article thumbnail

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.

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

article thumbnail

Agreement reached to standardize swappable batteries for electric motorcycles

Green Car Congress

Kawasaki Heavy Industries, Ltd., Parts of the common specifications agreed upon are compliant with the Society of Automotive Engineers of Japan, Inc. The consortium was established by Honda Motor Co., Suzuki Motor Corporation and Yamaha Motor Co., in April 2019, aimed at increasing the adoption of electric motorcycles in Japan.

article thumbnail

Tesla China partners with Baidu for maps to clear FSD hurdle

Teslarati

pic.twitter.com/wBPpXkC3pZ — Tsla Chan (@Tslachan) April 29, 2024 Apart from its deal with Baidu for mapping and navigation, Tesla also cleared data security and processing requirements in China, as per the China Association of Automobile Manufacturers.

China 142
article thumbnail

Audi and KIT working on recycling for automotive plastics via pyrolysis oil

Green Car Congress

Audi and the Karlsruhe Institute for Technology (KIT) are therefore launching a pilot project for chemical recycling as part of the “Industrial Resource Strategies” THINKTANK in order to feed such mixed plastic fractions back into a resource-conserving circular system.

Kits 410
article thumbnail

CAR report quantifies automotive’s position as a leading high-tech industry

Green Car Congress

Percentage of Global R&D Spending by Industry, 2013. A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Click to enlarge. —Center for Automotive Research.

article thumbnail

Xpeng CEO welcomes Tesla Full Self-Driving (FSD) to China

Teslarati

Tesla also cleared data security and processing requirements in China, as per the China Association of Automobile Manufacturers. Tesla China, for its part, has only noted that “there is currently no timetable for FSD to enter China.” These developments suggested that FSD may be coming to China in the near future.

China 132