Baua Electric

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. compared with sales of 3.79

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CleanTechnica EVs

SEPTEMBER 12, 2023

A new study from MarketWatch suggests that Tesla’s pioneering use of advanced telematics in assigning insurance risk may disrupt the insurance industry as much as the company has already disrupted global automotive markets.

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Teslarati

NOVEMBER 23, 2023

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. The post Stellantis strengthens ties with China’s auto industry appeared first on TESLARATI.

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Green Car Congress

JULY 7, 2023

TTTech Auto, a leader in automotive safety software, and ZettaScale Technology, a developer of communication technologies and protocols, have launched Zetta Auto. Zetta Auto is a data-centric communication solution focusing on safe, performant, and predictable Serviced-Oriented Architecture (SOA) communication.

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Baua Electric

MAY 1, 2024

Indian battery-maker Exide Industries beat fourth-quarter profit expectations on Tuesday, helped by higher demand in its automotive and industrial products segments. Earlier this month, South Korea’s Hyundai Motor and Kia Corp partnered with Exide Industries ‘ unit Exide Energy Solutions to supply batteries for their EVs.

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CN EV Post

MARCH 12, 2023

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry.

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Baua Electric

APRIL 15, 2024

The rise in SUV sales highlights the evolving trend in India’s car market, with consumers increasingly gravitating towards vehicles that offer both comfort and style, along with higher ground clearance and heavy vehicle build.

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Baua Electric

FEBRUARY 29, 2024

“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.

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CN EV Post

MARCH 22, 2023

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market.

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CleanTechnica EVs

FEBRUARY 26, 2023

The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. Compared to 2020, there were “only” down by 725,726 units (5%).

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CleanTechnica EVs

FEBRUARY 26, 2023

The US auto industry is truly on the rebound. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. But was it just a lucky little blip?

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Baua Electric

APRIL 22, 2024

New Delhi: Pavna Industries Limited, a leading automotive parts manufacturer has inked an agreement with Ola Electric to supply ignition switches and latches, consolidating its foray into the electric two-wheeler segment. Swapnil Jain, Managing Director of Pavna Industries Ltd.,

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Baua Electric

APRIL 9, 2024

Ride-hailing major Ola Cabs is set to exit all of its existing international markets, namely the UK, Australia and New Zealand by the end of this month. In January, Ola Cabs’ chief executive Hemant Bakshi had said that the firm would focus on electrification of its fleet and premiumisation of its offerings for future growth.

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Baua Electric

MARCH 11, 2024

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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Teslarati

MAY 30, 2022

It’s easy to fall into the Tesla vs. legacy auto narrative. Since the days of the original Roadster, it appeared that Tesla was this company that was determined to make a change by forcing the automotive industry to go electric. Tesla did force the automotive industry to go electric. — Elon Musk (@elonmusk) May 25, 2022.

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Baua Electric

JANUARY 8, 2024

market share of the US auto market. It wasn’t that long ago that many bigwigs in the auto industry didn’t see Tesla ever being more than a niche automaker. But the company has made itself undeniable by holding a majority market share in the electric vehicle market in the US.

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Baua Electric

MARCH 24, 2024

And the automobile industry in India is a significant contributor to the country’s economy. Some companies are also implementing in-house training workshops which facilitate employees to remain abreast with recent technological developments and trends in their respective industries. percent against the global average of 2.9

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Baua Electric

FEBRUARY 2, 2024

New Delhi: Continental Tire, the tyre manufacturing arm of the Continental Group, has estimated the tyre industry in India might double by 2030. This industry should double the revenues by 2030,” Samir Gupta , MD of Continental Tires India, told ETAuto on the side-lines of Bharat Mobility Expo 2024.

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CleanTechnica EVs

OCTOBER 18, 2021

Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US auto sales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US auto sales were down 22%.

