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CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.

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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. Value-addition from the Indian auto components industry has gone up significantly in the last couple of years and, with the Industry expected to invest another USD 6.5-7

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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday. India has emerged as the automotive powerhouse and the world is looking at us.

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The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

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According to the Society of Indian Automobile Manufacturers, domestic two-wheeler sales in 2021-22 were 1,34,66,412 units, three-wheeler sales were 2,60,995 units, and overall vehicle sales across categories were 1,75,13,596 units (SIAM). He did agree, however, that the EV sector still confronts hurdles in terms of financing these vehicles.

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Changan's NEV brand Shenlan aims for 200,000 sales this year

CN EV Post

Image credit: CnEVPost) Shenlan, Changan Automobile's new energy vehicle (NEV) brand, aims to sell 200,000 vehicles this year, becoming the latest to reveal aggressive plans. I think the whole industry will be sustainable only if there is a value war," he said. For more articles, please visit CnEVPost.

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

The auto industry is a relatively small chip end-user, but it’s growing fast. billion, the auto industry makes up less than 9 percent of chip demand by revenue, according to market research firm IDC. This article appears in the August 2021 print issue as “How and When the Chip Shortage Will End.”

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What V2G Tells Us About EVs and the Grid

Cars That Think

That’s the promise of vehicle-to-grid (V2G) technology. There, sales of EVs as part of the overall automobile market rose from 10 percent in 2020 to 17 percent in 2021, with 2.3 Charette noted when I talked to him recently about a series of articles he’s working on that focuses on the risks inherent in mass vehicular electrification.

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