@Tata-JLR: Car companies are betting big on climate tech

It’s crunch time for the car industry in its race to go green. From 2035 onwards, any new cars and vans sold in the European Union and the UK must be zero emission vehicles.  In response, car companies are ramping up their electric vehicle lineups and scrambling to secure access to the components needed to… Continue reading @Tata-JLR: Car companies are betting big on climate tech

Malaysia seeks place in EV ecosystem with battery development

KUALA LUMPUR — Malaysia has built a solid reputation over four decades as a reliable manufacturer of products ranging from semiconductors to automobiles — even producing a “national car” in 1985 through cooperation with Japan’s Mitsubishi Motors. And while the country was the first in ASEAN to achieve that milestone, it has fallen behind in… Continue reading Malaysia seeks place in EV ecosystem with battery development

Asia-Pacific Alternative Cathode Material Market Analysis Report 2023-2032, Featuring Mitsubishi Electric, Nippon Chemical Industrial, LG Chem & POSCO

DUBLIN, Jan. 24, 2024 /PRNewswire/ — The “Asia-Pacific Alternative Cathode Material Market: Analysis and Forecast, 2023-2032” report has been added to ResearchAndMarkets.com’s offering. The Asia-Pacific alternative cathode material market (excluding China) was valued at $1.18 billion in 2023, and it is expected to grow with a CAGR of 6.96% during the forecast period 2023-2032 to reach $2.16… Continue reading Asia-Pacific Alternative Cathode Material Market Analysis Report 2023-2032, Featuring Mitsubishi Electric, Nippon Chemical Industrial, LG Chem & POSCO

Mining Sector Disruption: Innovative Battery Technologies Poised to Fuel Clean Energy Transition

DUBLIN, Jan. 24, 2024 /PRNewswire/ — The “Digging deeper into sustainability – key disruptive forces in mining (Vol.3)” report has been added to ResearchAndMarkets.com’s offering. Clean energy technologies, including wind turbines, solar panels, electric vehicles, and battery storage, depend on various minerals and metals. Batteries are crucial for the renewable energy transition, and efforts are underway to… Continue reading Mining Sector Disruption: Innovative Battery Technologies Poised to Fuel Clean Energy Transition

Automated Parking Systems Market to grow by USD 2.33 billion between 2022 and 2027, Increasing urbanization to Drive Growth – Technavio

The demand for parking spaces and transportation infrastructure rises as cities experience increased population density, driving the significant trend of integration with smart city initiatives NEW YORK, Jan. 24, 2024 /PRNewswire/ — The Automated Parking System (APS) Market is estimated to grow at a CAGR of 16.15% between 2022 and 2027 and the size is forecast to increase… Continue reading Automated Parking Systems Market to grow by USD 2.33 billion between 2022 and 2027, Increasing urbanization to Drive Growth – Technavio

Steam Turbine Market to Record USD 3.42 billion between 2022 and 2027, The increasing demand for power generation drives growth – Technavio

NEW YORK, Jan. 23, 2024 /PRNewswire/ — The steam turbine market size is expected to grow by USD 3.42 billion from 2022 to 2027, according to Technavio. In addition, the growth momentum will progress at a CAGR of 3.82% during the forecast period. The increasing demand for power generation drives growth. A steam turbine is a mechanical device that… Continue reading Steam Turbine Market to Record USD 3.42 billion between 2022 and 2027, The increasing demand for power generation drives growth – Technavio

Mitsubishi Motors to exit from China production – Nikkei

TOKYO (Reuters) -Mitsubishi Motors has decided to end automobile production in China, and is discussing its exit with local joint venture partner Guangzhou Automobile Group, the Nikkei newspaper reported on Wednesday, without citing sources. GAC will likely convert the plant, in Hunan province, to a production base for electric vehicles, the paper said. Mitsubishi Motors… Continue reading Mitsubishi Motors to exit from China production – Nikkei

UPDATE 2-Toyota’s China joint venture dismisses about 1000 workers

(Recasts on confirmation from Toyota’s China JV) SHANGHAI/TOKYO, July 24 (Reuters) – Toyota Motor’s joint venture (JV) in China said on Monday that it has terminated early the contracts of about 1,000 dispatch workers, in a sign of pressure on automakers from a price war in the world’s largest auto market. The JV between Toyota… Continue reading UPDATE 2-Toyota’s China joint venture dismisses about 1000 workers

Automotive Alternator Market to grow by USD 3.29 billion from 2022 to 2027; market is fragmented due to the presence of prominent companies like ALANKO GmbH, AS PL Sp. z o.o. & BBB Industries LLC, and many more – Technavio

NEW YORK, Jan. 22, 2024 /PRNewswire/ — The automotive alternator market is estimated to grow by USD 3.29 billion from 2022 to 2027, growing at a CAGR of 6.08%. The automotive alternator market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer automotive alternator market are ALANKO GmbH,… Continue reading Automotive Alternator Market to grow by USD 3.29 billion from 2022 to 2027; market is fragmented due to the presence of prominent companies like ALANKO GmbH, AS PL Sp. z o.o. & BBB Industries LLC, and many more – Technavio

Saudi Arabia Switchgear Market Report (2023-2029) – Industry Experiences Vigorous Growth Fueled by Infrastructure and Ambitious Renewable Energy Initiatives

DUBLIN, Jan. 19, 2024 /PRNewswire/ — The “Saudi Arabia Switchgear Market (2023-2029) Size, Share, Trends, Revenue, Industry, Growth & Outlook: Market Forecast by Voltage, Applications and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering. The analysis of the Saudi Arabia Switchgear Market, covering pivotal industry shifts and substantial growth dynamics, has been documented in this latest… Continue reading Saudi Arabia Switchgear Market Report (2023-2029) – Industry Experiences Vigorous Growth Fueled by Infrastructure and Ambitious Renewable Energy Initiatives