Electric Powertrain Market to be Worth $260.91 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, March 20, 2023 /PRNewswire/ — The global electric powertrain market size is expected to reach USD 260.91 billion by 2030, registering a CAGR of 15.3% over the forecast period, according to a new report by Grand View Research, Inc. The market for pure electric and plug-in hybrid vehicles has been growing significantly, in turn… Continue reading Electric Powertrain Market to be Worth $260.91 Billion by 2030: Grand View Research, Inc.

Electric Powertrain Market to be Worth $260.91 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, March 20, 2023 /PRNewswire/ — The global electric powertrain market size is expected to reach USD 260.91 billion by 2030, registering a CAGR of 15.3% over the forecast period, according to a new report by Grand View Research, Inc. The market for pure electric and plug-in hybrid vehicles has been growing significantly, in turn… Continue reading Electric Powertrain Market to be Worth $260.91 Billion by 2030: Grand View Research, Inc.

Renault Nissan Alliance inks pact with Kamarajar Port to accelerate car exports

The Renault Nissan Alliance has signed an agreement with Kamarajar Port Ltd (KPL) for shipping cars manufactured in Chennai by Renault Nissan Automotive India Pvt Ltd (RNAIPL) to regional and global destinations. The agreement builds on the existing partnership between the Renault Nissan Alliance and Kamarajar Port and will facilitate further exports of cars via… Continue reading Renault Nissan Alliance inks pact with Kamarajar Port to accelerate car exports

Scratched EV battery? Your insurer may have to junk the whole car

For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading to higher premiums and undercutting gains from going electric. And now those battery packs are piling up in scrapyards in some countries, a previously… Continue reading Scratched EV battery? Your insurer may have to junk the whole car

Factbox: Insurers press carmakers for more help with EV batteries, article with image

DETROIT, March 20 (Reuters) – Insurers and industry experts say electric vehicle insurance premiums will keep rising as sales grow unless the car companies make it easier to access battery data and repair packs that are only slightly damaged in collisions. Many carmakers in turn say their EV battery packs are repairable, though few seem… Continue reading Factbox: Insurers press carmakers for more help with EV batteries, article with image

Dicastal North America plant in Michigan significantly damaged after explosion

Emergency officials responded to an explosion late Friday at an automotive supplier plant about 30 miles northeast of Grand Rapids, Dicastal North America in Greenville, safety officials confirmed to the Detroit Free Press on Saturday. The company makes lightweight aluminum alloy wheels, according to its website. Dicastal lists among its clients Ford, General Motors, Stellantis,… Continue reading Dicastal North America plant in Michigan significantly damaged after explosion

2023 Nissan Ariya first drive: e-4ORCE shines in a perfect crossover for drivers new to EVs

This week, Nissan invited a select group of writers up to Wine Country to test drive the pre-production models of its all-electric 2023 Ariya crossover SUV. This was my first experience in the Ariya and I was excited at the opportunity to try out Nissan’s AWD e-4ORCE technology. It did not disappoint. These upcoming Ariya… Continue reading 2023 Nissan Ariya first drive: e-4ORCE shines in a perfect crossover for drivers new to EVs

Automotive airbag sensor market size is set to grow by USD 220.4 million from 2022-2027; Enhanced vehicle safety with more airbags will boost the market growth- Technavio

NEW YORK, March 17, 2023 /PRNewswire/ — The automotive airbag sensor market size is estimated to grow by USD 220.4 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 6.36% during the forecast period. The market is driven by enhanced vehicle safety with more airbags. More than one million people… Continue reading Automotive airbag sensor market size is set to grow by USD 220.4 million from 2022-2027; Enhanced vehicle safety with more airbags will boost the market growth- Technavio

Mexico says Troy-based auto supplier hindered plant workers’ rights

The government of Mexico said it has found “serious irregularities” and company actions that hindered workers’ rights at a plant operated by a metro Detroit auto supplier following a review request by the Biden administration. The situation marks the second time in less than a year that the Mexican government has been asked to intervene… Continue reading Mexico says Troy-based auto supplier hindered plant workers’ rights

Cadillac goes after Tesla by setting up test drives at Supercharger station

GM’s Cadillac is going after Tesla’s clientele in a not-so-subtle way by setting up test drives directly at a Tesla Supercharger station. How can you find people who like electric vehicles? If you find Tesla owners, you likely found people who are into electric vehicles. Where can you find Tesla owners? Supercharger stations are a… Continue reading Cadillac goes after Tesla by setting up test drives at Supercharger station