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. Exide’s standalone profit after tax rose 36.6% from a year ago to 2.84 bn rupees as per LSEG data. Exide’s standalone profit after tax rose 36.6%

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Baua Electric

APRIL 22, 2024

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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Baua Electric

JUNE 20, 2024

Rajendra Petkar, President & CTO, Tata Motors Bengaluru: The future of the automotive industry will be defined by technology and software along with sustainability , industry’s top voices said at the Day 1 of the 5th edition of ETAuto Tech Summit concluded on Thursday. Kausalya Nandakumar, COO, MEAL agreed.

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Baua Electric

MAY 21, 2024

Even as CV industry players, including Ashok Leyland launch CNG and LNG trucks, these fuel need not be pushed as that may amount to “just distracting ourselves”. The Union Government’s directive to the industry is also clear – move away from fossil fuels including diesel. For the CV industry , it can be a case of easier said than done.

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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.

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Baua Electric

FEBRUARY 2, 2024

New Delhi: Continental Tire, the tyre manufacturing arm of the Continental Group, has estimated the tyre industry in India might double by 2030. This industry should double the revenues by 2030,” Samir Gupta , MD of Continental Tires India, told ETAuto on the side-lines of Bharat Mobility Expo 2024.

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Baua Electric

APRIL 5, 2024

Japan will expand its Russia-bound export ban to include 164 additional industrial items such as lithium-ion batteries, gas pipes and car engine oil, the trade ministry said on Friday.

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Baua Electric

FEBRUARY 29, 2024

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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Green Car Congress

MARCH 31, 2015

The project’s first white paper reveals that China is way out in front when it comes to patent applications for the basic technologies needed for Industry 4.0. Industry 4.0. Industry 4.0, says consultancy Roland Berger, emphasizes the idea of consistent digitization and linking of all productive units in an economy.

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Baua Electric

APRIL 30, 2023

Crude steel production in China also increased 6 per cent to 261.6 Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. million tonne, according to Nikkei Asia.

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Baua Electric

JULY 23, 2024

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. on copper scrap.”

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Baua Electric

MARCH 11, 2024

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The automotive industry is in transition. Technologies are rapidly evolving in the automotive space.

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Baua Electric

MAY 8, 2024

New Delhi: Dassault Systems Wednesday said that Shubham Automation , one of the leading providers of industrial automation solutions, has selected Dassault Systèmes’ 3DExperience Works to accelerate its product development cycle.

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Baua Electric

FEBRUARY 7, 2024

Gujarat Fluorochemicals arm GFCL EV Products on Wednesday announced an investment of INR 6,000 crore for increasing production capacity of electric vehicle battery materials in the next 4-5 years. On the project front, the commercial production has begun at its plant for LiPF6 Project, the company said.

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Baua Electric

MAY 29, 2024

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.

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Baua Electric

JUNE 23, 2024

New Delhi: Musashi Auto Parts India Pvt Ltd ( Musashi ), a 100% owned subsidiary of Musashi Seimitsu Industries, Japan and a leading manufacturer of two-wheeler and four-wheeler transmission components in India, announced that it has commenced the mass production of EV two-wheeler e-axles in India.

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Baua Electric

JUNE 5, 2024

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. The products, which would be produced, include charging control unit, inverter, motors and electric drive systems , it added.

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Baua Electric

MARCH 5, 2024

Among Toyota-affiliated companies, currently PEVE, Toyota Industries Corporation , and Prime Planet Energy & Solutions, Inc. Toyota will continue collaborating with these companies in battery mass production and development. The acquisition is scheduled to take place in late March.

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Baua Electric

JUNE 18, 2024

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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Baua Electric

JANUARY 13, 2024

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. EuroGroup Laminations’ automotive total order book amounted to a record 6.4 billion euros in October last year, the company said.

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Baua Electric

MAY 14, 2024

India may become a dumping ground for Chinese products such as Electric Vehicles ( EVs ), batteries and other new technology items with the US raising tariffs on these imports from Beijing, economic think tank Global Trade Research Initiative ( GTRI ) said Tuesday. “The billion two-way trade, GTRI has said in its earlier report.

