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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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Is the Ford Mustang Mach-E the Best Thing To Happen to the EV Industry?

Clean Fleet Report

Is the Ford Mustang Mach-E the Best Thing To Happen to the EV Industry? Opinion: The Perception of EVs Was Changed by the Mach-E This article may contain affiliate links. Making EVs cool The Ford Mustang Mach-E is an all-electric version of one of the world’s most iconic motor vehicles.

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When Do Fossil Fuel Car Sales Collapse?

CleanTechnica EVs

Maarten Vinkhuyzen was ahead of the curve (as usual) and wrote the article “The Osborne Effect On The Auto Industry” in February 2019. This is one of those topics that seems to come up more and more frequently.

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Is Toyota Circling The Drain? Will It Take Japan With It?

CleanTechnica EVs

(Certification chatGTP was not used in the writing of this article.) Recent conservations with my mate, retired economics professor Dr Paul Wildman, have led to this article. The entire Japanese auto industry, and especially Toyota, appears to be in denial about the global ascendency of electric drivetrains.

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The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

Get Electric Vehicle

  Amitabh Kant stated that Rs 20 lakh crore of investment is required in the construction of electric vehicle infrastructure and that several multilateral funding solutions are being studied with the World Bank for implementation. He believes that these sectors will lead the country’s green mobility revolution. 

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NIO keeps goal of doubling sales this year despite price war causing greater challenges

CN EV Post

NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. The price war has had a big impact on the auto industry, and NIO will not follow suit. For more articles, please visit CnEVPost. percent from February.

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SAIC-Volkswagen offers up to $7,250 discount as China auto price war continues

CN EV Post

A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. 3 pure electric vehicle and RMB 30,000 for both the ID.4 family models as the price war in China's auto industry intensified. For more articles, please visit CnEVPost.

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