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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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Thailand backtracks on scope of discovered lithium deposits – ET Auto

Baua Electric

Lithium is a key component in the manufacture of batteries used in electric cars, as well as smartphones and other electronics. 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.

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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. The JV will be 92.3% and 0.9%, respectively.

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

Baua Electric

The minister, who also holds the portfolio of Electronics and Information Technology, was here to inaugurate the Chennai Design Centre of US-based semiconductor manufacturer Qualcomm, when he said that construction activities for setting up a plant to produce forged wheels for the railways has commenced in Tamil Nadu.

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Cabinet greenlights Tata Group’s chip fab unit in Gujarat; first semicon plant in northeast approved – ET Auto

Baua Electric

CG Power will also be setting up semiconductor unit in Gujarat in tie-up with Renesas Electronics Corp, Japan, and Stars Microelectronics, Thailand, the minister said. It will be built jointly by the state government and Tata Group. “…we will produce multiple nodes,” Chandrasekaran had said.

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Cabinet greenlights Tata’s INR 91,000-crore chip foundry proposal – ET Auto

Baua Electric

Tata group firm Tata Electronics has partnered with Taiwan’s chip manufacturing firm Powerchip Semiconductor Manufacturing Corp (PSMC) for the joint venture, which will be set up in Dholera in Gujarat. The foundry will manufacture high-performance chips in the 28, 50, 55, and 90, and 110 nanometre categories, Vaishnaw added.

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