Search results for: 'android ed pac terminal forecast 2024'

The global automotive product to service market will be driven by mobility, connected services, and value-added upgrades. New business model disruptions are expected and they will extend the automotive service revenue pool up to $ 1.3 trillion. Car companies are evolving from the business of merely manufacturing and selling cars, to providing relat...

US President Donald Trump imposed a 25% tariff on imports of passenger vehicles, light trucks, and certain automotive parts (engines, transmissions, powertrain parts, and electrical components, among them) on March 26, 2025. He also announced a more comprehensive set of “reciprocal tariffs,” starting at 10% on almost all goods from most countries.S...

Incentives to purchase electric light commercial vehicles (LCVs), trucks, and buses—such as subsidies, tax cuts, or even penalties on internal combustion engine (ICE) vehicles—can significantly make electric vehicles (EVs) attractive to fleets by considerably lowering the acquisition cost. Incentives also give original equipment manufacturers (OEMs...

The global automotive industry is undergoing a significant transformation, with 2025 projected to bring new developments influenced by key events in 2024. This report highlights the factors driving this transformation, including important partnerships among automakers, technology firms, and suppliers, particularly in areas such as electrification, ...

5G, with its ultra-low latency and high bandwidth vehicle connectivity, is enabling increased processing and providing an immersive experience, allowing the vehicle to be transformed into a third living space. This Frost & Sullivan report explores this transformational shift in the global passenger vehicle 5G connectivity market. 5G connectivity pr...

This Frost & Sullivan report analyzes South Korea’s automotive market, focusing on passenger vehicles and light commercial vehicles.South Korea has built a fully integrated supply chain, covering everything from manufacturing to sales and aftermarket services. The entire business cycle is continuous, designed to maximize vehicle value. The automoti...

Over 21.6 million units of light-duty electric vehicles (EVs) were sold worldwide in 2025, representing a 23.5% year-over-year (YoY) growth. Battery electric vehicles (BEVs) accounted for 66.8% of all EVs sold, while plug-in hybrid electric vehicles (PHEVs) accounted for 33.2%. The PHEV share declined by 3% in 2025. The global EV penetration in the...

This Frost & Sullivan report examines the automotive industry in China, with a focus on passenger vehicles (PVs). The segments covered include sedans, sports utility vehicles (SUVs), multipurpose vehicles (MPVs), and cross vehicles. The study also assesses China’s electric vehicle (EV) sector, including the charging and battery-swapping infrastruct...

The global automotive industry experienced dynamic transformations in 2024, driven by rapid advancements in powertrain technologies and shifting production strategies. As the industry adapts to a growing demand for electric vehicles (EVs) and hybrid powertrains, major original equipment manufacturers (OEMs) are refining their model portfolios to ca...