Baua Electric

JUNE 19, 2024

New Delhi: Revenue for domestic lead-acid battery manufacturers is expected to grow by 10-11% in fiscal year 2025, similar to the 12% growth recorded in the previous fiscal, according to CRISIL reports. These manufacturers will aim to secure tie-ups or offtake arrangements for a significant portion of this capacity.

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Lead Acid Lithium Ion Manufacturer Auto 52

Baua Electric

MARCH 20, 2024

New Delhi: Noida-based RCRS Innovations Ltd , which owns lithium-ion battery manufacturer EXEGI , will invest INR 50 crore this year to expand its capacity and introduce new product lines. The market for clean energy storage solutions, powered by Lithium-Ion batteries, is likely to surpass INR 40,000 crore in the next five years, Goyal said.

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Li-ion Manufacturer Auto Energy Storage 52

Baua Electric

MARCH 22, 2024

New Delhi: Minda Corporation Limited, the flagship company of Spark Minda , has rolled out of its 1 millionth two-wheeler smart keyless system from its manufacturing facilities. The Smart Keyless System has transformed vehicle interaction, offering consumers convenience, security, and peace of mind, the release added.

Auto 52

Auto Global Market Insight 52

Baua Electric

JANUARY 25, 2024

Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because it is not building manufacturing capacity fast enough, semiconductor equipment maker ASML CEO Peter Wennink said. “If you want to get to 20%, you just have to calculate how much you need to build here.”

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Europe Auto Market South Korea 52

CN EV Post

MARCH 22, 2023

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.

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Auto Industry Industrial Industry Price 85

Baua Electric

JUNE 20, 2024

Gone are the days when the auto industry used to be hardware oriented.” With decades of investments in the internal combustion engine (ICE) technology, auto manufacturers are required to continue with it to fund the fairly new and emerging space of EVs, he added. EVs do not bring the same sensory experience as ICE vehicles do.

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Auto Industry Auto Industry Industrial 52

Baua Electric

APRIL 27, 2024

Renault held talks this week with China’s Li Auto and Xiaomi on electric and intelligent vehicle technologies , the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies. China disputes the claim and has accused Europe of protectionism.

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Auto Google Chinese China 52

Baua Electric

JUNE 30, 2024

Such firms have raised funds to expand operations as local demand for EV parts has shot up, opening up the space that has been traditionally dominated by large manufacturers like Sona Comstar and Sterling Gtake. Matel started off as a solar water pump manufacturer in 2016 before starting EV part manufacture in FY21.

Auto 52

Auto Parts DC Manufacturer 52

Baua Electric

JULY 2, 2024

The group’s separate car manufacturing plant in Indonesia plant will begin mass production of the KONA Electric EV starting this month using battery cells produced by HLI Green Power, Hyundai said. Hyundai anticipates the Kona Electric to play a significant role in the growth of the Indonesian EV market.

Indonesia 52

Indonesia Hyundai Motoring Motor 52

Baua Electric

JUNE 18, 2024

New Delhi: Assurance Intl Limited, a renowned name in the lubricant and automotive care industry, is pleased to announce the extension of their successful licensing collaboration with Goodyear Tire & Rubber Company, a global leader in tire and rubber manufacturing based in Akron, Ohio, USA.

Auto 52

Auto Parts Production India 52

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. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. As per industry estimates, about 4.1

Industry 52

Industry Industrial Market Auto 52

Baua Electric

MAY 30, 2024

According to the Central Electricity Authority’s (CEA) latest optimal generation mix report, the BESS market in India is projected to exceed 208 GWh by 2030. Currently, Kabra Extrusiontechnik Limited, under the BATTRIXX brand, is a manufacturer of Lithium-Ion batteries for the E-Mobility market in India, with a production capacity of 2GWh.

Energy Storage 52

Energy Storage Auto Energy Power 52

Baua Electric

MAY 29, 2024

Auto components manufacturer Samvardhana Motherson International Ltd reported a consolidated net profit of INR 1,444 crore for the fourth quarter ending March 2024, marking a substantial increase from the INR 699 crore posted in the same period last year.

