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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

However, in FY23 only 1% of the passenger cars sold was electric at 48,000 units, Qureshi said. The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday.

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Geely Group Sales Of Electrified & Clean Alternative Fuel Vehicles Doubled To 675,000+ Units, 29% Of Sales

CleanTechnica EVs

Zhejiang Geely Holding Group’s (Geely Holding) portfolio has a several prominent automotive brands, including Geely Auto, Geometry, Livan, LYNK & CO, Zeekr, Volvo Cars, Polestar, Proton, Lotus, smart, Radar, LEVC, and Farizon Commercial Vehicle. Yesterday, Geely Holding announced that sales across all of its brands grew 4.7%

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CEO’s Take On 2024: Demand for feature-rich, safe, connected and electric vehicles to drive auto parts industry, says Bosch India chief – ET Auto

Baua Electric

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? Q: What will be the key technologies that will shape the next decade of the auto component industry?

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VW auto shows, EV shoppers will pay more, Chrysler fines: Today's Car News

Green Car Reports

As Volkswagen and other automakers dial back from auto shows, in the U.S. it sees them as a way to explain electric cars to shoppers. A new survey reveals that most car shoppers are willing to pay extra for alternative fuel. And Fiat.

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CEO’s Take on 2024: Cost efficiency and tech skills make India a global force in auto parts sector, says Nirmal K. Minda, CMD, Uno Minda – ET Auto

Baua Electric

Minda, CMD, Uno Minda Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry ‘s performance, what is your outlook for 2024? The past two years have seen a remarkable transformation in the Indian auto and auto component industry.

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Maritz study finds growing but still low US consumer awareness about alternative fuel technologies; knowledge gap and confusion a sales challenge for OEMs

Green Car Congress

Results of a survey released by Maritz Research demonstrates that while US consumer awareness about alternative fuel vehicles continues to grow, only about one in five consumers state they are “very familiar” with any alternative-fuel technologies.

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Hyundai to showcase Nexo hydrogen fuel cell vehicle at Bharat Mobility show

Baua Electric

By: HT Auto Desk | Updated on: 31 Jan 2024, 16:29 PM Hyundai will also demonstrate how its ADAS technology works as safety feature inside cars as well as how EVs can also power a music concert. A Hyundai Nexo – which gets power from hydrogen fuel cells – is on display at the company’s HQ in Gururgram.

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