Baua Electric

MAY 1, 2024

Indian battery-maker Exide Industries beat fourth-quarter profit expectations on Tuesday, helped by higher demand in its automotive and industrial products segments. Earlier this month, South Korea’s Hyundai Motor and Kia Corp partnered with Exide Industries ‘ unit Exide Energy Solutions to supply batteries for their EVs.

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Baua Electric

MARCH 28, 2024

The new industry-first vehicle software platform, called ‘S32 CoreRide’, simplifies complex vehicle architecture development and cuts costs for automakers and tier-1 suppliers.

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Baua Electric

APRIL 11, 2024

The collaboration will also see both organisations leveraging their events and initiatives to enable companies to meet, form new partnerships and advance the emerging Indian manufacturing and design ecosystem. SEMI represents over 3,000 member companies in the semiconductor design and manufacturing supply chain.

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Baua Electric

APRIL 22, 2024

Ola Electric Mobility has been playing an instrumental role in driving EV adoption and penetration in India, the company said in a media release. Under this agreement, Pavna Industries commits to providing high-quality ignition switches and latches to Ola Electric across its manufacturing plants in India.

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Baua Electric

MAY 22, 2024

A newly-established Portuguese company backed by a wealthy business conglomerate is hoping to build two lithium refineries in the Iberian Peninsula by 2030, its chief executive said on Tuesday. Lifthium estimates the projects would together cost around 1 billion euros (USD 1.1 “We also have to respond to these challenges.”

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Baua Electric

APRIL 29, 2024

Ride-hailing major Ola Cabs ’ chief executive Hemant Bakshi is leaving the firm just three months after he joined the company, people in the know told ET. Ola Cabs founder Bhavish Agarwal continues to be the chairman and managing director.

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Baua Electric

MAY 5, 2024

The startup, supported by IITM Pravartak Technologies Foundation and incubated in the IIT-Madras Incubation Cell, said the chip has had a successful MPW tape-out (the silicon industry term for prototyping) at the 28nm node, and that reference boards will be available for original equipment manufacturers to try out it in the coming weeks.

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Baua Electric

APRIL 4, 2024

The Vancouver-based company, whose main business is a hard rock lithium project at Brazil’s Grota do Cirilo , started scouting for potential buyers about a year ago. Cabral-Gardner said Bank of America was still leading a strategic review of the company, but she declined to give details. Sigma has denied the allegations.

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Baua Electric

MARCH 26, 2024

Germany is and will remain a strong industrial location, Chancellor Olaf Scholz said on Monday as he formally opened construction at Northvolt’s battery cell factory in Heide, in the northern state of Schleswig-Holstein. The company said this was a crucial point in determining the location.

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Baua Electric

MARCH 6, 2024

“With this investment, the total investment made by the company in EESL stands at INR 1,965 crore. There is no change in the shareholding percentage of the company in EESL pursuant to such an acquisition,” it added. “With this investment, the total investment made by the company in EESL stands at INR 1,965 crore.

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Baua Electric

MARCH 27, 2024

It added that government subsidies will also be used to augment the venture, which will serve sectors such as automotive, power, electronics, and industrial markets. RRP Electronics , a company backed by former cricketer Sachin Tendulkar , on Tuesday announced an investment of INR 5,000 crore for a semiconductor facility in Maharashtra.

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Baua Electric

MARCH 1, 2024

The Union Cabinet’s nod to three upcoming semiconductor manufacturing units is a step towards self-sufficiency and makes the country’s dream of becoming a global chip making destination achievable, according to industry players.

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Baua Electric

FEBRUARY 2, 2024

For Continental last year was “exciting” and the company performed globally well. New Delhi: Continental Tire, the tyre manufacturing arm of the Continental Group, has estimated the tyre industry in India might double by 2030. They provide the guarantee up to three years which the company claims no other manufacturer provides. “I

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Baua Electric

MAY 10, 2024

Motional is a joint venture between Hyundai Motor Group and auto parts supplier Aptiv. Autonomous vehicle technology company Motional has sacked around 550 employees, or about 40% of its workforce, in the US, reports said on Saturday. Motional is a joint venture between Hyundai Motor Group and auto parts supplier Aptiv.

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Baua Electric

JUNE 14, 2024

Shanghai is allowing 10 Tesla vehicles to carry out tests of the company’s most advanced autonomous driving software to pave way for its rollout in China, local-government-backed The Shanghai Observer said on Friday. Tesla has also signed a contract with Shanghai Lingang to achieve local commercialisation, it added.

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Baua Electric

MARCH 6, 2024

Hanif Qureshi, Additional Secretary, Union Ministry of Heavy Industries, Vinod Aggarwal, Jury Chairman of the ACMA Excellence Awards, President of SIAM, and Managing Director & CEO of VECV; and Professor Paramjit S. Senthil Kumar, Vice President-Central Purchase at TVS Motor Company; R Sundar, Asst.

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The Truth About Cars

JUNE 12, 2024

With corporate media finally aware of the perils of connected vehicles, we’ve seen a rash of articles exploring how insurance rates have spiked due to automakers sharing user data. The insurance industry is obsessive about analyzing risk. However, buying data is a losing proposition if you cannot turn it into profit.

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Baua Electric

FEBRUARY 5, 2024

a global leading lithium battery company based in China. EVE Energy is one of the lithium battery companies in the industry that possesses core technologies and comprehensive solutions.

