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Ramkrishna Forgings to supply power train components to US’ largest EV producer – ET Auto

Baua Electric

This deal signals the company’s debut in US’ electric vehicle market. The company also has a presence in Mexico, Turkey, and Belgium. This landmark approval signifies the company’s position into the electric passenger vehicle segment with a strong emphasis on powertrain components, it said in the statement.

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Renault Group sells 2.23 million vehicles in 2023, India now 13th in Top 15 markets | Autocar Professional

Baua Electric

In Europe, Renault recorded excellent growth and outperformed the market: +19.3% in Europe In Europe, the Group benefited from its products offensive by gaining market share: volumes up 18.6% in a market up 13.9%. In 2023, the development outside Europe was mainly driven by Brazil, Turkey and Morocco. Renault brand: 9.4%

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Valeo to cut 1,150 jobs as hybrid, EV units merged: AFP | Autocar Professional

Baua Electric

The FO trade union noted that the job cuts come on top of an announcement of layoffs at a transmission plant in France and the transfer of certain production to Turkey, only adding more confusion for the future, AFP reported. The French state with a 7.3% stake via two state-owned investment banks, is the biggest shareholder in the company.

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India fifth-largest overseas Mercedes-Benz market, aims to arrive in Top 3 in 3 years | Autocar Professional

Baua Electric

With cumulative annual volumes crossing 17,000 units in CY23, India has become the fifth-largest overseas market for German luxury carmaker Mercedes-Benz, which is bullish about India’s potential in the coming years. Therefore, the potential for India, and what we could bring to the market is limitless.

India 52
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Ultraviolette looks to expand operations to Middle East and Europe with Mach2 launch   | Autocar Professional

Baua Electric

Last month, the company marked its Europe entry by establishing operations in Turkey. Niraj Rajmohan, Co-founder and CTO, Ultraviolette told Autocar Professional that 2024 will be its “year of entry into the global markets, and consolidating its India presence at the same time.” lakh today.

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Royal Enfield offers Rentals and Tours service in 25 countries | Autocar Professional

Baua Electric

Building on the success of Royal Enfield Rentals in India, the company has now made that service available across many more international markets and has dubbed it Royal Enfield Rentals and Tours. A call-back from the tour operator will be organised, to confirm and finalise details of the tour and the itinerary.

Namibia 40
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Little automakers and providers challenged by means of pristine cybersecurity rules

Baua Electric

Canada, Western Europe, United Kingdom, Turkey, Japan and Korea paintings immediately or not directly in cybersecurity, safety, protection, compliance, law, engineering, homologation, property and checking out. The executives who are living within the U.S.,