article thumbnail

GE and Naza exploring EV collaboration in Malaysia

Green Car Congress

General Electric (GE) and the Naza Group of Companies signed a memorandum of understanding (MoU) to explore potential collaboration in electrical vehicles, sustainable property development and healthcare services in Malaysia. He cited electrical vehicles as an important sector as it is set to revolutionize the automotive industry worldwide.

Malaysia 186
article thumbnail

Hexa Research forecasts $10.96B global rare earth elements market by 2020

Green Car Congress

According to a new study by Hexa Research, high demand for rare earth elements such as cerium and lanthanum in applications such as automobiles, metallurgy, phosphors, glass, etc. Elements such as terbium, europium and yttrium are used in the phosphors industry. were the dominant players of the Rare Earth Elements industry in 2013.

2020 150
article thumbnail

In getaway battle, he discovered a trail, point of view, and occupation at Toyota in Canada

Baua Electric

His year at CP Rail sparked his hobby in automobile, as cars had been some of the key merchandise his intermodal services and products helped send. I like to learn different things about the industry, so that encouraged me to move from job to job,” he stated. “I Toyota was once considered one of his shoppers.

Canada 52
article thumbnail

CarDekho Group eyeing 40% consolidated growth in FY25: Founder Amit Jain – ET Auto

Baua Electric

Jain who leads CarDekho and is a familiar face on the business reality series Shark Tank India told PTI in an interview that the automobile marketplace (CarDekho) has been profitable for years now and hoped that profitability at a group level would come by in FY25, after which an IPO would follow.

Auto 52
article thumbnail

More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

According to industry estimates, the state’s automotive sector is now valued at USD 3 billion, with Gujarat exporting automobiles and auto components with over eight lakh vehicles exported in the fiscal year 2020-21. This will lead to 1.7 times more production and 2.7 times more exports this year. We will invest in the future.

Green 52
article thumbnail

Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. The Federation of Thai Industries believes electric car sales will exceed 10,000 units this year, a fourfold increase. What is the mystery behind it?.

Asia 97
article thumbnail

Detroit Electric and Proton Announce Strategic Partnership to Produce EVs

Green Car Congress

The DE e63 in a media test drive at the Proton Center of Excellence track in Malaysia. Detroit Electric Holdings Ltd, the joint venture between ZAP and China Youngman Group ( earlier post ), and Malaysia-based Proton Holdings Berhad are forming a strategic partnership for the mass production of electric vehicles. Click to enlarge.

Detroit 150