Latest news with #CMP
The Sun
7 hours ago
- Automotive
- The Sun
FAW-Volkswagen to launch two new NEVs in China by 2027 on CMP Platform
FAW-VOLKSWAGEN, the long-standing joint venture between China's FAW Group and Germany's Volkswagen, has announced plans to introduce two new energy vehicles (NEVs) by 2027, both of which will be based on the China-developed CMP platform. These models will be manufactured exclusively for the domestic Chinese market and will not be exported abroad. The new vehicles will offer customers the choice between fully electric (BEV) and plug-in hybrid (PHEV) configurations. The announcement follows the signing of a memorandum of understanding on 4 June between FAW-Volkswagen and the Tianjin Economic Development Zone Government, aimed at accelerating the growth of the NEV sector within the region. As part of this collaboration, FAW-Volkswagen confirmed that its assembly plant in Tianjin, which currently has a production capacity of 300,000 vehicles annually, will serve as the manufacturing hub for the two upcoming models. The move marks a significant step in the company's broader strategy to localise innovation and expand its NEV lineup in China. The CMP (China Main Platform) architecture, which underpins the new models, represents Volkswagen's latest technological initiative developed entirely within its Chinese operations. The platform made its debut earlier this year at the Shanghai Auto Show 2025 with the unveiling of the ID. Aura concept car. Designed specifically for the Chinese market, the CMP platform is compatible with both battery electric and plug-in hybrid powertrains. It incorporates the locally designed CEA electronic and electrical architecture, which significantly reduces the number of control units by 30 per cent. The CMP architecture also allows for seamless integration of vehicle functions such as the intelligent cockpit, advanced driver assistance systems, and over-the-air (OTA) updates. Volkswagen claims that the CMP platform enables a 30 per cent acceleration in product development timelines. This announcement builds upon earlier reports from May 2024, when FAW-Volkswagen revealed plans to invest 2.3 billion yuan (approximately USD 319 million) to develop three new vehicle models. On 4 June 2025, the company provided further clarity by confirming that two of those models will be NEVs built on the CMP platform at the Tianjin facility. While the company has not disclosed detailed specifications or timelines for production commencement, it has reaffirmed that these vehicles will be tailored specifically for Chinese consumers, with no intention to market them overseas. This strategy reflects Volkswagen's commitment to strengthening its footprint in China through locally engineered solutions, while also aligning with national objectives to boost the development of the NEV industry.
Mint
17 hours ago
- Business
- Mint
Best stocks to buy today: Expert Raja Venkatraman's recommendations for 5 June
The constant turbulence held its grip on the markets as there was no clarity on the indices. The stock-specific action that we are noticing now has stepped up, leading to the trading-oriented behaviour. The market scenario clearly indicates that the investors are still waiting on the sidelines. Here are three stocks to buy or sell as recommended by Raja Venkatraman of NeoTrader: Rail Vikas Nigam Ltd (RVNL): Buy CMP and dips to ₹405 | Stop ₹390 | Target ₹470-485 Indoco Remedies Ltd: Buy CMP and dips to ₹264 | Stop ₹258 | Target ₹315-340 Gujarat State Fertilizers & Chemicls Ltd (GSFC): Buy above 215 and dips to ₹200 | Stop ₹195 | Target ₹240-260 Stock market recap Indian benchmark indices reversed a three-day decline and closed in the green, with the Nifty 50 climbing above 24,600. Global market positivity and widespread sectoral buying, except in realty, propelled the rally. At market close, the Sensex gained 260.74 points (a 0.32% increase) to finish at 80,998.25, while the Nifty 50 added 77.70 points (also up 0.32%) to reach 24,620.20. Among the biggest performers on the Nifty were Eternal, Jio Financial, Bharti Airtel, IndusInd Bank, and Reliance Industries. In contrast, stocks such as Trent, Bajaj Finserv, Shriram Finance, TCS, and Axis Bank lagged, registering losses. The BSE Midcap and Smallcap indices each appreciated by 0.5%. In the US, stock indices ended Tuesday on a positive note, bolstered by gains from Nvidia and other semiconductor firms, as investors awaited further clarity on Washington's tariff strategies amid negotiations with its trading partners. Also Read: Russia-Ukraine war escalation: Impact on the Indian stock market Asian equities also closed higher, led by a surge in technology shares, while European markets fared well, with both the CAC and DAX indices advancing by nearly 1% each. Outlook for trading The Nifty has been weaker in comparison, and the sustained bearish pressure seen on every rally indicates that it is inclined for some downward bias as the trends are unable to head higher. While sector rotation is happening, we are reaching a point where the indices have become divergent. HDFC Bank has been under a great deal of stress, and despite some decent numbers, the stock has not affected the market condition. As we have been discussing, the trends were expected to head