Electrek

DECEMBER 28, 2022

Tesla’s loss in market capitalization equals almost the entire legacy auto industry combined – one of the most significant losses in value of all time. The post Tesla’s market cap drop is worth almost the entire legacy auto industry appeared first on Electrek.

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CleanTechnica EVs

FEBRUARY 26, 2023

The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. Compared to 2020, there were “only” down by 725,726 units (5%).

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CleanTechnica EVs

FEBRUARY 26, 2023

The US auto industry is truly on the rebound. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. But was it just a lucky little blip?

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Teslarati

NOVEMBER 23, 2023

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. The post Stellantis strengthens ties with China’s auto industry appeared first on TESLARATI.

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Baua Electric

MARCH 24, 2024

Volkswagen Australia has broken with this trend—the business unit has distanced itself from the policies of Australia’s auto industry trade group, the Federal Chamber of Automotive Industries , which is waging a campaign against new emissions standards. The FCAI naturally wants the government to water down its policy.

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Electrek

JUNE 15, 2022

Tesla has topped the list of most satisfied customers in the entire auto industry, with Model 3 taking the top spot for for all cars globally. The post Tesla tops the list of most satisfied customers in the entire auto industry appeared first on Electrek.

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Electrek

SEPTEMBER 23, 2021

Tesla is fighting the rest of the auto industry in the US over respecting the Corporate Average Fuel Economy (CAFE) requirements set back in 2016. more… The post Tesla is fighting the auto industry over fuel economy standards appeared first on Electrek.

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CleanTechnica EVs

FEBRUARY 5, 2024

continued] The post EV Leaders in US Auto Industry, Tesla Growth, Hydrogen & CCS Folly, Cars of the Year — Top Cleantech Stories Not To Miss appeared first on CleanTechnica. There are hundreds of good cleantech stories every day. It’s too much for anyone to cover and even too much.

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Electrek

JANUARY 4, 2023

StoreDot , makers of ultra-fast, Tesla-like 4680 cells, today announced that it’s appointed global auto industry leader Carl-Peter Forster as chairman. The post Ultra-fast battery maker StoreDot hires auto industry head as chair appeared first on Electrek.

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CleanTechnica EVs

MARCH 19, 2022

Is it just me, or has all the fun been sucked out of the auto industry? In previous decades, the unique design of a car was something to be celebrated. Cars were an extension of one’s personality and were intended to make a statement. A bit before my time, not just fish could have fins […].

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Electric Cars Report

MARCH 13, 2023

The call comes as other countries significantly power up political and economic backing for their own automotive sectors, […] The post Turbocharge UK competitiveness to win Race to Zero prize, auto industry urges appeared first on Electric Cars Report.

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Electrek

DECEMBER 2, 2022

Ford released its US auto sales for November today, and although electric vehicle sales were up over 100% YOY for the fifth straight month, gas-powered car sales continued to slide. The sales report highlights the direction in which the US auto industry is headed – forward.

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The Driven EV News

FEBRUARY 7, 2023

A report shows that unless carmakers make significant changes in three key areas, the global automotive industry will crash through its carbon budget by 75% The post “Not a single year to lose:” Auto industry is pushing world well beyond 1.5°C C appeared first on The Driven.

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CN EV Post

MARCH 22, 2023

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market. For more articles, please visit CnEVPost.

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Green Car Congress

DECEMBER 17, 2018

Cyber hacks might cost the auto industry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection.

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CN EV Post

JANUARY 3, 2023

"I am very confident that in the near future, China supply chain and the auto industry will return to normal," Li said. The post NIO's William Li expects China's auto industry chain to stabilize by March or April appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Electrek

JANUARY 23, 2024

Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years.

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Electrek

JULY 18, 2023

more… The post Jaguar, Range Rover owner picks new EV battery site, could secure UK auto industry appeared first on Electrek. Tata Group, the parent company behind Jaguar and Range Rover , is set to announce a new EV battery plant in West England.

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Baua Electric

FEBRUARY 29, 2024

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. These components account for more than 75% of auto parts imported into the country. To be sure, China dominates auto parts supplies to India.

