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ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

Green Car Congress

Automation expert ABB and China’s leading automotive parts supplier, HASCO, are forming a joint venture to drive the next generation of smart manufacturing in China’s automotive industry. Both parties agreed not to disclose any further details about the investment. —Sami Atiya, President of ABB Robotics & Discrete Automation.

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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. Domestic automobile sales saw a significant year-on-year growth of 20 percent, marking the first full year unaffected by the pandemic. percent to clock a turnover Rs 5.60

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NIO keeps goal of doubling sales this year despite price war causing greater challenges

CN EV Post

NIO maintains its previously mentioned goal of doubling sales, despite greater challenges to meet the goal, said William Li. NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. Photo taken by CnEVPost.)

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EU auto sales expected to slow in 2024 as EV share increases: ACEA

Teslarati

Automotive sales in European Union (EU) countries are expected to slow next year, though some are reporting that the slowdown will cause a sharp increase in electric vehicle (EV) market share. In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year. percent this year.

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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

The AlixPartners 2011 Automotive Outlook finds that while automakers and suppliers have seen profits bounce back—North American original equipment manufacturers (OEMs) posted $12.5 —things are far from back to “normal,” or at least the normal defined by the consumer-incentive-induced sales levels of the past.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

From charging stations and battery manufacturers to renewable energy providers, the shift towards electric autos in India has the potential to revolutionize the transportation sector and create a plethora of new job opportunities. Overall, the current market trends indicate a promising future for electric autos in India.

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UK auto industry warns anti-diesel agenda and slow uptake of EVs could mean missing 2021 CO2 targets; rising CO2 average in 2017

Green Car Congress

The warning came as a new report published by the Society of Motor Manufacturers and Traders (SMMT) confirmed that the fleet average CO 2 of newly registered cars rose for the first time in 2017, despite vehicles becoming ever more efficient. to 1, they will be an important part of the transition to the zero emission roads of the future.

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