Tag Archives: Strategic

Hero MotoCorp Mavrick 440: Everything You Need To Know

The strategic partnership between Harley-Davidson and Hero MotoCorp introduced in regards to the Harley-Davidson X440, a small-displacement highway bike designed for the Indian market. While no different markets (as of now) have acquired the X440, the mannequin has made headlines all over the world because it marks the MoCo’s first foray into the entry-level phase, and the one modern-day single-cylinder mannequin to bear the Bar and Shield.

Hero MotoCorp, one of many largest bike producers in India, was liable for the event and manufacture of the X440. Specializing in workhorse and commuter fashions geared up with single-cylinder engines, Hero just about knew what to do when it got here to designing the X440, and it’s not all too shocking that the bike was such successful, rapidly raking in orders as reserving for the brand new mannequin opened.

Hero Mavrick 440 - Right Side View

The Hero Mavrick 440 adopts a sportier, extra trendy aesthetic. 

When it involves partnerships like these, the mannequin that was launched first is normally adopted by a mechanically comparable one bearing the branding of the opposite occasion. We’ve seen it with BMW and yet one more Indian producer, TVS, with the G 310 vary of single-cylinder bikes mirrored by TVS’ Apache 310 lineup. The identical is true with KTM and CFMoto, with the latter releasing the Ibex 800 and 800 NK, mirroring the efficiency and capabilities of the KTM 790 Adventure and 790 Duke respectively. That mentioned, the identical is true with Hero MotoCorp and Harley-Davidson.

On January 23, 2024, Hero MotoCorp pulled the covers off the Mavrick 440, its model of the Harley-Davidson X440. While it was understood that the bike could be primarily based on the identical technical foundations because the roadster, Hero’s styling division took issues in a special course.

Styling All Its Own

Hero Mavrick 440 - Front Right Angle View 2

The new mannequin is available in each spoke and alloy wheel variants.

While the Harley X440 was all about retro styling and embracing the traditional look of bikes just like the Sportster, the Mavrick 440 throws in some sporty aptitude, embodying a neo-retro look with each scrambler and cafe-racer inspirations. It will get a classic-inspired spherical LED headlight, however as you check out the perimeters of the bike, you’ll discover that the gas tank has chiseled edges, and even slightly fairing on the aspect. Meanwhile, sporty aspect covers give the bike an athletic stance. Nevertheless, it flaunts its air-cooled engine for the world to see, making it clear that, regardless of its sporty seems to be, it’s extra at residence cruising the open highway and taking it simple round city.

A Motor That’s Built To Last

Hero Mavrick 440 - Badge Closeup

The Mavrick 440 shares the identical single-cylinder engine because the Harley X440. 

Speaking of efficiency, similar to the Harley X440, the Mavrick 440 isn’t all about efficiency and horsepower figures. After all, it’s powered by a 440cc, air- and oil-cooled, single-cylinder engine dubbed the TorqX. With 27 horsepower at 6,000 rpm and 26.5 pound-feet of torque at 4,000 rpm, it’s punchy sufficient to overcome India’s densely populated roads at a brisk tempo. On prime of that, the truth that it’s a low-revving single signifies that it makes all the fitting vibrations you’d anticipate out of a meaty thumper.

This undersquare engine configuration signifies that the Mavrick 440, just like the Harley X440, has numerous grunt on the backside of the rev vary – good for cease and go site visitors. As we’ve come to know with the X440, it makes fairly a lovely sound, too, because it has extra of a growl (like a Royal Enfield 350) than a braap like that of a KTM single. When it involves vary, singles like this have a tendency to sip gas very frugally, so we will anticipate to cowl various distance earlier than needing to refill its 13.5-liter (3.5 gallon) tank.

Rudimentary Yet Dependable Underpinnings

Hero Mavrick 440 - Riding

The Mavrick 440 retains issues easy but efficient. 

India’s roads are among the many most inhospitable on this planet, as as a rule, there aren’t any roads, however reasonably, the remnants of cement and asphalt weathered by harsh local weather, heavy vehicles, and the shortage of upkeep. As such, easier is normally higher on the subject of the underpinnings of bikes, and the Mavrick 440 isn’t any exception.

Up entrance, suspension duties are dealt with by a non-adjustable telescopic fork that’s oriented the old style method – that’s to say right-side-up. Meanwhile, out again, suspension consists of dual shock absorbers that needs to be ok for driving with a pillion or strapping a bunch of bags onto the again seat. The bike’s engine is housed in a metal trellis body, contributing to its approachable claimed weight determine of 412.2 kilos. Last however not least, you get to decide on whether or not your Mavrick will roll on alloy wheels or wire-spoked wheels, however be aware that choosing the spoked wheel setup will bump the bike’s weight up by 9 kilos (421 kilos complete).

