Qualcomm Technologies, Inc. and Tata Electronics announced a collaboration on Friday to manufacture Qualcomm Automotive Modules in India. Under this partnership, Tata Electronics will serve as a manufacturing partner for the semiconductor giant, utilising its upcoming high-volume semiconduct
Mexico has long attracted global automakers with low labour costs and tariff-free access to the US market under the US-Mexico-Canada Agreement (USMCA). General Motors Co, Ford Motor Co, and Chrysler Corp were Mexico's top three producers in 2024, with more than 90 per cent of their output ex
With higher tariffs on Chinese imports set to raise vehicle prices in the US, global automakers are likely to turn to alternative suppliers like India, said Nomura in its latest report.
The report cites four key reasons for restricted competition: a stringent electric vehicle (EV) policy, challenges in securing investment approvals for Chinese firms, a small EV market with just two per cent penetration, and the long product localisation cycle of two-four years for global
Global automakers are looking to turn India into an export hub, as people are shifting from local demand to pricier vehicles and that may spur more 'India-first' models.