#united states electric vehicle market report

[renubresearch]

United States Electric Vehicle Market will be US$ 391.03 Billion by 2030

Renub Research has released a report titled “United States Movie Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2030,” which includes market percentage records and a thorough enterprise analysis. This report looks at the competition, geographic distribution, and growth potential of the United States Movie Market. United States Movie Market is predicted to extend at…

[aarunresearcher]

The United States electric vehicles market size is projected to exhibit a growth rate (CAGR) of 31.6% during 2024-2032. The increasing investments in charging infrastructure by both public and private entities, the rising corporate policies promoting the use of EVs, the growing integration of electric vehicles with autonomous driving technologies, the escalating efforts to educate consumers about the benefits of electric vehicles, and the stringent emission regulations are some of the factors propelling the market.

[rjzimmerman]

Excerpt from this story from EcoWatch:

In its new Global EV Outlook 2024, the International Energy Agency (IEA) said electric vehicle (EV) sales will reach 17 million this year — up from 14 million in 2023.

In 2024, EVs are projected to make up roughly one out of nine cars sold in the United States, one in four in Europe and 45 percent of total car sales in China, an IEA press release said.

“Electric cars continue to make progress towards becoming a mass-market product in a larger number of countries,” the report said. “Tight margins, volatile battery metal prices, high inflation, and the phase-out of purchase incentives in some countries have sparked concerns about the industry’s pace of growth, but global sales data remain strong.”

More than one-fifth of cars sold globally in 2024 are predicted to be electric, with growing demand set to substantially reduce oil consumption used for road transportation over the coming decade, the press release said.

The pace of EV sales means road transportation’s oil demand is expected to peak around 2025, according to the IEA report, as Reuters reported.

The report added that around six million barrels of oil per day would be cut from oil demand by 2030, with an 11 million barrel reduction by 2035 if countries meet their stated climate and energy policies.

By 2030, EVs are projected to make up nearly one in five cars on the roads in the U.S. and European Union and one in three in China.

[thepastisalreadywritten]

SEOUL, South Korea — In fried-chicken-obsessed South Korea, restaurants serving the nation's favourite fast-food dish dot every street corner.

But Kang Ji-young's establishment brings something a little different to the table: a robot is cooking the chicken.

Eaten at everything from tiny family gatherings to a 10-million-viewer live-streamed "mukbang" -- eating broadcast -- by K-pop star Jungkook of BTS fame, fried chicken is deeply embedded in South Korean culture.

Paired with cold lager and known as "chimaek" -- a portmanteau of the Korean words for chicken and beer -- it is a staple of Seoul's famed baseball-watching experience.

The domestic market -- the world's third largest, after the United States and China -- is worth about seven trillion won ($5.3 billion).

However, labour shortages are starting to bite as South Korea faces a looming demographic disaster due to having the world's lowest birth rate.

Around 54 percent of business owners in the food service sector report problems finding employees, a government survey last year found, with long hours and stressful conditions the likely culprit, according to industry research.

Korean fried chicken is brined and double-fried, which gives it its signature crispy exterior, but the process -- more elaborate than what is typically used by US fast food chains -- creates additional labour and requires extended worker proximity to hot oil.

Enter Kang, a 38-year-old entrepreneur who saw an opportunity to improve the South Korean fried chicken business model and the dish itself.

"The market is huge," Kang told AFP at her Robert Chicken franchise.

Chicken and pork cutlets are the most popular delivery orders in South Korea, and the industry could clearly benefit from more automation "to effectively address labour costs and workforce shortages," she said.

Kang's robot, composed of a simple, flexible mechanical arm, is capable of frying 100 chickens in two hours -- a task that would require around five people and several deep fryers.

But not only does the robot make chicken more efficiently -- it makes it more delicious, says Kang.

"We can now say with confidence that our robot fries better than human beings do," she said.

Investing in 'foodtech'

Already a global cultural powerhouse and major semiconductor exporter, South Korea last year announced plans to plough millions of dollars into a "foodtech" fund to help startups working on high-tech food industry solutions.

Seoul says such innovations could become a "new growth engine," arguing there is huge potential if the country's prowess in advanced robotics and AI technology could be combined with the competitiveness of Korean food classics like kimchi.

South Korea's existing foodtech industry -- including everything from next-day grocery delivery app Market Kurly to AI smart kitchens to a "vegan egg" startup -- is already worth millions, said food science professor Lee Ki-won at Seoul National University.

