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28 Aug 2020  |  North America  |  Market Research

Strategic Collaborations Towards Technology Development Transforming The Global Fuel Cell Vehicles Market, 2020–2030

Establishing a Robust Refuelling Infrastructure and Lowering the Cost of H2 Production to Drive Growth Opportunities

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The automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative as they have low or zero emissions, and have come a long way to become an integral part of OEMs business strategies. Automakers like PSA and VW are creating separate E...

08 Dec 2020  |  North America  |  Market Research

Evolution of Electric Vehicle Battery Reuse and Recycling, Global Market, Forecast to 2025

NMC Batteries will become a Profitable Proposition in Terms of Recycling; LFP Batteries will have Higher Reuse Value

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China will continue to dominate the electric vehicle (EV) battery reuse and recycling market because it is the worlds largest EV market. The rising number of EVs on the road is anticipated to increase the cost of the key materials used in batteries (lithium and cobalt, for example). To reduce their dependence on the import of key materials from oth...

This research focusses on legislative measures taken by governments globally to adopt and implement high-end battery technology, and bring in new business models for private and public sectors to develop battery thermal management systems (BTMS). Private and public sectors have constantly provided investments and funding to OEMs, Tier I suppliers, ...

08 Dec 2017  |  North America  |  Market Research

Future Trends in Luxury Electric Vehicle Market in North America and Europe, 2016–2025

Evolving Dynamics in the Luxury EV Space will Push OEMs to Look into Innovative Integration of Services and Experience as a Revenue Stream in the Future

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Stringent emission regulations have pushed luxury OEMs to electrify their offerings to adhere to the standards. Although battery electric vehicles and plug-in hybrids are being touted as sustainable alternative transportation solutions, low adoption can be attributed to lack of consumer awareness and common misconceptions about electric range and e...

20 Oct 2021  |  Asia Pacific  |  Market Research

ASEAN Hybrid and Electric Vehicle Growth Opportunities

The Transformative Mega Trends Driving Energy-efficient and Electrification Technologies in Indonesia, Malaysia, and Thailand

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Major Association of Southeast Asian Nation (ASEAN) countries rely on internal combustion engine (ICE) passenger vehicles. National incomes and infrastructure development also drive motorcycles’ popularity. Hybrid and electric vehicle penetration only accounted for 0.3%, 1.3%, and 9%, respectively, in the total new passenger vehicle sales in Indone...

02 Aug 2019  |  Asia Pacific  |  Market Research

Strategic Analysis of the Electric Vehicle Charging Infrastructure in China, 2018–2025

With the Increase in the Number of Electric Vehicles, Public Charging Points in Operation are Likely to Reach 4 Million Units by 2025

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About 1.05 million units of electric vehicles (EVs) were sold in China in 2018. Battery electric vehicle (BEV) segment dominated the Chinese EV market with a 74.8% share, or sales of 788,000 units, in the year. The country is implementing the China V emission standard. Shanghai and Guangzhou are likely to pioneer the upgrade to the China VIB standa...

This research service analyzes and provides growth forecasts for 2030 for the LATAM hybrid and electric vehicles market (PHEVs, HEVs, and BEVs). By 2030, the commercialization of approximately 1 million electrified vehicles is expected in LATAM, and the total electrified vehicles in operation will be about 5.4 million. Analyzing 2030 sales by techn...

The electric vehicle (EV) market is growing rapidly and impacting the energy market and associated services. As OEMs integrate more software-defined solutions into EVs, a potential market for digital products and services (P&S) exists. EV-dedicated digital P&S allows key participants to continuously monetize these solutions through new revenue mode...

Automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative due to low or zero emissions and have come a long way to become an integral part of OEMs’ business strategies. Automakers are creating separate EV business units to be p...