Global Electric Van Market and Electric Truck Market to Reach USD 104.29 Billion and USD 6460.9 Million by 2030, Respectively, Driven by Supportive Government Initiatives for EV Adoption, States Kings Research

DUBAI, UAE, Jan. 5, 2024 /PRNewswire/ —  Part I: Global Electric Van Market Report 2023-2030: As per the latest report published by Kings Research, the global Electric Van Market size was recorded at USD 15.64 billion in 2022 and is estimated to grow to USD 104.29 billion by 2030, exhibiting a 26.76% CAGR over the… Continue reading Global Electric Van Market and Electric Truck Market to Reach USD 104.29 Billion and USD 6460.9 Million by 2030, Respectively, Driven by Supportive Government Initiatives for EV Adoption, States Kings Research

Global Off-Highway Vehicle Telematics Market, 5th Edition – Insights from 30 Executive Interviews with Market-Leading Companies

DUBLIN, Jan. 4, 2024 /PRNewswire/ — The “Global Off-Highway Vehicle Telematics Market – 5th Edition” report has been added to ResearchAndMarkets.com’s offering. The Global Off-Highway Vehicle Telematics Market is the fifth consecutive report analysing the latest developments on the market for telematics solutions used in the construction, mining, agriculture and forestry sectors.  This report covers the latest… Continue reading Global Off-Highway Vehicle Telematics Market, 5th Edition – Insights from 30 Executive Interviews with Market-Leading Companies

Europa Wire: EIB Supports Volvo’s €420 Million Initiative for Cutting-Edge Electric Vehicle Platform000919

EIB Supports Volvo’s €420 Million Initiative for Cutting-Edge Electric Vehicle Platform ©Volvo Car Corporation (IN BRIEF) Volvo Car Corporation has secured a €420 million loan from the European Investment Bank (EIB) to support the development of an all-electric vehicle platform. This financing covers research and development, software development, and advanced manufacturing technologies for electric vehicles.… Continue reading Europa Wire: EIB Supports Volvo’s €420 Million Initiative for Cutting-Edge Electric Vehicle Platform000919

Global Crawler Dozers Strategic Market Report 2022-2024 and 2030 – Exciting Variants of Crawler Loaders to Streamline Operations at Construction Sites

DUBLIN, Jan. 4, 2024 /PRNewswire/ — The “Crawler Dozers – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. Global Crawler Dozers Market to Reach $22.8 Billion by 2030 The global market for Crawler Dozers estimated at US$14.8 Billion in the year 2022, is projected to reach a revised size of US$22.8 Billion by 2030,… Continue reading Global Crawler Dozers Strategic Market Report 2022-2024 and 2030 – Exciting Variants of Crawler Loaders to Streamline Operations at Construction Sites

Bumper Closes $48M Funding Round

Bumper, a London, UK-based fintech company enabling flexible payments for car repairs, raised $48M in funding. The round, which brought the total amount to $64M, was led by Autotech Ventures, with investment from Shell Ventures, JLR’s InMotion Ventures, Porsche Ventures and Revo Capital. The company intends to use the funds to accelerate its growth. Led… Continue reading Bumper Closes $48M Funding Round

Autonomous delivery startup Nuro taps simulation company Foretellix to cut R&D costs

Autonomous delivery startup Nuro has struck a deal with safety-focused software company Foretellix to help with virtual testing of its automated driving system, in a bid to cut R&D costs while still pushing the technology forward. The partnership, which the companies are set to announce later Thursday, comes in the wake of a tumultuous stretch… Continue reading Autonomous delivery startup Nuro taps simulation company Foretellix to cut R&D costs

General Motors (GM) Logs Strong Growth in US Sales in 2023

In 2023, General Motors GM sold 2.6 million vehicles in the United States, representing an uptick of 14% year over year. The automaker led the industry in total sales and was a top seller of trucks, full-size pickups, full-size sport utility vehicles (“SUVs”), affordable SUVs and fleet vehicles. GM’s total market share grew 0.3 percentage… Continue reading General Motors (GM) Logs Strong Growth in US Sales in 2023

Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024

Efforts to fight global warming could suffer a setback next year when new rules reduce the number of electric cars that qualify for a federal tax credit. The credits, up to $7,500 a vehicle, have helped make electric cars more affordable, bringing the cost of some models below $30,000. Next year, for the first time,… Continue reading Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024

GM is giving a $7,500 incentive on EV models that lost tax credit eligibility

GM is offering a $7,500 incentive for EVs that lost eligibility for the EV tax credit. This comes after several GM electric models were excluded, starting this week. GM to give $7,500 incentive for non-qualifying EVs Two weeks ago, GM said the new Chevy Blazer EV and Cadillac Lyriq would lose eligibility for the US… Continue reading GM is giving a $7,500 incentive on EV models that lost tax credit eligibility