Battery electric vehicle

Electric Passenger Car MRO Market to Soar to US$ 28,317.3 Million by 2033 Fueled by Rising Electric Car Popularity | Future Market Insights, Inc.

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Tuesday, November 28, 2023

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NEWARK, Del., Nov. 28, 2023 /PRNewswire/ -- The global electric passenger car MRO market net worth was recorded to have reached US$ 3,402 million in 2022. As per the recently released report, the overall demand for electric passenger car MRO is anticipated to register a CAGR of 21.2% from 2023 to 2033. Furthermore, this research report on the electric passenger car MRO market estimates the overall valuation to rise from US$ 4,140.2 million in 2023 to nearly US$ 28,317.3 million by 2033.

Key Points:

Electric Passenger Car MRO Market by Vehicle Type, Service Provider & Region, Growth Opportunities and Revenue Forecast, Forecast 2023 to 2033
NEWARK, Del., Nov. 28, 2023 /PRNewswire/ -- The global electric passenger car MRO market net worth was recorded to have reached US$ 3,402 million in 2022.
Furthermore, this research report on the electric passenger car MRO market estimates the overall valuation to rise from US$ 4,140.2 million in 2023 to nearly US$ 28,317.3 million by 2033.
Electric Passenger Car MRO Services Market Overview:
Get an Exclusive Sample Copy of the Electric Passenger Car MRO Market, 2023-2033: https://www.futuremarketinsights.com/reports/sample/REP-GB-16461
The global electric passenger car MRO market is expanding quickly because of the effort of EV manufacturers to achieve consistency in the production and use of all types of electric vehicles.
The growing need for MRO services by electric vehicle owners as well as EV manufacturers is the key factor driving the global electric passenger car MRO market.

Hypercharger Market worth 273.7 thousand Units by 2030 - Exclusive Report by MarketsandMarkets™

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Tuesday, November 21, 2023

These launches contribute to overcoming range anxiety, a significant concern for potential electric vehicle buyers.

Key Points:

These launches contribute to overcoming range anxiety, a significant concern for potential electric vehicle buyers.
The Megawatt segment is poised for substantial growth in the global Hypercharger industry due to its pivotal role in addressing the specific needs of Heavy Commercial Vehicles (HCVs).
Megawatt charging systems are designed to cater to these heavy-duty vehicles, offering ultra-fast charging speeds that significantly reduce downtime.
The major players in Hypercharger Market include ABB (Switzerland), Electrify America (US), Heliox (Netherlands), Tritium (Australia) and IONITY (Germany), etc.

Hypercharger Market worth 273.7 thousand Units by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Tuesday, November 21, 2023

These launches contribute to overcoming range anxiety, a significant concern for potential electric vehicle buyers.

Key Points:

These launches contribute to overcoming range anxiety, a significant concern for potential electric vehicle buyers.
The Megawatt segment is poised for substantial growth in the global Hypercharger industry due to its pivotal role in addressing the specific needs of Heavy Commercial Vehicles (HCVs).
Megawatt charging systems are designed to cater to these heavy-duty vehicles, offering ultra-fast charging speeds that significantly reduce downtime.
The major players in Hypercharger Market include ABB (Switzerland), Electrify America (US), Heliox (Netherlands), Tritium (Australia) and IONITY (Germany), etc.

Nationwide Electrify Expo Tour - Starring Award-winning Mitsubishi Outlander Plug-in Hybrid - Concludes in Austin, Texas, Nov. 10-12

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Tuesday, November 7, 2023

"The Mitsubishi Outlander Plug-in Hybrid has been wildly popular, both on the test track at each Electrify Expo stop across the country this year, and in our dealer partners' showrooms," said Mark Chaffin, Mitsubishi Motors North America (MMNA) President and CEO.

Key Points:

"The Mitsubishi Outlander Plug-in Hybrid has been wildly popular, both on the test track at each Electrify Expo stop across the country this year, and in our dealer partners' showrooms," said Mark Chaffin, Mitsubishi Motors North America (MMNA) President and CEO.
"The Outlander Plug-in Hybrid is a logical first step for many consumers motivated by environmental awareness and looking to make a switch to electrified transportation.
It's especially well-suited to those who may not be ready to go all-in on battery-only power.
Mitsubishi Motors' seven-passenger flagship model is the best-equipped, most connected vehicle the brand has ever sold in the U.S.

Lexus Debuts Next-Generation Battery EV Concept and Vision for the Future of Mobility at the JAPAN MOBILITY SHOW 2023

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Wednesday, October 25, 2023

Bev, Concept, Battery electric vehicle, Human, RZ, Creativity, Lexus, Environment, BEV, Bamboo, Boundary, Beauty, Acceleration, Video game, Mobile phone, Tourism, Industrial design

- World premiere of the LF-ZL, a BEV mobility flagship concept, presenting the future vision of the Lexus brand.

Key Points:

- World premiere of the LF-ZL, a BEV mobility flagship concept, presenting the future vision of the Lexus brand.
TOKYO, Oct 25, 2023 - (JCN Newswire) - At the inaugural Japan Mobility Show 2023, Lexus introduced a range of concept models under the theme "Pushing the Boundaries of the Electrified Experience", envisioning new possibilities for mobility through electric cars.
The LF-ZC (Lexus Future Zero-emission Catalyst) concept introduced today is part of the forthcoming next-generation Lexus BEV lineup, due for market launch in 2026.
Joining the producion concept is the LF-ZL (Lexus Future Zero-emission Luxury), a BEV vision concept that offers a glimpse into a future where mobility, people, and society are seamlessly connected.

