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Valeo to cut 1,150 jobs as hybrid, EV units merged: AFP | Autocar Professional

Baua Electric

Valeo, a France-based automotive supplier, will slash around 1,150 white-collar jobs worldwide, as it amalgamates its hybrid and EV units, the firm’s trade unions said. The post Valeo to cut 1,150 jobs as hybrid, EV units merged: AFP | Autocar Professional appeared first on Bauaelectric Auto News.

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World EV Sales Now Equal 17% Of World Auto Sales

CleanTechnica EVs

continued] The post World EV Sales Now Equal 17% Of World Auto Sales appeared first on CleanTechnica. In October, global plugin vehicle registrations were close to beating their previous monthly sales record (1,291,000 units), which was just.

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Renault Group sells 2.23 million vehicles in 2023, India now 13th in Top 15 markets | Autocar Professional

Baua Electric

Within the Renault brand, demand is growing for electrification – hybrid and all-electric. Dacia Jogger Hybrid 140, on sale since January 2023, represents more than 25% of Jogger customer orders. In 2023, the development outside Europe was mainly driven by Brazil, Turkey and Morocco. 4, switching positions with Turkey.

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BorgWarner acquires Italy-based EV charging industry

Baua Electric

Eldor’s electrical hybrid techniques area is made up of about 300 workers, together with 100 engineers, throughout two R&D crops in Italy and a producing plant in Turkey. The post BorgWarner acquires Italy-based EV charging industry appeared first on Bauaelectric Auto News.

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BorgWarner acquires EV charging industry in Italy for roughly $80 million

Baua Electric

Eldor’s electrical hybrid methods department is made up of about 300 workers, together with 100 engineers, throughout two R&D vegetation in Italy and a producing plant in Turkey. The post BorgWarner acquires EV charging industry in Italy for roughly $80 million appeared first on Bauaelectric Auto News.

Italy 52
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JVs, acquisitions driving diversification at Remsons | Autocar Professional

Baua Electric

With the rapidly evolving automotive landscape, the Mumbai-based auto component maker is now on the path of diversifying its business into next-generation products. Daichi is a Turkey-based company that offers cockpit electronics and infotainment systems. It is part of part of the Dogan Group, which has a revenue of USD 2 billion.

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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

As a result, cars made in China outsold cars made in Italy, Korea, Morocco, and Romania, while also closing the gap between cars made in Turkey and the UK. The volume of plug-in hybrid cars made in China fell by 62% last month, with these vehicles making up just 3.4% of the total coming from China, compared to 66% for BEVs.

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