Baua Electric

APRIL 29, 2024

The company said in February it expects pricing to be flat in 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.

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Baua Electric

APRIL 11, 2024

The collaboration will also see both organisations leveraging their events and initiatives to enable companies to meet, form new partnerships and advance the emerging Indian manufacturing and design ecosystem. SEMI represents over 3,000 member companies in the semiconductor design and manufacturing supply chain.

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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. “The question is where do we put our next capacity.

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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

MARCH 6, 2024

“With this investment, the total investment made by the company in EESL stands at INR 1,965 crore. There is no change in the shareholding percentage of the company in EESL pursuant to such an acquisition,” it added. “With this investment, the total investment made by the company in EESL stands at INR 1,965 crore.

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Baua Electric

APRIL 22, 2024

Ola Electric Mobility has been playing an instrumental role in driving EV adoption and penetration in India, the company said in a media release. Under this agreement, Pavna Industries commits to providing high-quality ignition switches and latches to Ola Electric across its manufacturing plants in India.

Industrial 52

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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

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. billion incentive package for companies establishing semiconductor manufacturing facilities in the country.

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Baua Electric

MARCH 28, 2024

The new industry-first vehicle software platform, called ‘S32 CoreRide’, simplifies complex vehicle architecture development and cuts costs for automakers and tier-1 suppliers.

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Teslarati

AUGUST 30, 2022

The company will install Starlink on its International, Celebrity Cruises, and Silversea Cruise ships. Royal Caribbean’s president and CEO, Jason Liberty, said that Starlink demonstrated the company’s ability to continue its purpose of delivering the best vacation experiences to its guests. Your feedback is important.

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Baua Electric

JULY 22, 2024

The company has also patented an E-Scooter rental management system and a leasing program, both of which have received widespread recognition. a prominent innovator in electric two-wheelers and AIOT smart sharing mobility, has begun discussions with key Indian automotive companies for a substantial technology transfer.

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Baua Electric

MARCH 27, 2024

It added that government subsidies will also be used to augment the venture, which will serve sectors such as automotive, power, electronics, and industrial markets. RRP Electronics , a company backed by former cricketer Sachin Tendulkar , on Tuesday announced an investment of INR 5,000 crore for a semiconductor facility in Maharashtra.

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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. The company said this was a crucial point in determining the location.

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Baua Electric

APRIL 29, 2024

Ride-hailing major Ola Cabs ’ chief executive Hemant Bakshi is leaving the firm just three months after he joined the company, people in the know told ET. Ola Cabs founder Bhavish Agarwal continues to be the chairman and managing director.

Auto 52

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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.

India 52

India Manufacturer Industrial Industry 52

Baua Electric

APRIL 4, 2024

The Vancouver-based company, whose main business is a hard rock lithium project at Brazil’s Grota do Cirilo , started scouting for potential buyers about a year ago. Cabral-Gardner said Bank of America was still leading a strategic review of the company, but she declined to give details. Sigma has denied the allegations.

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Baua Electric

MAY 5, 2024

The startup, supported by IITM Pravartak Technologies Foundation and incubated in the IIT-Madras Incubation Cell, said the chip has had a successful MPW tape-out (the silicon industry term for prototyping) at the 28nm node, and that reference boards will be available for original equipment manufacturers to try out it in the coming weeks.

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Cars That Think

JULY 30, 2024

Semiconductor Industry , the Semiconductor Industry Association forecast a demand for 69,000 microelectronic and semiconductor engineers between 2023 and 2030—including 28,900 new positions created by industry expansion and 40,100 openings to replace engineers who retire or leave the field. semiconductor industry.

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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.

Industrial 52

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Baua Electric

MAY 22, 2024

A newly-established Portuguese company backed by a wealthy business conglomerate is hoping to build two lithium refineries in the Iberian Peninsula by 2030, its chief executive said on Tuesday. Lifthium estimates the projects would together cost around 1 billion euros (USD 1.1 “We also have to respond to these challenges.”

