Hybrid electric vehicle

Aircraft Engine Test Cells Market worth $4.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 14, 2024

The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).

Key Points: 
  • The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).
  • Due to its superior altitude capability over other engine types, turbofans are expected to dominate the aircraft engine test cells market throughout the forecast period.
  • Based on solution type, the test cells segment is projected to lead the aircraft engine test cells industry during the forecast period.
  • The market for aircraft engine test cell solutions has been divided into test cell, component test bench, software, ancillary system, and data acquisition & control system.

Aircraft Engine Test Cells Market worth $4.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 14, 2024

The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).

Key Points: 
  • The market for aircraft engine test cell solutions has been divided into four segments based on engine tests: piston engine, APU, turbofan, turbojet, and turboshaft (Auxiliary Power Unit).
  • Due to its superior altitude capability over other engine types, turbofans are expected to dominate the aircraft engine test cells market throughout the forecast period.
  • Based on solution type, the test cells segment is projected to lead the aircraft engine test cells industry during the forecast period.
  • The market for aircraft engine test cell solutions has been divided into test cell, component test bench, software, ancillary system, and data acquisition & control system.

Charging Ahead: New GBK Collective Study on EV Adoption Reveals Half of U.S. Households Considering EV or Hybrid for Their Next Vehicle

Retrieved on: 
Thursday, January 25, 2024

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    Conducted with over 2,000 consumers, the study reveals that the next wave of consumers considering an EV or hybrid are more budget conscious.
  • Yet GBK found that potential EV buyers are willing to pay on average $7,650 more for an EV compared to a gasoline-powered vehicle with similar features.
  • “It is also clear that consumers considering an EV or hybrid are more pragmatic and cost-conscious than current EV owners.
  • According to GBK’s study , consumers considering a new EV or hybrid are more attracted by perceived environmental benefits than current EV owners (40% vs 56%).

Toyota Launches All-New Crown Sport-type PHEV model in Japan

Retrieved on: 
Tuesday, December 19, 2023

Toyota City, Japan, Dec 19, 2023 - (JCN Newswire) - Toyota Motor Corporation announced that it will commence sales of its all-new Crown Sport Plug-in Hybrid Electric Vehicle (PHEV) model in Japan today.

Key Points: 
  • Toyota City, Japan, Dec 19, 2023 - (JCN Newswire) - Toyota Motor Corporation announced that it will commence sales of its all-new Crown Sport Plug-in Hybrid Electric Vehicle (PHEV) model in Japan today.
  • A new addition to the Crown line-up, the Sport PHEV model is designed to enhance its fun, sporty driving experience.
  • Alongside the Crown Crossover HEV, Sport HEV, Sedan HEV, and FCEV models, through the all-new Sport PHEV, Toyota provides customers with an important range of options as it continues its path of decarbonization.
  • - The Crown Sport PHEV model is based on the Sport Z grade, HEV model, but features added braces to the floor tunnel to ensure an optimal balance of body rigidity.

MAZDA CX-90 PHEV SELECTED AS A GOOD HOUSEKEEPING 2024 FAMILY TRAVEL AWARDS WINNER

Retrieved on: 
Wednesday, November 15, 2023

IRVINE, Calif., Nov. 15, 2023 /PRNewswire/ -- Mazda North American Operations (MNAO) announced today that the Mazda CX-90 Plug-in Hybrid Electric Vehicle (PHEV) was named as a winner in Good Housekeeping's 2024 Family Travel Awards.

Key Points: 
  • IRVINE, Calif., Nov. 15, 2023 /PRNewswire/ -- Mazda North American Operations (MNAO) announced today that the Mazda CX-90 Plug-in Hybrid Electric Vehicle (PHEV) was named as a winner in Good Housekeeping's 2024 Family Travel Awards.
  • The Mazda CX-90 PHEV is built on Mazda's all-new large platform with families in mind.
  • "We're thrilled that the Mazda CX-90 PHEV has been named a winner of the 2024 Family Travel Awards by Good Housekeeping," said Brad Audet, CMO of Mazda North American Operations.
  • Winning a Good Housekeeping 2024 Family Travel Award reinforces why the CX-90 PHEV was made, to give families the optimal driving experience."

Toyota Unveils the Powerful and Purely Hybrid Next Generation Camry

Retrieved on: 
Wednesday, November 15, 2023

Powering the Camry is Toyota's first-ever sedan pairing of its 2.5-liter, 4-cylinder engine and fifth-generation Toyota Hybrid System (THS 5).

