Russian troops are on the move, pushing into two regions of separatist-controlled Ukraine and threatening to invade the rest of the country. But there could be some serious collateral damage to the U.S. and its allies.

US truck engine maker Cummins Inc said that it will buy auto parts maker Meritor Inc for $2.58 billion in cash, to beef up its electric and hybrid vehicle parts offerings.

All major vehicle original equipment manufacturers (OEMs) and component makers have applied for the automotive vehicle and component production-linked incentive (PLI) scheme, as per government sources.

South Korea’s auto parts supply chain is rapidly losing competitiveness and manpower due to slow response to faster transition to automated and electric mobility amid lack of financial resources.

A good supply chain management, integrated with predictive and prescriptive analytics becomes a crucial joining point for both the manufacturers and the distributors, says Manav Kapur, Executive Director, Steelbird International

Spark Minda, Minda Group, Aakash Minda, Spark Minda Green Mobility Solutions, Bajaj Auto, TVS Motor Company, Revolt, Ola Electric auto parts manufacturer, electric vehicle component space, EV component kit, M&A, investment, fundraising initiatives, electric two-wheelers, sensors, a central cluster, DC/DC converter, locking system, charger, telematics, battery, battery management systems, motor and motor controller supplies

POSCO International Corp., a South Korean trading company along with a local auto parts manufacturer, Erae Automotive Systems Co., has received an order to supply electronic vehicle components to a North American startup.

The first model is expected to hit the market in 2022. Tork Motors meets the subsidy requirements of the (FAME-II) scheme and will produce electric two-wheelers (e-2Ws) and electric three-wheelers (e-3Ws).

The availability of critical parts like semiconductors and television panels for manufacturing home appliances, television and mobile phones will be affected. Shipments are getting diverted to other terminals in NZ and surrounding ports.