Baua Electric

MAY 27, 2024

New Delhi: The shift has been gradual and the hope that India’s auto component sector becomes truly global finally appears to become real. During this period, the global automotive supply chains have been rejigged, with supplies moving away from Europe and China, towards South East Asia and India.

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Baua Electric

JUNE 13, 2024

Leaders from the Group of Seven are set to announce plans for a group that will help coordinate the supply chain for semiconductors that are critical to the global economy. Demand will only grow as the boom in artificial intelligence programs gains momentum, while access to the technology has become the centre of a trade war with China.

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Baua Electric

JUNE 13, 2024

Continental’s role in shaping the future of mobility, particularly amidst industry shifts towards software-driven vehicles and electrification, is commendable. However, he hinted that he might join a company with semiconductor sector in focus, given his experience during the Automotive semiconductor Crisis from 2020 to 2023.

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CN EV Post

AUGUST 17, 2022

The project is expected to further drive suppliers closer to Li Auto, thereby reducing costs and improving supply chain reliability. The post Li Auto to build industrial park for auto parts in Changzhou appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Baua Electric

MAY 7, 2024

It also requested that the US investigation and subsequent measures about the supply chains for connected vehicles focus on “components and services that pose significant risks to national security.” Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post S.

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Baua Electric

APRIL 11, 2024

In a boost for the country’s semiconductor industry , the India Electronics and Semiconductor Association ( IESA ) on Wednesday forged an alliance with global industry association SEMI. SEMI represents over 3,000 member companies in the semiconductor design and manufacturing supply chain.

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Baua Electric

MAY 4, 2024

Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. The company’s shares were down about 4% in early trade.

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Baua Electric

FEBRUARY 29, 2024

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. These components account for more than 75% of auto parts imported into the country. To be sure, China dominates auto parts supplies to India.

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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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CN EV Post

JANUARY 3, 2023

"I am very confident that in the near future, China supply chain and the auto industry will return to normal," Li said. The post NIO's William Li expects China's auto industry chain to stabilize by March or April appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Baua Electric

APRIL 17, 2024

Ramkrishna Forgings has signed an agreement to supply power train components to USA’s largest electric passenger vehicle producer, the company said in a stock exchange filing on Thursday. “This collaboration speaks volumes about our ongoing commitment to innovate and our capabilities to meet the demands of the EV industry.

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Baua Electric

APRIL 29, 2024

NXP Semiconductors NV forecast second-quarter profit above estimates on Monday, as easing inventory corrections at its industrial and mobile customers helped offset decelerating revenue from automotive customers due to slowing EV demand. These markets were experiencing a chip supply glut after a pandemic-fueled buying spree.

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Baua Electric

MAY 29, 2024

Under this collaboration, Lectrix EV will supply 500 electric vehicles to Jumppers, for expanding their fleet and capacity to meet the increasing demand for eco-friendly delivery services.

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Baua Electric

MARCH 13, 2024

IRP will supply MLMML with its advanced motor controllers, helping increase the EV penetration in the last mile transportation sector. IRP will supply MLMML with its advanced motor controllers, helping increase the EV penetration in the last mile transportation sector.

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Baua Electric

MAY 6, 2024

Updated On May 6, 2024 at 12:45 PM IST --> Published On May 6, 2024 at 12:42 PM IST 2 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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SUV Supplies Auto Insight 52

Baua Electric

JUNE 4, 2024

New Delhi: Marelli has been awarded a significant contract from a major global carmaker to supply the Battery Thermal Plate (BTP) for future Battery Electric Vehicles (BEVs). The supply will begin in 2024, reaching approximately 5 million units over the contract period.

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Baua Electric

JANUARY 4, 2024

(Reuters) Self-driving technology company Mobileye Global warned on Thursday that a pullback in orders from customers clearing excess inventory will batter its results this year, sparking a selloff in the shares of auto chip suppliers. Shares of the Israel-based company, whose customers include Volkswagen and Porsche, tumbled 28.2%

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Baua Electric

MARCH 4, 2024

. “With Australia being the top lithium producer globally, and Indonesia and the Philippines being the top nickel producers, there are potentially opportunities to establish a regional supply chain and cater to the significant demand for battery storage within our region,” he said.

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Baua Electric

JANUARY 31, 2024

Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday. China currently houses the largest manufacturers of LFP batteries, including BYD and CATL, which supply Tesla.