Auto 52

Auto Insight International Manufacturer 52

Baua Electric

MARCH 29, 2024

New Delhi: Auto components maker ZF Rane Automotive India Pvt Ltd, on Friday, announced the acquisition of steering wheels manufacturer TRW Sun Steering Wheels Pvt Ltd for an undisclosed sum. Gurugram-headquartered TRW Sun Steering Wheels (TSSW) is a JV between the Sun Group and ZF Group globally.

India 52

India Auto Insight Manufacturer 52

Baua Electric

FEBRUARY 5, 2024

New Delhi: ASK Automotive Limited , leading brake shoe and advanced braking systems manufacturer for two-wheelers in India, has announced its unaudited financial results for the third quarter and nine months ended December 31, 2023. The company has achieved income of INR. 2,21,909 lakh in 9 months of FY24 with 11.2% YoY growth.

Auto 52

Auto Light Insight India 52

Baua Electric

JANUARY 4, 2024

Valeo is a global leader for advanced driving assistance systems (ADAS) and offers a wide range of hardware and software solutions to support the steady growth of this market in India. As mobility is becoming more electric and more connected, Valeo offers solutions to support these trends in the Indian market.

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Manufacturer Auto India Global 40

Baua Electric

MAY 16, 2024

End markets are mixed with weak industrial and auto markets, but strong image sensors, power chips, microcontrollers and other markets, Applied Materials Chief Financial Officer Brice Hill said on a post-earnings call.

Auto 52

Auto Taiwan Insight United States 52

Baua Electric

JUNE 20, 2024

The guidelines, following a proposal in May, will help firms scale back manufacturing projects that only expand production capacity, while enhancing technology innovation and product quality and trimming output costs, the ministry said.

Lithium Ion 52

Lithium Ion Industry Industrial China 52

Baua Electric

MARCH 7, 2024

Prior to Minda Corporation, he worked with Hyundai Motor India as Head – Corporate Communications leading the product, corporate and social marketing initiatives. New Delhi: Communications and marketing professional Ravi Sharma has joined Minda Corporation Limited as Head – Group Communications and Branding.

Corporation 52

Corporation Auto India Hyundai 52

Baua Electric

MAY 30, 2024

New Delhi: Kinetic Engineering Limited (KEL), the flagship of Kinetic Group and a leading auto component manufacturer , has reported 86% growth in FY24 profit at INR 5.22 Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Kinetic Engineering FY24 profit up 86% to INR 5.22

Auto 52

Auto Engine Insight Manufacturer 52

Baua Electric

FEBRUARY 29, 2024

Global Tier 1 automotive company Visteon is planning its next round of investments for the Indian market. The company is planning to invest around USD 20 million to localise backlight manufacturing in India. The new facility is part of Visteon’s overall plans for the Indian market, particularly in the cockpit electronics segment.

India 52

India Auto Energy Storage Manufacturer 52

Baua Electric

JULY 1, 2024

TVS Mobility group on Monday said its subsidiary SI Air Springs has acquired Italy-based automotive components supplier Roberto Nuti Group , which will help it broaden the product range and strengthen its position in the global market.

Italy 52

Italy Auto Europe Insight 52

Baua Electric

JULY 18, 2024

A number of Tesla Inc ‘s component suppliers are scouting for the right location to either kickstart or expand operations in India, people aware said, even as the American car maker’s plans to manufacture in the country remain fluid. Geopolitical Impact India is also gaining from a shift away from China by global manufacturers.

Auto 52

Auto Tesla India Supplies 52

Baua Electric

JUNE 14, 2024

HCMF ) from Taiwan, a leading global manufacturer of automotive sunroof and closure systems. With evolving consumer preferences and premiumisation, the market for sunroof in India is expected to grow significantly. The company operates via its 29 Sales, technical and manufacturing facilities spread globally.

Corporation 52

Corporation Auto Taiwan India 52

Baua Electric

JUNE 20, 2024

The company plans to roll out these retrofitment kits nationwide using advanced manufacturing techniques. The manufacturing process utilizes German robotic arms to ensure precision and quality. The company operates 73 auto LPG stations and seven retrofitment centers across Tamil Nadu, ensuring accessibility for customers.