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Baua Electric

FEBRUARY 6, 2024

The company anticipates not only solidifying its presence in North America but also continuing its tradition of delivering high-quality automotive components that drive innovation and performance, the company said. million (INR 109.2 million (INR 109.2

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Baua Electric

APRIL 27, 2024

Renault already partners with China’s Geely in thermal and hybrid powertrains, and collaborates with tech companies Google and Qualcomm in smart cockpits. Renault already partners with China’s Geely in thermal and hybrid powertrains, and collaborates with tech companies Google and Qualcomm in smart cockpits.

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Baua Electric

MARCH 8, 2024

Nasscom’s blog post followed a letter from the Internet and Mobile Association of India (IAMAI) on Feb 15 which had requested an industry-wide consultation on the new taxi fares. Nasscom is Indian IT industry’s apex body.

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Baua Electric

JUNE 13, 2024

Birender Siwach, Director & Head of Purchasing and Supplier Quality at Continental Automotive India Birender Siwach , Director & Head of Purchasing and Supplier Quality at Continental Automotive India told ETAuto about his resignation from the company. I’ve been working for nearly three decades, and I wanted to take a break.

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Baua Electric

JANUARY 18, 2024

Tata Technologies, which provides engineering services to auto, aero and heavy machinery makers, will set up skilling centres in 50 government-run industry training organisations. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Tata Technologies to invest USD 1.8

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Baua Electric

JUNE 11, 2024

With the new introductions, Volkswagen has 18 service and 22 sales outlets in the state, making the brand more accessible to customers, the company said. Volkswagen is now represented across 158 cities with 145 service and 213 sales and pre-owned car touch points, the company said.

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Baua Electric

JUNE 11, 2024

New Delhi: Skoda Auto India has implemented one more enhancement in its 5-star safe fleet — the introduction of the Kushaq Onyx AT at INR 13.49 Petr Janeba , Brand Director, Skoda Auto India, said, “The Onyx variant has been a key addition in our line-up combining the value of the Active trim with features from the higher variants.

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Baua Electric

JUNE 16, 2024

Kumaraswamy – whose JDS is a BJP ally – reassured stakeholders that the Centre remained committed to creating a favourable environment for domestic companies while also bolstering the local semiconductor industry. “Semiconductor is an important industry. Both these sectors generate substantial employment.

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Baua Electric

MAY 26, 2024

New Delhi: Hyundai Mobis , South Korea’s leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year. Yun also noted that while the demand for EVs in the global market has slowed temporarily, the industry will eventually move toward eco-friendly cars.

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Baua Electric

FEBRUARY 6, 2024

Arrival is the latest casualty in the high-profile EV industry, where rising interest rates, stubborn inflation and high costs involved in production ramp have hit the cash reserves of most startups. The company, which has no revenue, raised going-concern doubts in November 2022 and has shed most of its workforce since then.

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Baua Electric

JUNE 7, 2024

Toyota Kirloskar Motor is expanding its used car business to key cities , with the recent opening of its first company-owned Toyota Used Car Outlet (TUCO) in New Delhi , branded as Toyota U-Trust. The move comes as the Indian used car market is projected to grow at a CAGR of 8%, currently surpassing the size of the new car market by 1.3

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Baua Electric

JUNE 10, 2024

The United Auto Workers union said on Monday it reached a tentative contract agreement with Ultium Cells in Lordstown, Ohio, where workers build electric vehicle batteries for General Motors. last year and was raised to USD 20 by the company in August. Ultium Cells is a joint venture between GM and LG Energy Solution.

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Baua Electric

JUNE 5, 2024

Auto components maker Uno Minda on Wednesday said it has tied up with China’s Suzhou lnovance Automotive Co for production of electric vehicle components. The company aims to further strengthen the partnership by transitioning it into a joint venture , subject to necessary approvals, it added.

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Baua Electric

MAY 13, 2024

Despite being traditionally perceived as secure, the industry faced a notable surge in cyberattacks in 2023. Legacy systems and software, lack of standardization, and varying nomenclature across companies further exacerbate the cybersecurity challenges in the automotive supply chain.

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CN EV Post

APRIL 17, 2023

While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)

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Baua Electric

JANUARY 19, 2024

The first made-in-India chip will be out by December, Union Minister Ashwini Vaishnaw said here, crediting Prime Minister Narendra Modi for developing a very strong semiconductor industry in the country in a short span of time with focus on the entire ecosystem.

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Baua Electric

MAY 15, 2024

The Indian mines ministry is also encouraging other state-owned companies, such as ONGC Videsh , to scout for critical minerals overseas, Rao told reporters at the sidelines of an industry conference in New Delhi. State-run miners Coal India and NMDC are exploring lithium mines in Chile and Australia , Secretary of Mines V.L.

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Baua Electric

MAY 16, 2024

Revenue from the company’s vehicle sales division rose 3.5% The Dallas-based company, which primarily provides services to sell damaged and total-loss vehicles to used-car dealers and dismantlers, has benefited from robust volumes of salvage vehicles. Revenue from the company’s vehicle sales division rose 3.5%

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Baua Electric

JUNE 4, 2024

The tests of so-called level three autonomous driving technologies will be carried out by automakers including BYD and Nio, as well as major state-owned manufacturers such as Changan Automobile, GAC and SAIC, according to a statement published by the industry ministry on Tuesday.

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