Baua Electric

MARCH 24, 2024

Companies can implement an incentive and variable pay concept to manage compensation. Training helps To solve the issue of skill shortages, companies are investing in training and upskilling programmes. The post Fast evolving auto industry needs befitting HR solutions | Autocar Professional appeared first on Bauaelectric Auto News.

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The Truth About Cars

AUGUST 14, 2023

Build Your Dreams, or BYD, is likely one of the largest companies you’ve never heard of. Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9

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Teslarati

MAY 30, 2022

It’s easy to fall into the Tesla vs. legacy auto narrative. Since the days of the original Roadster, it appeared that Tesla was this company that was determined to make a change by forcing the automotive industry to go electric. Its Model S did prove that EVs can be just as good or even better than combustion-powered cars.

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Baua Electric

JANUARY 23, 2024

Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years. The company employs 165,000 people around the world.

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Electrek

MARCH 24, 2023

The Polestar 2 is taking the auto industry by storm, placing among the top ten-selling electric vehicle in some of the most popular vehicle markets. In 2022, the Polestar 2 became a top-selling electric company car and made the top ten overall company cars in Germany, home of luxury vehicles and auto innovation.

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Teslarati

SEPTEMBER 19, 2022

Although Tesla spends $0, the decline in ad spending could be an indicator of troubles for an industry trying to compete with Tesla’s EV lead. Reuters reported that the auto industry’s ad spending fell to $4.8 billion between January and July 2022 or 4% year-on-year. Compared with the same period in 2019 ($5.50

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CleanTechnica EVs

JUNE 17, 2021

Ltd (Tuopu) recently stated in its most recent earnings call that Tesla has a five year gap on other car companies, Teslarati reported. Tuopu is an auto parts supplier that services a wide variety of brands, from Geely and SAIC to Ford, GM, Volkswagen, and other major automakers. China-based Ningbo Tuopu Group Co.

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Auto Industry Auto Industrial Industry 145

The Truth About Cars

SEPTEMBER 15, 2023

UAW President Shawn Fain said the Union would expand the strike in intervals to put more pressure on the auto giants, with plants in Michigan, Ohio, and Missouri being the first to stop work. However, it also puts pressure on the workers, who will only receive a $500 payment from the Union if the strike extends past eight days.&

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Baua Electric

JANUARY 13, 2024

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 As electric vehicles become more prevalent, oil and gas companies are exploring opportunities in the chemical industry.

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Auto Industry Industrial Industry Auto 52

Green Car Congress

JANUARY 7, 2016

Established automotive industry companies—not Silicon Valley—are leading the development of autonomous driving technology, according to a new report from the Intellectual Property and Science business of Thomson Reuters. headlines over the past year have touted tech companies innovating in the automotive space.

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Baua Electric

MARCH 20, 2024

Like 40 years ago, 1984, when Maruti came into India, it changed the auto industry. It brought in very efficient cars, very lightweight cars, and the Ambassadors and the Fiats went into oblivion and Maruti brought in state-of-the-art new cars and today they are the 50% market leader. They control market share.

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Auto Industry Industrial Industry Auto 40

Green Car Congress

OCTOBER 24, 2018

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. —Zaki Fasihuddin, CEO of the Volvo Cars Tech Fund.

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Volvo Electric Cars Companies Charging 230

Green Car Congress

JUNE 26, 2014

Android Auto made its debut at the 2014 Google I/O annual technology conference in San Francisco as the first innovation resulting from the Open Automotive Alliance (OAA)—a coalition of tech companies and auto industry leaders launched in January by Google, NVIDIA, Audi, GM, Honda and Hyundai committed to bringing the Android platform to cars.

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Auto San Francisco Companies Google 273

The Truth About Cars

JUNE 15, 2023

It’s the regulators' assertion that companies are obligated to enforce federal standards while suggesting that the state law poses safety concerns. The NHTSA seems to be doing little more than protecting the massive companies that have the most to gain by furthering the connectivity agenda.

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Massachusetts Auto Industry Industrial Industry 85

Teslarati

NOVEMBER 29, 2023

Manufacturers group the Association des Constructeurs européens d’Automobiles (ACEA) announced its latest forecast in a press release on Wednesday, which predicts that EU new car sales will increase by just 2.5 In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year.

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CN EV Post

MARCH 13, 2023

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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Baua Electric

JANUARY 17, 2024

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. Circulor CEO Douglas Johnson-Poensgen said the company was currently talking to companies up and down the EV battery cell supply chain.

