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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

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. We have a long way to go,” Qureshi said.

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China’s CALB wants lithium battery factory in Portugal – ET Auto

Baua Electric

It will “serve the strong customer demand, mainly in the automobile industry,” APA said on its website. Updated On Jan 23, 2024 at 11:07 AM IST --> Published On Jan 23, 2024 at 11:03 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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5 more semiconductor fabs in 5 years, says Vaishnaw – ET Auto

Baua Electric

We will create a very strong semiconductor industry in our country. Updated On Mar 15, 2024 at 04:35 PM IST --> Published On Mar 15, 2024 at 04:31 PM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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EV push in Budget to give fillip to warehousing & logistics sectors – ET Auto

Baua Electric

The surge in EVs won’t just reshape the Indian automobile industry; it’s expected to create a domino effect, propelling demand for new storage, distribution, and logistics facilities.

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‘Big opportunity for startups lies in products in India’: Detlev Reicheneder | Autocar Professional

Baua Electric

On the sidelines of the InnerCircle Roundtable sessions in Pune and Bengaluru, Detlev Reicheneder, Senior Director Business Strategy Design and Manufacturing, Autodesk spoke exclusively to Autocar Professional about the startup ecosystem in India, the evolution of design, Artificial Intelligence and additive manufacturing in the automobile industry.

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CEO’s Take On 2024: Demand for feature-rich, safe, connected and electric vehicles to drive auto parts industry, says Bosch India chief – ET Auto

Baua Electric

Indian automobile industry’s movement towards new powertrain technology mix will also help cater to global market needs. India is also taking steps towards becoming an export hub in certain auto-components which further ensures a push towards localization.

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Use of onboard chargers in EVs: Enhancing consumer experience | Autocar Professional

Baua Electric

Beyond charging, OBCs are set to evolve into comprehensive systems, monitoring battery health and performance in real-time, providing valuable insights and potentially extending battery life. This expansion not only strengthens the competitive edge of EVs but also marks a transformative shift in the dynamics of the automobile industry.

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