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Stellantis CEO: EV transition costs are “beyond the limits” the auto industry can sustain

Teslarati

Stellantis CEO Carlos Taveres stated that the pressure for legacy automakers to accelerate the shift to electric vehicles could threaten jobs and vehicle quality as traditional carmakers struggle to manage the higher costs of producing EVs. US President Biden pats GM CEO’s back: “You electrified the entire auto industry.

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. A growing consumer awareness led to an increased desire to have them in vehicles. After convenience, a nice-looking vehicle proved to be very important.

Global 429
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GM Says Updated U.S. Emissions Rules Will Cost Auto Industry Billions in Fines

The Truth About Cars

During the meeting, GM estimated the auto industry as a whole could see penalties ranging from $1,300 to $4,300 per vehicle by 2031. This was verified via information found on the White House website. Overall, the benefits of the rule would exceed costs by more than $18 billion, the official added.

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US President Biden pats GM CEO’s back: “You electrified the entire auto industry. You led.”

Teslarati

US President Joe Biden recently visited General Motors’ Factory Zero in Detroit, a site that the veteran automaker notes would be the centerpiece of a massive electric vehicle revolution. The future is electric – and it will be made right here in America. You electrified the entire automotive industry.

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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. The integration of software has transformed the vehicle architecture, and we will move further away from a hardware-centric approach.

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Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

These skills include expertise in future technologies such as electric vehicles (EVs), autonomous driving, networking, and data analytics. The post Fast evolving auto industry needs befitting HR solutions | Autocar Professional appeared first on Bauaelectric Auto News. G S Ramesh is the Chaiman of Layam Group.

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Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Baua Electric

ZF Friedrichshafen, which makes transmissions, shock absorption systems, and chassis components for more than 55 auto brands and is Germany’s second-largest supplier after Bosch, said it could axe as many as 12,000 people in a “worst-case scenario” by 2030, reports The Financial Times. FTC: We use income earning auto affiliate links.