Approachable By Design

Hero Mavrick 440 - Riding 2

It provides a impartial rider triangle, giving the rider ample leverage for each commuting and long-distance driving.

Us Asian people are usually smaller than our western counterparts, and bike design within the area clearly displays that. The Hero Mavrick 440 is, for all intents and functions, thought of an enormous bike in India, and shall be thought of as such if it ever makes its technique to different components of Asia. Nevertheless, the Mavrick retains approachable dimensions even to shorter riders, because it sports activities a compact 54.64-inch wheelbase, and a modest seat top of 31.6 inches. That means most riders can confidently swing a leg over this bike and sit flat-footed (or no less than on the balls of their toes) when at a cease.

When in comparison with its Harley-badged sibling, the Mavrick 440 is markedly extra compact, sporting a shorter wheelbase and decrease seat top. Interestingly, it has the next floor clearance of 175 millimeters (6.89 inches), whereas the Harley has 170 millimeters (6.69 inches). Check out the way it stacks up towards the X440 within the desk Janaki got here up with under:

Dimensions Hero Mavrick 440  Harley-Davidson X440
Wheelbase 1,388mm (54.64 inches) 1,418mm (55.82 inches)
Length  2,100mm (82.67 inches) 2,168mm (85.35 inches)
Ground Clearance 175mm (6.89 inches) 170mm (6.69 inches)
Seat Height 803mm (31.6 inches) 805mm (31.69 inches)
Curb Weight 187 to 191 kg, relying on wheels (412 to 421-ish kilos)

190.5 kg (about 420 kilos)

A Price Tag That Won’t Break The Bank

Hero Mavrick 440 - Front Right Angle View

Hero’s Mavrick 440

Harley-Davdison Drops Images Of India-Made X440 Ahead Of Launch

Harley’s X440

Back when Hero launched the Mavrick 440, it conveniently left its price ticket out of the equation. Now, nonetheless, Hero has introduced the pricing of the brand new mannequin, whereas on the identical time opening bookings for it on its official web site.

The Mavrick 440 shall be supplied in three trim ranges, with the bottom mannequin sporting spoked wheels and an Arctic White colorway. It carries an SRP of Rs 199,000, or about $2,397 USD. The Mid possibility, in the meantime, will get alloy wheels and is available in two sporty colorways consisting of Fearless Red and Celestial Blue. Price is a bit greater right here at Rs 214,000 ($2,578 USD). Last however not least, the Top variant will get putting two-tone alloy wheels and glossy Phantom Black and Enigma Black motifs. It carries a price ticket of Rs 224,000, or about $2,699 USD.

It’s additionally price noting that the Mavrick 440 is considerably extra reasonably priced than the Harley-Davidson X440, which begins at Rs 239,500, or about $2,885 USD. While a pair hundred bucks might not appear to be lots, it’s essential to do not forget that India is a particularly price-sensitive market, and a worth distinction of just some {dollars} may very properly be all it takes to sway patrons in Hero’s method.

 

Why Toyota’s Hybrids Are Thriving And Tesla Is In A Slump

Summary

  • Toyota’s success goes past hybrids and is influenced by its status for reliability and strategic partnerships.
  • Tesla’s challenges lengthen past Elon Musk and embody elevated competitors, manufacturing points, and macroeconomic elements.
  • Consumer anxieties about vary, accessibility of charging stations, and price are key obstacles to widespread EV adoption.

For a long time, the automotive industry has been driven by a relentless pursuit of effectivity and sustainability. This quest has birthed two distinct contenders: the ever-reliable hybrid, championed by Toyota, and the revolutionary electric vehicle (EV), spearheaded by Tesla. Both applied sciences symbolize a departure from the standard combustion engine, however their paths diverge sharply, sparking a heated debate about the way forward for mobility.

Toyota‘s hybrid technique leans on a legacy of reliability and gasoline effectivity. Their hybrid autos seamlessly mix gasoline and electrical energy, providing spectacular mileage whereas mitigating reliance on fossil fuels. This strategy resonates with shoppers cautious of venturing totally electrical, assuaging anxieties about vary limitations and charging infrastructure gaps. Their success is clear in latest hovering inventory costs, reflecting a market that values their established strengths. The Japanese expect to earn an annual profit of more than $30 billion.

