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CEO’s Take On 2024: Tech-driven auto industry targets to be smarter, greener, says Prashanth Doreswamy – ET Auto

Baua Electric

After two consecutive years of swift growth in the auto industry’s performance, what is your outlook for 2024? 2024 is likely to see the industry stabilize and return to normal. What are the key micro and macro indicators that will play an important role in shaping up the auto industry in 2024?

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A123 Systems to license Li-ion battery system technology to IHI Corporation; IHI makes $25M equity investment in A123

Green Car Congress

A123 Systems has expanded its business development partnership with IHI Corporation, one of the largest industrial equipment manufacturers in Japan. Since first partnering with A123 in 2009, we have seen increasing interest in A123’s advanced lithium ion battery technology for transportation and other applications.

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South 8 Technologies raises $12M in Series A to commercialize liquefied gas electrolytes for high-performance Lithium-ion batteries

Green Car Congress

South 8 Technologies, a developer of electrolyte formulations for next-generation lithium batteries, has raised $12 million in Series A financing, led by Anzu Partners with participation from LG Technology Ventures, Shell Ventures, Foothill Ventures, and Taiyo Nippon Sanso Corporation (TNSC).

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EPA: GHG emissions standards for cars and light trucks should be revised; joint process with NHTSA (updated with more reactions)

Green Car Congress

Administrator Pruitt also announced the start of a joint process with the National Highway Traffic Safety Administration (NHTSA) to develop a notice and comment rulemaking to set revised GHG emissions standards and Corporate Average Fuel Economy (CAFE) standards. The Obama Administration’s determination was wrong. This decision takes the U.S.

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Auto industry split over halting, changing fuel-economy rules

Green Car Reports

Just days after the presidential election, automaker lobbyists urged Donald Trump to loosen pending emissions and fuel-economy standards. Shortly after the election, a lobbying group wrote Trump asking him to change or delay an EPA decision that kept planned emissions standards for 2022 to 2025 in place.

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Vinfast VF 8 dominates ASEAN NCAP Grand Prix Awards | Autocar Professional

Baua Electric

This achievement underscores VinFast’s aspiration to position itself as a safety leader in the Southeast Asian auto industry. We remain committed to constant product improvement, ensuring our customers have the safest and most exceptional experiences on their journey towards electrified transportation.”

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PM e-Bus Sewa Scheme sees active participation from original equipment makers | Autocar Professional

Baua Electric

Major firms that have participated in the tender include Tata Motors, Switch Mobility, PMI Electromobility and JBM Auto, industry sources told Autocar Professional. The PSM mechanism has given the OEMs the assurance that if any state transport corporation fails to pay the OEM, the PSM will intervene and support the default.

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