Even South Korea's Samsung Electronics -- one of the world's biggest tech companies -- is trying to get in on the action, recently launching Samsung Food, an AI-personalised recipe and meal-planning platform, available in eight languages.

Lee predicted South Korea's other major conglomerates are likely to follow Samsung into foodtech.

"Delivering food using electric vehicles or having robots directly provide deliveries within apartment complexes, known as 'metamobility,' could become a part of our daily lives," he said.

"I am confident that within the next 10 years, the food tech industry will transform into the leading sector in South Korea."

'Initially struggled'

Entrepreneur Kang now has 15 robot-made chicken restaurants in South Korea and one branch in Singapore.

During AFP's visit to a Seoul branch, a robot meticulously handled the frying process -- from immersing chicken in oil, flipping it for even cooking, to retrieving it at the perfect level of crispiness, as the irresistible scent of crunchy chicken wafted through the shop.

Many customers remained oblivious to the hard-working robotic cook behind their meal.

Kim Moon-jung, a 54-year-old insurance worker, said she was not sure how a robot would make the chicken differently from a human "but one thing is certain -- it tastes delicious."

The robot can monitor oil temperature and oxidation levels in real time while it fries chicken, ensuring consistent taste and superior hygiene.

When Kang first started her business, she "initially struggled" to see why anyone would use robots rather than human chefs.

"But after developing these technologies, I've come to realise that from a customer's perspective, they're able to enjoy food that is not only cleaner but also tastier," she told AFP.

Her next venture is a tip-free bar in Koreatown in New York City, where the cocktails will feature Korea's soju rice wine and will be made by robots.

Entrepreneur aims to improve South Korea's dish using robot

11 September 2023

[mariacallous]

All roads lead to Phoenix. On the gravy train of greenfield investment riding on the back of Inflation Reduction Act legislative incentives in the United States, no county ranks higher than Arizona’s Maricopa. The county leads the nation in foreign direct investment, with Taiwan Semiconductor Manufacturing Corp. (TSMC), Intel, LG Energy, and others expanding their footprint in the Grand Canyon State. But Phoenix is neither the next Rome nor the next Detroit. The reasons boil down to workers and water.

First, the labor. America’s skilled worker shortage has been well documented since before the Trump-era immigration slump and pandemic border closures. Especially in the tech industry—the United States’ most productive, high-wage, and globally dominant sector—a huge deficit in homegrown engineering talent and endlessly bungled immigration policies have left Big Tech with no choice but to outsource more jobs abroad.

Arizona dangled its low taxes and sunshine, but TSMC has had to fly in Taiwanese technicians to jump-start production at the 4 nanometer chip plant that was meant to be completed by 2024, but has been delayed until 2025 at the earliest.

The salvage operation calls into question whether the more advanced and miniaturized 3 nanometer plant—scheduled to open in 2026 will stay on course. (With two-thirds of its customer base—including Apple, AMD, Qualcomm, Broadcom, Nvidia, Marvell, Analog Devices, and Intel—in the United States, it’s no wonder TSMC wants to speed things up.)

From electric vehicles to gaming consoles, the forecasted demand for the company’s industry-leading chips is projected to rise long into the future—and its market share is already north of 50 percent. Given the geopolitical risks it faces in Asia, a well-trained U.S. workforce could give it the comfort to establish the United States as a quasi-second headquarters. After all, Morris Chang, the company’s founder, had a long first career with Texas Instruments.

But the next slowdown they may face is Arizona’s dwindling water supply. In just the past year, Scottsdale cut off water to Rio Verde Foothills, an upscale unincorporated suburb on its fringes, due to the region’s ongoing megadrought and its curtailed allocation of Colorado River water. This was followed by Phoenix freezing new construction permits for homes that rely on groundwater.

Forced to find other sources, industry players have stepped up buying water rights from farmers, essentially bribing them to stop growing food that would serve the region’s fast-growing population. Then there are the backroom deals involved in an Israeli company receiving the green light for a $5.5 billion project to desalinate water from Mexico’s Sea of Cortez and pipe it 200 miles uphill through deserts and natural preserves to Phoenix.

