Search results for: 'built shorter'

Purpose-built vehicles (PBVs) represent the new breed of customized vehicle development. Unlike custom-built vehicle manufacturing processes, in which few alterations are made to existing vehicle models, PBVs are customized from the design phase to suit the application in which the vehicle will be deployed in the future. The PBV market is fragm...

The purpose-built vehicle (PBV) market is a new business model in the automotive industry that involves original equipment manufacturers (OEMs) designing, manufacturing, and selling highly customized vehicles according to customers’ application needs. There are high demand and competition in the shared mobility market, ride-hailing services, and la...

People are moving away from car ownership to usership models. As cost of ownership and cities' push for sustainable modes increase, the uptake of alternative mobility modes will also rise. Cities are framing regulations to promote the use of shared mobility modes. With car ownership set to decrease, OEMs are looking at expanding the relevance o...

Vehicle leasing solves several challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. To focus on their core products and services, businesses have to outsource support activities related to mobility, ranging from fleet purchasing to remarketing. Without an expert team on the job,...

This research service analyzes key trends in the engine replacement aftermarket for vehicles in classes 1, 2, and 3 (Class 1–3 vehicles) in North America, providing forecasts for the market size between 2022 and 2028. The engine replacement segments covered are new, used, rebuilt, and remanufactured products. Market forecasts are derived from the m...

This analytics highlights quantum computing innovation in the automotive industry and the significance of integrating this technology in supply chain, materials research, vehicle design, vehicle testing, assembly, manufacturing, retail, after-sales, and vehicle-in-motion. Simulations integrated with quantum computing processors analyze multiple pre...

30 Aug 2018  |  North America  |  Market Research

Future of Vehicle Subscription—Business Models and Opportunities in North America and Europe, 2025

Vehicle Subscription Targets 10% of New Vehicles Sales by 2025

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Frost & Sullivan defines vehicle subscription as a shared mobility service where a customer can get access to temporary vehicle ownership - usually by the month. In other words, it can be described as micro leasing a vehicle for a shorter period. It is also sometimes referred as temporary ownership via renting a new car or leasing a used car. Vehic...

Tightening emissions regulations, the Clean Vehicles Directive, and government subsidies increasingly drive European bus operators to purchase electric buses for their fleets. However, putting more electric buses on the road requires sufficient charging infrastructure. Most electric fleets operating in Europe use only depot charging or a combinatio...

Belgium’s economic growth will be supported by resilient private investment. High capacity utilization and favorable financial conditions will fuel strong private investment, although a weak labor market will affect private consumption in 2017 and 2018. Key logistics locations include Brussels, Antwerp, Liege, and Genk. In terms of the Logistics P...