Green Car Congress

JUNE 29, 2021

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

Global Production 2020 South Korea 397

Baua Electric

JANUARY 13, 2024

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. In spite of inflationary pressure, sales were supported by early purchases and easing of semiconductor chip supply. percent to clock a turnover Rs 5.60

Auto Industry 52

Auto Industry Industrial Industry Auto 52

Teslarati

MARCH 22, 2024

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” Meo stated that the center of the global automotive market has gravitated toward Asia. China is making rapid inroads into the all-electric vehicle segment.

China 90

China Auto United States Auto Industry 90

Baua Electric

MARCH 13, 2024

Minda, CMD, Uno Minda Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry ‘s performance, what is your outlook for 2024? The past two years have seen a remarkable transformation in the Indian auto and auto component industry.

India 52

India Auto Global Parts 52

Baua Electric

MAY 30, 2024

China is seeking to cement its lead in the global EV market after early and heavy investment in domestic supply chains helped it become the most cost-competitive battery and EV producer in the world. Many auto industry officials and analysts expect solid-state batteries will determine the competitiveness of the next-generation EVs.

China 52

China Auto Batteries Battery 52

Baua Electric

APRIL 22, 2024

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

Global 52

Global Sale Solar Cars 52

Teslarati

JULY 22, 2021

The CHIPS Act would establish investments and incentives to support semiconductor manufacturing, research & development, and supply chain security in the United States. Companies around the globe have been affected by the global chip shortage, including US automakers like Ford, General Motors, and Tesla. .

Supplies 143

Supplies Tesla General Motors Malaysia 143

Baua Electric

FEBRUARY 7, 2024

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

India 98

India Auto Future Electric 98

CleanTechnica EVs

DECEMBER 18, 2021

This year was filled with challenges for the vast majority of the auto industry. The pandemic continues, supply chain woes haven’t slowed down, and chip shortages are plaguing most automakers globally. Meanwhile, Tesla has battled on — as it always does. Looking ahead, 2022 could continue to present challenges.

Tesla 145

Tesla Auto Industry Supplies Auto 145

Green Car Congress

JULY 31, 2011

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.

Auto Industry 199

Auto Industry Industrial Industry Auto 199

Green Car Congress

NOVEMBER 8, 2012

It is the first deliverable of the New European Industrial Policy outlined in an earlier communication. This Action Plan is based on four pillars: investing in advanced technologies and financing innovation; improving market conditions; enhancing global competitiveness; and investing in human capital and skills and softening the.

Auto Industry 231

Auto Industry 2020 Industrial Industry 231

Green Car Congress

MARCH 3, 2022

of all Volvo cars sold globally during the month. Volvo Cars said that as the supply chain constraints continue to slowly ease, production is improving month over month. Supply shortages will remain a constraining factor for Volvo Cars and the auto industry. compared with the same month last year. of total sales.

Volvo 275

Volvo Sale Cars Recharge 275

Baua Electric

MARCH 23, 2024

The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.

Chinese 52

Chinese Auto Auto Industry China 52

Charged EVs

JANUARY 18, 2023

OPTEL has partnered with test, inspection and certification specialist Bureau Veritas to create a comprehensive traceability service called V-Trace, which companies and government regulators can use to follow products through their supply chains, from extraction of the raw materials to final assembly.

Supplies 107

Supplies Parts Batteries Battery 107

Baua Electric

APRIL 9, 2024

Naoya Nishimura as CEO for India, Africa region New Delhi: Musashi Auto Parts India Pvt Ltd (Musashi), a 100% owned subsidiary of Musashi Seimitsu Industries, Japan, and a manufacturer of two-wheeler and four-wheeler transmission components in India, has appointed Naoya Nishimura as its Chief Executive Officer (CEO).

Africa 40

Africa India Auto Cleaner 40

Baua Electric

MARCH 29, 2024

His expertise is in Vendor Development, Purchasing, Supply Chain Management and SAP Implementation in various plants of the Company and has been associated with the company since March 15, 2021. Vashisth Kumar Tripathi has been transferred to Vice President- Engineering, and has been associated with the company since August 1, 2022.

Auto 40

Auto ECC Engine Suzuki 40

Baua Electric

MARCH 2, 2024

Regardless of the current softer global economic climate and its inevitable impact at home, the country’s automotive industry is set for robust and resilient growth enabled by disruptive technologies and a sustainability mindset. India is the world’s third-largest automobile market. Views expressed are of the author.

Auto 40

Auto India Scrappage Vietnam 40

Teslarati

APRIL 4, 2022

More broadly, we’ve seen Tesla execute incredibly well in a challenging supply chain environment as well,” he added. Rosner also pointed out that Tesla’s year-over-year growth was notable, given that the global auto industry is down on a year-over-year basis.

Supplies 111

Supplies Tesla Austin Texas 111

Electrek

NOVEMBER 3, 2022

Despite lingering supply chain bottlenecks disrupting the global auto industry, the BMW Group achieved record revenue in Q3 as sales and demand for its electric vehicles continue propelling the German luxury automaker forward.

BMW 85

BMW Sale Production Auto Industry 85

Cars That Think

MARCH 28, 2023

One looming artifact of the pandemic that remains in 2023—the global chip shortage —has gratefully begun to recede. Unlike the state of things in mid 2021—when crimps in the semiconductor supply chain cropped up in big ways—supply and demand have become much less of a mismatch. In March of 2023, the U.S.

South Korea 123

South Korea Auto Industry United States Supplies 123

Baua Electric

MARCH 6, 2024

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.

