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Verizon’s 5G Ultra Wideband network has considerably faster download speeds and greater bandwidth than 4G networks. billion investment, the largest ever for a GM manufacturing facility. —Phil Kienle, GM vice president of North America Manufacturing and Labor Relations. Factory ZERO is being completely retooled with a $2.2-billion
The two previous datasets have been downloaded 5,000 times and the new images and videos from the European dataset will be added to the growing library of available video and images to further speed up CNN training of thermal data. Similar to the previously released thermal imaging datasets for San Francisco, Calif. and Santa Barbara, Calif.,
Unlock the secrets of battery cell design, manufacturing quality, and degradation by downloading Intertek’s Top-12 FAQ sheet on Battery Cell Teardown (also known as Battery Cell Autopsy or Disassembly). How can teardown reveal defects and manufacturing issues? Sponsored by Intertek.
We have close to 300,000 design engineers designing practically every complex chip that is manufactured in the world. So, it is very natural to move on to the value chain and towards manufacturing. The government, he said, was also ensuring that there was a well-rounded semiconductor ecosystem in India. “We
GMC revealed the new 2015 Canyon midsize pickup on the eve of the North American International Auto Show in Detroit. The driver can select four modes, 2WD, Auto, 4WD HI, or 4WD Lo. It allows customers to download apps directly to their IntelliLink system and organize, update or delete them throughout the life of the vehicle.
The proceeds from the IPO are intended for use in meeting working capital requirements and expanding battery manufacturing capacity. Based in Noida, RCRSIL manufactures and markets Lithium-Ion batteries and solar panels under the EXEGI brand, from its two manufacturing plants in the Delhi-NCR region. crore and a profit of INR 1.35
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.
New Delhi: Ola Electric, India’s largest EV manufacturer, Thursday announced the countrywide rollout of the Move OS4 with a slew of new and improved features. The rollout will see all Ola customers receive over-the-air (OTA) upgrades that will unlock the true potential of their scooters.
The GENIVI Alliance, an automotive industry association driving the broad adoption of specified, open source, In-Vehicle Infotainment (IVI) software, will showcase its latest Remote Vehicle Interaction (RVI) open source software technology at the Connected Car Expo (CCE) held in conjunction with the LA Auto Show from 16 – 18 November.
Bhavish Aggarwal Ola Founder and CEO Bhavish Aggarwal on Sunday s ai d that with the kind of talent India has, it will become a global leader in artificial intelligence (AI) the way China became in manufacturing.
Super Screws Pvt Ltd memorandum of understanding (MoU) with Mitsuchi Corporation New Delhi: Super Screws Pvt Ltd has announced a memorandum of understanding (MoU) with Mitsuchi Corporation of Japan to establish a joint venture aimed at manufacturing and selling special cold forged parts in India.
Hyundai Motor America, in partnership with Hyundai Capital America, announced its new Evolve+ electric vehicle subscription service at the 2023 Chicago Auto Show. How it works: Customers download the Evolve+ app from Google Play or the Apple Store to their smartphone. It is a no haggling, stress-free delivery experience.
Ford unveiled the new Ford Focus four-door sedan prior to its debut at the 2014 New York International Auto Show next week. liter EcoBoost engine with a new six-speed manual transmission and standard Auto Start-Stop feature in the US-spec Focus. Ford builds the Focus in eight manufacturing plants on four continents.
The ministry had announced the re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. The bids for manufacturing facilities with a cumulative capacity of 70 GWh came in response to a global tender issued by the Heavy Industries Ministry on January 24 this year.
While Automatic’s device has been available in Apple and Best Buy stores since last year, this is the first time the company has teamed up with an automanufacturer to experiment with its in-vehicle entertainment and communications system. Customers will be given the option to opt-in to Automatic. Behavior Connected vehicles'
Yachiyo India Manufacturing , the Indian subsidiary of Yachiyo Industry Co. MSSL Mideast (FZE) which is a 100% subsidiary of SAMIL will acquire 100% of Yachiyo’s Indian subsidiary i.e., Yachiyo India Manufacturing Private Limited (YIM). As part of this deal Yachiyo’s 2W business (housed under Goshi) will get transferred to Honda Motor.
