Auto Industry Automobile Industry Economy Industry 
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. Similarly, in the heavy-duty trucks category, VECV secured a 9.1
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
China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan. L/100km (40 mpg US) or less.
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 Indian market has now witnessed some decent growth in the EV industry in FY20-21. 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.
Cars That Think
JANUARY 17, 2023
One of the most vexing social challenges confronting the transition to EVs at scale is dealing with the effects that governmental EV transition policies will have on millions of jobs across a wide swath of industries. President Biden says his EV policies will result in “one million new jobs in the American automobile industry.
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