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Musk’s big win in China: Tesla clears data security, full self driving hurdles for locally-made cars – ET Auto

Baua Electric

This is according to the China Association of Automobile Manufacturers. Meanwhile, Reuters reported citing sources that Baidu, a prominent Chinese internet search company, has reportedly struck a deal with Tesla, allowing the car manufacturer access to its mapping license for gathering data on public roads in China.

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BYD to stop making pouch batteries for its hybrid EVs on leakage concerns – sources – ET Auto

Baua Electric

BYD sold 98% of its hybrid cars at home last year, and eight of the 10 top-selling plug-in hybrid cars in China, according to data from the China Association of Automobile Manufacturers. BYD, which is backed by Warren Buffett’s Berkshire Hathaway, did not respond to requests for comment.

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Are Toyota, Mazda, and Subaru Doing the Right Thing By Snubbing EVs?

The Truth About Cars

The Japan Automobile Manufacturers Association has likewise stressed its concern that a blind push toward EVs endangered the jobs of 5.5 It also suggested that it could fall behind global innovators in China and Silicon Valley, potentially endangering jobs on a longer timeline.

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Chery's NEV unit cuts vehicle prices by up to 10%

CN EV Post

This is due to the global price correction of new energy materials and the company's cost control and supply chain management capabilities, Chery New Energy said in an announcement. For more articles, please visit CnEVPost. For Chery, its performance at the beginning of the year was weak.

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

Baua Electric

Industry stakeholders said that in addition to reducing dependence on China, localisation programmes will help expand India’s share in the global trade of advanced auto components going ahead. Work is on to increase net localisation by another 16-20%, or about INR 24,995 crore, over the following five years ending FY27, they said.

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Manufacturer Spotlight: Volvo

Green Cars News

Where we stand: February 2011 The Swedish automobile manufacturer Volvo has endured a turbulent time in recent years having been sold by the Ford Motor Company to Zhejiang Geely Holding Group in 2010 (see article). However, in the same year it also recorded global sales of 373,525 cars – representing an increase of 11.2

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Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The Government of India is continuously making efforts to bring the electric vehicles revolution in India through various initiatives be it providing exemption of tax on electric vehicles or providing incentives under the FAME II (Faster Adoption and Manufacturing of Hybrid and EV). per cent growth. Electrification of transportation.