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Baua Electric

MARCH 21, 2024

Volkswagen will bring new automated driving technologies to series production as it deepens its partnership with Mobileye in automotive driving technologies, Europe’s biggest carmaker said on Wednesday. “New automated driving functions will significantly boost convenience and safety,” VW Chief Executive Oliver Blume said.

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Baua Electric

MAY 2, 2024

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.

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Baua Electric

MARCH 7, 2024

Updated On Mar 8, 2024 at 09:35 AM IST --> Published On Mar 8, 2024 at 09:35 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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Suzuki Japan Auto Production 52

Baua Electric

FEBRUARY 28, 2024

New Delhi: The Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, successfully concluded the 4 th edition of its ‘Transforming Mobility 2024 -Global Summit & Expo’. Secretary, Ministry of Heavy Industries, Govt.

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Baua Electric

JUNE 5, 2024

New Delhi: Brakes India , a TSF Group company and India’s leading braking systems manufacturer, together with ADVICS , an AISIN Group company and Japan’s leading premium brake system supplier, plan to form a joint venture to design, develop and manufacture advanced braking products for the Indian light vehicle market.

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Baua Electric

MAY 19, 2024

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. Steelbird launched a new product, the Fighter helmet, on May 17, 2024 starting at INR 2999. The company has acquired additional land in Baddi for the expansion.

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Baua Electric

MAY 21, 2024

UMPC will operate in Argentina’s Catamarca province through its subsidiary Marhen Lithium , and is currently analyzing its first production samples, Pielsticker said in the interview on Friday, after last month announcing a USD 550 million investment in the project.

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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. Srinivas, Executive VP-Product Strategy and Purchasing at VE Commercial Vehicles; S.

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Baua Electric

APRIL 11, 2024

Lithium supplier Vulcan Energy on Wednesday announced the start of production of the first lithium chloride at its extraction plant in Germany using geothermal energy, an essential step toward producing battery-grade lithium hydroxide.

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Baua Electric

FEBRUARY 27, 2024

The Company is currently working with 5 major automotive tier-ones for their next generation products which will further enhance the digital radio and audio experience in the digital cockpit of the vehicles. According to industry reports, Car Audio Market size was valued at USD 9.5 billion in 2023 and is projected to reach USD 25.5

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Baua Electric

FEBRUARY 6, 2024

New Delhi: Ramkrishna Forgings Limited, one of the leading suppliers of rolled, forged, and machined products, has been awarded contract valued at USD13.16 We are poised to embark on this exciting journey together, setting new benchmarks in the industry and creating value for the customers. million (INR 109.2

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Baua Electric

FEBRUARY 6, 2024

Arrival is the latest casualty in the high-profile EV industry, where rising interest rates, stubborn inflation and high costs involved in production ramp have hit the cash reserves of most startups. The company’s stock was delisted from the Nasdaq on Jan.

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Baua Electric

FEBRUARY 27, 2024

Tesla has pushed a new software update to its mobile app with a new AI chat assistant and a new menu to highlight the company’s non-car products. It’s the hub for all of Tesla’s connected features, which the automaker was somewhat of a pioneer of in the auto industry. Now, it’s becoming even more important.

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Baua Electric

FEBRUARY 28, 2024

Luminar Technologies shares tumbled about 10% on Wednesday after the self-driving sensor maker’s fourth-quarter results missed estimates on delayed production schedule for Volvo Cars’ new EX90 electric SUVs. “The EX90 production delay is likely to last until mid-2024.

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Baua Electric

JANUARY 9, 2024

Updated On Jan 10, 2024 at 07:46 AM IST --> Published On Jan 10, 2024 at 07:44 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

Auto 52

Auto Production Insight Global 52

Baua Electric

FEBRUARY 6, 2024

It was a conglomeration of the entire mobility ecosystem under one roof, displaying the tech capabilities and innovations of Indian automotive industry. The auto component industry continues to thrive, reflecting the resilience and innovation within our ecosystem.

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