U.S. sanctions put telecoms firms off Cuba, internet task force says

HAVANA (Reuters) – U.S. sanctions on Cuba are deterring American firms from exploring its telecommunications sector even as Washington seeks to expand internet access on the Communist-run island, according to the final report of a U.S. government task force released on Tuesday.

FILE PHOTO: People connect to the internet at a hotspot in Havana, Cuba, September 12, 2016. REUTERS/Alexandre Meneghini/File Photo

Chinese companies dominate Cuba’s telecoms sector, a status quo “worth challenging given concerns that the Cuban government potentially obtains its censorship equipment from Chinese Internet infrastructure providers,” the report said.

Cuba’s government protested the U.S. State Department’s creation of a Cuba Internet Task Force last year as “foreign interference.” It remains unclear how open it would be to U.S. investment in the strategic telecoms sector.

“U.S. companies informed the subcommittees they are often deterred from entering the market due to uncertainty caused by frequent changes to U.S. regulations concerning Cuba,” according to the task force, convened last year by the State Department.

U.S. presidents have successively tightened and loosened the decades-old U.S. trade embargo on Cuba imposed in the years after its 1959 revolution.

Former President Barack Obama created a loophole for U.S. telecommunications companies to provide certain services to Cuba. His successor, Donald Trump, maintained the loophole but tightened the broader sanctions, worsening the overall business climate.

Banks are increasingly reluctant to process payments originating in Cuba. Some telecoms firms surveyed by the task force said that was putting them off offering key services and products in the country.

The task force advised the U.S. government to clear up the regulatory uncertainty and seek feedback on how to improve telecoms firms’ ability to invest.

Until 2013, the internet was largely available to the public in Cuba only at tourist hotels amid the U.S. embargo, lack of cash and concerns over the free flow of information.

The government has increased web access in recent years, installing a fiber-optic cable to Venezuela and introducing cyber cafes, Wi-Fi hot spots and mobile internet.

Cuban telecoms monopoly ETECSA signed a deal earlier this year with Alphabet Inc’s Google on increasing connectivity, but the two have not publicly agreed on any significant investments.

Reporting by Sarah Marsh; Editing by Peter Cooney

Go to Source

Wayfair employee walkout called over alleged furniture sales to U.S. migrant camp

(Reuters) – Wayfair Inc came under pressure on Tuesday after hundreds of employees were reported to be planning a walkout over the retailer’s alleged sale of more than $200,000 in bedroom furniture for a Texas detention facility for migrant children.

Shares of the company fell 5.3% to $144.40 on the New York Stock Exchange.

A Twitter account under the handle @wayfairwalkout, created this month with a following of more than 13,000 including high-profile Democratic U.S. Representative Alexandria Ocasio-Cortez, called for the work stop on Wednesday.

Wayfair, headquartered in Boston, did not immediately respond to a request for comment. The @wayfairwalkout account referred Reuters to the company and Reuters was not able to confirm it was created by Wayfair employees.

Democratic presidential candidate Senator Elizabeth Warren said on Twitter: “I stand with hundreds of @Wayfair employees who are planning to stage a walkout at their Boston headquarters tomorrow. The safety and well-being of immigrant children is always worth fighting for.”

An image of a letter to Wayfair leaders from employees said that an order for more than $200,000 of bedroom furniture was destined for a facility in Carrizo Springs, Texas that would house migrant children seeking asylum.

Criticism has mounted this week over the detention of migrant children in overcrowded, squalid conditions.

“In response to a recent letter signed by 547 employees, our CEO said that the company would not cease doing business with contractors furnishing border camps,” @wayfairwalkout tweeted.

It demanded that Wayfair stop selling to migrant detention camps and that it give profits, which they claim amount to $86,000, to a Texas-based non-profit agency offering legal services to immigrants.

Screenshots on Twitter of a letter to employees that said it was from the retailer’s “leadership team” read, “…We believe it is our business to sell to any customer who is acting within the laws of the countries within which we operate.”

