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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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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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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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Carbon Negative: Toyota Working On a Carbon Capture Filtration System

The Truth About Cars

Toyota has taken an all-around beating for its decision to focus on a diverse array of alternative fuels and electrification options instead of going all-in on EVs, but that approach has started to look more prudent as other companies struggle with slower-than-expected growth. Image: Toyota] Become a TTAC insider.

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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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Survey Finds Fuel Efficiency Impacting US Consumers’ Future Auto Buying Decisions

Green Car Congress

A new survey by Capital One Auto Finance found that more than half of respondents (53%) say that their next car will be more fuel efficient than their current vehicle and 55% would be very likely or somewhat likely to give up a larger vehicle for a more fuel-efficient model when they buy their next car.

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New Argonne-developed tool helps car buyers compare electric-drive and traditional vehicles

Green Car Congress

The tool was created as a part of an innovative clean-vehicle program recently launched in the Midwest. The consumer tool, called EVolution: Choices for a Smarter Purchase , is designed to help car buyers make informed decisions when purchasing a new vehicle. The project was announced at the 2017 Chicago Auto Show.