Electric Vehicles

EVgo Expands Autocharge+ to More Than 50 Electric Vehicle Models

Retrieved on: 
Tuesday, April 9, 2024
Environment, EV, Electric Vehicles, Alternative Vehicles, Fuels, Automotive, Technology, Green Technology, Vehicle Technology, Other Technology, EVS, RFID, CCS, Multimedia, SVP, NACS, Online shopping

EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that more than 50 EV models are eligible for its seamless Autocharge+ feature.

Key Points: 
  • EVgo Inc. (NASDAQ: EVGO), one of the nation’s largest public fast charging networks for electric vehicles (EVs), today announced that more than 50 EV models are eligible for its seamless Autocharge+ feature.
  • Once enrolled, Autocharge+ showcases a best-in-class customer experience for EV drivers by eliminating the need to open an app, swipe a credit card, or tap an EVgo program (RFID) card to initiate a fast charging session on the EVgo network.
  • View the full release here: https://www.businesswire.com/news/home/20240409877127/en/
    Over 50 EV models are eligible for EVgo's Autocharge+ feature.
  • 1 Including older and/or discontinued EV models.

Strategic Review Supports Continued Production Ramp-Up at North American Lithium

Retrieved on: 
Tuesday, April 9, 2024
Technology, General Automotive, Chemicals, Plastics, EV, Electric Vehicles, Manufacturing, Alternative Vehicles, Fuels, Automotive, Batteries, Alternative Energy, Energy, Vehicle Technology, Other Natural Resources, Mining, Minerals, Natural Resources, Lithium, Element, Piedmont Lithium, 600 (number), Comment, NAL, Atlantic Ocean, ALL, ASX, PLL, Acquisition, Transport, SYA, Risk, XV, Accident, Australian Securities Exchange, Workforce, AIM, Legislation, Weather

Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement.

Key Points: 
  • Production at NAL commenced in March 2023, and the operations have been undergoing steady improvement.
  • March month-to-date lithium recoveries were 69%, exceeding the ramp-up target of 67%, with global recovery of 62% during the July 2023 through March 2024 period.
  • Production of spodumene concentrate has steadily increased with several daily production records achieved in March 2024, including the newest daily production record of 740 metric tons.
  • The joint venture partners have conducted an operational review to assess the pace of the production ramp-up in the context of a challenging lithium price environment.

Auto Dealership Buy/Sell Market Achieves New Transaction Record in 2023, Surpassing 2021 Peak; Valuations Remain at All Time Highs for Top Franchises in High Growth Markets

Retrieved on: 
Tuesday, April 9, 2024
Consulting, EV, Electric Vehicles, Automotive, Professional Services, Business, Marketing, Advertising, Communications, Other Automotive, General Automotive, Finance, Lincoln, Volvo, Face, Growth, Asbury Automotive Group, Original equipment manufacturer, Big Three (automobile manufacturers), Partnership, Risk, Multiple, Kerrigan, Sale, Acquisition, Ford, ICE, BMW, OEM, Toyota Financial Services, Population growth, Car dealership

The auto dealership buy/sell market’s outperformance relative to the broader corporate M&A market is, according to the report, a result of its distinctly private structure.

Key Points: 
  • The auto dealership buy/sell market’s outperformance relative to the broader corporate M&A market is, according to the report, a result of its distinctly private structure.
  • “When earnings soared in 2021, buyers correctly projected that pandemic earnings were unsustainable and normalized earnings for valuation purposes.
  • The public dealership groups acquired 61 franchises for $2.7 billion in 2023, the second highest US acquisition spending level on record.
  • The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail.

Global Automotive Engineering Services Market Projected to Reach $396.45 Billion by 2028: Spotlight on AI Integration and Electric Vehicle Development - Long-term Forecast to 2032 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 9, 2024
Automotive Manufacturing, Manufacturing, Automotive, EV, Electric Vehicles, Engineering, Growth, Artificial intelligence, Transport, AI, Outline

The global automotive engineering services market is experiencing significant growth, projected to escalate from $242.52 billion in 2023 to an estimated $267.99 billion in 2024, marking a robust compound annual growth rate (CAGR) of 10.5%.

