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The Warren Buffet-backed BYD, which overtook Tesla this year, will assemble automobiles in Sriperumbudur, close to Chennai, with expected capacity of 10,000 units within two years.
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In an analysis of world trends, European automobile manufacturers forecast the BEV share of the European market will reach almost 30% by 2025 and exceed 70% by 2030 – taking the lead again on the other world regions.
Read More →Ongoing new-vehicle incentives, an uncertain economy, high unemployment, and flat new-vehicle transaction pricing are among the reasons the used-vehicle market is forecast to remain soft for the balance of the 2003 calendar year.
Read More →The carsharing market has grown from a largely subsidized, university research-driven experiment into a full-fledged for-profit enterprise, owned primarily by traditional car rental companies and auto manufacturers.
Read More →With a population of more than 210 million people, Brazil is the largest fleet market in South America. The strongest vocational segments acquiring commercial fleets are pharmaceutical, agribusiness, and food companies.
Read More →In this analysis of recent mobility news, we analyze the market for commercial EV leases, whether subscriptions can work for commercial fleets, and whether we’re ready for completely driverless autonomous vehicle testing. By the way, what is eFaas?
Read More →Rivian R1T ranks highest overall; MINI Cooper Electric ranks highest among mass market brands.
Read More →The entry of all-new vans will generate a host of upfit packages, offering new shelving/bin options for walk-in applications and high-roof configurations. These new models, along with new pickups, will re-energize the upfit market.
Read More →Dieter Zetsche, president and chief executive officer of Chrysler Group, announced August 7 that a cornerstone of the company's product offensive in the next three years will be aimed directly at the passenger car market in North America.
Read More →California customers will take delivery of the first wave of the Vietnamese manufacturer's all-electric vehicles, marking their U.S. market presence.
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