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.
The five largest automanufacturers will face massive U.S. This report examines auto industry lapse trends and how a company’s decisions on keeping, selling or pruning patents can greatly impact its cost savings and revenue generation opportunities. patent fees within the next five years. Volume 2 of the U.S.
a Panasonic Group company, have signed a binding term sheet to form a JV for manufacturing cylindrical lithium-ion cells in India for two-and three-wheel vehicles and energy storage systems, the public sector oil giant announced on Sunday. New Delhi: Indian Oil Corporation Limited and Japan’s Panasonic Energy Co.
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. Representative image. With this, the company is gearing up to meet the growing demand for clean energy storage solutions, according to a company statement.
External Affairs Minister S Jaishankar External Affairs Minister S Jaishankar on Saturday briefed Singapore’s business community about the strides taken by India in the field of manufacture of semiconductors and appealed to them to invest in this key sector in the country.
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.
Ratan Tata Manufacturing of semiconductors in Assam will put the state on the global map, said industrialist and philanthropist Ratan Tata , whose conglomerate has put in INR 27,000 crore in investments for a semiconductor plant in Jagiroad. PM Modi has the conviction that for Viksit Bharat we need electronics manufacturing.
Forvia, which supplies parts to Stellantis, Volkswagen and Ford, and is also active in China, is affected by falling auto demand and competition from Chinese manufacturers. Organic revenue growth in North America was 6.8%, mainly driven by higher sales in the seating business, while auto production increased by 1.4%.
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.
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.”
Raju B Ketkale New Delhi: Raju B Ketkale , Executive Director, will take over charge as CEO of Lumax Industries Limited, a leading Tier-1 automotive lighting system and component manufacturer of the Lumax-DK Jain Group. He joined Lumax Group in October 2023 as Executive Director of Manufacturing and Corporate Function.
New Delhi: BMW Group has advanced its manufacturing process by integrating custom 3D-printed gripper robots at its Munich plant, significantly boosting efficiency on production lines, including those assembling the BMW i4. In 2023, BMW’s focus on additive manufacturing resulted in over 400,000 parts produced using this technology.
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. So, it has potential to become a hub for manufacturing automobile components.
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.
Gone are the days when the auto industry used to be hardware oriented.” With decades of investments in the internal combustion engine (ICE) technology, automanufacturers 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.
Auto parts supplier BorgWarner raised its full-year adjusted profit outlook on Thursday, aided by sustained demand from its exhausts, turbos and emission control systems. BorgWarner now expects its full-year adjusted profit per share to be between USD 3.80 and USD 4.15, compared with its prior outlook of USD 3.65 to USD 4.00.
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. bn provides strong revenue visibility.
Tesla has sued its former supplier Matthews International in California federal court for allegedly stealing trade secrets related to Tesla’s battery-manufacturing process and sharing them with the electric-vehicle giant’s competitors. The lawsuit, filed on Friday in U.S.
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.
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.
The disparity in GST rates between Auto LPG and EVs, which enjoy heavy subsidies, creates a financial barrier for consumers and businesses considering the switch to Auto LPG. his appeal, Gupta highlighted the substantial environmental and economic benefits that Auto LPG offers over traditional fuels.
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
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. in Indonesia, allowing the South Korean automotive giant a fully-integrated EV production system in the Southeast Asian nation.
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 automanufacturer, but for European officials.
It will also support cities such as Zaozhuang and Jining in lithium battery manufacturing and energy storage projects. Updated On Jul 8, 2024 at 11:15 AM IST --> Published On Jul 8, 2024 at 11:12 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.
Auto components maker Uno Minda on Wednesday said it has tied up with China’s Suzhou lnovance Automotive Co for production of electric vehicle components. “Similar to our success in electric-two wheeler segment, we are building a strong portfolio for electric four wheeler vertical,” Uno Minda Group CMD Nirmal K Minda stated.
The cars being recalled were manufactured between November 2022 and April 2024, according to a transport ministry filing. Toyota Motor has recalled more than 135,000 Prius hybrid cars in Japan and suspended taking new orders for the model due to a problem with rear door handles. No accidents have been reported due to the fault.
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