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Minda Corporation forms 50:50 JV with HSIN Chong Machinery Works Co. – ET Auto

Baua Electric

New Delhi: Minda Corporation Limited, the flagship company of Spark Minda , a leading automotive components supplier to OEMs and tier-1 customers, signed a joint venture (JV) agreement with HSIN Chong Machinery Works Co. HCMF ) from Taiwan, a leading global manufacturer of automotive sunroof and closure systems.

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First chip from Dholera plant by 2026 end: PSMC chairman Frank Huang – ET Auto

Baua Electric

The first semiconductor chip from the new plant being set up by the Tata Group and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) in Gujarat ’s Dholera, will be ready to roll out by the end of 2026, according to Frank Huang , chairman of PSMC. This fab will take India one step ahead.

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ACMA‘s Global Summit and Expo places India at the forefront of EV parts production, innovation – ET Auto

Baua Electric

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’. billion to 4 billion in manufacturing and R&D over the past five years.

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Fisker and Foxconn sign framework agreements for Project PEAR; new FP28 platform

Green Car Congress

Our partnership with Foxconn enables us to deliver those industry firsts at a price point that truly opens up electric mobility to the mass market. Our work with Fisker aligns with our corporate 3+3 platform, and thanks to our MIH Alliance, Foxconn will be able to work with suppliers from across the world for Project PEAR.

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Lumax and Italian ally gear up for new vehicle emission dynamics – ET Auto

Baua Electric

From a supplier’s point of view, this was testimony to the quality of its products for overseas markets and more so when it was being certified by the world’s top carmaker. New Delhi: It was a little over a year ago when Lumax Cornaglia Auto Technologies ( LCAT ) bagged an order for air intake auto systems from Toyota Motor Corporation.

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Bankrupt Lordstown Motors reaches $40 million agreement with Karma Car

Baua Electric

In June, electrical truck corporate Lordstown filed for chapter coverage and put itself up on the market later failing to get to the bottom of a dispute over a promised funding from Taiwan’s Foxconn. The post Bankrupt Lordstown Motors reaches $40 million agreement with Karma Car appeared first on Bauaelectric Auto News.

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Daimler takes 12% stake in Chinese parter BAIC Motor; first non-Chinese automotive company to acquire an interest in a Chinese OEM

Green Car Congress

Furthermore, BAIC will increase its stake in the production joint venture Beijing Benz Automotive Corporation (BBAC) by 1% to 51%. At the same time, Daimler will increase its stake in the integrated sales joint venture Beijing Mercedes-Benz Sales Service Corporation (BMBS) by 1% to 51%. BMBS); Mercedes-Benz Auto Finance Ltd.

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