Baua Electric

MAY 28, 2024

Malaysia aims for USD 107 billion investment in its semiconductor industry, led by Prime Minister Anwar Ibrahim, targeting design, packaging, and manufacturing. The post Malaysia aims for USD 107 bn investment in semiconductor industry appeared first on Bauaelectric Auto News.

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Baua Electric

MAY 1, 2024

Indian battery-maker Exide Industries beat fourth-quarter profit expectations on Tuesday, helped by higher demand in its automotive and industrial products segments. Earlier this month, South Korea’s Hyundai Motor and Kia Corp partnered with Exide Industries ‘ unit Exide Energy Solutions to supply batteries for their EVs.

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Baua Electric

MAY 7, 2024

Tesla CEO Elon Musk is causing chaos in the EV industry by firing Tesla’s entire charging team, which may lead some automakers to reconsider their plans to adopt the NACS plug. But NACS is just a better standard, and the industry should move forward on it, even if Tesla waffles with its commitment.

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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

MARCH 19, 2024

Yachiyo India Manufacturing , the Indian subsidiary of Yachiyo Industry Co. Yachiyo Industry Co. Yachiyo Industry Co. MSSL Mideast (FZE) which is a 100% subsidiary of SAMIL will acquire 100% of Yachiyo’s Indian subsidiary i.e., Yachiyo India Manufacturing Private Limited (YIM).

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Baua Electric

APRIL 23, 2024

The ministry had announced the re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. The bids for manufacturing facilities with a cumulative capacity of 70 GWh came in response to a global tender issued by the Heavy Industries Ministry on January 24 this year.

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Electric Cars Report

MARCH 13, 2023

Britain’s ability to compete as an electric vehicle production leader is at risk unless government responds urgently to increasingly fierce international competition, the Society of Motor Manufacturers and Traders (SMMT) warns in a new blueprint published today.

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The Truth About Cars

AUGUST 14, 2023

million units manufactured in 2022. Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Tesla grew about 142 percent and has a strong manufacturing presence in the country, so it’s the best-equipped American entity to take on the Chinese.

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Baua Electric

MARCH 31, 2024

New Delhi: Indian Oil Corporation Limited and Japan’s Panasonic Energy Co. a Panasonic Group company, have signed a binding term sheet to form a JV for manufacturing cylindrical lithium-ion cells in India for two-and three-wheel vehicles and energy storage systems, the public sector oil giant announced on Sunday.

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Baua Electric

MARCH 26, 2024

Germany is and will remain a strong industrial location, Chancellor Olaf Scholz said on Monday as he formally opened construction at Northvolt’s battery cell factory in Heide, in the northern state of Schleswig-Holstein.

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Baua Electric

MARCH 6, 2024

Battery maker Exide Industries Ltd on Wednesday said it has further invested nearly INR 40 crore in its wholly-owned arm advanced chemistry battery cells manufacturer Exide Energy Solutions Ltd. EESL is in the process of setting up a plant for manufacturing and selling lithium-ion battery cells , modules and pack business.

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Baua Electric

JANUARY 12, 2024

Engineering & tech solutions provider Cyient has entered into a memorandum of understanding (MoU) with Japanese electric vertical takeoff and landing ( eVTOL ) aircraft manufacturer SkyDrive Inc. By 2030, the UAM sector is poised to transform air mobility globally.

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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

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.

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Baua Electric

MARCH 23, 2024

External Affairs Minister S Jaishankar External Affairs Minister S Jaishankar on Saturday briefed Singapore’s business community about the strides taken by India in the field of manufacture of semiconductors and appealed to them to invest in this key sector in the country.

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Teslarati

JUNE 2, 2024

The Geneva International Auto Show has announced that it will discontinue the Switzerland automotive expo, following over a century of history and amidst industry pressures, lack of consumer interest, and more. The post Geneva Auto Show to come to an end after over 100 years appeared first on TESLARATI.

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Baua Electric

MARCH 20, 2024

New Delhi: Noida-based RCRS Innovations Ltd , which owns lithium-ion battery manufacturer EXEGI , will invest INR 50 crore this year to expand its capacity and introduce new product lines. “We will also add a new range of solar panels with cutting-edge technologies in the next two years,” Goyal added.

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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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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. PM Modi has the conviction that for Viksit Bharat we need electronics manufacturing.

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Baua Electric

MARCH 25, 2024

Since 1917, AIDA has led the metal-forming industry as the well-known manufacturer of metal-forming systems, particularly servo and mechanical presses for various applications in the global automotive and component industries, including OEMs and Tier 1 to Tier 3 suppliers. How is AI helping to add value to your business?

