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The Gordian Knot of China’s EV subsidies
Europe’s once proud auto industry is at risk of being undermined by a flood of subsidized electric vehicles from China, and this assault may prove very hard to repel. Munich, September 6, 2023: William Li, the CEO of the Shanghai-headquartered automobile manufacturer Nio Inc., speaks during a new energy vehicles event at the Munich Motor…
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Stellantis and CATL Sign Strategic MoU for the Local Supply of LFP Batteries for European Market
The MoU outlines joint development of a state-of-the-art technology roadmap and future battery value chain opportunities Stellantis and CATL are considering the possibility of a joint investment in the form of a joint venture with equivalent contributions Stellantis aims to leverage lithium iron phosphate (LFP) batteries to power its European electric vehicle production, supporting its…
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Bold Strategies conference was a winner – Australasian Paint & Panel
Over 150 delegates attended our L!VE conference on 17 November at HOTA on the Gold Coast to listen to inspiring and informative presentations. We flew our keynote speaker Dave Shepherd out from the UK (thanks to sponsors Total Hail Solutions and AAMG) and it was a journey well made. Shepherd talked about his journey as…
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Samsung Electronics Ranked as a Top Five Best Global Brand for the Fourth Consecutive Year
Samsung achieved $91.4 billion in brand value and is highly recognized for promoting a consistent customer experience strategy and leading future technologies such as 6G and AI Samsung Electronics today was recognized by Interbrand, a global brand consultancy, as a “Global Top 5” brand for the fourth year in a row. Interbrand releases its list…
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KU fires Director, faculty over B.Voc Course irregularities
Srinagar, Nov 20: After facing major embarrassment amid allegations of large-scale academic and financial irregularities, the Kashmir University (KU) Vice Chancellor has sacked Director and Contractual faculty of Deen Dayal Upadhyaya Kaushal Kendra after two of its Bachelor of Vocational Education (B. Voc) Courses overran deadlines by a huge margin, leaving the students in a…
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CAERI pools wisdom of global experts in automotive evaluation
Nine experts from around the world receive their letters of appointment from CAERI during the 17th International Forum of Automotive Traffic Safety held from Nov 16 to 18, 2023, in Beijing. [Photo provided to chinadaily.com.cn] China Automotive Engineering Research Institute has set up an international expert group to facilitate Chinese automotive industry’s effort to explore…
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Hybrid vehicle sales surge in China, posing fresh threat to foreign automakers
SHANGHAI, Nov 21 (Reuters) – As EV makers in China wage an intense price war to prop up slowing demand, Chinese brands with strong hybrid lineups are emerging as winners, attracting consumers with vehicles with long range that can cost less than gasoline cars. The emerging trend may provide a glimmer of hope for global…
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United States Tire Market Competition, Forecasts and Opportunities, 2028F
Dublin, Nov. 21, 2023 (GLOBE NEWSWIRE) — The “United States Tire Market Competition, Forecast and Opportunities, 2028” report has been added to ResearchAndMarkets.com’s offering. The United States tire market is around USD 48.68 billion market in 2022 and is growing at a CAGR of 5.81% to 2028 The US domestic tire market has been driven…
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Global Automotive Semiconductor Market to Witness Strong Growth, Reaching $95.0 Billion by 2030: Persistence Market Research
New York, Nov. 21, 2023 (GLOBE NEWSWIRE) — A new market research report from Persistence Market Research analyzes the automotive semiconductor market, providing insights into market trends, drivers, and key players. The automotive semiconductor market is a large and rapidly growing industry that is expected to reach a value of USD 95.0 billion by 2030.…
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PENSKE AUTOMOTIVE GROUP PUBLISHES 2023 CORPORATE RESPONSIBILITY REPORT
BLOOMFIELD HILLS, Mich., Nov. 20, 2023 /PRNewswire/ — Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers, has published its 2023 Corporate Responsibility Report. The 2023 report showcases the Company’s progress toward its Environmental, Social and Governance (“ESG”) initiatives and its…