Water risk brings political risk for companies. Especially in Europe, governments are carefully weighing the short-term benefits of corporate investment versus the climate stress it exacerbates. They have good reason to be suspicious: Firms such as Microsoft have been notoriously inconsistent in reporting their water consumption, and promises to replenish consumed water haven’t been delivered on. And even if data centers are becoming more efficient, growing demand just means more of them. Some European provinces have blocked data center development, pushing them to locations with high heat risk.

Europe’s regulatory stringency has long been off-putting to foreign investors, which is what makes European officials so weary of Washington’s aggressive Inflation Reduction Act, CHIPS and Science Act and Infrastructure Investment and Jobs Act.

But to fulfill its promise of putting the United States on a path toward sustainable industrial self-sufficiency, these policies need to better align investment with resources, matching companies to geographies that best suit their needs. It would be better to direct capital allocation to climate resilient regions than to throw good money after potentially stranded assets.

If any company ought to know better on all these matters, it’s TSMC. In Taiwan itself, the industry’s huge energy and water consumption are a source of controversy and difficulty. Not only have droughts on the island occasionally slowed production, but the company’s own water consumption rose 70 percent from 2015-19.

Furthermore, Taiwan knows that its real special sauce is precisely the technically skilled workforce that the United States lacks. Yet TSMC has doubled down on Phoenix, a place without a reliable long-term water supply for industry, little in the way of renewable energy, and a construction freeze that will make it challenging to house all the workers it needs to import.

With all the uncertainty over both water and workers, this begs the question of whether the semiconductor company the entire world is courting would have been better off establishing its U.S. beachhead in the upper Midwest or northeast instead? Ohio, upstate New York, and Michigan rank high in greenfield corporate investments, resilience to climate shocks, and are abundant in quality universities and technical institutes.

Amid accelerating climate change and an intensifying war for global talent, how can those devising U.S. industrial policy better select the appropriate locations to steer investment to?

States with higher climate resilience than Arizona are starting to flex for greater investment. According to recent data, Illinois has climbed to second place nationally for corporate expansion and relocation projects. The greater Chicago area and state as a whole are touting their tax benefits, underpriced real estate, growth potential, and grants to prepare businesses to cope with climate change.

Other parts of the Great Lakes region, such as Michigan and Ohio, are also regaining confidence in their industrial revival, pitching heavily for both domestic and foreign commercial investment while emphasizing their affordability and climate adaptation plans.

Just over the border, Canada has been wildly successful in poaching foreign skilled workers unable to secure or maintain green card status in the United States while also investing heavily in economic diversification—all with the benefit of nearly unlimited natural resources and energy supplies. While Canada hasn’t yet rolled out Inflation Reduction Act-style tax breaks to lure investors, it abounds in critical minerals for EV batteries (nickel, cobalt, lithium and rare earths such as neodymium, praseodymium, and niobium) as well as hydropower.

The more that climate change warps the United States, the more grateful it should be that its most natural and staunch ally occupies the most climate resilient real estate on the North American continent, even taking into account the raging wildfires of this summer. But rather than covet Canada the way China does Russia—as a vast and depopulated resource bounty—the United States and Canada should cooperate far more proactively on a continental scale industrial policy that would bring about true self-sufficiency from the Arctic to the Caribbean.

This is where geopolitical interests, economic competition, and climate adaptation converge. As Canada’s population surges by up to 1 million new permanent migrants annually, a more unified North American system would be more self-sufficient in crucial commodities and industries, less vulnerable to supply chain disruptions abroad, and avoid unnecessary carbon emissions from excessive inter-continental trade. Thirty years after the NAFTA agreement, it seems more sensible than ever to graduate toward a more formal, autarkic North American Union.

One can easily imagine Greenland joining one day—the country already enjoys autonomy from its colonizer (Denmark) and is now pushing for complete independence, driven partly by the desire to control more of the riches that climate change has revealed it to possess.

Meanwhile, in Taipei, there are far more complex geopolitical consequences to consider. TSMC has long been considered Taiwan’s “silicon shield,” a leader of industry so important that a conflict that took it offline would be a major own-goal for China. But it is precisely the combination of the China threat, environmental stress, and pandemic-era supply chain disruptions that convinced TSMC’s customers that its home nation represents too large a concentration risk.

Now TSMC and its rivals are expanding production from Japan to the United States, Europe, and India. This globally diversified set of chip manufacturers is easier for China to exploit as countries more susceptible to Chinese pressure become less rigid in compliance with U.S.-led export controls over advanced technologies.

