Baua Electric

JANUARY 25, 2024

Global semiconductor sales are expected to grow from USD 600 million this year to more than USD 1 trillion by 2030, and all capacity currently planned in China will be needed. “It’s totally unrealistic,” he said of the target set by the EU Commission amid shortages of chips for cars during the COVID-19 pandemic. .

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Baua Electric

JANUARY 27, 2024

SK hynix and Micron, two other major players in the memory market, also reported huge declines in their revenues at 33% and 36% YoY, respectively. New Delhi: The global semiconductor industry ‘s revenue declined 8.8% in 2023 due to a slowdown in enterprise and consumer spending.

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Baua Electric

MAY 15, 2024

in SKIET, whose market value stood at 4.09 The report added that SK Group has recently decided on a plan to sell SKIET’s management rights and began contacting potential buyers through major global investment banks. in SKIET, whose market value stood at 4.09 SK Innovation owns a stake of 61.2% trillion won (USD 3.01

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Baua Electric

JANUARY 31, 2024

Sona Comstar ), one of the leading global providers of automotive technology solutions, has announced its participation in the inaugural season of Bharat Mobility Global Expo 2024 , scheduled to take place at Bharat Mandapam, Pragati Maidan, New Delhi from February 1 to 3, 2024. New Delhi: Sona BLW Precision Forgings Ltd.

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Baua Electric

MAY 9, 2024

China is the world’s largest lithium battery market, accounting for some 57% of global demand in 2022, according to the Economist Intelligence Unit. China is the world’s largest lithium battery market , accounting for some 57% of global demand in 2022, according to the Economist Intelligence Unit.

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Baua Electric

JANUARY 24, 2024

GlobalData’s latest report, “Global Sector Overview & Forecast: Electric Motors” reveals that the electric motors market in APAC is estimated to reach 478.4 Against this backdrop, the APAC automotive electric motors market is forecast to post a 3.1% The electric motors market is thriving in the APAC region.

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Baua Electric

FEBRUARY 28, 2024

“The Global Summit & Expo’s success underscores electric vehicles’ transformative potential and manufacturing opportunities in India,” Shradha Suri Marwah, President, ACMA, and Managing Director, Subros Ltd.

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Baua Electric

MAY 9, 2024

Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. Panasonic Energy has sought to expand its footprint in the North American market.

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Baua Electric

APRIL 25, 2024

Exide and Amara Raja added a combined market value of about USD 2 billion in April as investors boosted their bets in the nascent clean car market. Global carmakers, including BYD Co., are doubling down on the burgeoning electric vehicle market in the South Asian nation as sales cool in China, the US and Europe.

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Baua Electric

MARCH 14, 2024

The Pune global capability centre will be one of the key pivots for this objective and will employ advanced analytics to develop cutting-edge filtration technologies. I actually see India becoming one of the fastest growing markets in the world for us,” added Disher. India is very important to us as a business.

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Baua Electric

MARCH 13, 2024

New Delhi: Global logistics major DHL Express on Wednesday said it will invest over INR 1,600 crore in India in next five years, taking note of the country’s rapid economic growth and expectations of its connectedness rising “swiftly” in coming years. He said “Incredible India” is not just for tourism but also for businesses in the country.

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Baua Electric

JANUARY 29, 2024

Prior to joining Ola, Shakdher was part of the founding leadership team of Disney+ Hotstar and led the platform’s marketing, international growth, and D2C business. The source also stated that growth, marketing, and new initiative functions across Ola globally will report to him.

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Baua Electric

JANUARY 17, 2024

Global demand for semiconductors began to weaken in the second half of 2022, but analysts say inventories at smartphone and computer makers are running down and restocking demand is expected to pick up. billion in the year-earlier period, but that still beat both the company’s and market’s expectations. billion ($20.10

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Baua Electric

APRIL 12, 2024

“We must oppose unilateralism and protectionism and protect the global supply chain,” the minister said. Also this week, Brussels launched a preliminary review of possible market distortions by Chinese wind turbine makers. Earlier this week, Wang was in France where he met French Finance Minister Bruno Le Maire.

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Baua Electric

MARCH 13, 2024

This agreement takes place following a successful rigorous testing and validation process to meet the demanding Indian market requirements, as well as for other global markets of Mahindra, the company said in a media release. We are proud to collaborate with India’s leading OEM.

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Baua Electric

MAY 14, 2024

India may become a dumping ground for Chinese products such as Electric Vehicles ( EVs ), batteries and other new technology items with the US raising tariffs on these imports from Beijing, economic think tank Global Trade Research Initiative ( GTRI ) said Tuesday.

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Baua Electric

APRIL 8, 2024

It also dominates global supplies of many other industrial metals needed for the energy transition: a source of worry for western leaders with net zero targets to meet. ” Rahim did not say what global copper demand would be in 2030. .” ” Rahim did not say what global copper demand would be in 2030.

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Baua Electric

MARCH 13, 2024

The two-wheeler segment , which has lagged behind, is poised for a strong comeback supported by recovery in the rural market. While India has a position as one of the world’s fastest-growing economies, its motor vehicle penetration per capita remains significantly lower compared to the global average.

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Baua Electric

APRIL 17, 2024

This deal signals the company’s debut in US’ electric vehicle market. “Through our continuous innovations we remain committed to creating value for our customers and contributing to the advancement of sustainable mobility globally,” Gandhi added.

