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Car parts maker Valeo posts lower first-quarter sales on weak EV demand – ET Auto

Baua Electric

Car parts makers face slowing auto production, leaving suppliers with excess capacity, and are striving to reduce costs, including laying off workers, as Chinese EV makers expand in Europe. We expect that what we were able to get in 2022 and 2023, we will be able to get again in 2024.”

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Rivian R1T charging status light bar spotted in the wild

Teslarati

Rivian’s status charging light bar was seen in action while an R1T pickup truck was charging in an Electrify America station in Glendale, CA. A clear picture of Rivian’s status charging light bar was shared on the Rivian forums. The app will be available for download in early September before R1T deliveries begin.

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Frank Huber to join Marelli as EVP and President of Automotive Lighting & Sensing – ET Auto

Baua Electric

Frank has more than 20 years of experience in the automotive industry and knows the automotive lighting business inside out. Frank Huber will join Marelli as Executive Vice President and President Automotive Lighting and Sensing effective March 1, 2024, and will be based in Reutlingen, Germany. and Mexico.

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Rane (Madras) opens new facility in Aguascalientes, Mexico, for steering parts – ET Auto

Baua Electric

This new state-of-the-art facility will help us to address the demand for steering and suspension components in the North American region and position us to capitalise on the emerging trend of localization of parts by the customers in this region driven by USMCA (United States-Mexico-Canada Agreement).

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Tesla FSD Beta 10.69.2 gets green light for all testers with v10.12.2

Teslarati

Around 100,000 drivers are part of the FSD Beta program. Although, Beta tester Howard did acknowledge that phantom braking occurred “a little less” after downloading 10.69.1.1. gets green light for all testers with v10.12.2 Tesla started rolling out 10.69.2 to some testers Sunday night. Musk noted that v.10.69.2

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Luminar says Tesla is biggest customer for its lidar sensors – ET Auto

Baua Electric

Lidar, which stands for light detection and ranging, shoots out light pulses that are reflected off objects, allowing self-driving systems and driver-assistance software to gain a three-dimensional map of the road. Many self-driving companies and experts regard it as a crucial component, especially during low-light situations.

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Brakes India and ADVICS plan JV for advanced braking systems production in India – ET Auto

Baua Electric

Based out of the southern part of India, the company will be set up with an investment of over INR 500 crores employing more than 300 people over the next few years. Based out of the southern part of India, the company will be set up with an investment of over INR 500 crores employing more than 300 people over the next few years.

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