The walkout, scheduled to take place on Wednesday at 1:30 p.m. ET in Boston’s Copley Square, is the latest example of employees protesting workplace social issues.

In June 2018, Alphabet Inc’s Google faced internal upheaval over a contract to help the U.S. military analyze aerial drone imagery.

The hashtag “#wayfairwalkout” was top trending in the United State on Twitter as of Tuesday evening.

“Wayfair workers couldn’t stomach they were making beds to cage children,” tweeted Ocasio-Cortez. “They asked the company to stop. CEO said no. Tomorrow, they’re walking out.”

Reporting by Melissa Fares in New York, editing by Peter Henderson and Cynthia Osterman

Go to Source

Vingroup rolls out Vietnam’s first auto brand – Nikkei Asian Review

HANOI — Top Vietnamese conglomerate Vingroup opened a factory on Friday, beginning commercial production of Vietnam’s first homegrown automotive brand, aiming eventually to build 500,000 vehicles a year.

This represents a bold move in a market that, while growing, remains small compared with some other economies in the region.

Prime Minister Nguyen Xuan Phuc and other senior officials attended Friday’s inauguration ceremony for the VinFast assembly plant in the northern port city of Haiphong. Vingroup is estimated to have invested $3.5 billion in the factory.  

VinFast’s first passenger auto, the Fadil, will be priced around 450 million dong ($19,400). The 1.4-liter car is positioned as a rival to Kia Motors‘ Morning. Deliveries will start on Monday.

VinFast initially aims to produce 250,000 of the model yearly — almost the equivalent of Vietnam’s total annual auto sales. A sport utility vehicle and a sedan are expected to debut by the end of July, while an electric vehicle is set to hit the market before the end of the year. VinFast is “expecting to launch 12 models of cars and electric motorbikes in 2019 and 2020,” Vingroup said Thursday. 

“We are committed to put in our best effort to affirm Vietnamese brand’s position and class in the global market,” said Pham Nhat Vuong, Vingroup’s chairman. 

Vingroup, despite lacking prior automotive expertise, got an assembly plant up and running in less than two years after announcing plans. VinFast recruited former General Motors executive Jim DeLuca to lead the company as CEO. 

VinFast also enlisted development and production assistance from Austrian contract automaker Magna Steyr. Twenty to 30 global companies are collaborating with the Vietnamese automaker, mostly German players such as BMW and parts maker Robert Bosch.

A man works at an assembly line of VinFast factory in Haiphong, Vietnam, June 14, 2019.    © Reuters


Attaining production of 1 million vehicles will be no simple task. Vietnam’s annual auto sales totaled roughly 280,000 last year, or just one-quarter of those in Indonesia, the biggest market in the 10-member Association of Southeast Asian Nations.

Pham Nhat Vuong, Vingroup’s chairman, right, receives Vietnam Prime Minister Nguyen Xuan Phuc on Thursday at the inauguration ceremony of the factory located in Haiphong, Vietnam. (Photo by Nguyen Van Anh)


But Vietnam is the fastest-growing ASEAN economy. Gross domestic product per capita has reached about $2,600, approaching the $3,000 level at which purchasing of cars and other durable goods tends to accelerate.

Per capita GDP already has exceeded that threshold in the capital of Hanoi and the commercial capital of Ho Chi Minh City. VinFast is undergoing quality inspections in 14 countries, indicating plans to expand abroad.

The automaker also anticipates government support, such as tax relief, since the state is pouring resources into developing domestic industry.

Vingroup’s business profile focuses on real estate and retail, though the conglomerate is busy diversifying into technological production. The group launched a smartphone business in December.

