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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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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’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan. L/100km (40 mpg US) or less.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 million units in 2011 and only 13.6 million in 2012. million units in lost vehicle sales this year. Preventing that erosion will be key.

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DOT awards U-M-led hub $15M for connected and automated transportation

Green Car Congress

Headquartered in Ann Arbor, the center sits near the heart of the US auto industry and represents Illinois, Indiana, Minnesota, Ohio and Wisconsin, as well as Michigan. CCAT is part of an expansive University of Michigan portfolio of research tied to the future of mobility.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% in 2014 as a result of industrial overcapacity and weakness in the real estate sector. The IHS Automotive US light vehicle sales forecast for 2015 is 16.9

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Former VW boss Herbert Diess elected as chairman of chipmaker Infineon

Teslarati

Diess was part of Infineon’s supervisory board from 2015 to 2020. Its primary clients come from the auto industry, which Diess is also intimately familiar with, making him a good candidate for chairman. Infineon was the semiconductor arm of the German company Siemens. The Munich-based chipmaker purchased U.S.

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EPA proposes leaving light-duty vehicle GHG standards for MY 2022-2025 unchanged

Green Car Congress

The final standards are projected result in an average industry fleet-wide level of 163 grams/mile of CO 2 in model year 2025, which is equivalent to 54.5 As part of the rulemaking establishing the model year 2017-2025 light-duty vehicle GHG standards, EPA committed to conduct a Midterm Evaluation of standards for model years 2022-2025.

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