Baua Electric

JANUARY 22, 2024

Zac Hollis, former brand director of Skoda Auto India, has joined Vietnamese EV major VinFast as its Asia Head. When Hollis left, Skoda Auto was sitting on its best volumes and market share in India. Prior to spending four years in India, Hollis led the China sales operation for Skoda Auto between 2016 to 2018.

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Baua Electric

APRIL 19, 2024

billion euros worth of new orders in the quarter, more than half of which came from Asia on the back of new deals with Chinese automakers. Forvia, which supplies parts to Stellantis, Volkswagen and Ford, and is also active in China, is affected by falling auto demand and competition from Chinese manufacturers. Forvia recorded 6.5

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Baua Electric

MARCH 11, 2024

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The automotive industry is in transition.

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Baua Electric

APRIL 30, 2023

million tonne, according to Nikkei Asia. Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. million tonne, according to Nikkei Asia. per cent, 1.3

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Teslarati

MARCH 22, 2024

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” Meo stated that the center of the global automotive market has gravitated toward Asia. Tesla also has ties to China through Gigafactory Shanghai.

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Baua Electric

APRIL 26, 2024

Sany Heavy Industry India Pvt Ltd, a leading global provider of construction machinery and equipment, on Friday announced opening of HO, M/s Raghunath Machinary. The inauguration ceremony, presided over by Deepak Garg VC & MD Sany India & South Asia, took place on April 24, 2024. ” he added.

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Baua Electric

JUNE 5, 2024

New Delhi: In a strategic move towards fostering sustainability and reducing its carbon footprint, Blue Dart , South Asia’s leading courier and integrated express package distribution company, unveiled an expansion of its electric vehicle (EV) fleet, now boasting of over 480 e-vehicles (2,3 &4 wheelers combined).

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Baua Electric

FEBRUARY 6, 2024

Manish Bhatnagar, the current President of Industrial Region India and Southeast Asia (ISEA), has been appointed as the new President of Industrial Region Americas, effective immediately. SKF has announced immediate changes in Group Management to accelerate strategic transformation and drive profitable growth.

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Green Car Congress

MAY 21, 2020

European R&D and battery production company InoBat Auto has acquired a 290,000 sq ft (27,000 sq m) facility close to Bratislava, Slovakia. InoBat says the facility will produce batteries to specifications of the vehicle manufacturer, and will enable European electric vehicle manufacturers to reduce dependence on imports from Asia.

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Baua Electric

APRIL 19, 2024

“We are seeing a rapid take-up of AI and emerging technologies at scale across businesses in Hong Kong and Asia, which poses new challenges to traditional IT infrastructure.” ” Alex Chan, Vice President, Enterprise and Digital Solutions, NTT Com Asia, said.

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Clean Fleet Report

NOVEMBER 28, 2023

Many Changes Are Coming Quickly The world is increasingly unpredictable, and the automotive industry is feeling it. In addition to the CASE (Connected-Autonomous-Shared-Electrified)-driven transformation of the industry, a combination of additional internal and external factors is piling on complexity.

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Green Car Congress

MAY 9, 2017

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5

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Baua Electric

MAY 25, 2024

Europe is seeking to attract electric vehicle (EV) battery makers, as it tries to cut dependency on Asia and win a green subsidies race with the United States. bn euros in financing for Dunkirk EV battery gigafactory – ET Auto appeared first on Bauaelectric Auto News. billion euros (USD 1.41

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Baua Electric

APRIL 24, 2024

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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CleanTechnica EVs

MARCH 27, 2024

BANGKOK, THAILAND — At the Bangkok International Motor Show (BIMS) 2024, VinFast Auto (Nasdaq: VFS) introduces a diverse range of green mobility solutions to Southeast Asia’s leading auto market, including electric scooters, cars and the electric pickup truck concept — VF Wild.

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Baua Electric

APRIL 9, 2024

They also discussed the concerns of our diamond industry. Took up the concerns of our diamond industry. They agreed upon the need to enhance cooperation and support for the early restoration of peace and security in the West Asia region and the Russia-Ukraine conflict.

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Baua Electric

FEBRUARY 1, 2024

New Delhi: Lumax Auto Technologies Limited (LATL), a leading Tier-1 diversified automotive systems and components manufacturer, through its aftermarket division has entered into a strategic partnership with Bluechem Group of Germany, one of the world leaders in innovative automotive car care solutions.

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Baua Electric

MAY 26, 2024

Strategically located in malls, corporate parks, and metro stations, these hubs offer superior design, minimal car queuing, and industry-leading capacity utilization of 25%, the release said. With over 7,500 EV fleet, largest in South Asia, it has completed more than 14.9

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Baua Electric

JANUARY 17, 2024

The AI boom has helped drive up the price of shares in Asia’s most valuable company, with TSMC’s Taipei-listed stock having surged 32% in 2023, compared with a 27% gain for the broader market. TSMC is due to report at 0600 GMT on Thursday.

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Baua Electric

JANUARY 20, 2024

Organised as part of ACHEMA’s Asia-Pacific Roadshow, the pre-event presentation and networking session is scheduled for 30 January 2024. For further information, check here.