At the same time, if the United States no longer depends on Taiwan itself for the majority of its semiconductor supply in just five to seven years, will it be as willing to defend Taiwan militarily? This, not Ukraine, is what Beijing is watching for as it pursues its own “Made in China” quest for self-sufficiency.

Industrial policy is back in vogue as a national security and economic strategy. But to get it right requires aligning investment into industry and infrastructure with the geographies of resources and resilience. The countries that build climate adaptation into their strategies will be the ones that build back better.

[dertaglichedan]

How Green Energy Helps Fund Taliban Islamic Terrorists

We have been reporting on how green energy is being used to fund the Communist Chinese.

There is one primary reason and its named is — lithium.

Lithium is a key mineral used to creating green energy and powers all electric vehicles.

The BBC’s Catherine Early who in a November 24th, 2020 article titled The new ‘gold rush’ for green lithium wrote,

Lithium is crucial for the transition to renewables, but mining it has been environmentally costly. Now a more sustainable source of lithium has been found deep beneath our feet. [ … ] The commercial use for lithium in the 21st Century could not be clearer. It is found not only inside smart phones and laptops, but is now vital to the clean energy transition, for the batteries that power electric vehicles and store energy so renewable power can be released steadily and reliably. Demand has soared in recent years as carmakers move toward electric vehicles, as many countries including the UK, Sweden, the Netherlands, France, Norway and Canada announce a phase-out of combustion-engine cars. In fact, five times more lithium than is mined currently is going to be necessary to meet global climate targets by 2050, according to the World Bank. Read more.

Visual Capitalist’s Jeff Desjardins did a series of infographics on lithium and predicted that by 2025 the battery market alone will be almost 2x bigger than the entire lithium market today.

The largest producers of lithium products in 2015 were Chile 37.0%, Australia 33.0%, Argentina 11.0%, China 10.0%, Zimbabwe 3.1%, other 3.3% and the USA 2.6%.

According to the World Economic Forum in January 2023 the largest producers of lithium are: #1 Australia 52%, #2 Chile 25%, #3 China 13%, #4 Argentina 6%, #5 Brazil 1%, #6 Zimbabwe 1%, #7 Portugal 1%, #8 The United States 1% and lastly the rest of the world with 0.1%

Lithium Funding Islamic Terrorists

In a July 21, 2023 FrontPage article titled “‘Green Energy’ Will Be Powered by Taliban Lithium” Daniel Greenfield reports,

One of the sales pitches for electric cars and assorted green energy projects was that we’d at least be able to unplug from Middle Eastern oil. But instead, we’ve become dependent on the Saudis anyway (the Saudis own 5% of Tesla) and, more crucially on China which sells us the junk solar panels and the rare earth metals (obtained through incredibly dirty mining processes that have devastated lakes and poisoned entire villages) to power the ‘clean’ revolution of ‘green energy’. Now, topping all that, since the United States failed to develop the lithium mines in Afghanistan and since Biden refuses to mine any at home, the Taliban and Communist China will profit from every garbage electric car that the lefties force down our throats in the name of their hoax environmental crisis. Save the planet, fund Islamic terrorism.

CONTINUED

[kritikapatil]

Kick Scooters Market Growing Popularity and Emerging Trends in the Industry

Global Kick Scooters Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Major Players in This Report Include Razor (United States)

Fuzion Scooter (United States)

Xootr LLC (United States)

Decathlon Group (France)

Globber Scooters (Singapore)

HUDORA GmbH (Germany)

Exooter Scooter (United States)

AGDA NSW (Australia)

Ancheer (United States)

Schwinn Bicycle Company (United States) Kick scooter is a vehicle for transportation that involves standing on a skateboard-like deck, gripping the handlebars and swinging leg in a kicking motion in order to propel yourself forward. The most common kick scooters have two hard small wheels, which made from aluminum and can be folded. Some kick scooters are made for children having 3 to 4 wheels and made from plastic which, cannot be folded. Market Drivers Easy To Handle

Rising Health Consciousness among the People

Market Trend Demand for Electric Kick Scooters worldwide

Opportunities Rising Demand from Developed and Developing Countries

Challenges Challenge to Tackle Different Road Surfaces

The Kick Scooters market study is being classified by Type (Two-Wheel Kick Scooter, Three and More Wheels Kick Scooter, Electric Kick Scooter), Application (Adults, Kids), Distribution Chanel (Online, Offline)

