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Thailand backtracks on scope of discovered lithium deposits – ET Auto

Baua Electric

Thailand has backtracked on an announcement that it found millions of tonnes of lithium deposits last week, with the government downgrading the scope of its discovery. Lithium is a key component in the manufacture of batteries used in electric cars, as well as smartphones and other electronics.

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ASK Auto forms JV with AISIN Group to enter domestic, global car parts aftermarket – ET Auto

Baua Electric

ASK Automotive Ltd – AISIN Group Companies Joint Venture New Delhi: ASK Automotive Limited, India’s largest manufacturer of Brake Shoes and Advanced Braking Systems for Two-Wheelers, announced a Landmark Joint Venture Agreement with AISIN Group Companies, comprising AISIN Asia (Thailand) Co.

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ACMA Automechanika 2024 concludes on a high note; global aftermarket presents USD 35 bn exports opportunity: ACMA-EY Study – ET Auto

Baua Electric

It was a conglomeration of the entire mobility ecosystem under one roof, displaying the tech capabilities and innovations of Indian automotive industry. ACMA remains committed to fostering this growth trajectory and contributing to India’s leadership in the global auto aftermarket.”

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Murugappa Group arm-led JV to invest INR 7,600 cr to build OSAT facility in Gujarat – ET Auto

Baua Electric

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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Australia, Indonesia should team up for battery supply chains, ACEN CEO says – ET Auto

Baua Electric

Any opportunities for electric vehicle batteries would make sense to be in Thailand, while Indonesia may offer more opportunity for large scale battery production, especially as solar power is helping to green the country’s power supply, he added on the sidelines of the event.

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Beyond INR 76k-crore: Government to scale up semiconductor package – ET Auto

Baua Electric

Updated On Apr 29, 2024 at 11:57 AM IST --> Published On Apr 29, 2024 at 11:53 AM IST 2 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Govt has now received new proposals which are at a very advanced stage of discussions.

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Indian automotive aftermarket expected to reach USD 14 billion by 2028: E&Y report – ET Auto

Baua Electric

In addition, another close to 100 exhibitors will be participating in two exclusive Auto Components Pavilions showcasing products and solutions for OEMs, the release said. Vinnie Mehta , Director General of ACMA, said, “The Indian auto component makers witnessed a promising 7.5% times to an estimated USD 14 billion by 2028.

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