Go to Source
Go to Source

Toyota’s TILT Lab is a Maker Space for Manufacturing Ingenuity – Technabob

I recently had the opportunity to visit Toyota’s largest vehicle production facility in the world, the Toyota Motor Manufacturing Kentucky (TMMK). While there, I not only got to see how humans and machines work together to make about 2000 cars per day, but learned a bit about the magicians who pull the strings behind the curtain of a car factory, the production engineering team. These are the brilliant minds who figure out how to take the designs and specifications for a vehicle and actually put it into production at the plant.

zoom in

Production engineers must use their smarts and every resource available to come up with ways to build cars safely, quickly, within budget, on time, and with exceptional quality –  all at very high volumes. This is no small task, and to help with their efforts, Toyota recently invested more than $80 million USD on a brand new Production Engineering and Manufacturing Center (PEMC). The facility houses the team right next door to the factory, and provides expansive floor spaces for testing out technologies and techniques for welding, plastics, painting, building powertrains, and more before they hit the assembly line. In addition, it features a wonderful tool for empowering creativity and ingenuity – an on-site maker space known as the TILT Lab.

zoom in

The 7,000 square foot facility is packed with modern tech that helps reinforce creativity and forward thinking, and currently has 27 pieces of equipment for rapid prototyping like laser and waterjet cutters, 3D printers, CNC milling machines, and more, and is staffed by a team of 10 technicians, engineers, designers, and interns.

zoom in

Virtual reality and augmented reality tools are also on hand, and are also used for testing out new production techniques, as well as to visualize how parts might fit together on the line, or how production equipment might fit on the factory floor. This can save significant time and cost when it comes to moving from virtual reality to actual reality.

zoom in

AR tech is also becoming an invaluable training tool, allowing students to practice and refine their production skills like welding and painting in a safe classroom environment. The TILT Lab is testing and refining these technologies, and seeing how they might be useful in a larger training setting.

zoom in

There are several pieces of high-end additive manufacturing gear on site, which allow engineers to rapidly fabricate prototypes of parts and tools that might be used in production. The machines on hand can print in a variety of materials, including hard and flexible plastics, and even carbon fiber reinforced plastic. I was especially impressed with their ability to print things like hoses that actually flex like the real deal, as well as multi-material parts.

zoom in

In addition, there are two roomfuls of CNC machining and fabrication equipment, including a lathe, a mill, and a waterjet cutter for slicing through materials with ease. They also have a laser cutter/engraver, a powdercoating booth, a vinyl cutting machine, and plenty of power and hand tools on hand.

zoom in

zoom in

One of the niftier things the PEMC team has implemented is an authentication system which requires that users scan their badges to ensure they have the training required to use a particular piece of equipment before the machine can be used. They developed this application in-house, and it’s designed to ensure the safety of the team, as well as to protect the valuable equipment from damage. It’s even capable of paging an available team member with the proper training if the user needs help.

zoom in

The TILT Lab is also experimenting with modern robotic systems called “co-robots.” These easy-to-program automatons are designed to work side-by-side with humans. They have on-board sensors that make them aware of their surroundings, and can immediately react, slow down, or stop in the event that a person accidentally comes into contact with them. Traditional industrial robots have much more limited safeguards, and generally have to be kept behind safety enclosures to protect humans from injury.

zoom in

I’ve been to a few publicly-available maker spaces over the years, and the equipment on hand at Toyota’s TILT Lab is generally of a more professional grade than I’ve seen in those venues, plus it’s just awesome that it’s right on site next to the manufacturing facility. Backed by a talented operational team, the lab provides engineers with the best and latest technologies for improving operations at the factory next door, and at other Toyota plants around the globe.

zoom in

Go to Source
Go to Source

Emergency Vehicle Lighting System Market by Production, Import, Export and Consumption Forecast and Regional Analysis by 2027 – Financial Planning

Research Report on “Emergency Vehicle Lighting System Market by Production, Import, Export and Consumption Forecast and Regional Analysis by 2027”.

The report on “Emergency Vehicle Lighting System Market” is suitably segmented and sub-segmented so that it can shade light on every aspect of market such as type of product, application, and region. On the basis of recent developments and past data, the report prophesies future revenue, growth, and trend of the “Emergency Vehicle Lighting System Market”. This information is represented in curves, tables, margins, pie charts. Additionally, it emphasizes on faster growing segments and emerging trends in the market.

