Baua Electric

MAY 13, 2024

Supply chains within the automotive sector bore the brunt of these attacks, surpassing government agencies and the education sector in terms of detections. Despite being traditionally perceived as secure, the industry faced a notable surge in cyberattacks in 2023.

Auto 52

Auto Supplies India Insight 52

Teslarati

NOVEMBER 23, 2023

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. Dongfeng Motors Corporation Ltd.

Auto Industry 116

Auto Industry Industry Industrial Auto 116

Teslarati

FEBRUARY 27, 2024

Tesla has made significant strides in improving its supply chain sustainability and human rights practices, as per a new study by environmental group Lead the Charge. This was highlighted by the fact that the electric vehicle giant jumped from ninth to third place in the group’s annual Auto Supply Chain Leaderboard and Report.

Supplies 137

Supplies Tesla Cleaner Auto 137

Teslarati

AUGUST 10, 2021

Apple is talking with multiple EV component manufacturers in Korea, according to an industry source. The US tech giant plans to start producing an all-electric vehicle in the next few years and seems to be laying the groundwork for the Apple Car’s supply chain already. .

Manufacturer 143

Manufacturer Supplies Lithium Ion Canada 143

Baua Electric

JUNE 20, 2024

China’s Ministry of Industry and Information Technology on Wednesday issued new guidelines for its lithium-ion battery industry, aiming to transform, upgrade and promote high-quality development amid rapid expansion in the sector.

Lithium Ion 52

Lithium Ion Industry Industrial China 52

Baua Electric

APRIL 11, 2024

The collaboration will also see both organisations leveraging their events and initiatives to enable companies to meet, form new partnerships and advance the emerging Indian manufacturing and design ecosystem. SEMI represents over 3,000 member companies in the semiconductor design and manufacturing supply chain.

Industry 52

Industry Industrial Auto India 52

Green Car Congress

FEBRUARY 10, 2023

General Motors (GM) and GlobalFoundries (GF) have entered a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply. This agreement supports GM’s strategy to reduce the number of unique chips needed to power increasingly complex and tech-laden vehicles.

GM 170

GM Supplies Production New York 170

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. These components account for more than 75% of auto parts imported into the country. To be sure, China dominates auto parts supplies to India.

Auto Industry 52

Auto Industry Auto Industry Industrial 52

Green Car Reports

JANUARY 4, 2022

Despite supply-chain issues affecting the entire auto industry, Tesla claims robust 2021 deliveries came close the million-vehicle mark.

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Supplies Tesla Vehicles Auto Industry 201

Baua Electric

JULY 11, 2024

billion in grant awards today targeted at helping automakers keep 11 troubled manufacturing plants open and to start building EVs there. The grants are part of the “ Domestic Conversion Grant Program ,” intended to direct government support to help convert plants over to electric vehicle manufacturing. Photo is licensed under CC-CC0 1.0

Manufacturer 52

Manufacturer Auto Grant Solar 52

Baua Electric

MAY 4, 2024

Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. The company’s shares were down about 4% in early trade.

Supplies 52

Supplies Auto Fisker Sale 52

Baua Electric

APRIL 17, 2024

Kolkata-based Ramkrishna Forgings is a manufacturer and supplier of closed-die forgings of carbon and alloy steel, micro-alloy steel, and stainless steel forgings. Kolkata-based Ramkrishna Forgings is a manufacturer and supplier of closed-die forgings of carbon and alloy steel, micro-alloy steel, and stainless steel forgings.

Supplies 52

Supplies Auto Powered Power 52

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.

Industry 52

Industry Industrial Lithium Ion Auto 52

Baua Electric

JANUARY 31, 2024

Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday. China currently houses the largest manufacturers of LFP batteries, including BYD and CATL, which supply Tesla.

Supplies 52

Supplies Tax Credit Auto Nevada 52

Green Car Congress

AUGUST 3, 2020

The overall program will offer a share of up to £1 billion of funding for industrial research and capital projects. The aim is to support the industrialization of a high-value, electrified automotive supply at scale in the UK.

Emissions 305

Emissions Auto Supplies Commercial 305

Green Car Congress

JUNE 21, 2023

and Hon Hai Technology Group (Foxconn) announced the creation of SiliconAuto, a 50/50 joint venture dedicated to designing and selling a family of state-of-the-art semiconductors to supply the automotive industry, including Stellantis, starting in 2026. Stellantis N.V. Earlier post.) Earlier post.)

Industry 150

Industry Industrial Design Netherlands 150

Green Car Congress

NOVEMBER 12, 2021

outlined a technology roadmap to support its vision to reinvent the aluminum industry for a sustainable future. Today, there is a vast supply of aluminum scrap that can only be used for limited applications due its combination of impurities. As feedstock for this process, Alcoa is targeting Zorba auto shred scrap as a raw material.

Industry 210

Industry Industrial Carbon Emissions 210

Baua Electric

MARCH 31, 2024

a Panasonic Group company, have signed a binding term sheet to form a JV for manufacturing cylindrical lithium-ion cells in India for two-and three-wheel vehicles and energy storage systems, the public sector oil giant announced on Sunday. New Delhi: Indian Oil Corporation Limited and Japan’s Panasonic Energy Co.

