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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. In spite of inflationary pressure, sales were supported by early purchases and easing of semiconductor chip supply. lakh crore in year FY22.

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Ask automotive rejigs its senior management, appoints Vashisth Kumar Tripathi as VP- Engineering – ET Auto

Baua Electric

Chandra Shekhar, the veteran with 25 years of experience is appointed as the new Vice President- Purchase. His expertise is in Vendor Development, Purchasing, Supply Chain Management and SAP Implementation in various plants of the Company and has been associated with the company since March 15, 2021.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China has made progress with automotive energy-saving technologies over the past 10 years through implementing passenger car fuel consumption limits and the use of fiscal policy to encourage the purchase of small cars, the government statement noted. 2012 Chinese Auto Industry Development Report.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 House appreciation historically has been used to finance the purchase of a new vehicle about 20% of the time. million in 2012.

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The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

Get Electric Vehicle

When that occurs, the initial cost of purchasing an EV without a FAME subsidy will be less than that of an equivalent internal combustion engine vehicle. Kant stated that Indian companies, including those in the components sector, must strive to become global leaders in innovative technologies.

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Former VW boss Herbert Diess elected as chairman of chipmaker Infineon

Teslarati

The Munich-based chipmaker purchased U.S. Its primary clients come from the auto industry, which Diess is also intimately familiar with, making him a good candidate for chairman. Infineon] increasingly plays a role as facilitator of the solutions for major, global tasks,” said Diess.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Norway leads electric vehicle (EV) adoption, boasting the highest share of new EV purchases worldwide. So how did this largely rural Scandinavian country become the global leader in EV adoption? Finally, EV friendly tax schemes can be an effective alternative to direct monetary grants when it comes to boosting EV purchases.

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