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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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India Manufacturer Industrial Industry 52

CN EV Post

JULY 4, 2022

CITIC Securities sees both supply and demand improving for NIO, Li Auto, and XPeng, and the Chinese EV industry facing a high boom in the second half of the year. The post CITIC Securities bullish on NIO, Li Auto, XPeng in H2, citing improving supply and demand appeared first on CnEVPost.

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Baua Electric

MARCH 4, 2024

After two consecutive years of swift growth in the auto industry’s performance, what is your outlook for 2024? 2024 is likely to see the industry stabilize and return to normal. 2024 is likely to see the industry stabilize and return to normal. 2024 is certainly promising, although with its own challenges.

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Baua Electric

JUNE 24, 2024

Auto industry observers see Hyundai Motor Group’s recent lithium hydroxide supply deals as a sign that the group is focusing on adopting high-capacity NCM batteries to boost the driving range of its future EV models. The long-range trim of the EV3, fitted with a high-capacity 81.4

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Baua Electric

MAY 29, 2024

The electric vehicle fleet industry in India is transforming the last mile delivery and the ride-hailing operations. Updated On May 30, 2024 at 11:13 AM IST --> Published On May 30, 2024 at 11:13 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

Fleet 40

Fleet Green Miles Supplies 40

CN EV Post

APRIL 7, 2023

On July 28, 2022, Auto Home reported that BYD was building an SUV called Sea Lion , which could compete with Tesla's Model Y. The BYD Sea Lion has a sharp, sporty front end, Auto Home said, citing spy photos they obtained of the model. For more articles, please visit CnEVPost.

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Baua Electric

JUNE 26, 2024

South Korean authorities on Wednesday ordered a lithium battery maker to halt factory operations indefinitely after a fire killed 23 people and said three company officials were under investigation on suspicion of having violated industrial safety laws. The names and titles of the Aricell officials under investigation were not disclosed.

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Baua Electric

MAY 9, 2024

New Delhi: It is no secret that Chinese component makers are aggressively scouting global markets for increasing their already tight grip on the nascent battery electric vehicle (BEV) industry. This is when the EV market has already begun to slow down in some geographies.

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Baua Electric

MARCH 11, 2024

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The automotive industry is in transition.

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India Auto Industrial Industry 52

Baua Electric

JUNE 24, 2024

For FY25, ICRA has projected that its sample of 45 auto ancillaries with aggregate annual revenue of INR 2.7 New Delhi: Domestic sales of cars and two wheelers are projected to slow down in the new fiscal year but the makers of critical auto components are going on full steam with capital expenditure. lakh crore to grow by 5-7%.

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Baua Electric

MARCH 15, 2024

Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick.

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China Supplies Auto Chile 52

Baua Electric

FEBRUARY 6, 2024

Under this deal, the company will be supplying rear axle components and services for the off-highway sector in North America for the next four years. We are poised to embark on this exciting journey together, setting new benchmarks in the industry and creating value for the customers. million (INR 109.2

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Baua Electric

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. As per industry estimates, about 4.1 Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold.

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Baua Electric

FEBRUARY 29, 2024

China’s lithium futures rallied for a sixth day on Wednesday, amid growing supply concerns after Beijing asked a main producing region to limit the environmental impact of lithium exploration. Measures taken by producers to address the environmental could slow down their operation and affect production and supply, analysts said.

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Baua Electric

MARCH 22, 2024

Ltd (StarCharge) to manufacture and sell Electric Vehicle Supply Equipment (EVSE) in India. Updated On Mar 22, 2024 at 05:00 PM IST --> Published On Mar 22, 2024 at 05:00 PM IST 2 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

India 52

India Supplies Auto Vietnam 52

Baua Electric

JANUARY 19, 2024

“The luxury industry is I think operating at a little bit of a different level than the main market as it relates to EVs,” “We still see in the data, 60% of the consumer base, that their next luxury vehicle will be an EV.”

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CN EV Post

AUGUST 27, 2022

Li Auto's range extender production base in Mianyang, Sichuan province, has a planned capacity of 200,000 units in the first phase, with 80,000 units expected in 2022. The post Li Auto's Li L9 first deliveries face delays as power crunch in Sichuan affects range extender supply appeared first on CnEVPost.

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Baua Electric

MAY 26, 2024

New Delhi: Hyundai Mobis , South Korea’s leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year. Yun also noted that while the demand for EVs in the global market has slowed temporarily, the industry will eventually move toward eco-friendly cars.

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