UAE’s EV and EV Charging Equipment Market: Set for Explosive Growth to USD 1.77 Billion by 2028

Comprehensive Insights by Ken Research  GURUGRAM, India, Feb. 5, 2024 /PRNewswire/ — Ken Research unveils an extraordinary projection for the UAE’s EV and EV Charging Equipment Market, forecasting its growth to USD 1.77 billion by 2028, a notable CAGR of 23.7% from 2023. This surge marks a pivotal shift in the UAE’s approach to sustainable transportation and… Continue reading UAE’s EV and EV Charging Equipment Market: Set for Explosive Growth to USD 1.77 Billion by 2028

Kia welcomes credit rating upgrade to A3 by Moody’s Investors Service

SEOUL, South Korea, Feb. 6, 2024 /PRNewswire/ — Kia Corporation today welcomed Moody’s Investors Service (Moody’s) upgrade of the company’s corporate rating to A3 with a stable outlook from a previous rating of Baa1 with a positive outlook. According to the report from Moody’s, the rating upgrade reflects Kia’s continued profitability and balance sheet improvements,… Continue reading Kia welcomes credit rating upgrade to A3 by Moody’s Investors Service

Hyundai Motor Welcomes Credit Rating Upgrade to A3 by Moody’s Investors Service

SEOUL, South Korea, Feb. 6, 2024 /PRNewswire/ — Hyundai Motor Company today welcomed Moody’s Investors Service (Moody’s) upgrade of the company’s corporate rating to A3 with a stable outlook from a previous rating of Baa1 with a positive outlook. According to the report from Moody’s, the rating upgrade reflects Hyundai Motor’s continued profitability and balance sheet… Continue reading Hyundai Motor Welcomes Credit Rating Upgrade to A3 by Moody’s Investors Service

Upcoming car launches: February 2024 and beyond

The first month of 2024 has already seen 18 new car launches, which is no small number by any means, and it doesn’t seem like carmakers are slowing down much. There are at least 8 new cars that are expected to launch in India in the next few months, and the models being brought in… Continue reading Upcoming car launches: February 2024 and beyond

Automotive Airbag Sensor Market to grow by USD 220.4 million from 2022 to 2027; Increasing use of MEMS sensors for airbags to be a major trend – Technavio

NEW YORK, Feb. 6, 2024 /PRNewswire/ — The automotive airbag sensor market is estimated to grow by USD 220.4 million from 2022 to 2027, growing at a CAGR of 6.36%. The market is witnessing a surge in Micro-Electro-Mechanical Systems (MEMS) sensors, enhancing vehicle safety and performance. MEMS sensors detect minute environmental changes both inside and outside the vehicle,… Continue reading Automotive Airbag Sensor Market to grow by USD 220.4 million from 2022 to 2027; Increasing use of MEMS sensors for airbags to be a major trend – Technavio

New Kia Seltos bookings exceed 100,000, automatics account for 50%

Bookings for the facelifted Kia Seltos, which was launched in July 2023 with prices starting from Rs 10.99 lakh (ex-showroom), have crossed the 100,000 mark. According to Kia India, the premium automatic transmission-equipped Seltos variants have emerged as the top choice amongst the buyers for the midsize SUV and account for 50% of the total… Continue reading New Kia Seltos bookings exceed 100,000, automatics account for 50%

Clean Technica: BYD #1 In World In Plugin Vehicle Sales In 2023003231

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! In the last stage of the 2023 race, BYD had another record month, this time with 321,000 registrations. It again beat Tesla, which had 195,265 deliveries. Below the two galactics, the SGMW joint venture was 3rd in the last… Continue reading Clean Technica: BYD #1 In World In Plugin Vehicle Sales In 2023003231

Clean Technica: Tesla Sales In California Down 10% In 4th Quarter003228

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Reuters reports that registrations of Tesla vehicles in California dropped 10 percent in the last quarter of 2023. That is the first time sales of Tesla automobiles have fallen in the Golden State, which is ground zero for the… Continue reading Clean Technica: Tesla Sales In California Down 10% In 4th Quarter003228

Cleantechnica: EVs At 93.9% Share In Norway — Record High 003227

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! January saw plugin EVs at 93.9% share in Norway, a new record high. All non-BEV powertrains faced higher taxes from January 1st, and saw a hangover in sales, following December’s pull forward. Overall auto volume was subdued, at 5,122… Continue reading Cleantechnica: EVs At 93.9% Share In Norway — Record High 003227

Tesla Has Lost Its Range Crown to a Chinese EV You’ve Never Heard Of

There were a good few other poor results for car brands independently tested at the winter El Prix 2024. Let’s look at the losses in terms of percentage. This way, we can see more clearly how a car has fallen short of its WLTP range and not be distracted by the EVs with the biggest… Continue reading Tesla Has Lost Its Range Crown to a Chinese EV You’ve Never Heard Of