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CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.

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

Baua Electric

Likewise, the auto components industry also touched a new high. According to data shared by Automotive Component Manufacturers Association (ACMA), in FY23, the industry grew 32.8 However, passenger vehicle exports bucked the trend and registered growth, largely due to higher demand for sports utility vehicles.

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Li Auto rolls out price protection policy amid China auto price war

CN EV Post

The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.

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EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

Antonio Tajani, Vice President of the European Commission in charge of Industry and Entrepreneurship, introduced the EC’s CARS 2020 Action Plan aimed at reinforcing the European automotive industry’s competitiveness and sustainability heading towards 2020. —“CARS 2020”. The car sector will also face a similar trend.

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Tesla’s $25,000 car to be built at Giga Texas, then Giga Mexico: Elon Musk

Teslarati

On Tuesday, longtime auto industry veteran Sandy Munro shared a new interview with Musk, held following the Cybertruck delivery event. ” “The revolution in manufacturing that will be represented by that car will blow people’s minds,” Musk said. What are your thoughts? What are your thoughts?

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ISU study finds large potential for biobased materials in auto industry, but with challenges

Green Car Congress

However, they noted, there are also many challenges associated with the use of biobased parts in the auto industry. Availability of biobased materials. Biobased materials availability may improve over time due to the increased demand and research, however, current resources may be have predicted limits.

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UK auto industry warns anti-diesel agenda and slow uptake of EVs could mean missing 2021 CO2 targets; rising CO2 average in 2017

Green Car Congress

The warning came as a new report published by the Society of Motor Manufacturers and Traders (SMMT) confirmed that the fleet average CO 2 of newly registered cars rose for the first time in 2017, despite vehicles becoming ever more efficient. million strong new car market still powered, wholly or in part, by gasoline or diesel.

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