Baua Electric

JANUARY 8, 2024

New Delhi: Swedish lithium-ion battery producer Northvolt on Monday secured EU approval for 902-million-euro (USD 986.43 million) in German state aid to build an electric vehicle battery production plant in the north of Germany.

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Baua Electric

MARCH 15, 2024

The project is awarded through tariff-based competitive bidding (TBCB) mechanism and will be developed on a build, own, and operate (BOO) basis for 12 years. Further extension of the project is possible on a mutually agreeable basis.

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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 1, 2024

New Delhi: CG Power and Industrial Solutions Limited, a part of Tube Investments of India Limited and the Murugappa Group; Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions; and Stars Microelectronics (Thailand) Public Co. The JV will be 92.3% and 0.9%, respectively.

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Baua Electric

APRIL 25, 2024

The latest team within it is one of around 30 software engineers , formed only 9 or 10 months ago, in preparation for major softwarisation or the SDV (Software-Defined Vehicle) trend, currently seen in passenger vehicles, entering the commercial vehicle industry too.

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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. Besides reducing imports, the industry also looks to make India an export hub for advanced auto components. lakh crore in FY22.

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Baua Electric

MARCH 27, 2024

South Korean chipmaker SK Hynix , an Nvidia supplier , is planning to invest roughly USD 4 billion to build an advanced chip packaging facility in West Lafayette, Indiana, the Wall Street Journal reported on Tuesday. The facility is expected to add 800 to 1,000 new jobs, according to the report.

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Baua Electric

APRIL 24, 2024

Sokudo Electric , an Indian manufacturer of electric two-wheelers (E2Ws), is building an in-house advanced motor and controller plant spread over 20,000 sq.ft Sokudo Electric has been focused on R&D advancements and has invested significantly in product enhancements. in Greater Noida investing INR 10 crore.

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Baua Electric

JUNE 5, 2024

“Similar to our success in electric-two wheeler segment, we are building a strong portfolio for electric four wheeler vertical,” Uno Minda Group CMD Nirmal K Minda stated. Auto components maker Uno Minda on Wednesday said it has tied up with China’s Suzhou lnovance Automotive Co for production of electric vehicle components.

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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. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Tata Technologies to invest USD 1.8

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Baua Electric

MAY 28, 2024

Dinesh, who watched a mother grieving from the accidental deaths of her children, started building drones for improving healthcare facilities in rural India, according to the company’s website. These vertical take-off and landing drones have a range up to 150 km, with a payload of up to seven kg.

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Baua Electric

MAY 19, 2024

Indonesia’s govt has been trying for years to lure Tesla to build mfg plants related toEVs as the govt wants to develop its EV sector using the country’s rich nickel resources. “We made an offer, is it possible to build an EV battery plant here, precursor cathode. And he will consider it,” Luhut told reporters.

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Baua Electric

JUNE 12, 2024

This free-to-attend conference is broadcast June 10 – 12, 2024, and features live presentations, interactive Q&As, on-demand webinars, and whitepaper downloads. Track 2: Design & Manufacturing of Charging Systems Content for engineers who are building, testing, and manufacturing charging systems. Join us here.

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Baua Electric

JUNE 6, 2024

The automotive sector topped Morocco’s industrial exports at USD 14 billion in 2023, up 27% on the previous year. China’s Gotion High Tech will build Morocco’s first EV battery gigafactory for a total cost of 12.8 markets and its existing automotive industry make it attractive to Chinese EV battery makers.

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Baua Electric

JANUARY 17, 2024

OneD Battery Sciences and Koch Modular said on Wednesday they have teamed up to build a factory in North America to produce enough silicon-graphite anode material to supply batteries for around 1 million EVs annually. Pluvinage said OneD is “already in negotiations” with customers to build a similar plant in Europe.

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Baua Electric

APRIL 21, 2024

It aims to work on emission norms, especially on the latest EU Standards, and on knowledge-sharing to create innovative solutions for the industry in the future. The institure imparts and undertakes cutting-edge research in various areas of science, engineering, design, management, and humanities.

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Baua Electric

MARCH 10, 2024

The company has garnered support from distinguished figures in the automotive industry, including G. Updated On Mar 11, 2024 at 08:22 AM IST --> Published On Mar 11, 2024 at 08:22 AM IST 2 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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Baua Electric

JUNE 10, 2024

The United Auto Workers union said on Monday it reached a tentative contract agreement with Ultium Cells in Lordstown, Ohio, where workers build electric vehicle batteries for General Motors. After a six-week strike last fall, the automotive union forged new labor deals with the Detroit automakers: GM, Ford Motor and Jeep-maker Stellantis.