Auto 52

Auto Companies India Production 52

Green Car Congress

APRIL 21, 2021

The company’s investor base includes former President and CEO of Ford Motor Company, Mark Fields; former Senior Advisor to the Obama Administration’s Presidential Task Force on the Auto Industry, Harry Wilson; and investment firms Gatemore Capital Management and Wave Equity Partners.

Energy 321

Energy Batteries Battery Lithium Ion 321

Teslarati

DECEMBER 1, 2021

Tesla China’s Global Vice President Grace Tao recently visited the China EV100 to discuss key issues about developing the auto market. Tesla Giga Shanghai has also localized more than 90% of its supply chain. Recently, Elon Musk briefly mentioned the supply chain challenges Tesla still faces today.

Tesla 143

Tesla China Supplies Auto Industry 143

Green Car Congress

MAY 20, 2010

Ford plans to survey 35 top global suppliers on their energy use and estimated greenhouse gas emissions as part of a broader effort to reduce carbon emissions within the auto industry. Tony Brown, Ford group vice president, Global Purchasing. Bosch and Johnson Controls.

Supplies 247

Supplies Ford Carbon Emissions 247

Green Car Congress

APRIL 1, 2020

The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. for the whole Chinese auto industry. EV sales in China dropped 75.2% y/y in February, with a decline of 79.1%

Chinese 221

Chinese Sale China 2020 221

Baua Electric

JANUARY 4, 2024

Autonomous mobility is one of the most important future markets in the automotive industry, and the Indian auto industry is working aggressively to make driving safer. We are growing at a rate of 5-10 percent every year on a global basis. From 5-10 percent now, it may go as high as 30-40 percent in five to seven years.

India 52

India Global Market Auto Industry 52

Green Car Congress

APRIL 5, 2022

During the first quarter, the number of cars sold increased gradually to a total of 148,295 cars as the supply chain constraints affecting Volvo Cars and the auto industry continued to slowly ease. of all Volvo cars sold globally during the month. compared with the same month last year. of total sales.

Volvo 186

Volvo Sale Recharge Cars 186

Green Car Congress

MAY 16, 2017

to meet the growing global demand for its next-generation mobile air conditioning (MAC) refrigerant. With this start-up, the plant has become the world’s largest site for producing HFO-1234yf—sold commercially as Solstice yf—a low-global-warming-potential (GWP) refrigerant. Earlier post.).

Louisiana 218

Louisiana Auto Industry Global 2017 218

Teslarati

APRIL 11, 2023

Hyundai has announced it aims to become a top three global automaker by 2030, primarily through the production of electric vehicles. Now, Hyundai has set its sights higher, aiming to become a top three global automaker by 2030, primarily fueled by a massive $18.1 But by far, its most significant announcement was its global status goal.

Hyundai 98

Hyundai Production Global Auto Industry 98

Teslarati

SEPTEMBER 24, 2021

Musk also noted that he believes the global chip shortage issue is a “short term” problem and not one that would be true for the long term. “Because demand will remain high and supply will remain constrained, we expect this shortage to last through 2022 and into 2023,” O’Donnell noted.

South Korea 145

South Korea Supplies Tesla Auto Industry 145

Green Car Congress

SEPTEMBER 21, 2021

The goal is sustainable mobility, and we are determined to make real progress in that direction as a key technology partner for our customers by leveraging our global network of production facilities. The new plant also highlights our ambitions to continue our strong growth in e-mobility. —Klaus Rosenfeld, CEO of Schaeffler AG.

Hungary 221

Hungary Auto Industry Motor Motors 221

Qnovo

MARCH 2, 2021

At a market capitalization exceeding $700 billion, Tesla enjoys a unique financial position among all auto manufacturers to expand its investments in electric vehicles and infrastructure. We are in the midst of deep disruption to the auto industry. The entire supply chain feels the pressure to adapt to electrification.

Supplies 52

Supplies Electric Vehicles Parts Batteries 52

Teslarati

OCTOBER 30, 2023

Umeda also stated that Panasonic dropped the supply of its 1865 EV batteries to Tesla during Q2, and the company says it plans to use some of that extra capacity to work with other customers. He also alluded to the fact that the company may be looking beyond the auto industry for additional customers.

Production 127

Production Batteries Battery Tesla 127

Electric Vehicles India

SEPTEMBER 15, 2021

The Union Cabinet has approved a revised PLI (production-linked incentive) scheme for the auto industry and the auto component industry with a budgetary outlay of Rs. The PLI scheme will incentivise the emergence of advanced automotive technologies’ global supply chain in India. 26,058 Cr for five years.

India 59

India Auto Industry Automobile Auto 59

CN EV Post

MARCH 26, 2023

Image credit: Chery New Energy) Chinese auto giant Chery's new energy vehicle (NEV) division has slashed the prices of several models, becoming the latest car company to do so. In January-February, Chery's NEV sales were 13,293 units, down 57.6 percent from 31,367 units in the same period last year.

Chery 102

Chery Price Vehicles Auto Industry 102

Baua Electric

JANUARY 5, 2024

At a time when global automakers are looking beyond China towards India for a reliable and best cost base, the Minister of Commerce and Industry Piyush Goyal said the Indian auto industry should target to increase their share of exports to at least 50 percent. lakh worth of components in 2022-2023.

India 52

India Suzuki Global Auto 52

Green Car Congress

NOVEMBER 1, 2018

the world leader in aluminum rolling and recycling, plans to establish a global network of Customer Solution Centers (CSCs) to accelerate collaborative innovation between Novelis and automakers for the next generation of vehicle design. Novelis Inc., The first center is scheduled to open in Novi, Michigan with China and Europe to follow.

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Fusion North America Michigan Design 249