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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

India’s sales of new vehicles totaled at least 4.25 New vehicles delivered in India totaled 4.13 Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 In 2021, China continued to lead the global auto market, with 26.27 India is home to 1.4

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Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

Green Car Congress

Following an initial product launch in April 2022, the companies will partner to manufacture 50,000 electric auto-rickshaws over the next five years, advancing both companies’ roadmaps for “made in India” manufacturing. metric tons annually and eliminate dangerous NO x and PM tailpipe emissions that contribute to air pollution.

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India set to become global semiconductor manufacturing destination: Industry – ET Auto

Baua Electric

According to S P Kochhar, Director General, COAI, the approval for these units which has come under India’s Semiconductor Mission is a positive and commendable development. lakh crore, as part of an attempt to cut India’s dependence on imports to meet the requirements of chips.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

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.

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Day not far when India becomes global semiconductor hub: PM Modi – ET Auto

Baua Electric

The three chip manufacturing and assembly facilities will help in making India a global semiconductor hub and will also raise the country’s profile in the global semiconductor value chain,” Prime Minister Narendra Modi on Wednesday said. It is very important for India to become a semiconductor nation.

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ACMA‘s Global Summit and Expo places India at the forefront of EV parts production, innovation – ET Auto

Baua Electric

“The Global Summit & Expo’s success underscores electric vehicles’ transformative potential and manufacturing opportunities in India,” Shradha Suri Marwah, President, ACMA, and Managing Director, Subros Ltd. billion to 4 billion in manufacturing and R&D over the past five years.

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CEO’s Take on 2024: Cost efficiency and tech skills make India a global force in auto parts sector, says Nirmal K. Minda, CMD, Uno Minda – ET Auto

Baua Electric

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.

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