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Fast evolving auto industry needs befitting HR solutions | Autocar Professional

Baua Electric

It’s no secret that the Indian economy witnessed a great year, closing 2023 with a GDP of USD 3.73 And the automobile industry in India is a significant contributor to the country’s economy. Businesses facing human resource challenges must take measures to address talent acquisition and retention.

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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. In FY23, the Indian automotive sector experienced a revival in the economy, accompanied by new challenges and opportunities. percent to clock a turnover Rs 5.60

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12th Five-Year Plan for Chinas auto industry to make new-energy vehicles priority

Green Car Congress

The 12 th Five-year Plan for China’s auto industry reportedly will make developing new-energy vehicles the top priority. The new-energy automobile industry and other new strategic industries will play a leading role in the country’s economy in 10 years. People’s Daily.

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Ceres: national fuel economy and emissions standards can increase viability of domestic automakers and suppliers

Green Car Congress

New analysis commissioned by Ceres, a sustainability nonprofit organization working with investors and companies, suggests that national fuel economy and emissions standards can help increase the viability and international competitiveness of domestic automakers and suppliers. Even so, current auto sales and profits remain strong.

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Big Auto Had The Ultimate Barriers To Entry — Then Tesla Broke Through

CleanTechnica EVs

Prior to the rise of Tesla, conventional wisdom held that it would be practically impossible for a startup company to challenge the behemoths of Big Auto. When economics professors explained the concept of barriers to entry, the auto industry was usually example #1.

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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.

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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

2012 Chinese Auto Industry Development Report. The fifth annual report on China’s auto industry—2012 Chinese Auto Industry Development Report—says that the next 20-30 years will be a “critical period” that will see the formation of a global new-energy vehicle industry.