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CEO’s Take on 2024: Cost efficiency and tech skills make India a global force in auto parts sector, says Nirmal K. Minda, CMD, Uno Minda – ET Auto

Baua Electric

Minda, CMD, Uno Minda Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry ‘s performance, what is your outlook for 2024? The past two years have seen a remarkable transformation in the Indian auto and auto component industry.

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Booking Holdings invests US$500M in DiDi Chuxing; DiDi partners with Continental

Green Car Congress

Booking Holdings has invested US$500 million in DiDi, recognizing DiDi as a leader in the mobile transportation industry. Under the partnership, DiDi and Booking Holdings will leverage their technology capabilities and local operating expertise to offer more comprehensive and personalized quality travel experiences across the world.

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1.65 lakhs electric vehicles supported under the FAME II scheme 

Electric Vehicles India

As per the Society of Indian Automobile Manufacturers (SIAM) report, the Auto industry generates employment of 13 persons for each truck, 6 persons for each car and four persons for every three-wheeler and one person for two-wheelers. 108 crores (approx.)

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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

REUTERS) The just concluded year 2023 was a cheerful one for the Indian auto industry, as the car manufacturers in the country breached the four million mark for the first time. the Indian automobile industry has been showing great resilience. This created quite a ruckus in the global auto industry.

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Waxman/Markey Bill Accelerates Infrastructure and Build-out for Plug-Ins, Calls for Harmonization of Motor Vehicle GHG Standards; 3% of Emissions Allowances for Cap-and-Trade Go to Auto Industry

Green Car Congress

In addition, the bill allocates 3% of the emissions allowances (under the cap-and-trade scheme defined in the bill) through 2017 and 1% from 2018 through 2025 be allocated for investments in electric vehicles and other advanced automobile technology and deployment. ” Harmonized motor vehicle greenhouse gas emissions standards.

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Ford hires Whirlpool government Liz Door as well-known provide chain officer

Baua Electric

The go comes 9 months next Ford warned Wall Boulevard about surging portions prices and put its CFO in command of provide chain efforts on an intervening time foundation past it looked for any person to remove at the newly created position. Door’s hiring is a part of a minor government workforce shakeup introduced Tuesday through Ford.

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Stellantis stops building of Canada EV battery module plant over federal price range

Baua Electric

‘WE CONTINUE TO NEGOTIATE’ A spokesperson for Champagne stated Friday the “auto industry is crucial to the Canadian economy and to the hundreds of thousands of Canadian workers.” ” “We proceed to barter in excellent religion with our companions.

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