Remove Affordable Remove Auto Industry Remove Future Remove Oil
article thumbnail

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

Baua Electric

The construction of numerous factories is an indication of the speed at which these trends will be adopted in the near future. Trends such as an increased adoption of Internet of Things (IoT), more safety features and online marketplaces are expected to shape the future of the Indian automotive industry.

article thumbnail

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

Baua Electric

The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos. Additionally, major automakers are investing heavily in R&D to develop affordable and high-performing electric vehicle models specifically designed for the Indian market.

India 98
article thumbnail

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

Wallbox

Norway has long been a major producer of oil and gas, and remains the biggest oil producer in Western Europe, as well as, the third-largest exporter of natural gas in the world. These recent EV sales combined with increasingly eco-conscious consumers, industry and government are clear signs of a positive future for EVs in Norway.

Global 83
article thumbnail

VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. And the auto industry doesn’t hold back on announcements.

2013 150
article thumbnail

139. THE SUN WILL RISE FROM THE WEST: Predictions for 2022

Qnovo

With electricity, there is no physical energy traversing oceans the way oil tankers did. The United States and Europe are both investing in building new battery factories for the future. Auto companies have committed to a vast expansion in their EV offerings by 2025.

article thumbnail

Electric Car Watch #12: The sad state of Electric Car conversions in India

Plug In India

Unless you happen to have a few crores lying around that you don't mind spending, you will have to wait for kit providers who are willing and can afford to spend big bucks on certification. Maybe the ICE car auto industry or BIG OIL is behind this, or maybe this is the typical disease that ails all bureaucracies: the fear of change.

article thumbnail

European Automotive Industry Outlines RD Priorities for EU Green Car Initiative

Green Car Congress

The Green Car Initiative concentrates on long-term R&D, largely combining existing projects under a clear policy focus and underlining the importance of a joint approach between industries and policy makers. and strategies for their use (no adverse effects for food and feed production and markets).