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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.” In addition to making vehicles which will bring revenue for a certain period, there is a fortune that is sitting in the downstream of the business and here software is going to play a big part, he added. This is unlike other sectors.

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Volkswagen to invest up to USD 5 bn in EV maker Rivian as part of tech joint venture – ET Auto

Baua Electric

electric-vehicle maker Rivian as part of a new, equally controlled joint venture to share EV architecture and software, the companies said on Tuesday. German automaker Volkswagen Group will invest up to USD 5 billion in U.S.

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European battery maker ACC partners with Circulor to map supply chain, carbon emissions – ET Auto

Baua Electric

The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. Launched in 2020, ACC has announced EV battery plants in France, Germany and Italy with a 7 billion-euro (USD 7.6 billion) investment.

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CEO’s Take On 2024: Tech-driven auto industry targets to be smarter, greener, says Prashanth Doreswamy – ET Auto

Baua Electric

After two consecutive years of swift growth in the auto industry’s performance, what is your outlook for 2024? 2024 is likely to see the industry stabilize and return to normal. What are the key micro and macro indicators that will play an important role in shaping up the auto industry in 2024?

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Honda breaks ground on its $4.4 billion Gigafactory in the US

Teslarati

Honda and its partner LG Energy Solutions have broken ground on their first joint venture battery production location in the United States. That has started with investments into electric drivetrain production, and now, its first battery production facility, which it has started construction on today. What do you think of the article?

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J.D. Power Discovers Dealer Service Satisfaction Rises Amidst Extended Wait Periods

The Truth About Cars

Photo credit: Standret / Shutterstock.com The auto industry has seen a rebound in customer satisfaction with dealer service experiences this year, marking a positive shift. However, dealers are still facing challenges due to shortages in parts and labor, which have contributed to increased wait times for service appointments.

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Elon Musk scares Mercedes-Benz and BMW: former GM and Ford exec Bob Lutz

Teslarati

Lutz’s statements were included in an article awarding Elon Musk with the Financial Times ‘ Person of the Year Award. . Elon Musk’s second consecutive Person of the Year Award was granted by the FT in no small part due to Tesla’s accomplishments in the auto sector.

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