Lithium Ion 52

Lithium Ion India Oil Manufacturer 52

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.

India 52

India Auto Industry Industrial 52

Green Car Congress

NOVEMBER 2, 2022

Farizon Auto, the new energy commercial vehicle brand from Zhejiang Geely New Energy Commercial Vehicle Group (a subsidiary of Geely Holding) raised more than US$300 million in its first external financing round. Farizon Auto’s new energy semi, the Homtruck, is planned for delivery in early 2024. Earlier post.). Earlier post.).

Auto 259

Auto China Commercial Financing 259

Baua Electric

MAY 6, 2024

In late 2023, California-based EV manufacturer Motiv Power Systems delivered five electric step vans to Shasta Linen Supply, which is headquartered in Sacramento. Given the sheer weight of linens, building an electric truck that can handle the payload is an industry-wide challenge.

Supplies 52

Supplies Sacramento Power Powered 52

Green Car Congress

MAY 21, 2020

European R&D and battery production company InoBat Auto has acquired a 290,000 sq ft (27,000 sq m) facility close to Bratislava, Slovakia. The property will house a 100MWh facility combining proprietary High Throughput Process ( HTP ) R&D with prototype battery cell-manufacturing capabilities.

Slovakia 186

Slovakia Auto Land Rover Battery 186

Baua Electric

JUNE 19, 2024

By: ANI | Updated on: 19 Jun 2024, 18:33 PM Automotive manufacturers are acutely aware of the evolution in the era of Industry 4.0, billion in system downtime costs in the first half of 2023 alone. --> Automotive manufacturers are acutely aware of the evolution in the era of Industry 4.0,

Manufacturer 52

Manufacturer Industry Industrial Global 52

Baua Electric

MAY 9, 2024

New Delhi: It is no secret that Chinese component makers are aggressively scouting global markets for increasing their already tight grip on the nascent battery electric vehicle (BEV) industry. Sona Comstar has manufacturing facilities in China, Mexico and USA apart from India.

China 52

China Global Supplies Parts 52

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

Auto Industry 52

Auto Industry Industry Industrial Auto 52

The Truth About Cars

JANUARY 4, 2024

Remember when there was a shortage of microchips in the automotive industry? This, described as a clearing excess inventory, could hammer the company’s financial results this year and may spark a selloff in shares of auto chip suppliers. Pepperidge Farm remembers.

Manufacturer 105

Manufacturer Building Industry Industrial 105

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. As per industry estimates, about 4.1 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.

Industry 52

Industry Industrial Market Auto 52

Electrek

JUNE 28, 2021

Tesla has signed a new long-term battery cell agreement with CATL, China’s biggest battery manufacturer, amid the race to secure a large battery supply in the auto industry. more… The post Tesla signs new battery cell agreement with CATL in race to secure large battery supply appeared first on Electrek.

Supplies 145

Supplies Batteries Battery Auto Industry 145

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. .

India 59

India Manufacturer Auto Motorcycles 59

Baua Electric

MARCH 22, 2024

Ltd (StarCharge) to manufacture and sell Electric Vehicle Supply Equipment (EVSE) in India. StarCharge, a global leader in electric vehicle charging infrastructure and microgrid solutions, operates in 67 countries and regions with manufacturing facilities in the USA, Vietnam, and China.

India 52

India Supplies Auto Vietnam 52

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. This initiative aims to reduce reliance on imports and bolster India’s position in the global EV charger supply chain.

Manufacturer 40

Manufacturer Industry Industrial Power 40

Baua Electric

JUNE 24, 2024

The Automotive Component Manufacturers Association of India (ACMA) has submitted its recommendations for the upcoming Union Budget, highlighting the industry’s push for continued growth and innovation in India’s burgeoning automotive sector. The sector, valued at $56.5

Auto 52

Auto India Industry Industrial 52

Baua Electric

JULY 18, 2024

For its part, Tesla is known to favour a local supply system to accelerate production and save time and costs associated with transporting components. The southern state-widely regarded as an automotive and electronics manufacturing hub-already has some of Tesla’s suppliers based there.

Auto 52

Auto Tesla India Supplies 52

Baua Electric

FEBRUARY 6, 2024

Under this deal, the company will be supplying rear axle components and services for the off-highway sector in North America for the next four years. This partnership not only strengthens our global footprint but also reaffirms our commitment to delivering excellence in every component we manufacture. million (INR 109.2

North America 97

North America America Auto Insight 97

Baua Electric

JUNE 30, 2024

Such firms have raised funds to expand operations as local demand for EV parts has shot up, opening up the space that has been traditionally dominated by large manufacturers like Sona Comstar and Sterling Gtake. Matel started off as a solar water pump manufacturer in 2016 before starting EV part manufacture in FY21.

Auto 52

Auto Parts DC Manufacturer 52

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.

India 98

India Auto Future Electric 98

Teslarati

DECEMBER 3, 2023

The database, dubbed Climate TRACE, was created by Gore’s global climate coalition in an attempt to keep close track of supply chain emissions, according to a report from Fortune. Being a company that manufactures electric vehicles (EVs) and other renewable energy products, Tesla has been a strong proponent of strict emissions rules.

GM 131

GM Supplies Emissions Gore 131