Australian company Recharge Industries acquires Britishvolt
Electric Cars Report
FEBRUARY 27, 2023
Australian company Recharge Industries has been successful in its bid for ownership of insolvent battery startup Britishvolt.
Companies Industrial Industry News 
Rivian R1EVS to join fleets in the mining industry
Teslarati
APRIL 22, 2024
Rivian’s R1 vehicles will join fleets in the mining industry. Rivian recently entered an exclusive global partnership with MEVCO (Mining Electric Vehicle Company), which provides sustainable and efficient electric vehicles (EVs) in the mining industry.
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Tesla maintenance and repair costs are lowest in the auto industry: data
Teslarati
APRIL 22, 2024
Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.
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The $10,000 BYD Seagull EV is scaring the U.S. auto industry
Teslarati
MARCH 24, 2024
market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. at this point, the company has been beginning to deliver its EVs in several markets throughout Europe and Asia. auto industry appeared first on TESLARATI.
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Panasonic seeks to expand business in the auto industry
Teslarati
JANUARY 8, 2024
Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. The Japanese company’s automotive department—Panasonic Automotive Systems—aims to expand past battery cells for electric vehicles. It plans to delve into products that could prove lucrative.
TSMC sees annual sales growth to reach 10% in semiconductor industry – ET Auto
Baua Electric
MAY 23, 2024
Taiwanese contract chipmaker TSMC , a major supplier to Apple and Nvidia , on Thursday forecast an annual revenue growth of 10% in the global semiconductor industry , excluding memory chips.
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BYD executive dubs Tesla a “very respected industry peer” amid EV transition
Teslarati
JANUARY 31, 2024
This was despite BYD overtaking Tesla as the world’s largest electric car company in late 2023. BYD sells new energy vehicles, which comprise both battery electric cars and plug-in hybrids. Li also clarified that Tesla is also an important client of BYD. “Tesla is our very respected industry peer.
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Italy exploring partnership with Tesla, Chinese carmakers to bolster domestic auto industry: report
Teslarati
FEBRUARY 28, 2024
The negotiations were mentioned by Industry Minister Adolfo Urso on Wednesday. Representatives from these companies reportedly paid a visit to Italy in 2023 to evaluate potential opportunities for investment. He also acknowledged the crucial role a new partner would play in bolstering the Italian auto industry.
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Using Industrial Automation to Monitor Vertical Farms
Cars That Think
OCTOBER 12, 2023
To find out about the latest technologies being used by the agricultural industry, I virtually attended the second annual AgTech Innovation Summit , held in February in Abu Dhabi, United Arab Emirates. The event was hosted by AeroFarms , an indoor vertical farm company based in Newark, N.J, that has an R&D facility.
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Mahle finalises sale of thermostat business to industrial firm Admetos | Autocar Professional
Baua Electric
MAY 15, 2024
German Tier-1 giant Mahle, which specialises in powertrain, mechatronics, and electronics components among others, has finalised the sale of its automotive thermal management – thermostat business – to a German industrial and investment holding firm Admetos.
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Sany Heavy Industry India Pvt Ltd expands presence in Odisha | Autocar Professional
Baua Electric
APRIL 26, 2024
Sany Heavy Industry India Pvt Ltd, a leading global provider of construction machinery and equipment, on Friday announced opening of HO, M/s Raghunath Machinary. The establishment of this state-of-the-art facility underscored Sany Heavy Industry’s commitment to its customers in South Odisha and Western Odisha regions.
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China issues draft guidelines to rein in lithium battery industry – ET Auto
Baua Electric
MAY 9, 2024
China has released draft guidelines aimed at reining in the country’s lithium battery industry , which has been in Western crosshairs over fears subsidised overproduction could flood global markets with cut-price exports.
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Tesla Giga Berlin becomes largest industrial employer in the capital region
Teslarati
JULY 7, 2022
Tesla Giga Berlin has become the largest industrial employer in Germany’s capital region. The salary increase, however, does not apply to the company’s executives. Tesla Giga is now the largest industrial employer in the capital region. Steinbach noted that when a company raises its pay, it is generally welcomed. .
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Chalmers University of Technology’s quantum computer becomes available to industry
Innovation News Network
JANUARY 23, 2023
A cutting-edge quantum computer is to become accessible for researchers and companies in Sweden thanks to sizeable funding. The post Chalmers University of Technology’s quantum computer becomes available to industry appeared first on Innovation News Network.
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Despite Elon Musk’s foolishness, auto industry shouldn’t give up on NACS
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.
