Electric vehicle conversion

Volvo Cars to be fully electric by 2030

Tuesday, March 2, 2021 - 5:00am

GOTHENBURG, Sweden, March 2, 2021 /PRNewswire/ -- Volvo Cars is committed to becoming a leader in the fast-growing premium electric car market and plans to become a fully electric car company by 2030.

Key Points: 
  • GOTHENBURG, Sweden, March 2, 2021 /PRNewswire/ -- Volvo Cars is committed to becoming a leader in the fast-growing premium electric car market and plans to become a fully electric car company by 2030.
  • By then, the company intends to only sell fully electric cars and phase out any car in its global portfolio with an internal combustion engine, including hybrids.
  • The 2030 ambition represents an acceleration of Volvo Cars' electrification strategy, driven by strong demand for its electrified cars in recent years and a firm conviction that the market for combustion engine cars is a shrinking one.
  • Volvo Cars launched its first fully electric car, the XC40 Recharge, in markets around the globe last year.

Volvo Cars to be fully electric by 2030

Tuesday, March 2, 2021 - 5:00am

GOTHENBURG, Sweden, March 2, 2021 /PRNewswire/ -- Volvo Cars is committed to becoming a leader in the fast-growing premium electric car market and plans to become a fully electric car company by 2030.

Key Points: 
  • GOTHENBURG, Sweden, March 2, 2021 /PRNewswire/ -- Volvo Cars is committed to becoming a leader in the fast-growing premium electric car market and plans to become a fully electric car company by 2030.
  • By then, the company intends to only sell fully electric cars and phase out any car in its global portfolio with an internal combustion engine, including hybrids.
  • The 2030 ambition represents an acceleration of Volvo Cars' electrification strategy, driven by strong demand for its electrified cars in recent years and a firm conviction that the market for combustion engine cars is a shrinking one.
  • Volvo Cars launched its first fully electric car, the XC40 Recharge, in markets around the globe last year.

Over 4 Million Units Growth in Global Commercial Vehicle Fuel Tank Market 2021-2025 | LCV Segment to Offer Maximum Opportunities | Technavio

Monday, March 1, 2021 - 3:45pm

COVID-19 will have a low impact on the commercial vehicle fuel tank market.

Key Points: 
  • COVID-19 will have a low impact on the commercial vehicle fuel tank market.
  • Based on the application, the market witnessed maximum growth in the LCV segment in 2019.
  • In a bid to help players strengthen their market foothold, this commercial vehicle fuel tank marketforecast report provides a detailed analysis of the leading market vendors.
  • Commercial Vehicle Fuel Tank Market 2021-2025: Segmentation
    Commercial Vehicle Fuel Tank Market is segmented as below:

Worldwide Refrigeration Components for Battery Thermal Management Systems & Charging Systems for Electric Vehicles Industry to 2025 - Featuring Hella, Hanon Systems and Robert Bosch Among Others

Monday, March 1, 2021 - 12:15pm

What is the competitive positioning of various market leaders catering to the demand for refrigeration component market for electric vehicles?

Key Points: 
  • What is the competitive positioning of various market leaders catering to the demand for refrigeration component market for electric vehicles?
  • What are the key offerings of the prominent manufacturers in the global refrigeration component market for electric vehicles market?
  • This report considers battery electric vehicles, plug-in hybrid electric vehicles, hybrid electric vehicles, and high-power charging systems for estimations and forecast.
  • The key market players in the global refrigeration component market for electric vehicles include Hella, Hanon Systems, Robert Bosch, Gantherm Incorporated, Valeo, and Denso Corporation, among others.

Global Automotive Engine Management System Market (2020 to 2025) - Replacement of ECUs Due to Increasing Average Life of Vehicles Presents Opportunities

Friday, February 26, 2021 - 4:30pm

However, increasing sales of electric vehicles due to attractive government incentives are expected to impact the engine management system market.

Key Points: 
  • However, increasing sales of electric vehicles due to attractive government incentives are expected to impact the engine management system market.
  • As the engine management system market is dependent on vehicle production, this market is expected to be impacted due to this outbreak.
  • The upcoming emission norms in the Asia Pacific are the most prominent driving forces for the engine management system market.
  • Thus, the market for engine management systems in the region is expected to grow significantly in the coming years.

