Baua Electric

JUNE 5, 2024

Based out of the southern part of India, the company will be set up with an investment of over INR 500 crores employing more than 300 people over the next few years. Based out of the southern part of India, the company will be set up with an investment of over INR 500 crores employing more than 300 people over the next few years.

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Baua Electric

APRIL 22, 2024

This move is to meet the growing demand for high-quality driveline solutions for Battery Electric Vehicles (BEVs) in North America, the company said. Over time, it will further diversify its product range to accommodate the evolving technological advancements in electric vehicles.

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Baua Electric

MAY 19, 2024

The company has acquired additional land in Baddi for the expansion. Production is expected to begin in two years, Rajeev Kapur , MD, Steelbird Hi-Tech, told in a media interaction at the manufacturing facility in Baddi. The company is targeting a revenue of over INR 900 crore for FY24-25 and aims to reach INR 1,300 crore by 2026-27.

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Baua Electric

MAY 20, 2024

A report by Senate Finance Committee Chairman Ron Wyden’s staff said BMW imported 8,000 Mini Coopers with parts from a Chinese supplier banned under a 2021 law and that BMW continued to import products with the banned parts until at least April. VW said on Monday it has since replaced the parts in all vehicles held at U.S.

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Baua Electric

APRIL 24, 2024

ASK Automotive Ltd – AISIN Group Companies Joint Venture New Delhi: ASK Automotive Limited, India’s largest manufacturer of Brake Shoes and Advanced Braking Systems for Two-Wheelers, announced a Landmark Joint Venture Agreement with AISIN Group Companies, comprising AISIN Asia (Thailand) Co.

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Baua Electric

MAY 9, 2024

It seems Sona BLW Precision Forgings ( Sona Comstar ) , for one, is adopting a three-pronged strategy: Banking on the protectionist policies of the governments of USA and India to keep the Chinese out, altering the product-mix according to demand swings, and juggling geographies.

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Baua Electric

JANUARY 26, 2024

The program is slated for launch in 2025 with a peak annual sales value of INR 80 crore, the company said in a media release. The company selected Aguascalientes because of its strategic location in the heart of Mexico.

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Baua Electric

JANUARY 13, 2024

billion euros in October last year, the company said. Electric motor component maker EuroGroup Laminations said on Friday it would invest 50 million euros (USD 55 million) to expand its production capacity in Mexico to serve the automotive industry. The Italian company has Volkswagen , Renault , Ford , GM and an undisclosed U.S.-based

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Baua Electric

JANUARY 9, 2024

The company has entered into a memorandum of understanding (MoU) with Guidance, the nodal agency of the state government as part of the Tamil Nadu Global Investors Meet 2024, it said in a regulatory filing. The MoU is non binding and at present does not have a material impact on operations of the company, it added.

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Baua Electric

JUNE 24, 2024

The collaboration is expected to enhance Amara Raja’s product offering, drive innovation, and secure a strong market position in the rapidly evolving energy sector. With an expected capacity layout of 300GWh by 2025, the company stands out in the global new energy landscape.

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Baua Electric

MAY 24, 2024

climb in fourth-quarter profit on Friday, helped by better demand for its automotive products and consumer goods. billion rupees a year earlier for the company, which makes auto parts and accessories for cars, two wheelers and railways among others. Net profit rose to 5.65 billion rupees (USD 67.99

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Green Car Congress

JUNE 23, 2013

GE and OJSC Rosneft, one of the world’s leading oil companies, signed a strategic agreement to establish a joint venture focused on developing local expertise and technology solutions for the growing oil and gas sector in the Russian Federation. Enhancing production, including the use of artificial lift technologies.

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Baua Electric

JUNE 28, 2024

The Indian-owned giant had planned to start shutting the first furnace in late June and the second by September as part of an overhaul as it transitions to greener production of steel. The overhaul comes with the European steel industry facing upheaval as it tries to finance less carbon-intensive production. billion (USD 1.58

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Baua Electric

MAY 16, 2024

MAHLE announced the sale of the thermostat product range to ADMETOS in August 2023. As part of the deal, ADMETOS is taking on around 600 employees in six countries. In ADMETOS, we have found an owner that offers both the company and its employees a stable, promising outlook.

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Teslarati

NOVEMBER 2, 2021

And while the private space company formally dropped the “Beta” wording for its satellite internet service, SpaceX also warned customers that the ongoing worldwide chip shortage is delaying orders. “Silicon shortages have delayed production which has impacted our ability to fulfill orders.

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Baua Electric

JANUARY 10, 2024

silicon anode startup scale up production for electric vehicle batteries at a factory in Germany, the two companies said on Wednesday. The deal is part of the InvestEU, which aims to trigger investments of 372 billion euros in new technologies by 2027. (USD

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Baua Electric

MAY 3, 2024

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. The company has benefited from automakers rushing to put out vehicles with smaller engines that are powerful and meet modern emission norms. to USD 4.00. to USD 4.00.

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Baua Electric

JANUARY 17, 2024

Automotive Cells Co ( ACC ) has partnered with UK startup Circulor to check the provenance and embedded carbon emissions of raw materials the France-based battery maker uses for electric vehicle (EV) battery cells, the two companies said on Wednesday. The French plant should start mass production soon. billion) investment.

