Baua Electric

MARCH 14, 2024

MG Motors, a unit of Chinese automaker SAIC, will open a second European parts centre by the summer of 2024 in France to meet the country’s growing demand for its vehicles, a spokesperson told Reuters on Thursday. The company did not disclose the how much it would invest in the centre.

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Baua Electric

MAY 2, 2024

India’s mid-sized IT services player L&T Technology Services ( LTTS ) has signed an approximately €45 million (around USD 48 million at current exchange rate) contract with European automotive parts manufacturer and supplier Forvia for engineering development activities for its clean mobility division. “As

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Baua Electric

MAY 10, 2024

Motional is a joint venture between Hyundai Motor Group and auto parts supplier Aptiv. Autonomous vehicle technology company Motional has sacked around 550 employees, or about 40% of its workforce, in the US, reports said on Saturday. Motional is a joint venture between Hyundai Motor Group and auto parts supplier Aptiv.

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Baua Electric

MAY 20, 2024

A report by Senate Finance Committee Chairman Ron Wyden’s staff said BMW imported 8,000 Mini Coopers with parts from a Chinese supplier banned under a 2021 law and that BMW continued to import products with the banned parts until at least April. VW said on Monday it has since replaced the parts in all vehicles held at U.S.

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Baua Electric

APRIL 22, 2024

This move is to meet the growing demand for high-quality driveline solutions for Battery Electric Vehicles (BEVs) in North America, the company said. The strategic location of the new plant in Mexico is poised to enhance the company’s supply chain efficiency and responsiveness to customer demands in the region, the release added.

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Baua Electric

MARCH 27, 2024

RRP Electronics , a company backed by former cricketer Sachin Tendulkar , on Tuesday announced an investment of INR 5,000 crore for a semiconductor facility in Maharashtra. The investment will be done over the next five years, the company said in a statement.

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Baua Electric

MAY 9, 2024

Singh went on to explain that though the geopolitical situation and Chinese companies’ march was in no one’s control, Sona Comstar’s strategy is “try to get as many customers as possible. The company believes this will satisfy customers who want the (low) pricing of India delivered by a facility close to their own factories.

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Baua Electric

JANUARY 26, 2024

The program is slated for launch in 2025 with a peak annual sales value of INR 80 crore, the company said in a media release. The company selected Aguascalientes because of its strategic location in the heart of Mexico.

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Baua Electric

APRIL 24, 2024

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.

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Baua Electric

MAY 24, 2024

billion rupees a year earlier for the company, which makes auto parts and accessories for cars, two wheelers and railways among others. India’s total vehicle production during the January-March period rose over 21%, which in turn also helped expand the auto parts demand. Net profit rose to 5.65 billion rupees (USD 67.99

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Charged EVs

AUGUST 29, 2023

Those stations are the only ones at which non-Tesla vehicles can charge via the company’s Magic Dock CCS adapter (on the dozen or so stations where it has been fitted). Tesla no longer offers a way for reporters to contact the company for comments, so we were not able to speak with Tesla representatives while reporting this article.)

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Baua Electric

FEBRUARY 6, 2024

The CPR training program is part of Eco Mobility’s commitment to create a safer and more secure riding experience for its customers. This program was conducted in collaboration with some of the leading healthcare providers in the respective cities, the company said.

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Baua Electric

MARCH 6, 2024

” “The exceptional accomplishments of the award winning companies not only demonstrate innovation but also serve as inspiration for the entire industry, setting a high standard for all. Senthil Kumar, Vice President-Central Purchase at TVS Motor Company; R Sundar, Asst.

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Baua Electric

MAY 3, 2024

Auto parts supplier BorgWarner raised its full-year adjusted profit outlook on Thursday, aided by sustained demand from its exhausts, turbos and emission control systems. The company has benefited from automakers rushing to put out vehicles with smaller engines that are powerful and meet modern emission norms. to USD 4.00. to USD 4.00.

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Green Car Congress

JUNE 23, 2013

GE and OJSC Rosneft, one of the world’s leading oil companies, signed a strategic agreement to establish a joint venture focused on developing local expertise and technology solutions for the growing oil and gas sector in the Russian Federation. Enhancing production, including the use of artificial lift technologies.

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Baua Electric

MAY 8, 2024

Self-driving technology company Motional said on Tuesday it would focus on developing its core technology and delay commercial robotaxi deployments, while it lays off staff as part of its restructuring process. Motional partners with ride-hailing platforms Uber and Lyft to provide driverless taxi services.

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Baua Electric

MAY 16, 2024

As part of the deal, ADMETOS is taking on around 600 employees in six countries. In the spare parts and accessories market, the sale of thermostats under the MAHLE and Behr brands will continue to be handled by the worldwide MAHLE Aftermarket network. “In

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Baua Electric

MAY 28, 2024

French company Blue Solutions plans to build a gigafactory in eastern France costing about 2 billion euros (USD 2.17 The company is also holding talks on more deals after signing one with BMW last year to develop a battery for EVs, he said. Both Blue Solutions and VW have declined to confirm the discussions.

