The cheapest electric cars available in the UK

Electric cars come in all shapes and sizes, and the focus on battery-powered models is sharper than ever. For many drivers looking to make the switch from petrol, price is paramount. If you’re one of them, this list of the cheapest electric cars should be your bible. Many drivers consider electric cars to be expensive… Continue reading The cheapest electric cars available in the UK

BEV sales in Europe take the slow lane in July, BMW tops for the first time

Demand for cars in Europe increased marginally by 2% last month compared to July 2023. JATO Dynamics’ data for 28 European markets revealed that a total of 1.03 million units were sold in the region, taking the number of year-to-date new car registrations to almost 7.9 million units. Growth was particularly prominent in Poland (+19%),… Continue reading BEV sales in Europe take the slow lane in July, BMW tops for the first time

Electric Vehicle Power Inverter Market to Expand by USD 9.1 Billio (2024-2028) Driven by BEV and PHEV Sales Growth, AI Impact on Trends- Technavio Report

NEW YORK, Aug. 23, 2024 /PRNewswire/ — The global electric vehicle (EV) power inverter market  size is estimated to grow by USD 9.13 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 9.45%  during the forecast period.  Increasing sales of bevs and phevs is driving market growth, with a trend towards in-wheel… Continue reading Electric Vehicle Power Inverter Market to Expand by USD 9.1 Billio (2024-2028) Driven by BEV and PHEV Sales Growth, AI Impact on Trends- Technavio Report

The National Association of Minority Automobile Dealers and S&P Global Mobility Honor the Power of Multicultural Vehicle Buyers Through the Ninth Annual Diversity Volume Leadership Awards

Toyota RAV-4 Named “Top Overall Future Majority Vehicle” MIAMI, Aug. 23, 2024 /PRNewswire/ — The Ninth Annual Diversity Volume Leadership Awards (DVL) were recently presented by the National Association of Minority Automobile Dealers (NAMAD) and S&P Global Mobility during the awards program at the 2024 Annual NAMAD Conference at the Fontainebleau Miami Beach Hotel. The… Continue reading The National Association of Minority Automobile Dealers and S&P Global Mobility Honor the Power of Multicultural Vehicle Buyers Through the Ninth Annual Diversity Volume Leadership Awards

AI’s Impact on Industrial Robotics Services Market, Projected Growth of USD 7.46 Billion (2024-2028) Amid Rising Demand – Technavio Report

NEW YORK, Aug. 23, 2024 /PRNewswire/ — The global industrial robotics services market size is estimated to grow by USD 7.46 billionn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.59%  during the forecast period. Surge in demand for industrial robots is driving market growth, with a trend towards technological innovations… Continue reading AI’s Impact on Industrial Robotics Services Market, Projected Growth of USD 7.46 Billion (2024-2028) Amid Rising Demand – Technavio Report

BYD surges past Honda and Nissan’s sales for the first time, targets Ford with low-cost EVs

China’s leading EV maker, BYD, sold more vehicles than Honda and Nissan for the first time in the second quarter. BYD is now the world’s seventh-largest automaker. With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. Affordable EVs driving demand According to MarkLines (via Nikkei), BYD’s new vehicle sales climbed… Continue reading BYD surges past Honda and Nissan’s sales for the first time, targets Ford with low-cost EVs

Short-Seller Retreat Bodes Well for BYD Shares Ahead of Earnings

(Bloomberg) — Short-sellers are losing conviction on bets against BYD Co. shares, which may continue to outperform other Chinese electric-vehicle stocks if its results next week are as good as expected. Most Read from Bloomberg Short interest in BYD’s Hong Kong-listed shares has dropped to 1.4% as of Aug. 21 from a high of 7.7%… Continue reading Short-Seller Retreat Bodes Well for BYD Shares Ahead of Earnings

AI Impact on Elevator And Escalator Market In India growth, set to increase by USD 913.2 million from 2024-2028, Growing number of high-speed metro projects to boost the revenue, Technavio

NEW YORK, Aug. 22, 2024 /PRNewswire/ — The global elevator and escalator market in India size is estimated to grow by USD 913.2 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 9.45% during the forecast period. Growing number of high-speed metro projects is driving market growth, with… Continue reading AI Impact on Elevator And Escalator Market In India growth, set to increase by USD 913.2 million from 2024-2028, Growing number of high-speed metro projects to boost the revenue, Technavio

Maruti Suzuki to introduce its own strong hybrid powertrain in the future

Maruti Suzuki has confirmed that it will have its own strong hybrid powertrain in its future models, specifically its low and mid level models. The brand will continue using Toyota’s hybrid tech on the higher end models like the Grand Vitara and the Invicto.  An all-new three row SUV based on the Grand Vitara will also… Continue reading Maruti Suzuki to introduce its own strong hybrid powertrain in the future

Tamil Nadu CM M.K. Stalin Inaugurates Renault Nissan Technology & Business Centre India Workspace in Chennai

Tamil Nadu Chief Minister M.K. Stalin, virtually inaugurated the Renault Nissan Technology & Business Centre India Workspace, in Chennai.  The virtual inauguration ceremony took place at The Leela Palace, Chennai with Honourable Tamil Nadu Chief Minister on stage along with Akira Hanzawa, Senior Vice President – Nissan Engineering & Costing, Renault Nissan Tech and Eva James,… Continue reading Tamil Nadu CM M.K. Stalin Inaugurates Renault Nissan Technology & Business Centre India Workspace in Chennai