Remove Auto Remove Auto Industry Remove Products Remove Re-Charge
article thumbnail

CEO’s Take On 2024: Tech-driven auto industry targets to be smarter, greener, says Prashanth Doreswamy – ET Auto

Baua Electric

After two consecutive years of swift growth in the auto industry’s performance, what is your outlook for 2024? 2024 is likely to see the industry stabilize and return to normal. What are the key micro and macro indicators that will play an important role in shaping up the auto industry in 2024?

article thumbnail

ACMA awards 59 companies for excellence in production, innovation, localisation, exports – ET Auto

Baua Electric

New Delhi: The Automotive Component Manufacturers Association of India ( ACMA ) at the 58th edition of the ACMA Excellence Awards and the 9th Technology Summit on March 05, 2024, recognized the exceptional contributions and achievements of 59 auto component manufacturers, and gave away 112 awards under various categories.

Auto 52
article thumbnail

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. First of all, production and trade patterns are shifting.

article thumbnail

At CES, legacy automakers scramble to keep up in AI arms race – ET Auto

Baua Electric

Not so long ago, automakers boasted about horsepower and towing capabilities in their cars and pickups, but in the fast-changing world of technology that now dominates the auto industry, software-driven enhancements are prominent in consumers’ minds. The transition to software-dominated cars is challenging.

Auto 52
article thumbnail

Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

Nickel and cobalt have also tumbled, weighed down by an influx of new production amid concerns that the shift to EVs may not be as smooth and quick as predicted. It’s a dramatic reversal from the ebullience of recent years that sent prices soaring and sparked a rush by some of the auto industry’s biggest players to secure future supply.

Price 52
article thumbnail

Think Planning US Factory; Initial Production in 2010

Green Car Congress

US production is expected to start in 2010, with the first-year volume of 2,500 units being available to pilot and demonstration fleet projects. NK city, a compact electric vehicle that can travel up to 112 miles on a single charge. Plans ultimately call for up to 900 employees and a capacity of 60,000 electric vehicles per year.

2010 186
article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

By some estimates, upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition. The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable.

Market 87