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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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Hyundai Motor Group bolsters partnership with Rimac on high-performance EVs and fuel cell prototypes across brands

Green Car Congress

Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new auto industry in Croatia. The automotive industry needs to get the same attention as soccer in Croatia. Earlier post.)

Croatia 207
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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. This is unlike other sectors.

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Tesla removes Model 3 Long Range Dual Motor from China’s configurator

Teslarati

Tesla China removed its listing for the MIC Model 3 Long Range Dual Motor in the online configurator. Tesla may be using the electric motors and battery packs for the MIC Model 3 Long Range Dual Motor variant to produce the Model Y Dual Motor AWD trim. After all, the Model 3 and Model Y share similar parts.

Motoring 144
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Hyundai Motor India clocks best-ever sales in January | Autocar Professional

Baua Electric

Hyundai Motor India has opened CY2024 on a very strong note, having registered its best-ever monthly wholesale numbers in January. Demand for the feature-laden Exter has been strong – the SUV has received over 100,000 bookings, which is creditable given that this new model is part of an ultra-competitive sub-segment.

India 52
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AIDA servicing evolving needs of the auto industry | Autocar Professional

Baua Electric

Additionally, AIDA established a press showroom in Chennai, Tamil Nadu, ensuring the “Immediate delivery” of press equipment and range of ready stock spare parts and accessories. The post AIDA servicing evolving needs of the auto industry | Autocar Professional appeared first on Bauaelectric Auto News.

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Changan Ford Motor to arrange electrical automobile JV with Chongqing Changan Auto

Baua Electric

Ford mentioned the project was once being shaped “to better grasp the development trend of electrification and intelligence in the auto industry.” Gross sales of Ford with Changan fell 12.6 % within the first part mode the year-ago length, China Affiliation of Car Producers knowledge confirmed.