Baua Electric

MAY 3, 2024

As of December last year, the company had nearly 800 full-time employees in the U.S., The plan will be implemented immediately and lead to an annual reduction in operating costs by USD 50 million to USD 65 million post completion by this year’s end, the company said. Germany, Sweden, India and China.

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Electric Vehicles India

AUGUST 27, 2021

Euler Motors bags 2,500 small electric CVs orders from e-commerce companies . Electric vehicles are becoming more common in fleet manufacturers, e-commerce companies are opting for electric vehicles for their fleet operations for the first and last-mile operations. Let us know more about Euler Motors bags orders. .

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Baua Electric

MAY 3, 2024

The company has benefited from automakers rushing to put out vehicles with smaller engines that are powerful and meet modern emission norms. The company’s first-quarter revenue rose about 6.3% BorgWarner now expects its full-year adjusted profit per share to be between USD 3.80 to USD 4.00. to USD 4.00.

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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

MARCH 6, 2024

” “The exceptional accomplishments of the award winning companies not only demonstrate innovation but also serve as inspiration for the entire industry, setting a high standard for all. Senthil Kumar, Vice President-Central Purchase at TVS Motor Company; R Sundar, Asst.

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Baua Electric

MAY 3, 2024

The company achieved the highest sales for the quarter and fiscal year with sales to OE customers growing 18%. Auto component company Rane Brake Lining saw a 28% jump in net profit for Q4FY24 at INR 15.4 The company announced a dividend of INR 30 per equity share on the paid up capital of 77,29,871 of INR 10 each. at INR 186.7

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Baua Electric

APRIL 22, 2024

New Delhi: Log9 , a leading developer of advanced battery cell technology and electric mobility ecosystem products, has rebranded its mobility business as Amphion , a full-stack EV asset management company. Murthy shared insights on key ingredients of building a sustainable company on strong pillars of culture and innovation.

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Baua Electric

MAY 3, 2024

The boards of various businesses of Raymond have given their nod for demerger of their engineering business to enable the company’s and newly acquired Maini Precision Product’s foray into certain sunrise sectors, the company said in a stock exchange filing on Friday.

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Baua Electric

MAY 3, 2024

Albemarle , the world’s largest producer of lithium for electric vehicle batteries , could look at reducing capital expenditure in the coming years if lithium prices remain flat, the company said on Thursday. Albemarle maintained its outlook for the year, in which it plans to spend between USD 1.6 billion and USD 1.8

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Baua Electric

APRIL 29, 2024

Speaking at Codelco’s annual shareholders meeting, Pacheco said the company planned to carry out exploration to gauge the potential for lithium production at the salt flat. Chile holds the world’s largest lithium reserves. Lithium in Chile is currently mined only in the Atacama salt flat.

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Chile Auto Insight Production 52

Baua Electric

MAY 1, 2024

It will also “review, evaluate, scrutinize and consider all proposals for making investments (including acquisition), divestments, strategic alliances/technological tie-ups, foreign collaborations by the company or by its subsidiaries and make appropriate recommendations to the Board of the company”, the company informed its investors.

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Baua Electric

MAY 2, 2024

Additionally, drivers will benefit from various advanced features, including speed limit alerts, real-time incident updates, and voice-guided navigation support, which contribute to a safer and more informed driving experience, the company stated.

India 52

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Baua Electric

APRIL 25, 2024

Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on record on Thursday after the company reported a wider-than-expected quarterly loss, highlighting its struggles with the EV rental business. Higher repair costs also weighed on the company’s overall fleet maintenance expenses.

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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

FEBRUARY 6, 2024

This program was conducted in collaboration with some of the leading healthcare providers in the respective cities, the company said. The company plans to expand this training to other cities and departments in the coming months, the company said in a media release.

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Baua Electric

APRIL 18, 2024

The order is to be executed over a period of next eight years commencing from the fourth quarter of this fiscal, the company said in a regulatory filing. The order has been secured by the company’s joint venture firm — Marelli Talbros Chassis Systems ( MTCS ). Shares of the company were trading 4.99% up at INR 293.30

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Baua Electric

MAY 4, 2024

Magna executives said on a post-earnings call the company was assessing impacts from automakers’ shifting electrification plans, particularly in North America. The company’s shares were down about 4% in early trade. Magna said it expects full-year 2024 sales of USD 42.6 billion to USD 44.2 billion to USD 45.4

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Baua Electric

APRIL 17, 2024

Toyota supplier Tokai Rika Co said its door switches for Prius cars had issues and the company expected to incur 11 billion yen (USD 71 million) in costs due to the product recall. Toyota Motor has recalled more than 135,000 Prius hybrid cars in Japan and suspended taking new orders for the model due to a problem with rear door handles.

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Baua Electric

APRIL 24, 2024

Huawei said in November that the unit would be spun off into a new company which will receive the unit’s core technologies and resources and take investment from partners such as automaker Changan Auto.

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Baua Electric

APRIL 27, 2024

The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well. The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well, they added.

