Baua Electric

MAY 23, 2024

Taiwanese contract chipmaker TSMC , a major supplier to Apple and Nvidia , on Thursday forecast an annual revenue growth of 10% in the global semiconductor industry , excluding memory chips.

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Baua Electric

JULY 15, 2024

Many companies are reluctant to invest in critical minerals and energy transition projects due to uncertainty about consumer demand for EVs and government commitment to zero-carbon goals , industry players said. “The question is where do we put our next capacity.

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Baua Electric

MAY 28, 2024

Ajay Gopalswamy , founder and chief executive of the Bengaluru-headquartered company, told ET that the money will be used to expand across sectors such as cars, home appliances and electronics, as investment and volume in manufacturing go up. India’s automotive industry is one of the many areas that leverage robotic automation.

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Baua Electric

MAY 9, 2024

China has released draft guidelines aimed at reining in the country’s lithium battery industry , which has been in Western crosshairs over fears subsidised overproduction could flood global markets with cut-price exports.

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Baua Electric

MARCH 28, 2024

The new industry-first vehicle software platform, called ‘S32 CoreRide’, simplifies complex vehicle architecture development and cuts costs for automakers and tier-1 suppliers.

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Baua Electric

JUNE 10, 2024

Expected to become a USD 100 billion industry by 2030, the expansion is poised to generate approximately 1 million global jobs by 2025-2026, aligning with India’s broader economic and industrial growth objectives. billion incentive package for companies establishing semiconductor manufacturing facilities in the country.

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Baua Electric

APRIL 11, 2024

The collaboration will also see both organisations leveraging their events and initiatives to enable companies to meet, form new partnerships and advance the emerging Indian manufacturing and design ecosystem. SEMI represents over 3,000 member companies in the semiconductor design and manufacturing supply chain.

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Baua Electric

MAY 1, 2024

Indian battery-maker Exide Industries beat fourth-quarter profit expectations on Tuesday, helped by higher demand in its automotive and industrial products segments. Earlier this month, South Korea’s Hyundai Motor and Kia Corp partnered with Exide Industries ‘ unit Exide Energy Solutions to supply batteries for their EVs.

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Baua Electric

APRIL 22, 2024

Ola Electric Mobility has been playing an instrumental role in driving EV adoption and penetration in India, the company said in a media release. Under this agreement, Pavna Industries commits to providing high-quality ignition switches and latches to Ola Electric across its manufacturing plants in India.

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Baua Electric

APRIL 29, 2024

Ride-hailing major Ola Cabs ’ chief executive Hemant Bakshi is leaving the firm just three months after he joined the company, people in the know told ET. Ola Cabs founder Bhavish Agarwal continues to be the chairman and managing director.

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Baua Electric

MARCH 26, 2024

Germany is and will remain a strong industrial location, Chancellor Olaf Scholz said on Monday as he formally opened construction at Northvolt’s battery cell factory in Heide, in the northern state of Schleswig-Holstein. The company said this was a crucial point in determining the location.

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Baua Electric

APRIL 4, 2024

The Vancouver-based company, whose main business is a hard rock lithium project at Brazil’s Grota do Cirilo , started scouting for potential buyers about a year ago. Cabral-Gardner said Bank of America was still leading a strategic review of the company, but she declined to give details. Sigma has denied the allegations.

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Baua Electric

MARCH 6, 2024

“With this investment, the total investment made by the company in EESL stands at INR 1,965 crore. There is no change in the shareholding percentage of the company in EESL pursuant to such an acquisition,” it added. “With this investment, the total investment made by the company in EESL stands at INR 1,965 crore.

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Baua Electric

MAY 5, 2024

The startup, supported by IITM Pravartak Technologies Foundation and incubated in the IIT-Madras Incubation Cell, said the chip has had a successful MPW tape-out (the silicon industry term for prototyping) at the 28nm node, and that reference boards will be available for original equipment manufacturers to try out it in the coming weeks.

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Baua Electric

FEBRUARY 2, 2024

For Continental last year was “exciting” and the company performed globally well. New Delhi: Continental Tire, the tyre manufacturing arm of the Continental Group, has estimated the tyre industry in India might double by 2030. They provide the guarantee up to three years which the company claims no other manufacturer provides. “I

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Baua Electric

MARCH 1, 2024

The Union Cabinet’s nod to three upcoming semiconductor manufacturing units is a step towards self-sufficiency and makes the country’s dream of becoming a global chip making destination achievable, according to industry players.

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Baua Electric

MARCH 27, 2024

It added that government subsidies will also be used to augment the venture, which will serve sectors such as automotive, power, electronics, and industrial markets. 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.

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Baua Electric

MAY 22, 2024

A newly-established Portuguese company backed by a wealthy business conglomerate is hoping to build two lithium refineries in the Iberian Peninsula by 2030, its chief executive said on Tuesday. Lifthium estimates the projects would together cost around 1 billion euros (USD 1.1 “We also have to respond to these challenges.”

