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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Former General Motors (GM) executive Terry Woychowski, who is now President of engineering consultancy Caresoft Global, called the arrival of the Seagull a “clarion call for the rest of the auto industry,” adding that it’s a “significant event” (via CNBC ). auto sector,” the organization writes.

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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. It plans to delve into products that could prove lucrative. Tesla supplier Panasonic slashing domestic EV battery production Poliak also shared that Panasonic Automotive aims to nearly double its sales.

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Italy exploring partnership with Tesla, Chinese carmakers to bolster domestic auto industry: report

Teslarati

In a bid to diversify its domestic automotive sector and achieve an annual production target of 1.3 The negotiations were mentioned by Industry Minister Adolfo Urso on Wednesday. He also acknowledged the crucial role a new partner would play in bolstering the Italian auto industry.

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ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

Green Car Congress

Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. Both parties agreed not to disclose any further details about the investment.

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Turbocharge UK competitiveness to win Race to Zero prize, auto industry urges

Electric Cars Report

Britain’s ability to compete as an electric vehicle production leader is at risk unless government responds urgently to increasingly fierce international competition, the Society of Motor Manufacturers and Traders (SMMT) warns in a new blueprint published today.

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Auto industry spent less on advertising in 2022; Tesla already spends $0

Teslarati

The automotive industry spent less on advertising during the first seven months of 2022. Although Tesla spends $0, the decline in ad spending could be an indicator of troubles for an industry trying to compete with Tesla’s EV lead. Reuters reported that the auto industry’s ad spending fell to $4.8

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

Baua Electric

Rajendra Petkar, President & CTO, Tata Motors Bengaluru: The future of the automotive industry will be defined by technology and software along with sustainability , industry’s top voices said at the Day 1 of the 5th edition of ETAuto Tech Summit concluded on Thursday. Kausalya Nandakumar, COO, MEAL agreed.