BEV

The global automotive LiDAR market is projected to grow from USD 555 million in 2022 to USD 8,611 million by 2030, at a CAGR of 40.9%

Retrieved on: 
Friday, December 2, 2022

Key Points: 
  • The global automotive LiDAR market is projected to grow from USD 555 million in 2022 to USD 8,611 million by 2030, at a CAGR of 40.9%.
  • Most level 4 and level 5 autonomous vehicles will be equipped with LiDAR sensors at bumpers & grills in the coming years.
  • All these parameters are expected to bolster the revenue growth of the North America automotive LiDAR market during the forecast period.The US is projected to be the largest automotive LiDAR market in North America.
  • All these factors, are expected to augment revenues for BEV segment of the automotive LiDAR market during the forecast period.

Stellantis CEO Carlos Tavares Delivers CES 2023 Keynote Address With Ram and Peugeot Unveiling New Concepts

Retrieved on: 
Thursday, December 1, 2022

CEO Carlos Tavares has been invited by CES, the worlds most influential tech event, to deliver a keynote address on Thursday, January 5, 2023 in the Venetian Palazzo Ballroom in Las Vegas.

Key Points: 
  • CEO Carlos Tavares has been invited by CES, the worlds most influential tech event, to deliver a keynote address on Thursday, January 5, 2023 in the Venetian Palazzo Ballroom in Las Vegas.
  • The keynote address includes the global unveils of the Ram 1500 Revolution Battery Electric Vehicle (BEV) Concept and the Peugeot Inception Concept.
  • The presentation will chronicle Stellantis vision of making mobility clean, safe and affordable for all.
  • The Stellantis keynote at CES 2023 is scheduled for 2 p.m. PST/5 p.m. EST/11 p.m. CET on January 5, 2023.

India Electric Vehicle Market Report 2022: Tata Motors with its Strong Presence Dominates in Passenger Car Segment in LCV, Mahindra & Mahindra has Largest Share

Retrieved on: 
Thursday, December 1, 2022

In PHEV, electric vehicles can use battery-powered motors and IC engines independently to run the vehicle.

Key Points: 
  • In PHEV, electric vehicles can use battery-powered motors and IC engines independently to run the vehicle.
  • The demand for electric vehicles is increasing rapidly, owing to the increasing shift towards advanced technology and multiple government initiatives in India.
  • The two-wheeler segment holds the dominance in the electric vehicle market as many youngsters opt for electric two-wheelers for their daily needs and city ride.
  • Tata motors limited with its strong presence dominates in passenger car segment.

Washington, D.C. Auto Show Welcomes National Climate Advisor Ali Zaidi As Keynote Speaker During Their Public Policy Day

Retrieved on: 
Thursday, December 1, 2022

Washington, D.C., Dec. 01, 2022 (GLOBE NEWSWIRE) -- For immediate release | December 1, 2022 | Washington, D.C. - The Washington, D.C. Auto Show announced today that White House National Climate Advisor, Ali Zaidi, will be the keynote speaker for their Public Policy Day on January 19, 2023.

Key Points: 
  • Washington, D.C., Dec. 01, 2022 (GLOBE NEWSWIRE) -- For immediate release | December 1, 2022 | Washington, D.C. - The Washington, D.C. Auto Show announced today that White House National Climate Advisor, Ali Zaidi, will be the keynote speaker for their Public Policy Day on January 19, 2023.
  • Zaidi and his team have successfully taken instrumental steps forward in the fulfillment of clean energy and climate in our history.
  • We are thrilled to have Ali Zaidi speaking during our Public Policy Day of the 2023 Auto Show, said John O Donnell, CEO and President of the Washington, D.C. Auto Show.
  • Nikola CEO, Michael Lohscheller, is also scheduled to speak during the shows 2023 Public Policy Day.

The quadricycle market is projected to grow from USD 19.1 billion to USD 35.6 billion by 2032, at a CAGR of 6.4%

Retrieved on: 
Wednesday, November 30, 2022

NEW YORK, Nov. 30, 2022 /PRNewswire/ -- The quadricycle market is projected to grow from USD 19.1 billion to USD 35.6 billion by 2032, at a CAGR of 6.4% during the forecast period.

Key Points: 
  • NEW YORK, Nov. 30, 2022 /PRNewswire/ -- The quadricycle market is projected to grow from USD 19.1 billion to USD 35.6 billion by 2032, at a CAGR of 6.4% during the forecast period.
  • In China, around 1.75 million units of Micro-EVs were sold in 2017, according to the China Association of Automobile Manufacturers (EV).
  • Wuling Hongguang Mini is the best-selling micro-EV, with nearly 50,561 units sold in 2021 and Y-o-Y growth of approximately 42.9%.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

Stellantis and Its US Dealerships Move Toward Electrification

Retrieved on: 
Tuesday, November 29, 2022

"As we accelerate the drive toward electrification, Stellantis is in full-execution mode with an electrification strategy designed specifically to address the needs of our dealership network," said Phil Langley, head of network development, FCA - North America.

