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Stellantis strengthens ties with China’s auto industry

Teslarati

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. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei.

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CEO’s Take On 2024: Tech-driven auto industry targets to be smarter, greener, says Prashanth Doreswamy – ET Auto

Baua Electric

After two consecutive years of swift growth in the auto industry’s performance, what is your outlook for 2024? 2024 is likely to see the industry stabilize and return to normal. What are the key micro and macro indicators that will play an important role in shaping up the auto industry in 2024?

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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

However, the flurry of announcements from the OEMs could also be interpreted as a high-stakes game of one-upmanship or a corporate PR exercise to boost investor confidence. and is an innovation leader with the highest number of patents filed amongst other global automakers. The company leads in deals (M&A, partnerships, JV, etc.)

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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. FTC: We use income earning auto affiliate links. The post Toyota once again ranked as worst automaker on climate lobbying globally appeared first on Bauaelectric Auto News.

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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

In sync with its past annual auto studies, AlixPartners continues to predict that US auto sales will climb more slowly, and to a lower peak, than many others are predicting. Specifically, the firm estimates US auto sales will reach just 12.7 —Mark Wakefield, a director in AlixPartners’ Global Automotive Practice.

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ACMA awards 59 companies for excellence in production, innovation, localisation, exports – ET Auto

Baua Electric

New Delhi: The Automotive Component Manufacturers Association of India ( ACMA ) at the 58th edition of the ACMA Excellence Awards and the 9th Technology Summit on March 05, 2024, recognized the exceptional contributions and achievements of 59 auto component manufacturers, and gave away 112 awards under various categories.

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Factorial Energy emerges from stealth with 40 Ah solid-state battery cell for EVs

Green Car Congress

Factorial also announced the appointment of senior industry leaders with deep technical and automotive experience to its leadership team. Several major global automotive partners are currently validating Factorial’s technology with the intent of integrating FEST into their existing supply chains.

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