Remove Industry Remove Insight Remove Parts
article thumbnail

Elon Musk shares insight on next-gen Tesla Roadster performance

Teslarati

Tesla CEO Elon Musk recently shared some new insight about the next-generation Roadster’s performance. In a post on social media platform X, Musk assured industry watchers that it would be silly for Tesla to release a next-generation Roadster whose performance is just similar to the much larger and heavier Tesla Model S Plaid.

Insight 142
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

GM CEO shares insights on Elon Musk and Tesla NACS partnership

Teslarati

General Motors (GM) CEO Mary Barra recently shared some insights on the automaker’s decision to partner with Tesla for its vehicles’ rapid charging system. “I think one of the things our industry could do is partner more. I think our industry could be even more efficient. “We actually text each other.

Insight 128
article thumbnail

Renault Group and Atos launch service to collect large-scale manufacturing data and accelerate Industry 4.0

Green Car Congress

Renault Group and Atos have launched ID@scale (Industrial Data @ Scale), a new service for industrial data collection to support manufacturing companies in their digital journey towards Industry 4.0. “ID@S” Throughout the production process, manufacturers generate a phenomenal amount of data. including net zero benefits.

Industry 150
article thumbnail

Schaeffler and IBM sign Watson IoT partnership; Industry 4.0

Green Car Congress

Leading automotive and industrial supplier Schaeffler has signed a multi-year strategic partnership agreement with IBM to accelerate the digital transformation of its entire operations and customer solutions using Watson’s cognitive intelligence and insight from billions of sensors that make up the Internet of Things (IoT).

Industry 186
article thumbnail

AutoZone’s quarterly profit beats estimates on demand for car parts – ET Auto

Baua Electric

AutoZone beat estimates for third-quarter profit on Tuesday, driven by strong demand for automotive parts as more Americans held on to their ageing cars amid higher prices and wait times for newer models. Quarterly net sales at the auto parts supplier, which competes with Advance Auto Parts and O’Reilly Automotive , rose 3.5%

Parts 52
article thumbnail

Hyundai Mobis to expand investment in EV parts, automotive chips – ET Auto

Baua Electric

New Delhi: Hyundai Mobis , South Korea’s leading auto parts maker, has said it plans to boost its investment in electric vehicle (EV) parts and automotive chips this year. Yun also noted that while the demand for EVs in the global market has slowed temporarily, the industry will eventually move toward eco-friendly cars.

Hyundai 52