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India at risk of becoming dumping ground for Chinese products amid US tariff hike – ET Auto

Baua Electric

India may become a dumping ground for Chinese products such as Electric Vehicles ( EVs ), batteries and other new technology items with the US raising tariffs on these imports from Beijing, economic think tank Global Trade Research Initiative ( GTRI ) said Tuesday. billion two-way trade, GTRI has said in its earlier report.

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Starlink broke top 100 most downloaded iPhone apps on Wednesday

Teslarati

On Wednesday, the Starlink app was the 54th most downloaded iPhone app for users in the U.S. The Starlink app, which is free to download, helps customers set up and use the hardware to receive internet service. million times globally since January 2021. It’s well on its way according to SensorTower, an app-tracking firm.

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ACMA‘s Global Summit and Expo places India at the forefront of EV parts production, innovation – ET Auto

Baua Electric

“The Global Summit & Expo’s success underscores electric vehicles’ transformative potential and manufacturing opportunities in India,” Shradha Suri Marwah, President, ACMA, and Managing Director, Subros Ltd.

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GFCL EV Products to invest INR 6k cr in next 4-5 yrs to ramp up production – ET Auto

Baua Electric

The global opportunity for the EV battery chain is estimated to reach USD 300 billion by 2030. Gujarat Fluorochemicals arm GFCL EV Products on Wednesday announced an investment of INR 6,000 crore for increasing production capacity of electric vehicle battery materials in the next 4-5 years.

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Starlink exits its beta phase, but its production is affected by the global chip shortage

Teslarati

. “Silicon shortages have delayed production which has impacted our ability to fulfill orders. The ongoing chip shortage has adversely affected numerous industries worldwide, so it is not surprising that SpaceX’s production of its Starlink kits is seeing some delays as well.

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Self-driving sensor maker Luminar falls as production delay at Volvo hits earnings – ET Auto

Baua Electric

Luminar Technologies shares tumbled about 10% on Wednesday after the self-driving sensor maker’s fourth-quarter results missed estimates on delayed production schedule for Volvo Cars’ new EX90 electric SUVs. “The EX90 production delay is likely to last until mid-2024. Luminar’s shares were down 10.4%

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ACMA Automechanika 2024 concludes on a high note; global aftermarket presents USD 35 bn exports opportunity: ACMA-EY Study – ET Auto

Baua Electric

The Global Automotive Aftermarket Research, prepared by ACMA in collaboration with Ernst & Young was released during the event. The Global Automotive Aftermarket Research, prepared by ACMA in collaboration with Ernst & Young was released during the event.

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