Brandenburg’s Economy Minister Joerg Steinbach said that while water supply was sufficient during the first stage, more would be needed once Tesla expands the site. The factory would nearly double the water consumption in the Gruenheide area, with 1.4 million cubic meters being contracted from local authorities per year — enough for a city of around 40,000 people. Steinbach said that the authorities would like to drill for more water there and outsource any additional supply if necessary. The Automotive News mission is to be the primary source of industry news, data and understanding for the industry’s decision-makers interested in North America. Rafih Auto Group Cleveland used a cache of cars, some from their own collection, and some registered by owners, to host an exotic and rare car show. Sign up now for a demo or to get answers to your questions and solutions for your business.
- The increasing speed of innovation, especially in software-based systems, will require cars to be upgradable.
- They must adapt the way they serve the customer, while maintaining traditional sales and service models.
- Currently, Indonesia is primarily dependent on foreign direct investment, particularly from Japan, for the establishment of onshore car manufacturing facilities.
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See GKN Automotive’s system integration expertise and software control capabilities in action at the company’s winter test facilities in northern Sweden. TeraWatt will use the funding to build electric-vehicle charging centers to serve commercial fleets. Japanese vehicle maker, which earns hefty profits on two-wheelers, looks to catch up in markets like India. The electric-car startup has secured up to $100 million to fund operations after reaching a deal to resolve a governance dispute.
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Meanwhile, in the developed countries, the automotive industry has slowed. It is also expected that this trend will continue, especially as the younger generations of people no longer want to own a car anymore, and prefer other modes of transport. Other potentially powerful automotive markets are Iran and Indonesia.Emerging automobile markets already buy more cars than established markets.