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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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Neta starts construction of its first overseas plant in Thailand, with planned annual capacity of 20,000 units

CN EV Post

Neta is building the electric vehicle assembly site with Thailand's BGAC and expects it to start production by the end of January 2024. Neta laid the groundbreaking for its plant in Bangkok, Thailand, on March 10, which will be its main manufacturing base for right-hand drive EVs for export to ASEAN, the company said today.

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

Baua Electric

ACMA remains committed to fostering this growth trajectory and contributing to India’s leadership in the global auto aftermarket.” The auto component industry continues to thrive, reflecting the resilience and innovation within our ecosystem.

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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. Ltd, added, “We are deeply honoured to join forces in this thrilling venture.

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India set to become exporter of forged wheels used in railways: Ashwini Vaishnaw – ET Auto

Baua Electric

ICF has exported more than 875 coaches and components to Thailand, Burma, Taiwan, Zambia, Vietnam and other countries totalling about INR 1,004 crore of trade.

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