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Auto sector sourced 50% parts locally, says minister – ET Auto

Baua Electric

The Indian automobile sector was able to source almost 50% of required auto parts from domestic markets under the INR 26,000 crore Production-Linked Incentive (PLI) scheme, said Union minister for heavy industries Mahendra Nath Pandey on Tuesday. We have a long way to go,” Qureshi said.

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Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

Green Car Congress

At the Geneva show, Winterkorn introduced the Future Tracks program by saying : Over the next few years, our industry will face one of the greatest upheavals since the invention of the automobile. One of the main challenges for our industry will be to adapt even faster to the changing needs of customers. Winterkorn.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

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.

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Europe’s biggest EV market is about to hit a perfect storm of problems

Baua Electric

Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year. But that’s part of a downward trend that has been happening since the pandemic, according to VDA.

Market 52
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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. China Pinti Auto Parts sells well all over the world.

China 52
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Bosch Powers the Automotive Sector Toward an Electrified Future

Cars That Think

Looking ahead, Stuttgart will likely continue to be the heart of the German auto industry, but how long will the IC engine remain the heart of the automobile? The German automotive sector, along with its global counterparts, is doing so by developing elektrische autos. “It The Emerging Era of the Electric Automobile.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. In addition, the elimination of the powertrain required in ICE vehicles means all those related auto part manufacturing jobs in the auto supplier community will disappear. One million.”.

Market 97