Search results for: 'service revenue m13e'

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...

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...

Battery swap services are emerging solutions in China and the world. They provide quick battery replacement in 3-10 minutes. In addition, in comparison to traditional charging solutions, they offer significant time savings. Charging solutions in the Chinese electric vehicle (EV) market are being revolutionized. The government encourages the use ...

Europe continues to be the leading market for electric vehicles. BEVs are considered ‘clean’ innovations where tech gadgets render high-tech attributes when compared to ICEs. Frost & Sullivan assessed new customer attitudes and preferences for alternative vehicles and powertrains by vehicle segment and key demographics. Frost & Sullivan carried out...

31 Mar 2021  |  South Asia, Middle East & North Africa  |  Market Research

Digitization Powers the Indian Passenger Vehicle Industry, Outlook 2021

New Business Models Involving Virtual Showrooms, Online Platforms, and Subscription Services Create Growth Opportunities

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Indias automotive industry is one of the 5 largest in the world. Currently, the countrys passenger vehicle (PV) sector accounts for nearly 7.5% of gross domestic product (GDP) and nearly 49.0% of manufacturing GDP. In the recent past, the Indian PV industry took a massive qualitative jump as vehicles became increasingly safer and environment-friend...

10 Dec 2020  |  Europe  |  Market Research

Strategic Analysis of the Electric Vehicle Market in Norway

The Benchmark for EV Adoption

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The automotive industry is rapidly evolving in terms of technology and tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative as they have low or zero emissions and are becoming an integral part of the OEMs business strategies. Automakers are creating separate EV business units to prepare for the ex...

23 Dec 2020  |  South Asia, Middle East & North Africa  |  Frost Radar

Frost Radar™: Indian Passenger and Commercial Vehicle Tyre Market, 2020

A Benchmarking System to Spark Companies to Action—Innovation That Fuels New Deal Flow and Growth Pipelines

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The Indian automotive tyre market is one of the largest in the world. Its value was estimated at $8,081 million as of FY20, including the original equipment (OE) supply, aftermarket, and exports. The passenger vehicle (PV) and commercial vehicle (CV) tyre segments together contribute almost 40% to the overall volume. These two segments are the bigg...

Environmental concerns resulting from the increasingly apparent climate change effects drive the worldwide adoption of sustainable transportation. With governments phasing out vehicles that run on fossil fuels through stringent emissions regulations, people are purchasing electric vehicles (EVs) in significant numbers. The global EV market recorded...

Industry-wide fleet average CO2 emission targets for 2025 have been set to be 15% lower than 2020 levels, while 2030 levels will be 37.5% lower than 2020 levels. These targets are more stringent and are for cars only (separate targets are set for LCVs). Once the focus area for emission reduction, developments in IC engines no longer play an inte...