Presented By

AMA Research & Media LLP

[sanemyamen]

Automated Parcel Delivery Terminals Market is set for a Potential Growth Worldwide: Excellent Technology Trends with Business Analysis

Automated Parcel Delivery Terminals Market Comprehensive Study is an expert and top to bottom investigation on the momentum condition of the Global Automated Parcel Delivery Terminals industry with an attention on the Global market. The report gives key insights available status of the Global Automated Parcel Delivery Terminals producers and is an important wellspring of direction and course for organizations and people keen on the business. By and large, the report gives an inside and out understanding of 2021-2027 worldwide Automated Parcel Delivery Terminals Market covering extremely significant parameters. Some key Players in This Report Include Smartbox Ecommerce Solutions Pvt. Ltd. (India),Cleveron Ltd. (Estonia),InPost (Poland),KEBA AG (Austria),Neopost Group (United States),Bell and Howell, LLC. (United States),Winnsen Industry Co., Ltd. (China),ByBox Holdings Ltd. (United States),ENGY Company, and TZ Ltd. (France),TZ Limited (United States)

Automated parcel delivery terminals are computer-controlled delivery solutions which are furnished with several storage units to stock parcels.  It is a substitute delivery solution as it supports in reducing the expenditure which is gained in logistic chain. The automated parcel delivery terminals also help in good organisation in deliveries and generating new prospects. It supports logistics and sellers to cut down losses incurred while last minute delivery failure. These terminals are equipped with POS equipment which helps in cash on delivery via cards. Market Trends: Increase in Demand for Autonomous and Electric Vehicle for Parcel Delivery

Market Drivers: Growing Adoption of Innovative Distribution Channel

Growing E commerce Industry is Fuelling the Market

Market Challenges: Susceptibility to Burglary May Hamper the Market

Market Opportunities: Increased R&D in Applications of Advanced Systems

Growing Cross Border Deliveries

The Global Automated Parcel Delivery Terminals Market segments and Market Data Break Down by Type (Indoor terminal, Outdoor terminal), End users (Logistics & shipping, Retail, Government organisations, Others) Presented By

AMA Research & Media LLP

[techsciresearch]

United States Solid Waste Management Vehicle Market Size, Growth & Trends 2026

Surge in demand of robotic Solid Waste Management Vehicle in the country is driving the growth of United States Solid Waste Management Vehicle Market, in the forecast period.

United States solid waste management vehicle market are anticipated to show a robust growth in the upcoming five years, 2022-2027. The market growth can be attributed to the rising demand of management of solid waste generated in the country. Moreover, the government funded awareness drives and schemes have created enough concerns among the general population about the rapidly degrading environmental health. The concerns are driving the surge in the demand of vehicles that can easily and comfortably transport the waste from each nook and corner of the country to the degradation sites where proper waste management process can be carried out. Daily generation of the solid waste is too high in the country. According to EPA, a common American in a day can produce about 5.5 to 6 pounds of trash. Environmental Protection Agency of United States (US EPA) is the governing body that handles and regulates the solid waste management in all the states. EPA promotes and encourages the processes of solid waste management by source reduction, recycling, composting, landfills, energy recovery from waste, and managing the transfer stations.

According to TechSci report on, “United States Solid Waste Management Vehicle Market By Vehicle Type (Auto Tipper or Hopper Tipper, Garbage Compactor Truck, Dumper Placer, Earth Moving Equipment) By Region, Competition Forecast & Opportunities, 2026”, United States solid waste management vehicle market is anticipated to show a robust growth in the forecast period 2022-2026 with an impressive CAGR on the account of rising demand of better and convenient transportation system of the solid waste management as well as the surge in the demand of the better management of the solid waste that is being produced daily in the country. Moreover, exponential rate of expansion of industrial activities and inappropriate methods of waste management are expected to boost the growth of the United States solid waste management vehicle market in the next five years. Due to rapid population growth and urbanization, the solid waste production has increased therefore authorities have been making stricter rules and regulations regarding the solid waste management and industrial wastes, the process involves a major category of vehicles that transports the garbage from door to door and transports it to the solid waste management factories, which is driving the growth of the United States solid waste management vehicles market in the next five years.

