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Zomato to liquidate Vietnam subsidiary after shutting Poland business – ET Auto

Baua Electric

Zomato has initiated the liquidation process for its Vietnam business, Zomato Vietnam Company Limited (ZVCL), the food delivery platform said in a regulatory filing on the BSE on Thursday.

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AIDA servicing evolving needs of the auto industry | Autocar Professional

Baua Electric

Since 1917, AIDA has led the metal-forming industry as the well-known manufacturer of metal-forming systems, particularly servo and mechanical presses for various applications in the global automotive and component industries, including OEMs and Tier 1 to Tier 3 suppliers. AIDA specialises in metal forming equipment for the industry.

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Vietnam EV maker VinFast to record within the U.S. by way of a SPAC

Baua Electric

Dim Spade Acquisition is a Hong Kong-based SPAC which indexed at the NYSE in mid-July 2021 with a plan to merge, inside of two years, with an organization preferably within the leisure industry, in line with its web page. The post Vietnam EV maker VinFast to record within the U.S.

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Request government for protectionist measures in Budget; remove duty on raw materials: Abhyuday Jindal – ET Auto

Baua Electric

Speaking further on Budget expectations, the JSL MD said severe dumping is happening from China, Vietnam, and certain countries with which India has Free Trade Agreements (FTAs). This is putting severe pressure on MSMEs and preventing the stainless steel industry from becoming aatmanirbhar, he said.

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Italian Vespa maker Piaggio launches AI-driven factory robot – ET Auto

Baua Electric

The Italian company said it would use the robot on the production lines of its motorbike brand Moto Guzzi in Italy, and later in other factories in Italy, India, Vietnam and Indonesia. The device, named “kilo” and developed by the group’s U.S.

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Malaysia to build massive chip design park: PM – ET Auto

Baua Electric

Malaysia’s leader on Monday announced plans to build a massive semiconductor design park , aiming to boost the Southeast Asian nation’s role in the global chip industry. Now it wants to go beyond production and emerge as a chip design powerhouse too, Prime Minister Anwar Ibrahim said Monday.

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VinFast to build EV and battery factory in North Carolina

Green Car Congress

Vietnam-based VinFast and the government of North Carolina signed a memorandum of understanding (MOU) for the establishment of VinFast’s first North American manufacturing plant. Recently, Vingroup started construction of a battery plant in Ha Tinh, Vietnam on a 8 hectare plot for phase 1, with a capacity of 5 gigawatt hours (GWh) per year.