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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

However, in FY23 only 1% of the passenger cars sold was electric at 48,000 units, Qureshi said. The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday.

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Most Awaited Electric Cars To Come On Auto Expo 2023

EVehicleShop

Auto Expo 2023 is on the verge of starting and both manufacturers & Auto enthusiasts are excited to be part of this confluence. This time it’s expected that 80% of the automobiles will be electric fleets only.

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CEO’s Take On 2024: Demand for feature-rich, safe, connected and electric vehicles to drive auto parts industry, says Bosch India chief – ET Auto

Baua Electric

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The automotive industry is in transition.

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China’s CALB wants lithium battery factory in Portugal – ET Auto

Baua Electric

Portugal has the largest reserves in Europe of lithium, the main element in the batteries that power electric cars. It will “serve the strong customer demand, mainly in the automobile industry,” APA said on its website. A public consultation on the project is due to run until the end of February.

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Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

Green Car Congress

Dieter Kempf, President of BITKOM, the IT industry Association, Winterkorn declared that the increasingly intensive networking of cars with their surroundings and automatic driving would be the key topics for the intelligent mobility of the future. Their wishes concerning their own cars are changing faster and faster.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

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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Evonik debuts at Auto Shanghai 2011; focus on technologies for lower-carbon vehicles

Green Car Congress

For the first time at the event, Evonik Industries will demonstrate a wide range of applications for cars at the 14 th Shanghai International Automobile Industry Exhibition (Auto Shanghai 2011) from April 21 to 28 in Shanghai, China. China’s overall auto sales rose 32.4% million units in 2010.

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