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ETAutoTS: Software, sustainability, cybersecurity to define the future of auto industry – ET Auto

Baua Electric

Rajendra Petkar, President & CTO, Tata Motors Bengaluru: The future of the automotive industry will be defined by technology and software along with sustainability , industry’s top voices said at the Day 1 of the 5th edition of ETAuto Tech Summit concluded on Thursday. This is unlike other sectors.

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

Baua Electric

The aftermarket industry, valued at Rs 85,333 crore, also experienced a steady growth of 15 percent. Sales of components to OEMs in the domestic market rose a healthy 39.5 Localisation in a higher gear As per a SIAM, ACMA and EY localisation study, the total import for the automotive industry as a whole accounted for about Rs 1.13

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Tesla’s years of battery tech investments are becoming a buffer against nickel’s rising costs

Teslarati

The next-generation cells are a crucial component of Tesla’s long-term plan to make electric vehicles more affordable. Thus, when Russia was hit by sanctions due to its invasion of Ukraine, the markets reacted. Tesla is the market’s dominant electric vehicle maker, and for good reason. Quotes courtesy of Insider.

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Novelis plans Customer Solution Centers to innovate alongside automotive customers

Green Car Congress

Each center will include high-tech development machinery ranging from computer-aided design (CAD) software to virtual collaboration capabilities and visualization technologies. As the facilities come online, cross-regional teams will be in place to ramp up product development in critical stages for the auto industry.

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

Green Car Congress

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. Pending regulatory approval, the new JV will design, build, market and distribute all-electric passenger vehicles for China, the world’s leading electric vehicle market.

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Nissan and Honda confirm new EV partnership as they look to play catch up with Tesla, BYD

Baua Electric

Nissan and Honda form EV partnership to keep pace Yesterday, Electrek reported that Nissan and Honda were considering partnering up to introduce more affordable EVs. The Japanese automakers will explore new software platforms, EV components, and other related tech. Will working together help turn things around?

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Biden rumored to announce quadrupling of tariffs on Chinese EVs, up to 100%

Baua Electric

This large tariff has had the effect of excluding Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. However, given Chinese EVs are incredibly affordable , even a 25% tariff might still result in competitive prices. 84%, similar to the US market share of.66% at the time.

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