article thumbnail

ASK Auto forms JV with AISIN Group to enter domestic, global car parts aftermarket – ET Auto

Baua Electric

ASK Automotive Ltd – AISIN Group Companies Joint Venture New Delhi: ASK Automotive Limited, India’s largest manufacturer of Brake Shoes and Advanced Braking Systems for Two-Wheelers, announced a Landmark Joint Venture Agreement with AISIN Group Companies, comprising AISIN Asia (Thailand) Co.

article thumbnail

Joy e-bike maker to develop hydrogen scooter, eyes global expansion | Autocar Professional

Baua Electric

Furthermore, the company plans to set up a new 100-acre EV ancillary cluster in Gujarat to manufacture components and the focus will be on consolidating operations and maximising output from the Gujarat facilities for now.

article thumbnail

Valeo & Omega Seiki Mobility signed MoU for electric powertrains 

Electric Vehicles India

Valeo, a French automotive supplier and global leader in electrification systems and Omega Seiki Mobility (OSM) signed a Memorandum of Understanding (MoU) to provide electric powertrains for OSM Vehicle Range. Omega Seiki signed an MoU with a New York-based company C4V technologies to Manufacture Solid State Batteries in India.

article thumbnail

India’s automotive aftermarket is likely to grow to USD 14 billion by 2028: ACMA-E&Y study  | Autocar Professional

Baua Electric

The markets include Indonesia, Latin America, Poland, Brazil, Columbia and Bangladesh, as well as matured markets, including African countries and UAE, with a substantial number of aging vehicles. Automechanika, which primarily focuses on the aftermarket, will see the participation of over 500 companies and have over 50 new products.

article thumbnail

Omega Seiki Mobility partners Forsee Power for smart EV battery solutions

Electric Vehicles India

Recently, the Valeo, a French automotive supplier and global leader in electrification systems and Omega Seiki Mobility (OSM) signed a Memorandum of Understanding (MoU) to provide electric powertrains for OSM Vehicle Range. The company will be registered in Bangladesh as OSM-Bangladesh. Omega Seiki Mobility. Forsee Power.

article thumbnail

More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

The Tenth Vibrant Gujarat Global Summit 2024 kicked off in Gandhinagar today. Over 50 Global CEOs including senior officials from the semiconductor, aerospace, and defence sectors, have confirmed their participation in the summit. The company will invest approximately Rs 13,000 crore (USD 1.6

Green 52
article thumbnail

UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

Green Car Congress

The Paris Agreement looks to limit global warming to under 2 ˚C, with a more ambitious goal of 1.5 ˚C If the emissions gap is not closed by 2030, the report says, it is extremely unlikely that the goal of holding global warming to well below 2 ˚C can still be reached. C also on the table. C will already be well depleted by 2030.