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ETAutoTS: Software, sustainability, cybersecurity to define the future of auto industry – ET Auto

Baua Electric

Gone are the days when the auto industry used to be hardware oriented.” With decades of investments in the internal combustion engine (ICE) technology, auto manufacturers are required to continue with it to fund the fairly new and emerging space of EVs, he added. EVs do not bring the same sensory experience as ICE vehicles do.

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Magna lags profit estimates, cuts annual sales forecast on supply chain snags – ET Auto

Baua Electric

Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. The company’s shares were down about 4% in early trade.

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Tesla Model Y returns to dominance in Germany

Teslarati

It remains unclear why the dip in EV sales and Tesla sales occurred in the first month of the year, but it generally follows the auto industry’s trend of weaker sales in the first month of the year. What do you think of the article? Yet, if recent history is anything to go by, Tesla shouldn’t have too much trouble.

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Power Global launches eZee swappable battery EVs in India 

Electric Vehicles India

The company was Romeo Power’s co-founder and former SpaceX Porter Harris and international auto industry veteran Pankaj Dubey which aims to provide electric vehicle and clean energy products to global markets. Also, read related article: Electric vehicles battery swapping types, advantages & disadvantages.

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Ford secures nickel supplies with $4.5 billion investment

Teslarati

Besides the massive retooling effort that has taken the auto industry by storm over the past two years, the search for raw materials for EV batteries has become a growing priority for automakers. What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com.

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Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

The accumulation of these EV tax breaks, plus the hefty 25% tax on fossil-fuel cars, means that EV models in Norway are often more affordable than fossil-fuel cars, even without the EV subsidies that are available in other countries.

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Nissan Leaf – Taking Reservations

Revenge of the Electric Car

Funny that this article cites “a shortage of public charging stations&# as the sole reason for auto makers scrapping electric vehicles in the 1990s. Read more about it in the San Jose Mercury News Article: Reservations for the all-electric Nissan Leaf start Tuesday. By Dana Hull for the San Jose Mercury News. By Dana Hull.

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