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Baua Electric

MARCH 16, 2024

market share in 2023. New Delhi: CATL ( Contemporary Amperex Technology Ltd ), a key player in new energy technologies, has disclosed its performance for 2023, highlighting its presence in both domestic and international markets. market share in 2023. In the domestic market, CATL holds a substantial 44.5% rise Y-o-Y.

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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. Buoyed by its huge domestic market (8.5

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Baua Electric

JANUARY 15, 2024

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. percent market share in the same period, up from 8.5

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Electrek

NOVEMBER 30, 2023

Despite predictions of a major slump in automatic sales around the globe, the European auto industry predicts that this will spark a huge uptick in EV sales in the EU – and that’s thanks to a flood of new, cheap models hitting the market.

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CN EV Post

DECEMBER 29, 2022

Covid led to lower-than-expected retail growth in the Chinese auto market, with traditional ICE vehicles performing worse than expected while NEVs performing better than expected. The post China's auto market in 2022: These are what exceeded expectations appeared first on CnEVPost.

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The Truth About Cars

JANUARY 3, 2024

Stellantis pulled out of last year’s Los Angeles Auto Show and the Specialty Equipment Market Association (SEMA) trade show , stating that it was trying to save money amid the now resolved UAW strike. At this time, our Toronto-area dealers have agreed to fund all display and activation costs pertaining to the Toronto auto show.”

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The Truth About Cars

AUGUST 14, 2023

Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 million units manufactured in 2022.

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Baua Electric

MAY 6, 2024

Brussels has promised to do more to boost the domestic car industry and tackle unfair competition from cheaper Asian rivals. Poor prospects What jobs remain are under increasing pressure from Chinese competitors, who are hauling in a growing share of the market.

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Baua Electric

APRIL 27, 2024

Renault held talks this week with China’s Li Auto and Xiaomi on electric and intelligent vehicle technologies , the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies. China disputes the claim and has accused Europe of protectionism.

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Baua Electric

JANUARY 13, 2024

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. 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. lakh crore (USD 69.7

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Baua Electric

JANUARY 25, 2024

Europe will miss its goal of raising its share of the global computer chip market to 20% by 2030 because it is not building manufacturing capacity fast enough, semiconductor equipment maker ASML CEO Peter Wennink said. “That was good for the European car industry but it’s not enough,” said Wennink, who is retiring in April.

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Baua Electric

MARCH 22, 2024

Spark Minda aims to strengthen its presence in the two-wheeler and four-wheeler smart Passive Entry Passive Start (PEPS) market, prioritizing secure encrypted key management and efficient vehicle locking and unlocking system.

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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.

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My Electric Car

JANUARY 12, 2023

The Japanese auto industry is facing a potential demise due to its slow adoption of electric cars. However, the Japanese auto industry has been slow to adopt this technology, and has not been able to keep up with the competition from other countries.

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CN EV Post

APRIL 6, 2023

With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said. However, orders and transaction rates did not increase significantly as consumers were in a wait-and-see mood, and auto consumer demand did not recover as expected, the CADA said.

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Teslarati

NOVEMBER 17, 2021

Tesla bull and CEO of ARK Invest Cathie Wood predicts that Tesla’s share in the total auto market could be up to 25% by 2026. Wood believes Tesla’s competitors can still be successful in the EV industry. The post Tesla’s share in the overall auto market could be up to 25% by 2026 appeared first on TESLARATI.

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CN EV Post

MARCH 20, 2023

Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. As of Monday's close, NIO's (NYSE: NIO) US-traded ADR was down 10 percent this year, XPeng was down 8 percent, and Li Auto was up about 12 percent.

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Baua Electric

JANUARY 23, 2024

ZF Friedrichshafen, which makes transmissions, shock absorption systems, and chassis components for more than 55 auto brands and is Germany’s second-largest supplier after Bosch, said it could axe as many as 12,000 people in a “worst-case scenario” by 2030, reports The Financial Times. FTC: We use income earning auto affiliate links.

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