Remove Auto Industry Remove Cars Remove Industrial Remove SUV
article thumbnail

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

Baua Electric

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. 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. lakh crore (USD 69.7

article thumbnail

Toyota energy storage, Mercedes EQB details, Ford CEO on EV shakeout: Today’s Car News

Green Car Reports

Mercedes puts a price on its EQB electric SUV. And Ford’s CEO sees EVs as the spark for a big industry consolidation. This and more, here at Green Car Reports. Is the auto industry headed for a big shakeout, and a price war over EVs? In a financial.

article thumbnail

ISU study finds large potential for biobased materials in auto industry, but with challenges

Green Car Congress

A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. However, they noted, there are also many challenges associated with the use of biobased parts in the auto industry. Cost to manufacture is one of the main considerations.

article thumbnail

Rural demand & SUVs propel India’s record-breaking car sales in FY24

Baua Electric

Read more Rapid surges in SUV sales have propelled the growth in rural market sales for all the carmakers in India, while demand for small cars has slumped significantly. lakh passenger vehicles in the CY23, now the Indian auto industry has sold 40 lakh PVs for the first time in a financial year in FY2024, reported Mint.

SUV 52
article thumbnail

Hyundai IONIQ 5 named Best Electric 5 Passenger SUV for families: Report

Teslarati

The Hyundai IONIQ 5 was named the Best Electric 5 Passenger SUV for Families in the 2024 Best Family Cars Awards by Parents, an online magazine. Parents turned to auto industry experts with kids to nominate and vote on the top cars for families this year. The car-powered pop-up hotel was open for fourteen days.

Hyundai 90
article thumbnail

Tesla Model Y Now Cheaper Than Average U.S. Vehicle

CleanTechnica EVs

Throughout the year, Tesla has set the bar for vehicle pricing in the auto industry, as many automakers work to scale their first few electric vehicles.

Vehicles 145
article thumbnail

Can small car segment bounce back by 2026? Trends suggest otherwise

Baua Electric

By: HT Auto Desk | Updated on: 10 May 2024, 13:15 PM The small car segment, which includes the hatchbacks, once ruled the Indian auto industry with nearly half the market share. After the surge of SUVs, the share has dropped to below 30 per cent in the last couple of years.

Suzuki 52