The South Korean government has set high goals for its electric vehicle industry over the next ten years, and is making heavy investments in both the vehicles themselves and in the infrastructure necessary to support them. The government announced late last year that it would be providing the equivalent of about $900 million in subsidies for…
The global connected car market has been boosted by the rapid development of connected car technology over the recent years, and the top 10 connected car companies continue to dominate the global market in 2019. The emerging trend in the global automotive industry is that the demand for connected car technologies — internet access, infotainment…
More than 300 million electric motors are used in infrastructure, large buildings, and industry globally. Over 30 million motors are sold each year for industrial purposes alone. At a time when talk has shifted to emission reduction, electric motor manufacturers have been innovating and disrupting the global marketplace. With so much demand for electric motors,…
With the continuously increasing demand for premium quality products and rising need to improve the industrial processes, the top 10 industrial automation companies in the world are encouraging the deployment of industrial automation control systems and services. The Top 5 Disruptive Trends in the Industrial Automation Market are being increasingly adopted by the industries across…
China’s big cities with enormous populations are extremely polluted. In the recent past, China has topped the World Health Organization’s list for deadly air pollution, and is responsible for more than one million deaths each year in the country. A major portion of this harmful outdoor pollution can be attributed to the use of gasoline-powered…
Electric vehicles (EVs) have emerged as a one-stop solution for most of the modern automotive problems. With increased demand and interest in the EVs, there has been a renewed focus on production of electric cars. Here is a list of major players leading the EV market. 1. Renault-Nissan Q1 Sales – 26,248 units The French-Japanese…
Until recently, the very idea of combining pedaling and motor power which is termed as “electric bike” was just considered as a fad in the transportation world. But with healthy lifestyle and easy travel gaining more prominence, e-bikes industry is all set to take off and the whopping sales figure over the past few years is a clear…
We are nearing the end of 2017 and the automotive industry is busy innovating at an unprecedented rate. Today, vehicles have become increasingly sophisticated, and onboard technology is turning them into computers on wheels. Most of the new-generation vehicles are equipped with cutting edge connectivity features, which helps in generating reams of data at high…
Electric vehicles (EV) have gone from being a novelty item to what seems to be the answer to a number of modern automotive problems in record time. They are being used in a growing number of applications and becoming increasingly popular as commercial vehicles. Technavio expects the market for commercial electric vehicles to increase by…
The automotive industry is one of the most influential business verticals on the planet. Also, a discipline that witnesses the maximum innovation and the development of pathbreaking technologies. What’s in store for the global automotive industry in the immediate future? Here’s our prediction on what’s coming up. 1) Autonomous is in – Google and Uber…
