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JSW MG Motor & BML Munjal University Collaborate To Upskill Students In Advanced Automotive Technology
JSW MG Motor India has taken a notable step towards bridging the gap between academia and the automotive industry by presenting the MG Hector to BML Munjal University (BMU) as part of its MG Nurture programme. The MG Nurture programme is designed to empower students and bridge the industry-academia gap in India. Collaborating with over…
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JSW MG Motor and BMU Collaborate to Enhance Automotive Education
JSW MG Motor India and BML Munjal University have joined forces to bridge the gap between academia and the auto industry. As part of this collaboration, JSW MG Motor India has presented the MG Hector, India’s first internet SUV, to BMU under the MG Nurture program. MG Nurture is a comprehensive program designed to empower…
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Samvardhana Motherson to invest USD 15 mn for 11% stake in auto tech major REE Automotive
<img width="590" height="442" class="unveil" loading="eager" src="https://static.beescdn.com/news.myworldfix.com/2024/06/20240605031741145.webp" data-src="https://etimg.etb2bimg.com/photo/113387515.cms" captionrendered="1" alt=" The transaction will be done in cash with expected completion time to be within 30 days. “>The transaction will be done in cash with expected completion time to be within 30 days. Automotive major, Samvardhana Motherson International Ltd is going to invest upto USD 15 million,…
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Connected Car News: Wolfspeed, Infineon, VicOne, Pirelli, Bosch, Mojo Vision, CY Vision, Geotab, Kia, Toyoda & Magna
In connected car news are Magna, Wolfspeed, Infineon, VicOne, Pirelli, Bosch, Mojo Vision, CY Vision, Geotab, Kia, Toyoda & Magna. In this Article Magna New Automotive MOSFETs Magnachip Semiconductor Corporation (“Magnachip” or “Company”) (NYSE: MX) announced the release of four new 40V 1)MXT MV MOSFETs designed in Power Dual Flat No-Lead (PDFN) 33 packages for automotive…
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Electric Vehicles Drive 4.1% CAGR in Auto Parts Manufacturing Market by 2031 As Revealed In New Report
The global auto parts manufacturing market is on the brink of a transformative period, driven by the rapid adoption of electric vehicles (EVs), advancements in automotive technologies, and a surge in vehicle production across emerging markets. Overview The global auto parts manufacturing market is projected to experience significant growth from US$455 billion in 2024 to…
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Global Automotive Parts Aftermarket Sees Robust Growth Fueled by Maintenance Demand
According to Persistence Market Research, the automotive parts aftermarket is set to grow from USD 548.5B in 2022 to USD 984.7B by 2033 at a 5.5% CAGR, driven by rising consumer awareness, demand for part replacements in long-distance vehicles, and advancements in vehicle customization. Market Overview: The global automotive parts aftermarket was valued at US$…
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Lumax Auto Technologies acquires majority stake in Greenfuel Energy Solutions to enter green fuels market
<img width="590" height="442" class="unveil" loading="eager" src="https://static.beescdn.com/news.myworldfix.com/2024/06/20240605031741145.webp" data-src="https://etimg.etb2bimg.com/photo/113352424.cms" captionrendered="1" alt=" KPMG Corporate Finance served as the exclusive advisor to LATL, while Grant Thornton represented Greenfuel in the deal. “> KPMG Corporate Finance served as the exclusive advisor to LATL, while Grant Thornton represented Greenfuel in the deal. Lumax Auto Technologies Limited (LATL) has announced its entry…
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Automotive Composites Market Size is estimated to reach USD 19.5 Billion by 2032 Driven by Increasing Investment in Composite R&D Leading to Creation of Innovative Materials and Applications.
The demand for automotive composites is growing owing to their ability to increase range by reducing the weight of the vehicle, with the growing demand for electrical vehicles. Efficiency has turned to be the main priority in the electrical vehicle; therefore, composite materials would keep on performing an important role in optimizing the battery’s performance.…
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Mavsign Appoints Automotive Technology Veteran Rudy Nieto as CEO to Drive the Company’s Next Phase of Growth
TOMBALL, Texas, Sept. 12, 2024 /PRNewswire/ — Maverick Document Signings, LLC (“Mavsign”), a market leader in remote document closings, fraud prevention, and compliance solutions, today announced the appointment of Rudolph “Rudy” Nieto as Chief Executive Officer. Nieto, a seasoned leader with a distinguished career in automotive technology and digital retailing, joins Mavsign at a crucial time of expansion…
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Automotive Parts Market to Reach $824.2 Billion by 2031, Driven by Increased Vehicle Production and Technological Innovations
Automotive Parts Market Meticulous Research® has released its latest report forecasting the global automotive parts market to reach an impressive $824.2 billion by 2031, expanding at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. This robust growth trajectory is supported by rising automobile production in emerging economies, escalating vehicle sales, and…