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ACMA Automechanika 2024 concludes on a high note; global aftermarket presents USD 35 bn exports opportunity: ACMA-EY Study – ET Auto

Baua Electric

The Global Automotive Aftermarket Research, prepared by ACMA in collaboration with Ernst & Young was released during the event. It was a conglomeration of the entire mobility ecosystem under one roof, displaying the tech capabilities and innovations of Indian automotive industry.

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Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech

Green Car Congress

Established automotive industry companies—not Silicon Valley—are leading the development of autonomous driving technology, according to a new report from the Intellectual Property and Science business of Thomson Reuters. However, the truth is that the techies are far from leading the self-driving pack.

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Rheinmetall wins another new order for engine blocks; “last man standing” strategy in ICE sector pays off

Green Car Congress

Placed by an alliance of two globally active, well-known automakers, the order encompasses several hundred thousand engines blocks worth a figure in the mid-double-digit million-euro range. KS HUAYU AluTech GmbH will carry out the project in Neckarsulm, Germany. HASCO), a subsidiary of China’s SAIC Group. KPSNC) in China.

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Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

During the pandemic, Volkswagen fell behind in the Chinese auto market as companies like BYD, Nio, and Tesla took over, with the competition nearly doubling the market’s EV and hybrid offerings (via Bloomberg ). Today, the automaker still hasn’t rebounded to pre-pandemic production levels across vehicle segments in Germany.

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AlixPartners finds limited consumer willingness to pay for autonomous vehicles but enthusiasm for robo-taxis

Green Car Congress

While AVs represent a whole new platform for mobility, companies venturing into this space—new-entrants as well as the traditional auto industry—should be taking a clear-eyed look at their pathway to a viable business model, including perhaps partnering with others to reduce risk on their autonomous-vehicle programs. male and 49.5%

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Protean Electric forms partnerships for global production of in-wheel drive motors

Green Car Congress

In-wheel electric drive startup Protean Electric ( earlier post ) has formed relationships with several leading companies in the global auto industry to accelerate its in-wheel electric drive systems to market in high-volume production. The suppliers and partners are: FEV, based in Aachen, Germany and Auburn Hills, Mich.,

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Scotia Economics report sees double-digit increase in global vehicle production in first half of 2011; China to surpass European vehicle output this year

Green Car Congress

Rising global vehicle sales and profitability have encouraged automakers to continue to increase vehicle production, providing the global economy with some positive offset to the dampening impact of the recent surge in energy prices, according to the latest Global Auto Report released on Friday by Canada-based Scotia Economics.

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