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China’s Huawei launches new software for intelligent driving – ET Auto

Baua Electric

Huawei said in November that the unit would be spun off into a new company which will receive the unit’s core technologies and resources and take investment from partners such as automaker Changan Auto.

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Uber boosts safety features for passengers – ET Auto

Baua Electric

in 2019 and 2020, down from nearly 6,000 over the prior two years. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Uber boosts safety features for passengers – ET Auto appeared first on Bauaelectric Auto News.

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Schaeffler India re-appoints Harsha Kadam as MD, CEO – ET Auto

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Harsha Kadam German auto parts maker Schaeffler on Friday said its board has approved the re-appointment of Harsha Kadam as the Managing Director (MD) and CEO of its India arm for a period of three years, effective from October 1, 2024.

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Tesla could start selling Optimus robots by the end of next year, Musk says – ET Auto

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In 2019, he told investors that Tesla would be operating a network of “robotaxi” autonomous cars by 2020. Musk has a history of failing to fulfill bold promises to Wall Street. Tesla put out the first generation of its Optimus robot, dubbed Bumblebee, in September 2022.

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US opens probe into 250,712 Honda vehicles over braking issues – ET Auto

Baua Electric

The emergency brake issue affects the 2019-2022 models of the Honda Insight, a hybrid electric car, and the Honda Passport SUV. The NHTSA’s report states that the Office of Defects Investigation (ODI) received 46 complaints, which included reports of three crashes or fires and two injuries.

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Uno Minda allots 55,600 equity shares to employees under stock option scheme – ET Auto

Baua Electric

The allotment came following the exercise of options under the Uno Minda Employee Stock Option Scheme 2019. Uno Minda Limited, has recently announced the allotment of 55,600 equity shares to its employees. The Nomination & Remuneration Committee of the Board of the Company approved the allotment on March 13, 2024.

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

Baua Electric

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. There’s vast potential for platform players like us (CarIQ) to address significant challenges in the auto-tech sector.

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