Green Car Congress

FEBRUARY 25, 2021

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

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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

MARCH 18, 2024

Ganesh has decided to retire as Chairman from the operating entities of Rane Group , effective March 31, 2024. Ganesh became Chairman of Rane Group in November 2006. During his tenure, the group has grown from INR 1,050 crore to about INR 7,200 crore and enhanced the export sales from 12% to 24%, the company said.

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Baua Electric

MARCH 1, 2024

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.

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Green Car Congress

JANUARY 8, 2020

BMW Group has become the first member of the Initiative for Responsible Mining Assurance ( IRMA ) in the automotive sector. IRMA is a precedent-setting global certification program for industrial-scale mine sites. Raw materials form the basis for every industrial production process and our need will continue to grow accordingly.

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Green Car Congress

JANUARY 21, 2022

Members of the Corporate Electric Vehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electric vehicles that companies plan to acquire in the US over the next five years. Alliance members recognize that the future is electric.

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The Truth About Cars

JUNE 15, 2023

It’s no secret that various industries attempting to hoard customer data and redefine what constitutes ownership have created a groundswell of consumer resentment. That’s debatable when it could be similarly argued they’re already being taken advantage of by the industry.

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Baua Electric

JANUARY 31, 2024

Analysts say the group companies’ problems are likely to have a limited impact on Toyota’s earnings because their sales and profits are a small fraction of Toyota’s overall global earnings. Hours after the probe began at Toyota Industries Corp.’s Its group global vehicle sales for 2023 were a record 11.22

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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 28, 2024

The group has aggressively pursued cost optimization measures over the past few quarters, slashing production costs in its key segments aluminium and zinc, by 35% and 15% respectively over the past six quarters. Mining conglomerate Vedanta Group is eyeing USD 6 billion of pre-tax profits in the next financial year and scaling it to USD 7-7.5

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Baua Electric

JUNE 6, 2024

Geoffrey Bouquot’s most recent position was group CTO & senior vice president of strategy at Valeo. In this role, he was responsible for corporate strategy, R&D, public affairs and sustainability, marketing, and innovation. Greater efficiency and the further development of digitalization are the paths that lead to this goal.”

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Green Car Congress

FEBRUARY 13, 2022

Boston-based SES AI Corporation, a developer of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles and other applications, has incorporated its subsidiary SES Korea and plans to build a pre-production facility in South Korea. SK) and LG Corporation. It’s all about speed and winning the race.

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The Truth About Cars

NOVEMBER 8, 2023

Out-of-state, big-box auto retailers — that don’t speak for independent auto repairers — spent nearly $5 million trying to scare Mainers into thinking that the right-to-repair their vehicles was going away,” John Bozzella, president and CEO of Alliance for Automotive Innovation (AAI), stated in a release.

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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. The group plans to increase the operating capacity of its power business in India to 4.8 Vedanta’s power strategy is in focus amid the group’s ongoing demerger.

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Baua Electric

MARCH 7, 2024

Suzuki Motor Corporation and SkyDrive Inc. Updated On Mar 8, 2024 at 09:35 AM IST --> Published On Mar 8, 2024 at 09:35 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Driving ceremony photo.

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Baua Electric

MARCH 11, 2024

The Adani Group chief shared details of his meeting with Qualcomm CEO Cristiano R Amon on social media on March 11, saying that he is enthused by the chip giant’s work. The multinational corporation is known for its expertise in designing and manufacturing semiconductors and wireless telecommunications products.

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Baua Electric

FEBRUARY 28, 2024

New Delhi: The Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, successfully concluded the 4 th edition of its ‘Transforming Mobility 2024 -Global Summit & Expo’. Secretary, Ministry of Heavy Industries, Govt. participated in the expo.

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Baua Electric

MAY 7, 2024

Tata group’s chip foundry in Dholera, built in alliance with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC), has a planned capacity of up to 50,000 wafer starts per month. Experts, however, said this would not be at the scale of a Micron or Tata Group business. Tata Electronics did not respond to ET’s queries.

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Baua Electric

MARCH 6, 2024

Hanif Qureshi, Additional Secretary, Union Ministry of Heavy Industries, Vinod Aggarwal, Jury Chairman of the ACMA Excellence Awards, President of SIAM, and Managing Director & CEO of VECV; and Professor Paramjit S. Jaswal, Vice-Chancellor of SRM University (Haryana), among others attended the 58th ACMA Excellence Awards function.

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Green Car Congress

FEBRUARY 10, 2018

have established a partnership to provide platform services for the taxi industry. DiDi hopes to leverage on its AI strengths and national network to empower the entire automotive industry chain. Didi Chuxing, the world’s leading mobile transportation platform, and SoftBank Corp.

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Baua Electric

MARCH 31, 2024

New Delhi: Indian Oil Corporation Limited and Japan’s Panasonic Energy Co. a Panasonic Group company, have signed a binding term sheet to form a JV for manufacturing cylindrical lithium-ion cells in India for two-and three-wheel vehicles and energy storage systems, the public sector oil giant announced on Sunday.

