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 Joint Venture is poised to leverage ASK Automotive’s deep distribution network strength and AISIN Group Companies’ renowned product excellence.

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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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Green Car Congress

JUNE 1, 2023

Honda celebrated production of the 30-millionth engine built at the company’s Anna Engine Plant in Ohio with the production of the newly refined 2.0-liter liter Atkinson-cycle four-cylinder engine, which is part of the two-motor hybrid-electric system that powers Honda Accord and CR-V hybrid-electric models. Earlier post.)

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Green Car Congress

JULY 7, 2023

TTTech Auto, a leader in automotive safety software, and ZettaScale Technology, a developer of communication technologies and protocols, have launched Zetta Auto. Zetta Auto is a data-centric communication solution focusing on safe, performant, and predictable Serviced-Oriented Architecture (SOA) communication.

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Baua Electric

FEBRUARY 28, 2024

New Delhi: The Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, successfully concluded the 4 th edition of its ‘Transforming Mobility 2024 -Global Summit & Expo’. billion to 4 billion in manufacturing and R&D over the past five years.

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Baua Electric

FEBRUARY 29, 2024

Indian auto industry is set to invest up to USD 7 billion, or about INR 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions to reduce imports and capitalise on multinationals’ ‘ China Plus One ’ sourcing strategy. To be sure, China dominates auto parts supplies to India.

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Baua Electric

APRIL 22, 2024

Over time, it will further diversify its product range to accommodate the evolving technological advancements in electric vehicles. This will significantly enhance Sona Comstar’s production capabilities while creating numerous job opportunities and substantially contributing to the local economy.

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Teslarati

JUNE 15, 2021

This is, at least, according to auto parts giant Ningbo Tuopu Group Co., China-based Tuopu is a major auto parts supplier, providing components for numerous automakers that range from local brands like Geely and SAIC to Western companies like GM and Ford. pic.twitter.com/AroBTVgbPn.

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Green Car Congress

MARCH 25, 2021

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles.

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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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Teslarati

AUGUST 3, 2021

This morning, it was reported that India-based auto suppliers and car part makers want Tesla’s entrance to benefit local suppliers. In July, CEO Elon Musk indicated that Tesla’s potential in India must be measured through importing vehicles before committing to building a massive production facility in the country.

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Baua Electric

JUNE 5, 2023

She would now not identify the client, however famous Welland, positioned on the japanese tip of southern Ontario, used to be selected on account of its proximity to a number of auto meeting vegetation. LOCATION TO ‘MAXIMIZE OPPORTUNITIES’ “Parts of this size, you don’t really want to be shipping very far.

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Green Car Congress

FEBRUARY 12, 2019

Lamborghini’s first production parts using Carbon’s technology are a new textured fuel cap with the Urus label and a clip component for an air duct. Both parts are on Lamborghini’s Super SUV, the Urus model, which was first introduced in 2018. This results in high-resolution parts with engineering-grade mechanical properties.

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CN EV Post

MARCH 26, 2023

Wencan aims to supply products from near NIO 's plants by 2025, and the two companies will work together to arrange capacity expansion plans. | NIO US | NIO HK | NIO SG (Image credit: CnEVPost) NIO (NYSE: NIO) has entered into a strategic partnership with yet another auto parts giant that will provide supply support near its plants.

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Green Car Congress

OCTOBER 26, 2022

Mass production of the all-new 2023 Honda CR-V hybrid began at Honda of Canada Mfg. The Indiana Auto Plant (IAP) and the East Liberty Auto Plant (ELP) in Ohio, which produced the previous CR-V Hybrid, will begin production of the 2023 CR-V hybrid in the coming months.

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Baua Electric

APRIL 19, 2024

Forvia, which supplies parts to Stellantis, Volkswagen and Ford, and is also active in China, is affected by falling auto demand and competition from Chinese manufacturers. Estimated worldwide automotive production dropped to 21.20 even as car production grew by 4.3%. Automotive production declined by 4.7%.

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Baua Electric

JANUARY 26, 2024

This new state-of-the-art facility will help us to address the demand for steering and suspension components in the North American region and position us to capitalise on the emerging trend of localization of parts by the customers in this region driven by USMCA (United States-Mexico-Canada Agreement).

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Green Car Congress

JANUARY 5, 2022

Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. Both parties agreed not to disclose any further details about the investment.

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The Truth About Cars

JANUARY 5, 2024

News broke earlier this week that Stellantis would pull out of auto shows, including the upcoming Chicago Auto Show, for the foreseeable future. We reached out to the Chicago Auto Show folks about that, and have not yet heard back. Having one of the Detroit Three pull out of auto shows leads to ringing of alarm bells.

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Baua Electric

MARCH 29, 2024

The agreement is likely to help Mazda step up production of EVs as part of a 1.5 The agreement is likely to help Mazda step up production of EVs as part of a 1.5 trillion-yen (USD 9.9 billion) spending plan it unveiled in late 2022. trillion-yen (USD 9.9 billion) spending plan it unveiled in late 2022.