Key Points: 
  • The global automotive engineering services market is experiencing significant growth, projected to escalate from $242.52 billion in 2023 to an estimated $267.99 billion in 2024, marking a robust compound annual growth rate (CAGR) of 10.5%.
  • Moreover, the market is expected to continue its rapid growth, reaching $396.45 billion by 2028 with a steady CAGR of 10.3%.
  • Several key factors are propelling the expansion of the automotive engineering services market.
  • The Asia-Pacific region was the most significant contributor to the automotive engineering services market in 2023.

New Survey From Propel Software Confirms Trend That Americans Are Severing Relationships With Companies That Aren’t Prioritizing Sustainability

Retrieved on: 
Tuesday, April 9, 2024
Influencer, Recycling, Supermarket, Specialty, Food, Beverage, Alternative Energy, Environment, Fashion, Energy, Teens, Retail, Children, Green Technology, Environmental, Social and Governance (ESG), Women, Social Media, Professional Services, Cruise, EV, Electric Vehicles, Other Travel, Men, Transportation, Environmental Policy, Lodging, Environmental Issues, Destinations, Alternative Vehicles, Fuels, Family, Environmental Health, Travel, Consumer, Packaging, Small Business, Other Communications, Software, Public Relations, Investor Relations, Marketing, Supply Chain Management, Manufacturing, Advertising, Content Marketing, Communications, Climate Change, Thought Leadership, Technology, Sustainability, Socially Responsible Investing, Social Activism, Organic Food, Automotive, Home Goods, Republican, Electronics, OnePoll, Democrat, PVM, Online shopping

It also found that 44% feel more emotionally invested in companies that follow/demonstrate sustainable business practices .

Key Points: 
  • It also found that 44% feel more emotionally invested in companies that follow/demonstrate sustainable business practices .
  • The poll of 2,000 U.S. adults revealed that Americans will spend 33% more on green products in 2024 than in 2023.
  • “Transparency is important to consumers, and brands should take note if they want customers to continue to be brand loyal.
  • The majority of respondents (65%) say they will look for environmental claims when making a purchase,” said Ross Meyercord, CEO of Propel Software.

Global Transparent Plastics Market Set to Skyrocket to $189.24 Billion by 2028: Innovations in Recycling and Rise of Electric Vehicles Fuels Demand - Long-term Forecast to 2032 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 9, 2024
Automotive Manufacturing, EV, Electric Vehicles, Consumer Electronics, Automotive, Technology, Manufacturing, Recycling, Green Technology, Environment, Sustainability, Chemicals, Plastics, Polymer, Health, Electronics, Growth, Plastic, Renewable energy

The global transparent plastics market is observing a remarkable growth trajectory and is expected to ascend from $133.79 billion in 2023 to an estimated value of $189.24 billion by 2028.

Key Points: 
  • The global transparent plastics market is observing a remarkable growth trajectory and is expected to ascend from $133.79 billion in 2023 to an estimated value of $189.24 billion by 2028.
  • The surge in consumer electronics production, exemplified by a significant production increase in Japan, signifies another force propelling the transparent plastics market.
  • Companies in the transparent plastics market are increasingly adopting blockchain technology to improve the transparency and efficiency of recycling processes.
  • The transparent plastics market demonstrates robust health and a promising future, encapsulated by progressive innovations and strategic industry movements.

