CHICAGO, Oct. 28, 2022 /PRNewswire/ — Automotive Lighting Market is estimated to be USD 21.9 billion in 2022 to USD 28.5 million in 2027, at a CAGR of 5.3%, during the forecast period, according to a new report by MarketsandMarkets™. Growing vehicle production coupled with government regulations mandating adaptive lighting for enhanced safety and comfort is expected to boost… Continue reading Automotive Lighting Market worth $28.5 million in 2027 – Exclusive Report by MarketsandMarkets™
Tag: Electric vehicles
Automotive Lighting Market worth $28.5 million in 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, Oct. 28, 2022 /PRNewswire/ — Automotive Lighting Market is estimated to be USD 21.9 billion in 2022 to USD 28.5 million in 2027, at a CAGR of 5.3%, during the forecast period, according to a new report by MarketsandMarkets™. Growing vehicle production coupled with government regulations mandating adaptive lighting for enhanced safety and comfort is expected to boost… Continue reading Automotive Lighting Market worth $28.5 million in 2027 – Exclusive Report by MarketsandMarkets™
Electrification of Vehicles a Boon to Lithium Miners
FinancialBuzz.com News Commentary NEW YORK, Oct. 28, 2022 /PRNewswire/ — The lithium market has witnessed high demand in recent years thanks to the increasing popularity of electric vehicles (EVs). Lithium proved to be an essential mineral for the electrification of vehicles as LiOH, a white hygroscopic crystalline material and an inorganic compound, is commonly used… Continue reading Electrification of Vehicles a Boon to Lithium Miners
TrueCar Releases Analysis of October Industry Sales
Industry sales this month up 15% from a year ago SANTA MONICA, Calif., Oct. 28, 2022 /PRNewswire/ — TrueCar, Inc. (NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, expects total new vehicle industry sales to reach 1,165,658 units in October 2022, up 15% from a year ago… Continue reading TrueCar Releases Analysis of October Industry Sales
EU approves effective ban on new fossil fuel cars from 2035
New vans must comply with a 100% CO2 cut by 2035, and a 50% cut by 2030 compared with 2021 levels. By Kate Abnett The European Union struck a deal on Thursday on a law to effectively ban the sale of new petrol and diesel cars from 2035, aiming to speed up the switch to… Continue reading EU approves effective ban on new fossil fuel cars from 2035
The future of solid-state batteries could be 3D-printed
Science/ Energy / That means batteries could have customized shapes The race to create a solid-state battery that could compete with today’s lithium-ion cells is heating up. Lithium-ion batteries are everywhere: in your phone, car, camera, and more. Since their debut in the 1990s, they’ve become a leader in energy storage. But they have one… Continue reading The future of solid-state batteries could be 3D-printed
India is graduating from small cars to upper-segment cars: Maruti Suzuki Chairman R C Bhargava
India is graduating from small cars to upper-segment cars: Maruti Suzuki Chairman R C Bhargava The chairman of Maruti Suzuki, R C Bhargava, says Indians are moving towards higher priced SUVs and MUVs and his company is in the ‘phase of transition’ to cater to this ‘shift in the composition of the market’. Bhargava forecasts… Continue reading India is graduating from small cars to upper-segment cars: Maruti Suzuki Chairman R C Bhargava
L&T Tech bags orders worth Rs 1,907 crore from transportation sector
L&T Technology Services, a part of the $21 billion Larsen & Toubro (L&T) won orders worth over Rs 1,907 crore from January-September this year from the transportation sector on the back of strong tailwinds from electric vehicles, easing of semiconductor shortages and a spike in air travel. Amit Chadha, CEO & MD, L&T Technology services,… Continue reading L&T Tech bags orders worth Rs 1,907 crore from transportation sector
Sona Comstar to shift its Pune plant to a larger area
Sona Comstar is under the process of shifting operations from its existing plant in Bhosari near Pune, to a new and larger facility in the automotive belt of Chakan in Pune. The company management on Friday informed that the new facility, with an area of 10 acres compared to the older plant area of 1.12 acres,… Continue reading Sona Comstar to shift its Pune plant to a larger area
BEST bus catches fire, no injuries reported
An air-conditioned CNG BEST bus on wet lease caught fire after sparks emanated from its battery on Thursday evening. No injuries have been reported. As per the BEST spokesperson, the incident happened on a bus operated by Daga Group while it was ferrying from Kranti Nagar to Kandivali station at around 6 pm “On arrival of the… Continue reading BEST bus catches fire, no injuries reported