Industry veterans weigh in on Tesla advertising strategies and their potential
Teslarati
MAY 17, 2023
As per recent comments from several industry veterans, Tesla’s advertising strategies moving forward — especially at this stage in the EV transition — could hold significant potential for the automaker. His ability to use the media to amplify his brand and his company’s brands is an art form,” Jacobson said.
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Exide Industries Q4 Results: Firm beats profit view on higher demand – ET Auto
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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Stellantis strengthens ties with China’s auto industry
Teslarati
NOVEMBER 23, 2023
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. billion in Leapmotor , acquiring 20% of the Chinese company and becoming a significant shareholder.
Tesla defies industry trends and sees increases in brand loyalty
Teslarati
JULY 6, 2022
Despite the shortages of computer chips and other logistical issues that have compelled other automakers to reduce output dramatically, Tesla defied industry trends and showed a 4% rise in brand loyalty. Automotive News attended the event called “Baker’s Dozen: 13 Takeaways From Today’s New Vehicle Loyalty Landscape.”
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Tesla Mexico requesting environmental permits for industrial warehouse: report
Teslarati
AUGUST 11, 2023
The permits are expected to be related to the construction of an industrial warehouse in the municipality of Santa Catarina, Nuevo Leon. Gigafactory Mexico, which was formally confirmed by CEO Elon Musk during Tesla’s Investor Day event earlier this year, is tasked with the production of the company’s next-generation electric car.
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Top industry bodies IESA & SEMI partner to boost India’s semiconductor goals – ET Auto
Baua Electric
APRIL 11, 2024
The collaboration will also see both organisations leveraging their events and initiatives to enable companies to meet, form new partnerships and advance the emerging Indian manufacturing and design ecosystem. SEMI represents over 3,000 member companies in the semiconductor design and manufacturing supply chain.
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Royal Enfield eyes 2X growth of premium motorcycle industry in long term | Autocar Professional
Baua Electric
MAY 11, 2024
Amid growing competition from global players like Harley-Davidson and Triumph, Eicher Motors-owned Royal Enfield is looking to outpace the premium two-wheeler industry growth, with a target to grow at double the pace of the industry in the long term. We want to grow rapidly, we want to grow faster than the industry.
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Pavna Industries inks deal with Ola Electric to supply ignition switches, latches for EVs – ET Auto
Baua Electric
APRIL 22, 2024
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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Hyundai signs MOU with South Korean government and industry partners to demo EV battery leasing business
Green Car Congress
FEBRUARY 25, 2021
Hyundai Motor Company recently signed a memorandum of understanding (MOU) to work with the South Korean government as well as logistics, battery and mobility companies to demonstrate the electric vehicle (EV) battery leasing business. The shared EV battery data will also allow other new business opportunities to be explored.
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Tesla Energy tops list of best energy storage companies
Teslarati
MAY 9, 2024
Despite this, as well as delays in some anticipated products like the Solar Roof, Tesla Energy was recently recognized as the market’s top energy storage company today. As noted by energy magazine Energy Digital , its top 10 list of battery storage companies represent the powerhouses that are revolutionizing the industry.
Planet Electric claims industry-first weight sensor telematics system, gears up for June EV launch | Autocar Professional
Baua Electric
MAY 14, 2024
The company, spearheaded by two ex-ISRO (Indian Space Research Organisation) engineers, will have weight sensors integrated into the vehicle’s telematics system. By offering real-time data on cargo weight and its influence on the range, the company aims to optimise loading capacity and plan routes more effectively.
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Rivian barely beats earnings expectations, bucking industry trend
Teslarati
MAY 9, 2023
Rivian has reported its first-quarter earnings, showing the company has slightly beat its earnings expectations, bucking the industry trend. Now, Rivian has reported its Q1 earnings as well, showing that the company barely missed investor expectations. If you have news tips, email us at tips@teslarati.com !
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Fast evolving auto industry needs befitting HR solutions | Autocar Professional
Baua Electric
MARCH 24, 2024
And the automobile industry in India is a significant contributor to the country’s economy. Companies can implement an incentive and variable pay concept to manage compensation. Training helps To solve the issue of skill shortages, companies are investing in training and upskilling programmes.
ACHEMA and the Indo-German Chamber of Commerce Announce a Session on Navigating Industrial Growth and Sustainable Development in Process Industries
Baua Electric
JANUARY 20, 2024
It will focus on the Pharma and Chemical industries in India, sharing insights on India’s pathways for industrial growth and sustainable development in process industries, and the transformative journey that the country is currently undertaking. For further information, check here.
