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. compared with sales of 3.79

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CN EV Post

MARCH 22, 2023

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.

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Baua Electric

APRIL 23, 2024

The proceeds from the IPO are intended for use in meeting working capital requirements and expanding battery manufacturing capacity. Based in Noida, RCRSIL manufactures and markets Lithium-Ion batteries and solar panels under the EXEGI brand, from its two manufacturing plants in the Delhi-NCR region.

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Baua Electric

MAY 21, 2024

Even as CV industry players, including Ashok Leyland launch CNG and LNG trucks, these fuel need not be pushed as that may amount to “just distracting ourselves”. The Union Government’s directive to the industry is also clear – move away from fossil fuels including diesel. For the CV industry , it can be a case of easier said than done.

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Baua Electric

MAY 1, 2024

Indian battery-maker Exide Industries beat fourth-quarter profit expectations on Tuesday, helped by higher demand in its automotive and industrial products segments. Earlier this month, South Korea’s Hyundai Motor and Kia Corp partnered with Exide Industries ‘ unit Exide Energy Solutions to supply batteries for their EVs.

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Green Car Congress

JUNE 1, 2022

TTTech Auto and ZettaScale Technology are partnering to provide advanced communication technologies for software-defined vehicles. The partnership includes an investment by TTTech Auto in ZettaScale Technology as part of TTTech Auto’s growth strategy after its funding round earlier this year.

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Baua Electric

APRIL 22, 2024

New Delhi: Pavna Industries Limited, a leading automotive parts manufacturer has inked an agreement with Ola Electric to supply ignition switches and latches, consolidating its foray into the electric two-wheeler segment. Ola Electric Mobility, headquartered in Bengaluru, is India’s largest electric two-wheeler manufacturer.

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Green Car Congress

DECEMBER 17, 2018

Cyber hacks might cost the auto industry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection. billion, while we are seeing that the cost for the industry as a whole could reach $24 billion by 2023.

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Baua Electric

FEBRUARY 29, 2024

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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Green Car Congress

JANUARY 13, 2023

TTTech Auto has launched the Electronic Controls Design House (ECDH) to help automotive manufacturers transition to the software-defined vehicle. The offering includes off-the-shelf electronic control units and services such as prototype development or design, industrialization, production and logistics of customized hardware.

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Green Car Congress

NOVEMBER 25, 2020

Global automotive Tier 1 manufacturer Motherson Group is collaborating with Israeli cleantech company UBQ Materials. The companies are joining efforts to implement the carbon-negative UBQ thermoplastic ( earlier post ) into auto parts manufactured by Motherson Group for the automotive industry. UBQ Industrial Grade.

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Parts Carbon Auto Polymer 362

Baua Electric

MARCH 11, 2024

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The automotive industry is in transition.

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Baua Electric

JANUARY 12, 2024

This collaboration will enable SkyDrive to cater to the global UAM market, including India. Engineering & tech solutions provider Cyient has entered into a memorandum of understanding (MoU) with Japanese electric vertical takeoff and landing ( eVTOL ) aircraft manufacturer SkyDrive Inc.

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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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The Truth About Cars

AUGUST 14, 2023

million units manufactured in 2022. Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Build Your Dreams, or BYD, is likely one of the largest companies you’ve never heard of.

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Baua Electric

FEBRUARY 2, 2024

New Delhi: Continental Tire, the tyre manufacturing arm of the Continental Group, has estimated the tyre industry in India might double by 2030. This industry should double the revenues by 2030,” Samir Gupta , MD of Continental Tires India, told ETAuto on the side-lines of Bharat Mobility Expo 2024.

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Baua Electric

MARCH 20, 2024

New Delhi: Noida-based RCRS Innovations Ltd , which owns lithium-ion battery manufacturer EXEGI , will invest INR 50 crore this year to expand its capacity and introduce new product lines. The market for clean energy storage solutions, powered by Lithium-Ion batteries, is likely to surpass INR 40,000 crore in the next five years, Goyal said.

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Baua Electric

JANUARY 15, 2024

Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28. percent market share in the same period, up from 8.5

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Baua Electric

FEBRUARY 7, 2024

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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Baua Electric

JANUARY 25, 2024

Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because it is not building manufacturing capacity fast enough, semiconductor equipment maker ASML CEO Peter Wennink said. “If you want to get to 20%, you just have to calculate how much you need to build here.”

