srinivas, Executive VP-Product Strategy and Purchasing at VE Commercial Vehicles; S.

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Baua Electric

MAY 3, 2024

The indigenised technology is targeted for applications across multiple domains, including Smart cities, Industries, Defence and Health, etc. The field implementation, testing and validation of this camera were done for road traffic applications. have been compiled in a booklet form which was launched for awareness creation.

Auto 52

Auto Insight Industrial Industry 52

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 automotive industry is in transition.

India 52

India Auto Industrial Industry 52

Baua Electric

FEBRUARY 27, 2024

The Company is currently working with 5 major automotive tier-ones for their next generation products which will further enhance the digital radio and audio experience in the digital cockpit of the vehicles. According to industry reports, Car Audio Market size was valued at USD 9.5 billion in 2023 and is projected to reach USD 25.5

Auto 52

Auto Production Vehicles Insight 52

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. BorgWarner now expects its full-year adjusted profit per share to be between USD 3.80 and USD 4.15, compared with its prior outlook of USD 3.65 to USD 4.00.

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Auto Fuel Economy Insight Exhaust 52

Baua Electric

FEBRUARY 28, 2024

New Delhi: The Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, successfully concluded the 4 th edition of its ‘Transforming Mobility 2024 -Global Summit & Expo’. Secretary, Ministry of Heavy Industries, Govt. participated in the expo.

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