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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. We have a long way to go,” Qureshi said.

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China’s CALB wants lithium battery factory in Portugal – ET Auto

Baua Electric

It will “serve the strong customer demand, mainly in the automobile industry,” APA said on its website. Updated On Jan 23, 2024 at 11:07 AM IST --> Published On Jan 23, 2024 at 11:03 AM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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5 more semiconductor fabs in 5 years, says Vaishnaw – ET Auto

Baua Electric

We will create a very strong semiconductor industry in our country. Updated On Mar 15, 2024 at 04:35 PM IST --> Published On Mar 15, 2024 at 04:31 PM IST 1 min read --> Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.

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Subaru of America Reports Strong December Sales and Year-End Performance

The Truth About Cars

percent decrease from the previous year, the results are largely influenced by the semiconductor shortage and broader supply chain disruptions affecting the automobile industry. This article was co-written using AI and was then heavily edited and optimized by our editorial team. Although this represents a 4.7

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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

The 20th Shanghai International Automobile Industry Exhibition (Auto Shanghai 2023) will be held from April 18-27, with media days from April 18-19 and professional visitor days from April 20-21, while the general public can visit from April 22-27. . ($1 For more articles, please visit CnEVPost.

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EV push in Budget to give fillip to warehousing & logistics sectors – ET Auto

Baua Electric

The surge in EVs won’t just reshape the Indian automobile industry; it’s expected to create a domino effect, propelling demand for new storage, distribution, and logistics facilities.

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EU reaches compromise on 2035 new ICE vehicle ban

Teslarati

What do you think of the article? Many auto manufacturers have already backed the 2035 new ICE vehicle ban, including VW, Mercedes, Ford, and Volvo. However, some have raised more concerns than others. Still, these changes mark a significant step towards achieving compromise, and ultimately, carbon neutrality.