EU made EVs would cost USD 4,100 more in UK under post-Brexit rules: SMMT

“Not only would consumers be out of pocket, but the industrial competitiveness of the UK and continental industries would be undermined,” SMMT CEO Mike Hawes said in a statement. If Britain and the EU fail to postpone post-Brexit trade rules dictating local content in electric vehicles traded between the bloc and the UK, average EU-made… Continue reading EU made EVs would cost USD 4,100 more in UK under post-Brexit rules: SMMT

Usage Based Insurance Market worth $80.7 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, Oct. 13, 2023 /PRNewswire/ — Usage Based Insurance Market is projected to grow from an estimated USD 30.6 billion in 2023 to reach USD 80.7 billion by 2028 at a CAGR of 21.4% during the forecast period, according to a new report by MarketsandMarkets™. The usage-based insurance market is estimated to be fueled by growing… Continue reading Usage Based Insurance Market worth $80.7 billion by 2028 – Exclusive Report by MarketsandMarkets™

Tata, Toyota and VW buck industry decline in car and sedan sales in H1 FY2024

First the good news about the passenger vehicle segment. At 20,70,163 units in April-September 2023, up 7% year on year, car, sedan and utility vehicle wholesales have crossed the 2-million mark for the first time, in the first six months of a fiscal year. The not-so-good news is that the decline of the car and… Continue reading Tata, Toyota and VW buck industry decline in car and sedan sales in H1 FY2024

ThroughPut.AI Builds Supply Chain Decision Intelligence Solution on the Snowflake Data Cloud

The ThroughPut.ai Supply Chain Decision Intelligence solution, Powered by Snowflake, provides customers with end-to-end supply chain actionability for real-time recommendations to minimize disruptions, mitigate risks, deliver results, and accelerate time-to-value. PALO ALTO, Calif., Oct. 17, 2023 /PRNewswire/ — ThroughPut Inc., the industrial AI supply chain Decision Intelligence pioneer, today announced the launch of its ThroughPut.AI… Continue reading ThroughPut.AI Builds Supply Chain Decision Intelligence Solution on the Snowflake Data Cloud

Westport to Issue Third Quarter 2023 Financial Results on November 7, 2023

VANCOUVER, BC, Oct. 17, 2023 /PRNewswire/ — Westport Fuel Systems Inc. (TSX: WPRT) (Nasdaq: WPRT) announces it will release financial results for the third quarter of 2023 on Tuesday, November 7, 2023, after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Wednesday, November 8,… Continue reading Westport to Issue Third Quarter 2023 Financial Results on November 7, 2023

China’s EV firm BYD sees Q3 net profit as much as doubling

Chinese electric vehicle giant BYD on Tuesday said it expects third-quarter net profit to as much as double thanks to robust sales and effective cost control. The Shenzhen-based company forecasts net profit for the July to September period at between 9.55 billion yuan ($1.31 billion) and 11.55 billion yuan, an increase of 67% to 102%… Continue reading China’s EV firm BYD sees Q3 net profit as much as doubling

Cleantechnica: Shareholders Say Tesla Should Choose Traditional Marketing Over Price Cuts 003055

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! A segment of Tesla shareholders is nervous. Many investors aligned themselves with the upstart all-electric car company early on, and they saw their portfolios rise with Tesla’s tremendous brand growth through consistently increasing revenues and sales. But enough is… Continue reading Cleantechnica: Shareholders Say Tesla Should Choose Traditional Marketing Over Price Cuts 003055

Artprice by Artmarket publishes its 2023 Contemporary Art Market Report, showing a +2200% growth since 2000 and confirming that Art is a safe haven in times of major crises

Focus on artists under 40 PARIS, Oct. 17, 2023 /PRNewswire/ — Artprice by Artmarket is releasing its 2023 Contemporary Art Market Report in time for London’s Frieze art fair and Paris+ by Art Basel in the French capital. Key points: the market has grown +2,200% since 2000, new records are constantly falling, and art remains… Continue reading Artprice by Artmarket publishes its 2023 Contemporary Art Market Report, showing a +2200% growth since 2000 and confirming that Art is a safe haven in times of major crises

Gunshot Detection Systems Market worth $1,443 million by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Oct. 16, 2023 /PRNewswire/ — The Gunshot Detection Systems market size is projected to grow from USD 824 million in 2022 to USD 1,443 million by 2027, at a CAGR of 11.8% from 2022 to 2027 according to a new report by MarketsandMarkets™. To efficiently detect and track threats, advanced technologies like artificial intelligence… Continue reading Gunshot Detection Systems Market worth $1,443 million by 2027 – Exclusive Report by MarketsandMarkets™

Global Aerospace Materials Market to Garner a Valuation of USD 72.68 Billion by 2030, Exhibiting 8.11% CAGR, With North America Leading the Market Due to Presence of Key Manufacturers, Projects Kings Research

DUBAI, UAE, Oct. 16, 2023 /PRNewswire/ — As per the latest report published by Kings Research, the global Aerospace Materials Market was valued at USD 38.95 billion in 2022 and is estimated to reach USD 72.68 billion in revenue by 2030, growing at an 8.11% CAGR from 2023 to 2030. The increasing demand for lightweight… Continue reading Global Aerospace Materials Market to Garner a Valuation of USD 72.68 Billion by 2030, Exhibiting 8.11% CAGR, With North America Leading the Market Due to Presence of Key Manufacturers, Projects Kings Research