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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. India’s passenger vehicle sales surged past 4 million units for the first-time ever in calendar year 2023. As per industry estimates, about 4.1 compared with sales of 3.79

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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

Sustainable Value Margin—the ratio of Sustainable Value to sales—for each of the evaluated manufacturers. The BMW Group and Toyota are consistent industry leaders, creating extremely positive Sustainable Value over the entire review period—i.e., Findings of the report include: Toyota and the BMW Group are industry leaders.

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Süd-Chemie to Supply Evonik with Lithium Iron Phosphate Materials for Automotive and Industrial Batteries

Green Car Congress

Süd-Chemie AG will supply Evonik Industries AG with novel lithium iron phosphate materials for use in the next generation of lithium-ion batteries for automobiles and other industrial applications. Li-Tec—a joint venture operated by Evonik Industries (50.1%) and Daimler AG (49.9%—uses Earlier post.).

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Pike Research forecasts accelerating hybrid locomotive sales from 2015-2020

Green Car Congress

Hybrid electric locomotive sales will have an increasing presence in global rail markets between 2015 and 2020, according to a new report from Pike Research. During that period, hybrid locomotive sales will increase at a compound annual growth rate (CAGR) of 19.4% Pike estimates sales growth in China will be strong (a CAGR of 22.2%

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Stellantis slams Italy for not backing EVs, putting Fiat at risk

Baua Electric

Stellantis has been asking the Italian government for the last nine months to support EV sales,” Tavares said this week, according to Automotive News Europe. But Stellantis has been seeking some support in making that happen, via reduced energy costs and EV sales incentives, Automotive News Europe reports.

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Toyota Motor to consolidate development and production of diesel engines under TICO; manual transmissions under Aisin Seiki; brake systems under Advics

Green Car Congress

Toyota Industries Corporation (TICO) and Toyota Motor Corporation (TMC) will consolidate their joint diesel engine development and production under the control of TICO. Automotive engines are manufactured on consignment from Toyota Motor Corporation and are all used in Toyota-brand automobiles. Current TICO light-duty diesels.

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BRANDED CONTENT: Serving India’s EV ecosystem | Autocar Professional

Baua Electric

The company is betting big on providing multi-brand after [1] sales services specifically tailored for EV customers. "It's "It's a vast, untapped market," says Dhruv Patel, Director at Shimnit India, with over two decades of experience in sales, operations, technology, and strategic partnerships. lakh vehicles.

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