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Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech

Green Car Congress

Established automotive industry companies—not Silicon Valley—are leading the development of autonomous driving technology, according to a new report from the Intellectual Property and Science business of Thomson Reuters. headlines over the past year have touted tech companies innovating in the automotive space.

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The Future of Tech in Mobility

Clean Fleet Report

The Future of Tech in Mobility. Where Will Flying Cars and Driverless Tech Take Transportation. The introduction of gas-powered engines and automobiles changed the world. Half a century later World War II saw many things, including even more advances in automobiles and transportation. It was a revolutionary technology.

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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. Source: Booz & Company “Global Innovation”; Battelle R&D Magazine; Center for Automotive Research 2012. The report authors acknowledge the difficulty of defining “high-tech” in an ever-changing economic environment. Click to enlarge. —Center for Automotive Research.

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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. Domestic automobile sales saw a significant year-on-year growth of 20 percent, marking the first full year unaffected by the pandemic.

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Disruptive tech, sustainability agenda driving India’s auto INC | Autocar Professional

Baua Electric

India is the world’s third-largest automobile market. Regardless of the current softer global economic climate and its inevitable impact at home, the country’s automotive industry is set for robust and resilient growth enabled by disruptive technologies and a sustainability mindset. Views expressed are of the author.

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Ford and Zotye forming JV in China for EVs; Ford’s third JV in the country

Green Car Congress

Ford Motor Company and Zotye have agreed to establish Zotye Ford Automobile Co., The two companies had signed a memorandum of understanding back in August to explore the possibility of such a venture. and board director of Zotye Auto. Zotye Auto is a pioneer in the Chinese all-electric vehicle segment.

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CEO’s Take on 2024: Cost efficiency and tech skills make India a global force in auto parts sector, says Nirmal K. Minda, CMD, Uno Minda – ET Auto

Baua Electric

However, this disparity is anticipated to narrow gradually, fueled by rising disposable income and ushering in a lucrative market for the auto industry. Beyond income growth, several factors are converging to propel the industry forward. Minda, CMD, Uno Minda – ET Auto appeared first on Bauaelectric Auto News.

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