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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. JSW Energy Ltd is one of the leading private sector power producers in India and part of the USD 23 billion JSW Group.

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Green Car Congress

APRIL 2, 2022

However, the flurry of announcements from the OEMs could also be interpreted as a high-stakes game of one-upmanship or a corporate PR exercise to boost investor confidence. VW Group stays on the top of the list with a US$100.5-billion Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group.

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Baua Electric

FEBRUARY 3, 2024

Tier-1 major Anand Group, which set up a new subsidiary – Anevolve – to focus on green technology and clean mobility solutions, has showcased a range of innovative products, targeted at the fast-growing EV industry, at the ACMA Automechanika 2024 / Bharat Mobility Show at Pragati Maidan in New Delhi.

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Green Car Congress

SEPTEMBER 10, 2016

Auto parts supplier DENSO Corporation, Fujitsu Limited, and Toyota Motor Corporation have reached a basic agreement to start consideration of changing the capital structure of automotive electronics manufacturer FUJITSU TEN, in which the three companies have stakes. DENSO is part of the Toyota Group. After change.

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Baua Electric

MARCH 22, 2024

New Delhi: Minda Corporation Limited, the flagship company of Spark Minda , has rolled out of its 1 millionth two-wheeler smart keyless system from its manufacturing facilities. The Smart Keyless System has transformed vehicle interaction, offering consumers convenience, security, and peace of mind, the release added.

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Green Car Congress

MAY 3, 2023

Up to now, SKIET has been supplying separators for IT and electronic products to the Sunwoda Group. Sunwoda’s major customers for its batteries include Geely Auto Group, Dongfeng Cummins Engine Co., Shanghai Automotive Industry Corporation Motor, Volvo Cars, and Volkswagen.

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Baua Electric

JANUARY 22, 2024

KSRTC looks to lease out the under performing Basaveshwara bus terminus in Peenya , presenting opportunities for private development and revenue generation amidst financial challenges The Basaveshwara bus terminus in Peenya has proven to be a financial burden for the cash-strapped Karnataka State Road Transport Corporation (KSRTC).

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Baua Electric

FEBRUARY 27, 2024

At present, NextWave Communications holds a 76.55 % stake in the company, and HFCL, part of the promoter group, owns a 7.74 % shareholding. Monarch Networth Capital, Unistone Capital , and Systematix Corporate Services are the managers to the offer. Overall, promoters hold a 93.28 % stake in Exicom Tele-Systems.

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Green Car Congress

JANUARY 8, 2014

Percentage of Global R&D Spending by Industry, 2013. A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Click to enlarge. —Center for Automotive Research. Click to enlarge.

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Baua Electric

APRIL 27, 2023

In another resolution, Philipp von Hirschheydt (48) was appointed new Executive Board member for the Automotive group sector effective May 1, 2023. As planned, Setzer will thus hand over his additional responsibility for the Automotive group sector in order to concentrate on his duties as CEO.

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Baua Electric

MARCH 8, 2024

After completing the corporate insolvency resolution process (CIRP), BSL was taken over by Tata Steel Limited in 2018. After completing the corporate insolvency resolution process (CIRP), BSL was taken over by Tata Steel Limited in 2018. Singal was arrested by the ED in June 2023 and he is currently in jail under judicial custody.

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Baua Electric

MARCH 13, 2024

A threat by the Netherlands’ largest company ASML to quit the country if it cannot grow there has laid bare wider corporate concerns that the nation’s business climate is deteriorating. state of Arizona, and BE Semiconductor Industries in Vietnam. “You’d need two hands to count them.”

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Green Car Congress

APRIL 20, 2017

At Auto Shanghai 2017, Dana Incorporated is showcasing select technologies from its Spicer Electrified portfolio of fully integrated motor, control, and e-drive technologies, as well as thermal-management products for electric and hybrid vehicles. Spicer SmartConnect disconnecting All-Wheel-Drive technology for SUVs, light vehicles.

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Electric Vehicles India

JANUARY 20, 2023

One of the top companies in the electric automobile market, Saera Electric Auto Private Limited (SEAPL), has agreed to finance vehicles through the non-banking financial corporation (NBFC), AMU Leasing Pvt. AMU Leasing Private Limited (ALPL) is a 24 September 1993-founded NBFC with its headquarters in Delhi and an RBI licence.

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Green Car Congress

OCTOBER 28, 2021

Start-up solid-state battery company Factorial Energy , Hyundai Motor Company and Kia Corporation are partnering to test Factorial’s novel solid-state battery technology and its integration in Hyundai electric vehicles.

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Green Car Congress

JUNE 23, 2023

In 2023, the industry average is 192 PP100. The automotive industry is facing a wide range of quality problems, a phenomenon not seen in the 37-year history of the IQS The industry is at a major crossroad and the path each manufacturer chooses is paramount for its future. According to the newly released J.D.

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