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Suzuki and SkyDrive start production of ‘flying cars’ in Iwata, Shizuoka, Japan – ET Auto

Baua Electric

MARCH 7, 2024

In addition to the aircraft to be used at the Expo 2025 Osaka, Kansai, Japan, aircraft for sales to customers will be manufactured at this plant.

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Ola Electric to invest USD 100 mn in gigafactory – ET Auto

Baua Electric

JUNE 29, 2024

Early next year, you can expect to see our own cells in our own products… we have some work to do around finalising the production process and commercialisation, but we are on our way,” he added. The firm is proposing to raise up to INR 5,500 crore through a fresh issue and an offer-for-sale (OFS) of 95.2 million shares.

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Autonomous car rules advancing faster than the vehicles themselves: UN – ET Auto

Baua Electric

JUNE 26, 2024

He said regulations for electric vehicles was ready before they hit the market, and the framework is also now in place for hydrogen vehicles, should the industry move towards mass production. Five levels There are five levels of automation, with the lower levels already becoming commonplace.

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Tata Motors CV earmarks 40% of its investment this year on advanced technologies – ET Auto

Baua Electric

JUNE 26, 2024

Their 30-year old joint venture has spawned an entity called TCPL Green Energy Solutions (GES), which will focus on the development and manufacturing of ‘sustainable technology products’.

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Exicom Tele-Systems IPO subscribed 10 times on first day of offer – ET Auto

Baua Electric

FEBRUARY 27, 2024

The IPO has a fresh issue of equity shares aggregating up to INR 329 crore and an Offer For Sale (OFS) component of up to 70.42 The Qualified Institutional Buyers (QIBs) category fetched 73 % subscription. The IPO got fully subscribed within hours of beginning of the bidding process.

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Vietnam’s VinFast to set up EV battery plant in India -sources – ET Auto

Baua Electric

JANUARY 3, 2024

Reuters reported in September VinFast had begun hiring for sales, legal and back office jobs in India, seeking recruits who “dare to think, dare to do, and dare to face difficulties.” It added production will commence in 2026.

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At CES, legacy automakers scramble to keep up in AI arms race – ET Auto

Baua Electric

JANUARY 10, 2024

Not so long ago, automakers boasted about horsepower and towing capabilities in their cars and pickups, but in the fast-changing world of technology that now dominates the auto industry, software-driven enhancements are prominent in consumers’ minds. The transition to software-dominated cars is challenging.

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