Baua Electric

APRIL 18, 2024

New Delhi: SDLG , a member of the Volvo Group , that supplies sustainable solutions to construction, earthmoving, infrastructure and mining projects, Wednesday inaugurated its manufacturing facility for wheel loaders , in Peenya, near Bengaluru.

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Baua Electric

MARCH 18, 2024

Ganesh has decided to retire as Chairman from the operating entities of Rane Group , effective March 31, 2024. Ganesh became Chairman of Rane Group in November 2006. During his tenure, the group has grown from INR 1,050 crore to about INR 7,200 crore and enhanced the export sales from 12% to 24%, the company said.

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Baua Electric

JANUARY 22, 2024

JSW Group will invest 250 billion rupees in an EV battery manufacturing plant and an EV components plant in the first two phases of its plan, according to a statement on Monday. JSW Group is set to invest 400 billion rupees (USD 4.81

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Baua Electric

FEBRUARY 2, 2024

Velizy Villacoublay, France and Munich: Dassault Systemesand BMW Group have embarked on a long-term strategic partnership to develop BMW Group’s future engineering platform featuring Dassault Systemes ’ 3DEXPERIENCE platform at its core.

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Baua Electric

JANUARY 25, 2024

Auto components maker Rane (Madras) on Thursday reported a whopping 66.3% “RML had a challenging demand environment due to decline in the farm tractor segment and drop in off-take of steering products in select export geographies as well as after-market,” said L Ganesh, Chairman, Rane Group. crore from INR 73.5

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Baua Electric

JANUARY 14, 2024

As per the agreement, Anand Group companies will focus on expanding their manufacturing capabilities for various auto components, including Sunroof Systems, Electronic Power Steering, Integrated Dynamic Brake System, and E-Motors for two-wheeler applications, the company said.

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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. The investment from the unit of Tata Motors is the second commitment to the Telangana government in two days after the Adani Group announced a USD 1.49

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Baua Electric

APRIL 19, 2024

Forvia, which supplies parts to Stellantis, Volkswagen and Ford, and is also active in China, is affected by falling auto demand and competition from Chinese manufacturers. The group, born from Faurecia’s takeover of Hella in 2022, reported sales of 6.53 billion euros (USD 6.98 billion) for the first three months of 2024.

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Baua Electric

MARCH 1, 2024

New Delhi: CG Power and Industrial Solutions Limited, a part of Tube Investments of India Limited and the Murugappa Group; Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions; and Stars Microelectronics (Thailand) Public Co.

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Baua Electric

MARCH 29, 2024

New Delhi: Auto components maker ZF Rane Automotive India Pvt Ltd, on Friday, announced the acquisition of steering wheels manufacturer TRW Sun Steering Wheels Pvt Ltd for an undisclosed sum. Gurugram-headquartered TRW Sun Steering Wheels (TSSW) is a JV between the Sun Group and ZF Group globally.

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Baua Electric

APRIL 25, 2024

Peer Avis Budget Group shares dropped 7%. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Hertz Global eyes worst day on record as EV rental business falters – ET Auto appeared first on Bauaelectric Auto News. Excluding items, Hertz reported a loss of USD 1.28

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Baua Electric

JANUARY 28, 2024

German auto supplier ZF Friedrichshafen is focused on an urgent need to cut its debt because of high interest rates, the German newspaper Handelsblatt reported on Sunday. Last year, the group achieved the targeted free cash flow of between 1 billion and 1.5 billion euros (USD 1.09-billion-USD billion-USD 1.63 to 5.2%, Klein said.

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CN EV Post

NOVEMBER 30, 2022

"We think a large part of the rally was caused by a short squeeze as investors were caught being too negative on the group given Covid and competition concerns," said Deutsche Bank analyst Edison Yu's team. The post NIO, XPeng, Li Auto see epic rally in US, what happened? For more articles, please visit CnEVPost.

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Baua Electric

FEBRUARY 28, 2024

The group has aggressively pursued cost optimization measures over the past few quarters, slashing production costs in its key segments aluminium and zinc, by 35% and 15% respectively over the past six quarters. Mining conglomerate Vedanta Group is eyeing USD 6 billion of pre-tax profits in the next financial year and scaling it to USD 7-7.5

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Baua Electric

MARCH 13, 2024

The device, named “kilo” and developed by the group’s U.S. The device, named “kilo” and developed by the group’s U.S. robotic mobility unit PFF, can follow its operator, move on up to 100 pre-recorded routes, Piaggio said.

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Baua Electric

APRIL 8, 2024

Didi’s self-driving technology arm Didi Autonomous Driving also got funding of about USD 149 million from two investors including GAC Group’s wholly-owned subsidiary GAC Capital Co. The Andi joint venture was set up last year.

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Baua Electric

APRIL 17, 2024

The group plans to increase the operating capacity of its power business in India to 4.8 The latest financing follows Vedanta group’s takeover of Meenakshi Energy Ltd on December 28 in an NCLT-driven insolvency process. Vedanta’s power strategy is in focus amid the group’s ongoing demerger.

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Baua Electric

MARCH 7, 2024

Italy’s multi-utility Iren and Altamin signed a memorandum of understanding aimed at recovering lithium from geothermal projects the Australian group has around Rome, the two groups said on Wednesday.

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Baua Electric

JANUARY 17, 2024

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. ACC is a joint venture between Stellantis, TotalEnergies and Mercedes-Benz Group. billion) investment. The French plant should start mass production soon.

