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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

In spite of inflationary pressure, sales were supported by early purchases and easing of semiconductor chip supply. In addition, the industry will continue to experience rapid growth and transformation, with technology playing a crucial role in the same.

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EC rolls out CARS 2020 action plan for European auto industry

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Secondly, the climate agenda becomes more urgent and even more is expected from technological progress. The intense competitive pressure is growing further and EU companies are increasingly being challenged in their home market, while developing opportunities in third markets.

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Study Finds That Clean Cars and Climate Policy Can Create Jobs

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These figures also include jobs in the broader manufacturing supply chain, including raw materials and intermediate goods, as well as non-manufacturing jobs created elsewhere in the economy. Driving Growth: How Clean Cars and Climate Policy Can Create Jobs.

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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

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Disruptive tech, sustainability agenda driving India’s auto INC | Autocar Professional

Baua Electric

Regardless of the current softer global economic climate and its inevitable impact at home, the country’s automotive industry is set for robust and resilient growth enabled by disruptive technologies and a sustainability mindset. India is the world’s third-largest automobile market.

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UK study finds low carbon policy has bolstered UK automotive sector, but trucks neglected and biofuels stalled

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The study also examined policy on low carbon fuels, where changes in direction and the complexity of fuel and infrastructure investments in general have provided a less stable investment climate for the companies concerned. Factory closures were commonplace, innovation was minimal, and the supply chain had become hollowed out.

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Study finds technology cost of achieving European 2020 LDV CO2 targets more than offset by resultant fuel savings

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The technical and macro-economic study, commissioned by the European Climate Foundation, focuses on light-duty vehicles. For example, EU companies that supply fuel-efficient start-stop mechanisms would benefit from an increase in revenue, due to an increase in demand for their products. The project is taking a phased approach.

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