Baua Electric

JULY 11, 2024

The problems that prompted the recall include poor durability of the electronic control hydraulic unit of 1,39,478 units of the Sorento SUV model, reports Yonhap news agency. The five companies, also including Hyundai Motor Co., The five companies, also including Hyundai Motor Co., Porsche Korea and Toyota Motor Korea Co.

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Baua Electric

MAY 3, 2024

Luminar Technologies , a maker of lidar sensors for self-driving cars , said on Friday that it would cut its workforce by about 20%, as part of a restructuring plan for the current year. As of December last year, the company had nearly 800 full-time employees in the U.S., Germany, Sweden, India and China.

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Baua Electric

JUNE 30, 2024

Such firms have raised funds to expand operations as local demand for EV parts has shot up, opening up the space that has been traditionally dominated by large manufacturers like Sona Comstar and Sterling Gtake. Matel started off as a solar water pump manufacturer in 2016 before starting EV part manufacture in FY21.

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Baua Electric

APRIL 24, 2024

It now expects to report organic revenue growth for parts and services between 2.5% Auto parts distributor LKQ cut its full-year sales forecast on Tuesday and missed estimates for first-quarter profit amid falling metal prices and softening demand for spares in North America. for 2024, down from its prior guidance of 3.5%

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Baua Electric

APRIL 25, 2024

The company ensures quality and service commitment through its extensive network of 2500+ touchpoints, manned by trained specialists and backed by easy access to Tata Genuine Parts. New Delhi: Tata Motors , India’s largest commercial vehicle manufacturer, Friday inaugurated a new commercial vehicle spare parts warehouse in Guwahati.

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Baua Electric

JUNE 18, 2024

This strategic collaboration aims to leverage the strengths of both companies to provide a comprehensive range of products that cater to the evolving needs of automotive consumers. The new product line will include high-quality car accessories and premium car care solutions designed to enhance vehicle performance, aesthetics and longevity.

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Baua Electric

MAY 2, 2024

India’s mid-sized IT services player L&T Technology Services ( LTTS ) has signed an approximately €45 million (around USD 48 million at current exchange rate) contract with European automotive parts manufacturer and supplier Forvia for engineering development activities for its clean mobility division. “As

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Baua Electric

JUNE 25, 2024

The four companies, also including Volkswagen Group Korea and Tesla Korea, will voluntarily recall 456,977 units of 11 different models, the Ministry of Land, Infrastructure and Transport said in a statement. Volkswagen will recall 4,886 units of the ID.4

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Baua Electric

JUNE 18, 2024

Super Screws Pvt Ltd memorandum of understanding (MoU) with Mitsuchi Corporation New Delhi: Super Screws Pvt Ltd has announced a memorandum of understanding (MoU) with Mitsuchi Corporation of Japan to establish a joint venture aimed at manufacturing and selling special cold forged parts in India.

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Baua Electric

JULY 17, 2024

“The merger is expected to positively impact the company’s profit and financial structures by enhancing competitiveness of its mid- to long-term energy business,” SK Innovation said. 2 conglomerate undertakes a major overhaul to boost profitability. The move, which creates a 100 trillion won (USD 72.57

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Baua Electric

JUNE 10, 2024

The report found Bourns Inc, a California-based auto supplier, had sourced components from JWD, which was added to the UFLPA Entity List in December. Wyden also wants any actions taken by BMW “to address any cars or spare parts containing JWD parts improperly imported by BMW” after December 2023. imported vehicles.

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Baua Electric

MARCH 14, 2024

MG Motors, a unit of Chinese automaker SAIC, will open a second European parts centre by the summer of 2024 in France to meet the country’s growing demand for its vehicles, a spokesperson told Reuters on Thursday. The new European site will be operated by a partner near Lens, in Hauts-de-France, near the Belgian border.

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Teslarati

AUGUST 3, 2021

This morning, it was reported that India-based auto suppliers and car part makers want Tesla’s entrance to benefit local suppliers. The only way that can be possible is if Tesla sets up a manufacturing unit in India, which the company is unable to commit to currently. Don’t hesitate to contact us with tips!

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Baua Electric

JUNE 9, 2024

GWh battery storage project was awarded by SECI ( Solar Energy Corporation of India Limited ), with commissioning expected by June 2025, the company said in a release announcing the construction activities for the same. Besides battery storages, the company is developing commercial-scale green hydrogen project in India and green steel.

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Baua Electric

APRIL 25, 2024

Car parts makers face slowing auto production, leaving suppliers with excess capacity, and are striving to reduce costs, including laying off workers, as Chinese EV makers expand in Europe. It reported quarterly sales of 5.43 billion euros (USD 5.82 billion) in comparison to 5.48 billion in the year-earlier period.

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Baua Electric

JUNE 25, 2024

Volkswagen will initially invest USD 1 billion in Rivian and a further USD 4 billion in investments later, the companies said. electric-vehicle maker Rivian as part of a new, equally controlled joint venture to share EV architecture and software, the companies said on Tuesday.

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Teslarati

MAY 27, 2024

Hyundai Mobis expanded its electric vehicle (EV) investments to auto parts and chips. Hyundai Mobis is Hyundai Motor Group and South Korea’s leading auto parts maker. Mitchell Yun, from Mobis Ventures Silicon Valley, announced that Hyundai Mobis would expand EV investments in auto parts this year.

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Baua Electric

JULY 22, 2024

These BES systems can thus act as a compliment to the power banking facilities provided by transmission companies. As per conventional models followed by energy companies, the costs of electricity charged to end-customers should be derived by factoring in the costs associated with BES projects.

