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Budget 2024: ‘Critical Mineral Mission’ to boost EV battery production – ET Auto

Baua Electric

Union Budget 2024-25 : The Finance Minister Nirmala Sitharaman in the Union Budget 2024-25 announced on Tuesday the establishment of Critical Mineral Mission to boost domestic production and overseas acquisition of critical mineral assets and their recycling.

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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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Aftermarket arm of Lumax Auto Tech partners with Bluechem Group for car care products – ET Auto

Baua Electric

In India, the company will introduce co-branded products distributed by Lumax Aftermarket through its extensive network of 350+ channel partners and over 30,000 workshops located across India. The Bluechem Group, based in Germany, is a renowned global company in automotive maintenance, care products and services.

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Tata Motors files 222 patent applications and secures 333 patents in FY24 – ET Auto

Baua Electric

Tata Motors’ strong commitment to engineering excellence, cleaner powertrains, design, connectivity, and intelligent safety features ensures that its innovations seamlessly align with real-world needs. They also cover various vehicle systems such as powertrain, body & trim, suspension, brakes, HVAC, and emission control.

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KR Fuels obtains approval for LPG conversion in 2Ws – ET Auto

Baua Electric

“This significant milestone not only underscores the potential of Auto LPG as a cleaner, greener alternative to conventional fuels but also represents a crucial step towards reducing vehicular emissions across India. KR Fuels has started production with an initial batch of 8000 tanks ready for distribution.

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Ahamani EV Tech explores technology transfer opportunities to Indian auto companies – ET Auto

Baua Electric

Our strong R&D and product development track record positions us well for technology collaboration,” she stated. As the nation moves toward cleaner energy, Ahamani’s focus on quality and sustainability is set to play a critical role in achieving India’s green transportation goals.

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Advik acquires business assets of UK-based Aceleron Energy for advanced Li-ion batteries – ET Auto

Baua Electric

By incorporating Aceleron’s assets, Advik aims to broaden its product range and customer reach, with a focus on advancing energy storage solutions for the future. With this Advik forays into the Electric Vehicle (EV) and Energy Storage System (ESS) sectors, a step that aligns with its expansion plans. The company said.

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