article thumbnail

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. Uno Minda stands out as an early mover in this critical shift.

India 52
article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

’s expertise on the auto industry in general, we are concerned that in its understanding of future pathways, it offers a flawed analysis and predictions based on business-as-usual,&# notes a posting on the California Car Initiative’s Web site. and Chrysler. Whatever B.C.G.’s — Scott 18. .

Volt 42
article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

The electrification of the automobile is inevitable." This is different from anything Ive ever seen in my 40 years in the automobile industry." ( Detroit Free Press ). Because nobody has fully figured out the optimum use of lithium-ion batteries in automobiles. I got beaten down a number of times." This is unusual.

Plug-in 45
article thumbnail

GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

If you build a car as a "kit car" with no real factory, then yes, it will never be an economic success. The federal government cant hand out money to a company thats telling them that itll lose money on a $40, 000 automobile that more than half the populace couldnt afford if the economy was in good shape! it is over, the media!,

Volt 41