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ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

Green Car Congress

Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. 04/01/2022 Images are for editorial use only.

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EU auto sales expected to slow in 2024 as EV share increases: ACEA

Teslarati

Automotive sales in European Union (EU) countries are expected to slow next year, though some are reporting that the slowdown will cause a sharp increase in electric vehicle (EV) market share. In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year. percent this year.

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Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

As a result of the dynamic nature of the sector and the ongoing technical breakthroughs, there is a significant demand for talented people in various fields, including engineering, design, production, supply chain management, and sales. Companies can implement an incentive and variable pay concept to manage compensation.

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

Baua Electric

So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. Domestic automobile sales saw a significant year-on-year growth of 20 percent, marking the first full year unaffected by the pandemic. percent to clock a turnover Rs 5.60

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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Will the Japanese Auto Industry Completely Collapse?

My Electric Car

The Japanese auto industry is facing a potential demise due to its slow adoption of electric cars. However, the Japanese auto industry has been slow to adopt this technology, and has not been able to keep up with the competition from other countries. Add to that the huge debt burden already carried by the likes of Toyota.

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Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” He pointed out that electric vehicles and plug-in hybrids account for 14% of global car sales, led by Asian automakers. to boost investments in North America.

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