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CEO’s Take On 2024: Demand for feature-rich, safe, connected and electric vehicles to drive auto parts industry, says Bosch India chief – ET Auto

Baua Electric

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The automotive industry is in transition.

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India’s auto industry will hit Rs 25 lakh crore target before time: Vinod Aggarwal | Autocar Professional

Baua Electric

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. Similarly, in the heavy-duty trucks category, VECV secured a 9.1

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 Click to enlarge.

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China’s CALB wants lithium battery factory in Portugal – ET Auto

Baua Electric

Chinese manufacturer CALB is planning on building a lithium-ion battery factory in Portugal, the APA Portuguese environment agency said on Monday. It will “serve the strong customer demand, mainly in the automobile industry,” APA said on its website. The two billion-euro (USD 2.2 The two billion-euro (USD 2.2

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EV push in Budget to give fillip to warehousing & logistics sectors – ET Auto

Baua Electric

The synchronisation of this plan with the ‘Make In India’ programme and the implementation of Production Linked Incentives (PLI) for EV manufacturing fortifies the government’s commitment to foster a robust EV industry. “The EV space in India is likely to see investments of Rs 94,000 crore ($12.6

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12th Five-Year Plan for Chinas auto industry to make new-energy vehicles priority

Green Car Congress

The 12 th Five-year Plan for China’s auto industry reportedly will make developing new-energy vehicles the top priority. China is targeting annual new-energy automobile sales of 1 million units by 2015, according to the China Association for Automobile Manufacturers. People’s Daily.

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Most Awaited Electric Cars To Come On Auto Expo 2023

EVehicleShop

Auto Expo 2023 is on the verge of starting and both manufacturers & Auto enthusiasts are excited to be part of this confluence. This time it’s expected that 80% of the automobiles will be electric fleets only.

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