Baua Electric

MARCH 1, 2024

.’ With the beginning of Punjab assembly ’s budget session, optimism has surged in the Mandi Gobindgarh and Fatehgarh Sahib’s iron and steel industry , which has been anticipating positive announcements and relief measures. In another setback, the govt has imposed 0.25% revenue charges on bank limits.

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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. This investment results from the India Semiconductor Mission (ISM) and the Production Linked Incentive (PLI) scheme.

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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

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

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.

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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. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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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. The partnership also aims to harness research data to further these goals.

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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. (USD

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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. Industrial and IoT revenue grew 14%, while mobile revenue was up 34% in the first quarter.

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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

APRIL 22, 2024

New Delhi: Pavna Industries Limited, a leading automotive parts manufacturer has inked an agreement with Ola Electric to supply ignition switches and latches, consolidating its foray into the electric two-wheeler segment. Swapnil Jain, Managing Director of Pavna Industries Ltd.,

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Baua Electric

JUNE 21, 2024

Industry 4.0 represents the fourth industrial revolution, characterized by advanced technologies, automation, data exchange, and manufacturing systems. New Delhi: The automotive industry in India has come a long way since the 1980s, when car ownership was at its infancy and options were limited. Industry 4.0

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Baua Electric

MARCH 6, 2024

Battery maker Exide Industries Ltd on Wednesday said it has further invested nearly INR 40 crore in its wholly-owned arm advanced chemistry battery cells manufacturer Exide Energy Solutions Ltd. “With this investment, the total investment made by the company in EESL stands at INR 1,965 crore.

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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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Baua Electric

APRIL 5, 2024

Japan will expand its Russia-bound export ban to include 164 additional industrial items such as lithium-ion batteries, gas pipes and car engine oil, the trade ministry said on Friday.

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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

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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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.

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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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Baua Electric

JANUARY 17, 2024

(USD 1 = 0.9204 euros) Updated On Jan 18, 2024 at 12:41 PM IST --> Published On Jan 18, 2024 at 12:29 PM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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Germany Auto Battery Batteries 94

Baua Electric

MAY 21, 2024

Even as CV industry players, including Ashok Leyland launch CNG and LNG trucks, these fuel need not be pushed as that may amount to “just distracting ourselves”. The Union Government’s directive to the industry is also clear – move away from fossil fuels including diesel. For the CV industry , it can be a case of easier said than done.

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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.

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Baua Electric

JANUARY 23, 2024

The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday. India has emerged as the automotive powerhouse and the world is looking at us.

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Baua Electric

MARCH 29, 2024

Updated On Mar 29, 2024 at 01:12 PM IST --> Published On Mar 29, 2024 at 01:08 PM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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Baua Electric

JULY 22, 2024

With over 20 years of experience in the electric vehicle industry, Ahamani emphasizes innovation and quality. Updated On Jul 22, 2024 at 04:23 PM IST --> Published On Jul 22, 2024 at 04:20 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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Auto Companies India Sustainable Transportation 52

Baua Electric

MAY 10, 2024

auto safety regulator said on Friday it was opening a preliminary evaluation into 210,960 Ford vehicles following complaints alleging diesel fuel leaks that may result in a fire. The agency’s preliminary evaluation is the first step to determine whether the vehicles pose an unreasonable risk to safety.

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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.

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Baua Electric

MAY 13, 2024

Despite being traditionally perceived as secure, the industry faced a notable surge in cyberattacks in 2023. Seqrite urges all stakeholders in the automotive industry ecosystem, including manufacturers, sellers, consumers, suppliers, and repairers, to prioritize cybersecurity and collaborate towards a safer future.

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Auto Supplies India Insight 52

Baua Electric

MAY 2, 2024

Garmin topped Wall Street estimates for first-quarter results on Wednesday as the Swiss navigation device maker benefited from new launches and strong demand for its products in fitness and auto segments, sending its shares up 9.6%. Garmin’s first-quarter revenue surged 20% to USD 1.38 billion, according to LSEG data.

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Baua Electric

MAY 5, 2024

Union road transport minister Nitin Gadkari on Saturday said Kolhapur had the potential to become a hub for manufacturing automobile components and that govt was looking to turn the ethanol industry into a INR 2-lakh-crore sector. Kolhapur is home to sugar mills and we are going to make the ethanol industry a INR 2-lakh-crore sector.

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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

JULY 17, 2024

Samsung has launched an energy management service for Tesla electric vehicles in the United States as part of their strategic partnership aimed at enhancing connectivity at home, industry sources said on Wednesday. Samsung’s ‘SmartThings Energy’ platform is now available for Tesla drivers in the U.S.,

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Baua Electric

JULY 16, 2024

The vehicle at one of the world’s busiest airports can tow up to 13 tons of containers, joint developers All Nippon Airways (ANA) and Toyota Industries said in a statement. It can pull up to six containers at a time, trundling between aircraft and airport buildings over a distance of around two kilometres (1.2

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Auto Vehicles Japan Insight 52

Baua Electric

MAY 16, 2024

This restructuring is aimed at productivity enhancement in an AI-led era that is redefining the cab-hailing industry globally. Updated On May 17, 2024 at 07:36 AM IST --> Published On May 17, 2024 at 07:28 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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Companies Auto Insight Parts 52

Baua Electric

MAY 15, 2024

The Indian mines ministry is also encouraging other state-owned companies, such as ONGC Videsh , to scout for critical minerals overseas, Rao told reporters at the sidelines of an industry conference in New Delhi. India will additionally take a delegation to Zambia in June, with executives from the Tata Group and Vedanta , he said.

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Coal India Zambia Auto 52

Baua Electric

JULY 15, 2024

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. It is worth noting that Namma Yatri is testing the cab rental services in Chennai.

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