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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. These components account for more than 75% of auto parts imported into the country.

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Tencent aims to use its cloud technology to help automakers build cars, restrains from jumping on car-making bandwagon

CN EV Post

Tencent will provide the auto industry with a low-threshold, customized platform and tools to make the cloud the new productivity of smart cars, one executive said. The post Tencent aims to use its cloud technology to help automakers build cars, restrains from jumping on car-making bandwagon appeared first on CnEVPost.

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GM’s Tesla NACS support spells trouble for Electrify America [Opinion]

Teslarati

A previous Teslarati article theorized that Ford’s adoption of Tesla’s NACS could change the electric vehicle (EV) charging landscape, specifically in the United States and the rest of North America. General Motors and Ford hold a significant market share of the United States auto industry.

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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. Despite the auto industry’s desperation, there’s no great rush to build new 200-mm fabs.

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VinFast announces new EV facility in India

Teslarati

Vietnamese electric vehicle (EV) automaker VinFast announced it would build an integrated EV facility in Tamil Nadu, India. In August 2023, VinFast Auto Ltd. This achievement was quite a surprise to those observing the global auto industry. The new EV facility in India will be located in Thoothukudi.

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Tesla receives mind-blowing interior ‘personalization system’ patent

Teslarati

According to Tesla’s patent application with the United States Patent Office, its new “personalization system” would be one of the most advanced in the auto industry. And if the system can improve comfort and safety as much as the patent advertises, it could be a game changer for the automotive industry as a whole.

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Aptera’s brand ambassador program is very on character

Teslarati

It is clear that Aptera is once again finding its own way through the auto industry, but it remains unclear if this marketing appeal has been successful or even if people, outside of Aptera fans, are building any kind of confidence in the brand. What do you think of the article?

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