NEW YORK, Nov. 30, 2022 /PRNewswire/ — Global Automotive Four-wheel Drive Vehicle Market 2023-2027 The analyst has been monitoring the automotive four-wheel drive vehicle market and it is poised to grow by 2423.33 units during 2023-2027, accelerating at a CAGR of 3.85% during the forecast period. Our report on the automotive four-wheel drive vehicle market… Continue reading The Global Automotive Four-wheel Drive Vehicle Market is expected to grow by 2423.33 units during 2023-2027, accelerating at a CAGR of 3.85% during the forecast period
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The quadricycle market is projected to grow from USD 19.1 billion to USD 35.6 billion by 2032, at a CAGR of 6.4%
NEW YORK, Nov. 30, 2022 /PRNewswire/ — The quadricycle market is projected to grow from USD 19.1 billion to USD 35.6 billion by 2032, at a CAGR of 6.4% during the forecast period. Decreased emission limits and lower operational costs lead to increased adoption of electric variants, thus driving the demand for electric quadricycles over… Continue reading The quadricycle market is projected to grow from USD 19.1 billion to USD 35.6 billion by 2032, at a CAGR of 6.4%
Tesla Heats Up Race for Universal Electric Vehicle Charge Connector
In pursuit of accelerating the world’s transition to sustainable energy, Tesla is opening its EV connector design to the world. It has invited charging network operators and vehicle manufacturers to put the Tesla charging connector and charge port, now called the North American Charging Standard (NACS), on their equipment and vehicles. Photo: Grand Canyon NPS… Continue reading Tesla Heats Up Race for Universal Electric Vehicle Charge Connector
PV OEMs to line up Rs 650 bn CAPEX over the next two years: ICRA
Buoyed by strong underlying demand and an easing up of semiconductor shortages, the demand for passenger vehicles has remained healthy since the turn of the calendar year. The PV industry wholesale volumes are expected to touch an all-time high of about 3.7-3.8 million units in FY2023, up 21-24% over the previous fiscal), aided by robust… Continue reading PV OEMs to line up Rs 650 bn CAPEX over the next two years: ICRA
Ferrari’s 1338bhp VGT concept previews future sports car design
Ferrari has previewed how its next-generation road cars could look with the release of a futuristically designed 1338bhp single-seat racing concept created exclusively for the virtual gaming world. Designed at Ferrari’s Maranello base, the aerodynamically moulded Vision Gran Turismo represent a “futuristic design manifesto” for the brand’s next-generation road and race cars. Featured exclusively –… Continue reading Ferrari’s 1338bhp VGT concept previews future sports car design
Indian banks’ loan growth to accelerate despite higher interest rates
India’s annual retail inflation eased to a three-month low of 6.77% in October, helped by a slower rise in food prices and a higher base effect. Loan growth at Indian banks will accelerate to 13% in this fiscal year despite the RBI raising interest rates, as economic activity picks up after a pandemic led lull,… Continue reading Indian banks’ loan growth to accelerate despite higher interest rates
Car sales in India set to hit record 3.8 million units in 2022
Led by the strong demand for mobility across the country and much-improved supplies of semiconductors, the Indian passenger vehicle (PV) market has scaled a new peak in the first 11 months of 2022. Cumulative sales between January and November 2022 are estimated to have crossed 3.55 million units, surpassing the previous annual peak of 3.38… Continue reading Car sales in India set to hit record 3.8 million units in 2022
Bikes with flex engine made on my insistence, major brand ethanol cars soon, says Nitin Gadkari
A strong proponent of bio-fuel, said he is coming up with a bio-CNG plant in the region as he exhorted others to set up similar ventures. Union transport minister Nitin Gadkari said that on his insistence two-wheeler majors like Hero, Bajaj and TVS have come up with bikes with flex engines, which may be on… Continue reading Bikes with flex engine made on my insistence, major brand ethanol cars soon, says Nitin Gadkari
Toyota Kirloskar to operate at full capacity in FY2024, to produce over 300,000 units
Toyota Kirloskar to operate at full capacity in FY2024, to produce over 300,000 units Riding high on the new product introductions – the Urban Cruiser Hyryder and Innova HyCross – Toyota Kirloskar Motor (TKM), the Indian subsidiary of world’s largest carmaker in volumes is eyeing record output of 300,000 units in the next financial year.… Continue reading Toyota Kirloskar to operate at full capacity in FY2024, to produce over 300,000 units
Hyundai Motor, Tata Motors and Mahindra & Mahindra in race to acquire GM India Talegaon plant
Hyundai Motor, Tata Motors and Mahindra & Mahindra in race to acquire GM India Talegaon plant With the Indian passenger vehicle market on the path to scale a new peak, three out of the country’s top four car makers – Hyundai Motor India, Tata Motors and Mahindra & Mahindra are engaged in a race to… Continue reading Hyundai Motor, Tata Motors and Mahindra & Mahindra in race to acquire GM India Talegaon plant