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Green Car Congress

MARCH 3, 2022

Volvo Cars reported sales of 42,067 cars in February, a decline by 17.2% Sales of Volvo Cars’ Recharge models made up for 33.0% of all Volvo cars sold globally during the month. Sales of fully electric cars increased by 229.5% In the first two months of the year, Volvo Cars sold 89,628 cars, a decline by 18.8%

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CN EV Post

MARCH 12, 2023

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry.

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Standards China Auto Emissions 90

Green Car Reports

DECEMBER 2, 2021

The added cost of manufacturing electric cars is "beyond the limits" for what the auto industry can sustain, Stellantis CEO Carlos Tavares said in an interview with Reuters published Wednesday.

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CN EV Post

MARCH 16, 2023

billion in subsidies for car purchases. (A A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. billion in subsidies for car purchases, according to a poster on its website. family models as the price war in China's auto industry intensified.

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Price China Auto Auto Industry 114

Green Car Congress

NOVEMBER 8, 2012

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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Auto Industry 2020 Industrial Industry 231

CleanTechnica EVs

MARCH 3, 2022

Prior to the rise of Tesla, conventional wisdom held that it would be practically impossible for a startup company to challenge the behemoths of Big Auto. When economics professors explained the concept of barriers to entry, the auto industry was usually example #1.

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CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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Dealers BMW Price China 128

Green Car Congress

JULY 9, 2012

China has made progress with automotive energy-saving technologies over the past 10 years through implementing passenger car fuel consumption limits and the use of fiscal policy to encourage the purchase of small cars, the government statement noted. 2012 Chinese Auto Industry Development Report. L/100km (52.3

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Teslarati

DECEMBER 5, 2023

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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Baua Electric

MARCH 23, 2024

The auto industry is electrifying, and all new cars will be electric in the relatively near future. BMW, VW and Renault asked European regulators to push back the 2035 gas car phase-out , despite that this timeline has already been loosened. It is necessary that we stop burning fossil fuels, and fast. How do we know this?

Chinese 52

Chinese Auto Auto Industry China 52

CleanTechnica EVs

SEPTEMBER 11, 2022

Despite some big players in the auto industry saying there is no demand for electric vehicles, a lot of people actually want electric cars and want them as soon as practically possible. One company that is answering the call for EVs in a big way is SAIC.

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Green Car Congress

FEBRUARY 27, 2018

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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2017 Auto Industry Diesel CO2 210

Green Car Reports

JANUARY 3, 2018

Today, sales reports are coming in for last year—electric cars did well—and we explain why auto-company whining is nothing new. Also, fossil fuels aren't the only source of climate chance, and we look at plug-in car insurance rates. All this and more on Green Car Reports.

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Teslarati

JANUARY 1, 2023

While many automakers now view autonomous driving products as the auto industry’s future, recent history has shown that it can be a highly volatile market. A month ago, Ford was forced to divest from its autonomous vehicle company after struggling with profitability. Zenseact is now a 100% subsidiary of Volvo Cars.

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The Truth About Cars

APRIL 11, 2024

The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force. China had long been a sort of a sleeping giant in the world economy, though it hasn’t been so sleepy over the last few decades.

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Green Car Congress

SEPTEMBER 24, 2021

Mercedes-Benz is taking an equity stake in European battery cell manufacturer Automotive Cells Company (ACC) to scale up development and production of next-generation high-performance battery cells and modules. Joining ACC is the next step on the luxury car maker’s strategic course from “Electric first” to “Electric only”.

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CN EV Post

MARCH 29, 2023

Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. On March 23, China's Auto Dealers Chamber of Commerce (CADCC) called on regulators to delay the implementation of the China 6b emissions standard.

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CN EV Post

MARCH 9, 2023

Image from BYD's Weibo) As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged. Song family models sold 52,400 units in February , BYD's highest sales in the month, contributing 27 percent of all its passenger car sales.

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Green Car Congress

JULY 31, 2011

In sync with its past annual auto studies, AlixPartners continues to predict that US auto sales will climb more slowly, and to a lower peak, than many others are predicting. Specifically, the firm estimates US auto sales will reach just 12.7 billion in 2010 profit on a net margin of 4.6% billion on a net margin of 4.3%—things

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Baua Electric

MARCH 26, 2024

via REUTERS) Self-driving cars have been making headlines over the last one decade. Traditional car manufacturers have been working on this technology with a huge chunk of investment. Besides that, the technology startups and leading technology companies have also been working on the same system.

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Cars Auto Industry Auto Connect 52