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Hyundai, Kia join China’s Baidu to develop connected cars – ET Auto

Baua Electric

Seoul, South Korea’s top carmaker Hyundai Motor and its affiliate Kia said on Sunday that they have inked an agreement with China’s tech giant Baidu to develop technologies for connected cars. The agreement came amid the growing market for connected cars in China.

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Rising disposable income giving a thrust to connected cars in India – ET Auto

Baua Electric

Car variants that are connected feature-rich contribute as much as 45% of sales of a particular model, according to industry estimates. Connected cars are becoming the mainstream choice for many new car buyers in India fuelled by rising disposable incomes and an influx of new models. They are aware, tech-savvy and aspirational.

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Varroc appoints Dixit Roy Mahidhara as CEO of subsidiary, CarIQ Tech – ET Auto

Baua Electric

He brings a wealth of experience and expertise to this critical role and will help drive the future of connected vehicles at Varroc, the company said. Mahidhara said, “I am thrilled to join CarIQ at this pivotal stage of its evolution, backed by parent company Varroc, renowned tier I supplier in the Auto industry.

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BluSmart rides out of FY24 with INR 390-crore revenue in the boot – ET Auto

Baua Electric

On April 12, ONDC-backed Namma Yatri, which was focused on auto rickshaws, launched cab services in Bengaluru, where it will charge a daily subscription instead of a commission per ride, which is the model used by Ola and Uber. BluSmart, founded in 2019, is aiming to cross INR 800 crore in revenue in FY25, Goyal said.

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Huawei’s smart car tech offers automakers route to China sales – ET Auto

Baua Electric

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show.

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Former ARAI director Rashmi Urdhwareshe joins Sterling Tools Board as independent director – ET Auto

Baua Electric

Recognized for her outstanding contributions, she has received several awards, including the prestigious Nari Shakti Puraskar 2019, presented by the President of India. Additionally, Agarwal serves as a Director on the Board of Sheeva Connected India Private Limited, engaged in the space of vehicle commerce and monetization.

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Continental extends term of Nikolai Setzer as CEO, appoints new board member for automotive group sector – ET Auto

Baua Electric

In April 2019, Setzer switched to Continental’s Automotive group sector, where as spokesman of the Automotive Board he was responsible for maintaining a unified business strategy in this area. Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods.

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