The global Automotive Off & Road Vehicle Lighting Market is closely assessed in the publication using in-depth verifiable projections, historical data, and qualitative insights. With the help of proven assumptions and research methodologies, the analysts have derived the projections featured in the publication. For every aspect of the market, the publication serves as a great repository of information, data, and critical analysis. It could be said that the publication is a fine source of stakeholder and value chain analysis, technological breakthroughs observed in the Automotive Off & Road Vehicle Lighting Market, and current and future challenges, opportunities, and trends.

Over the last couple of decades, it has become quite deceptive that the fog lights and off- road factory headlights leave a lot to be desired; while driving off – road at night or rural roads. Furthermore, growing demand to provide better efficiency, increased longevity, and greater light output may lead to off – road vehicle’s ability to illuminate environment in darkness and explore remote places. Advancement in technology has led modern – day aftermarket automotive off – road vehicle lighting to be more compact, more efficient and brighter than traditional automotive off – road vehicle lighting aftermarket which played the part of a functional accessory.

Free Sample Copy of this report @ https://www.marketresearchreports.biz/sample/sample/11461

Moreover, there are three different affordable lighting technologies available in the market – Light Emitting Diode (LED), High Intensity Discharge (HID), and halogen. Growing popularity of LED lights over the last few years owing to its high durability, absolute brightness, compact – size, and long life are the factors fueling its growth in the off – road vehicle industry. Night time exploration and racing are the common situations in the off – road world which can be achieved through the light beam patterns to cover wide & narrow fields of view and fast & slow driving. A vehicle often has a combination of beam patterns – fog light patterns or driving light patterns mounted strategically to provide full blanket of light from near to far or side to side, as required.

Automotive Off – Road Vehicle Lighting Market Dynamics:

Growing demand for LED lights in off – road vehicles owing to its compact size, long life, shockproof & waterproof properties, and multiple voltage functioning without any modifications are estimated to fuel the growth of automotive off – road vehicle lighting market over the forecast period. Furthermore, low power consumption of HID lights as compared to halogen lights and low price of halogen lamps are anticipated to further attribute towards the growth of automotive off – road vehicle lighting market. Furthermore, growing interest of end – users to make their vehicle more attractive through decoration lighting and increasing statistics of accidents are the factors further expected to fuel the growth of automotive off – road vehicle lighting market during the forecast period.

The lifespan of LED light surpasses the short life of halogen lamps by thousands of hours owing to its design factors and its high cost to meet requirements for different shape and size are estimated to hamper the growth of global automotive off – road vehicle lighting market. Moreover, high power consumption by halogens and requirement of a little bit of time to light up by HID lights are further anticipate to hinder the automotive off – road vehicle lighting market growth during the forecast period.

Automotive Off – Road Vehicle Lighting Market Segmentation:

Global automotive off – road vehicle lighting market can be segmented into product type, application, and sales channel.

On the basis of product type, global automotive off – road vehicle lighting market is segmented into

  • LED
  • Halogen
  • HID

On the basis of application, global automotive off – road vehicle lighting market is segmented into

  • Interior
  • Exterior
    • Roof
    • Tail
    • Side
    • Fog
    • Others

On the basis of sales channel, global automotive off – road vehicle lighting market is segmented into

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

Automotive Off – Road Vehicle Lighting Market Region – wise Outlook:

Global automotive off – road vehicle lighting market is primarily dominated by North America owing to strong awareness among end – users and stringent government regulations towards proper vehicle lighting to minimize accidents. Europe is further estimated to account for significant market share next to North America due to considerable growth in off – road vehicles in countries such as Germany, Italy, and Russia. Europe is expected to witness relatively steady growth during the forecast period. Asia Pacific is expected to witness substantial growth in the global automotive off – road vehicle lighting market owing to growing awareness towards advanced lighting technology such as LED and HID replacing halogens from their in-use market.

