The Auto Industry Will See More Turmoil in 2023. By 2025, Tech Giants Will Own a Part of the Vehicle’s Operating System for 95% of New Cars on the Road. By 2026, More Than 50% of EVs Sold Globally Will Be Chinese-Branded Automobiles. Several factors will make 2023 a true test to the resolve of […]
Preparing the world for zero-emission trucks – EQ Mag
The mainstay vehicles of commercial road transport will soon benefit from cost-effective, zero-emission horsepower. In less than a decade, electric powertrains have gone from being a niche product to the almost inevitable choice for tomorrow’s passenger vehicles. In line with this trend, medium- and heavy-duty trucks are likely to follow the same path. Our new […]
Sale of Electric Cars Rise by 140 Per Cent in the First Quarter of 2021
The sale of Electric cars rose by 140 per cent in the first quarter of 2021, breaking last year’s record of 41 per cent surge on EV (Electric Vehicle) registrations despite the pandemic hitting the economies badly. In 2020, consumer spending on EVs touched 120 billion dollars while car registrations rose by 41 per cent. […]
Chinese NEV and HEV sales to rise over 15-fold by 2035
Liquids demand from light vehicles to peak at 3.8 million b/d before 2030 Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie. In the latest Energy-saving and New Energy […]
Fuel Cell Electric Vehicles May Be Complementing Technology in India’s Future Mobility: Report
In a report titled ‘Automotive fuel: Racing towards a multipolar world’, KPMG said battery electric vehicles (BEV) technology is currently far ahead in market maturity and is expected to be the obvious choice in a value-conscious market like India to kick-start the shift towards cleaner fuel. Supply-side constraints may prove to be an obstacle in […]