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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

auto market anytime soon , some U.S. Credit: BYD At the same time, many automakers including Tesla are racing to build their next-generation, mass-market EVs, set to first be produced in Texas as soon as 2025 , then later at an upcoming factory in Mexico , and eventually at a yet-unannounced third location.

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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. Panasonic seeks to build deeper relationships and make new ones with tech giants and automakers at CES 2024 to reach its goal. It plans to delve into products that could prove lucrative.

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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

Build Your Dreams, or BYD, is likely one of the largest companies you’ve never heard of. Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Though it’s behind Tesla in global sales, BYD is king in China.

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Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

percent against the global average of 2.9 And the automobile industry in India is a significant contributor to the country’s economy. Building a more inclusive culture in the workplace may also be facilitated via the use of employee resource groups (ERGs), mentoring programmes, and diversity and inclusion training sessions.

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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. These components account for more than 75% of auto parts imported into the country.

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

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JSW Group wants to disrupt auto industry, to create ‘Maruti movement’ with new energy vehicles – Sajjan Jindal | Autocar Professional

Baua Electric

Like 40 years ago, 1984, when Maruti came into India, it changed the auto industry. In 2017, at the group level, JSW Group did build a team of experts but then somehow it didn’t happen. MG is a global brand with a history of 100 years. And then COVID hit and plans changed.