Remove 2028 Remove Automotive Remove Sourcing Remove Supply Chain
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US Electric Vehicle (EV) Tax Credits Signal New Era for Automotive Policy

Frost & Sullivan Manufacturing

Under guidance released in April by the US Department of Treasury following the Inflation Reduction Act, effective April 18, 2023, only EVs that fulfill specific mineral sourcing and battery pack content requirements will qualify for tax credits. Subject to a price cap (i.e.,

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Double digit growth for UK car production since January

SMMT

The performance represented the best first half since 2021 as manufacturers were increasingly able to manage global supply chain challenges – notably the shortage of semiconductors – that had constrained production since the pandemic. UK car production rose 11.7% of all British car shipments, up 11.2% to 214,017 units year to date.

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Will autotech ventures race east in 2024?

Robotics Business Review

Source: LinkedIn As The Robot Report reported last October, one of the biggest autotech stories of the year was the stalling of Cruise after California’s Department of Motor Vehicles suspended its driverless testing license. We’ve done many pilots both in automotive, as well as the commercial space,” she said.

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Back In Action: An MCMT Special

Dinesh Mishra

India is among the world’s biggest metal-cutting machine tools markets, with sectors like automotive, general engineering, energy, and aerospace being the major demand drivers. Demand from automotive customers is growing post the pandemic and is envisaged to touch of pre-pandemic levels of 2018-19.