Remove Auto Industry Remove Buy Remove Future Remove Supplies
article thumbnail

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?

article thumbnail

AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 The study also finds that the bulk of future sales growth globally has likely permanently switched to emerging markets. million in 2012.

article thumbnail

Convincing Consumers To Buy EVs

Cars That Think

With the combination of requiring all new light-duty vehicles sold in New York State be zero-emission by 2035, investments in electric vehicles charging stations , and state and federal EV rebates, “ you’re going to see that you have no more excuses ” for not buying an EV, according to New York Governor Kathy Hochul.

Buy 78
article thumbnail

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

Cars That Think

Unlike the state of things in mid 2021—when crimps in the semiconductor supply chain cropped up in big ways—supply and demand have become much less of a mismatch. industrial concerns from falling victim to similar semiconductor supply chain snafus in the future.

article thumbnail

Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

The turmoil is likely to have long-term ramifications for supply, and stands in stark contrast to the growing emphasis by governments on securing future access to critical minerals. Now, carmakers are getting cold feet and abandoning deal discussions, according to mining investment bankers and industry executives.

Price 52
article thumbnail

Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry.

Grant 150
article thumbnail

Welcome to the Year of the EV—Whatever It Will Be

Clean Fleet Report

CES (the Consumer Electronics Show) was supposed to be the big coming out party as tech vendors and a growing automotive contingent were set to descend on Las Vegas with a return-to-normal show with massive displays, extravagant media shows and outrageous demonstrations of future technology. One vision of the near future from Mercedes.