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Baua Electric

MARCH 24, 2024

The post Fast evolving auto industry needs befitting HR solutions | Autocar Professional appeared first on Bauaelectric Auto News. They should also address skill shortages, diversity, technology disruptions, and regulatory compliance. G S Ramesh is the Chaiman of Layam Group. Views expressed are of the author.

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CleanTechnica EVs

MARCH 7, 2022

But why did the auto industry wait so long? Electrification of cars and trucks is all the rage.

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Green Car Congress

JANUARY 5, 2022

Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. 04/01/2022 Images are for editorial use only.

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The Truth About Cars

AUGUST 14, 2023

Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 million units manufactured in 2022.

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CleanTechnica EVs

OCTOBER 18, 2021

Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US auto sales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US auto sales were down 22%.

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Electrek

NOVEMBER 18, 2021

US President Joe Biden was at the inauguration of GM’s Factory Zero yesterday, the company’s first electric vehicle factory, and he gave a speech in which he gave credit to GM CEO Mary Barra for “electrifying the entire auto industry.” ” Fact check: Biden is dead wrong about that.

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Baua Electric

MARCH 25, 2024

The post AIDA servicing evolving needs of the auto industry | Autocar Professional appeared first on Bauaelectric Auto News. This way, both aluminium and steel materials can be transported from one end to another in the press line efficiently.

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Baua Electric

JANUARY 15, 2024

Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28.

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Teslarati

SEPTEMBER 19, 2022

Although Tesla spends $0, the decline in ad spending could be an indicator of troubles for an industry trying to compete with Tesla’s EV lead. Reuters reported that the auto industry’s ad spending fell to $4.8 billion between January and July 2022 or 4% year-on-year. Compared with the same period in 2019 ($5.50

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Baua Electric

JANUARY 23, 2024

ZF Friedrichshafen, which makes transmissions, shock absorption systems, and chassis components for more than 55 auto brands and is Germany’s second-largest supplier after Bosch, said it could axe as many as 12,000 people in a “worst-case scenario” by 2030, reports The Financial Times. FTC: We use income earning auto affiliate links.

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Teslarati

MAY 30, 2022

It’s easy to fall into the Tesla vs. legacy auto narrative. Since the days of the original Roadster, it appeared that Tesla was this company that was determined to make a change by forcing the automotive industry to go electric. But while this was true to a point, Tesla’s battle is much bigger than that.

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CleanTechnica EVs

DECEMBER 1, 2021

By Johnna Crider and Zachary Shahan In an interview at the Reuters Next conference, Stellantis CEO Carlos Tavares said that the costs of speeding up the transition to EVs are “beyond the limits” of what the auto industry can sustain.

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My Electric Car

JANUARY 12, 2023

The Japanese auto industry is facing a potential demise due to its slow adoption of electric cars. However, the Japanese auto industry has been slow to adopt this technology, and has not been able to keep up with the competition from other countries. Add to that the huge debt burden already carried by the likes of Toyota.

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The Truth About Cars

SEPTEMBER 15, 2023

UAW President Shawn Fain said the Union would expand the strike in intervals to put more pressure on the auto giants, with plants in Michigan, Ohio, and Missouri being the first to stop work. This is the first time in the UAW’s 88 years that it has taken on all three automakers at once, but Union officials have a unique plan to drive action.

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CleanTechnica EVs

DECEMBER 17, 2023

The US auto industry is bouncing back compared to the past couple of years, but it’s still significantly below its. continued] The post US Auto Sales Down 8% in Q3 2023 vs. Q3 2019 appeared first on CleanTechnica.

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CleanTechnica EVs

APRIL 23, 2023

It’s time for another quarterly report on US auto sales. Like a few other major news outlets, I track total quarterly sales of the US auto industry, but I also conduct a thorough analysis of the trends of each automaker.

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Baua Electric

JANUARY 13, 2024

Likewise, the auto components industry also touched a new high. According to data shared by Automotive Component Manufacturers Association (ACMA), in FY23, the industry grew 32.8 However, passenger vehicle exports bucked the trend and registered growth, largely due to higher demand for sports utility vehicles.

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CN EV Post

JANUARY 22, 2024

A +1 billion market.only one winner? I think Chinese should be a bit more clever.and stop this fight between themselves and leverage their position to win overseas markets.

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