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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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The Nissan Leaf is Eligible for a $3,750 Tax Credit Again

The Truth About Cars

The automaker announced that the car has regained eligibility for federal tax credits, though for only half of the maximum $7,500. It’s followed not-so-closely by the Mini Cooper SE, but regaining tax credit eligibility is a significant boost. has a free-trade agreement.

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Third Panasonic EV battery plant in the US is still possible 

Teslarati

During CES 2024, Panasonic Energy of North America’s president Allan Swan said the Japanese company is still planning to build a third electric vehicle (EV) battery plant in the United States. The Internal Revenue Service (IRS) has already released the list of EVs eligible for tax credits under the Inflation Reduction Act (IRA).

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Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. Several automakers like Toyota, who have been selling hybrid cars in India have been lobbying for a tax cut on the hybrid vehicles in India.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. Fuel cell stack research. Electric drive system power density of 2.5

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UK auto industry warns anti-diesel agenda and slow uptake of EVs could mean missing 2021 CO2 targets; rising CO2 average in 2017

Green Car Congress

The increase in the fleet average new car CO 2 figure follows 19 years of reductions resulting from investment in new, advanced engine, fuel and battery technology, as well as the use of lightweight materials such as aluminium and composites. For pure battery-powered vehicles, take-up is even lower (0.5%). in 2017 to 119,821 units.

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Tesla Giga Canada makes sense: CN Minister emphasizes auto industry’s new “supplier of choice” [Opinion]

Teslarati

CN seems to be hyper-focused on developing its green supply chain and catering to the auto industry. Canada becoming EV “supplier of choice” Recently, Volkswagen and Mercedes Benz signed separate agreements with Canada for battery EV materials. We are working fast for our workers and the auto industry.

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