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Mixed Q3 awaits Indian ER&D companies navigating auto sector headwindsIndian engineering service firms like Tata Elxsi, KPIT and LTTS are set for a mixed Q3 due to weak auto demand, though rising R&D in EVs an...- KPIT CEO calls for increased R&D, deeptech investmentsKPIT CEO Kishor Patil emphasised the need for India to boost R&D investment, foster deeptech innovation, and improve export quality to comp...
- KPIT Tech shares fall over 5% after caution on slower deal closures, demand uncertaintyKPIT Technologies' shares declined by 5.4% due to a flagged weak demand environment and slower deal closures. Despite this, the company's b...
- KPIT to buy Caresoft's engineering solutions unit for $191 millionKPIT Technologies has announced its acquisition of Caresoft Global's engineering solutions business for up to $191 million. This strategic ...
- Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industryThe Seagull, a low-priced electric car by BYD, poses a threat to American automakers. Chinese EVs face tariffs in the U.S., prompting conce...
- Tesla retreats from next-generation 'gigacasting' manufacturing processTesla, amid falling sales and increasing competition, has abandoned plans for an innovative one-piece gigacasting manufacturing process. In...
- Gigacasting 2.0: Tesla reinvents carmaking with quiet breakthroughTesla is on the verge of a technological breakthrough that could revolutionize electric vehicle manufacturing and help lower production cos...
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