Volkswagen Group

Automotive Market in GCC -- growth accelerating at 6.74% CAGR

Retrieved on: 
Thursday, August 18, 2022 - 7:35am

According to the report, the market will observe an incremental growth of 346.37 thousand units between 2021 and 2026, accelerating at a CAGR of 6.74% during the forecast period.

Key Points: 
  • According to the report, the market will observe an incremental growth of 346.37 thousand units between 2021 and 2026, accelerating at a CAGR of 6.74% during the forecast period.
  • The report provides a comprehensive analysis of recent developments, new product launches, major revenue-generating segments, and market behavior across geographies.
  • Download Sample PDF Report Here
    The automotive market in GCC is fragmented due to the presence of many established vendors offering innovative products.
  • The automotive market in GCC is segmented as below:
    The demand for passenger cars in the market is growing at a faster pace.

Insights on the X-by-Wire Systems Global Market to 2027 - by Type, Vehicle Type and Region - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 17, 2022 - 2:35pm

X-by-wire systems refer to the replacement of mechanical or hydraulic systems with electronic control systems.

Key Points: 
  • X-by-wire systems refer to the replacement of mechanical or hydraulic systems with electronic control systems.
  • Brake-by-wire, steer-by-wire, shift-by-wire, park-by-wire, and throttle-by-wire are some of the commonly used types of X-by-wire systems.
  • These systems are equipped with electronically assisted control mechanisms that aid in eliminating the mechanical linkages involved in the system.
  • What is the structure of the global X-by-wire systems market and who are the key players?

Volkswagen Supply Win Will Send Innoviz To The Top According To Strategy Analytics LiDAR Market Share Estimates

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Tuesday, August 16, 2022 - 8:58am

Therefore, Strategy Analytics , in its first market share estimates on automotive high-resolution LiDAR sensors, predicts that Innoviz will become a market leader when the first deployments are made by Volkswagen in the mid-2020s.

Key Points: 
  • Therefore, Strategy Analytics , in its first market share estimates on automotive high-resolution LiDAR sensors, predicts that Innoviz will become a market leader when the first deployments are made by Volkswagen in the mid-2020s.
  • The Autonomous Vehicle Service ( AVS ) service has published the report, Innoviz-Volkswagen CARIAD Deal: Second Wave of High-Resolution LiDAR Deployments , which explains the reasons behind this.
  • The supply win for Innoviz heralds the second wave of LiDAR supply into automotive, says Kevin Mak , principal analyst in the Global Automotive Practice (GAP).
  • Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions.

Nikola Announces Leadership Succession; Michael Lohscheller to Become CEO

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Wednesday, August 10, 2022 - 1:00pm

Lohscheller will assume Russell's President title and join the Nikola Board of Directors effective immediately and become CEO upon Russell's retirement.

Key Points: 
  • Lohscheller will assume Russell's President title and join the Nikola Board of Directors effective immediately and become CEO upon Russell's retirement.
  • Prior to Nikola, he was CEO of Opel, where he led the company to sustainable profitability and oversaw its transformation into a leading electrified car brand.
  • "Michael Lohscheller's selection represents the completion of a thoughtful succession planning process by the Board of Directors.
  • These forward-looking statements speak only as of the date hereof and Nikola specifically disclaims any obligation to update these forward-looking statements.

Global Electric Vehicle Transmission Market Report 2022: Rising Adoption of Electric Vehicles Fueling Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 10, 2022 - 1:00pm

The "Global Electric Vehicle Transmission Market, by Transmission Type, by Transmission System, by Vehicle Type, by Vehicle Type, by Distribution Channel, Estimation & Forecast, 2017-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Electric Vehicle Transmission Market, by Transmission Type, by Transmission System, by Vehicle Type, by Vehicle Type, by Distribution Channel, Estimation & Forecast, 2017-2030" report has been added to ResearchAndMarkets.com's offering.
  • The global electric vehicle transmission market held a market value of USD 7,256.7 Million in 2021 and is estimated to reach USD 43,689.0 Million by the year 2030.
  • Thus, such a high demand substantially increases the growth rate of the global electric vehicles market.
  • The global electric vehicle transmission market is segmented into transmission type, transmission system, vehicle type (power), vehicle type (design/model), and distribution channel.

