DELRAY BEACH, Fla., Aug. 30, 2025 /PRNewswire/ — Automotive Bearing Market for EVs is projected to rise from USD 5.81 billion in 2025 to USD 12.82 billion by 2032, at a CAGR of 11.97%, and the global automotive bearing market for ICE is projected to grow from USD 31.02 billion in 2025 to USD 31.72 billion… Continue reading Automotive Bearing Market worth $12.82 billion by 2032 | MarketsandMarkets™
Tag: Mobility
Tesla Just Published a New “Master Plan” and Um, How Do We Say This
Elon Musk’s Tesla has revealed its new “master plan” — and it’s so chock-full of meaningless corporate buzzwords, we can’t help but suspect that it was generated by an AI chatbot. The so-called “Master Plan Part IV” follows up on Musk’s preceding “master plan” installment, which underwhelmed investors back in early 2023 with a vague… Continue reading Tesla Just Published a New “Master Plan” and Um, How Do We Say This
Logistics Automation Market is Estimated to Reach USD 130.22 Billion by 2032 | SkyQuest Technology Consulting
The global logistics automation market is expanding significantly due to the expanding use of IoT platforms in supply chain management and logistics. By facilitating real-time tracking and monitoring of inventory, shipments, and equipment, IoT devices increase supply chain visibility. Additionally, integrating IoT with automation technologies facilitates seamless system-to-system communication, enhancing coordination and expediting response times.… Continue reading Logistics Automation Market is Estimated to Reach USD 130.22 Billion by 2032 | SkyQuest Technology Consulting
LEO PNT Market worth $0.57 billion by 2030 – Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., Sept. 3, 2025 /PRNewswire/ — The LEO PNT market is expected to reach USD 0.57 billion by 2030, from USD 0.07 billion in 2025, with a CAGR of 53.9% according to a new report by MarketsandMarkets™. The LEO PNT market is experiencing significant growth, driven by the increasing demand for secure, resilient,… Continue reading LEO PNT Market worth $0.57 billion by 2030 – Exclusive Report by MarketsandMarkets™
CEAT Kicks Off the Next Big Move in Off-Highway Mobility – CAMSO Brand Compact Construction Equipment Business Joins the Journey
COLOMBO, Sri Lanka, Sept. 3, 2025 /PRNewswire/ — CEAT Limited has made a substantial advancement in its Off-Highway Tyres (OHT) growth strategy by officially acquiring Michelin Group’s CAMSO Construction Compact Line Business, including their Sri Lanka-based Midigama plant and Casting Product plant in Kotugoda. This transaction also grants CEAT global ownership of the CAMSO brand,… Continue reading CEAT Kicks Off the Next Big Move in Off-Highway Mobility – CAMSO Brand Compact Construction Equipment Business Joins the Journey
“Sin goods” like luxury Cars, Bikes to be Taxed at 40%
In a slight relief, luxury car buyers have seen an effective tax rate cut down to 40%, but luxury motorcycle buyers may still need to pay more, with the GST Council approving a hike in the effective tax rate on high-end models. Under the new structure, the GST rate on motorcycles with engines above 350cc… Continue reading “Sin goods” like luxury Cars, Bikes to be Taxed at 40%
“Sin goods” like luxury Cars, Bikes to be Taxed at 40%
In a slight relief, luxury car buyers have seen an effective tax rate cut down to 40%, but luxury motorcycle buyers may still need to pay more, with the GST Council approving a hike in the effective tax rate on high-end models. Under the new structure, the GST rate on motorcycles with engines above 350cc… Continue reading “Sin goods” like luxury Cars, Bikes to be Taxed at 40%
GST Cut: Auto Industry Reactions
The following are the reactions of key auto industry stakeholders, such as manufacturers, associations, analysts and others, to the government’s move to cut GST on several categories of automobiles and components: Saurabh Agarwal, Partner & Automotive Tax Leader, EY “The rationalization of GST rates on automotive vehicles and parts is a truly welcome and significant… Continue reading GST Cut: Auto Industry Reactions
GST Cut: Auto Industry Reactions
The following are the reactions of key auto industry stakeholders, such as manufacturers, associations, analysts and others, to the government’s move to cut GST on several categories of automobiles and components: Saurabh Agarwal, Partner & Automotive Tax Leader, EY “The rationalization of GST rates on automotive vehicles and parts is a truly welcome and significant… Continue reading GST Cut: Auto Industry Reactions
GST Council cuts tax on three-wheelers to 18% from 28%
India’s GST Council on Wednesday approved a reduction in the goods and services tax on three-wheelers to 18% from the current 28%, a move set to lower costs for manufacturers and buyers in a segment vital to urban transport and last-mile logistics. The decision, announced at the 56th meeting of the GST Council chaired by… Continue reading GST Council cuts tax on three-wheelers to 18% from 28%