Remove Automobile Industry Remove Companies Remove Global Remove Industrial
article thumbnail

Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

percent against the global average of 2.9 And the automobile industry in India is a significant contributor to the country’s economy. Companies can implement an incentive and variable pay concept to manage compensation. It’s no secret that the Indian economy witnessed a great year, closing 2023 with a GDP of USD 3.73

article thumbnail

LG and Magna to develop next generation autonomous driving-infotainment solution proof of concept

Green Car Congress

LG Vehicle component Solutions (VS) Company, a supplier of In-Vehicle Infotainment (IVI) systems in the automobile industry, has been proactively exploring its portfolio of future products and technologies. Both LG and Magna plan to introduce this concept to global automakers during CES 2023.

Concept 186
article thumbnail

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.

article thumbnail

Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

When “replacing oil with electricity” has become a trend, the transportation industry has maintained the era of fuel oil for hundreds of years, but it is also undergoing subversive changes. In 2020, Total Energy acquired the largest electric vehicle charging company in London and has mastered many local charging pile resources.

Oil 98
article thumbnail

Asahi Kasei collaborates on development of recycling technology for carbon fiber from autos

Green Car Congress

Asahi Kasei, a diversified Japanese multinational company, has developed a new technology for recycling carbon fiber plastic compounds together with the National Institute of Technology, Kitakyushu College and Tokyo University of Science.

article thumbnail

Sony and Honda sign MOU to create JV to develop and sell EVs and mobility services; first model on sale in 2025

Green Car Congress

The two companies will proceed with negotiations toward executing various definitive binding agreements, including a joint development agreement and a joint venture agreement, with a goal of establishing the new company within 2022, subject to execution of the definitive agreements and relevant regulatory approvals.

Honda 150
article thumbnail

China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. —Energy-saving and new energy vehicle plan. L/100km (40 mpg US) or less.