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The Truth About Cars

JANUARY 5, 2024

News broke earlier this week that Stellantis would pull out of auto shows, including the upcoming Chicago Auto Show, for the foreseeable future. We reached out to the Chicago Auto Show folks about that, and have not yet heard back. Having one of the Detroit Three pull out of auto shows leads to ringing of alarm bells.

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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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Baua Electric

SEPTEMBER 13, 2024

Read more The new products come at a low ticket price and should be important additions to the cleaning kits of car and bike enthusiasts Castrol India has announced new car cleaning products that will now be available as part of its Auto Care range. Castrol’s Auto Care product range starts from as low as ₹ 110.

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Baua Electric

MAY 10, 2024

Motional is a joint venture between Hyundai Motor Group and auto parts supplier Aptiv. Autonomous vehicle technology company Motional has sacked around 550 employees, or about 40% of its workforce, in the US, reports said on Saturday. Motional is a joint venture between Hyundai Motor Group and auto parts supplier Aptiv.

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Baua Electric

JANUARY 26, 2024

The program is slated for launch in 2025 with a peak annual sales value of INR 80 crore, the company said in a media release. The company selected Aguascalientes because of its strategic location in the heart of Mexico.

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Baua Electric

AUGUST 16, 2024

Rivian (RIVN) has temporarily paused Electric Delivery Van (EDV) production at its Normal, IL plant due to a parts shortage. A company spokesperson confirmed the news on Friday as Rivian faces its latest hurdle. According to Reuters , Rivian has paused EDV production because of a parts shortage. “A

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Baua Electric

APRIL 22, 2024

This move is to meet the growing demand for high-quality driveline solutions for Battery Electric Vehicles (BEVs) in North America, the company said. The new facility will specialize in producing differential assemblies and reduction gears meticulously designed for BEVs.

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Mexico Parts North America Auto 52

The Truth About Cars

AUGUST 1, 2024

Some extended auto warranty and service contract providers have earned a bad rap over the years for deceptive business practices and harassing potential customers. Part of the complaint relates to CarShield’s use of Ice-T and Allen Iverson to endorse its products.

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Teslarati

JUNE 29, 2023

During the first four months of the year, Toyota saw a notable decline in its rankings, and part of it is likely due to electric vehicle maker Tesla. As noted in an Automotive News report, Toyota’s drop could be due to conquests by Tesla, as the EV maker saw a rise in migrations for nearly every mainstream auto brand.

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Toyota Parts Tesla Chevrolet 145

Baua Electric

MARCH 27, 2024

RRP Electronics , a company backed by former cricketer Sachin Tendulkar , on Tuesday announced an investment of INR 5,000 crore for a semiconductor facility in Maharashtra. The investment will be done over the next five years, the company said in a statement.

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Electric Cars Report

JANUARY 12, 2024

Hyundai Motor Company unveiled the ‘IONIQ 5 N NPX1,’ a concept model equipped with prototype N Performance Parts, at the Tokyo Auto Salon 2024.

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Baua Electric

JUNE 30, 2024

subsidiary after discovering it forced subcontractors to store auto parts molds without paying the costs, local media reported on Sunday. Japan’s antitrust watchdog plans to issue a warning to a Toyota Motor Corp. Toyota Customising & Development Co. Toyota Customising & Development Co.

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Baua Electric

MARCH 6, 2024

New Delhi: The Automotive Component Manufacturers Association of India ( ACMA ) at the 58th edition of the ACMA Excellence Awards and the 9th Technology Summit on March 05, 2024, recognized the exceptional contributions and achievements of 59 auto component manufacturers, and gave away 112 awards under various categories.

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Baua Electric

SEPTEMBER 20, 2024

That sets the tone, with companies showing off all their hottest concepts and forward-thinking new projects. Year 3 is more insular, with the manufacturers bringing in salespeople to get them trained on new products and prepare them for how to talk about what the company is planning to show at next year’s ConExpo.

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Baua Electric

MAY 20, 2024

A report by Senate Finance Committee Chairman Ron Wyden’s staff said BMW imported 8,000 Mini Coopers with parts from a Chinese supplier banned under a 2021 law and that BMW continued to import products with the banned parts until at least April. VW said on Monday it has since replaced the parts in all vehicles held at U.S.

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Baua Electric

MAY 9, 2024

Singh went on to explain that though the geopolitical situation and Chinese companies’ march was in no one’s control, Sona Comstar’s strategy is “try to get as many customers as possible. The company believes this will satisfy customers who want the (low) pricing of India delivered by a facility close to their own factories.

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Teslarati

JUNE 14, 2023

It involves the use of house-sized machines that are able to produce aluminum parts that are significantly bigger than anything traditionally used in auto manufacturing. The giga casting machines are extremely expensive, so they are great for companies like Tesla, which only produces a few models.

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Baua Electric

JULY 18, 2024

Gupta highlighted that Auto LPG, described as a ‘Net Zero Hero,’ generates 20% less CO2 than petrol and 60% less than diesel. Suyash Gupta , Director General of IAC, has reached out to the executives of these companies, emphasizing the significant advantages of Auto LPG. million tonnes.”

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Baua Electric

FEBRUARY 6, 2024

The CPR training program is part of Eco Mobility’s commitment to create a safer and more secure riding experience for its customers. This program was conducted in collaboration with some of the leading healthcare providers in the respective cities, the company said.

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