Global SUV Market to Reach $1.22 Trillion by 2027 at a 6.6% CAGR

DUBLIN, Nov. 11, 2022 /PRNewswire/ — The “SUV Market by Type (Mini, Compact, Mid- & Full-Size, MPV), Propulsion (Diesel, Gasoline, Electric), Class (B, C, D, E), Seating Capacity (5 Seater,>5 seater), EV Type (BEV, PHEV, FCEV), Sales (Compact, Mid- & Full-Size) & Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.… Continue reading Global SUV Market to Reach $1.22 Trillion by 2027 at a 6.6% CAGR

EU envoy says ‘hopeful’ about getting changes to U.S. EV tax rules

European Union Ambassador Stavros Lambrinidis on Thursday said he was very hopeful that negotiations with the United States could result in elimination of discriminatory provisions in the U.S. Inflation Reduction Act. Lambrinidis told an event hosted by the U.S. Chamber of Commerce that EU officials were working with U.S. officials in a special task force… Continue reading EU envoy says ‘hopeful’ about getting changes to U.S. EV tax rules

Flash joins hands with Poland’s Elimen Group to produce EV components

As part of the new collaboration, the company plans to invest another Rs 150 crore over the next two years. New Delhi: Electronic component manufacturer Flash on Thursday said it has joined hands with Poland-based Elimen Group to manufacture traction motors and controllers for electric vehicles in India. The Pune-based company is a leading manufacturer… Continue reading Flash joins hands with Poland’s Elimen Group to produce EV components

Government set to revert to issuing permit for commercial EVs at zero fee

The decision can be attributed to issues flagged by the commercial EV owners. The government is all set to bring back the policy for issuing permits for commercial electric vehicles (EVs) at zero fee. The Centre had discarded the practice over the last two years in order to push penetration of green vehicles. However, now… Continue reading Government set to revert to issuing permit for commercial EVs at zero fee

Chinese EV maker Nio posts bigger quarterly loss, sees higher deliveries

Sales at Nio, Xpeng Inc and Li Auto Inc have surged in recent quarters on robust demand, helping them emerge as strong rivals to home-grown BYD Co and U.S.-based Tesla Inc. Chinese electric automaker Nio Inc on Thursday reported a bigger quarterly loss due to a jump in costs, and said it expects deliveries to… Continue reading Chinese EV maker Nio posts bigger quarterly loss, sees higher deliveries

The Aspark Owl Is an ‘Insane-Looking’ EV Supercar Says U.S. News – MotorBiscuit

In the burgeoning segment of EV hypercars, new and exciting vehicle shapes are now piloted on roads and race tracks that are real head-turners. Since there’s no engine taking up space in the front or behind the driver, an evolution of figures evokes life-like qualities out of machinery made of carbon fiber. With every inch… Continue reading The Aspark Owl Is an ‘Insane-Looking’ EV Supercar Says U.S. News – MotorBiscuit

Historic barge which has been turned into a home to go up for auction in Yorkshire – The Yorkshire Post

Spicers Auctioneers, in Goole, is auctioning off a number of classic items on Saturday (Oct 29) including classic cars, motorcycles and other motor-related items. But amongst the lots for sale is a barge, which dates back to the start of the Second World War. The 1939 barge, called Fidelity, has an estimated sale price of… Continue reading Historic barge which has been turned into a home to go up for auction in Yorkshire – The Yorkshire Post

BOLLINGER MOTORS ANNOUNCES OUR NEXT ENERGY AS BATTERY – GlobeNewswire

DETROIT, Nov. 10, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Bollinger Motors, which recently became a majority owned company of Mullen Automotive, Inc. (NASDAQ: MULN), has announced Our Next Energy will be supplying modular, linkable Aries battery packs to power its all-electric commercial platforms and chassis cabs.    “ONE battery packs are ideal for our… Continue reading BOLLINGER MOTORS ANNOUNCES OUR NEXT ENERGY AS BATTERY – GlobeNewswire

@BMW: Start of BMW iX1* production in Regensburg ups the pace: By 2024, one in three BMWs from Bavarian plants will be electric002408

Regensburg. Today’s start of production for the fully-electric BMW iX1* in Regensburg illustrates the pace with which the BMW Group is ramping up electromobility. As announced almost two years ago, all German plants can now produce electric cars. The smallest model among the BMW Sports Activity Vehicles will boost the volume of electric vehicles. Milan… Continue reading @BMW: Start of BMW iX1* production in Regensburg ups the pace: By 2024, one in three BMWs from Bavarian plants will be electric002408

Autonomous Mining Truck Market to Reach $12.5 Bn, Globally, by 2031 at 23.2% CAGR: Says Allied Market Research

Rise in demand for smart mining and surge in demand for technologically-advanced mining equipment have boosted the growth of the global autonomous mining truck market. PORTLAND, Ore., Nov. 11, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Autonomous Mining Truck Market by Size (Small, Medium, Large), by Propulsion (Diesel, Electric and Hybrid),… Continue reading Autonomous Mining Truck Market to Reach $12.5 Bn, Globally, by 2031 at 23.2% CAGR: Says Allied Market Research