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Baua Electric

MARCH 26, 2024

This year Nissan will export the South African built Navara pickup trucks to new markets of Algeria, Libya, Sudan, Tunisia and Egypt, Nissan Africa product Marketing Director Stefan Haasbroek said. According to Nissan, elsewhere in the world the global motorization average is 182 vehicles per 1,000 people versus 42 per 1,000 in Africa.

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Baua Electric

MARCH 25, 2024

ZF Lifetec is one of the leading passive safety equipment providers with a global presence of 46 locations across 18 countries and a market share of more than 20% of global sales in its core product categories. We are aiming for growth, driven by automotive megatrends and globally rising levels of safety regulations.

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Baua Electric

APRIL 7, 2024

It said the two partners would share market intelligence about “non-market” policies and practices, which they argue prevail in China, and consult on planned action to address distortions on the global supply chain. were taking “the next steps” regarding legacy semiconductors. .

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Baua Electric

MARCH 6, 2024

Visteon , a global technology leader at the forefront of driving digitalization and electrification trends in the mobility industry, has created a Michigan-based joint venture with Shinry Technology Companies Ltd., a China-based Tier 1 supplier specializing in charging and distribution solutions for new energy vehicles.

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Baua Electric

MARCH 17, 2024

Global rideshare giant Uber will pay 272 million Australian dollars (USD 178 million) to settle a long-running dispute with Australian taxi and hire car drivers who lost out when the company entered the Australian market.

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Baua Electric

APRIL 7, 2024

The future is electric in India which has seen a meteoric rise in EV adoption and homegrown companies should now aim to make electric two-wheelers for the global market, he added. Speaking at Ather Energy’s community day event, Kant said that India is already the biggest exporter of two-wheelers in the world.

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Baua Electric

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. As per industry estimates, about 4.1

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Baua Electric

MARCH 29, 2024

Gurugram-headquartered TRW Sun Steering Wheels (TSSW) is a JV between the Sun Group and ZF Group globally. It manufactures various types of steering wheels for the Indian market and supplies to a diverse set of passenger vehicle customers from its manufacturing plants in Gurugram and Pune, ZF Rane Automotive India said in a statement.

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Baua Electric

MARCH 22, 2024

With this partnership Uno Minda further builds up on its EV-specific product portfolio for the passenger car market, the company said. StarCharge, a global leader in electric vehicle charging infrastructure and microgrid solutions, operates in 67 countries and regions with manufacturing facilities in the USA, Vietnam, and China.

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Baua Electric

MARCH 18, 2024

He joined ZF Rane Automotive India (erstwhile Rane TRW Steering Systems) as AGM – Marketing in 1998. He held positions of increasing responsibilities in the areas of Marketing and Operations and became Managing Director in 2008.

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Baua Electric

FEBRUARY 29, 2024

Global Tier 1 automotive company Visteon is planning its next round of investments for the Indian market. The new facility is part of Visteon’s overall plans for the Indian market, particularly in the cockpit electronics segment. India, he added, is on “everybody’s radar as one of the fastest growing auto markets”.

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Baua Electric

MAY 2, 2024

Ramamoorthy informed ET that while the domestic demand for semiconductor chips is increasing, the total addressable market for India remains relatively small in comparison to the global demand for semiconductors. But the factory becoming truly global in terms of turnaround time, cost structure, and quality speaks a lot more,” he said.

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Baua Electric

MAY 2, 2024

Softening Electric Vehicle (EV) demand has knocked down global lithium prices , hitting lithium producers such as Albemarle. Albemarle , the world’s largest producer of lithium for electric vehicle batteries , on Wednesday missed first quarter profit estimates on lower prices.

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Baua Electric

APRIL 22, 2024

Sona Comstar ), one of the leading global providers of automotive technology solutions, has inaugurated a new manufacturing plant in the Fipasi Industrial Park, Silao, Mexico. Our relentless pursuit of innovation and adoption of cutting-edge technologies have firmly entrenched us as the premier partner for global automakers.

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Baua Electric

MARCH 13, 2024

Dixit Roy Mahidhara Varroc , a leading global tier-1 automotive supplier, has appointed Dixit Roy Mahidhara as Chief Executive Officer of its subsidiary – CarIQ Technologies Private Ltd. He brings a wealth of experience and expertise to this critical role and will help drive the future of connected vehicles at Varroc, the company said.

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Baua Electric

APRIL 19, 2024

SoftBank-backed Ola is India’s answer to Uber and plans to file papers for approval with the country’s market regulator within three months, said the sources, who declined to be named as the matter is confidential. Its other investors include Warburg Pincus, Temasek and Tiger Global Management. Ola declined to comment.

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Baua Electric

APRIL 30, 2024

The technology of Uno Minda C80 premium car horn comes from the company’s acquisition of Clarton Horn, Spain, which makes it the second largest horn manufacturer and OEM supplier globally. We are confident that this horn would become a sought-after horn for car enthusiasts, leaving a lasting impression on the market.”Extensive

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Baua Electric

JANUARY 12, 2024

This collaboration will enable SkyDrive to cater to the global UAM market, including India. Engineered in India has an immense potential to contribute to the future of UAM globally. This collaboration will enable SkyDrive to cater to the global UAM market, including India.

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