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Baua Electric

JANUARY 31, 2024

Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday. China currently houses the largest manufacturers of LFP batteries, including BYD and CATL, which supply Tesla.

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Baua Electric

FEBRUARY 28, 2024

Domestic manufacturing of semiconductors is the next big space and many companies are expected to venture into this segment, a senior MeitY official said on Wednesday adding that a USD 2 billion digital economy is what India seriously needs. “We expect the digital economy to really grow at an increasing pace in the next few years.

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Baua Electric

MAY 28, 2024

Volkswagen also detailed plans for a range of new battery-powered cars for under 25,000 euros to be unveiled as soon as the end of 2025. German auto giant Volkswagen on Tuesday announced plans for a cheaper-than-ever electric model, as it faces increasingly strong competition from Asian rivals that have taken a lead in battery technology.

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Baua Electric

JANUARY 13, 2024

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. Much of what had started in 2023 and before, is likely to gather speed even as new trends emerge. Likewise, the auto components industry also touched a new high.

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Baua Electric

JUNE 4, 2024

The tests of so-called level three autonomous driving technologies will be carried out by automakers including BYD and Nio, as well as major state-owned manufacturers such as Changan Automobile, GAC and SAIC, according to a statement published by the industry ministry on Tuesday.

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Baua Electric

MAY 29, 2024

The new grippers are also being used in other BMW plants, utilizing selective laser sintering and large-scale printing for tasks such as managing CFRP roofs on BMW M GmbH models. In 2023, BMW’s focus on additive manufacturing resulted in over 400,000 parts produced using this technology.

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The Truth About Cars

JUNE 15, 2023

It’s no secret that various industries attempting to hoard customer data and redefine what constitutes ownership have created a groundswell of consumer resentment. The agency has said that the "NHTSA expects vehicle manufacturers to fully comply with their Federal safety obligations.”

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CN EV Post

MARCH 22, 2023

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market. For more articles, please visit CnEVPost.

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The Truth About Cars

JANUARY 4, 2024

Remember when there was a shortage of microchips in the automotive industry? This, described as a clearing excess inventory, could hammer the company’s financial results this year and may spark a selloff in shares of auto chip suppliers. Pepperidge Farm remembers. Image: MZinchenko/Shutterstock] Become a TTAC insider.

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Baua Electric

MAY 5, 2024

Union road transport minister Nitin Gadkari on Saturday said Kolhapur had the potential to become a hub for manufacturing automobile components and that govt was looking to turn the ethanol industry into a INR 2-lakh-crore sector. Kolhapur is home to sugar mills and we are going to make the ethanol industry a INR 2-lakh-crore sector.

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Baua Electric

APRIL 27, 2024

Renault held talks this week with China’s Li Auto and Xiaomi on electric and intelligent vehicle technologies , the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies. China disputes the claim and has accused Europe of protectionism.

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Baua Electric

MARCH 7, 2024

The company has partnered with an international firm to establish a manufacturing facility dedicated to producing Power Modules, Control Circuits, and PLCs for EV chargers. stated, “Our goal is to establish Servotech as a leading supplier of EV Chargers and OEM supplier of Power Modules for Indian EV Charger manufacturers.

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Baua Electric

JANUARY 23, 2024

ZF Friedrichshafen, which makes transmissions, shock absorption systems, and chassis components for more than 55 auto brands and is Germany’s second-largest supplier after Bosch, said it could axe as many as 12,000 people in a “worst-case scenario” by 2030, reports The Financial Times. FTC: We use income earning auto affiliate links.

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Baua Electric

JANUARY 15, 2024

Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28. Similarly, in the heavy-duty trucks category, VECV secured a 9.1

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Baua Electric

MAY 29, 2024

Auto components manufacturer Samvardhana Motherson International Ltd reported a consolidated net profit of INR 1,444 crore for the fourth quarter ending March 2024, marking a substantial increase from the INR 699 crore posted in the same period last year. bn provides strong revenue visibility.

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Baua Electric

MAY 13, 2024

Despite being traditionally perceived as secure, the industry faced a notable surge in cyberattacks in 2023. Seqrite urges all stakeholders in the automotive industry ecosystem, including manufacturers, sellers, consumers, suppliers, and repairers, to prioritize cybersecurity and collaborate towards a safer future.

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Green Car Reports

APRIL 19, 2024

New factories producing EVs and their batteries are bringing more jobs to the Southeast, but utilities are trying to meet the power demands of these factories with natural-gas power plants rather than renewable energy, reports Energy News Network.

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