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Tesla supply chain: Biden team plans $52B funding to address chip shortage among US carmakers

Teslarati

Companies around the globe have been affected by the global chip shortage, including US automakers like Ford, General Motors, and Tesla. . Semiconductor shortages halt BMW and Daimler production lines. Elon Musk admitted Tesla was affected by the chip shortage in the last earnings call.

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Zinnov: automotive witnessing highest disruption among all industries; ~$6B invested in start-ups in FY 2015

Green Car Congress

Management consulting firm Zinnov released its latest study conducted on the Automotive R&D Globalization Landscape, presenting a global engineering R&D analysis on the top 60 automotive companies and how are they leveraging the global R&D ecosystems to improve engineering output and efficiency.

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Made-in-India two-wheeler exports finally on the upswing | Autocar Professional

Baua Electric

This comes after a fairly long period of dampened economic conditions in some of the key global markets which saw rough macroeconomic conditions, country-specific local currency depreciation, availability of foreign exchange and also regulatory issues. Let’s take a closer look at the top exporting companies. The longstanding No.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. Chinese companies accounted for 75% of electric car sales in 2022, and 45% in 2023.