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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. As per industry estimates, about 4.1

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Honeywell Automation India appoints Atul Pai as Managing Director | Autocar Professional

Baua Electric

He succeeds Ashish Gaikwad who is taking on a broader responsibility as India Leader for Industrial Automation, one of Honeywell International Inc’s strategic business groups. Pai joined HAIL in 2001 and has held several leadership roles across the business.

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CCM: LiPF6 industry in China may face overcapacity in 2017

Green Car Congress

Soaring prices for and profits from LiPF 6 —lithium hexafluorophosphate, the dominant Li-salt used in electrolytes in commercial rechargeable lithium-ion batteries (LIBs) based on a graphite anode and a 3–4 V cathode material—has encouraged enterprises in China to expand LiPF 6 production while also attracting new players.

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Toyota & Daimler Merging Hino & Mitsubishi Fuso Truck Brands

The Truth About Cars

If you’re confused by the news, Mitsubishi only has a minority stake in the Fuso brand with Germany’s Daimler having owned 89 percent of the whole since the early 2000s. since 2001 and enjoyed a working partnership with Japan’s largest automaker since the 1960s. On Tuesday, Toyota Motor Corp.

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Italy looks to sink $1 billion into boosting electric cars

Baua Electric

Bloomberg reports that the Italian industry ministry is weighing a plan to sink €930 million ($1 billion) into some enticing financial incentives to nudge drivers toward electric cars. The new plan also aims to help low-income families purchase made-in-Italy EVs, similar to the package offered by France’s made-in-France incentives.

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Stellantis slams Italy for not backing EVs, putting Fiat at risk

Baua Electric

And Stellantis’s CEO Carlos Tarvares says the government needs to step in and do more, a lot more, to promote EVs in a country with only 4% EV adoption rate, reports Automotive News Europe. But Stellantis has been seeking some support in making that happen, via reduced energy costs and EV sales incentives, Automotive News Europe reports.

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Bentley names former Volvo exec head of design

Baua Electric

What we want to bring in now is more of that industrial design,” he stated. He was once Bentley’s head of internal design from 2001 and 2013. The post Bentley names former Volvo exec head of design appeared first on Bauaelectric Auto News.

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