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Automotive Alternator Market is expected to reach US$ 13.48 Bn by 2029 .
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market,…
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Tech insider: WAE EVRh
In 2022, UK-based WAE, now owned by the Fortescue mining concern, debuted its EVR concept – a modular high-performance BEV platform (see Flexible performer, September 2022, p14*) intended to provide vehicle manufacturers with a flexible basis for sporting EVs. Now, the company has taken the concept a step further with the EVRh, a version equipped…
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Ways AI Will Revolutionize Automotive
The automotive artificial intelligence (AI) market is ready to soar, claims Next Move Strategy Consulting. The consultancy’s recent report projects a market size of $25.78 billion and an impressive compound annual growth rate of 29.2% from 2024 to 2030. Its study suggests government regulations and safety standards are the pivotal drivers for “propelling the growth…
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Steve Greenfield’s 9 predictions for the future of automotive in 2024
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent automotive and mobility news into the context of the broader themes impacting the automotive industry. What better way to ring in the new year than to present our big predictions for 2024? So, with…
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Xiaomi Unveils Five Core Automotive Technologies and Debuts Xiaomi SU7, Completing the Human x Car x Home Smart Ecosystem
Xiaomi held its Xiaomi EV Technology Launch, officially unveiling Xiaomi EV’s five core technologies – E-Motor, Battery, Xiaomi Die-Casting, Xiaomi Pilot Autonomous Driving, and Smart Cabin. From the development of foundational core technologies, Xiaomi aims to redefine the technology of the automotive industry. Xiaomi EV’s first product – the highly anticipated Xiaomi SU7, has been…
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From smartphones to EVs: China’s Xiaomi unleashes first electric sedan
Breaking new ground in the electric vehicle market, Xiaomi, the Chinese tech behemoth, has officially launched its inaugural electric sedan, the SU7. With a grand vision, Xiaomi’s Founder and CEO, Lei Jun, aspires to position the SU7 as a formidable contender against established automotive giants like Tesla and Porsche within the next two decades. #XiaomiSU7…
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Automotive Industry Updates: From EV Firefighting Challenges to Eco-friendly Commuting
Automotive Industry Updates: From EV Firefighting Challenges to Eco-friendly Commuting The automotive industry continues to evolve, with developments ranging from the alarming amount of water needed to extinguish electric vehicle fires, to advancements in solid-state battery technology that could enhance vehicle safety. Moreover, vehicle reviews, like the Mercedes-Benz AMG C43, continue to excite, despite smaller…
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Twelve Japan firms join hands to develop chip technology for autonomous driving
Twelve companies in Japan say they have joined hands to develop cutting-edge semiconductor technologies for automotive use, including autonomous driving. The group is made up of five major automakers, Toyota Motor, Honda Motor, Nissan Motor, Subaru and Mazda Motor, five chip-related firms such as Renesas Electronics, and two electrical component makers. They say they have…
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Can V2X help the EU hit road death reduction target?
Five years ago, the EU set itself the ambitious goal of halving road deaths by 2030 and eliminating all deaths by 2050. Unfortunately, the statistics have been moving in the wrong direction recently—the figures rose 4% in 2022. The bloc now averages 42 road deaths per million. This is much higher than comparable non-EU countries,…
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New Noncontact Technologies Meet the Challenges of the Evolving Automotive Industry
The advent of electro-mobility has led to an industrial upheaval in the field of automotive production. In the past there were basically two types of engines: diesel and gasoline. In the last three or four years we have been hearing more and more about BEV, HEV, PEHV, and FCEV. This simple change in nomenclature has…