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Baua Electric

JANUARY 18, 2024

Indian states have received a slew of pledges for investment from companies including Maruti Suzuki in the past week at business events such as the Vibrant Gujarat Global Summit and the World Economic Forum. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Tata Technologies to invest USD 1.8

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Baua Electric

MAY 4, 2024

Magna executives said on a post-earnings call the company was assessing impacts from automakers’ shifting electrification plans, particularly in North America. The company’s shares were down about 4% in early trade. Magna said it expects full-year 2024 sales of USD 42.6 billion to USD 44.2 billion to USD 45.4

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Baua Electric

APRIL 29, 2024

Speaking at Codelco’s annual shareholders meeting, Pacheco said the company planned to carry out exploration to gauge the potential for lithium production at the salt flat. Chile holds the world’s largest lithium reserves. Lithium in Chile is currently mined only in the Atacama salt flat.

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Green Car Congress

AUGUST 20, 2021

Faster music and video downloads with higher quality. This rollout is part of GM and AT&T’s broad strategy to launch the world’s largest fleet of 5G-enabled vehicles and the culmination of a two-year collaboration, including test-driving connected vehicles at GM’s 5G proving grounds in Milford, Michigan.

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Baua Electric

MAY 19, 2024

The company has acquired additional land in Baddi for the expansion. The company is targeting a revenue of over INR 900 crore for FY24-25 and aims to reach INR 1,300 crore by 2026-27. The company remains dedicated to innovation, positioning itself to achieve its ambitious goals for the upcoming fiscal years.

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Baua Electric

MAY 28, 2024

The company reported for the Q4 of FY24 a revenue of INR 2,796.73 The company reported for the Q4 of FY24 a revenue of INR 2,796.73 This was accomplished in part by launching new product ranges and brands in the automotive aftermarket and data centre segments. crore and profit before tax (PBT) of INR 305.34 crore during FY23.

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Baua Electric

MAY 21, 2024

The company will decide investments based on commitments it gets from automakers, Kusumi said, adding that it was assessing mid- to long-term market demand. It would probably take a while for the company to make a decision, Kusumi said. A slowdown in the take-up of electric vehicles in the U.S.

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Baua Electric

MAY 26, 2024

The Series C1 funding comprises USD 15 million in equity closure as part of its on-going USD 50 million round which is split into USD 40 million equity and USD 10 million debt, the company said. These funds will be utilised to drive the company towards the full path of growth along with EBITDA profitability.”

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Baua Electric

MARCH 29, 2024

Harsha Kadam German auto parts maker Schaeffler on Friday said its board has approved the re-appointment of Harsha Kadam as the Managing Director (MD) and CEO of its India arm for a period of three years, effective from October 1, 2024. The re-appointment is subject to the company’s shareholders’ nod.

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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. The MoU is non binding and at present does not have a material impact on operations of the company, it added.

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Baua Electric

JANUARY 17, 2024

Automotive Cells Co ( ACC ) has partnered with UK startup Circulor to check the provenance and embedded carbon emissions of raw materials the France-based battery maker uses for electric vehicle (EV) battery cells, the two companies said on Wednesday. Circulor is also part of the battery passport project. billion) investment.

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Baua Electric

APRIL 23, 2024

The company is a major supplier of battery packs for solar lighting applications in India and also produces monocrystalline and polycrystalline PV panels. RCRSIL’s Noida facility boasts advanced laboratories and testing equipment, with the company holding over 20 certifications for its products. crore and a profit of INR 1.35

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Baua Electric

JANUARY 31, 2024

Analysts say the group companies’ problems are likely to have a limited impact on Toyota’s earnings because their sales and profits are a small fraction of Toyota’s overall global earnings. Sato has acknowledged Toyota group companies need better communication and education about the importance of complying with rules.

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Baua Electric

MAY 27, 2024

The company will increase its Indian fleet of electric vehicles — supplied by Tata Motors Ltd. , Part of the funding it raises will go toward the company’s expansion beyond Delhi and the southern Indian city of Bengaluru. Goyal didn’t say when he expects the company would make a profit. SAIC Motor Corp. ’s

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Green Car Congress

JULY 2, 2020

The project intends to remove these barriers to entry and prioritize the benefits of driverless vehicles for metropolitan and low-speed use cases where the benefits are the greatest and a collaborative approach is already determined by the involvement of multiple public agencies and private companies.

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Baua Electric

MAY 7, 2024

Many self-driving companies and experts regard it as a crucial component, especially during low-light situations. Tesla in the past denied speculation that it may use lidars as part of its Autopilot system, saying, “We regularly test our own technologies against other sensors to calibrate our camera, sonar and radar system.”

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Baua Electric

MAY 17, 2024

General Motors first launched Chevrolet Bolt EVs in 2015, and used batteries made by LG entities as part of a business arrangement with the car manufacturer. “As a result, Bolt owners who received a battery replacement or who have installed the latest advanced diagnostic software may qualify for compensation,” the company said.

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Baua Electric

MARCH 5, 2024

Increasing the geographical reach of corporate car rental services is part of the company’s overall expansion strategy, and the company hopes to cover 125 cities by the end of FY 2025. Currently, Eco Mobility offers its car rental services in 100+ cities in the country.

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Baua Electric

APRIL 28, 2024

Baidu , China’s major internet search company, reached an agreement with Tesla to grant the car company access to its mapping license for data collection on China’s public roads, two people familiar with the matter said. As part of the deal, Baidu would also provide its lane-level navigation system to Tesla, they said.

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