China Promises Subsidies To Boost Falling Electric Car Sales
China is promising more subsidies to shore up plunging electric car sales amid the coronavirus pandemic but set limits that exclude Tesla’s made-in-China model. Subsidies and tax breaks that were due to end this year will be extended by two…
Two Wheeler Loan Market In India Is Projected To Grow From An Estimated $ 7.2 Billion In 2020 To $ 12.3 Billion By 2025
Technological advancements in the form of shift from combustion engine vehicle to electric vehicles, new product launches, subsidies offered by the government on purchase of electric vehicles and high vehicle replacement rate are boosting the sales of two wheelers across…
Volkswagen’s Seat Brand Postponed China Entry
The China market entry of Volkswagen Group’s Seat brand, where it was to develop a small electric vehicle, has been postponed by changing business conditions and a revision of VW Group’s strategy. Interim CEO Carsten Isensee announced the change in plans…
Amid Historic Oil Collapse, An Opportunity To Accelerate Clean Transportation
Petroleum products continue to fuel most of our vehicles while fouling our air, leaving some people more vulnerable to suffering severe impacts from respiratory illnesses like COVID-19. Transportation is also the largest source of greenhouse gas emissions in the U.S., and studies…
India’s Electric Mobility Market Will Be Driven By Two-Wheelers
The Indian automobile industry hit one of the lowest points in its history in the 2019-20 financial year. Struggling to improve customer sentiment while demand for new cars dropped significantly, the Indian automotive industry saw their sales plummet in the…
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…
