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NXP Semiconductors unveils industry-first platform for software-defined vehicles – ET Auto

Baua Electric

New Delhi: NXP Semiconductors on Thursday said it has broken through the integration barriers for next-generation software-defined vehicle (SDV) development with the introduction of a new platform.

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Exide Industries Q4 Results: Firm beats profit view on higher demand – ET Auto

Baua Electric

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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Pavna Industries inks deal with Ola Electric to supply ignition switches, latches for EVs – ET Auto

Baua Electric

Ola Electric Mobility has been playing an instrumental role in driving EV adoption and penetration in India, the company said in a media release. Under this agreement, Pavna Industries commits to providing high-quality ignition switches and latches to Ola Electric across its manufacturing plants in India.

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Semiconductor company Mindgrove launches India’s first commercial MCU chip – ET Auto

Baua Electric

The startup, supported by IITM Pravartak Technologies Foundation and incubated in the IIT-Madras Incubation Cell, said the chip has had a successful MPW tape-out (the silicon industry term for prototyping) at the 28nm node, and that reference boards will be available for original equipment manufacturers to try out it in the coming weeks.

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Self-driving tech company Motional sacks nearly 550 employees in US – ET Auto

Baua Electric

Autonomous vehicle technology company Motional has sacked around 550 employees, or about 40% of its workforce, in the US, reports said on Saturday. Motional is a joint venture between Hyundai Motor Group and auto parts supplier Aptiv. ” Every team at Motional has been affected, including the chief operating officer, Abe Ghabra.

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Tesla must face vehicle owners’ lawsuit over self-driving claims – ET Auto

Baua Electric

The lawsuit seeks unspecified damages for people who since 2016 bought or leased Tesla vehicles with Autopilot, Enhanced Autopilot and Full Self-Driving features. Lawyers for Tesla vehicle owners did not immediately respond to similar requests. ” The judge dismissed some other claims.

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Sigma Lithium CEO won’t sell the company at current lithium prices – ET Auto

Baua Electric

The Vancouver-based company, whose main business is a hard rock lithium project at Brazil’s Grota do Cirilo , started scouting for potential buyers about a year ago. Cabral-Gardner said Bank of America was still leading a strategic review of the company, but she declined to give details. Sigma has denied the allegations.

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