The Truth About Cars

JANUARY 3, 2024

Stellantis pulled out of last year’s Los Angeles Auto Show and the Specialty Equipment Market Association (SEMA) trade show , stating that it was trying to save money amid the now resolved UAW strike. Stellantis says dealers can decide if they want to make an appearance at subsequent trade events while corporate takes a pass.

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Green Car Congress

FEBRUARY 4, 2022

TTTech Auto, a Vienna-based technology leader in automotive safety software, raised US$285 million (€250 million) from Aptiv PLC and Audi in its latest funding round. With this latest funding round and a valuation of more than US$1 billion, TTTech Auto confirms its strong position amid a growing number of auto tech unicorns.

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Baua Electric

SEPTEMBER 12, 2023

The corporate will get pleasure from taking the occasion to design EVs from the garden up rather of retrofitting batteries into current gas cars, Reuss mentioned. The post GM’s Reuss says corporate has laid groundwork for successful EVs appeared first on Bauaelectric Auto News.

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Electric Vehicles India

JULY 27, 2021

Anand Group partners Mando Corporation to develop EV components . Anand Group an Auto component maker has partnered with South Korea’s Mando Corporation to cater to the growth of the electric vehicles segment in India. Anand Group partners South Korea’s Mando Corporation.

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Baua Electric

NOVEMBER 7, 2023

The post Non-public corporations capitaltreasury maximum EV battery production funding, DOE says appeared first on Bauaelectric Auto News. As of September, there have been 208 personal sector funding bulletins in American-made battery applied sciences — 89 p.c of general investments.

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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. Now, to be clear, that decision is only from the corporate side – local dealers could still participate. Even within the past few years, Camp Jeep was a huge attraction at auto shows.

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EV Specifications

APRIL 25, 2024

Changan Mazda, a Chinese company receiving investment from Mazda Motor Corporation, unveiled the all-new Mazda EZ-6 BEV and PHEV and the Mazda ARATA - the design concept of a future EV.

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Baua Electric

JANUARY 11, 2024

BMW Group India, which registered 18 percent year-on-year (YoY) growth in CY23 , by cumulatively selling 14,172 cars under its BMW and Mini brands, also registered a 56 percent growth in corporate sales last year. We added over 50 new corporate clients, ranging from real-estate, consulting, IT, and healthcare, among other sectors in CY23.”

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Baua Electric

JANUARY 5, 2024

Minda Corporation and Pricol Ltd. The move was labelled a “hostile takeover” by many in the auto industry, setting the stage for a potential battle before the antitrust regulator. This obligation only applies to Minda Corporation and not the target company, Pricol. stakes worth Rs 400 crore in rival Pricol Ltd. .

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Baua Electric

JANUARY 2, 2024

Tata Motors, India’s largest commercial vehicle manufacturer, has supplied 100 electric buses to Assam State Transport Corporation (ASTC). The post Tata Motors supplies 100 electric buses to Assam State Transport Corporation | Autocar Professional appeared first on Bauaelectric Auto News.

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Baua Electric

OCTOBER 18, 2023

The post Lordstown Motors ex-CEO licensed to shop for corporate belongings for $10 million appeared first on Bauaelectric Auto News. LAS Capital, majority-owned by means of former CEO Steve Burns, will gain Lordstown’s highbrow component, trade data, and equipment together with meeting traces for EV motors and batteries.

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Electric Vehicles India

NOVEMBER 25, 2021

Alpha Motor Corporation SUPERSAGA electric performance sedan . Alpha Motor Corporation exclusively previewed the company’s striking performance edition sedan named SUPERSAGA at THE ZEVAS, the Los Angeles Auto Show’s inaugural zero-emission vehicle awards program powered by Electrify America last week. seconds. .

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The Truth About Cars

DECEMBER 13, 2023

General Motors announced its intention to drop Apple CarPlay and Android Auto on its upcoming EVs earlier this year. Tim Babbitt, GM's head of product for infotainment, said the following to MT: “CarPlay and Android Auto have stability issues that manifest themselves as bad connections, poor rendering, slow responses, and dropped connections.

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Baua Electric

JULY 3, 2023

The corporate will perform as a CDK trade, however CVR merchandise will proceed to combine with Reynolds and Reynolds and alternative DMS suppliers, CDK mentioned in its June 30 trade in announcement. based corporate for $8.3 Primarily based in Petaluma, Calif., “Reynolds was a minority owner of CVR. billion in July 2022.

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Green Car Congress

JUNE 15, 2023

AISIN Corporation, the fifth-largest Tier 1 auto supplier in the world, announced today that it will launch two new production lines with a total anticipated investment of more than $200 million at its AISIN North Carolina Corporation (ANC) facility in Durham, North Carolina.

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Electrek

SEPTEMBER 23, 2021

Tesla is fighting the rest of the auto industry in the US over respecting the Corporate Average Fuel Economy (CAFE) requirements set back in 2016. more… The post Tesla is fighting the auto industry over fuel economy standards appeared first on Electrek.

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Baua Electric

APRIL 23, 2024

Corporate Capital Ventures has been appointed as the sole Book Running Lead Manager for the IPO , with Skyline Financial Services Private Limited serving as the registrar. lakh equity shares valued at INR 10 each through the book-building process.

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Baua Electric

MARCH 5, 2024

Toyota Motor Corporation (TMC) has agreed with Panasonic Holdings Corporation (Panasonic HD) to make Primearth EV Energy Co., Among Toyota-affiliated companies, currently PEVE, Toyota Industries Corporation , and Prime Planet Energy & Solutions, Inc. The acquisition is scheduled to take place in late March.

