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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. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 million units in 2011 and only 13.6 million in 2012. million units in lost vehicle sales this year. Preventing that erosion will be key.

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Tesla bucked the industry with its Q1 results — now TSLA is seeing momentum

Teslarati

Tesla ( NASDAQ:TSLA ) essentially bucked the auto industry in the first quarter of 2022. Jessica Caldwell, Edmunds’ executive director of insights, noted that the lack of inventory is one of the reasons behind the drop in the US’ new vehicle sales in Q1 2022. Don’t hesitate to contact us with news tips.

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The Costly Impact of Non-Strategic Patents

Cars That Think

The five largest auto manufacturers will face massive U.S. This report examines auto industry lapse trends and how a company’s decisions on keeping, selling or pruning patents can greatly impact its cost savings and revenue generation opportunities. Get the insights. patent fees within the next five years.

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European battery maker ACC partners with Circulor to map supply chain, carbon emissions – ET Auto

Baua Electric

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe.

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China to invest more than USD 830 mn in solid-state battery research – ET Auto

Baua Electric

Many auto industry officials and analysts expect solid-state batteries will determine the competitiveness of the next-generation EVs. Geely declined to comment. The other companies did not immediately reply to Reuters’ requests for comments. The official China Daily first reported news of the state-funded project.

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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. per cent by 2028.

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