China’s electric car drive, led by BYD, leaves global brands behind

In China’s premium market, with prices between about USD 52,500 and USD 60,000, electric-drive cars are already the best sellers. China‘s auto market, the world’s largest, is accelerating toward an electric future – leaving established global brands stuck in the slow lane. When auto executives convene in Shanghai for the auto show starting Tuesday, they… Continue reading China’s electric car drive, led by BYD, leaves global brands behind

Nissan, VW, Rivian, BMW lose access to U.S. EV tax credits

(Reuters) — The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. The Treasury said the new requirements effective Tuesday will also cut by half credits for the Tesla Model 3 Standard Range Rear Wheel Drive to… Continue reading Nissan, VW, Rivian, BMW lose access to U.S. EV tax credits

Global Cargo Handling Equipment Market to 2031: Increasing Government Expenditure on Port Infrastructure Drives Growth

DUBLIN, April 17, 2023 /PRNewswire/ — The “Cargo Handling Equipment Market By Equipment Type, By Propulsion Type, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering. The global cargo handling equipment market was valued at $28,517.6 million in 2021, and is projected to reach $48,246.4 million by 2031, registering… Continue reading Global Cargo Handling Equipment Market to 2031: Increasing Government Expenditure on Port Infrastructure Drives Growth

Shanghai motor show 2023: full report and gallery

Mini Aceman EV is electric-only Clubman replacement Limited to just 150 models in the UK and 999 in Europe, the Mini Electric Convertible will be available for the public to see for the first time in Shanghai. The £52,500 soft-top will sit on the same platform as the regular hatchback, so expect a 181bhp single-motor… Continue reading Shanghai motor show 2023: full report and gallery

VW, Rivian, Nissan, BMW lose access to U.S. EV tax credits, article with gallery

April 17 (Reuters) – The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. The Treasury said the new requirements effective Tuesday will also cut by half credits for the Tesla (TSLA.O) Model 3 Standard Range Rear… Continue reading VW, Rivian, Nissan, BMW lose access to U.S. EV tax credits, article with gallery

Automotive market size in Singapore to grow by 18,191 actual units between 2022 and 2027; Growth driven by demand for economical and low-pollution vehicles – Technavio

NEW YORK, April 17, 2023 /PRNewswire/ — The automotive market in Singapore is estimated to grow by 18,191 actual units from 2022 to 2027. The growth momentum will be progressing at a CAGR of 6.03% during the forecast period. The market is segmented by propulsion (IC engine-based vehicles and electric vehicles), vehicle type (passenger cars and commercial vehicles),… Continue reading Automotive market size in Singapore to grow by 18,191 actual units between 2022 and 2027; Growth driven by demand for economical and low-pollution vehicles – Technavio

@Nissan: Nissan electrifies the Commercial Vehicle Show with the Townstar EV: the centrepiece of its All-Star LCV lineup001026

Nissan’s All-Star LCV line-up, including the all-new electric Townstar compact van, heading to the Commercial Vehicle Show. With the LCV market expected to shift rapidly towards electrification, Nissan is ready to help businesses future-proof their operations. Visit the Nissan stand 5A52 in Hall 5 of the show. The all-new electric Townstar will take centre-stage as… Continue reading @Nissan: Nissan electrifies the Commercial Vehicle Show with the Townstar EV: the centrepiece of its All-Star LCV lineup001026

PolyCharge and Mitsubishi Heavy Industries Enter into Joint Development and Supply Agreement

TUCSON, Ariz., April 17, 2023 /PRNewswire/ — PolyCharge America, Inc. (“PolyCharge”), announced today that Mitsubishi Heavy Industries, Ltd. (“MHI”), and PolyCharge have entered into a Joint Development and Supply Agreement to facilitate the development and supply of capacitor products based on PolyCharge’s revolutionary NanoLam™ technology. MHI also confirmed, as part of this transaction, that it… Continue reading PolyCharge and Mitsubishi Heavy Industries Enter into Joint Development and Supply Agreement

Luxury Car Market size in Australia to grow by USD 30,298.94 actual units from 2022 to 2027, Driven by the integration of advanced technologies in luxury cars – Technavio

NEW YORK, April 17, 2023 /PRNewswire/ — The luxury car market size in Australia is forecast to increase by USD 30,298.94 actual units from 2022 to 2027, at a CAGR of 5.28%, according to the recent market study by Technavio. The growth of the market will be driven by the integration of advanced technologies in… Continue reading Luxury Car Market size in Australia to grow by USD 30,298.94 actual units from 2022 to 2027, Driven by the integration of advanced technologies in luxury cars – Technavio

German Handelsblatt: Electric car ranking: VW is growing faster than Tesla, Stellantis and Hyundai are collapsing – the most popular electric cars 2023006690

Die Zahl rein elektrischer Neuwagen in Deutschland ist im März wieder stärker gestiegen als zuletzt. Mehr als 44.100 batterieelektrische Fahrzeuge kamen im vergangenen Monat neu auf die Straßen, wie das Kraftfahrt-Bundesamt am Mittwoch mitteilte. Das waren rund 28 Prozent mehr als noch im gleichen Monat des Vorjahres. Damit war das Wachstum im Vorjahresvergleich doppelt so… Continue reading German Handelsblatt: Electric car ranking: VW is growing faster than Tesla, Stellantis and Hyundai are collapsing – the most popular electric cars 2023006690