Contract Manufacturer – Page 45 – I wish I had more to offer

Tata Motors unveils Ultra EV 7M with 160km range at Prawaas 4.0 sustainable mobility expo

Tata Motors, India’s largest commercial vehicle manufacturer and market leader, has showcased an array of cutting-edge mass mobility solutions at Prawaas 4.0, a three-day biennial event highlighting safe, smart and sustainable integrated mass mobility solutions, which opened today at the BIEC in Bengaluru. The company unveiled the all-new Tata Ultra EV 7M, a zero-emission, intra-city… Continue reading Tata Motors unveils Ultra EV 7M with 160km range at Prawaas 4.0 sustainable mobility expo

Tata Motors unveils Ultra EV 7M with 160km range at Prawaas 4.0 sustainable mobility expo

Here’s Why Investors Should Avoid Magna (MGA) Stock Right Now

Magna International Inc. MGA is facing challenges from lower-than-anticipated vehicle production in Europe, cancellation of programs, discontinued production of Fisker Ocean and hefty investment in technologically advanced products. Let’s find out why this Zacks Rank #4 (Sell) stock should be avoided. Magna has made a downward revision in its 2024 & 2026 sales and adjusted… Continue reading Here’s Why Investors Should Avoid Magna (MGA) Stock Right Now

EKA mobility partners with IKEA to provide electric delivery vans

The collaboration aims to reduce carbon emissions and set new industry standards. Initial fleet of 10 vans deployed, with plans for expansion across India, aligning with IKEA’s global sustainability goals, IKEA said. EKA Mobility, an electric vehicle manufacturer, has formed a partnership with IKEA to provide electric delivery vans for IKEA’s last-mile delivery fleet in India.… Continue reading EKA mobility partners with IKEA to provide electric delivery vans

Pininfarina closes 90 million Euro deal

Pininfarina announced that it has closed a commercial agreement with a large automotive OEM covering development and production services. The total contract value, including some preliminary concept activities already executed based on specific orders from 2023, amounts to over 90 million Euro, with duration until April 2026. Pininfarina debuted its Battista hypercar in India at the Hyderabad E-Motor Show in 2023. Globally… Continue reading Pininfarina closes 90 million Euro deal

Electric Vehicle Power Inverter Market to Expand by USD 9.1 Billio (2024-2028) Driven by BEV and PHEV Sales Growth, AI Impact on Trends- Technavio Report

NEW YORK, Aug. 23, 2024 /PRNewswire/ — The global electric vehicle (EV) power inverter market size is estimated to grow by USD 9.13 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 9.45% during the forecast period. Increasing sales of bevs and phevs is driving market growth, with a trend towards in-wheel… Continue reading Electric Vehicle Power Inverter Market to Expand by USD 9.1 Billio (2024-2028) Driven by BEV and PHEV Sales Growth, AI Impact on Trends- Technavio Report

Rhonda Walker Foundation’s 12th Year Holding its Annual Automotive Industry Golf Challenge Raises Over $700,000

DETROIT, Aug. 20, 2024 /PRNewswire/ — The Rhonda Walker Foundation (RWF) held its 12th Annual Automotive Industry Golf Challenge on August 12, 2024, raising more than $700,000 to support the organization’s vision where every young girl has the opportunity to thrive, succeed and become a catalyst for positive change. This year’s event was a memorable day… Continue reading Rhonda Walker Foundation’s 12th Year Holding its Annual Automotive Industry Golf Challenge Raises Over $700,000

HANZA signs MIG™ agreement with German company

KISTA, Sweden , Aug. 19, 2024 /PRNewswire/ — HANZA, a leading global contract manufacturer, specializing in supply chain optimization, has today signed a strategic manufacturing agreement with a German company to streamline the a supply chain for an entire product line. Under the agreement, HANZA will create a new and more efficient supply-chain, which includes consolidating parts… Continue reading HANZA signs MIG™ agreement with German company

HANZA signs MIG™ agreement with German company

Gogoro says waiting for battery swapping EVs to be included in FAME 3

Taiwan-based Gogoro Inc., a global leader in battery swapping technology, said it will ramp up its rollout in India after getting a clarification from the Indian government on extending EV subsidies to battery swapping two-wheelers. Currently, subsidies are restricted to fixed battery vehicles only.During Gogoro’s presentation of its India plans during a global conference call,… Continue reading Gogoro says waiting for battery swapping EVs to be included in FAME 3