Baua Electric

MARCH 1, 2024

The Union Cabinet’s nod to three upcoming semiconductor manufacturing units is a step towards self-sufficiency and makes the country’s dream of becoming a global chip making destination achievable, according to industry players. By 2027 we will have the FAB and OSAT units producing.

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Baua Electric

FEBRUARY 28, 2024

“Since 2018, our footprint in the connected car industry has been significantly growing and we look forward to our extended connectivity partnership with BMW Group in the coming years,” Jacques Bonifay, CEO of NTT DATA’s global MVNO Transatel, said.

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Baua Electric

MARCH 22, 2024

Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Spark Minda rolls out million 2W keyless system for Indian and global markets – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

MAY 7, 2024

Tata Communications CloudLyte is at the forefront of edge computing and adeptly caters to the needs of global enterprises through its multi access, cloud, and infra agnostic architecture. Solution in a box’ enables enterprises with swift deployment (within minutes), and effortless scaling as required, thus future proofing investments.

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Baua Electric

MAY 9, 2024

Chinese battery makers grew faster than rivals to account for more than two-thirds of global EV battery capacity last year, according to data from consultancy Counterpoint Research. It has a plant in Nevada and has broken ground on a second one in Kansas, which would take its auto battery capacity to 80 gigawatt hours (GWh) a year.

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Baua Electric

FEBRUARY 28, 2024

“The Global Summit & Expo’s success underscores electric vehicles’ transformative potential and manufacturing opportunities in India,” Shradha Suri Marwah, President, ACMA, and Managing Director, Subros Ltd. billion to 4 billion in manufacturing and R&D over the past five years. participated in the expo.

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Baua Electric

MARCH 13, 2024

The three chip manufacturing and assembly facilities will help in making India a global semiconductor hub and will also raise the country’s profile in the global semiconductor value chain,” Prime Minister Narendra Modi on Wednesday said. It has been made possible only in 2024.

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Baua Electric

MARCH 20, 2024

Ratan Tata Manufacturing of semiconductors in Assam will put the state on the global map, said industrialist and philanthropist Ratan Tata , whose conglomerate has put in INR 27,000 crore in investments for a semiconductor plant in Jagiroad. “This new development will put Assam on the global map.

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Baua Electric

MAY 9, 2024

China is the world’s largest lithium battery market, accounting for some 57% of global demand in 2022, according to the Economist Intelligence Unit. China is the world’s largest lithium battery market , accounting for some 57% of global demand in 2022, according to the Economist Intelligence Unit.

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Baua Electric

FEBRUARY 6, 2024

This partnership not only strengthens our global footprint but also reaffirms our commitment to delivering excellence in every component we manufacture. Lalit Kumar Khetan , Whole Time Director and CFO, Ramkrishna Forgings, said, “We are honored to be chosen as the preferred supplier for such a significant contract.

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Baua Electric

JANUARY 31, 2024

Sona Comstar ), one of the leading global providers of automotive technology solutions, has announced its participation in the inaugural season of Bharat Mobility Global Expo 2024 , scheduled to take place at Bharat Mandapam, Pragati Maidan, New Delhi from February 1 to 3, 2024. New Delhi: Sona BLW Precision Forgings Ltd.

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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. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Tata Technologies to invest USD 1.8

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Baua Electric

MAY 3, 2024

Luminar is also looking to sub-lease some of its facilities in portions or fully, reducing global footprint as part of the restructuring. The company launched its latest lidar sensor, Halo, in April, partnering with auto-software maker Applied Intuition to aid car makers in testing their assisted-driving systems.

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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

JANUARY 27, 2024

New Delhi: The global semiconductor industry ‘s revenue declined 8.8% Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Global chip revenues decline 8.8% in 2023: Report – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

MAY 3, 2024

Executives at the North Carolina-based company spoke in a call with analysts a day after reporting first quarter revenue was down 47% year-on-year due to lower lithium prices tied to a slowdown in the growth of global EV sales. Albemarle maintained its outlook for the year, in which it plans to spend between USD 1.6 billion and USD 1.8

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Baua Electric

MAY 2, 2024

As part of the agreement, the engineers will also be trained and reskilled by the LTTS Global Engineering Academy. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post LTTS wins USD 48 mn deal with European auto parts supplier Forvia – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

MAY 3, 2024

.” Companies involved in formation of the scheme include JK Files & Engineering (JKFEL), JKFEL Tools And Technologies Limited (JKTTL), Ring Plus Aqua Limited (RPAL), Maini Precision Products Limited (MPPL), Ray Global Consumer Enterprise Limited (RGCEL) and other subsidiaries.

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Baua Electric

JANUARY 10, 2024

New Delhi: MG (Morris Garages), a British automobile brand with a 100-year-old legacy, showcased its EV portfolio at the Vibrant Gujarat Global Summit 2024. As a significant contributor to the state’s economy, MG has invested INR 7,000 crore in Gujarat, rolling out over 2,00,000 cars from its manufacturing plant in Halol, Gujarat.