On the opposite hand, Tesla bursts onto the scene with a bolder imaginative and prescient – full electrification. Its EVs boast exhilarating performance and zero emissions, interesting to environmentally acutely aware shoppers looking for a transformative driving expertise. However, Tesla’s recent slump in the stock market highlights the challenges inherent in pioneering a nascent know-how. Production hiccups, intensified competitors, and broader financial headwinds forged a shadow, showcasing the unstable nature of innovation.

Related

Toyota Reaffirms Its EV Commitment With A $1.3 Billion Investment To Build EVs

Toyota dives into electrification with a $1.3 billion Kentucky plant funding, focusing on a rising market that it hasn’t tapped into utterly.

In order to provide the latest and correct data doable, this text primarily depends on market evaluation by Axios and incorporates knowledge from varied dependable sources, together with ScienceDirect, Bloomberg, CNN Business, Tesla, and Toyota.

Toyota’s Growth And Tesla’s Challenges In A Complex Market

Toyota Grand Highlander Hybrid
Toyota

While headlines may paint an easy image of Toyota’s hybrids conquering the market and Tesla’s electrical autos going through an unexpected downfall, the fact is much extra nuanced.

Toyota’s stock has seen impressive growth, attributing this solely to its hybrid technique, which paints an incomplete image. Looking on the broader context, the S&P 500, a key indicator of the U.S. inventory market, has similarly grown around 20-percent in the same period. This signifies a optimistic total market sentiment possible contributing to Toyota’s efficiency.

It’s necessary to think about elements past simply hybrids impacting Toyota’s success. Its established reputation for reliability and fuel efficiency across its entire lineup, together with non-hybrids, performs a major position. Additionally, Toyota has benefited from strategic partnerships with different automakers, increasing its market attain and technological capabilities.

Tesla’s Slump Is Beyond Musk’s Shadow

Gray and red Tesla Model 3 front-quarter driving
Tesla

Tesla’s market capitalization has declined by $210 billion because the starting of the yr. However, Tesla’s present challenges lengthen far past the latest controversies surrounding its CEO, Elon Musk. Several key elements are contributing to their present droop.

  • Intensified Competition: The EV market is experiencing speedy development, with established automakers like Ford and General Motors launching aggressive choices. This elevated competitors straight impacts Tesla’s market share, forcing them to adapt and innovate to take care of their edge. This additionally applies to Toyota, which lost its title as the top-selling automaker in the U.S. to General Motors in January.
  • Production Hiccups: Various manufacturing points have led to delays and impacted sales figures.
  • Macroeconomic Headwinds: Rising rates of interest and inflation are impacting shopper spending throughout all sectors, together with each EV and conventional automobile gross sales. These broader financial tendencies put further stress on Tesla’s gross sales efficiency.

Both firms face a mess of things impacting their efficiency, highlighting the interconnectedness of the automotive business. As the market continues to evolve, each Toyota and Tesla have their strengths and weaknesses, and their fortunes can be formed by their potential to adapt and navigate the ever-changing automotive panorama.

Related

Tesla Recalls Over 2 Million Cars Over A Potential Safety Issue, And Here’s Why

Tesla remembers thousands and thousands of autos attributable to undersized fonts used for essential warning lights on the instrument panel, posing a possible security threat.

Consumer Anxieties And Preferences Are A Key Factor In Electric Vehicle Adoption

2024 Toyota RAV4 Hybrid
Toyota

The examine by Axiossheds light on a crucial aspect of the electrical car (EV) market: shopper anxieties. While the potential of EVs is simple, their adoption charges have not fairly mirrored expectations. To perceive this discrepancy, one should delve deeper into the precise anxieties and preferences that affect shopper decisions.

A Roadblock On The Electrified Highway

Tesla Cybertruck
Tesla 

Topping the record of issues is range anxiety, the fear of running out of power earlier than reaching a charging station. While charging infrastructure is steadily increasing, its ubiquity pales compared to gasoline stations, particularly in rural areas. This creates a way of vulnerability for potential EV consumers, significantly those that regularly embark on lengthy journeys. Addressing this anxiety requires a “multi-pronged” approach: densifying the charging community, implementing faster-charging applied sciences, and educating shoppers about environment friendly driving strategies to maximise vary.

The Achilles’ Heel Of Convenience

A gray-colored Toyota Prius Prime charging shown from a rear-three quarter angle
Toyota

Beyond vary, the accessibility and convenience of charging stations play a critical role. Apartment dwellers and residents in areas with restricted charging infrastructure usually face challenges in proudly owning an EV. The absence of available charging choices at dwelling or work can considerably deter potential consumers, particularly those that prioritize ease of use. Expanding charging choices in house buildings, workplaces, and public areas is crucial to assuage these concerns and make EVs a more viable choice for a wider phase of the inhabitants.