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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

Industrial 52

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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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India Industrial Industry Auto 52

Baua Electric

MAY 10, 2024

Autonomous vehicle technology company Motional has sacked around 550 employees, or about 40% of its workforce, in the US, reports said on Saturday. Motional is a joint venture between Hyundai Motor Group and auto parts supplier Aptiv.

Auto 40

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Baua Electric

MARCH 6, 2024

Hanif Qureshi, Additional Secretary, Union Ministry of Heavy Industries, Vinod Aggarwal, Jury Chairman of the ACMA Excellence Awards, President of SIAM, and Managing Director & CEO of VECV; and Professor Paramjit S. Senthil Kumar, Vice President-Central Purchase at TVS Motor Company; R Sundar, Asst.

Auto 52

Auto Companies India Production 52

Blink Charging

SEPTEMBER 20, 2023

One type of company that is set to reap the rewards of the country’s transition from internal combustion engine (ICE) vehicles to electric vehicles (EVs) is parking management companies. To borrow from another industry, an EV charging network is a little bit like a cellular network.

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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. The latest investment is part of a larger commitment from Tata Group companies, such as Tata Consultancy Services and Tata Advanced Systems, to expand in the state.

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Auto Suzuki Insight India 98

Baua Electric

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. As per industry estimates, about 4.1 Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold.

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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. Circulor CEO Douglas Johnson-Poensgen said the company was currently talking to companies up and down the EV battery cell supply chain. billion) investment.

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Baua Electric

FEBRUARY 29, 2024

The company has also divested its 10% stake held in Malur Logistics & Industrial Parks, Venkatapura Logistics & Industrial Parks, Kalina Warehousing, Panvel Warehousing, and Allcargo Logistics & Industrial Park, for an equity consideration of nearly INR 4.55 crore as cash proceeds.

Auto 52

Auto Insight Industrial Industry 52

Baua Electric

JUNE 26, 2024

South Korean authorities on Wednesday ordered a lithium battery maker to halt factory operations indefinitely after a fire killed 23 people and said three company officials were under investigation on suspicion of having violated industrial safety laws.

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Auto South Korea Battery Batteries 52

Cars That Think

MAY 6, 2023

By now, the cellular industry’s rollout of 5G networks is three or four years old. And while the industry is still hunting for that killer use case that will cement 5G’s place in the highest echelons of cellular technology, the generation is doing, at its core, what it was supposed to do—sort of. So it’s a small group.

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Baua Electric

MAY 16, 2024

Revenue from the company’s vehicle sales division rose 3.5% The Dallas-based company, which primarily provides services to sell damaged and total-loss vehicles to used-car dealers and dismantlers, has benefited from robust volumes of salvage vehicles. Revenue from the company’s vehicle sales division rose 3.5%

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Baua Electric

JULY 1, 2024

a Canadian company known for its simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design verification. ” DSim will be accessible through Altair One, Altair’s cloud innovation gateway, and will also be available for desktop download. .”

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Baua Electric

JUNE 20, 2024

The company specializes in creating custom-designed batteries tailored to meet the specific requirements of global mainstream and specialist original equipment manufacturers (OEMs). The company reiterated its commitment to enhancing its footprint within this industry through strategic investments.

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Auto Energy Slovakia Insight 52

Baua Electric

JUNE 19, 2024

This move aims to enhance the financial flexibility needed for the company’s growth initiatives. As the market leader in India’s commercial vehicle supplier industry, ZF CVCS India remains crucial to ZF’s global growth plans. New Delhi: ZF Group has sold a 7.5%

Auto 52

Auto India Environment Insight 52

Baua Electric

APRIL 23, 2024

The government on Tuesday said it received bids from seven companies including Reliance Industries and JSW Neo Energy for production-linked incentives to set up battery manufacturing facilities of 10 GWh capacity with an outlay of INR 3,620 crore. The agreement with selected companies was signed in July 2022.

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Manufacturer Auto Energy Battery 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. State-run miners Coal India and NMDC are exploring lithium mines in Chile and Australia , Secretary of Mines V.L.

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