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Industrial Industry India Insight 52

Baua Electric

FEBRUARY 29, 2024

Shiva Shailendran, Director of Supply Operations at Uber India and South Asia, said, “We are focussed on reshaping travel experience and this partnership with the Airports Authority of India will help us deliver an elevated experience for drivers and riders alike.

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Baua Electric

MAY 6, 2024

It will become South Asia ’s biggest integrated e-cycle gigafactory and the largest outside of China post phases 2, 3, and 4, it added. It will also employ 300 more people, from the current 50, by then, he added. The so-called e-cycle gigafactory will be built in four phases, the company said.

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Baua Electric

APRIL 22, 2024

Malaysia’s leader on Monday announced plans to build a massive semiconductor design park , aiming to boost the Southeast Asian nation’s role in the global chip industry. Now it wants to go beyond production and emerge as a chip design powerhouse too, Prime Minister Anwar Ibrahim said Monday.

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Baua Electric

AUGUST 21, 2023

The corporate mentioned in February it was once reorganizing ContiTech from six sections into one in each and every of Europe, the Americas and Asia Pacific, era bundling its automobile actions right into a detached unit geared in opposition to electromobility. billion) — is because of be separated from the industry inside of two years.

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Baua Electric

FEBRUARY 4, 2024

Piyush Goyal, Hon’ble Union Minister of Commerce & Industry, Consumer Affairs, Food and Public Distribution and Textiles, Government of India , visited the Uber Green display at the Expo on Saturday. We will take this product to more cities soon and continue to invest in the sustainable mobility value chain.”

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Baua Electric

MAY 29, 2024

They’re also a reminder that making the world run on hydrogen will need considerable support from diversified businesses such as North Asia ’s storied conglomerates. Recently, industry has turned to green hydrogen, created by running an electric current through water with an electrolyte. It also has a plan.

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Baua Electric

JANUARY 14, 2024

New Delhi: Uber today flagged off its EV auto rickshaw service with Uttar Pradesh Chief Minister Yogi Adityanath in the temple town of Ayodhya under its popular category, Uber Auto. Prabhjeet Singh, President Uber India and South Asia said, “We are excited to expand our services to Ayodhya as it emerges on the travel map of millions.

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Baua Electric

MARCH 14, 2024

Hinduja Tech has been making significant strides in the mobility industry, by expanding its capabilities and partnerships to drive innovation and growth. Creador is a private equity firm focused on partnering to grow world-class businesses in Southeast Asia and India.

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Baua Electric

MAY 18, 2023

The San Diego-based corporate additionally stated it’s not looking for strategic possible choices for its Asia Pacific industry, backtracking on plans it introduced in March closing day for the unit. industry, lay off 30% of workforce appeared first on Bauaelectric Auto News. The post TuSimple to restructure U.S.

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Baua Electric

JANUARY 23, 2024

Prabhjeet Singh , President, Uber India and South Asia, said, “The Great Place to Work-Certification reflects our commitment to promote diversity, equity and inclusion at Uber. This Certification underscores Uber’s ongoing efforts to prioritize a positive and supportive workplace for its team members in India, the company said.

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India Auto Asia Insight 52

Baua Electric

APRIL 6, 2024

New Delhi: Asia Pacific’s leading paint and coating company, Nippon Paint has launched its consumer facing automotive body and paint repair service brand, Mastercraft. Mastercraft promises exemplary body and paint work , car decoration services and ultra-fast velocity repairs, backed by Japanese precision and technology.

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Baua Electric

MAY 10, 2024

By creating industry hubs through viability gap funding mechanisms, India can emulate successful models observed in European nations, where academic inventions have been seamlessly integrated into commercial production. Moreover, the burgeoning Southeast Asian market presents a ripe opportunity for India to showcase its technological prowess.

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Baua Electric

MARCH 11, 2024

Massimiliano Bennici , Director-Cattini Group, said, “This marks Cattini’s entry into the Indian market and represents a crucial step in our growth strategy to expand our presence in the Asia-Pacific region.” This investment not only signifies growth for Cattini but also contributes to Pune’s industrial landscape, he said.

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Green Car Congress

JANUARY 7, 2016

Established automotive industry companies—not Silicon Valley—are leading the development of autonomous driving technology, according to a new report from the Intellectual Property and Science business of Thomson Reuters. Overall, Asia has 11 of the world’s top 20 autonomous-driving innovators according to the report.

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Baua Electric

JANUARY 15, 2024

As the city gears up to become one of the popular tourist destinations, we are committed to making the commute of tourists and locals hassle-free,” Uber India and South Asia Director Supply Operations Shiva Shailendran said.

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Baua Electric

JANUARY 4, 2024

This Auto CO2 calculator tool is designed to revolutionize the bearing selection process, aligning seamlessly with SKF’s commitment to carbon neutrality and the clean and intelligent strategy. The pioneering move is to foster sustainability and empower customers with comprehensive data-driven insights, the company said.

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Baua Electric

MARCH 29, 2024

Jain described CarDekho as a “growth story with sustainability” and said the Group expects to notch 50% growth (CAGR) in the current fiscal, with businesses like InsuranceDekho (insurtech platform) and Southeast Asia Business aiding growth. It also houses fintech and, insurtech brands like InsuranceDekho and Rupyy.

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