Conversion 52

Conversion Auto Kits Fuel 52

Baua Electric

JANUARY 17, 2024

Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this year on the back of rebounding demand. billion in the year-earlier period, but that still beat both the company’s and market’s expectations. billion ($20.10

Auto 97

Auto Taiwan Asia Insight 97

Baua Electric

FEBRUARY 6, 2024

With a workforce of over 200 employees, including 30 highly skilled and experienced engineers, this facility will serve the emission products requirements of the Indian Auto industry. Italy, has expanded its operations by opening a new manufacturing facility at Chakan in Pune. and a dedicated 7,000 sq.

Auto 52

Auto Emissions Production India 52

Baua Electric

JUNE 23, 2024

New Delhi: Musashi Auto Parts India Pvt Ltd ( Musashi ), a 100% owned subsidiary of Musashi Seimitsu Industries, Japan and a leading manufacturer of two-wheeler and four-wheeler transmission components in India, announced that it has commenced the mass production of EV two-wheeler e-axles in India.

India 52

India Auto Production Africa 52

Baua Electric

MAY 28, 2024

German auto giant Volkswagen on Tuesday announced plans for a cheaper-than-ever electric model, as it faces increasingly strong competition from Asian rivals that have taken a lead in battery technology. Cheaper Chinese models are not just a concern for Europe’s biggest auto manufacturer, but for European officials.

Europe 52

Europe Auto Battery Batteries 52

CN EV Post

MARCH 16, 2023

Li Auto 's first all-electric model will go into production at its Beijing plant, with an annual capacity of 100,000 all-electric vehicles in the first phase. Li Auto US | Li Auto HK (A rendering of Li Auto's factory posted on Weibo by Beijing Shunyi district authorities.)

Auto 69

Auto Vehicles Extended Range Hyundai 69

The Truth About Cars

JANUARY 17, 2024

The telecommunications giant has established Shenzhen Yinwang Intelligent Technology with a registered capital of 1 billion yuan ($140 million USD) and a focus on smart car equipment manufacturing, artificial intelligence system integration services, and AI software development.

China 104

China Auto Chery Cars 104

Electric Vehicles India

APRIL 14, 2021

Top 10 Electric Vehicle Manufacturers in India 2021. The electric vehicles market in India is growing rapidly and all the automakers are trying to bring new electric vehicles into the market. In this article let’s look into the Top 10 Electric Vehicle Manufacturers in India. . Hero Electric. Okinawa Scooters.

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India Manufacturer Electric Vehicles Vehicles 105

Baua Electric

APRIL 25, 2024

Exide and Amara Raja added a combined market value of about USD 2 billion in April as investors boosted their bets in the nascent clean car market. A rally in India’s battery maker stocks this month looks poised to extend amid optimism over further collaborations with foreign vehicle manufacturers. and Kia Corp. and Kia Corp.

Auto 52

Auto Battery Batteries Cleaning 52

Baua Electric

JULY 17, 2024

The funds will be used to set up initial manufacturing operations in Chennai and develop prototype systems. We will use the funding to set up tooling for manufacturing and purchase the necessary equipment to establish our assembly line to build fuel cells. The company, based in Tennessee, USA, has a subsidiary in Chennai. “We

Low Cost 52

Low Cost Hydrogen Auto India 52

Baua Electric

MAY 9, 2024

Automotive battery manufacturers have been hit by slowing growth in EV demand in the United States and Europe and cut-throat competition in China. While the North American EV market is growing, its pace of expansion has slowed due to a saturation of early-adopter demand, Panasonic said in presentation materials. billion yen (USD 570.18

Auto 52

Auto Battery Batteries South Korea 52

Baua Electric

JULY 11, 2024

To use the service, customers must enter basic details about their vehicle, such as make, model, variant, manufacturing year, and kilometers driven. This innovation not only expands our market reach but also builds trusted relationships with potential buyers.

India 52

India Kia Auto Cars 52

Baua Electric

JUNE 23, 2024

New Delhi: Daewoo , a Korean brand with a 50-year legacy is going to re-enter into the Indian automotive market. “We are excited to reintroduce Daewoo’s automotive batteries to India, combining our global expertise with products tailored specifically for the Indian market.

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India Auto Battery Batteries 52