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Visiting Chinese trade official warns EU on greentech probe – ET Auto

Baua Electric

China’s top trade official warned the European Union against protectionism on Friday, saying Beijing was puzzled by EU probes into green tech exports and the bloc’s concerns they threaten the domestic solar panel, wind turbine and electric vehicle industries.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

Growth in China’s battery storage capacity could slow down in 2024, according to an industry association, as energy storage struggles with low profitability. That estimate lags the expected growth in sales of energy storage products, which will rise 35% year-on-year globally, according to the white paper.

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VECV to invest around INR 1000 cr on multiple alternative fuel technologies for new-age CVs – ET Auto

Baua Electric

New Delhi: Disruption is becoming commonplace in the new-age automotive industry. The work-in-progress scenario of the fuel technology landscape makes it more challenging for industry players as they have to prepare for multiple scenarios. Currently, its sole EV is a 5.5 And, in testing, the Indian cost can be a fourth of Europe.

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US, EU eye Chinese legacy chips in renewed semiconductor accord – ET Auto

Baua Electric

It said the two partners would share market intelligence about “non-market” policies and practices, which they argue prevail in China, and consult on planned action to address distortions on the global supply chain. European Commission Vice President Margrethe Vestager, who oversees EU policy on technology, said the EU and U.S.

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Harish Lakshman to take over as Chairman of Rane Group after L Ganesh retires on March 31 – ET Auto

Baua Electric

He was conferred with the prestigious Deming Award in recognition of his outstanding contribution to the dissemination and promotion (overseas) of TQM in 2022. I would like to thank Mr. Ganesh for his leadership and driving the group to scale new heights and become a trusted supplier of safety critical components globally.

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Albemarle profit just misses estimates on weak lithium prices – ET Auto

Baua Electric

Softening Electric Vehicle (EV) demand has knocked down global lithium prices , hitting lithium producers such as Albemarle. Executives plan to hold a conference call on Thursday to discuss the results and outlook. Many producers worldwide have cut production and reduced their workforce.

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