Remove Auto Remove Auto Industry Remove Products Remove SUV
article thumbnail

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 Similar growth is expected in passenger vehicle sales volume, driven by strong demand in the SUV segment. percent to clock a turnover Rs 5.60

article thumbnail

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.

BYD 115
article thumbnail

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.

SUV 67
article thumbnail

Magna lags profit estimates, cuts annual sales forecast on supply chain snags – ET Auto

Baua Electric

Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. The company’s shares were down about 4% in early trade.

article thumbnail

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. Examples of biobased parts in production.

article thumbnail

Audi e-tron Sportback electric SUV edges closer to production form

Green Car Reports

We've seen and driven the upcoming Audi e-tron quattro electric SUV, and this week got a look at the more affordable Q4 e-tron as well as four new plug-in hybrids coming from Audi. In between, the brand is also scheduled to release a fastback version of the e-tron Quattro SUV, called the e-tron Sportback.

Audi 88
article thumbnail

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.