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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

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“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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CAR report quantifies automotive’s position as a leading high-tech industry

Green Car Congress

Percentage of Global R&D Spending by Industry, 2013. A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Click to enlarge. —Center for Automotive Research. Click to enlarge.

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The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

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The country’s focus must be on shared, connected, and electrified transportation, Kant stated at the annual meeting of the Automotive Component Manufacturers Association of India (ACMA). Till March 2016 Amitabh Kant was posted as Secretary, Department of Industrial Policy and Promotion (DIPP) – Government of India.

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European automakers define recommendations to standardize charging of plug-in vehicles; 2017 for harmonized application

Green Car Congress

The European automobile manufacturers, though ACEA, the automobile manufacturers’ trade association, have defined a comprehensive set of recommendations to standardize the charging of electrically-chargeable vehicles. cost reductions for the industry. This provides the. —Ivan Hodac, Secretary General of ACEA.

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