According to International Energy Agency, the Electric two wheeler volume of sales has been highest in China. Along with it, China shows a major spike in the sales of its electric two/three wheelers in 2021. Vietnam being an emerging country in terms of automotive industry, follows to contribute next to China in the global share.
As the world is transitioning towards more forms of green energy, there has been a huge focus in recent years on discovering new and affordable ways of storing power. Research teams and organizations are already searching for the next generation of large-scale batteries. When it comes to powering electric vehicles, lithium-ion batteries have remained the
The growing demand for car rental services is anticipated to catalyze the growth of Egypt automobile rental’ market in the forecast period, 2023-2027. According to TechSci Research report, “Egypt Automobile Rental Market By Region, Competition Forecast & Opportunities, 2027”, the Egypt automobile rental market is expected to witness growth at a significant rate in 2023-2027. An automobile
Rising demand for emission free public transportation is driving the growth in global electric three-wheeler market in the forecast period, 2023-2027 According to TechSci Research report, “Electric Three Wheeler Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027”. The global electric three-wheeler market stood at USD1,387.98 million in 2017 and is expected to grow at
While the thrill of riding a motorcycle is undeniable, unfortunately so is the safety risk associated with it. Motorcycles account for only 3% of all registered vehicles in United States, but motorcyclists make up for 14% of all traffic fatalities and 18% of all occupant fatalities. It is common knowledge that riding a motorcycle is
Being a convenient mode of transport and an element of multi-modality in urban market, two-wheelers are rapidly increasing in demand across the globe. In 2021, the global production of two-wheelers reached to 160 million units. As automobile industry is witnessing a major transformation in recent years, the two-wheeler technology is constantly evolving, resulting into more
From General Motors to BMW, Honda to Mercedes, Mazda to Roll Royce, auto manufacturers are popping a number of economy and luxury models with automotive active grille shutters to make use of their aerodynamic advantages for improving fuel efficiency. An active grille shutter is designed to reduce the aerodynamic drag of the car, increase the
Every year, around 24 million retread tires are being sold, which saves around 360 million gallons of oil per year on average. Most of the retread tires are as durable as the new ones and undergo the same testing procedure as any new tire. Prolonged use of commercial and off-the-road vehicles with a heavy load
People living in urban areas are realizing the importance of making a transition to electric vehicles, owing to fluctuating oil and gas prices and rising global carbon emissions levels from vehicular pollution. Electric two-wheelers have been predominantly gaining a lot of traction due to cost-effectiveness and low maintenance, which is attributing to their booming sales.
Rising population levels, rapid urbanization, and increasing personal disposable income have fuelled demand for cars, which in turn, has driven steady growth in the global tire market. By 2025, the sales of automobile tires are expected to reach 2,732 million units, owing to global economic growth, supporting vehicle production, and incremental expansion of the number
