Industry: Auto Ancillaries

Auto ancillaries would also be impacted on account of the slowdown in demand and production cuts across OEMs. Easing prices of key raw materials such as plastic, rubber (average 8% decline YoY), aluminum (14% decline YoY) are expected to provide some solace on the margins front.
April 22, 2019, 11:19 a.m.

The Tesla Gigafactory 1 is a lithium-ion battery assembly factory near Nevada which provides battery packs to the electric vehicles and stationary storage system.
March 8, 2019, 11:24 a.m.

Since lithium is not an abundant element on earth, it is necessary to reuse it from used batteries to keep up with the supply.
March 4, 2019, 10:47 a.m.

Three banks have been relieved from the PCA framework. Sajeev Krishnan of Dhanlaxmi Bank speaks on the same.
Feb. 26, 2019, midnight

We expect the companies in our coverage universe to report a decline in 3QFY19 earnings on YoY as well as QoQ basis on account of multiple headwinds like waning demand, unfavourable operating scenario and rising commodity costs.
Jan. 9, 2019, 11:34 a.m.

Heavy Industries Ministry has proposed a revised tax structure on EV parts and  a lower SKD and CKD rate to boost EV production in India.
Dec. 6, 2018, 10:09 a.m.

Battery makers are eyeing to expand their business of Lithium-ion batteries and cater to a secondary market of e-rickshaws running on lead-acid batteries.
Dec. 6, 2018, 10:09 a.m.

As per a new market research report, the total cost of a battery is estimated to go down to 8 percent for the overall vehicle by 2030, against 26 percent in 2016.
Nov. 24, 2018, 9:47 a.m.

We expect the companies in our coverage universe to report a decline in 2QFY19 earnings on YoY basis because of lower margins. We expect the earnings to fall 5% YoY and rise by 4% QoQ.
Oct. 10, 2018, noon

Market growth in FY18 was weak (low-single-digit), primarily due to (a) GST-related disruption, which resulted in slower orders from the manufacturing and infrastructure sectors.
Oct. 3, 2018, 11:31 a.m.