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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

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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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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Hyundai Motor Group bolsters partnership with Rimac on high-performance EVs and fuel cell prototypes across brands

Green Car Congress

Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new auto industry in Croatia. The automotive industry needs to get the same attention as soccer in Croatia.

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Tesla’s 2023 in review: NACS adoption, Cybertruck launch and more

Teslarati

As we prepare for what’s expected to be an eventful 2024, it’s also worth looking back on Tesla’s year in 2023 to highlight some of the company’s many major developments. The plan followed the Tesla Master Plan parts one and two , which were shared by the company in 2006 and 2016, respectively.

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ACMA Automechanika 2024 triumphs as global hub for Indian automotive aftermarket, eyes US$ 35 billion exports opportunity | Autocar Professional

Baua Electric

The 5th edition of ACMA Automechanika 2024, held in collaboration with Messe Frankfurt and as part of Bharat Mobility Global Expo, concluded successfully, attracting 35,000 business visitors. The event brought together the entire mobility ecosystem, showcasing the technological capabilities and innovations of the Indian automotive industry.

Global 52
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ACMA Automechanika 2024 triumphs as global hub for Indian automotive aftermarket, eyes US$ 35 billion exports opportunity | Autocar Professional

Baua Electric

The 5th edition of ACMA Automechanika 2024, held in collaboration with Messe Frankfurt and as part of Bharat Mobility Global Expo, concluded successfully, attracting 35,000 business visitors. The event brought together the entire mobility ecosystem, showcasing the technological capabilities and innovations of the Indian automotive industry.

Global 52
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Can small car segment bounce back by 2026? Trends suggest otherwise

Baua Electric

By: HT Auto Desk | Updated on: 10 May 2024, 13:15 PM The small car segment, which includes the hatchbacks, once ruled the Indian auto industry with nearly half the market share. From the 1990s, small cars led by Maruti Suzuki and Hyundai Motor, were the backbone of the Indian auto industry.

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