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CEO’s Take on 2024: Cost efficiency and tech skills make India a global force in auto parts sector, says Nirmal K. Minda, CMD, Uno Minda – ET Auto

Baua Electric

While India has a position as one of the world’s fastest-growing economies, its motor vehicle penetration per capita remains significantly lower compared to the global average. However, this disparity is anticipated to narrow gradually, fueled by rising disposable income and ushering in a lucrative market for the auto industry.

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California Air Resources Board Launches $20M in Funding Assistance for Heavy-Duty Hybrid Trucks and Buses

Green Car Congress

Hybrid vehicle technology can reduce truck and bus emissions by 20 to 50 percent, including gases that contribute to global warming. Hybrid vehicles also reduce smog-forming emissions while saving vehicle owners money in reduced fuel costs. Dealers, manufactures and fleet owners can learn more about the program at californiahvip.org.