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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. These components account for more than 75% of auto parts imported into the country. To be sure, China dominates auto parts supplies to India.

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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.

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EU, Serbia sign deal to kickstart lithium battery development – ET Auto

Baua Electric

The European Union and Serbia signed a deal Friday to develop the supply of lithium seen as a crucial building block to achieve Europe’s transition to a green economy. Vucic also said the country’s lithium exports would be sold only to European partners for the time being, despite interest from Chinese manufacturers.

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Are Chinese electric buses exempt from European EV tariffs? – Charged EVs

Baua Electric

The rationale behind the new tariffs is that the Chinese government has unfairly subsidized its auto industry, enabling Chinese automakers to sell EVs at prices European brands can’t match. Ironically, the market share of Chinese electric buses in Europe is far higher than that of Chinese electric cars.

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It’s easy to criticize, hard to create; my motto is never give up, says Henrik Fisker – ET Auto

Baua Electric

He admitted that while the auto industry might be the hardest to succeed, the nascent EV industry is even more difficult. But he is personally “excited about doing great work in this industry and bringing new innovative EVs to the world”. It is easy to criticize, and it is hard to create.

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GM’s Tesla NACS support spells trouble for Electrify America [Opinion]

Teslarati

A previous Teslarati article theorized that Ford’s adoption of Tesla’s NACS could change the electric vehicle (EV) charging landscape, specifically in the United States and the rest of North America. General Motors and Ford hold a significant market share of the United States auto industry.

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

Meanwhile, the mid-2022 passage of the CHIPS Act in the United States yielded a multi-billion-dollar investment pool, some of which dedicated to ramping up American manufacturing of the mature-generation chips upon which many industriesauto and otherwise—are so dependent. In March of 2023, the U.S.