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Panasonic’s battery unit misses annual profit estimate – ET Auto

Baua Electric

The operating profit is expected to rise 23% in the current business year to reach 109 billion yen, the company said, adding that it expected demand to expand as more car models in affordable price ranges become available. Panasonic Energy has sought to expand its footprint in the North American market.

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Elektrobit optimizes performance of auto communication networks – ET Auto

Baua Electric

Available today on Infineon’s AURIX TC4x , the new software simplifies configuration of complex networking gateway use cases, reducing time, integration efforts and costs for OEMs and Tier 1 suppliers. The first AURIX TC4x engineering samples have already been shipped to lead customers for their design-in activities.

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OneD, Koch Modular partner to scale up silicon-graphite EV anode materials – ET Auto

Baua Electric

The company says the process also saves money for automakers seeking affordable EV models. “But due to the desire… for the Western world to own the technology, our silane production system is available once more.” Nanowires are ultra-thin wires. General Motors is a OneD investor and customer.

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Servotech Power Systems sets up facility to produce EV charger components – ET Auto

Baua Electric

By establishing a robust domestic supply chain, we contribute to the overall growth of the EV ecosystem, making charging solutions more affordable and accessible to a wider public.” Arun Handa, Chief Technical Officer, Servotech Power Systems Ltd.

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German transportation major FlixBus enters India – ET Auto

Baua Electric

With FlixBus making its debut in the country, several comfortable, safe, and reliable travel choices are now available for passengers in New Delhi, Himachal, J&K, Punjab, Rajasthan, and UP, the company said. Our mission is perfectly fitting what India strives for – sustainable, safe and affordable travel options for all.

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Renault India joins with Bajaj Finance to offer financing solutions to its customers – ET Auto

Baua Electric

Renault India and Bajaj Finance are confident that this collaboration will strengthen their position in the market and reaffirm their shared mission of providing outstanding auto financing solutions to customers. This will pave the way for affordable and accessible personal mobility solutions, catering to a diverse and valued customer base.

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Hyundai announces Evolve+ EV subscription program

Green Car Congress

Hyundai Motor America, in partnership with Hyundai Capital America, announced its new Evolve+ electric vehicle subscription service at the 2023 Chicago Auto Show. This new service provides flexibility and affordability to the consumer who wants to drive Hyundai’s newest electric vehicles without committing to a purchase or longer-term lease.

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