The Balancing Act Of Cost And Benefit

Gray Tesla Model 3 front-quarter
Tesla

Despite value reductions, EVs generally carry a price tag higher than comparable gasoline-powered autos. This, coupled with the potential for future battery alternative prices, is usually a important barrier for budget-conscious shoppers. While authorities incentives may also help bridge the value hole, long-term value issues stay a sound concern.

Not A One-Size-Fits-All Market

It’s necessary to do not forget that shoppers will not be a homogenous group. While some prioritize environmental duty and are prepared to pay a premium for EVs, others prioritize affordability and comfort, making hybrids or gasoline-powered autos extra interesting choices.

Related

Why Toyota Is Hellbent On Keeping The Hydrogen-powered Mirai Alive Despite Its Poor Sales

In eight years, the Mirai solely offered 14,000 examples. However, Toyota is retaining it alive, and pushing for extra hydrogen autos, this is why.

The Future Of Mobility Is A Multifaceted Landscape

2023 Toyota C-HR PHEV
Toyota

While Toyota’s present success with hybrids and Tesla’s latest stumbles may paint a simplistic image, the way forward for mobility is much extra advanced and multifaceted. Predicting its actual contours is troublesome, because it hinges on a various net of things.

Technological Advancements

Government Policies

Consumer Preferences

Innovation would be the key driver of change. Continuous developments in battery know-how, charging infrastructure, and AD have the potential to deal with present challenges and speed up the adoption of cleaner transportation options. Governments, automakers, and shoppers all play a task in shaping this multifaceted panorama.

Related

Here’s How Tesla EVs Are Impacted By The Inflation Reduction Act In 2024

Tesla’s lineup faces challenges in 2024 because of the IRA’s affect on their eligibility for tax credit, nonetheless alternatives exist.

It’s More Than Just Hybrids Vs. EVs Here

Gray Tesla Model 3 front tracking
Tesla

In quick, whereas the present state of Toyota’s success and Tesla’s challenges may paint a transparent image of a victor within the hybrid versus electrical car (EV) debate, deeper evaluation reveals a much more nuanced actuality. Reducing Toyota’s efficiency solely to its hybrid dominance and Tesla’s droop to a failing EV market is an oversimplification. Both firms function inside a dynamic and multifaceted panorama, formed by varied elements past simply their core applied sciences.

Threads Of The Tapestry

2024 Toyota RAV4 Hybrid
Toyota

Furthermore, acknowledging and addressing shopper anxieties surrounding vary limitations, charging infrastructure gaps, and affordability issues is crucial for any automaker navigating this ever-evolving terrain. The way forward for mobility just isn’t a monolithic entity, however fairly a various tapestry woven from varied threads.

Volkswagen Group is continuing its strategic realignment of its charging and energy business

Volkswagen Group has appointed Giovanni Palazzo as the new Head of Charging and Energy to drive the strategic realignment of the charging and energy business. Palazzo, who also serves as the CEO and Head of Sales for the Elli brand, will focus on expanding the fast-charging network and advancing Volkswagen’s smart energy platform. The collaboration between Elli and Electrify America will be strengthened, new business models will be introduced internationally, and closer cooperation with Group brands and customers will be established. The strategic plan has already been presented to investors and analysts at the Capital Markets Day.

Giovanni Palazzo, Senior Vice President Volkswagen Group Charging and Energy and the CEO of Elli, stated, “Volkswagen Group has a strong foundation in charging and energy, particularly through Electrify America, the largest open charging network in the US, and Elli, the largest mobility service provider in Europe. We aim to expand this expertise throughout the value chain and focus on verticalizing the energy management business, which will be a key revenue driver in the future. This involves a new strategic direction, new business models, and closer collaboration within the division and with Volkswagen Group brands.”

Volkswagen aims to offer innovative solutions for load management, energy market optimization, and energy trading as part of its strategic orientation. The company plans to introduce intelligent charging management services for fleet customers from 2024. Giovanni Palazzo brings valuable experience from his role as the CEO of Electrify America in the North American market. Robert Barrosa has taken over as the President and CEO of Electrify America since June 1.

Thomas Schmall, Member of the Volkswagen Group Board of Management responsible for Technology and CEO of Volkswagen Group Technology, said, “We recognized early on that charging and energy is one of the most important sectors for the growth of electric mobility and the energy transition. It is crucial to develop our own products and services across the entire value chain and establish strategic partnerships in the energy sector. With Giovanni Palazzo, we have an excellent industry expert and a modern leader who will enhance the Group’s competencies in the energy transition. As an experienced international manager, he has the skills to drive global cooperation and innovation partnerships.”

