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Global Independent Aftermarket Boosted by Out-of-warranty Tesla Vehicles

Retrieved on:

Tuesday, July 12, 2022

OTA, Frost & Sullivan, Bev, Frost, China Mobile Research Institute, BEV, Organization, Mobility, Original equipment manufacturer, Present value of growth opportunities, EV, Car dealership, Satellite navigation device

SAN ANTONIO, July 12, 2022 /PRNewswire/ -- Tesla's shift toward a vertically integrated sales and service model creates the need for traditional partnerships with third-party franchised dealers for vehicle repairs, finds Frost & Sullivan's recent analysis Growth Opportunities in Tesla's Global Aftersales Strategy. This leads the company to ramp up its mobile service fleet and collaborate with independent aftermarket repair service providers globally to sustain customer satisfaction. Additionally, as the number of out-of-warranty Tesla vehicles increases worldwide, the service and aftersales segments will emerge as a positive gross margin contributor for Tesla.

Key Points:

This leads the company to ramp up its mobile service fleet and collaborate with independent aftermarket repair service providers globally to sustain customer satisfaction.
Additionally, as the number of out-of-warranty Tesla vehicles increases worldwide, the service and aftersales segments will emerge as a positive gross margin contributor for Tesla.
This resulting low-cost structure enables Tesla to improve its mobile service segment's bottom line, thereby driving gross service margins."
Independent aftermarket repairers should move fast to form partnerships with manufacturers and offer mobile services to customers and fleets.

Global Independent Aftermarket Boosted by Out-of-warranty Tesla Vehicles

Retrieved on:

Tuesday, July 12, 2022

SAN ANTONIO, July 12, 2022 /PRNewswire/ -- Tesla's shift toward a vertically integrated sales and service model creates the need for traditional partnerships with third-party franchised dealers for vehicle repairs, finds Frost & Sullivan's recent analysis Growth Opportunities in Tesla's Global Aftersales Strategy. This leads the company to ramp up its mobile service fleet and collaborate with independent aftermarket repair service providers globally to sustain customer satisfaction. Additionally, as the number of out-of-warranty Tesla vehicles increases worldwide, the service and aftersales segments will emerge as a positive gross margin contributor for Tesla.

Key Points:

This leads the company to ramp up its mobile service fleet and collaborate with independent aftermarket repair service providers globally to sustain customer satisfaction.
Additionally, as the number of out-of-warranty Tesla vehicles increases worldwide, the service and aftersales segments will emerge as a positive gross margin contributor for Tesla.
This resulting low-cost structure enables Tesla to improve its mobile service segment's bottom line, thereby driving gross service margins."
Independent aftermarket repairers should move fast to form partnerships with manufacturers and offer mobile services to customers and fleets.

KBRA UK Releases Research – Europe’s Electric Auto Revolution: Gaining Power, but Long Road Ahead

Retrieved on:

Thursday, July 7, 2022

Professional Services, Automotive, Other Automotive, EV, Electric Vehicles, Alternative Vehicles, Fuels, Finance, ABS, PHEV, EV, Growth, HEV, Bev, EVS, KBRA, BEV, Taxicab, EU

KBRA UK (KBRA) releases a report exploring the changing dynamics of the European auto market and the challenges presented by the electric conversion.

Key Points:

KBRA UK (KBRA) releases a report exploring the changing dynamics of the European auto market and the challenges presented by the electric conversion.
In Europe, sales growth of electric vehicles (EV)including battery electric vehicles (BEV), plug-in hybrid electric vehicles (PHEV), and hybrid electric vehicles (HEV)surged to 44% of new vehicle registrations in Q1 2022.
Investors and market participants are eager to see the funding of these sales convert into a green securitisation of EVs.
Auto asset-backed security (ABS) securitisations are increasingly including EVs in their pools, with 2022 transactions containing between 2% and 30.7% of BEVs and hybrids.

2022 Outlook on the Global Electric Vehicles Market - OEMs to Shift to an Advanced Battery Management System and Power Electronics on EVs - ResearchAndMarkets.com

Retrieved on:

Wednesday, July 6, 2022

The "Global Electric Vehicles Outlook, 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Global Electric Vehicles Outlook, 2022" report has been added to ResearchAndMarkets.com's offering.
APAC recorded a 151.7% YoY growth, the highest among others, helping it widen the gap between itself and Europe in 2021.
Leading battery manufacturers (BYD, CATL, and LG Chem) and OEMs (for example, BYD, Daimler, and VW) are now looking at next-generation battery technology.
The 2021 Global Electric Car Market, Actuals Versus Forecast
Why Is It Increasingly Difficult to Grow?

Transformation in Action: Trémery-Metz Powertrain Plants in France Support Stellantis’ Electrified Portfolio

Retrieved on:

Wednesday, June 29, 2022

Trmery-Metz is a prime example of how we are executing our manufacturing transformation, both in France, and across our global operations, said Carlos Tavares, Stellantis CEO.