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Green Car Congress

JUNE 10, 2021

Industrial gases leader Air Products, and its subsidiary Air Products Canada Ltd., Aligned with that vision, Air Products began work in 2018 on the core of this world-scale energy complex in Edmonton, which will begin with a transformative $1.3 The project relies on an innovative combination of well-established technologies.

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Baua Electric

APRIL 18, 2024

New Delhi: Elektrobit Thursday announced EB zoneo GatewayCore , the first software product to enable, configure and integrate the new generation of hardware accelerators of modern microcontrollers for use in advanced automotive electrical/electronic architectures based on the widely adopted Classic AUTOSAR standard.

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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? Q: What will be the key technologies that will shape the next decade of the auto component industry?

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CN EV Post

JANUARY 30, 2024

Just like BMW, NIO likes to use unique technology and innovative auto parts for maximum performance, while LI AUTO assembles its product line on mature technology and generic auto parts, just like Honda Civic. As a result, Li Auto doesn't need to worry much about supply chain because multiple supply options.

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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

MARCH 6, 2024

New Delhi: The Automotive Component Manufacturers Association of India ( ACMA ) at the 58th edition of the ACMA Excellence Awards and the 9th Technology Summit on March 05, 2024, recognized the exceptional contributions and achievements of 59 auto component manufacturers, and gave away 112 awards under various categories.

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CN EV Post

MARCH 3, 2024

Li Auto's EREV was cost efficient than BEV because EREV was standing on the legacy of ICE supply chain. Li Auto can easily control the R&D risk and production cost as long as it can maintain the sales volume. Investment like EV-Tech paves the way of cost control in the long run.

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Baua Electric

JANUARY 13, 2024

Electric motor component maker EuroGroup Laminations said on Friday it would invest 50 million euros (USD 55 million) to expand its production capacity in Mexico to serve the automotive industry. The Italian company has Volkswagen , Renault , Ford , GM and an undisclosed U.S.-based billion euros for the 2024-2028 period.

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CN EV Post

APRIL 24, 2023

Image credit: CnEVPost) As one of the most important auto shows in several years, the ongoing Shanghai auto show is attracting a lot of interest. This year's Shanghai auto show began last week, with media days on April 18-19, professional visitor days on April 20-21, and general public access on April 22 - 27.

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Baua Electric

JANUARY 9, 2024

The company has entered into a memorandum of understanding (MoU) with Guidance, the nodal agency of the state government as part of the Tamil Nadu Global Investors Meet 2024, it said in a regulatory filing. Updated On Jan 10, 2024 at 07:46 AM IST 1 min read --> Bharat Forge shares were trading 1.09 % up at INR 1,271.10 apiece on BSE.

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Baua Electric

JANUARY 11, 2024

Ford is combining olive branches and twigs with recycled plastic in a pilot to make auto parts – and the results are looking promising. The prototype parts consisted of 40% olive tree fibers and 60% recycled polypropylene plastic. The substance was heated and injection molded into the shape of the part.

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Teslarati

JANUARY 24, 2022

New data from Bloomberg states that Tesla’s Fremont Factory in Northern California was the most-productive automotive plant in the U.S., Last year, Tesla’s Fremont Factory averaged a weekly production pace of 8,550 vehicles. Most impressively, Tesla has continued to expand its yearly production capacity as a company.

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Baua Electric

MARCH 6, 2024

Uno Minda, a leading auto parts supplier, acknowledges the recent surge in electric vehicle (EV) demand but anticipates a delayed need for corresponding aftermarket parts. ” Kher anticipates a significant demand for EV parts within the next 2–3 years.

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Teslarati

OCTOBER 20, 2023

The ongoing UAW strike against the Detroit Big Three is having a devastating impact on auto suppliers. As per a recent survey from MEMA Original Equipment Suppliers, nearly 40% of auto suppliers have already laid off workers. Auto suppliers also contribute 2.5% Don’t hesitate to contact us with news tips.

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Teslarati

JULY 7, 2022

Stephan Matz, the general director of Pass Automotive Mexico, has stated that his company will be providing parts for Tesla’s electric vehicles. The executive noted that Pass Automotive’s production of Tesla parts is expected to begin later this year. We are going to start manufacturing auto parts for Tesla.

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Baua Electric

APRIL 23, 2024

RCRSIL’s Noida facility boasts advanced laboratories and testing equipment, with the company holding over 20 certifications for its products. The company is also a part of the MSMEx SME IPO Cohort program. For the nine months ending December 31, 2023, RCRSIL reported revenues of INR 78.68 crore and a profit after tax of INR 5.71

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CN EV Post

MARCH 30, 2023

NIO and Li Auto 's mobile apps have been featuring pretty girls significantly more often lately, while XPeng is running a campaign to encourage users to share such content on its app. The Li Auto App shows a similar picture, especially as deliveries of the new SUV Li L7 begin. Understandably, NIO, Li Auto and XPeng are doing this.

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