Expansion of the global fast charging network

Volkswagen already operates the largest open charging network in the US through Electrify America. The company aims to collaborate with partners to establish more than 43,000 fast-charging points in Europe, China, and North America by 2025. Electrify America plans to double the number of fast-charging points to 8,000 in North America alone. In Europe, Volkswagen’s Elli brand provides access to over 500,000 charging points as a mobility service provider. Additionally, the CAMS joint venture in China aims to build 17,000 fast-charging points by 2025. The Group will also expand its range of charging and energy services to better meet customer needs.

In addition to home chargers and flexible fast-charging stations, Volkswagen Group will offer charging and energy services such as public charging, green energy, and energy management. Some of these services are already provided by Electrify America in North America and Elli in Europe. In the long term, the Group plans to integrate electric cars as intelligent consumers and power banks within the electricity grid to contribute to the future energy system.

Charging and Energy division within Group Technology

The Charging and Energy division is one of four technology pillars of Group Technology, alongside PowerCo, Group Components, and Group Platform Business. Group Technology, created by Volkswagen two years ago, forms a unique ecosystem around electric mobility, covering all services from components for electric engines and batteries to charging and energy. Volkswagen Group Technology supports brands as a group-wide technology supplier and includes subsidiaries PowerCo and Elli. The division focuses on batteries, charging, and e-components, with PowerCo set to produce the unified cell from 2025. The Platform Business collaborates with external partners such as Ford and Mahindra.

About Elli

Elli, a Volkswagen Group brand with approximately 300 employees, caters to the interface between energy and mobility. As a part of the Group, Elli offers a wide range of energy and charging solutions in Europe and acts as a mobility service provider. Its portfolio includes charging solutions for private customers and companies, charging services, and innovative smart green electricity tariffs. Elli also provides digital solutions and services for charging in public spaces. Established in 2018, Elli has offices in Berlin, Wolfsburg, and Munich.

For more information about Giovanni Palazzo and photos related to this topic, please visit www.volkswagen-group.com or www.elli.eco.

Koenigsegg x CHIMI Forca-G: When Hypercars Meet High Fashion

Koenigsegg, known for its exceptional hypercar engineering, is taking its commitment to excellence to new heights with its collaborations with luxury brands and artists. These partnerships and capsule collections not only showcase Koenigsegg’s merging of the automotive world with artistry but also solidify its position as an unrivaled ultra-luxury brand. Koenigsegg is excited to announce its latest lifestyle collection in collaboration with the Swedish fashion brand CHIMI. This collection features a range of high-fashion apparel and accessories.

In a campaign featuring Swedish rapper Yung Lean, Koenigsegg x CHIMI’s special project draws inspiration from racing culture and the exhilaration of speed.

Yung Lean showcases pieces from the new collection in a video of him driving the new Koenigsegg CC850 hypercar. The Forca-G Collection features clothing and eyewear crafted from the same materials used in the Koenigsegg Jesko, the fastest car in the world. The Forca-G lineup includes a high-performance Metal Jacket as well as two sunglass styles designed for an aerodynamic fit. The Koenigsegg x CHIMI Collection introduces a modern style that perfectly aligns with the hypercar industry’s pursuit of performance. Explore and shop the Koenigsegg x CHIMI Forca-G Collection by clicking the link below.

Shop Koenigsegg x CHIMI Forca-G

Volkswagen Group Prioritizes Profitability and Cash Flow through Strategic Alignment and Performance Programs

Volkswagen Group is undergoing a strategic alignment to strengthen its profitability and cash flow. During its Capital Markets Day, the Group introduced leadership principles that emphasize customer orientation, entrepreneurship, and team spirit. The Group has assigned the responsibility for achieving return targets to each of its brands. For the first time, each brand will launch its own performance program with a focus on strengthening profitability, cash flows, and reducing capital intensity. This marks a shift from pure volume growth to prioritizing sustainable value creation based on the “value over volume” principle. The Group is also realigning its architecture, battery, software, and mobility services to fully leverage economies of scale. Regionally, Volkswagen is focusing its investments on the most lucrative profit pools globally, refining strategies for growth markets like China and North America. With a brand-focused approach and performance programs, the Group aims to achieve a strategic return on sales target of 9 to 11 percent by 2030.

“Our focus is on implementation, speed, and performance,” says Oliver Blume, CEO of Volkswagen Group. He further emphasizes the importance of clear priorities, operational and strategic focus, and the benefits this realignment brings to customers, investors, and the team.

