Auto captives refers to the India units or capability centres of the multinational automobile companies in the country. Availability of talent and skilled manpower makes India an attractive destination for manufacturing as well as assembling vehicles, according to industry executives. India units of overseas automobile and component manufacturers have stepped up their search for manpower… Continue reading Foreign auto manufacturers in India step up manpower hunt in bid to drive expansion
Tag: Strategy
TSMC, Bosch, Infineon and NXP plan JV for advanced semiconductor manufacturing in Europe
TSMC (Taiwan Semiconductor Manufacturing Company), Robert Bosch GmbH, Infineon Technologies and NXP Semiconductors have announced a plan to jointly invest in European Semiconductor Manufacturing Company (ESMC) GmbH, in Dresden, Germany to provide advanced semiconductor manufacturing services. ESMC marks a significant step towards construction of a 300mm fab plant to support the future capacity needs of… Continue reading TSMC, Bosch, Infineon and NXP plan JV for advanced semiconductor manufacturing in Europe
Magna expands lighting division in Mexico after multiple orders from OEMs
Magna has announced the expansion of its lighting division in Querétaro, Mexico following multiple business awards in rear lighting from various automakers. Company officials were joined by customers and local government representatives to celebrate the $17 million expansion investment and groundbreaking on August 10. “Lighting is a growing segment within the mobility industry, playing a… Continue reading Magna expands lighting division in Mexico after multiple orders from OEMs
Cruise and Waymo score a win and a surprising deal between electric aircraft rivals
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. All eyes were on San Francisco this week as critics and supporters of deploying self-driving cars on public roads awaited a vote from the California Public Utilities Commission. Tl;dr:… Continue reading Cruise and Waymo score a win and a surprising deal between electric aircraft rivals
Delhi Metro, IIIT-D join hands to enhance passenger experience
As part of the initiative, the DMRC has installed dynamic advertisement screens at the gallery of Dwarka station (interchange of Blue and Grey Line) for digital marketing. The Delhi Metro Rail Corporation and IIIT-Delhi have joined hands to enhance passenger experience and promote technological advancement through a strategic collaboration. A Memorandum of Understanding (MoU) was… Continue reading Delhi Metro, IIIT-D join hands to enhance passenger experience
Nantong High-tech Zone to lure more projects in key sectors
SHANGHAI, Aug. 11, 2023 /PRNewswire/ — In recent years, Nantong has benefited from multiple national strategic opportunities, such as the Yangtze River Economic Belt and the integration of the Yangtze River Delta. By 2022, Nantong’s GDP reached 1.14 trillion yuan, ranking 23rd among major cities nationwide and 5th among prefecture-level cities. Nantong High-tech Zone was established… Continue reading Nantong High-tech Zone to lure more projects in key sectors
NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA
HELLO INDONESIA, THIS IS NETA JAKARTA, Indonesia, Aug. 10, 2023 /PRNewswire/ — Since one year after being introduced overseas, this year, NETA, is established and officially introduced in Indonesia through the Gaikindo Indonesia International Auto Show (GIIAS) 2023 exhibition. As an automotive brand that was first introduced to China mass market back in June 2018 and… Continue reading NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA
Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club
– Riyadh Air, Saudi Arabia’s world-class, digitally-led airline and leading Spanish and European football club Atlético de Madrid announce historic partnership – The multiyear agreement will see Riyadh Air as main sponsor and official airline partner – The airline continues to reveal major milestones ahead of its first flight in 2025 MADRID, Aug. 10, 2023… Continue reading Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club
Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
Automotive Keyless Entry System Market Poised To Grow At A Rate Of 12.1% Amid Rising Safety Concerns – By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, Aug. 11, 2023 /PRNewswire/ — As per The Business Research Company, automotive keyless entry system global market report 2023, the global automotive keyless entry system market has witnessed significant growth,… Continue reading Automotive Keyless Entry System Market Poised To Grow At A Rate Of 12.1% Amid Rising Safety Concerns – By The Business Research Company