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Toyota ramping up bZ4X SUV production to compete in swelling EV market, but not anytime soon

Electrek

Is the world’s largest automaker finally responding to the rapidly changing auto industry? Toyota is now considering ramping up production of its first 100% electric mass-market vehicle, the bZ4X SUV, but not until 2025, according to sources familiar with the plans.

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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 The aftermarket industry, valued at Rs 85,333 crore, also experienced a steady growth of 15 percent. percent to clock a turnover Rs 5.60

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Rural demand & SUVs propel India’s record-breaking car sales in FY24

Baua Electric

Read more Rapid surges in SUV sales have propelled the growth in rural market sales for all the carmakers in India, while demand for small cars has slumped significantly. lakh passenger vehicles in the CY23, now the Indian auto industry has sold 40 lakh PVs for the first time in a financial year in FY2024, reported Mint.

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

Green Car Congress

A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. However, they noted, there are also many challenges associated with the use of biobased parts in the auto industry. Cost to manufacture is one of the main considerations.

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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. After the surge of SUVs, the share has dropped to below 30 per cent in the last couple of years.

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BYD celebrates 7 million new energy vehicle (NEV) production milestone

Teslarati

That time has long passed, and BYD’s presence in the hybrid, PHEV, and BEV sector has grown to a point where it has garnered the respect of the global auto industry. As noted by the Chinese automaker in a post on Weibo, its 7 millionth NEV is an N7 SUV from the company’s premium sub-brand Denza.

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Geely officially discloses new global B-segment automobile modular architecture: BMA; new BMA-based SUV to launch this year

Green Car Congress

Automobile modular architectures—for example, TNGA of Toyota, and MQB, MLB and MEB of the Volkswagen Group—hav become a major trend in the auto industry. The BMA platform will be applied in compact cars, including SUVs, sedans, MPVs, crossovers, and wagons.