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

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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Green Car Congress

JULY 7, 2022

CARIAD, the Volkswagen Group’s software company, has selected BlackBerry QNX technology as one component of its software platform VW.OS. Announced as part of Volkswagen Group’s NEW AUTO strategy, CARIAD is developing a unified software platform that consists of VW.OS, the Volkswagen Cloud VW.AC

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Green Car Congress

DECEMBER 15, 2022

TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.

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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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Teslarati

JUNE 15, 2021

Tesla may be shunning numerous conventions when it builds its electric cars, but it appears that the company does know what it’s doing. This is, at least, according to auto parts giant Ningbo Tuopu Group Co., Tuopu also supplies parts for European companies such as Porsche, Audi, BMW, and Volkswagen, among others. .

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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 company did not disclose the how much it would invest in the centre.

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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

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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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

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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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 strategic location of the new plant in Mexico is poised to enhance the company’s supply chain efficiency and responsiveness to customer demands in the region, the release added.

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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

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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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

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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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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CN EV Post

MARCH 26, 2023

Wencan aims to supply products from near NIO 's plants by 2025, and the two companies will work together to arrange capacity expansion plans. | NIO US | NIO HK | NIO SG (Image credit: CnEVPost) NIO (NYSE: NIO) has entered into a strategic partnership with yet another auto parts giant that will provide supply support near its plants.

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Baua Electric

MAY 16, 2024

As part of the deal, ADMETOS is taking on around 600 employees in six countries. In the spare parts and accessories market, the sale of thermostats under the MAHLE and Behr brands will continue to be handled by the worldwide MAHLE Aftermarket network. “In

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Baua Electric

MARCH 13, 2024

Minda, CMD, Uno Minda Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry ‘s performance, what is your outlook for 2024? The past two years have seen a remarkable transformation in the Indian auto and auto component industry.

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Baua Electric

MAY 6, 2024

The relocation means a new career for 49-year-old Karaca, one of a rising number of workers in companies supplying Germany’s vital automotive sector who are being hit by a tsunami of redundancies. A local heating systems company, Stiebel Eltron , has proposed to take over the site and retain some employees for future production.

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Baua Electric

MAY 3, 2024

Auto parts supplier BorgWarner raised its full-year adjusted profit outlook on Thursday, aided by sustained demand from its exhausts, turbos and emission control systems. The company has benefited from automakers rushing to put out vehicles with smaller engines that are powerful and meet modern emission norms. to USD 4.00.

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Teslarati

MARCH 16, 2024

One major automotive outlet says Tesla is no longer just a luxury brand, in part due to its unique pricing strategy over the past few years. Tesla price cuts push EV market toward affordability with broader influence In 2022, Tesla’s prices were higher and were competing with companies such as Mercedes-Benz, Aston Martin and Lexus.

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Baua Electric

MAY 17, 2024

Making the demonstrator car was “a really obvious thing” to do, the company’s chief executive Lynn Calder told journalists at the unveiling this week. The young, fast-expanding company is part of petrochemicals giant and hydrogen producer Ineos, run by British billionaire and Manchester United stakeholder Jim Ratcliffe.

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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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Baua Electric

MARCH 6, 2024

Uno Minda, a leading auto parts supplier, acknowledges the recent surge in electric vehicle (EV) demand but anticipates a delayed need for corresponding aftermarket parts. ” Kher anticipates a significant demand for EV parts within the next 2–3 years.

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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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Electrek

JANUARY 12, 2024

During Tokyo Auto Salon 2024, Hyundai Motor Company offered a glimpse of a more customizable future for its “N” performance brand EVs. During the show, the Korean automaker unveiled the IONIQ 5 N NPX1 – a customized concept featuring several upgrades from N Performance Parts that will be available to customers in the future.

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Baua Electric

MAY 8, 2024

Self-driving technology company Motional said on Tuesday it would focus on developing its core technology and delay commercial robotaxi deployments, while it lays off staff as part of its restructuring process. Motional partners with ride-hailing platforms Uber and Lyft to provide driverless taxi services.

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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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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

JANUARY 18, 2024

Tata Technologies, which provides engineering services to auto, aero and heavy machinery makers, will set up skilling centres in 50 government-run industry training organisations. The latest investment is part of a larger commitment from Tata Group companies, such as Tata Consultancy Services and Tata Advanced Systems, to expand in the state.

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Baua Electric

MAY 19, 2024

The company has acquired additional land in Baddi for the expansion. The company is targeting a revenue of over INR 900 crore for FY24-25 and aims to reach INR 1,300 crore by 2026-27. The company remains dedicated to innovation, positioning itself to achieve its ambitious goals for the upcoming fiscal years.

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Baua Electric

APRIL 18, 2024

This integrated hardware-software approach significantly improves the processing latency of information and simultaneously reduces the CPU load and power consumption for network-related tasks, the company said in a media release. The new software was developed in close collaboration with leading hardware vendors, including Infineon.

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Baua Electric

FEBRUARY 7, 2024

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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Baua Electric

MAY 13, 2024

Ankush is part of the senior leadership or what is being internally referred to as a “ CXO team ”, amid a broader shift and restructuring at the ride-hailing firm following the exit of chief executive Hemant Bakshi. He had joined Ola Cabs from Hindustan Unilever around September 2023, but the company made it public only in January this year.

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Clean Fleet Report

SEPTEMBER 20, 2023

Tailored Auto Insurance Plans for Every Driver Steps To Get Exactly What You Need This article may contain affiliate links. Auto insurance is a fundamental requirement for anyone who operates a motor vehicle. There are many trusted insurance companies, one of which is Canada’s Wawanesa auto insurance company.

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