Key Points:

Trmery-Metz is a prime example of how we are executing our manufacturing transformation, both in France, and across our global operations, said Carlos Tavares, Stellantis CEO.
Backed by 93 million of industrial investments to date, Emotors aims to drive Stellantis electrification growth while also meeting the needs of other automakers.
The regions long industrial history allows Stellantis to benefit from 3,230 highly skilled employees whose professionalism and rigor are unanimously recognized.
As Stellantis continues investing in its electric future, its transformation is being carried out in co-construction with unions and social partners in France to ensure the sustainability of its manufacturing operations.

Li Auto Inc. Announces At-The-Market Offering of American Depositary Shares

Retrieved on:

Tuesday, June 28, 2022

BEIJING, China, June 28, 2022 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI; HKEX: 2015), a leader in Chinas new energy vehicle market, today announced that it has filed a prospectus supplement to sell up to an aggregate of US$2,000,000,000 of American depositary shares (ADSs), each representing two Class A ordinary shares of the Company, through an at-the-market equity offering program (the ATM Offering) on the Nasdaq Global Select Market.

Key Points:

BEIJING, China, June 28, 2022 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI; HKEX: 2015), a leader in Chinas new energy vehicle market, today announced that it has filed a prospectus supplement to sell up to an aggregate of US$2,000,000,000 of American depositary shares (ADSs), each representing two Class A ordinary shares of the Company, through an at-the-market equity offering program (the ATM Offering) on the Nasdaq Global Select Market.
The Company has entered into an equity distribution agreement with the sales agents relating to the ATM Offering.
Its model lineup includes Li ONE, a six-seat, large premium smart electric SUV, and Li L9, a six-seat, full-size, flagship smart SUV.
Further information regarding these and other risks is included in Li Autos filings with the SEC and the HKEX.

Global Portable Power Inverter Markets, 2021-2022 & 2028: Increasing Government Initiatives to Reduce the Emission of GHG & Increasing Adoption of Solar Energy - ResearchAndMarkets.com

Retrieved on:

Friday, June 24, 2022

The global portable power inverter market is expected to grow from US$ 1,359.21 million in 2021 to US$ 2,206.57 million by 2028.

Key Points:

The global portable power inverter market is expected to grow from US$ 1,359.21 million in 2021 to US$ 2,206.57 million by 2028.
The rising penetration of electric vehicles across the globe is one of the major factors driving the growth of the portable power inverter market.
Additionally, the rapid increase in energy demands necessitates utilizing alternative energy sources, further driving the portable power inverter market growth.
The increasing uptake of solar energy for electricity generation is expected to drive the demand for portable power inverters, thereby, boosting the portable power inverter market size.

Jiuzi Holdings Inc. to Announce Entry Into an Electric Vehicle Purchase Agreement with Authorized Agent of WM Motor Technology Co., Ltd.

Retrieved on:

Thursday, June 23, 2022

"The industry consensus is that the domestic new energy vehicle market would significantly grow for years to come."

Key Points:

"The industry consensus is that the domestic new energy vehicle market would significantly grow for years to come."
said Mr. Shuibo Zhang, CEO of Jiuzi Holdings, Inc. "Since May 2022, government policies fostering the new energy vehicle industry have been favorable.
More than twenty provinces and cities have issued new energy vehicle stimulus policies, with subsidy up to RMB 10,000 per unit.
We are currently negotiating with many new energy vehicle manufacturers, and our Weltmeister purchase agreement is a brilliant start.

Storytelling Drinks Labels Capture Millennials Market

Retrieved on:

Tuesday, June 21, 2022

Social media, Abita River, Industry, AB, Multimedia, Budweiser, Friends, Adoption, Reality, Technology, Chaffey, Wow, Video game console, Coffee, Video game, Beer, Entertainment, Bev

MELBOURNE, Australia, June 21, 2022 /PRNewswire/ -- A clever way for consumers to discover the story behind their favourite drinks will soon be a feature on whiskey, gin, and vodka, with the popular concept expanding beyond the beer industry.

Key Points:

SWIGR, a new-generation smartphone App, enables consumers to scan labels with their phones to discover the stories behind the product.
The concept is purpose-built to appeal to a new generation of consumers, with a cleverly crafted solution that harnesses new technology and social storytelling.
"It's a compelling drawcard for millennials the under forties, who are socially connected, and always on their phones.
"We see this as a new opportunity for drinks makers to really connect with their audience, and we're looking forward to seeing how the spirits market develops."

Juniper Research: On-road Hydrogen Vehicles to Exceed 1 Million Globally by 2027, Juniper Research Study Finds

Retrieved on:

Monday, June 20, 2022

A new study from Juniper Research has found the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022 a substantial growth of over 1,500%.

Key Points:

A new study from Juniper Research has found the number of hydrogen vehicles in service globally will exceed 1 million in 2027, from just over 60,000 in 2022 a substantial growth of over 1,500%.
Juniper Research defines hydrogen vehicles as vehicles that use hydrogen propulsion systems as their onboard fuel.
The research identified hydrogen vehicles as an increasingly viable alternative to BEVs (Battery Electric Vehicles).
The research forecasts that the consumer market will lead the hydrogen vehicles space, with consumer vehicles accounting for over 60% of hydrogen vehicles in service globally in 2027.