The global electric vehicle market size was valued at USD 396.49 billion in 2024 and is expected to reach USD 620.33 billion by 2030 at a CAGR of 7.7% during the forecast period.
The globalvehicle tracking system market size was valued at USD 21.54 billion in 2022and is expected to grow at a compound annual growth rate (CAGR) of 14.1% over the forecast period from 2023 to 2030. The rising adoption of advanced technology and growing concern for the security and safety...
Additionally, the rising demand for customized AGV solutions tailored to industry-specific requirements is fostering product innovation among key market players. As organizations prioritize supply chain resilience, AGVs are becoming useful for automation strategies, supporting their projected long-term growth....
Need-to-know insights on the electric vehicle industry, including analysis on global EV market share, electric vehicle sales, and EV forecasts by country.
Electrified commercial vehicles will be an increasingly common sight on roads in the future. According to a study by McKinsey, e-trucks such as vans or articulated lorries will account for around 15 percent of the total market in 2030. Its researchers estimate that the share of smaller commercia...
Just a few months ago,Volvo and Baiduannounced a strategic partnership to jointly develop Level 4 electric vehicles that will serve the robotaxi market in China. Level 5 (Full Driving Automation) Level 5 vehicles do not require human attention―the “dynamic driving task” is eliminated. Level ...
Electric Vehicle paint shops involve a wide array of process areas that require close monitoring and control for optimal quality paint jobs. The pretreatment, air supply house, VOC abatement system, ovens, paint booths, dry filter booth or sludge pits and air and water quality play a critical ...
Define tracked vehicle. tracked vehicle synonyms, tracked vehicle pronunciation, tracked vehicle translation, English dictionary definition of tracked vehicle. Noun 1. tracked vehicle - a self-propelled vehicle that moves on tracks Caterpillar, cat - a l
This ETF tracks the Bloomberg Electric Vehicles Index, which encompasses the complete EV supply chain, including raw material production, manufacturing, sales and charging infrastructure. Thanks to KraneShares' Chinese market expertise, this ETF holds many hard-to-access "A-Shares" companies listed on...
I think all automakers now see that the future is electric and are working out their plans for how to succeed in this brave new market. We’ll see how the leaderboard shuffles around in the coming 6 months and year. Any predictions?