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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. 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. lakh crore (USD 69.7

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ISU study finds large potential for biobased materials in auto industry, but with challenges

Green Car Congress

A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. However, they noted, there are also many challenges associated with the use of biobased parts in the auto industry. Cost to manufacture is one of the main considerations.

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Hyundai IONIQ 5 named Best Electric 5 Passenger SUV for families: Report

Teslarati

The Hyundai IONIQ 5 was named the Best Electric 5 Passenger SUV for Families in the 2024 Best Family Cars Awards by Parents, an online magazine. Parents turned to auto industry experts with kids to nominate and vote on the top cars for families this year. The car-powered pop-up hotel was open for fourteen days.

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Mercedes-Benz unveils EQB: a beautiful new compact electric SUV

Electrek

Mercedes-Benz has today unveiled the EQB: a beautiful new compact electric SUV, and another addition to the fast-electrifying segment of the auto industry. more… The post Mercedes-Benz unveils EQB: a beautiful new compact electric SUV appeared first on Electrek.

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Toyota ramping up bZ4X SUV production to compete in swelling EV market, but not anytime soon

Electrek

Is the world’s largest automaker finally responding to the rapidly changing auto industry? Toyota is now considering ramping up production of its first 100% electric mass-market vehicle, the bZ4X SUV, but not until 2025, according to sources familiar with the plans.

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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 million units in 2011 and only 13.6 million in 2012. million units in lost vehicle sales this year. Preventing that erosion will be key.

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Tesla Model Y Now Cheaper Than Average U.S. Vehicle

CleanTechnica EVs

Throughout the year, Tesla has set the bar for vehicle pricing in the auto industry, as many automakers work to scale their first few electric vehicles.

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