Automotive Off – Road Vehicle Lighting Market: Key Participants:

Some of the key participants in the global automotive off – road vehicle lighting market are:

  • Vision Motor Sport
  • Lazer Lamps Ltd
  • PIAA Corporation
  • HELLA GmbH & Co. KGaA
  • Oracle Lighting
  • JST Performance, LLC
  • KC HiLiTES
  • Masai/Omega Automotive Ltd
  • Guangzhou Teehon Electronics Co., LTD.
  • Peterson Manufacturing

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

Request For TOC of Report @ https://www.marketresearchreports.biz/sample/toc/11461

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

About us

MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Contact

Mr. Nachiket

State Tower

90 Sate Street, Suite 700

Albany, NY 12207

Tel: +1-518-621-2074

Website: http://www.marketresearchreports.biz/

Email: [email protected]

Go to Source
Go to Source

COLUMN-Rising inventories weigh on U.S. manufacturers and wholesalers: Kemp – Reuters UK

LONDON (Reuters) – Rising stocks of unsold products have hampered U.S. manufacturing activity over the last year and point to an economy struggling to maintain momentum amid a trade war stalemate and increasing uncertainty.

2020 Ford Explorer cars are seen at Ford’s Chicago Assembly Plant in Chicago, Illinois, U.S. June 24, 2019. REUTERS/Kamil Krzaczynski

U.S. manufacturers, wholesalers and retailers held stocks of raw materials, work-in-progress and unsold items equivalent to 1.39 months’ worth of sales at the end of April, up from 1.34 months at the end of June 2018.

The rising inventory ratio has reversed the downtrend that prevailed over the previous two years and suggests manufacturers and distributors were taken unawares by a slowdown in sales since the middle of 2018.

Elevated inventories are likely to depress new orders and manufacturing production runs over the next few months as producers and distributors try to control and then reverse the unplanned build up.

Merchant wholesalers have been the worst hit, with inventory ratios rising from a low of 1.26 months in June 2018 to 1.34 in April, according to figures from the U.S. Census Bureau.

(Chartbook: tmsnrt.rs/2Fqzlbh)

Wholesalers have reported the fastest increase in inventory ratios since the 2014/15 mid-cycle slowdown and before that the recession of 2008/09, in a sign of how rapidly and unexpectedly the economy has cooled.

The rise in wholesale inventories has been entirely concentrated in durable items intended to last three years or more where the ratio has risen to 1.75 from 1.59 in May 2018.

Within the durables sector, unsold motor vehicles and parts have surged to 1.80 months’ worth of sales from just 1.55 in June 2018 and are now at the highest level since the middle of the last recession.

By the end of April, wholesalers had $71 billion worth of unsold new autos and parts on hand, compared with $63 billion at the same point last year.

AUTO STRUGGLES

The glut of unsold cars and light trucks is consistent with other indicators that show motor manufacturing has been the weakest element of the economy over the last 12 months.

Automakers reported production down 1 percent in the three months from March to May compared with the same period a year earlier, according to the U.S. Federal Reserve.

Motor manufacturing accounted for a large part of the slowdown in the economy during the first quarter; at one point output was falling at the fastest rate since the recession, though it has since stabilised.

Automakers increased employment by just 0.5% in the three months from March to May compared with the same period a year earlier, down from 4% growth this time last year, and the worst performance for nine years.

Vehicle makers and distributors have been trying to raise prices since the middle of last year, reversing some of the previous softening in 2017 and earlier in 2018, which could account for the sales slowdown.

Even so, new vehicle prices are still slightly below where they were two years ago, a sign of how much the sector is struggling.

Consumer attitudes towards major durables purchases, which includes motor vehicles, have become significantly cautious since last year, which also helps explain the slowdown.

The proportion of consumers who think now is a good time to make a major purchase has fallen to the lowest level for three years (“Preliminary results for the May consumer survey”, University of Michigan, May 17).

The struggles of motor manufacturers are symptomatic of a wider economy in which consumers and businesses are unwilling to make expensive commitments given the atmosphere of uncertainty.

John Kemp is a Reuters market analyst. The views expressed are his own.