The new steering model introduces direct responsibility for financial targets, strategy, and brand identities to the brands. The performance programs, managed at the brand group level, provide a framework for further development. By shifting the focus from volume to value creation, the brands aim to strengthen market positioning and improve performance in terms of margins, product mix, and vehicle features. Additionally, the brands will explore new business models such as mobility services to tap into additional profit opportunities. To support this, the Group will optimize economies of scale and implement cost-saving measures in various areas.

Volkswagen Group has adopted a new approach that prioritizes sustainable value creation over volume growth. Arno Antlitz, CFO and COO of Volkswagen Group, explains that the steering model focuses on profitability, lower fixed costs, and disciplined investment. The aim is to strike a balance between brand emotional power and scale benefits provided by technology and services offered by the Group.

The realignment also includes an explicit designation of the brand groups, which will be named Core, Progressive, Sport Luxury, and Trucks. This move aims to reinforce the Group’s commitment to technology platforms that provide an exceptional customer experience. The platforms cover architecture, battery, software, and mobility services allowing the brands to leverage scale benefits and increase profitability. In terms of technology, Volkswagen Group plans to establish the group-wide platform SSP by 2024, alongside competitive architectures such as PPE and the second-generation MEB+. The battery strategy and ramp-up of PowerCo will enhance flexibility and competitiveness through the Unified Cell concept.

CARIAD, the Group’s internal software supplier, will support the launch of new electric vehicles like the Porsche Macan and Audi Q6 e-tron. The next-generation E³ 2.0 will be developed in collaboration with CARIAD, VW, and Audi in a Software-Defined-Vehicle hub, reinforcing Volkswagen Group’s commitment to digitalization and e-mobility.

Volkswagen Group aims to strengthen its financial robustness and has set specific key performance indicators (KPIs) for each brand group, as well as the CARIAD and PowerCo technology platforms. The KPIs focus on operating results, return on sales, net cash flow, cash conversion rate (CCR), and investment ratio. The Group plans to develop its management incentive scheme further to include selected financial targets for brand and brand group performance. The Group’s sales growth target is set at 5 to 7 percent annually until 2027 and will be aligned with industry developments thereafter. The strategic return on sales target is expected to reach between 9 and 11 percent by 2030.

Volkswagen Group is also refining its regional strategies, particularly in China and North America. In China, the Group aims to maintain its position as the most successful international OEM by developing products tailored to the Chinese market. In North America, Volkswagen Group plans to expand its market share by investing in new electric vehicles and establishing a battery cell factory in Canada. Additionally, the relaunch of the Scout brand will focus on all-electric vehicles in the high-margin pickup and Rugged SUV segment.

The Capital Markets Day serves as the kick-off for a closer engagement with the capital market. Volkswagen Group plans to host further events to provide investors and analysts with more detailed information about brand group strategies, technology areas, and regional approaches.

Global Automotive Artificial Intelligence Strategic Business Report 2023: The Age of AI Has Arrived & Here’s How it Promises to Revolutionize Automobiles

Global Automotive Artificial Intelligence Strategic Business Report 2023: The Age of AI Has Arrived & Here’s How it Promises to Revolutionize Automobiles

DUBLIN, June 16, 2023 /PRNewswire/ — The “Automotive Artificial Intelligence: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

Global Automotive Artificial Intelligence Market to Reach $14.8 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Automotive Artificial Intelligence estimated at $3.2 Billion in the year 2022, is projected to reach a revised size of $14.8 Billion by 2030, growing at a CAGR of 20.9% over the analysis period 2022-2030.

Software, one of the segments analyzed in the report, is projected to record 22.5% CAGR and reach $9.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 18.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 23.1% CAGR

The Automotive Artificial Intelligence market in the U.S. is estimated at $1.2 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of $2.4 Billion by the year 2030 trailing a CAGR of 23.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.3% and 18.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 20.3% CAGR.

Looking Ahead to 2023

Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession.

Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year.

Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What’s New for 2023?

– Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its ‘bumpy’ reopening; supply chain disruptions, global trade tensions; and risk of recession.
– Global competitiveness and key competitor percentage market shares
– Market presence across multiple geographies – Strong/Active/Niche/Trivial
– Online interactive peer-to-peer collaborative bespoke updates
– Access to digital archives and Research Platform
– Complimentary updates for one year

Key Topics Covered:

MARKET OVERVIEW
– The Age of AI Has Arrived & Here’s How it Promises to Revolutionize Automobiles
– Evolution & Growth of AI as Measured by the Robust Spending on AI Enablement, Primes the Technology for Use in Automobiles: Global Market for Artificial Intelligence (AI) (In US$ Billion) for Years 2021, 2023, 2025 & 2027
– How & Where is AI Used in the Automobile Industry?: % Breakdown of Automotive AI Spending by Application Area as of the Year 2022
– Global Economic Update
– Competition
– Automotive Artificial Intelligence – Global Key Competitors Percentage Market Share in 2022 (E)
– Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
– Automotive Artificial Intelligence: Global Market Prospects & Outlook
– World Brands
– Recent Market Activity
– Innovations

MARKET TRENDS & DRIVERS
– Growing Demand for Connected & Safe In-Car Infotainment Systems to Expand Use of AI Technology in Vehicles
– AI Integration into In-Vehicle Infotainment Systems Gathers Momentum, Supported by Strong Demand for Intuitive, Smarter & Safer Systems: Global Automotive Infotainment Market Opportunity (in US$ Billion) by Geographic Region for the Years 2021, 2023, 2025 and 2027
– Swift Progress Towards Autonomous Vehicle Commercialization to Drive the Importance of AI Technology
– Exhibit Global Autonomous Vehicle Sales (In Million) for Years 2020, 2025 & 2030
– Against the Backdrop of Rising Automobile Thefts, AI Makes It Presence Felt in the Vehicle Access Control Space
– As the Number of Cars Stolen Each Year Increases, AI Emerges Into the Spotlight for its Ability to Make Vehicle Access Control Systems More Fool Proof: Vehicle Thefts (In 000 Vehicles) in the United States for the Years 2019 through 2022
– Motor Vehicle Theft in the United States by Area Type as of the Year 2022
– Growing Popularity of In-Car Payments Bodes Well for the Adoption of AI in Automobiles
– The Need for Intuitive & Safer Vehicle HMI Solutions Drives the Use of AI
– Robust Innovations in the Automotive HMI Market Bodes Well for Adoption of AI Technology in HMI R&D, Design and Development: Global Market for Automotive HMI (In US$ Billion) for Years 2022, 2024, 2026, 2028 and 2030
– Focus on Driver Behavior Intelligence Expands the Role of AI in Driver Monitoring
– Here’s How AI Enables Secure Vehicular Communication in the Era of Internet of Cars

FOCUS ON SELECT PLAYERS (Total 133 Featured)
– Argo AI, LLC
– Ather Energy
– Audi AG
– Automotive Artificial Intelligence (AAI) GmbH
– BMW AG
– Mercedes-Benz Group AG
– Ford Motor Company
– General Motors Company
– German Autolabs
– Harman International Industries Inc.
– Honda Motor Co. Ltd.
– Hyundai Motor Corporation
– IBM Corporation
– iGloble Software Solutions Pvt. Ltd.
– Intel Corporation
– Micron Technology, Inc.
– Microsoft Corporation
– Mitsubishi Electric Corporation
– Motional, Inc.
– Nauto
– Nvidia Corporation
– Qualcomm Inc.
– Refraction AI
– SapientX, Inc.
– Soniclue
– Tesla Inc.
– Tractable (UK)
– Uber Technologies Inc.
– Volvo Car Corporation
– Xilinx Inc.

For more information about this report visit https://www.researchandmarkets.com/r/qlu8eg

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Global Natural Gas Vehicles (NGVs) Strategic Business Report 2023: Stringent Vehicular Emission Norms Throws the Focus Squarely on NGVs

Global Natural Gas Vehicles (NGVs) Strategic Business Report 2023: Stringent Vehicular Emission Norms Throws the Focus Squarely on NGVs

DUBLIN, June 16, 2023 /PRNewswire/ — The “Natural Gas Vehicles (NGVs): Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Natural Gas Vehicles (NGVs) estimated at 25.2 Million Units in the year 2022, is projected to reach a revised size of 42.3 Million Units by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030.

Light Duty Vehicles, one of the segments analyzed in the report, is projected to record a 6.8% CAGR and reach 39 Million Units by the end of the analysis period.

Taking into account the ongoing post-pandemic recovery, growth in the Medium & Heavy Duty Trucks segment is readjusted to a revised 6% CAGR for the next 8-year period.

The U.S. Market is Estimated at 172.2 Thousand Units, While China is Forecast to Grow at 7.4% CAGR

The Natural Gas Vehicles (NGVs) market in the U.S. is estimated at 172.2 Thousand Units in the year 2022. China, the world’s second-largest economy, is forecast to reach a projected market size of 9.9 Million Units by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 11.6 Million Units by the year 2030.

