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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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LanzaTech, Northwestern, ORNL engineer microbe to convert industrial waste gases to acetone or isopropanol

Green Car Congress

A team of scientists from LanzaTech, Northwestern University and the Department of Energy’s Oak Ridge National Laboratory have engineered a microbe to convert molecules of industrial waste gases, such as carbon dioxide and carbon monoxide, into acetone and isopropanol (IPA). auto genome, laying the groundwork for the current research.

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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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US auto regulator opens probe into over 200,000 Ford vehicles on fuel leak risks – ET Auto

Baua Electric

auto safety regulator said on Friday it was opening a preliminary evaluation into 210,960 Ford vehicles following complaints alleging diesel fuel leaks that may result in a fire. diesel engines of model years 2015-2021. It could close the investigation without taking any potential action.

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Scotiabank forecasts 4% growth in global auto market in 2015 to 74M units, led by China

Green Car Congress

2015 forecast share by region. In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36

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Bharat Forge fined under Factories Act, 1948 – ET Auto

Baua Electric

New Delhi: In accordance with Regulation 30 of the SEBI Regulations, 2015, Bharat Forge , a leading industrial powerhouse, is facing litigation under the Factories Act , 1948. The Additional Chief Judicial Magistrate, Pune, has issued an order levying a fine of INR 30,000 on the occupier of Bharat Forge’s factory premises.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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