Related columns:

Global economy on the leading edge of recession (Reuters, June 12)

U.S. consumer confidence critical to the economic outlook (Reuters, May 31)

Markets expect rate cuts as economic outlook worsens (Reuters, May 17)

Fed rate cut likely if U.S. manufacturing continues to slow (Reuters, May 2)

Editing by David Evans

Go to Source
Go to Source

Switch to hybrids instead of electric cars, emissions firm says – Motor1 UK

Emissions Analytics says hybrids make better use of battery production than electric cars.

Hybrids, rather than electric cars, are the most effective way to reduce global vehicle emissions for the time being, an independent emissions company has said.

Emissions Analytics, which describes itself as “the world’s leading independent specialist for the scientific measurement of real-world emissions”, says scarce and expensive automotive batteries mean hybrids provide the most effective reduction in carbon dioxide emissions. When emissions savings are compared with the size of the battery involved, the company claims, battery electric vehicles (BEVs) are 21 times worse than mild hybrids such as the Suzuki Swift Hybrid and 14 times worse than so-called ‘full hybrids’, such as the Toyota Prius or Hyundai Ioniq Hybrid.

Battery sizes are measured in kilowatt-hours (kWh), and dividing the carbon dioxide savings of the vehicle by the size of the battery gives a ‘specific reduction’ in grammes per kilometre per kilowatt-hour (g/km/kWh). Emissions Analytics says electric vehicles, which have larger batteries to provide greater range, save a mere 3.5g/km/kWh, while hybrids manage 50.5g/km/kWh and mild hybrids save 73.9g/km/kWh.

The company admits these calculations do not take into account the differences in CO2 emissions resulting from fuel extraction, refining and transportation, or the production and distribution of electricity. Although the firm says some studies show the “upstream CO2 of electricity is greater than for petrol”, the relative efficiency calculations “implicitly assume” the processes produce equal amounts of carbon dioxide.

Nevertheless, Nick Molden, Emissions Analytics’ CEO says the data shows switching to hybrids, rather than electric vehicles, will make better use of the industry’s current battery production capacity.

“Electrification has proved to be a promising path to reducing tailpipe emissions,” he said. “The most extreme form of the technology – fully-electric vehicles – are often hailed as the solution. Paradoxically, full BEVs appear to be a highly inefficient way to achieve an urgent and meaningful CO2 reduction. With supply chain issues and consumer acceptance challenges including range and price, there is cause to investigate alternative use of our limited battery capacity.

“One of our biggest challenges is fleet turnover, with vehicles staying on the road typically for up to 12 years. It means that refreshing the entire fleet is a very slow process. Given reservations about current BEVs, we require an alternative that will have a more immediate impact. Due to CO2’s long life in the atmosphere, a small change now is far better than a large change in the future. We need to optimise the use of the industry’s available battery capacity to facilitate a critical early reduction.”

Go to Source
Go to Source

Mercedes-Benz Co. to establish Middle East’s first-of-its-kind logistics hub in Suez Canal Economic Zone – Egypt Independent



After at four-years hiatus, Mecredes Benz will resume assembling passenger cars in Egypt in addition to launching an investment plan in the region: the establishment of a logistics hub in the Suez Canal Economic Zone, which will be the first of its kind in the entire Middle East, according to an official statement by Mercedes Benz.

The statement indicated that after long discussions led by the Egyptian Prime Minister Mostafa Madbouli between the Mercedez-Benz group and the Egyptian government, both sides signed a memorandum of understanding for local assembly of Mercedes-Benz passenger cars in Egypt.

The highly anticipated cooperation is the foundation for the logistical hub and training center in the Suez Canal Economic Zone. The hub will enrich the region with up-to-date mobility techniques in addition to promoting the availability of self-driving and electric cars.

The agreement avowed that the market for Mercedes-Benz cars in Egypt will see further enhancement.