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Baua Electric

MARCH 6, 2024

Hanif Qureshi, Additional Secretary, Union Ministry of Heavy Industries, Vinod Aggarwal, Jury Chairman of the ACMA Excellence Awards, President of SIAM, and Managing Director & CEO of VECV; and Professor Paramjit S. Senthil Kumar, Vice President-Central Purchase at TVS Motor Company; R Sundar, Asst.

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Baua Electric

FEBRUARY 5, 2024

a global leading lithium battery company based in China. EVE Energy is one of the lithium battery companies in the industry that possesses core technologies and comprehensive solutions.

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Baua Electric

FEBRUARY 6, 2024

The company anticipates not only solidifying its presence in North America but also continuing its tradition of delivering high-quality automotive components that drive innovation and performance, the company said. million (INR 109.2 million (INR 109.2

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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

MARCH 8, 2024

Nasscom’s blog post followed a letter from the Internet and Mobile Association of India (IAMAI) on Feb 15 which had requested an industry-wide consultation on the new taxi fares. Nasscom is Indian IT industry’s apex body.

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Baua Electric

JANUARY 18, 2024

Tata Technologies, which provides engineering services to auto, aero and heavy machinery makers, will set up skilling centres in 50 government-run industry training organisations. 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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CN EV Post

APRIL 17, 2023

While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)

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Baua Electric

APRIL 27, 2024

Renault already partners with China’s Geely in thermal and hybrid powertrains, and collaborates with tech companies Google and Qualcomm in smart cockpits. Renault already partners with China’s Geely in thermal and hybrid powertrains, and collaborates with tech companies Google and Qualcomm in smart cockpits.

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Baua Electric

FEBRUARY 6, 2024

Arrival is the latest casualty in the high-profile EV industry, where rising interest rates, stubborn inflation and high costs involved in production ramp have hit the cash reserves of most startups. The company, which has no revenue, raised going-concern doubts in November 2022 and has shed most of its workforce since then.

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CN EV Post

APRIL 1, 2023

platform at the Shanghai auto show, with the all-new ES6 making its debut. NIO (NYSE: NIO) will have the facelift of its previously popular ES6 SUV unveiled at the Shanghai auto show later this month, marking the first time the company has unveiled a new model at an auto show. For more articles, please visit CnEVPost.

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Baua Electric

JULY 21, 2024

Hindalco Industries , the world’s largest aluminium rolling and recycling company, is looking at a bigger play in the auto component business by leveraging the growing electric vehicle (EV) industry, said people aware of the company’s plans.

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Baua Electric

JANUARY 19, 2024

The first made-in-India chip will be out by December, Union Minister Ashwini Vaishnaw said here, crediting Prime Minister Narendra Modi for developing a very strong semiconductor industry in the country in a short span of time with focus on the entire ecosystem.

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Baua Electric

JULY 18, 2024

Gupta highlighted that Auto LPG, described as a ‘Net Zero Hero,’ generates 20% less CO2 than petrol and 60% less than diesel. Suyash Gupta , Director General of IAC, has reached out to the executives of these companies, emphasizing the significant advantages of Auto LPG. million tonnes.”

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CN EV Post

MARCH 30, 2023

NIO and Li Auto 's mobile apps have been featuring pretty girls significantly more often lately, while XPeng is running a campaign to encourage users to share such content on its app. The NIO App is a great source for monitoring information about NIO and a great way for many people to learn about the company's developments and vehicle models.

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Baua Electric

JANUARY 17, 2024

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. Circulor CEO Douglas Johnson-Poensgen said the company was currently talking to companies up and down the EV battery cell supply chain.

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Baua Electric

JUNE 25, 2024

The car industry technology and software provider would not be able to get all dealers live before June 30, and has asked them to make alternate plans for their month-end financial closing processes, the memo CDK sent to dealers showed. auto dealers to switch back to manual paperwork. ” The ongoing CDK outage has forced some U.S.

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Baua Electric

JULY 17, 2024

The company has also catered to luxury car owners through its GoMechanic Luxe service line, launched in August last year. Acquired by tech-enabled car care venture Servizzy in March 2023, GoMechanic’s remarkable growth underscores its strong financial performance and industry innovation.

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Baua Electric

JULY 15, 2024

The company also plans to expand its testing to Delhi-NCR in the coming weeks. Namma Yatri , a zero-commission ride-hailing service , has begun piloting auto and cab rentals in Bengaluru and Chennai. This move positions Namma Yatri as the first ride-hailing service to pilot auto rentals in India.

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Baua Electric

JULY 16, 2024

The metal was once known mainly for making stainless steel; now demand has skyrocketed as automakers like Tesla need it for electric vehicle batteries and companies that make larger batteries need it for clean electricity projects. In addition to the new smelters, coal power plants have sprung up to serve the miles of new industrial parks.

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