Key Points: 
  • "As we accelerate the drive toward electrification, Stellantis is in full-execution mode with an electrification strategy designed specifically to address the needs of our dealership network," said Phil Langley, head of network development, FCA - North America.
  • "We are working lockstep with our national dealer council to develop and support their long-term plans during this industry-changing transition.
  • Stellantis has committed to becoming the industry champion in the fight against climate change, reaching carbon net zero emissions by 2038.
  • The company plans to have more than 75 BEVs globally and reach global annual BEV sales of 5 million vehicles by 2030.

Gamma Technologies’ Vice President and Co-Founder, Syed Wahiduzzaman, Named a 2023 Society of Automotive Engineers (SAE) Fellow

Retrieved on: 
Tuesday, November 29, 2022

Dr. Syed Wahiduzzaman, Vice President and Co-Founder of Gamma Technologies, has been awarded the Fellow grade of membership in the Society of Automotive Engineers (SAE) the highest level of SAE membership.

Key Points: 
  • Dr. Syed Wahiduzzaman, Vice President and Co-Founder of Gamma Technologies, has been awarded the Fellow grade of membership in the Society of Automotive Engineers (SAE) the highest level of SAE membership.
  • View the full release here: https://www.businesswire.com/news/home/20221129005651/en/
    Dr. Syed Wahiduzzaman, Vice President and Co-Founder of Gamma Technologies.
  • He focused his expertise on the impact of engineering exhaust aftertreatment systems with the goal of achieving net zero emissions.
  • At Gamma Technologies, Dr. Wahiduzzaman has been instrumental in the development and expansion of Gamma Technologies GT-SUITE and its breadth of capabilities.

India Electric Vehicle (Passenger Car, LCV, M&HCV, Two-Wheeler, Three-Wheeler) Markets, Analysis, Competition, Forecast & Opportunities, 2018-2022 & 2022-2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, November 28, 2022

In PHEV, electric vehicles can use battery-powered motors and IC engines independently to run the vehicle.

Key Points: 
  • In PHEV, electric vehicles can use battery-powered motors and IC engines independently to run the vehicle.
  • The demand for electric vehicles is increasing rapidly, owing to the increasing shift towards advanced technology and multiple government initiatives in India.
  • The two-wheeler segment holds the dominance in the electric vehicle market as many youngsters opt for electric two-wheelers for their daily needs and city ride.
  • In three-wheelers, YC Electric Vehicle comes on top followed by Saera Electric Auto Pvt.

Cooper Standard’s Thermoplastic Thermal Management Solution for Battery Electric Vehicles Wins SPE® Automotive Innovation Award

Retrieved on: 
Sunday, November 27, 2022

Cooper Standard (NYSE: CPS) is pleased to announce that it has earned an Automotive Innovation Award from the Society of Plastics Engineers (SPE) for its Thermoplastic BEV (battery electric vehicle) Thermal Management Solution supplied to the 2023 General Motors Co. Cadillac Lyriq.

Key Points: 
  • Cooper Standard (NYSE: CPS) is pleased to announce that it has earned an Automotive Innovation Award from the Society of Plastics Engineers (SPE) for its Thermoplastic BEV (battery electric vehicle) Thermal Management Solution supplied to the 2023 General Motors Co. Cadillac Lyriq.
  • Our Thermoplastic BEV Thermal Management Solution is a great example of the impactful evolution Cooper Standard is creating.
  • Cooper Standards Thermoplastic BEV Thermal Management Solution was honored in the Materials category.
  • The solution involves two developments that provide a lightweight, thermoplastic solution for BEV thermal management systems.

Torex Gold Releases Inaugural Climate Change Report Including 2030 GHG Reduction Targets

Retrieved on: 
Wednesday, November 23, 2022

TORONTO, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the Company or Torex) (TSX: TXG)announces the Company has released its inaugural Climate Change Report (the Report) aligned with the recommendations of the Task Force on Climate-Related Financial Disclosure (TCFD).

Key Points: 
  • TORONTO, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the Company or Torex) (TSX: TXG)announces the Company has released its inaugural Climate Change Report (the Report) aligned with the recommendations of the Task Force on Climate-Related Financial Disclosure (TCFD).
  • The Report includes greenhouse gas (GHG) emissions reduction targets in support of its overall commitment to achieve net zero GHG emissions by 2050, which include a 10% reduction in absolute emissions (reduction of Scope 1 and 2 GHG emissions by 2030 compared to actual 2021 baseline); and a 25% reduction in business as usual emissions (reduction of Scope 1 and 2 GHG emissions in 2030 forecasted if no action is taken on intervention measures to reduce carbon emissions at the Media Luna Project).
  • Jody Kuzenko, President & CEO of Torex, stated:
    We are pleased to present Torex Golds inaugural Climate Change Report and to disclose our 2030 GHG emissions reduction targets as part of our commitment to accountability and transparency to investors and stakeholders on our approach to climate change.
  • As we grow, we look forward to keeping up the momentum in advancing our climate change commitments and providing annual progress updates on performance against our climate change targets.