Category: Automotive

Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, April 7, 2023 /PRNewswire/ — Industrial Vehicles Market size will grow to USD 49.2 billion by 2028 (forecast year) from USD 39.7 billion in 2023 (estimated year), at a CAGR of 4.4% during 2023-2028 period, according to a new report by MarketsandMarkets™. Factors such as growing e-commerce industry, paired with increasing focus on workplace safety are expected… Continue reading Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™

Aggregator policy in final lap, only electric cabs in Delhi by 2030

The draft has provisions for phasing out the existing cabs in a phased manner. NEW DELHI: Delhi is likely to see only electric cabs by 2030 with the transport department planning to make the transition to the cleaner fuel in a phased manner. Under the aggregator policy, which will be passed soon, all cab companies,… Continue reading Aggregator policy in final lap, only electric cabs in Delhi by 2030

Compact SUVs & EVs get a demand boost

Retailers said the change in customers preference towards compact SUVs and EVs is now driving the automobile sector. Indore: The shift in consumers’ choice has led to a rise in demand for compact sport utility vehicles (SUV’s) in Indore lifting sales in the automobile segment though two-wheeler sales failed to pick up amid financing issues… Continue reading Compact SUVs & EVs get a demand boost

E-vehicle charging unit set up at Kolkata’s Alipore parkomat, 2 more soon

The rate has been fixed at Rs 12 per kilowatt and Hidco itself will operate the charging unit. Hidco on Thursday installed a 24-hour electric vehicle charging unit at Sampanna parkomat at Alipore. Officials said there are plans to set up two more EV charging stations at the parkomat soon, which will be able to… Continue reading E-vehicle charging unit set up at Kolkata’s Alipore parkomat, 2 more soon

Valeo bags new biz for third-gen LiDAR, crosses billion euros in orders

Valeo, the global leader in ADAS, has announced that its SCALA 3 LiDAR (light detection and ranging) has been chosen by a leading Asian manufacturer and an American robotaxi company. Valeo states that it has now registered orders worth more than a billion euros (Rs 8.788 crore) for SCALA 3. According to the French component and auto component… Continue reading Valeo bags new biz for third-gen LiDAR, crosses billion euros in orders

J&T Express Celebrates Its Fourth Anniversary in Thailand

BANGKOK, April 7, 2023 /PRNewswire/ — J&T Express, a global logistics service provider, celebrated its fourth anniversary in Thailand themed “Parcel Story of 4ever Friendship”. Continue Reading J&T Express Celebrates Its Fourth Anniversary in Thailand Since its launch in Thailand in March 2019, J&T Express has quickly grown into a leading delivery service provider. Through its… Continue reading J&T Express Celebrates Its Fourth Anniversary in Thailand

Unmanned Traffic Management (UTM) Market Size to Grow USD 3.1 Billion by 2031 at a CAGR of 15.7% | Valuates Reports

BANGALORE, India, April 6, 2023 /PRNewswire/ — The Global Unmanned Traffic Management Market is Segmented by Component (Hardware, Software), by Application (Agriculture and Forestry, Logistics and Transportation, Surveillance and Monitoring), by End User (Drone Operators or Pilots, Recreational Users, Airports, Emergency Service and Local Authorities): Global Opportunity Analysis and Industry Forecast, 2021-2031. It is published in Valuates… Continue reading Unmanned Traffic Management (UTM) Market Size to Grow USD 3.1 Billion by 2031 at a CAGR of 15.7% | Valuates Reports