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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. The post Fast evolving auto industry needs befitting HR solutions | Autocar Professional appeared first on Bauaelectric Auto News. G S Ramesh is the Chaiman of Layam Group.

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.

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AIDA servicing evolving needs of the auto industry | Autocar Professional

Baua Electric

Since 1917, AIDA has led the metal-forming industry as the well-known manufacturer of metal-forming systems, particularly servo and mechanical presses for various applications in the global automotive and component industries, including OEMs and Tier 1 to Tier 3 suppliers.

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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. Value-addition from the Indian auto components industry has gone up significantly in the last couple of years and, with the Industry expected to invest another USD 6.5-7

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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. Dependence on imports remains high despite concerted efforts to advance localisation through projects, technology partnerships, and local development and design.

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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. And this opportunity of MG, came along,” Jindal elaborated on his journey of moving into the automotive industry. MG is a global brand with a history of 100 years. “This was an opportunity which we felt was quite amazing.

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Power Global launches eZee swappable battery EVs in India 

Electric Vehicles India

Power Global launches eZee swappable battery EVs in India . A Noida based Power Global is a leading high-performance clean energy and mobility product for everyday applications has launched its first eZee swappable battery in India. The swappable battery is designed for light vehicles including two and three-wheeler vehicles.

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