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NHTSA to propose new fuel economy standards soon; 8% increase per year for MY 2024-2026

Green Car Congress

The US Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) announced that it will soon propose robust new fuel economy standards. NHTSA’s proposal comes as the automobile industry is retooling future models in response to market demand for cleaner, more fuel-efficient vehicles.

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Japanese automobile industry establishes joint Research Association of Automotive Internal Combustion Engines (AICE)

Green Car Congress

Eight Japanese automakers and one automobile research institute—Suzuki Motor; Daihatsu Motor; Toyota Motor; Nissan Motor; Fuji Heavy Industries; Honda R&D; Mazda Moto; Mitsubishi Motors; and Japan Automobile Research Institute (JARI)—have jointly established the Research Association of Automotive Internal Combustion Engines ( AICE ).

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Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

It’s no secret that the Indian economy witnessed a great year, closing 2023 with a GDP of USD 3.73 And the automobile industry in India is a significant contributor to the country’s economy. trillion, GDP per capita at USD 2,610 and a projected GDP growth rate of 6.3 percent against the global average of 2.9

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

Green Car Congress

Carbon fiber reinforced plastics (CFRP) are highly attractive for various industries in demanding application fields due to their unique balance of rigidity, mechanical strength and light weight. This results in high-quality, inexpensive continuous carbon fiber that can be recycled perpetually, contributing to circular economy.

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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. While the target stands, the estimates differ from those taken by a few private rating agencies.

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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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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.