“Egypt has been an important market of Daimler for passenger cars, buses and commercial vehicles for many years. In the long term, we create various potentials for the country and the region through strategic cooperation for mobility topics,” Markus Schäfer, a member of the Daimler AG Board of Management for Corporate Research and Mercedes-Benz Cars Development, alluded.

In the same vein, he highlighted his company’s significant contributions to alleviating stress in the Egyptian economy.

Jörg Burzer, an executive board member of Mercedes-Benz Cars, Production and Supply Chain, mentioned that the planned local assembly will enable the company to fulfill customers’ desires and needs easily as the assembly will rely on a locally-based production network.

The statement mentioned the participation of local suppliers, confirming that this agreement will secure more than 1,000 direct and indirect job opportunities in the Egyptian market.

The prestigious auto giant closed its production line in Egypt four years ago due to unrevealed reasons. The company then changed its mind and decided to jump back into the Egyptian market, a step approved this year by Egypt’s prime minister.


Related Stories

Go to Source
Go to Source

Here is the BMW’s new electric motorcycle concept – TechObserver

Today, at BMW’s inaugural NextGen event, the company showed the BMW Motorrad Vision DC Roadster, which is its’s newest electric concept bike. The company hasn’t done all that well in the electric motorcycle department, but we can say after this event that company is working hard on this.

However, BMW has a long history of building motorcycles, but there is no guarantee that this concept will ever come to market. Whether this concept comes to the market or not, it will provide inspiration to the other production projects. It is a very hard step for the company to introduce electric motors, as it has been associated with its 2-cylinder boxer engine for ages. For the production of successful electric motorcycle, then it must offer a valuable package for buyers. Not only performance, a great productivity should retains the brand image that buyers associate with BMW motorcycles.

The Vision roadster has a battery pack with coolers, where a typical BMW motorbike would usually have its engine. The bike itself is built using aluminum and carbon fiber to reduce weight while the LED lighting system echoes the light design on current BMW motorcycles. As there’s no gas engine, that means there’s no need for a gas tank, which means there’s more space to get expressive with the design.

read also:Lucid Motors is working on an Electric SUV which might unveil this year

The size of the engine affects the weight distribution and center of gravity. As the nature of the electric motor is small, but the nature of the batteries are not according to it. So, the things are being shuffled up by BMW Motorrad. The battery is in the place of the boxer engine. To keep temperatures manageable, the cooling elements are exposed and placed in the air stream. These cooling elements move outward when the bike starts up. It uses a universal shaft to drive the rear wheel, instead of using a chain.

When the bike is in motion, there is a set of fluorescent elements on the sides of the tires that can create designs. The rider’s gear is also very interesting. The suit has built-in magnets, a rucksack can be attached to it. It looks more like street wear than traditional armor. The rider just have to pull and detach the magnets, whenever he needs something.

The BMW Motorrad Vision DC has a very interesting look, and obviously it gives us a vision of future of BMW’s motorcycle division.

Go to Source
Go to Source

Electric Vehicles (EVs) Market Growing Popularity and Emerging Trends | BYD, Bayerische Motoren Werke, Daimler, Dongfeng Electric Vehicle, FDG Electric Vehicles, Faraday Future – Market News Reports

HTF MI released a new market study on Global Electric Vehicles (EVs) Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Electric Vehicles (EVs) Forecast till 2025*. Some are the key players taken under coverage for this study are BYD, Bayerische Motoren Werke, Daimler, Dongfeng Electric Vehicle, FDG Electric Vehicles, Faraday Future, Ford Motor, General Motors, Global Electric Motorcars, Groupe Renault, Honda Motor, Hyundai Motor, Karma Automotive, Lucid Motors, Mitsubishi Motors, NEXT Future, NextEV, Nissan Motor, Tesla Motors, Geely Group & Toyota Motor.