Key Points: 
  • Powering the Camry is Toyota's first-ever sedan pairing of its 2.5-liter, 4-cylinder engine and fifth-generation Toyota Hybrid System (THS 5).
  • For the first time ever on a Camry Hybrid, Toyota's Electronic On-Demand All-Wheel Drive (AWD) system will be available on all grades.
  • The 2025 Toyota Camry is expected to arrive at Toyota Dealerships in the Spring of 2024.
  • The ninth generation Camry, designed by CALTY's Newport Beach, California and Ann Arbor, Michigan studios, delivers a sleeker, athletic look to the popular sedan's design.

Porsche receives top honor in new J.D. Power study

Retrieved on: 
Tuesday, September 26, 2023

Power, a global leader in customer insights, announced today that Porsche is ranked number one in the premium car category in the 2023 U.S.

Key Points: 
  • Power, a global leader in customer insights, announced today that Porsche is ranked number one in the premium car category in the 2023 U.S.
  • This is the second consecutive year Porsche has received this honor.
  • The study measures customer loyalty by analyzing whether an owner purchased the same brand after trading in their existing vehicle.
  • The study includes brand loyalty across five segments; premium car; premium SUV, mass market car mass market SUV and truck.

With More Choices, Brand Loyalty Slips among New-Vehicle Owners, J.D. Power Finds

Retrieved on: 
Tuesday, September 26, 2023

Toyota ranks highest among mass market brand car owners for a second consecutive year, with a 60.0% loyalty rate.

Key Points: 
  • Toyota ranks highest among mass market brand car owners for a second consecutive year, with a 60.0% loyalty rate.
  • Subaru ranks highest among mass market brand SUV owners with a 61.1% loyalty rate.
  • Ford ranks highest among truck owners for a second consecutive year, with a 64.6% loyalty rate, the highest loyalty rate in the study.
  • The study includes brand loyalty across five segments: premium car; premium SUV; mass market car; mass market SUV; and truck.

The Electric Truck Market Is Poised To Achieve Remarkable Growth At A CAGR Of More Than 49% - By The Business Research Company

Retrieved on: 
Friday, September 15, 2023

LONDON, Sept. 15, 2023 /PRNewswire/ -- As per The Business Research Company's Electric Truck Global Market Report 2023, the electric truck market is on an electrifying trajectory, with impressive growth figures that are reshaping the transportation landscape. In 2023, the market size is set to surge to $2.72 billion from $1.85 billion in 2022, reflecting an astonishing compound annual growth rate (CAGR) of 47.5%. Projections indicate that the electric truck market is poised to achieve remarkable heights, with an estimated size of $13.63 billion by 2027, boasting a compelling CAGR of 49.6%. Several factors are steering this growth.

Key Points: 
  • LONDON, Sept. 15, 2023 /PRNewswire/ -- As per The Business Research Company's Electric Truck Global Market Report 2023, the electric truck market is on an electrifying trajectory, with impressive growth figures that are reshaping the transportation landscape.
  • Projections indicate that the electric truck market is poised to achieve remarkable heights, with an estimated size of $13.63 billion by 2027, boasting a compelling CAGR of 49.6%.
  • BYD Company Ltd. emerged as the largest competitor with a 15.58% electric truck market share, followed by AB Volvo, Volkswagen AG, and others.
  • Asia Pacific led the electric truck market in 2022, commanding 87.0% of the total market, followed by North America and other regions.

The Electric Truck Market Is Poised To Achieve Remarkable Growth At A CAGR Of More Than 49% - By The Business Research Company

Retrieved on: 
Friday, September 15, 2023

LONDON, Sept. 15, 2023 /PRNewswire/ -- As per The Business Research Company's Electric Truck Global Market Report 2023, the electric truck market is on an electrifying trajectory, with impressive growth figures that are reshaping the transportation landscape. In 2023, the market size is set to surge to $2.72 billion from $1.85 billion in 2022, reflecting an astonishing compound annual growth rate (CAGR) of 47.5%. Projections indicate that the electric truck market is poised to achieve remarkable heights, with an estimated size of $13.63 billion by 2027, boasting a compelling CAGR of 49.6%. Several factors are steering this growth.

Key Points: 
  • LONDON, Sept. 15, 2023 /PRNewswire/ -- As per The Business Research Company's Electric Truck Global Market Report 2023, the electric truck market is on an electrifying trajectory, with impressive growth figures that are reshaping the transportation landscape.
  • Projections indicate that the electric truck market is poised to achieve remarkable heights, with an estimated size of $13.63 billion by 2027, boasting a compelling CAGR of 49.6%.
  • BYD Company Ltd. emerged as the largest competitor with a 15.58% electric truck market share, followed by AB Volvo, Volkswagen AG, and others.
  • Asia Pacific led the electric truck market in 2022, commanding 87.0% of the total market, followed by North America and other regions.