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Baua Electric

JANUARY 11, 2024

.” The second day of the Vibrant Gujarat Global Summit witnessed a significant announcement by Chief Minister Bhupendra Patel as he reaffirmed the state’s commitment to becoming a hub for the semiconductor industry, which was proposed in 2022.

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Baua Electric

MAY 9, 2024

Honda has set a global target of achieving carbon neutrality in all its products and corporate activities by 2050. New Delhi: Honda R&D (India) Private Limited (HRID), a subsidiary of Honda Motor Co., The company is working to make a wide range of its products carbon neutral in terms of their power sources.

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Baua Electric

APRIL 12, 2024

“We must oppose unilateralism and protectionism and protect the global supply chain,” the minister said. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Visiting Chinese trade official warns EU on greentech probe – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

MARCH 13, 2024

New Delhi: Global logistics major DHL Express on Wednesday said it will invest over INR 1,600 crore in India in next five years, taking note of the country’s rapid economic growth and expectations of its connectedness rising “swiftly” in coming years.

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Baua Electric

APRIL 25, 2024

Global carmakers, including BYD Co., Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Battery stocks’ rally may extend after USD 2 billion surge – ET Auto appeared first on Bauaelectric Auto News. A rally of 45% has made Exide Industries Ltd. and Kia Corp.

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Baua Electric

APRIL 11, 2024

In a boost for the country’s semiconductor industry , the India Electronics and Semiconductor Association ( IESA ) on Wednesday forged an alliance with global industry association SEMI.

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Baua Electric

JANUARY 23, 2024

The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday. India has emerged as the automotive powerhouse and the world is looking at us.

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Baua Electric

MAY 1, 2024

Auto engineering company Sona Comstar is planning to invest INR 1,200 crore over the next three financial years to productionise its INR 22,600crore order book of which just under INR 18,000crore are EV segment orders. Of the EV orders , 80% is global business and 20% is domestic.

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Baua Electric

APRIL 8, 2024

It also dominates global supplies of many other industrial metals needed for the energy transition: a source of worry for western leaders with net zero targets to meet. ” Rahim did not say what global copper demand would be in 2030. .” ” Rahim did not say what global copper demand would be in 2030.

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Baua Electric

MAY 2, 2024

Softening Electric Vehicle (EV) demand has knocked down global lithium prices , hitting lithium producers such as Albemarle. Albemarle , the world’s largest producer of lithium for electric vehicle batteries , on Wednesday missed first quarter profit estimates on lower prices.

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Baua Electric

JANUARY 17, 2024

Global demand for semiconductors began to weaken in the second half of 2022, but analysts say inventories at smartphone and computer makers are running down and restocking demand is expected to pick up. Revenue in the final three months of last year came in at T$625.5 billion ($20.10

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Baua Electric

MARCH 14, 2024

The Pune global capability centre will be one of the key pivots for this objective and will employ advanced analytics to develop cutting-edge filtration technologies. It will support the company’s global business functions of engineering, product management, IT, supply chain etc. India is very important to us as a business.

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Baua Electric

JANUARY 29, 2024

Former Disney+ Hotstar EVP and Chief Marketing Officer Sidharth Shakdher has joined ANI Technologies ( Ola Mobility) as the global Chief Business Officer , multiple sources privy to the development told ET. The source also stated that growth, marketing, and new initiative functions across Ola globally will report to him.

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Baua Electric

MAY 5, 2024

Further, there is widespread demand for microchips worldwide, and we expect global buyers to be excited about a new option from India,” said Shashwath TR, chief executive and cofounder of Mindgrove Technologies. . “India consumes over a billion chips a year and anywhere between 10 and 50 million of them can be replaced by Secure IoT.

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Baua Electric

APRIL 8, 2024

Chinese ride-hailing giant Didi Global said its self-driving unit’s joint venture with EV maker GAC Aion has received a business license, registering itself as the first JV in China for mass production of fully self-driving electric robotaxis in the country.

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Baua Electric

MARCH 29, 2024

New Delhi: Auto components maker ZF Rane Automotive India Pvt Ltd, on Friday, announced the acquisition of steering wheels manufacturer TRW Sun Steering Wheels Pvt Ltd for an undisclosed sum. Gurugram-headquartered TRW Sun Steering Wheels (TSSW) is a JV between the Sun Group and ZF Group globally.

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Baua Electric

APRIL 1, 2024

New Delhi: The BMW Group and Tata Technologies , a global product engineering and digital services company, have announced that they have signed an agreement to form a Joint Venture (JV) to establish an automotive software and IT development hub in Pune, Bengaluru and Chennai.

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Baua Electric

JANUARY 10, 2024

On the second day of the Vibrant Gujarat Global Summit , Ashwini Vaishnaw , Minister of Electronics and Information Technology, underlined the transformative vision for India’s development and called for the establishment of a semiconductor research centre at IIT Gandhinagar.

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