Click to get Global Electric Vehicles (EVs) Market Research Sample PDF Copy Here @: https://www.htfmarketreport.com/sample-report/1542462-global-electric-vehicles-9

Important Features that are under offering & key highlights of the report :

1) What all companies are currently profiled in the report?
Following are list of players that are currently profiled in the report “BYD, Bayerische Motoren Werke, Daimler, Dongfeng Electric Vehicle, FDG Electric Vehicles, Faraday Future, Ford Motor, General Motors, Global Electric Motorcars, Groupe Renault, Honda Motor, Hyundai Motor, Karma Automotive, Lucid Motors, Mitsubishi Motors, NEXT Future, NextEV, Nissan Motor, Tesla Motors, Geely Group & Toyota Motor”
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.

2) Can we add or profiled new company as per our need?
Yes, we can add or profile new company as per client need in the report. Final confirmation to be provided by research team depending upon the difficulty of survey.
** Data availability will be confirmed by research in case of privately held company. Upto 3 players can be added at no added cost.

3) What all regional segmentation covered? Can specific country of interest be added?
Currently, research report gives special attention and focus on following regions:
United States, Europe, China, Japan, South Korea, India & Other Regions
** One country of specific interest can be included at no added cost. For inclusion of more regional segment quote may vary.

4) Can inclusion of additional Segmentation / Market breakdown is possible?
Yes, inclusion of additional segmentation / Market breakdown is possible subject to data availability and difficulty of survey. However a detailed requirement needs to be shared with our research before giving final confirmation to client.
** Depending upon the requirement the deliverable time and quote will vary.

Enquire for customization in Report @ https://www.htfmarketreport.com/enquiry-before-buy/1542462-global-electric-vehicles-9

To comprehend Global Electric Vehicles (EVs) market dynamics in the world mainly, the worldwide Electric Vehicles (EVs) market is analyzed across major global regions. HTF MI also provides customized specific regional and country-level reports for the following areas.

• North America: United States, Canada, and Mexico.
• South & Central America: Argentina, Chile, and Brazil.
• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
• Europe: UK, France, Italy, Germany, Spain, and Russia.
• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

2-Page profiles for 10+ leading manufacturers and 10+ leading retailers is included, along with 3 years financial history to illustrate the recent performance of the market. Revised and updated discussion for 2018 of key macro and micro market influences impacting the sector are provided with a thought-provoking qualitative comment on future opportunities and threats. This report combines the best of both statistically relevant quantitative data from the industry, coupled with relevant and insightful qualitative comment and analysis.

Global Electric Vehicles (EVs) Product Types In-Depth: Battery Powered Electric Vehicles, Hybrid Electric Vehicles & Fuel Cell Electric Vehicles

Global Electric Vehicles (EVs) Major Applications/End users: Commercial Vehicle & Passenger Vehicle 

Geographical Analysis: United States, Europe, China, Japan, South Korea, India & Other Regions

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as BYD, Bayerische Motoren Werke, Daimler, Dongfeng Electric Vehicle, FDG Electric Vehicles, Faraday Future, Ford Motor, General Motors, Global Electric Motorcars, Groupe Renault, Honda Motor, Hyundai Motor, Karma Automotive, Lucid Motors, Mitsubishi Motors, NEXT Future, NextEV, Nissan Motor, Tesla Motors, Geely Group & Toyota Motor includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

Buy Full Copy Global Electric Vehicles (EVs) Report 2018 @ https://www.htfmarketreport.com/buy-now?format=1&report=1542462

In this study, the years considered to estimate the market size of Global Electric Vehicles (EVs) are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

Key Stakeholders/Global Reports:
Electric Vehicles (EVs) Manufacturers
Electric Vehicles (EVs) Distributors/Traders/Wholesalers
Electric Vehicles (EVs) Subcomponent Manufacturers
Industry Association
Downstream Vendors

Browse for Full Report at @: https://www.htfmarketreport.com/reports/1542462-global-electric-vehicles-9

Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

Contact US :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com

Connect with us at
https://www.linkedin.com/company/13388569/
https://www.facebook.com/htfmarketintelligence/
https://twitter.com/htfmarketreport
https://plus.google.com/u/0/+NidhiBhawsar-SEO_Expert?rel=author

Go to Source
Go to Source