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

Baua Electric

Gone are the days when the auto industry used to be hardware oriented.” Talking about the staggering demand of electric vehicles ( EVs ) globally, Henrik Fisker, Founder and CEO, Fisker Inc in his Keynote Address reassured that as the vehicles are going electric, there is not going to be a going back from here on.

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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. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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Power Global launches eZee swappable battery EVs in India 

Electric Vehicles India

Power Global launches eZee swappable battery EVs in India . A Noida based Power Global is a leading high-performance clean energy and mobility product for everyday applications has launched its first eZee swappable battery in India. Power Global swappable battery. Power Global swappable battery.

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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.

India 52
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Honda breaks ground on its $4.4 billion Gigafactory in the US

Teslarati

“We are excited to embark on this partnership with Honda, a leader in the global auto industry with a reputation for quality and reliability,” said Robert H. ” With a manufacturing capacity of 40GWh annually, Honda’s plant is undoubtedly one of the largest in the U.S.,

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

Cars That Think

One looming artifact of the pandemic that remains in 2023—the global chip shortage —has gratefully begun to recede. As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry.

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VinFast announces new EV facility in India

Teslarati

. “We believe that investing in Tamil Nadu will not only bring considerable economic benefits to both parties but will also help accelerate the green energy transition in India and the region,” said Tran Mai Hoa, VinFast Global’s Deputy CEO of Sales and Marketing. In August 2023, VinFast Auto Ltd.

India 116