Hybrid Truck Market Global Market Report 2024: Last-Mile Delivery Solutions and Regulatory Support and Emission Standards Shaping the Landscape - Long-term Forecast to 2028 and 2033 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 9, 2024
Alternative Vehicles, Fuels, Automotive Manufacturing, Manufacturing, Automotive, EV, Electric Vehicles, Growth, Public, Light, Transport, Ford, Carbon, City, EPA, Ranger, Ford EcoBoost engine, Ideanomics, Office for National Statistics, Government, Model, Renewable energy

The "Hybrid Truck Market Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Hybrid Truck Market Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
  • Asia-Pacific is expected to be the fastest-growing region in the global hybrid truck market during the forecast period.
  • The regions covered in the hybrid truck market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
  • The countries covered in the hybrid truck market market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Carrar Raises $5.3 Million to Deliver Commercial Battery Modules for Electric Vehicles that Triple Battery Lifetime

Retrieved on: 
Tuesday, April 9, 2024
Automotive, Other Automotive, EV, Electric Vehicles, Technology, Batteries, Manufacturing, Other Manufacturing, Temperature, Hamas, Bosch, Longevity, OurCrowd, EVS, Perseverance, Safety, Multimedia, Weather

Carrar , a provider of battery modules and thermal management systems for electric vehicles (EVs), today announced the closing of its $5.3 million Series A funding round to deliver commercial automotive-grade battery modules for electric vehicles with novel internal thermal management based on two-phase immersion technology.

Key Points: 
  • Carrar , a provider of battery modules and thermal management systems for electric vehicles (EVs), today announced the closing of its $5.3 million Series A funding round to deliver commercial automotive-grade battery modules for electric vehicles with novel internal thermal management based on two-phase immersion technology.
  • View the full release here: https://www.businesswire.com/news/home/20240409037388/en/
    Carrar commercial electric vehicle battery module (Photo: Carrar)
    The round included new investors Salida B.V., OurCrowd, and NextGear, and current investors Gentherm, Next Leap Ventures, Dive Digital, and others.
  • Carrar is transforming e-mobility with battery modules and thermal management systems that dissipate twice the amount of heat of existing solutions, increasing battery lifespan three-fold.
  • Carrar also improves EV safety by preventing the temperature spirals caused by battery exothermic processes, which lead to thermal runaway and battery fire.

Faraday Future Continues Progress in the Middle East Market with Establishment of a Middle East Sales Entity

Retrieved on: 
Tuesday, April 9, 2024
Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Vehicle Technology, Automotive, Automotive Manufacturing, Software, Manufacturing, Internet, Artificial Intelligence, Faraday Future, FF, Multimedia, Marketing, Appetite, Retail

Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”) today announced the establishment of a Middle Eastern sales entity in Dubai, signifying an important milestone in the Company’s expansion plans.

Key Points: 
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”) today announced the establishment of a Middle Eastern sales entity in Dubai, signifying an important milestone in the Company’s expansion plans.
  • View the full release here: https://www.businesswire.com/news/home/20240409031919/en/
    Tin Mok, Executive Director and Global Executive Vice President of User Ecosystem at Faraday Future, presents the trade license of FF's Middle East sales entity.
  • Moreover, the Company continues to engage with potential partners in the Middle East to explore opportunities, including strategic financing, business development, and sales and marketing.
  • “The establishment of a sales entity marks a pivotal moment in FF’s journey as we seek to extend our footprint into the Middle East,” said Matthias Aydt, Global CEO of FF.

Global and China Passenger Car Cell to Pack, Cell To Chassis and Cell to Body Integrated Battery Industry Report 2024: Currently Only Tesla, BYD, Leapmotor and Xpeng have Released CTC/CTB Technology - ResearchAndMarkets.com

Retrieved on: 
Monday, April 8, 2024
Vehicle Technology, EV, Electric Vehicles, Other Energy, Alternative Energy, Alternative Vehicles, Fuels, Batteries, General Automotive, Energy, Technology, Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Leapmotor, JAC, CIB, Volvo, CTB, BYD, Model Y, Cell, Original equipment manufacturer, Acceleration, EVS, Volkswagen, Nm, Gigafactory Texas, CTC, CATL, CTP, SAIC, Electric battery

The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • Currently only four automakers Tesla, BYD, Leapmotor and Xpeng have released CTC/CTB technology and applied it in production models.
  • Leapmotor: In April 2022 Leapmotor released CTC technology, and first applied it to the production model Leapmotor C01.
  • In addition to Tesla, BYD, Leapmotor and Xpeng, Xiaomi, Volkswagen, Volvo, JAC and SAIC all make layout of CTC technology.