Automotive EVP (Electric Vacuum Pump) Market Size To Reach USD 2.40 Billion By 2026
The global automotive EVP market size is anticipated to reach USD 2.40 billion by 2026 on account of the increasing demand for more efficient vehicles worldwide. Automotive electric pumps help to provide more power to the driver of the vehicle by monitoring the change…
Temperature Sensor Market To Hit $11.1 Billion Revenue by 2030
In vehicles, the temperature of gases, liquids, and several systems is measured with sensors, so that the performance efficiency of automobiles can be maintained. With the rising sale of automobiles, particularly electric vehicles, the procurement of temperature sensors is growing….
Covid-19 Impact- Electric Vehicle Plans May Take Backseat In FY21
Leading auto manufacturers are likely to put their electric vehicle (EV) plans on the back-burner as they focus on restoring demand for core bread-and-butter products, suggested a number of senior industry executives. With mounting losses due to the disruption in…
Faradion Bags First Order For Sodium-Ion Batteries From ICM Australia
Faradion Ltd, world leader in sodium-ion battery technology, has announced its first order from ICM Australia. Sodium-ion batteries, owing to its exceptional superiority over lithium-ion batteries, are likely to revolutionise the automobile/mobility, storage and mobile sectors across the world. Faradion’s…
Global Automotive V2X Market Is Expected To Reach $8,060.79 Million By 2027 Growing At A CAGR 42.1% During 2018 To 2027.
Automotive vehicle to everything (V2X) is a technology that helps increase road safety by means of advanced technological improvements in automotive electronics. V2X is based on the concept of intelligent transport system (ITS) and helps in efficient traffic management. This…
Electric Vehicle Industry’s FY19-20 YOY Sales Up 20%
India’s electric vehicle industry’s sales during 2019-20 grew by 20 per cent on a year-on-year basis. These sales include the off-take of electric two-wheelers, cars and buses. According to the Society of Manufacturers of Electric Vehicles, the EV industry sold…
Impact Of COVID-19 On The Global Electric Vehicle Industry
Owing to the stringent emission regulations, there is an increasing demand for electric vehicles as it reduces emission and lowers fuel cost. Increasing consumer awareness regarding greener alternatives has led to the adoption of electric vehicles. As per the International…
Lower Oil Prices To Decimate Electric Vehicles Sales
According to a study by Wood Mackenzie, the coronavirus outbreak, potential delays to fleet purchasing due to lower oil price and a wait-and-see approach to buying new models have all contributed to a decrease in the projected sales of EV….
Ideanomics Set To Benefit From Accelerated Chinese Government Initiative To Increase EV Adoption
The Chinese State Council issued a Three-Year Action Plan for the Battle of the Blue Sky accelerating the country’s Blue Sky Plan originally unveiled in 2018. The 2018 Blue Sky Plan’s centerpiece was the development of an ecofriendly transport system…
Triton Solar Has Unveiled Its First Ever Electric Vehicle
Triton Solar, a New Jersey-based tech company, has unveiled its first electric vehicle with dream-like specs. The company has announced an electric SUV “Triton Model H” with 700 miles (1126 km) of battery range, which is even more than twice…
