APAC automotive steering systems market to expand at 2.7% CAGR over 2023-28: GlobalData, ET Auto

GlobalData’s latest report “Global Sector Overview & Forecast – Automotive Steering Systems,” reveals that the APAC automotive steering systems market is estimated to reach 48.1 million units in 2023 and 54.9 million units in 2028. Battery electric vehicles (BEVs) dominate the market for electric vehicle steering systems. The automotive industry has hastened the electrification of…

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KPIT looks beyond cars and CVs to be integrated mobility sector operator, ET Auto

“Our focus, we call it mobility and it includes all of them,” Sachin Tikekar, President and Joint Managing Director of KPIT, told ETAuto. New Delhi: The Pune-based Indian multinational corporation KPIT Technologies (KPIT), which provides embedded software and product engineering services mainly to passenger cars and commercial vehicles, plans to broaden its focus of operations…

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BYD and Tashkent Municipality Sign Purchase Agreement for 2,000 Electric Buses

Chinese biggest EV maker BYD has signed a framework agreement with the Tashkent Municipality, the government of Uzbekistan’s capital. The agreement states that the Tashkent Municipality will purchase 2,000 units of pure electric, zero-emissions BYD K9UD eBus. The BYD eBus K9UD is widely recognised for its advanced 6-in-1 controller, high levels of safety, reliability and…

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