Baua Electric
MARCH 24, 2024
It’s no secret that the Indian economy witnessed a great year, closing 2023 with a GDP of USD 3.73 And the automobile industry in India is a significant contributor to the country’s economy. trillion, GDP per capita at USD 2,610 and a projected GDP growth rate of 6.3 percent against the global average of 2.9
Baua Electric
JANUARY 15, 2024
Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28.
Green Car Congress
OCTOBER 29, 2010
The 12 th Five-year Plan for China’s auto industry reportedly will make developing new-energy vehicles the top priority. China is targeting annual new-energy automobile sales of 1 million units by 2015, according to the China Association for Automobile Manufacturers. People’s Daily.
Green Car Congress
JULY 9, 2012
However, generally speaking, the government continued, China has not achieved a breakthrough with new energy automobiles and core components of the key technologies. 2012 Chinese Auto Industry Development Report. Experts urged greater efforts on China’s part to boost development of the new energy vehicle industry.
Green Car Congress
JUNE 23, 2009
According to the study, higher fuel economy standards would benefit the Detroit 3 automakers the most. Further, the report finds that the existing culture within the domestic auto companies systematically underestimates the value of fuel economy, which has crippled profitability. Source: McManus and Kleinbaum. Click to enlarge.
Electric Vehicles India
JUNE 11, 2021
The Society of Indian Automobile Manufacturers (SIAM) is an apex national body representing all major vehicle & vehicular engine manufacturers in India. It has announced the sales of the automobile industry for May 2021. The auto industry is witnessing a de-growth when compared to the sales of vehicles from 2021 to 2019. .
Cars That Think
JANUARY 17, 2023
President Biden says his EV policies will result in “one million new jobs in the American automobile industry. auto industry jobs could rise by 150,000 by 2030 if battery electric vehicles sales reach 50 percent by 2030 and the vehicle market share of U.S.-assembled million jobs” in the Japanese auto industry.
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