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Automotive sales in 2021 continued the seismic shift to electric vehicles (EV) that began in 2020, defying even the most bullish estimates as global EV sales grew by more than 100% year over year (YoY) with close to 6.7 million units sold to achieve 8.9% penetration in the passenger car market. China and Europe led the way, closely followed by the ...

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...

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...

Intelligent Mobility Japan, 2020 is a virtual summit organized by Frost & Sullivan on November 24 and 25, 2020. This is a 2-day interactive conference, which hosted on a unique virtual platform to discuss and evaluate Growth Opportunities in new Mobility Business models covering Personal and Public Transport Systems. The conference presenters inc...

This research service covers the North American battery show, offering insights into topics, such as the presenters, and the key interest areas of electrified mobility, from components, such as a battery, to a vehicle level. It is the most comprehensive and the largest battery manufacturing trade show to showcase advanced battery technology for ...

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...

The widespread adoption of electric vehicles (EVs) has increased the need for efficient battery solutions, augmented safety, and an extended life span. To date, lithium-ion (Li-ion) batteries have been predominantly used in electric powertrain; however, the adoption of Li-ion battery chemistries such as nickel cobalt aluminum oxide (NCA), nickel ma...

By 2025, over 2 million electric vehicles (EVs) are expected to be sold only in the US. Consumers now prefer EVs over ICEs owing to fast developing charging network across the US. There is an opportunity for both AC and DC charging network expansion and traditional business models are not sufficient anymore. Unlike fuel stations, with respect to EV...

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...