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CEO’s Take On 2024: Tech-driven auto industry targets to be smarter, greener, says Prashanth Doreswamy – ET Auto

Baua Electric

After two consecutive years of swift growth in the auto industry’s performance, what is your outlook for 2024? 2024 is likely to see the industry stabilize and return to normal. What are the key micro and macro indicators that will play an important role in shaping up the auto industry in 2024?

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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

To bridge this gap, both the government and the private sector are investing heavily and dedicating extensive resources to develop the value chain. We anticipate that 2024 will bring about another phase of transformation in an industry that plays a vital role in the Indian economy and contributes significantly to the GDP.

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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. The auto industry is eager to move as fast as it can towards zero-emission vehicles.

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EPA: GHG emissions standards for cars and light trucks should be revised; joint process with NHTSA (updated with more reactions)

Green Car Congress

Negative reaction to the widely expected announcement was voluminous and vociferous: Ceres: “Rolling back the Corporate Average Fuel Economy (CAFE) and emissions standards will undermine the global competitiveness of the US auto industry. California Air Resources Board Chair Mary D. This decision takes the U.S. Earlier post.)

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California announces it will ban the sale of New Gasoline Cars

Setec Powerr

Recently, the California Air Resources Board voted to adopt a new regulation. Auto industry analysts say the unprecedented move by California could help push the auto market to achieve that goal. Another goal of California’s plan is to reduce the cost of electric vehicles and make them more affordable.

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Chrysler Group in 5-year, $18.2M partnership with McMaster University to develop advanced electric and hybrid powertrains; funding from Canadian Government

Green Car Congress

For McMaster, the project partnership is one of three new partnerships with Chrysler, the federal government and other auto industry leaders worth a combined $24 million. Legislative pressure and socioeconomic forces are compelling the auto industry to deliver unparalleled technological advancement at an unprecedented rate.

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Berkeley study finds clean vehicle rebates have predominantly benefited wealthy, white Californians

Green Car Congress

We can surmise that this is partially attributed to the auto industry targeting wealthier areas with marketing campaigns, and also because information and guidance about electric vehicles and subsidy programs is not distributed evenly across all populations. —Rubin and St-Louis (2016).

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