Baua Electric

MARCH 16, 2024

The company remains a dominant force globally, leading in EV battery consumption volume for seven consecutive years with a 36.8% market share in 2023. The company remains a dominant force globally, leading in EV battery consumption volume for seven consecutive years with a 36.8% market share in 2023. rise Y-o-Y.

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Baua Electric

APRIL 24, 2024

AA-T) and AISIN Automotive Haryana Private Limited (AHL), to market and sell the auto components in independent aftermarket for passenger car products. This Venture will capitalize on ASK and AISIN Brands, providing a diverse portfolio to cater to evolving market demands.”

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Baua Electric

MAY 30, 2024

China is seeking to cement its lead in the global EV market after early and heavy investment in domestic supply chains helped it become the most cost-competitive battery and EV producer in the world. Many auto industry officials and analysts expect solid-state batteries will determine the competitiveness of the next-generation EVs.

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Baua Electric

MAY 26, 2024

New Delhi: Hyundai Mobis , South Korea’s leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year. Yun also noted that while the demand for EVs in the global market has slowed temporarily, the industry will eventually move toward eco-friendly cars.

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Baua Electric

MAY 29, 2024

The Indian Government’s continued focus on infrastructure and higher allocation in the interim budget is driving growth in end markets of interest for the company. At the same time, internationally, geopolitical risks and conflicts continue to pose uncertainty about global trade and supply chain disruptions.”“The

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Baua Electric

MAY 28, 2024

With our established market dominance and track record, we see a strong growth trajectory here.” Difacto, with three factories in Bengaluru and branches in Pune and Gurgaon, operates globally. Stakeboat Capital is a Bengaluru-based private equity fund focused on Indian businesses that are at the low-end of the mid-market.

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Baua Electric

MAY 27, 2024

Toyota, which has benefited from an uptake of petrol-electric hybrids in markets such as the U.S. Chairman Akio Toyoda in January said EVs would reach a global auto market share of 30% at most, with hybrids, hydrogen fuel-cell and fuel-burning vehicles making up the rest. It said its new 1.5 It sold about 2.4

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Baua Electric

JANUARY 25, 2024

Global semiconductor sales are expected to grow from USD 600 million this year to more than USD 1 trillion by 2030, and all capacity currently planned in China will be needed. “It’s totally unrealistic,” he said of the target set by the EU Commission amid shortages of chips for cars during the COVID-19 pandemic. .

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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

MAY 15, 2024

in SKIET, whose market value stood at 4.09 The report added that SK Group has recently decided on a plan to sell SKIET’s management rights and began contacting potential buyers through major global investment banks. in SKIET, whose market value stood at 4.09 SK Innovation owns a stake of 61.2% trillion won (USD 3.01

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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

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. Panasonic Energy has sought to expand its footprint in the North American market.

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Baua Electric

JANUARY 27, 2024

SK hynix and Micron, two other major players in the memory market, also reported huge declines in their revenues at 33% and 36% YoY, respectively. New Delhi: The global semiconductor industry ‘s revenue declined 8.8% in 2023: Report – ET Auto appeared first on Bauaelectric Auto News.

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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 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

MAY 30, 2024

The joint venture’s complementary product portfolio and regional footprint could offer solutions for 80% of the growing global hybrid and combustion powertrain market. This project will aid both the companies from immediate scale effect and market coverage enhancement.

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Baua Electric

MAY 20, 2024

growth largely driven by the United States and other markets while Europe continuing to remain ‘sluggish’ The hydraulics business did particularly well both in exports and in terms of profitability, he added. New programmes with global customers are likely to begin in Q4 of this year.”

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Baua Electric

MAY 21, 2024

The company will decide investments based on commitments it gets from automakers, Kusumi said, adding that it was assessing mid- to long-term market demand. The company will decide investments based on commitments it gets from automakers, Kusumi said, adding that it was assessing mid- to long-term market demand.

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Baua Electric

JANUARY 24, 2024

GlobalData’s latest report, “Global Sector Overview & Forecast: Electric Motors” reveals that the electric motors market in APAC is estimated to reach 478.4 Against this backdrop, the APAC automotive electric motors market is forecast to post a 3.1% The electric motors market is thriving in the APAC region.

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Baua Electric

APRIL 25, 2024

Exide and Amara Raja added a combined market value of about USD 2 billion in April as investors boosted their bets in the nascent clean car market. Global carmakers, including BYD Co., are doubling down on the burgeoning electric vehicle market in the South Asian nation as sales cool in China, the US and Europe.

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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. He said “Incredible India” is not just for tourism but also for businesses in the country.

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Baua Electric

MAY 28, 2024

In the last financial year we strengthened our global presence by entering the North American and European markets, placing our products in over 50 countries.” Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Amara Raja Energy & Mobility Q4 FY24 PBT at INR 305.34

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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. billion in the year-earlier period, but that still beat both the company’s and market’s expectations. billion ($20.10

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Baua Electric

JANUARY 29, 2024

Prior to joining Ola, Shakdher was part of the founding leadership team of Disney+ Hotstar and led the platform’s marketing, international growth, and D2C business. 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 19, 2024

“Globally, our competitors are sitting at less than 75% extraction efficiency, whereas we are at 98%. Our capex requirement for extraction is around USD 3,250 per tonne, whereas the global capex per tonne is between USD 5,500 to 10,000. We have the lowest opex in the world,” Gupta said.

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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

APRIL 12, 2024

“We must oppose unilateralism and protectionism and protect the global supply chain,” the minister said. Also this week, Brussels launched a preliminary review of possible market distortions by Chinese wind turbine makers. Earlier this week, Wang was in France where he met French Finance Minister Bruno Le Maire.

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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. I actually see India becoming one of the fastest growing markets in the world for us,” added Disher. India is very important to us as a business.

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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. In February, the French-German firm had announced plans to cut 13% of its workforce in Europe over the coming years to boost competitiveness and profitability in a sluggish and shifting car market.

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Baua Electric

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. As per industry estimates, about 4.1

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Baua Electric

MAY 27, 2024

Dilip Sawhney, managing director, Rockwell Automation India, said, “We are excited to partner with Azzurro to bring Rockwell’s solutions to the Sri Lankan market. Sri Lanka’s strategic location, skilled workforce and government support make it an attractive destination for global companies like Rockwell Automation.”

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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 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

MARCH 13, 2024

This agreement takes place following a successful rigorous testing and validation process to meet the demanding Indian market requirements, as well as for other global markets of Mahindra, the company said in a media release. We are proud to collaborate with India’s leading OEM.

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Baua Electric

MARCH 25, 2024

ZF Lifetec is one of the leading passive safety equipment providers with a global presence of 46 locations across 18 countries and a market share of more than 20% of global sales in its core product categories. We are aiming for growth, driven by automotive megatrends and globally rising levels of safety regulations.

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Baua Electric

APRIL 7, 2024

It said the two partners would share market intelligence about “non-market” policies and practices, which they argue prevail in China, and consult on planned action to address distortions on the global supply chain. were taking “the next steps” regarding legacy semiconductors. .

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Baua Electric

MARCH 26, 2024

This year Nissan will export the South African built Navara pickup trucks to new markets of Algeria, Libya, Sudan, Tunisia and Egypt, Nissan Africa product Marketing Director Stefan Haasbroek said. According to Nissan, elsewhere in the world the global motorization average is 182 vehicles per 1,000 people versus 42 per 1,000 in Africa.

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