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Musashi appoints Naoya Nishimura as CEO for India, Africa region – ET Auto

Baua Electric

Naoya Nishimura as CEO for India, Africa region New Delhi: Musashi Auto Parts India Pvt Ltd (Musashi), a 100% owned subsidiary of Musashi Seimitsu Industries, Japan, and a manufacturer of two-wheeler and four-wheeler transmission components in India, has appointed Naoya Nishimura as its Chief Executive Officer (CEO).

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Samvardhana Motherson unit mulling USD 500mn dollar bond issue, say bankers – ET Auto

Baua Electric

A unit of Indian auto parts maker Samvardhana Motherson International is planning to raise up to USD 500 million through the sale of five-year dollar bonds and has mandated bankers for the issue, two bankers said on Wednesday. SMRC Automotive Holdings Netherlands B.V. has mandated BNP Paribas , Citigroup, HSBC, J.P. from Wednesday.

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Nissan to test African demand for its e-Power hybrid vehicle – ET Auto

Baua Electric

This year Nissan will export the South African built Navara pickup trucks to new markets of Algeria, Libya, Sudan, Tunisia and Egypt, Nissan Africa product Marketing Director Stefan Haasbroek said. Africa is the world’s last remaining automotive frontier due to the low level of vehicle ownership.

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Omnia’s explosives business boosted by battery metals exploration – ET Auto

Baua Electric

The global shift away from polluting fuel sources such as coal has increased demand for cleaner energy minerals such as lithium , cobalt, graphite and copper, leading to more exploration projects. . “What you see is the diversification benefit of the global earnings coming through from our mining business.

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BYD Partners With Auto Nejma To Bring Its EVs To Morocco

CleanTechnica EVs

Morocco wants to be a leader in the automotive industry in Africa. The Moroccan automotive industry represented 27.6% Keeping up with key trends in the global automotive industry will ensure that such a key pillar of Morocco’s economy will continue to […]. of the kingdom’s exports in 2019.

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5

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Indian automotive aftermarket expected to reach USD 14 billion by 2028: E&Y report – ET Auto

Baua Electric

In addition, another close to 100 exhibitors will be participating in two exclusive Auto Components Pavilions showcasing products and solutions for OEMs, the release said. This insight was revealed ahead of the 5th ACMA Automechanika New Delhi, at the Bharat Mobility Global Expo 2024. times to an estimated USD 14 billion by 2028.

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