Luminar to invest in Geely-affiliated Ecarx, eyes China market

Luminar, the Florida-based lidar company that went public via SPAC in 2020, has formed a close alliance with an auto behemoth in China. It’s making a strategic investment of an undisclosed amount in Ecarx, an auto tech startup co-founded by Eric Li, founder of China’s largest private automaker Geely, Ecarx said on Thursday. The funding… Continue reading Luminar to invest in Geely-affiliated Ecarx, eyes China market

Lightweight Compact Wheel Loader Market is to Reach US$ 1.64 Billion by 2022, Growing At A 2.7 % CAGR Between 2022 to 2030 | Future Market Insights, Inc.

The sales of lightweight compact wheel loaders are projected to rise by 1.26x between 2022 and 2030. Europe currently leads the global lightweight compact wheel loader market, holding more than 40.4% of the total market share. India is estimated to emerge as a highly remunerative market in South Asia and Pacific. NEWARK, Del., July 21,… Continue reading Lightweight Compact Wheel Loader Market is to Reach US$ 1.64 Billion by 2022, Growing At A 2.7 % CAGR Between 2022 to 2030 | Future Market Insights, Inc.

Emergence of number of Unorganized and Online-Auto Classifieds as well as the trend toward upgrading vehicles will drive the Used Car Market in Australia: Ken Research

Consumer shift from public transport to personal vehicle amid pandemic with rising demand of used cars. Increasing awareness about buying and selling used cars through the strong advertisements and entry of new players will provide a major boost to market growth. Easy availability of credit for financing pre-owned cars along with attractive interest rates. Entry… Continue reading Emergence of number of Unorganized and Online-Auto Classifieds as well as the trend toward upgrading vehicles will drive the Used Car Market in Australia: Ken Research

The Worldwide Fuel Cell Vehicle Industry is Expected to Reach $36.8 Billion by 2030

DUBLIN, July 20, 2022 /PRNewswire/ — The “Global Fuel Cell Vehicle Market Size, Share & Trends Analysis Report by Vehicle type (Passenger Cars, LCV’s, HCV’s), by Component, by Region, and Segment Forecasts, 2022-2030” report has been added to ResearchAndMarkets.com’s offering. The global fuel cell vehicle market size is expected to reach USD 36.89 billion by… Continue reading The Worldwide Fuel Cell Vehicle Industry is Expected to Reach $36.8 Billion by 2030

Ride, Drive, & Demo Electric Vehicles at Electrify Expo in Long Island at Nassau Coliseum August 27 and 28, 2022

Attendees will experience approximately 1 million square feet of exhibits and test rides, as well as learn about EV technology and charging. Brands like BMW, Chrysler, Kia, Lexus, Polestar, Volvo, Volkswagen, and Harley-Davidson’s Livewire will be on-site, as well as iconic bike brands like Specialized, SUPER73, and others. Multiple demo courses offer attendees the opportunity… Continue reading Ride, Drive, & Demo Electric Vehicles at Electrify Expo in Long Island at Nassau Coliseum August 27 and 28, 2022

Can the auto industry accelerate sustainable production? | FT Tech

You can enable subtitles (captions) in the video player The automotive sector produces more than 10 per cent of the world’s industrial emissions. Carmakers racing to decarbonise and meet net-zero goals have focused on electrifying powertrains. But while electric cars produce less emissions than petrol or diesel models when driven, the production lines and parts… Continue reading Can the auto industry accelerate sustainable production? | FT Tech

The Rising Adoption Of IoT In The Automotive Sector Accelerates The Internet Of Things Market Growth

The Business Research Company’s internet of things (IoT) market research report expands on key drivers, trends, and growth opportunities in the market. LONDON, July 19, 2022 /PRNewswire/ — The application of IoT in various industries, such as the automotive industry, is driving the growth of the global IoT market. The introduction of IoT in the automotive… Continue reading The Rising Adoption Of IoT In The Automotive Sector Accelerates The Internet Of Things Market Growth