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 25, 2024

Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on record on Thursday after the company reported a wider-than-expected quarterly loss, highlighting its struggles with the EV rental business.

Global 52

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Baua Electric

MAY 10, 2024

New Delhi: In the pursuit of establishing itself as a global leader in mobility tech nology, India must strategically address four key areas with unwavering commitment and concerted efforts. This relentless focus on technology creation serves as the bedrock of India’s quest for global leadership in mobility tech.

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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

FEBRUARY 28, 2024

“Since 2018, our footprint in the connected car industry has been significantly growing and we look forward to our extended connectivity partnership with BMW Group in the coming years,” Jacques Bonifay, CEO of NTT DATA’s global MVNO Transatel, said.

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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 automotive industry is in transition.

India 52

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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 9, 2024

New Delhi: It is no secret that Chinese component makers are aggressively scouting global markets for increasing their already tight grip on the nascent battery electric vehicle (BEV) industry. What do Indian suppliers with global ambitions in the BEV segment do to thwart this aggressive posturing by the Chinese?

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Baua Electric

FEBRUARY 2, 2024

For Continental last year was “exciting” and the company performed globally well. New Delhi: Continental Tire, the tyre manufacturing arm of the Continental Group, has estimated the tyre industry in India might double by 2030. For Continental last year was “exciting” and the company performed globally well.

India 52

India Industrial Industry Auto 52

Baua Electric

MAY 26, 2024

New Delhi: Hyundai Mobis , South Korea’s leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year. Yun also noted that while the demand for EVs in the global market has slowed temporarily, the industry will eventually move toward eco-friendly cars.

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Baua Electric

APRIL 24, 2024

AA-T) and AISIN Automotive Haryana Private Limited (AHL), to market and sell the auto components in independent aftermarket for passenger car products. With this collaboration, both the companies endeavour to expand their footprints across India, Nepal, Sri Lanka and Bangladesh for Independent Aftermarket (IAM) of passenger car products.

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Baua Electric

MAY 29, 2024

This strategy underscores BMW’s commitment to leveraging additive manufacturing for sustainable and high-performance automotive solutions globally.

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Baua Electric

MAY 28, 2024

India’s automotive industry is one of the many areas that leverage robotic automation. Difacto, with three factories in Bengaluru and branches in Pune and Gurgaon, operates globally. mn from Stakeboat Capital – ET Auto appeared first on Bauaelectric Auto News.

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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 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.

India 52

India Auto Global Parts 52

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 13, 2024

New Delhi: Seqrite, the enterprise arm of global cybersecurity solutions provider Quick Heal Technologies Ltd, has revealed in its ‘India Cyber Threat Report,’ that the automotive supply chain is the most cyber attacked sector.

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Auto Supplies India Insight 52

Baua Electric

MARCH 22, 2024

Updated On Mar 22, 2024 at 02:50 PM IST --> Published On Mar 22, 2024 at 02:50 PM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

Auto 52

Auto Global Market Insight 52

Baua Electric

JANUARY 18, 2024

Tata Technologies, which provides engineering services to auto, aero and heavy machinery makers, will set up skilling centres in 50 government-run industry training organisations. bn in Telangana state – ET Auto appeared first on Bauaelectric Auto News. Tata Technologies will invest 150 billion rupees (USD 1.80

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Baua Electric

FEBRUARY 6, 2024

This partnership not only strengthens our global footprint but also reaffirms our commitment to delivering excellence in every component we manufacture. We are poised to embark on this exciting journey together, setting new benchmarks in the industry and creating value for the customers.

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Baua Electric

MARCH 13, 2024

The three chip manufacturing and assembly facilities will help in making India a global semiconductor hub and will also raise the country’s profile in the global semiconductor value chain,” Prime Minister Narendra Modi on Wednesday said. It has been made possible only in 2024.

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Baua Electric

MAY 28, 2024

In the Lead Acid Battery business strong volume growth momentum continued in both automotive and industrial applications across all customer segments. Today, we have a wide array of products and solutions that cater to every type of automotive and industrial application.” cr – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

JANUARY 31, 2024

Sona Comstar ), one of the leading global providers of automotive technology solutions, has announced its participation in the inaugural season of Bharat Mobility Global Expo 2024 , scheduled to take place at Bharat Mandapam, Pragati Maidan, New Delhi from February 1 to 3, 2024. New Delhi: Sona BLW Precision Forgings Ltd.

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Baua Electric

JANUARY 27, 2024

New Delhi: The global semiconductor industry ‘s revenue declined 8.8% AI provided positive news to the semiconductor industry, emerging as a key content and revenue driver, especially in the second half of the year. in 2023: Report – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

MAY 21, 2024

In his advisory role, Troedsson will support Metastable’s strategic planning, delivering industry insights and mentorship vis-à-vis the startup’s market positioning. Metastable’s strategic advantage, anchored via a patented solution, solidifies their position as frontrunners in the recycling industry.

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Baua Electric

MAY 30, 2024

China is seeking to cement its lead in the global EV market after early and heavy investment in domestic supply chains helped it become the most cost-competitive battery and EV producer in the world. Many auto industry officials and analysts expect solid-state batteries will determine the competitiveness of the next-generation EVs.

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China Auto Batteries Battery 52

Baua Electric

JANUARY 11, 2024

“In order to prepare for the future,” Chief Minister Patel stated, “Gujarat is proud to be the first state in India to announce plans for developing a semiconductor industry.”

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Baua Electric

MAY 27, 2024

Chairman Akio Toyoda in January said EVs would reach a global auto market share of 30% at most, with hybrids, hydrogen fuel-cell and fuel-burning vehicles making up the rest.

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Toyota Engine Auto Fuel 52

Baua Electric

MAY 7, 2024

Tata Communications CloudLyte is at the forefront of edge computing and adeptly caters to the needs of global enterprises through its multi access, cloud, and infra agnostic architecture. Solution in a box’ enables enterprises with swift deployment (within minutes), and effortless scaling as required, thus future proofing investments.

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Auto Global Insight Maintenance 52

Baua Electric

MAY 19, 2024

Speaking at Bank of America Securities Global Metals, Mining and Steel Conference 2024 in Miami recently, Hebbar said the mining and metals sector will play a crucial role in helping the world meet the net-zero goals. The transition to net-zero goals globally will be mineral intensive and meeting this demand will be not easy, she said.

India 52

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Baua Electric

MAY 27, 2024

New Delhi: Rockwell Automation , the world’s leading company dedicated to industrial automation and digital transformation, has appointed Azzurro, a subsidiary of the Illukkumbura Group, as a strategic partner to help drive business growth in Sri Lanka. with adoption of Artificial Intelligence and Machine Learning.”

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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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Baua Electric

MAY 15, 2024

The report added that SK Group has recently decided on a plan to sell SKIET’s management rights and began contacting potential buyers through major global investment banks. SKIET supplies separators – an essential battery component – to EV battery makers including Tesla partner Panasonic Corp. trillion won (USD 3.01

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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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Auto Batteries Battery South Korea 52

Baua Electric

MAY 20, 2024

New programmes with global customers are likely to begin in Q4 of this year.” Updated On May 21, 2024 at 12:11 PM IST --> Published On May 21, 2024 at 12:01 PM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

India 52

India Auto Insight United States 52

Baua Electric

MAY 3, 2024

Luminar is also looking to sub-lease some of its facilities in portions or fully, reducing global footprint as part of the restructuring. The company launched its latest lidar sensor, Halo, in April, partnering with auto-software maker Applied Intuition to aid car makers in testing their assisted-driving systems.

Parts 52

Parts Auto Sweden Insight 52

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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