Electric Powertrain Market worth $230.5 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 31, 2023 /PRNewswire/ — Electric Powertrain Market is projected to reach USD 230.5 billion by 2030 from USD 96.7 billion in 2023, at a CAGR of 13.2% from 2023 to 2030, according to a new report by MarketsandMarkets™. The electric powertrain market is driven by growing demand for electric vehicles which in turn is influenced by… Continue reading Electric Powertrain Market worth $230.5 billion by 2030 – Exclusive Report by MarketsandMarkets™

Magna to Launch Industry-First Award With Modular eDecoupling Unit for BEVS

First-to-market bolt-on stand-alone solution for BEVs Launching on multiple vehicles of a German premium automaker New application contributes significantly to increasing electric driving range AURORA, Ontario, Aug. 01, 2023 (GLOBE NEWSWIRE) — Magna is dedicated to advancing its electric driveline systems and powertrain technologies by prioritizing efficiency, safety, dynamics, and convenience. Demonstrating its commitment to… Continue reading Magna to Launch Industry-First Award With Modular eDecoupling Unit for BEVS

Magna to Launch Industry-First Award With Modular eDecoupling Unit for BEVS

Magna International Inc. Magna eDecoupling Unit Magna’s new eDecoupling unit will be produced in Lannach, Austria. First-to-market bolt-on stand-alone solution for BEVs Launching on multiple vehicles of a German premium automaker New application contributes significantly to increasing electric driving range AURORA, Ontario, Aug. 01, 2023 (GLOBE NEWSWIRE) — Magna is dedicated to advancing its electric… Continue reading Magna to Launch Industry-First Award With Modular eDecoupling Unit for BEVS

Zacks Industry Outlook Highlights Magna International, Lear, Autoliv and Gentex

For Immediate Release Chicago, IL – August 1, 2023 – Today, Zacks Equity Research discusses Magna International MGA, Lear Corp. LEA, Autoliv, Inc. ALV and Gentex Corp. GNTX. Industry: Auto Equipment Link: https://www.zacks.com/commentary/2129858/4-picks-from-the-robust-auto-equipment-industry-to-fuel-your-gains The Zacks Automotive – Original Equipment industry is poised for growth due to pent-up vehicle demand and improved inventory levels. Adapting to… Continue reading Zacks Industry Outlook Highlights Magna International, Lear, Autoliv and Gentex

Zacks Industry Outlook Highlights Magna International, Lear, Autoliv and Gentex

For Immediate Release Chicago, IL – August 1, 2023 – Today, Zacks Equity Research discusses Magna International MGA, Lear Corp. LEA, Autoliv, Inc. ALV and Gentex Corp. GNTX. Industry: Auto Equipment Link: https://www.zacks.com/commentary/2129858/4-picks-from-the-robust-auto-equipment-industry-to-fuel-your-gains The Zacks Automotive – Original Equipment industry is poised for growth due to pent-up vehicle demand and improved inventory levels. Adapting to… Continue reading Zacks Industry Outlook Highlights Magna International, Lear, Autoliv and Gentex

Zacks Industry Outlook Highlights Magna International, Lear, Autoliv and Gentex

For Immediate Release Chicago, IL – August 1, 2023 – Today, Zacks Equity Research discusses Magna International MGA, Lear Corp. LEA, Autoliv, Inc. ALV and Gentex Corp. GNTX. Industry: Auto Equipment Link: https://www.zacks.com/commentary/2129858/4-picks-from-the-robust-auto-equipment-industry-to-fuel-your-gains The Zacks Automotive – Original Equipment industry is poised for growth due to pent-up vehicle demand and improved inventory levels. Adapting to… Continue reading Zacks Industry Outlook Highlights Magna International, Lear, Autoliv and Gentex

Magna to Launch Industry-First Award With Modular eDecoupling Unit for BEVS

First-to-market bolt-on stand-alone solution for BEVs Launching on multiple vehicles of a German premium automaker New application contributes significantly to increasing electric driving range AURORA, Ontario, Aug. 01, 2023 (GLOBE NEWSWIRE) — Magna is dedicated to advancing its electric driveline systems and powertrain technologies by prioritizing efficiency, safety, dynamics, and convenience. Demonstrating its commitment to… Continue reading Magna to Launch Industry-First Award With Modular eDecoupling Unit for BEVS

People Digest: Apollo partner to join CVC; Aquila Clean Energy names ANZ region head

Apollo Global Management’s India partner Nikhil Gahrotra is reportedly joining CVC Capital while  Aquila Clean Energy APAC has appointed Dennis Freedman as the managing director for the ANZ region. Apollo Global India partner to join CVC Capital Nikhil Gahrotra, a partner at Apollo Global Management Inc in India, will leave the company to join alternative… Continue reading People Digest: Apollo partner to join CVC; Aquila Clean Energy names ANZ region head

How EVs are upending the 100-year-old auto supply chain

Companies that make parts for internal combustion engines are facing a harsh future.  Revenues for internal combustion engines, as well as fuel and exhaust systems, are expected to decline 44% through 2027, according to the 2023 Deloitte Automotive Supplier Study. Meanwhile, revenues for electric drivetrains and batteries or fuel cells are expected to rise 245%,… Continue reading How EVs are upending the 100-year-old auto supply chain

4 Picks From the Robust Auto Equipment Industry to Fuel Your Gains

The Zacks Automotive – Original Equipment industry is poised for growth due to pent-up vehicle demand and improved inventory levels. Adapting to the shift toward electric and self-driving cars requires industry players to invest in research and development. The rise of new technologies and increased demand for electrified and autonomous vehicles reflect encouraging prospects. Effective… Continue reading 4 Picks From the Robust Auto Equipment Industry to Fuel Your Gains