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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. Plans to deepen localisation of automatic transmissions, power control units, high strength steel, and combined charging systems are also on cards mid-term.

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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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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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BYD NEV sales up 262.9% YOY in October

Green Car Congress

With 800V fast charging technology, an electric vehicle can be charged for just 5 minutes to give it a range of 90 miles, while power consumption per 100 kilometers is reduced by 10%, and the cruising range is 10% longer in winter. will continue to be open to the industry, further accelerating the electrification of automobiles.

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

Setec Powerr

Demand for charging piles soars. 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.

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EU auto sales expected to slow in 2024 as EV share increases: ACEA

Teslarati

Manufacturers group the Association des Constructeurs européens d’Automobiles (ACEA) announced its latest forecast in a press release on Wednesday, which predicts that EU new car sales will increase by just 2.5 Additionally, he added that charging station deployment needs to accelerate by a factor of roughly seven to ten.

Auto 101
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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. Under the American Recovery and Reinvestment Act, $2.4

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