Search results for: 'incentives'

03 Mar 2020  |  Asia Pacific  |  Market Research

Analysis of the Chinese Mobility Market, Forecast to 2025

China to Solidify Its Leadership in eLCV Sales with Increasing Subsidies for FCVs and New Model Launches by 2025

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The global automotive industry is currently facing several cyclical and structural challenges, and China is no exception to these changes, as its automotive market has been experiencing prolonged negative growth since 2018. China has been the world's largest automobile market and one of the most reliable engines of global growth for the past decad...

30 Dec 2015  |  Europe  |  Market Research

Turkish Solar Power Market

Small-scale Installments Driving Momentum

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The Turkish solar power market is at an early growth stage, and high future growth is promising. In terms of irradiation rates, solar power in Turkey is expected to grow rapidly in the medium term. Government incentives such as guarantees of purchase and feed-in-tariffs are the main drivers for the market. The government has made efforts to overcom...

In India, thermal cameras are seeing moderate demand in the test and measurement (T&M) industry. Traditionally, these cameras have been used in defense, healthcare, and firefighting (surveillance purposes); today, the focus has moved to industrial segments, and thermal cameras are used for detection, monitoring, inspection, and testing purposes. Te...

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...

The Indian economy was forecast to record an 11.3% growth in 2021-22, based on prevailing conditions in March 2021. Since then, however, the economic outlook has changed with the start of the 2nd wave of COVID-19. Consequently, a 9.4% growth is anticipated in 2021-22. However, this forecast is subject to changes based on the evolution of the 2nd wa...

The automotive industry is rapidly evolving in terms of technology and tackling environmental issues. Electric vehicles 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 are creating separate EV business units to prepare ...

12 Nov 2020  |  Europe  |  Market Research

Strategic Analysis of the Belgium EV Market

A Nascent Market with Big Potential

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The automotive industry is evolving rapidly. Electric vehicles have been introduced as a clean energy initiative and are now becoming an integral part of OEMs business strategies. Automakers like Volkswagen, Hyundai-Kia, and RNM are creating separate EV business units to be prepared for the expected EV boom. The surge in EV demand will, however, cr...

After three years under combat operations, the end of Iraq’s war against the Islamic State (ISIS) encourages the country’s reconstructionand economic reformation. As a result of healthy foreign international reserves, limited restrictions on cross-border fund transfers as well as an attractive legal framework that provides greater protection and in...

India recorded a significant dip in E3W sales in FY 2021 compared to FY 2020 due to the pandemic, which affected vehicle sales worldwide. However, the country registered growth in the E3W cargo segment in FY 2021 over FY 2020 because the pandemic created a demand for last-mile services and the e-commerce segment. Home-based charging, semi-public...