2020 Electric Vehicle (EV) Regulation Overview in Key European Markets: Cash Incentives to be Discontinued in the Next 3-5 years / Non-cash Incentives to Prevail for at least 10 Years

Thursday, February 25, 2021 - 9:45pm

DUBLIN, Feb. 25, 2021 /PRNewswire/ -- The "Electric Vehicle (EV) Regulation Overview in Key European Markets 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 25, 2021 /PRNewswire/ -- The "Electric Vehicle (EV) Regulation Overview in Key European Markets 2020" report has been added to ResearchAndMarkets.com's offering.
  • This study gives a detailed analysis of EV incentives, subsidies, and taxation scenarios in each European country and their impact on EV sales.
  • The automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues.
  • Countries across Europe have similar approaches with various types of EV purchase incentives, EV taxation policies, EV infrastructure incentives, and urban access regulations.

Senmiao Technology Announces Third Order of 200 Electric Vehicles Under Framework Agreement with BYD

Thursday, February 25, 2021 - 2:00pm

Senmiao also expects to implement services and technology in these vehicles in preparation for independent drivers to use them for ride-hailing activities, including advanced telematics and mapping software.

Key Points: 
  • Senmiao also expects to implement services and technology in these vehicles in preparation for independent drivers to use them for ride-hailing activities, including advanced telematics and mapping software.
  • The order was made pursuant to the previously announced framework agreement with BYD Auto Sales Co., Ltd. for the purchase of BYD manufactured EVs and joint promotion of the use of EVs in China's ride-hailing market.
  • With this third order, Senmiao has ordered an aggregate of 1,200 of the 5,000 vehicles expected to be ordered in 2020-2021.
  • Senmiao intends to finance the purchase of these 200 vehicles with cash on hand.

Canada Invests in New EV Chargers Across Prince Edward Island

Thursday, February 25, 2021 - 2:00pm

The Honourable Lawrence MacAulay, Minister of Veterans Affairs and Associate Minister of National Defence, on behalf of the Honourable Seamus O'Regan Jr., Canada's Minister of Natural Resources, today announced a $250,000 investment for Maritime Electric to install 50 Level 2 electric vehicle (EV) chargers across Prince Edward Island (PEI).

Key Points: 
  • The Honourable Lawrence MacAulay, Minister of Veterans Affairs and Associate Minister of National Defence, on behalf of the Honourable Seamus O'Regan Jr., Canada's Minister of Natural Resources, today announced a $250,000 investment for Maritime Electric to install 50 Level 2 electric vehicle (EV) chargers across Prince Edward Island (PEI).
  • Federal funding isprovided throughNatural Resources Canada's Zero-Emission Vehicle Infrastructure Program , which is supporting the government's ambitious target to have all new passenger vehicles sold in Canada be ZEV by 2040.
  • The government has provided over $600 million to help make EVs more affordable and infrastructure more readily available.
  • The infrastructure resulting from these investments will ensure that people can drive and charge their vehicles across Canada.

Global Refrigeration Components Market (2020 to 2025) - Focus on Applications, Component Types, Propulsion Type, and Region - ResearchAndMarkets.com

Wednesday, February 24, 2021 - 5:01pm

Key Questions Answered in this Report:

Key Points: 
  • Key Questions Answered in this Report:
    How is the refrigeration component market for electric vehicles evolving with new technologies and products in the global market?
  • What is the competitive positioning of various market leaders catering to the demand for refrigeration component market for electric vehicles?
  • Which application type segment is estimated to witness the maximum demand growth in the global refrigeration component market for electric vehicles market during 2019-2025?
  • What are the key offerings of the prominent manufacturers in the global refrigeration component market for electric vehicles market?

The Electric Vehicle Revolution Is Heading Into Overdrive

Wednesday, February 24, 2021 - 1:00pm

So just like the mobility hubs in Norway, drivers no longer have to pay the upfront cost to get the benefit of driving an electric vehicle.

Key Points: 
  • So just like the mobility hubs in Norway, drivers no longer have to pay the upfront cost to get the benefit of driving an electric vehicle.
  • Li Auto (LI)is another ambitious company looking to make a dent in the Chinese electric vehicle space.
  • Backed by Chinese giants Meituan and Bytedance, Li has taken a different approach to the electric vehicle market.
  • Ford (F)is another Detroit legend that is looking to jump on the electric vehicle boom.