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NXP Semiconductors unveils industry-first platform for software-defined vehicles – ET Auto
Baua Electric
MARCH 28, 2024
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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Shanghai predicts autonomous cars will be a $72B industry by 2025
Teslarati
SEPTEMBER 7, 2022
Shanghai predicts that autonomous vehicles will be a $72 billion industry by 2025 and has a plan to make that prediction come true, the South China Morning Post reported. The city plans to increase its policy support for the development of autonomous driving by providing companies with government guidance funds.
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SKF appoints Mukund Vasudevan as MD- India and President for Industrial Region, India and SE Asia | Autocar Professional
Baua Electric
APRIL 8, 2024
SKF has appointed Mukund Vasudevan as MD- India and President for Industrial Region, India and South East Asia, effective today. He succeeds Fredrik Hallen, the Acting President for Industrial Region ISEA. In his previous role, he served as Managing Director – Enterprise at Moglix.
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Used Tesla vehicles crush industry average depreciation despite price cuts
Teslarati
APRIL 26, 2023
However, according to a new report, that appears not to be the case. Moreover, Recurrent Auto , the company that published the report, has more good news for current and will-be Tesla owners. Outside of Tesla, Recurrent had more good news for will be EV-buyers. If you have news tips, email us at tips@teslarati.com !
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Scholz hails Northvolt factory as sign of Germany’s industrial appeal – ET Auto
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. The company said this was a crucial point in determining the location.
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SEA Electric & Mevco to convert 8,500 Toyota off-road vehicles for mining industry
Electric Cars Report
JANUARY 18, 2023
Australian company SEA Electric has partnered with MEVCO, a systems integrator specialising in light-duty electric utility vehicles for the mining industry, have partnered to convert Toyota off-road vehicles to electric drives for mining operations.
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The DOJ Thinks Apple CarPlay is Bad for Consumers and the Industry
The Truth About Cars
MARCH 22, 2024
Automakers have a choice about how immersive they let Apple make the experience, so it’s not like the company is holding OEMs hostage to cover every screen inside a vehicle. Companies like Rivian and Tesla don’t offer Apple tech, but General Motors recently stopped including smartphone mirroring in its new electric vehicles.
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Tesla’s future capabilities in autonomy, chip building are best in industry: expert
Teslarati
DECEMBER 28, 2021
Tesla’s leadership status as king of the electric vehicle sector has been established through several years of innovation and the company’s ability to influence an entire industry. Finance to discuss what is priming companies for the future, along with where they rank in terms of preparedness. Yu joined Ya hoo!
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Could SMIC become a global player in semiconductor industry
Baua Electric
DECEMBER 11, 2023
Semiconductor Manufacturing International Corporation (SMIC) has been making significant strides in the semiconductor industry and has aspirations to become a global player. However, the landscape of the semiconductor industry is complex and competitive, with several established players dominating the market.
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Transforming the battery and energy storage industries with innovative new technologies
Innovation News Network
APRIL 17, 2023
Ultimate Battery Company is working to overhaul the battery and energy storage markets with its innovative Duophasic technology. The post Transforming the battery and energy storage industries with innovative new technologies appeared first on Innovation News Network.
Tesla exploring industrial facility and mineral extraction possibilities in Ontario: report
Teslarati
MAY 2, 2023
Tesla appears to be seeking “opportunities for industrial facility, mineral extraction and processing project permitting reforms” in Ontario. ” The company also hired a former battery mineral advisor to the Ontario government as its new Critical Minerals & Supply Chain Policy Advisor in September.
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India set to become global semiconductor manufacturing destination: Industry – ET Auto
Baua Electric
MARCH 1, 2024
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.
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Elon Musk finally names Tesla’s main rival—and it’s way bigger than the auto industry
Teslarati
MAY 30, 2022
Since the days of the original Roadster, it appeared that Tesla was this company that was determined to make a change by forcing the automotive industry to go electric. Tesla did force the automotive industry to go electric. However, I also think that Tesla has the potential to be the most valuable company ever.
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Exide Industries further invests nearly INR 40 cr in advanced chemistry battery cells making arm – ET Auto
Baua Electric
MARCH 6, 2024
“With this investment, the total investment made by the company in EESL stands at INR 1,965 crore. There is no change in the shareholding percentage of the company in EESL pursuant to such an acquisition,” it added. “With this investment, the total investment made by the company in EESL stands at INR 1,965 crore.
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McLaren Applied reveals path to besting Tesla in the EV industry
Teslarati
MARCH 18, 2023
McLaren Applied has revealed how it aims to conquer the EV industry in the coming years. McLaren has consistently been on the bleeding edge of technology for its entire history as a company. Now, the company’s ex-technology wing has shared its plan to conquer the EV industry in an interview with Forbes.
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