DGAP-News: HELLA GmbH & Co. KGaA: Judith Buss and Andreas Renschler to join HELLA's Shareholder Committee and Supervisory Board as independent members

Retrieved on: 
Friday, August 5, 2022 - 5:04pm

Andreas Renschler is nominated to become Chairman of the Supervisory Board, Judith Buss is nominated to chair the Audit Committee on the board

Key Points: 
  • Andreas Renschler is nominated to become Chairman of the Supervisory Board, Judith Buss is nominated to chair the Audit Committee on the board
    With their election, there would be again three independent members on the Shareholder Committee; on the Supervisory Board, the number of independent members would increase to three
    Judith Buss and Andreas Renschler are to join the Shareholder Committee and the Supervisory Board of HELLA GmbH & Co. KGaA as independent members.
  • Andreas Renschler is then also to take over as Chairman of the Supervisory Board; on that board, Judith Buss is to act as Chairwoman of the Audit Committee.
  • Klaus Khn, Chairman of the Supervisory Board and member of the Shareholder Committee, says: "Judith Buss and Andreas Renschler would significantly enrich the work of the Supervisory Board with their experience and expertise.
  • At the same time, they would increase the number of independent representatives on the Supervisory Board to three members."

Europe Polypropylene In 3D Printing Market Poised to Hit $4.08 Billion by 2030 - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 4, 2022 - 5:16pm

The Europe polypropylene in 3D printing market size is expected to reach USD 4,084.44 million by 2030.

Key Points: 
  • The Europe polypropylene in 3D printing market size is expected to reach USD 4,084.44 million by 2030.
  • 3D hubs, 3D Ceram, 3D Prod, and 3D Ceram SAS are some of the companies that integrate 3D printing, creating opportunities for 3D printed polypropylene.
  • End-use industry players in Europe are investing heavily in developing 3D printing technologies which can fuel the market for polypropylene in 3D printing.
  • Chapter 3 Europe Polypropylene in 3D Printing Market Variables, Trends, and Scope
    Chapter 4 Europe Polypropylene in 3D Printing Market: Form Estimates & Trend Analysis
    Chapter 5 Europe Polypropylene in 3D Printing Market: End-use Estimates & Analysis
    Chapter 6 Polypropylene in 3D Printing Market: Regional Estimates & Trend Analysis

DGAP-News: AUTO1 Group SE: AUTO1 Group announces extension of Supervisory Board

Retrieved on: 
Tuesday, August 2, 2022 - 7:04am

Berlin, August 2, 2022 AUTO1 Group, Europes leading platform for buying and selling used cars online, announced two additions to its Supervisory Board, further strengthening the Groups marketing, financial services and ESG expertise.

Key Points: 
  • Berlin, August 2, 2022 AUTO1 Group, Europes leading platform for buying and selling used cars online, announced two additions to its Supervisory Board, further strengthening the Groups marketing, financial services and ESG expertise.
  • Gerhard Cromme, Chairman of the Supervisory Board of AUTO1 Group: We are very pleased that with Nelly and Lars we were able to win such renowned experts in their fields for our Supervisory Board.
  • As part of her supervisory board role at AUTO1 Group, Nelly chairs the Groups marketing and branding committee.
  • As part of his supervisory board duties at AUTO1 Group, Lars chairs the ESG committee and is also a member of the audit committee.

Commercial Vehicle Global Market Report 2022: Market is Expected to Grow to $1,237.72 Billion in 2026 at a CAGR of 11.1% - Long-term Forecast to 2031 - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 28, 2022 - 10:31am

The main types in the commercial vehicle market include light commercial vehicles, heavy trucks, buses, and coaches.

Key Points: 
  • The main types in the commercial vehicle market include light commercial vehicles, heavy trucks, buses, and coaches.
  • The commercial vehicle industry has experienced many technological advances in the last decade and this trend is expected to intensify.
  • These innovations are expected to drive the commercial vehicle market during the forecast period.
  • Companies such as UPS and Amazon are testing driverless commercial vehicles to improve operational efficiencies and reduce costs.

Volkswagen starts U.S. assembly of all-electric ID.4 flagship in Chattanooga, Tennessee

Retrieved on: 
Tuesday, July 26, 2022 - 1:00pm

The ID.4 is Volkswagen Group's most popular all-electric model, with 190,000 units delivered to customers globally since its launch in 2021.

Key Points: 
  • The ID.4 is Volkswagen Group's most popular all-electric model, with 190,000 units delivered to customers globally since its launch in 2021.
  • Volkswagen aims to ramp up ID.4 assembly in Chattanooga to 7,000 vehicles per month later this year, with the goal to further increase output through 2023.
  • "We're just starting to write a new chapter for Volkswagen in America, and it is very much an American story," said Thomas Schfer, Chairman of the global Volkswagen brand.
  • Volkswagen of America, Inc. is an operating unit of Volkswagen Group of America, which is a subsidiary of Volkswagen AG.