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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. Exports were a mixed bag as overall numbers declined from the previous year — export of two-wheelers, commercial vehicles, tractors, and three-wheelers declined.

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Mahindra and Ford to explore strategic cooperation to drive profitable growth in India and other emerging markets

Green Car Congress

Mahindra Group and Ford Motor Company have agreed to explore a strategic alliance designed to leverage the benefits of Ford’s global reach and expertise and Mahindra’s scale in India and successful operating model. Sourcing and commercial efficiencies. Global emerging markets; improving Mahindra’s reach outside of India.

India 150
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Novelis plans Customer Solution Centers to innovate alongside automotive customers

Green Car Congress

the world leader in aluminum rolling and recycling, plans to establish a global network of Customer Solution Centers (CSCs) to accelerate collaborative innovation between Novelis and automakers for the next generation of vehicle design. Novelis Inc., The first center is scheduled to open in Novi, Michigan with China and Europe to follow.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

So how did this largely rural Scandinavian country become the global leader in EV adoption? The accumulation of these EV tax breaks, plus the hefty 25% tax on fossil-fuel cars, means that EV models in Norway are often more affordable than fossil-fuel cars, even without the EV subsidies that are available in other countries.

Global 83
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Ford and Zotye forming JV in China for EVs; Ford’s third JV in the country

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a new 50:50 joint venture that will offer a range of stylish and affordable all-electric vehicles for consumers in China under a new indigenous brand. Zotye Auto is a pioneer in the Chinese all-electric vehicle segment. Ford Motor Company and Zotye have agreed to establish Zotye Ford Automobile Co., Earlier post.).

China 150
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HaloIPT partnering with Drayson Racing Technologies to bring dynamic wireless charging to electric vehicle motorsport

Green Car Congress

HaloIPT’s technology will be marketed by Drayson Racing to the motorsport industry as affordable, practical systems for race cars and race circuits. This is a milestone innovation that will have a dramatic effect not just on racing but on the mainstream auto industry.

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Chrysler Group in 5-year, $18.2M partnership with McMaster University to develop advanced electric and hybrid powertrains; funding from Canadian Government

Green Car Congress

For McMaster, the project partnership is one of three new partnerships with Chrysler, the federal government and other auto industry leaders worth a combined $24 million. Legislative pressure and socioeconomic forces are compelling the auto industry to deliver unparalleled technological advancement at an unprecedented rate.

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