Select Competitors (Total 55 Featured) –
AB Volvo
Bajaj Auto Limited
Bayerische Motoren Werke AG
CNH Industrial N.V.
Daimler AG
Dongfeng Motor Corporation
Ford Motor Company
General Motors Company
Landi Renzo S.p.A.
Opel Automobile GmbH
PACCAR Inc.
Tata Motors Limited

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
– Influencer Market Insights
– World Market Trajectories
– Natural Gas Vehicles (NGVs) – Global Key Competitors Percentage Market Share in 2022 (E)
– Difficult to Reduce Carbon Footprint of the Automotive Industry Shifts Focus to Alternate Fuel Vehicles
– Inability of Conventional ICE Powered Vehicles to Demonstrate Desired Reductions in CO2 Emissions to Drive the Focus on Alternative Fuel Vehicles: Official Laboratory CO2 Reduction Claims Vs On-Road Emission Efficiency (In Grams per Kilometer) for the Years 2008, 2010, 2012, 2014, 2016, 2018, and 2020
– Year 2020 Has Been a Year of Astounding Disruption & Unbelievable Transformation
– COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019 to 2022
– Continued High Unemployment Levels Challenges Growth in Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2017, 2019, 2020, and 2022
– As Mass Vaccination Drives Get Underway Worldwide, Will It Change the Existing Economic Realities? & Is it Really the Silver Bullet We Were Waiting For?
– How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: Global Number of COVID-19 Vaccinations (Per 100 People) As of February 2021 by country
– Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
– How the Automotive & Clean-Tech Industries Are Impacted by the Pandemic & What’s the New Normal?
– The Automotive Industry
– Global Automotive Market Reset & Trajectory – Growth Outlook (In %) For Years 2019 Through 2025
– Clean Technologies
– A Strong Rebound in Clean Technologies Brings Good News for NGVs: Global Clean Technologies Market Reset & Trajectory – Growth Outlook (In %) For Years 2019 Through 2025
– Natural Gas Vehicles (NGVs) – Definition & Scope
– Recent Market Activity
– Innovations
– Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
– Growing Global Focus on Decarbonizing the World Offers Attractive Opportunities for NGVs in Decarbonizing the Transportation Sector
– Stringent Vehicular Emission Norms Throws the Focus Squarely on NGVs
– A Review of Environmental & Emission Norms Legislated Till Date
– With Transportation Accounting for Close to 23.2% of Global GHG Emissions, the Time is Ripe for the Adoption of an Integrated Approach Towards Reducing CO2 Involving NGVs: Global CO2 Emissions (In Billion Metric Tons) for the Year 2021
– Post COVID-19 Focus on Sustainability Will Drive NGV Adoption in Creating a Cleaner & Greener Transportation Industry
– Here’s Why the Environment & Sustainability Will be Top Priorities After the Pandemic
– Compliance Standards for Reducing Emissions from Vehicles to Become Stricter, Post Pandemic Global GHG Emissions from Transportation (In Billion Tons of CO2) for the Year 2021
– How NGVs Can Help Address the Sustainability Challenge?
– Cost Benefits, Environmental Motives and Government Incentives Catalyze Adoption Rates of NGVs
– Commercial Vehicle Fleet Owners Adopt NGVs to Meet Carbon Footprint Goals & Drive Profits Through Higher Fuel Economy
– Rising Popularity of EVs. What Does it Mean for NGVs
– Global EV Market Outlook
– Growing Number of EVs On Road, Will It Dislodge Technology Investments in NGVs: Number of EVs On Road Worldwide by Type (In 000 Units) for the Years 2019 and 2022
– NGVs Will Continue to Have a Future Alongside EVs, Here’s Why?
– Initiatives Undertaken for the Development of Fueling Infrastructure Spurs NGV Penetration
– Bio-CNG Vehicles Emerge to Counter the Methane Emission Threat Posed by NGVs
– Cost Pressures in the Logistics Industry Spurs Market Opportunities for Natural Gas as a Cost-Effective Alternate Fuel
– Focus on Road Infrastructure Development Post Pandemic to Ensure Sustained Growth of NGVs in Road Freight Transportation
– Continuous Development of World’s Highways to Expand Market Opportunities for Commercial Vehicle NGVs: Length of Road Networks (In 000 Kilometers) in Top 15 Countries Worldwide for the Year 2020
– Natural Gas Market Outlook
– How Shale Gas Revolution Has Lowered Natural Gas Prices?
– Despite the Strengthening of Prices Post 2020 Crisis, Natural Gas Still Remains Cheap
– Growing Competition from Liquid Biofuels Pose a Challenge to Market Prospects

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/931zkb

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Media Contact:
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Laura Wood, Senior Manager
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SOURCE Research and Markets