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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. Exports of auto parts from the country, in fact, increased by nearly one-third to INR 1.42

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ACMA Automechanika 2024 concludes on a high note; global aftermarket presents USD 35 bn exports opportunity: ACMA-EY Study – ET Auto

Baua Electric

The Global Automotive Aftermarket Research, prepared by ACMA in collaboration with Ernst & Young was released during the event. It was a conglomeration of the entire mobility ecosystem under one roof, displaying the tech capabilities and innovations of Indian automotive industry.

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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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Power Global launches eZee swappable battery EVs in India 

Electric Vehicles India

Power Global launches eZee swappable battery EVs in India . A Noida based Power Global is a leading high-performance clean energy and mobility product for everyday applications has launched its first eZee swappable battery in India. Power Global swappable battery. Power Global swappable battery.

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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

While India has a position as one of the world’s fastest-growing economies, its motor vehicle penetration per capita remains significantly lower compared to the global average. However, this disparity is anticipated to narrow gradually, fueled by rising disposable income and ushering in a lucrative market for the auto industry.

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GM’s Tesla NACS support spells trouble for Electrify America [Opinion]

Teslarati

A previous Teslarati article theorized that Ford’s adoption of Tesla’s NACS could change the electric vehicle (EV) charging landscape, specifically in the United States and the rest of North America. General Motors and Ford hold a significant market share of the United States auto industry.

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VinFast announces new EV facility in India

Teslarati

. “We believe that investing in Tamil Nadu will not only bring considerable economic benefits to both parties but will also help accelerate the green energy transition in India and the region,” said Tran Mai Hoa, VinFast Global’s Deputy CEO of Sales and Marketing. In August 2023, VinFast Auto Ltd.

India 110