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Baua Electric

MAY 16, 2024

End markets are mixed with weak industrial and auto markets, but strong image sensors, power chips, microcontrollers and other markets, Applied Materials Chief Financial Officer Brice Hill said on a post-earnings call.

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Baua Electric

MAY 22, 2024

This marks a step forward in the company’s mission to provide innovative after-treatment systems and emission control solutions for the Indian market from its three manufacturing facilities located in Haryana, Uttarakhand, and Telangana, the company said. Cornaglia, Italy operates 14 Manufacturing facilities in 5 continents.

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Teslarati

NOVEMBER 17, 2021

Tesla bull and CEO of ARK Invest Cathie Wood predicts that Tesla’s share in the total auto market could be up to 25% by 2026. Wood believes Tesla’s competitors can still be successful in the EV industry. An EV transition may be difficult for legacy OEMs because ICE manufacturing is so ingrained into their DNA.

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Baua Electric

JANUARY 13, 2024

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. lakh crore (USD 69.7

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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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Baua Electric

APRIL 27, 2024

Renault held talks this week with China’s Li Auto and Xiaomi on electric and intelligent vehicle technologies , the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies. China disputes the claim and has accused Europe of protectionism.

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Baua Electric

MARCH 7, 2024

The company has partnered with an international firm to establish a manufacturing facility dedicated to producing Power Modules, Control Circuits, and PLCs for EV chargers. lakh units annually to meet the growing demand of the Indian EV market. Arun Handa, Chief Technical Officer at Servotech Power Systems Ltd.,

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CN EV Post

MARCH 20, 2023

Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. As of Monday's close, NIO's (NYSE: NIO) US-traded ADR was down 10 percent this year, XPeng was down 8 percent, and Li Auto was up about 12 percent.

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Teslarati

NOVEMBER 29, 2023

Automotive sales in European Union (EU) countries are expected to slow next year, though some are reporting that the slowdown will cause a sharp increase in electric vehicle (EV) market share. In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year.

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Baua Electric

JANUARY 23, 2024

ZF Friedrichshafen, which makes transmissions, shock absorption systems, and chassis components for more than 55 auto brands and is Germany’s second-largest supplier after Bosch, said it could axe as many as 12,000 people in a “worst-case scenario” by 2030, reports The Financial Times. FTC: We use income earning auto affiliate links.

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Clean Fleet Report

NOVEMBER 28, 2023

Many Changes Are Coming Quickly The world is increasingly unpredictable, and the automotive industry is feeling it. In addition to the CASE (Connected-Autonomous-Shared-Electrified)-driven transformation of the industry, a combination of additional internal and external factors is piling on complexity.

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Baua Electric

MARCH 13, 2024

Hengst Filtration, a leading Germany-based filtration manufacturer, has officially launched its state-of-the-art manufacturing plant in Yelahanka, Bengaluru. The country’s expanding economy, coupled with its growing demand for filtration systems across industries, makes it an ideal fit for our expansion plans.

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Baua Electric

NOVEMBER 13, 2023

there were several manufacturers in India involved in producing Electric Vehicle (EV) motor controllers. Here’s a detailed overview of some notable EV motor controller manufacturers in India: 1. Setco Automotive Ltd: Overview: Setco Automotive is a well-known automotive components manufacturer in India.

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India Manufacturer Motor Motors 94

Electric Vehicles India

DECEMBER 29, 2021

Bajaj Auto announces new EV manufacturing unit in India . Bajaj Auto India’s leading automaker has announced that it has started its work at the new electric vehicle manufacturing unit at Pune’s Akurdi. Read further to know more about Bajaj Auto EV manufacturing unit. .

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India Manufacturer Auto Motorcycles 59

Baua Electric

MARCH 19, 2024

Tesla has hired an experienced semiconductor manufacturing executive to help ramp up its battery cell production. Now, Electrek has learned that Tesla has hired a new manufacturing expert, John Paul Daly, from the semiconductor industry to help improve battery production at Gigafactory Texas.

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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. A rally in India’s battery maker stocks this month looks poised to extend amid optimism over further collaborations with foreign vehicle manufacturers. and Kia Corp. and Kia Corp.

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