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ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

Green Car Congress

Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. Both parties agreed not to disclose any further details about the investment.

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Lumax Industries appoints Raju B Ketkale as new CEO – ET Auto

Baua Electric

Raju B Ketkale New Delhi: Raju B Ketkale , Executive Director, will take over charge as CEO of Lumax Industries Limited, a leading Tier-1 automotive lighting system and component manufacturer of the Lumax-DK Jain Group. He joined Lumax Group in October 2023 as Executive Director of Manufacturing and Corporate Function.

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Indian Forging Industry names Ashwani Jotshi as new secretary general – ET Auto

Baua Electric

Ashwani Jotshi New Delhi: The Association of Indian Forging Industry ( AIFI ) has appointed Ashwani Jotshi as its new Secretary General, bringing over thirty years of experience from the Automotive Component Manufacturers Association of India ( ACMA ). Jotshi’s leadership skills will be valuable in his new role at AIFI.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

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. auto sector,” the organization writes. auto sector,” the organization writes. auto industry appeared first on TESLARATI.

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India set to become global semiconductor manufacturing destination: Industry – ET Auto

Baua Electric

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. By 2027 we will have the FAB and OSAT units producing.

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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. Dongfeng Motors Corporation Ltd.

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Volkswagen lays out its NEW AUTO strategy: transforming from manufacturer to software-driven mobility provider; Scalable Systems Platform

Green Car Congress

Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. Like the MEB today, the SSP will be open to other auto manufacturers.