How Transforming Future of EV Manufacturing

What is Gigacasting? Gigacasting involves using high-pressure aluminium die-casting machines, known as Giga Presses, to manufacture automobile components. These Giga Presses can produce aluminium parts significantly larger than those used in traditional auto manufacturing. The term “Giga” originates from Tesla’s naming convention for its manufacturing facilities, referred to as “Gigafactories.” The ability of Gigacasting to…

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Jeep Avenger Orders Exceeded 40,000

Jeep announced that its newly launched Avenger model, which is the European Car of the Year 2023, noted a cumulative number of over 40,000 orders. The company appears to be happy with the outcome, especially since over 40 percent of the Jeep Avenger orders happen to be all-electric versions (the majority of the orders are…

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Wiping Out the Dinosaurs Let Countless Flowers Bloom

When a mountain-size slab of space rock rammed into the Yucatán Peninsula 66 million years ago, the fallout was apocalyptic. Tsunamis washed away coastlines, raging fires engulfed forests and dust and debris blotted out the sun for months. Roughly three-fourths of the planet’s species, most notably non-avian dinosaurs, were wiped out. But one group appears…

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Dassault CEO Bernard Charles, ET Auto

Charles said India’s role as a trusted partner in the global ecosystem will be increasingly important in the geopolitically sensitive global business landscape. French software maker Dassault Systemes’ India business has grown faster than its global average, the company’s chief executive officer, Bernard Charles, told ET in an interview. Charles said demand for precision and…

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Sundram Fasteners posts July-Sep’23 standalone profit at INR 117.93 cr, ET Auto

The Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) for the quarter ended September 30, 2023 was at INR 205.27 crore, as against INR 193.22 crore during the same period of the last year. Sundram Fasteners Ltd, engaged in auto components manufacturing, has reported a standalone profit for the July-September 2023 quarter at INR 117.93…

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