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

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“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. Plans to deepen localisation of automatic transmissions, power control units, high strength steel, and combined charging systems are also on cards mid-term.

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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

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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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JSW Group wants to disrupt auto industry, to create ‘Maruti movement’ with new energy vehicles – Sajjan Jindal | Autocar Professional

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Like 40 years ago, 1984, when Maruti came into India, it changed the auto industry. ” The newly formed Joint Venture JSW MG Motor India has set itself a target of selling over 1 million new energy vehicles by 2030 and wants to grab a 33% share of the new energy vehicle or electrified vehicle space.

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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

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China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. China Daily.

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Cooperation of Daimler and Renault-Nissan Alliance accelerates, strengthens in 2015

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The partnership between the Renault-Nissan Alliance and Daimler AG accelerated and strengthened as it entered its sixth year in 2015, the companies’ leaders said today in a media update given during the Frankfurt International Motor Show. We look forward to its continued growth, with more joint projects in the future.

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EC rolls out CARS 2020 action plan for European auto industry

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assess impacts of each trade agreements as well as their cumulative impact on competitiveness of the automotive industry in a thorough and comprehensive way. The IWVTA would offer the benefit to manufacturers to use a “one-shop stop” type-approval procedure for their motor vehicles.

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ALABC and CPT to introduce 48V LC Super Hybrid demonstrator at Vienna Motor Symposium

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The Advanced Lead-Acid Battery Consortium (ALABC) and Controlled Power Technologies (CPT) will introduce a low-carbon 48 volt LC Super Hybrid technology demonstrator at the International Vienna Motor Symposium this week. It combines advanced lead-carbon batteries with CPT’s production-ready SpeedStart motor-generator system.

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