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Baua Electric

MARCH 21, 2024

By adhering to regulatory guidelines and maintaining transparency, Bharat Forge said that it reaffirms its commitment to corporate governance and stakeholder confidence. The successful issuance of NCDs underscores the confidence investors place in Bharat Forge’s robust business model and its potential for sustained value creation.

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Baua Electric

APRIL 7, 2024

Vineet Agarwal, Managing Director of Transport Corporation of India (TCI), a leading logistics provider in the country’s automobile sector, anticipates a significant uptick in this approach in the coming years.

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Baua Electric

FEBRUARY 7, 2024

Swati Khandelwal will join Mahindra & Mahindra as Senior VP and Head – Group Corporate Communications, from 9 February. The post Swati Khandelwal to join M&M as Senior VP and Head – Group Corporate Communications | Autocar Professional appeared first on Bauaelectric Auto News.

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Baua Electric

MARCH 5, 2024

New Delhi: Eco Mobility , India’s premium car rental service provider, has launched its corporate car rental services in 10 new cities in India. Increasing the geographical reach of corporate car rental services is part of the company’s overall expansion strategy, and the company hopes to cover 125 cities by the end of FY 2025.

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Baua Electric

FEBRUARY 7, 2024

Credit rating agency Moody’s has upgraded South Korean automotive manufacturer Hyundai Motor Company’s corporate rating to A3 with a stable outlook, from a previous rating of Baa1, with a positive outlook.

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Baua Electric

MAY 14, 2023

Sellers, who as soon as had a hand in each and every pristine light-vehicle sale in California, have misplaced just about 12 % of the marketplace to Tesla, Rivian and Lucid, corporations that promote without delay to customers. Those corporations have discovered that initiation an auto corporate isn’t easy.

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Baua Electric

MAY 12, 2023

Allies of Gupta pressed the board in 2020 to advertise him to the function of co-CEO, hoping he would force the corporate’s turnaround and give a boost to its dating with long-term alliance spouse Renault SA, however the promotion didn’t materialize.

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Drive Electric

NOVEMBER 1, 2021

We are delighted to announce that DriveElectric has agreed a transformative deal with Sumitomo Corporation which will see an acceleration in our products and services to meet the increasing demand for electric vehicles in the UK. Sumitomo Corporation is a leading Fortune 500 global trading company, founded in 1919 in Japan.

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Baua Electric

SEPTEMBER 15, 2023

The Store of Montreal is exiting the retail auto finance trade, because it seems to redeploy sources to farmlands the place its “competitive positioning is strongest.” The proceed will lead to layoffs, however the corporate would no longer say what number of.

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Green Car Congress

NOVEMBER 25, 2020

The companies are joining efforts to implement the carbon-negative UBQ thermoplastic ( earlier post ) into auto parts manufactured by Motherson Group for the automotive industry. Global automotive Tier 1 manufacturer Motherson Group is collaborating with Israeli cleantech company UBQ Materials.

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Baua Electric

MARCH 20, 2024

Stellantis Ventures, the corporate venture fund of Stellantis N.V., We see a great benefit from having Stellantis’ corporate venture fund recognize our innovation so we can unlock large-scale adoption of LiDAR for industrial and mobility applications,” said François Simoens, co-founder and CEO of SteerLight. Representative image.

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Baua Electric

FEBRUARY 29, 2024

The NCR Transport Corporation has tied up with aggregator Rapido for feeder services from Sahibabad and Ghaziabad stations of the 17 km section of the Delhi-Meerut rapid rail corridor that is currently operational. Rapido services that will be available to commuters include auto rickshaws, 2-wheeler taxis and four-wheeler taxis.

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Teslarati

NOVEMBER 23, 2023

Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. Dongfeng Motors Corporation Ltd. The post Stellantis strengthens ties with China’s auto industry appeared first on TESLARATI. The Teslarati team would appreciate hearing from you.

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Baua Electric

JULY 21, 2023

And as capital markets situations deteriorated, pushed partially through the Federal Stock’s rate of interest hikes, Urmson mentioned in an inner memo the opportunity of Aurora being obtained through Microsoft, Apple or alternative corporations.

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Baua Electric

APRIL 17, 2024

Mining conglomerate Vedanta Ltd has secured an 11-year term loan of INR 3,918 crore from Power Finance Corporation Ltd ( PFC ), sources said. PFC is India’s largest power-sector lender and typically extends financing to corporations that own promising power projects and manufacture power-sector equipment.

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Baua Electric

MARCH 14, 2024

Subaru Corporation and Aisin Corporation have agreed to jointly develop and share production of eAxles for use in battery electric vehicles (BEVs) that Subaru will start producing from the latter half of the 2020s, by combining their knowledge and expertise in vehicle and transmission development.

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Baua Electric

APRIL 26, 2024

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. ” said Evangelos Simoudis, an investor and corporate adviser.

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Electric Vehicles India

APRIL 13, 2022

Bajaj Auto appoints Pitchfork Partners to lead strategic communication mandate. 13 th April, 2022 , Mumbai: Bajaj Auto, the world’s most valuable two-wheeler and three-wheeler company, has assigned the mandate for handling communication initiatives to Pitchfork Partners Strategic Consulting LLP.

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Baua Electric

JANUARY 17, 2024

After almost a year of investing in Pricol Ltd, Minda Corporation exited the automotive component maker by selling its entire 15.7% Pricol is Minda Corp’s largest rival in the two-wheeler instrument cluster business. stake through the open market on Wednesday.

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