into the upper end of the value resistance zone as the indicators were tiring out. The rise witnessed in Nifty Bank has suddenly formed a rounding pattern and is treading higher, attempting to hold on to the bearish pressure that is emerging at higher levels. However, due to a lack of triggers, we are witnessing a ranging action that could keep the trends from recovering swiftly. A look at the NiftyBank indicates that until 54,000 is given away, bulls will attempt to rebound. The Nifty Bank is a sector that should be tracked. Until 56,000 is exceeded, we can look at stock-specific action where there are divergent views that have been displayed across all the component stocks. PSU Banks are having it rough, and the continued positive vibes being exhibited shall make it difficult for the Nifty Bank to recover. This, in turn, will spill over to the other sectors like auto, realty and finance. Despite marketson Wednesday showing some signs of a recovery, the inability of the Nifty Bank to clear the 56,000 mark seems limited ahead of the event. Till then, this index holds the key for some trends to emerge. We continue to maintain that the levels to be broken on the downside will remain at 24,500. Until this is achieved, we should remain alert about any selling pressure that can emerge at higher levels. Now, we need to see the Nifty move above 24,800, which is the immediate resistancefor some bullish revival. With the Open Interest data clearly indicating a revival, one should keep tracking a 30-minute range breakout on Thursday for creating some long. As indices are not showing much decline, one should look to encash some stock-specific action. Three stocks to trade, recommended by NeoTrader's Raja Venkatraman: RVNL (Cmp 429.95) Why it's recommended: Railway stocks had some undercurrent in the last few days, and this counter had a challenging task until the fortunes turned around in May 2025. From the charts, we can observe that the strong upside was reinforced on Wednesday. Currently, there is a strong push above the value resistance zone around 420. Post surpassing this level, the rise in momentum supported by steady volumes is highlighting the possibility of more upward traction. Key metrics: P/E: 75.45 | 52-week high: ₹647 | Volume: 41.13M. Technical analysis: Support at ₹320, resistance at ₹550. Risk factors: Market volatility and sector-wide fluctuations in geopolitical news could impact returns. Buy at: CMP and dips to ₹405. Target price: ₹470-485 in 1 month. Stop loss: ₹390. Also Read: Analysts and investors have soured on Asian Paints. Can it prove them wrong? INDOCO (Cmp 283.75) Why it's recommended: Indoco Remedies Ltd has secured final approval from the USFDA for its Abbreviated New Drug Application (ANDA) for Allopurinol Tablets USP, 200 mg. After a strong consolidation seen in the last few months, the stock is showing some encouraging signs and can look to move higher as trends demonstrate a strong upward drive. Investors can look to go long. Key metrics: 52-week high: ₹385.75 | Volume: 119.49K. Technical analysis: Support at ₹215, resistance at ₹350. Risk factors: Structural issues on the domestic front and regulatory setbacks on the export front. Buy at: CMP and dips to ₹264. Target price: ₹315-340 in 1 month. Stop loss: ₹258. Also Read: These five private banks in India have the lowest NPAs. Should you invest? GSFC (Cmp 212.19) Why it's recommended: With monsoon appearing early, we can look at the trends emerging that can stage a strong run in the fertiliser stocks. As this sector picks up, we can look at some notable names that are showing some promise. This counter, after the initial build-up, is seen building some strong push to the upside. As the potential to generate upward momentum improves, one can consider some long-term. Key metrics: P/E: 14.74 | 52-week high: ₹274.50 | Volume: 6.31 M. Technical analysis: Support at ₹175, resistance at ₹320. Risk factors: Sluggish growth, negative quarterly results, and reduced institutional investor participation. Buy at: above 215 and dips to ₹200. Target price: ₹240-260 in 1 month. Stop loss: ₹195. Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
3 days ago
- Business
- Time of India
A Decade On, Brakes On Bike-Sharing Despite Foot On The Pedal
Nagpur: For over a decade, Nagpur has pursued the vision of becoming a cycling-friendly city, drawing inspiration from global models like Paris and Amsterdam. Public Bike Sharing (PBS) has been a consistent part of the city's Comprehensive Mobility Plans (CMPs). Despite the repeated push — and Rs47.5 crore proposed over three CMPs — the city still awaits a fully functional system. The concept was first introduced in the 2013 CMP, with Rs11.5 crore allocated for 79 docking stations across the Nagpur Metropolitan Region (NMR), including 70 sub-stations and 9 major docking hubs, which was prepared by NIT back then. In 2018, MahaMetro prepared the CMP and carried the idea forward, proposing 84 stations — again 9 main and 75 sub-stations — strategically placed near Metro stations and key bus terminals, with an estimated cost of Rs12 crore. Now, CMP 2025 revisits the plan on a larger scale, with a Rs24 crore budget and 120 proposed locations citywide. Despite these plans, the city saw little on-ground change. Independent efforts, including the bike-sharing partnership between MahaMetro and private operator VIPL, also failed to make an impact. This pattern of repeated proposals and limited implementation raises questions about feasibility, execution, and long-term planning. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo However, officials maintain that lessons were learned and that CMP 2025 will mark a turning point. A senior official told TOI, "Whenever we look at successful PBS models globally, one key element stands out — dedicated Non-Motorised Transport (NMT) infrastructure. This includes separate cycling lanes, wide footpaths, and safe, encroachment-free pedestrian zones. These are the foundations we're prioritising in the new plan. " He also outlined the adoption of the 'Hub & Spoke' model in the latest blueprint. "In this model, we ensure major docking stations are supported by sub-stations within a 2–3 km radius. For example, someone exiting a Metro station can pick up a cycle there and drop it near their home, where a sub-docking station will be available. From there, a clean, walkable footpath will lead them home. The goal is to make the system seamless and city-wide, not clustered in pockets," he explained. While the intent remains strong and the vision ambitious, the on-ground reality has not kept pace. For Nagpur's PBS scheme to succeed, it will need more than allocated budgets — it will require consistent execution, public awareness, behavioural shifts, and infrastructure that supports non-motorised mobility. With CMP 2025 laying renewed focus on integrated planning and last-mile connectivity, stakeholders remain hopeful. The question now is whether Nagpur can finally move from planning to pedalling.
Miami Herald
3 days ago
- Business
- Miami Herald
CMP Announces International Career Pivot Day: A Global Celebration of Reinvention
DALLAS, TX / ACCESS Newswire / June 2, 2025 / Career Management Partners (CMP), a minority and woman owned talent and transition firm, believes no professional should feel trapped by a career rut or defined by a layoff. To shatter that stigma and reignite confidence, CMP proudly launches the inaugural International Career Pivot Day on June 21, 2025.
Time of India
4 days ago
- Business
- Time of India
City Proposes Rs510 Crore Mobility Overhaul With 8 Flyovers, 3 ROBs To Ease Traffic Woes
1 2 Nagpur: To decongest major junctions and streamline city traffic, the newly proposed Comprehensive Mobility Plan (CMP) outlines the construction of eight grade separators and three Rail Over/Under Bridges (ROBs/RUBs) across Nagpur. The Rs510 crore draft plan, prepared by MahaMetro in collaboration with RITES, is still in the proposal stage and open to feedback from all stakeholders. The project focuses on addressing key traffic choke points and eliminating delays caused by level crossings. Grade separators, which include flyovers and underpasses, form the core of the strategy and are planned in three phases. Two flyovers estimated at Rs90 crore will be taken up in the first phase. The remaining six, split evenly between phase 2 and phase 3, are projected to cost Rs135 crore each, bringing the total flyover investment to Rs360 crore. Proposed flyover locations include high-traffic zones such as RBI Chowk, Manewada Chowk, Ajni Square, Koradi Naka, Kamptee, Medical Chowk, Tathagat Chowk, and New Katol Naka. To ease congestion at railway level crossings, three ROBs/RUBs have also been proposed. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dermatologista recomenda: simples truque elimina o fungo facilmente Acabe com o Fungo Undo These will be developed in later stages of the CMP — two in phase 2 with an estimated cost of Rs100 crore and one in phase 3 costing Rs50 crore. The ROBs are designed as 4-lane carriageways with a 30-meter railway span and a vertical clearance of 6.5 meters, aiming to meet long-term capacity demands. Officials emphasised that the CMP is not a finalised blueprint but a dynamic framework built on present infrastructure assessments and future urban growth projections. Input is being actively encouraged before any implementation decisions are made. Last month, a meeting was held at the divisional commissionerate with all key stakeholders, including MahaMetro, NMC, NIT, the traffic department, and others, to discuss the CMP. This was the second such meeting on the CMP. Officials stated that a final round of discussions will be held soon, after which the plan will be submitted to the state govt for approval prior to implementation. "The CMP is a vision document. It looks at both present needs and long-term requirements. We want experts and stakeholders to weigh in before anything is finalised," said a senior official involved in the project. The plan also complements other long-term strategies, such as strengthening public transport, improving pedestrian infrastructure, and enhancing last-mile connectivity. While the current Rs510 crore proposal prioritises high-impact traffic zones, further infrastructure upgrades could be incorporated based on feedback and funding. Once finalised and approved, the CMP will serve as a key roadmap for urban mobility development in Nagpur over the next decade. For now, the focus remains on consultation, refinement, and building consensus around the city's transport future.
