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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. 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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European auto industry proposes further 20% cut in passenger car CO2 by 2030 from 2021; conditional on EV uptake and infrastructure; no ZEV mandate

Green Car Congress

At the Frankfurt Motor Show, the European Automobile Manufacturers’ Association (ACEA) outlined the industry’s proposal for a pathway to future CO 2 reductions: a 20% CO 2 reduction for passenger cars by 2030, compared to 2021. The European Commission will reveal its proposal on CO 2 targets for cars post-2021 later this year.

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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. The auto industry is eager to move as fast as it can towards zero-emission vehicles.

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Volvo follows in Stellantis’ footsteps and departs from ACEA

Teslarati

As the auto industry splinters over the switch to electric vehicles, Volvo Cars AB is the second major manufacturer to leave Europe’s auto lobby. “We have one of the most ambitious plans in the industry, but we can’t realize zero-emission transport by ourselves.”

Volvo 98
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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.

Standards 199
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GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

Green Car Congress

The company designs, engineers, manufactures and sells electric power steering, hydraulic power steering, steering columns and driveline halfshafts for more than 60 automobile manufacturers and tier one suppliers. Headquartered in Saginaw, Mich., Nexteer Automotive employs approximately 6,200 people.

GM 186
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China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

Judging from the customs data for the first eight months of this year, the contribution rate of my country’s new energy vehicle exports to the growth of automobile exports reached 26.7%, becoming a new bright spot in the foreign trade of the automobile industry. Demand for charging piles soars. of the total export volume.

China 52