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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.

Global 397
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Honda to step up its game with new electric motorcycles and EVs

Teslarati

Honda appears ready to go full electric and dive into the increasing competition in the EV industry. At the same time, Honda plans to increase its annual sales of electric motorcycles to 3.5 Battery electric vehicles (BEVs) are particularly making strides in the global automobile business. million units by 2025.

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Toyota once again ranked as worst automaker on climate lobbying globally

Baua Electric

InfluenceMap routinely ranks automakers and auto industry associations based on how much they lobby to stop climate policy goals. Some of this lobbying comes from automakers themselves, and some of it comes from their membership in trade associations, which aggregate the positions of several companies to increase lobbying power.

Climate 52
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KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

Fuel efficiency, safety innovation, and vehicle styling will be the three most important product issues influencing automotive consumer purchase decisions over the next five years, indicating a perceived shift in buying priorities, according to the 12 th annual global automotive survey conducted by KPMG LLP. Investments.

Global 218
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CAR report quantifies automotive’s position as a leading high-tech industry

Green Car Congress

Percentage of Global R&D Spending by Industry, 2013. Source: Booz & Company “Global Innovation”; Battelle R&D Magazine; Center for Automotive Research 2012. Additionally, the auto industry provides 16% of total worldwide R&D funding for all industries. Click to enlarge. —Center for Automotive Research.

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New milestone in 2023: What drove India to record over 41 lakh car sales

Baua Electric

REUTERS) The just concluded year 2023 was a cheerful one for the Indian auto industry, as the car manufacturers in the country breached the four million mark for the first time. This created quite a ruckus in the global auto industry. per cent growth over 39 lakh units registered in 2022.

India 52
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At CES, legacy automakers scramble to keep up in AI arms race – ET Auto

Baua Electric

Not so long ago, automakers boasted about horsepower and towing capabilities in their cars and pickups, but in the fast-changing world of technology that now dominates the auto industry, software-driven enhancements are prominent in consumers’ minds. “We don’t have any know-how, even in Honda.”

Auto 52