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Baua Electric

FEBRUARY 6, 2024

With a workforce of over 200 employees, including 30 highly skilled and experienced engineers, this facility will serve the emission products requirements of the Indian Auto industry. in-house R&D laboratory and is a one-stop solution for complete vehicle-level emission products requirement of any auto OEM, in India and beyond.

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Baua Electric

JANUARY 11, 2024

Ahmedabad, Union Minister for Electronics and Information Technology, Ashwini Vaishnaw , announced on Thursday that the Tata Group ‘s upcoming investment in semiconductor fabrication in Gujarat is set to be substantial. This announcement was made during the biennial Vibrant Gujarat Global Summit 2024.

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Baua Electric

MARCH 25, 2024

ZF Group has announced the rebranding of its Passive Safety Systems division to ‘ ZF Lifetec ‘ The new branding is part of the current legal separation of the Passive Safety Systems division within the ZF Group. In 2023, ZF Passive Safety Systems achieved sales of around €4.7 billion (approx USD 5.1 billion). “Our

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Baua Electric

FEBRUARY 27, 2024

Tata Group announced Wednesday that its new multibillion-pound UK factory to manufacture batteries will be located in Bridgwater , south west England. Agratas , Tata Group’s global battery business, confirmed Wednesday that the 40 GWh factory would be built at Bridgwater’s Gravity Smart Campus. Representative image.

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Baua Electric

JANUARY 31, 2024

Analysts say the group companies’ problems are likely to have a limited impact on Toyota’s earnings because their sales and profits are a small fraction of Toyota’s overall global earnings. ” “My job is to steer the way for where the overall group should go,” Toyoda said. million vehicles.

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Baua Electric

FEBRUARY 29, 2024

New Delhi: The Supreme Court on Thursday dismissed a Vedanta group’s plea against the closure of its copper smelting plant in Tamil Nadu’s Thoothukudi. “… we have come to the conclusion that the Special Leave Petition (SLP) by the industrial unit shall not warrant interference under Article 136 of the Constitution.

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The Truth About Cars

JANUARY 17, 2024

According to the South China Morning Post , the new unit is wholly owned by Huawei and will be used to help transfer technology between the phone company and Changan Auto. Still, particular attention should always be given to framing of any article.&

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Baua Electric

MARCH 7, 2024

Suzuki and SkyDrive concluded a Manufacturing Cooperation Contract for the manufacturing of “SKYDRIVE (SD-05 type)” at a plant owned by the Suzuki Group in Iwata City, Shizuoka Prefecture through SkyDrive’s subsidiary Sky Works Inc in October 2023, and have since been cooperating toward start of manufacturing.

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CN EV Post

APRIL 13, 2023

NIO XPeng , and Li Auto 's booths were all in Hall 6.1, The organizers of the upcoming Auto Shanghai 2023, which will start on April 18, have announced the booth locations of all exhibitors. and Li Auto is 6A04 in Hall 6.1. The absence of Tesla in these maps means it will not be at the Shanghai auto show. 6A01 NIO Hall 6.1

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Baua Electric

APRIL 18, 2024

New Delhi: Sterling Tools Limited, a leading automotive fastener manufacturer and, through its subsidiary, the leading manufacturer of Motor Control Units (MCUs) in India, has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics, a major supplier of components to the Hyundai Kia Motor Group.

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Baua Electric

JANUARY 16, 2024

German car rental group Sixt said Tuesday it has agreed to buy up to 250,000 cars from automaker Stellantis in a “multi-billion euro” deal that includes electric vehicles. Stellantis groups 14 brands including Peugeot, Alfa Romeo, Chrysler, Fiat, Opel and Jeep.

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Baua Electric

FEBRUARY 28, 2024

Céline Laurent-Winter, Vice President Connected Vehicle Platforms at BMW Group, said, “The partnership with Ubigi now offers our customers additional flexibility connecting their vehicle with an unlimited data plan. Cost of the service is €10 per month for unlimited data allowance*. This enables even more digital content in our BMW fleet.”

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Baua Electric

FEBRUARY 29, 2024

Transindia Real Estate ( TREL ), an Allcargo Group company, has signed a definitive agreement to sell its logistics park at Jhajjar in Haryana at an enterprise value of approximately INR 636.71 The deal consummation will help TREL realise substantial value from this divestment and continue to have zero debt, the company said in a statement.

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Baua Electric

APRIL 22, 2024

New Delhi: Kinetic Engineering , the component arm of Kinetic Group, is expecting its revenue to cross INR 250 crore this fiscal year. Kinetic Engineering is already in discussion with some EV startups like Eblu and E-fill for its electric auto component supplies to strengthen its EV game.

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Baua Electric

APRIL 17, 2024

Last month, a group of startup executives and Indian Space Research Organisation (ISRO) officials visited SpaceX’s facilities in Hawthorne, California. Under this, companies can accept 74% for satellite manufacturing, 49% for launch vehicles and up to 100% for manufacturing of components and systems.

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Baua Electric

JANUARY 16, 2024

The Swedish company has got orders of over USD 55 billion from a range of carmakers, including BMW, Scania, Volvo Cars and Volkswagen Group. billion debt package raised in 2020, is provided by a group of 23 commercial banks, as well as the European Investment Bank and the Nordic Investment Bank.

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Baua Electric

MARCH 13, 2024

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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Baua Electric

MARCH 11, 2024

During the inaugural ceremony, Lorenzo Cattini, Chairman of Cattini Group, said “This venture is expected to provide economic stability to the region”. During the inaugural ceremony, Lorenzo Cattini , Chairman of Cattini Group, said “This venture is expected to provide economic stability to the region”.

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