Category: Automotive Components

Ta Win bags contract to supply cables, auto components to Aptiv in Malaysia

KUALA LUMPUR (Aug 11): Copper products manufacturer Ta Win Holdings Bhd has bagged a contract for the supply of cables and automotive components for local automobile models in Malaysia.

In a statement today, Ta Win said its subsidiary Cyprium Wire Technology Sdn Bhd (CWT) has accepted a contract from NYSE-listed technology and mobility company, Aptiv PLC.

It said the contract will see CWT supplying Aptiv 13 types of components comprising power and signal distribution system, high tension cable, battery cable, and other automotive components and parts for local automobile models in Malaysia.

The contract is effective from July 1, 2021

Read more

NGen Announces $40 Million Automotive Zero-Emissions

HAMILTON, Ontario, Aug. 12, 2021 (GLOBE NEWSWIRE) — Next Generation Manufacturing Canada (NGen), the industry-led organization behind Canada’s Advanced Manufacturing Supercluster, has announced a call for projects as part of a new challenge program to position Canada for success in the global shift to zero emission vehicles (ZEVs). NGen will invest $20 million in projects with a 50% industry match resulting in $40 million of new innovation spending. 

The automotive industry is undergoing the most important transformation in its history as manufacturers and consumers shift to ZEVs. The North American production of traditional powertrain components is expected to decline significantly

Read more

Global Automotive Valves Market Report 2021-2026: Growing Automotive Industry, Increasing Vehicle Production and Growing Demand for Automotive Components – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Automotive Valves Market By Vehicle Type (Passenger Cars, LCV and HCV), By Electric Vehicle Type, By Product Type (Engine, A/c, Brake, Thermostat, Fuel System and Others), By Function Type, By Application, By Region, By Company, Competition, Forecast & Opportunities, 2026” report has been added to ResearchAndMarkets.com’s offering.

The Global Automotive Valves Market size is expected to grow at a CAGR of 5% until 2026 due to the growing automotive industry, increasing vehicle production and the growing demand for automotive components.

Moreover, the increasing demand for light weight vehicle components and fuel-efficient vehicles drives the automotive

Read more

Auto component makers ‘invite’ Tesla to make parts locally

India’s $46-billion auto component industry has ‘invited’ Tesla to make parts locally in response to the American carmaker’s request for tax concessions on fully imported electric vehicles ahead of their local launch.

Deepak Jain, president of the Automotive Component Manufacturers Association (ACMA), said with the government committing itself to a phased manufacturing plan (PMP) and the FAME II (Faster Adoption and Manufacturing of Electric Vehicles) Policy, the industry would always welcome any foreign or domestic entity in any segment as long as it promotes good value addition and localisation.

“The government is expected, as per what it has already announced

Read more

AEC Announces New Virtual Seminar for Automotive Industry

WAUCONDA, Ill.–(BUSINESS WIRE)–The Aluminum Extruders Council (AEC) introduces an educational seminar geared toward automotive industry design engineers, OEMs and tier one suppliers. The AEC Automotive Virtual Seminar, September 28 – 29, 2021, includes two half-day general sessions featuring aluminum extrusion industry experts discussing automotive component design, aluminum extrusion alloys, aluminum’s sustainability, extrusion applications and more.

The AEC Automotive Seminar will be conducted online and attendance is free. Seminar program and registration details are available at www.aec.org/AutoSeminar.

Speakers include extruders that serve the automotive sector with extensive programs, certifications and robust engineering resources, and the metal suppliers

Read more

All cars should have six airbags within a year – Nitin Gadkari to carmakers

In what could be a major step-up for carmakers, Nitin Gadkari, the Union Road Transport and Highways Minister, has asked all private vehicle manufacturers to include a minimum of 6 airbags across all variants and segments.

6 airbags mandatory announcement

Some time ago, when the government of India asked carmakers to up the safety by mandating airbags and ABS, it was a significant move. The rule was to make cars safer in India. Now, Nitin Gadkari, the Union Road Transport and Highways Minister, has asked all private vehicle manufacturers to integrate a minimum of six airbags across all variants and segments within a year.

Read more

Investors Who Bought Talbros Automotive Components (NSE:TALBROAUTO) Shares A Year Ago Are Now Up 244%

Unfortunately, investing is risky – companies can and do go bankrupt. But if you pick the right business to buy shares in, you can make more than you can lose. For example, the Talbros Automotive Components Limited (NSE:TALBROAUTO) share price has soared 244% in the last year. Most would be very happy with that, especially in just one year! On top of that, the share price is up 63% in about a quarter. Having said that, the longer term returns aren’t so impressive, with stock gaining just 20% in three years.

View our latest analysis for Talbros Automotive Components

While

Read more