As the automotive industry moves towards a more sustainable future, integrating recycled materials into manufacturing processes is emerging as a pivotal strategy. With environmental consciousness becoming a fundamental…
The new energy vehicle (NEV) market is poised for growth as economic conditions improve and technological innovations continue to emerge, says data and analytics company GlobalData. It says…
As emission regulations tighten and sustainability concerns grow, zero-emission vehicles like fuel cell electric vehicles (FCEVs) are gaining traction, says data and analytics company GlobalData. They offer advantages…
About 85 million EVs (including cars, buses, vans and heavy trucks) are expected on the road globally by the end of 2025. That’s a 33% increase on this…
GlobalData expects the Asia-Pacific (APAC) hybrid EV powertrain market to expand at 5.9% compound annual growth rate (CAGR) during 2024-2029. As consumers grow more environmentally conscious they are…
The global automotive industry is rapidly adopting innovative technologies. Data and analytics company GlobalData says these range from robotics to the integration of artificial intelligence (AI) and machine…
Interest in electric vehicles (EVs) as a cleaner and more effective substitute for conventional internal combustion engine (ICE) vehicles has grown significantly in recent years. And the shift…
France’s first EV battery factory will cater for an estimated rise in EV demand to 17.4 million units in Europe by 2030, says GlobalData. The first Billy-Berclau Gigafactory…
