Category: Automotive

Automated Fare Collection Market to Reach $28.88 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, April 20, 2023 /PRNewswire/ — The global automated fare collection market size is expected to reach USD 28.88 billion by 2030, expanding at a CAGR of 14.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. The automated fare collection industry growth can be attributed to the increasing… Continue reading Automated Fare Collection Market to Reach $28.88 Billion by 2030: Grand View Research, Inc.

Companies In The Electric Vehicle Traction Motor Market Are Focusing on Adopting Sustainable Manufacturing Processes – By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, April 20, 2023 /PRNewswire/ — As per The Business Research Company’s Electric Vehicle Traction Motor Global Market Report 2023, the global electric vehicle traction motor market size will grow from… Continue reading Companies In The Electric Vehicle Traction Motor Market Are Focusing on Adopting Sustainable Manufacturing Processes – By The Business Research Company

Automotive Composites Market worth $14.3 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, April 20, 2023 /PRNewswire/ — The report “Automotive Composites Market by Fiber Type (Glass, Carbon), Resin Type (Thermoset, Thermoplastic), Manufacturing Process (Compression Molding, Injection Molding, Rtm), Application, Vehicle Type, Region – Global Forecast to 2028″, is projected to grow from USD 7.2 billion in 2022 to USD 14.3 billion by 2028, at a CAGR of 12.1% during… Continue reading Automotive Composites Market worth $14.3 billion by 2028 – Exclusive Report by MarketsandMarkets™

Powering up: 282% increase in sale of e-vehicles last fiscal, reveals RTO data

E-vehicles are a good option for those traveling 90 km per day. “Even the cost difference between petrol and e-vehicles is somewhere between INR 30,000 and INR 40,000. Nagpur: The sale of electric vehicles recorded a 282% rise in the last financial year, revealed data obtained from regional transport office (Nagpur city and deputy RTO… Continue reading Powering up: 282% increase in sale of e-vehicles last fiscal, reveals RTO data

BMW’s Mini apologises over Shanghai Auto Show’s ice cream ‘discrimination’

Mini representatives told AFP that ice cream stocks had been running low and so hostesses had stopped distributing them to visitors. Car brand Mini apologised Thursday over accusations of discrimination at the Shanghai Auto Show after a video apparently showed staff at its booth handing free ice cream to a foreigner after refusing it to… Continue reading BMW’s Mini apologises over Shanghai Auto Show’s ice cream ‘discrimination’

Need high security no. plate makers

Major demand right now is that the government should also introduce an online registration system for commercial vehicles to facilitate dealers and customers. Nashik: The Maharashtra unit of the Federation of Automobile Dealers Association (FADA) has sought intervention of the state transport department to impress upon vehicle manufacturers the need for increasing the number of… Continue reading Need high security no. plate makers

Maruti Suzuki India issues recall for 7,213 Baleno RS due to brake part defect

Maruti Suzuki, India’s top car manufacturer, has announced to recall 7,213 units of the Baleno RS manufactured between October 27, 2016 and November 1, 2019. The recall is due to a possible defect in the vacuum pump that assists the brake function. Affected vehicle owners will receive communication from Maruti Suzuki’s authorized dealer workshops for… Continue reading Maruti Suzuki India issues recall for 7,213 Baleno RS due to brake part defect