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Baua Electric

APRIL 29, 2024

Speaking at Codelco’s annual shareholders meeting, Pacheco said the company planned to carry out exploration to gauge the potential for lithium production at the salt flat. Chile holds the world’s largest lithium reserves. Lithium in Chile is currently mined only in the Atacama salt flat.

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Baua Electric

JUNE 29, 2024

Last August, Ola Electric raised USD 240 million from State Bank of India for building the Gigafactory as part of a USD 384 million financing round that saw participation from Singapore’s sovereign fund Temasek. Ola Electric recently received certification from the Bureau of Indian Standards (BIS) for the battery cells, he said.

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Green Car Congress

JULY 2, 2020

The project intends to remove these barriers to entry and prioritize the benefits of driverless vehicles for metropolitan and low-speed use cases where the benefits are the greatest and a collaborative approach is already determined by the involvement of multiple public agencies and private companies.

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Baua Electric

MARCH 13, 2024

million shares in the France-based company for 14.64 The Luxembourg-based holding company does not intend to launch a tender offer for Vallourec’s remaining shares over the next six months, it added. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post ArcelorMittal to buy 28.4%

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Baua Electric

MAY 4, 2024

Magna executives said on a post-earnings call the company was assessing impacts from automakers’ shifting electrification plans, particularly in North America. The company’s shares were down about 4% in early trade.

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Baua Electric

MARCH 14, 2024

Subaru Corporation and Aisin Corporation have agreed to jointly develop and share production of eAxles for use in battery electric vehicles (BEVs) that Subaru will start producing from the latter half of the 2020s, by combining their knowledge and expertise in vehicle and transmission development.

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Baua Electric

MAY 2, 2024

Many producers worldwide have cut production and reduced their workforce. Albemarle’s biggest segment, which focuses on products and technologies that enable the development and production of lithium-ion batteries used in electric vehicles, posted quarterly adjusted core profit of USD 198 million, compared with USD 1.57

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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. It has been playing an instrumental role in driving EV adoption and penetration in India, the company said in a media release. Swapnil Jain, Managing Director of Pavna Industries Ltd.,

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Baua Electric

MARCH 20, 2024

The company purchased the Rincon project from Rincon Mining in 2022 for USD 825 mn, and plans to develop a battery-grade lithium carbonate plant with an annual capacity of 3,000 tons. The country’s lithium production increased more than 45% from 2022 to 2023, according to the U.S. Geological Survey, reaching 9,600 metric tons.

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Baua Electric

MARCH 29, 2024

Harsha Kadam German auto parts maker Schaeffler on Friday said its board has approved the re-appointment of Harsha Kadam as the Managing Director (MD) and CEO of its India arm for a period of three years, effective from October 1, 2024. The re-appointment is subject to the company’s shareholders’ nod.

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Baua Electric

MARCH 19, 2024

As part of this deal Yachiyo’s 2W business (housed under Goshi) will get transferred to Honda Motor. is engaged in production of automobile parts like sunroofs, fuel tanks and resin products. is engaged in production of automobile parts like sunroofs, fuel tanks and resin products.

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Baua Electric

MAY 29, 2024

The Indian Government’s continued focus on infrastructure and higher allocation in the interim budget is driving growth in end markets of interest for the company. The company recorded another year of record revenue and profit, driven by strong demand from the domestic market while export market demand was soft.

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Baua Electric

JUNE 25, 2024

The company aims to make ERP solutions more accessible and affordable for smaller businesses, particularly in a segment that generally lacks comprehensive technological support. The MSME sector is a crucial part of the Indian economy but often lacks accessible technology solutions. .

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Baua Electric

APRIL 23, 2024

The company is a major supplier of battery packs for solar lighting applications in India and also produces monocrystalline and polycrystalline PV panels. RCRSIL’s Noida facility boasts advanced laboratories and testing equipment, with the company holding over 20 certifications for its products.

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Baua Electric

MAY 17, 2024

General Motors first launched Chevrolet Bolt EVs in 2015, and used batteries made by LG entities as part of a business arrangement with the car manufacturer. “As a result, Bolt owners who received a battery replacement or who have installed the latest advanced diagnostic software may qualify for compensation,” the company said.

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Baua Electric

MAY 1, 2024

Auto engineering company Sona Comstar is planning to invest INR 1,200 crore over the next three financial years to productionise its INR 22,600crore order book of which just under INR 18,000crore are EV segment orders. However, the Red Sea crisis has hit its margins by 0.35-0.4% However, the Red Sea crisis has hit its margins by 0.35-0.4%

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Baua Electric

JUNE 24, 2024

Many have continued to seal deals for land acquisition – typically the toughest part in beginning a greenfield project – in FY24 and even after the new fiscal year commenced. Others have marched on by announcing new joint ventures and other expansion plans, in a bid to acquire technical knowhow and get into new product lines.

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Baua Electric

FEBRUARY 28, 2024

The Yamaha Performance Damper is a vehicle body vibration damper that is installed in the main parts of passenger cars and motorcycles. has produced a total of three-million of the Yamaha Performance Damper , an anti-vibration damper for automobiles since its manufacturing began in 2004, the company said. New Delhi: Yamaha Motor Co.,

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Baua Electric

MAY 28, 2024

The company reported for the Q4 of FY24 a revenue of INR 2,796.73 The company reported for the Q4 of FY24 a revenue of INR 2,796.73 Today, we have a wide array of products and solutions that cater to every type of automotive and industrial application.” crore and profit before tax (PBT) of INR 305.34 crore compared to INR10,389.71

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