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The Truth About Cars

FEBRUARY 13, 2024

Photo credit: pathdoc / Shutterstock.com Seeing Machines Limited, a company specializing in computer vision technology, showcased its advanced interior sensing technology at Automotive World 2024 in Tokyo. This demonstration shows the company's plans to perhaps improve transportation safety through its AI-powered operator monitoring systems.

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Baua Electric

FEBRUARY 3, 2024

Driver monitoring system New Delhi: Delhi-based leading auto-tech company Rosmerta Technologies Limited has introduced a cutting-edge AI-based Driver Monitoring & Alert System integrated with a vehicle tracking management system. Key Features of Rosmerta’s Driver Management System : 1.

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Baua Electric

APRIL 29, 2024

Among the bidders, a Gujarat-based company emerged as the successful candidate, securing the contract for supplying the EVs. Updated On Apr 30, 2024 at 09:55 AM IST --> Published On Apr 30, 2024 at 09:52 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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Baua Electric

APRIL 23, 2024

The company is a major supplier of battery packs for solar lighting applications in India and also produces monocrystalline and polycrystalline PV panels. RCRSIL’s Noida facility boasts advanced laboratories and testing equipment, with the company holding over 20 certifications for its products. crore and a profit of INR 1.35

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Baua Electric

APRIL 28, 2024

Baidu , China’s major internet search company, reached an agreement with Tesla to grant the car company access to its mapping license for data collection on China’s public roads, two people familiar with the matter said. Foreign firms need to partner with domestic companies that have obtained the license.

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Baua Electric

APRIL 11, 2024

The company faces a number of lawsuits from victims accusing the ride-sharing platform of failing to prevent sexual assaults against passengers. The company said in 2022 it had received about 3,800 reports of severe sexual assault in the U.S. in 2019 and 2020, down from nearly 6,000 over the prior two years.

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Baua Electric

JANUARY 18, 2024

Indian states have received a slew of pledges for investment from companies including Maruti Suzuki in the past week at business events such as the Vibrant Gujarat Global Summit and the World Economic Forum. 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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Auto Suzuki Insight India 98

Baua Electric

MARCH 21, 2024

Nielsen and Lyft have signed an agreement to measure advertisements on the ride-hailing company’s mobile app, the data analytics firm said on Thursday. Lyft’s advertising arm, Lyft Media, has previously worked with clients such as Starbucks, DoorDash and Citigroup.

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Baua Electric

APRIL 16, 2024

The pilot line is aimed to further promote development and innovative manufacturing technologies for the batteries, the company said. Nissan plans to use all-solid-state batteries in a wide range of vehicle segments, including pickup trucks, making its EVs more competitive, the company said in a media release.

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Baua Electric

APRIL 23, 2024

The company did not disclose how many employees were affected by the layoffs or which countries it is shifting roles to. The company’s sales suffered in the first quarter ended Dec. The plan would be completed by fiscal 2027, the company said, adding it expects about USD 60 million in reduced annual operating cost.

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Baua Electric

MAY 1, 2024

Shares of the Santa Clara, California-based company fell 3% in extended trading. The company forecast revenue of about USD 5.70 Advanced Micro Devices beat first-quarter revenue estimates by a small margin on Tuesday as tepid demand for semiconductors used in traditional data centers added to weakness in the market for gaming chips.

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Baua Electric

MARCH 20, 2024

Following up on the same update, the company in its 20th March 2024 regulatory filing stated that post allotment, the investment of the company in the equity shares of UMBM stands at INR 11,87,37,000. The company has invested a sum of a little more than INR 6.04

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Baua Electric

MAY 2, 2024

However, the company reported an adjusted profit of 26 cents per share, below analysts’ average estimate of 27 cents per share. The company in January said it would cut jobs and defer spending on a U.S. Overall, Albemarle posted revenue of USD 1.36 billion, according to LSEG data.

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Baua Electric

FEBRUARY 6, 2024

The company, which has no revenue, raised going-concern doubts in November 2022 and has shed most of its workforce since then. The company’s stock was delisted from the Nasdaq on Jan. 30 after receiving a letter from the stock exchange notifying the company of the move.

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Baua Electric

APRIL 17, 2024

Ramkrishna Forgings has signed an agreement to supply power train components to USA’s largest electric passenger vehicle producer, the company said in a stock exchange filing on Thursday. This deal signals the company’s debut in US’ electric vehicle market. At the time, benchmark indices were flat.

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Baua Electric

MARCH 22, 2024

The new family of fully electric vans equipped with SDV will be introduced by the new company. The new company will address the growing needs of decarbonized and efficient urban logistics and will be based in France. The new family of fully electric vans equipped with SDV will be introduced by the new company.

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Baua Electric

MARCH 29, 2024

Kadam, who joined Schaeffler India in 2018, was appointed as the MD and CEO of the company in October 2019 for a period of five years. The re-appointment is subject to the company’s shareholders’ nod. With his strategic vision and leadership Kadam has successfully steered the company in the last few years.

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