article thumbnail

Exide Industries Q4 Results: Firm beats profit view on higher demand – ET Auto

Baua Electric

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.

article thumbnail

Pavna Industries inks deal with Ola Electric to supply ignition switches, latches for EVs – ET Auto

Baua Electric

New Delhi: Pavna Industries Limited, a leading automotive parts manufacturer has inked an agreement with Ola Electric to supply ignition switches and latches, consolidating its foray into the electric two-wheeler segment. Swapnil Jain, Managing Director of Pavna Industries Ltd.,

article thumbnail

NXP Semiconductors unveils industry-first platform for software-defined vehicles – ET Auto

Baua Electric

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

article thumbnail

Top industry bodies IESA & SEMI partner to boost India’s semiconductor goals – ET Auto

Baua Electric

In a boost for the country’s semiconductor industry , the India Electronics and Semiconductor Association ( IESA ) on Wednesday forged an alliance with global industry association SEMI. The partnership also aims to harness research data to further these goals.

article thumbnail

CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.

article thumbnail

Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

article thumbnail

Li Auto to build industrial park for auto parts in Changzhou

CN EV Post

The project is expected to further drive suppliers closer to Li Auto, thereby reducing costs and improving supply chain reliability. The post Li Auto to build industrial park for auto parts in Changzhou appeared first on CnEVPost. For more articles, please visit CnEVPost.

Auto 69