Allegro MicroSystems and BMW Group Collaborate on High-Efficiency Traction Inverters For Battery Electric Vehicles

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Tuesday, October 17, 2023

BMW Group Plant Dingolfing, Automotive Safety Integrity Level, Motorcycle, Magnetism, Battery electric vehicle, Traction, Safety, TMR, Allegro, ASIL, BMW, Automotive safety, Car, Electric motor

As the market leader in Magnetic Sensing, Allegro’s Current Sensor integrated circuits (“ICs”) deliver market-leading accuracy in the measurement of electrical current flowing through the vehicle motors.

Key Points:

As the market leader in Magnetic Sensing, Allegro’s Current Sensor integrated circuits (“ICs”) deliver market-leading accuracy in the measurement of electrical current flowing through the vehicle motors.
This accuracy enables precise motor control, leading to a superior driving experience and an extended driving range by minimizing power losses.
The IC’s built-in overcurrent detection and self-diagnostics enable BMW to meet the highest level of safety and reliability while reducing the number of components used in the traction inverter.
“We appreciate our strong relationship with the BMW Group, whose innovative mindset, focus on high performance, and technical insights positively influence Allegro’s technology and product roadmaps.

Iveco Group and Hyundai Motor Company unveil a new hydrogen city bus at Busworld trade show in Brussels

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Friday, October 6, 2023

Iveco Group N.V. (EXM: IVG) and Hyundai Motor Company today unveiled the first IVECO BUS E-WAY H2 at Busworld 2023 in Brussels.

Key Points:

Iveco Group N.V. (EXM: IVG) and Hyundai Motor Company today unveiled the first IVECO BUS E-WAY H2 at Busworld 2023 in Brussels.
The new model will expand the IVECO BUS zero-emission solutions for cities, a range that already includes last generation Battery Electric Vehicles (BEVs).
The E-WAY H2 is a 12-meter-long low-floor city bus equipped with a 310-kW e-motor and an advanced fuel cell system provided by HTWO, a fuel cell system-based hydrogen business brand of Hyundai Motor Group.
The vehicle is on display at the IVECO BUS stand located in Hall 4 at Busworld 2023 from 7th to 12th October.

DENSO announces a Strategic Minority Investment in Silicon Carbide LLC, Coherent's SiC Business

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Wednesday, October 11, 2023

Investment, Representative, Silicon carbide, Business, CO2, Bev, Electronics, Chip on board, DENSO, Growth, Coherent Corp., Coherence, Battery electric vehicle, BEV, Rail transport, Silicon

KARIYA, JAPAN, Oct 11, 2023 - (JCN Newswire) - DENSO CORPORATION, a leading mobility supplier, announced a minority investment of US$500 million (approximately JPY 74.5 billion*) in Silicon Carbide LLC, Coherent Corp.'s silicon carbide (SiC) business, which will be separated into an independent subsidiary.

Key Points:

KARIYA, JAPAN, Oct 11, 2023 - (JCN Newswire) - DENSO CORPORATION, a leading mobility supplier, announced a minority investment of US$500 million (approximately JPY 74.5 billion*) in Silicon Carbide LLC, Coherent Corp.'s silicon carbide (SiC) business, which will be separated into an independent subsidiary.
Silicon Carbide LLC, which was originally established by Coherent in April 2023, manufactures SiC wafers.
This investment will ensure a long-term stable procurement of SiC wafers to enhance the competitiveness of our electrification components.
With this equity investment, DENSO will hold 12.5% equity stake in Silicon Carbide LLC.

Electrada Partners with Daimler Truck Financial Services To Deliver Charging-as-a-Service for Electric Buses and Trucks

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Tuesday, October 3, 2023

CINCINNATI, Oct. 3, 2023 /PRNewswire/ -- Electrada, a fleet electrification solutions company, and Daimler Truck Financial Services, one of the world's leading financial service providers for commercial vehicles, have entered into an official partnership to drive higher adoption of sustainable transportation leveraging Daimler's leadership in commercial Battery Electric Vehicles (BEVs) and Electrada's 360 Charging-as-a-Service solution. Providing the necessary infrastructure to power medium- and heavy-duty electric vehicle fleets, the all-in-one solution will first be provided to projects with selected customers in the USA in the first half of 2024.

Key Points:

"This partnership and its subsequent development will accelerate the proliferation of EV fleets across the country," said Kevin Kushman, Electrada's CEO.
"Daimler Truck Financial Services and Daimler Trucks North America are industry leaders and seek to remove barriers to electrification through collaborative solutions that provide a more seamless, reliable conversion strategy for their customers."
The agreement further aligns Daimler Truck North America's rapidly expanding electric vehicle lineup with its overall corporate sustainability strategy and will accelerate fleet electrification nationwide, making a meaningful contribution to reduced carbon emissions.
Daimler Truck already offers BEV truck series in the United States, including the class 8 eCascadia, class 6 EM2 and the class 5 MT50e.

Cars Dominate the Global Battery Electric Vehicle (BEV) Market, but Buses Set to Witness Fastest Growth, Driven by Sustainability Initiatives - ResearchAndMarkets.com

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Tuesday, September 19, 2023

Battery Electric Vehicles, powered by rechargeable battery packs, are gaining traction due to their eco-friendliness, lower operating costs, and government incentives.

Key Points:

Battery Electric Vehicles, powered by rechargeable battery packs, are gaining traction due to their eco-friendliness, lower operating costs, and government incentives.
Mode: Cars dominate the BEV market in 2022, driven by environmental consciousness, improved battery life, charging infrastructure expansion, and government incentives.
Region: Asia Pacific leads the global BEV market in 2022, thanks to proactive governmental policies, urbanization, and the e-commerce sector.
Strategic alliances like the North American high-powered charging point initiative by seven automakers are enhancing the BEV infrastructure.