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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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Baua Electric

MAY 17, 2024

Track 2: Design & Manufacturing of Charging Systems Content for engineers who are building, testing, and manufacturing charging systems. The free-to-attend conference will be broadcast June 10 – 12, 2024, featuring live presentations, interactive Q&As, on-demand webinars, and whitepaper downloads.

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Baua Electric

JANUARY 22, 2024

billion) CALB project would include the construction of five buildings and create around 1,800 direct jobs, Portuguese media said. Chinese manufacturer CALB is planning on building a lithium-ion battery factory in Portugal, the APA Portuguese environment agency said on Monday. The two billion-euro (USD 2.2 The two billion-euro (USD 2.2

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Baua Electric

FEBRUARY 6, 2024

In India, companies like L&T have taken an early lead in building foundational digital literacy by launching Coursera’s GenAI Academy for their entire workforce. Industry micro-credentials rapidly prepare Indians with in-demand digital skills.

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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

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. As per industry estimates, about 4.1

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Baua Electric

JUNE 5, 2024

A strong after-sales service network builds trust among existing and potential consumers. By collaborating with the association, we are not just expanding our after-sales support system but also investing to build the future of e-mobility in India.” However, the shortage of quality after-sales service touchpoints has been a hindrance.

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Baua Electric

APRIL 7, 2024

“All EV players & startups instead of creating tech silos must work together to build an interoperable fast-charging network. New Delhi: The G20 sherpa and former NITI Aayog CEO, Amitabh Kant has said that India needs at least one million fast chargers to adopt electric vehicles (EVs) by 2030.

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Baua Electric

MAY 1, 2024

Weakness has also evaded AMD’s embedded segment, which caters to markets such as automotive and industrial. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips. The company forecast revenue of about USD 5.70

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Baua Electric

APRIL 30, 2023

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Crude steel production in China also increased 6 per cent to 261.6 million tonne, according to Nikkei Asia.

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Baua Electric

MAY 21, 2024

Kusumi’s remarks may suggest Panasonic will not build a third battery plant in North America with its energy unit any time soon. State of Nevada and is building a second one in Kansas, as part of a push to expand annual battery capacity to 200 gigawatt hours by March 2031. Panasonic Energy has a battery factory in the U.S.

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Baua Electric

APRIL 15, 2024

The rise in SUV sales highlights the evolving trend in India’s car market, with consumers increasingly gravitating towards vehicles that offer both comfort and style, along with higher ground clearance and heavy vehicle build.

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Baua Electric

MAY 3, 2024

Explaining the rationale behind the composite agreement, Raymond said the move will “consolidate engineering business of Raymond and MPPL to build scale and profitable growth with foray into sunrise sector such as aerospace, defence and electric vehicle component space and segregation of aerospace and defence business.”

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Baua Electric

MAY 22, 2024

A newly-established Portuguese company backed by a wealthy business conglomerate is hoping to build two lithium refineries in the Iberian Peninsula by 2030, its chief executive said on Tuesday. Lifthium estimates the projects would together cost around 1 billion euros (USD 1.1 “We also have to respond to these challenges.”

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Baua Electric

JUNE 4, 2024

EV market demand has shifted toward so-called LFP batteries, which are less powerful but also less expensive and longer lasting than NMC batteries, and increasingly found on cars made by industry leaders Tesla and China’s BYD. billion) in financing to build out its capacity, for a total of 13 production lines.

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Baua Electric

MARCH 14, 2024

SAIC is currently evaluating whether to build a factory in Europe. The new European site will be operated by a partner near Lens, in Hauts-de-France, near the Belgian border. As well as finding ways to reach new customers, MG needs to focus on building out a car servicing network to strengthen loyalty, the MG spokesperson said.

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Baua Electric

MARCH 27, 2024

It added that government subsidies will also be used to augment the venture, which will serve sectors such as automotive, power, electronics, and industrial markets. It added that government subsidies will also be used to augment the venture, which will serve sectors such as automotive, power, electronics, and industrial markets.

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Baua Electric

APRIL 23, 2024

New Delhi: RCRS Innovations Limited, India’s leading manufacturer of Lithium-Ion batteries, has filed a Draft Red Herring Prospectus with NSE Emerge for its Initial Public Offering, which includes a fresh issuance of 48.24 lakh equity shares valued at INR 10 each through the book-building process.

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Baua Electric

APRIL 28, 2024

With the mapping service license, Tesla will be permitted to legally operate its FSD software on Chinese roads and its fleets can gather data about the vehicle’s surroundings, such as road layouts, traffic signs, and nearby buildings. It is not immediately clear whether the collected data will belong to Tesla or Baidu.

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