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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. Exports of auto parts from the country, in fact, increased by nearly one-third to INR 1.42

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Ford and Zotye forming JV in China for EVs; Ford’s third JV in the country

Green Car Congress

Ford Motor Company and Zotye have agreed to establish Zotye Ford Automobile Co., The agreement was signed in Beijing today by Peter Fleet, Ford group vice president and president, Ford Asia Pacific, and Ying Jianren, chairman of Tech-New Group Ltd. and board director of Zotye Auto. Earlier post.). Earlier post.).

China 150
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Ford reorganizes Asia Pacific markets; establishes stand-alone China business

Green Car Congress

Ford Motor Company is reorganizing its Asia Pacific operations. Peter Fleet, president Ford Asia Pacific, will facilitate the transition of Chen into his new position as leader of the Ford operations in China. Prior to this position, Chen served as CEO, Chery Automobile, Ltd.

Asia 207
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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

The electrification of the automobile is inevitable." This is different from anything Ive ever seen in my 40 years in the automobile industry." ( Detroit Free Press ). Partnering with Alcoa, Duke Energy, Google.org, Johnson Controls Indiana startup plans to unveil vehicle May 2009 at EVS-24 in Norway; mass production in 2012.

Plug-in 45
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Tesla 2024 Annual Shareholder Meeting transcript: June 13, 2024

Teslarati

Tesla has failed to inform consumers about measured levels of magnetic fields and wireless radiation within the automobile or their other products. I mean, for reference, the auto industry is roughly 100 million vehicles per year. You know, maybe bundle it with premium connectivity and future software options?

Tesla 104
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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

The ongoing COVID-19 pandemic has slowed down the world as we know it and the automotive industry is no exception. As a result of the lockdown, automobile production ground to a halt in several leading car manufacturing countries. In Asia, a joint venture has even launched a new low-cost electric car brand in the midst of the pandemic.

Economy 52