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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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China’s CALB wants lithium battery factory in Portugal – ET Auto

Baua Electric

Portugal has the largest reserves in Europe of lithium, the main element in the batteries that power electric cars. It will “serve the strong customer demand, mainly in the automobile industry,” APA said on its website. A public consultation on the project is due to run until the end of February.

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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? The automotive industry is in transition.

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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

The first SUV from Polestar, the premium electric vehicle maker owned by Geely and Volvo Cars, has been officially unveiled in China, but at a price reduction of about RMB 200,000 yuan ($29,080) from the model's global debut last year. For more articles, please visit CnEVPost.

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Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

Today in this article we will see the sales of electric vehicles under the FAME II scheme and overall sales. It provides subsidies for electric two and three-wheelers, hybrid and e-cars and buses. It has announced the sales of the automobile industry for May 2021. billion (USD 130 million).

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Bosch Powers the Automotive Sector Toward an Electrified Future

Cars That Think

This sponsored article is brought to you by COMSOL. Their gleaming galleries feature many historic and influential cars, almost all of them powered by petroleum-fueled internal combustion (IC) engines. The German automotive sector, along with its global counterparts, is doing so by developing elektrische autos.

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How 3D Printing Can Disrupt the EV Sector

Get Electric Vehicle

The components of an electric car differ significantly from those of an internal combustion engine (ICE) vehicle. The advancement of sand 3D printing technologies to improve the capabilities of the old casting industry may become more widespread as it can handle high throughput manufacturing as required by the automobile industry.

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