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Changan Ford Motor to arrange electrical automobile JV with Chongqing Changan Auto

Baua Electric

Ford mentioned the project was once being shaped “to better grasp the development trend of electrification and intelligence in the auto industry.” The post Changan Ford Motor to arrange electrical automobile JV with Chongqing Changan Auto appeared first on Bauaelectric Auto News.

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Auto Inc invested Rs 14,043 till March end under PLI scheme for automobile, components | Autocar Professional

Baua Electric

The Indian automotive sector invested Rs 14,043 crore till March end under the government’s production-linked incentive (PLI) scheme for automobile and auto components, according to the Economic Survey tabled in the parliament on Monday ahead of the Union Budget tomorrow. Applicants have proposed employment generation of 1.48

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Lithia Motors raises bid for Pendragon automobile dealerships

Baua Electric

Two weeks upcoming Lithia Motors Inc. the car store has up to date its trade in to pay considerably extra money for the industry. The post Lithia Motors raises bid for Pendragon automobile dealerships appeared first on Bauaelectric Auto News. discoverable its plans for Pendragon within the U.Ok.,

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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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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

Volvo 320
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Tata Motors files 222 patent applications and secures 333 patents in FY24 – ET Auto

Baua Electric

Tata Motors’ strong commitment to engineering excellence, cleaner powertrains, design, connectivity, and intelligent safety features ensures that its innovations seamlessly align with real-world needs. Tata Motors also received its highest ever grant of 333 patents during the same period, taking its total tally of granted patents to over 850.

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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“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. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.