Extended lockdown in China may affect the domestic auto industry The operations of domestic automobile manufacturers may get further impacted if the lockdown in several cities of China, including Shanghai, to check Covid-19 infections gets prolonged.

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Bharat Forge to acquire JS Autocast The auto component maker Bharat Forge Limited along with its subsidiary, BF Industrial Solutions Limited announced 100% acquisition of Coimbatore-based JS Autocast Foundry India Private Limited.

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Ukraine crisis may hamper global auto industry 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.

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Adani, Ballard ink pact for JV for hydrogen fuel cells The Adani Group said that it has signed a non-binding Memorandum of Understanding with Nasdaq-listed Ballard Power Systems.

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SEMIKRON, Danfoss tie up to develop power electronics SEMIKRON and Danfoss Silicon Power announced a merger to create a joint business specialised in power electronics focusing on power semiconductor modules.