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Hyundai Motor doubles down on ensuring longer driving range of EVs – ET Auto

Baua Electric

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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Chipmaker NXP forecasts Q2 profit above estimates on industrial demand recovery – ET Auto

Baua Electric

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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Pavna Industries inks deal with Ola Electric to supply ignition switches, latches for EVs – ET Auto

Baua Electric

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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Chinese EV battery maker CATL unveils LFP battery with 1,000 km range – ET Auto

Baua Electric

Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron phosphate (LFP) battery with a driving range of more than 1,000 kilometres (621 miles) on a single charge. LFP batteries are environmentally friendlier than the lithium-ion batteries more commonly used in EVs.

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Renault’s EV unit Ampere to bet on LFP technology for EV batteries – ET Auto

Baua Electric

The company also pledged to work towards the development of so-called Cell-to-Pack battery solutions, aimed at boosting the range of its electric cars, together with LG Energy Solutions.

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Assurance Intl extends its licensing collaboration with Goodyear; introduces new auto parts and other products – ET Auto

Baua Electric

This strategic collaboration aims to leverage the strengths of both companies to provide a comprehensive range of products that cater to the evolving needs of automotive consumers. The new product line will include high-quality car accessories and premium car care solutions designed to enhance vehicle performance, aesthetics and longevity.

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Ford CEO Jim Farley posts an insightful ode to electric vehicles as a ‘lifelong petrol head’

Baua Electric

Long before Farley took over, the automotive industry had begun to shift toward electric vehicles that are more powerful, quieter, and, most importantly, cleaner in emissions. Furthermore, he does an excellent job of addressing common misconceptions about EVs as well as his predictions for the future of the industry.

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