According to the U.S. classification of trucks (class 1 to class 9), refuse collection trucks fall under the class 8 category, which is considered a category for heavy trucks. In the U.S., while heavy trucks contribute merely 4% of total vehicles, they are estimated to be responsible for ~30% of vehicle emission and ~26% of fuel usage. Also, demand of electric and hybrid electric vehicles that may help in the solid waste management is increasing. Mostly for the heavy duty trucks which contributes to the hazardous fuel emission. The electric and hybrid vehicles would have great impact on the emissions with their cleaner economics and outsized impact. Thus, the factor is also inclusive in the list of driving factors of the United States solid waste management vehicle market growth in the upcoming five years.

Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "United States Solid Waste Management Vehicle Market"

https://www.techsciresearch.com/report/united-states-solid-waste-management-vehicle-market/7506.html

The United States solid waste management vehicle market is segmented by vehicle type, regional distribution and competitional landscape. Based on vehicle type, the market is further bifurcated into auto tipper or hopper tipper, garbage compactor truck, dumper placer, and earth moving equipment. Auto tipper or hopper tipper are anticipated to hold the largest shares of the market and assert its dominance over other type of the solid waste management vehicle market on grounds of the surge in the demand and requirement to collect the garbage from door to door. Auto tippers are a refuse compactor vehicle, that is mounted with solid waste collection equipment. It is often designed for lifting and unloading the garbage from bins, and small collectors. Garbage compactor trucks are a kind of portable compactors. A compactor body is mounted on a truck along with a container. It is designed to be transported by specially designed Hook Loader Unit, which is driven to the dumping ground/processing plant for discharge of compacted garbage. Dumper placer is a truck that is mounted with hydraulically operated arms and lifting mechanism that collects, lifts, transports, tips, etc.

Holding the largest revenue of the market shares, a partial list of the market players includes Waste Management Inc., Republic Services Inc., Waste Connection Inc., Clean Harbors Inc., Covanta Holding Corporation, US Ecology, Inc, Oshkosh Corporation, Dover corporation, New Way manufacturers, Amalgamations Repco Ltd, among others. The market players are actively involved in the development of the technologically advanced composter vehicles such that the transportation and the solid waste management cost can be reduced. Since the government has acute responsibility in the sector, the venturing capital and other financial sustenance is not an issue and supports the further growth of the market in the upcoming five years.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7506

Customers can also request for 10% free customization on this report.

“Solid waste management vehicles with the technological advancements are capable to automatically lift, and tip over the garbage containers to collect the garbage. More advancements may include features like recycling of garbage and separating the non-recyclable from the recyclable waste. Market players must attenuate themselves with the government policies and governmental norms for the future settlement of the market. Since the waste management companies often have their own trucks and compost vehicles; solid waste management vehicle manufactures must collaborate with the management companies and supply the demands,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Press release : https://www.techsciresearch.com/news/5963-united-states-solid-waste-management-vehicle-market-to-grow-with-an-impressive-cagr-until-2026.html

“United States Solid Waste Management Vehicle Market By Vehicle Type (Auto Tipper or Hopper Tipper, Garbage Compactor Truck, Dumper Placer, Earth Moving Equipment) By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of United States solid waste management vehicle market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States solid waste management vehicle market.

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[constructioandchemicalblog]

Engineering Plastic Market Trends, Key Players, DROT, Analysis & Forecast Till 2030

Engineering plastics are a group of plastic materials such as polystyrene, PVC, polypropylene and polyethylene, and others. These materials have superior properties such as higher impact strength, high abrasion, wear, and fatigue resistance. It has better mechanical and thermal properties. Engineering Plastics are expensive and are manufactured for special purpose applications only. These are usually thermoplastic materials. Hence these materials can be easily processed with conventional plastic processing machinery.

According to a recent study report published by the Market Research Future, the global market for engineering plastic is booming and expected to gain prominence over the forecast period. The Global Engineering Plastic Market is projected to be worth USD 115.10 Billion by 2030, registering a CAGR of 7.2% during the forecast period (2021 - 2030).

High growth in the automotive industry is the major factor driving the growth of the market. It has slightly similar properties to metals and is lightweight. Hence, these materials have been largely substituting some metal components in auto as well as industrial machinery and help in weight reduction. Additionally, the high demand for electronics and electrical appliances among the consumers also fuelling the growth of the market. However, higher costs, fluctuating prices of crude oil, and regulatory challenges regarding CO2 emissions are some factors that may hamper the growth of the market.

Market Segmentation:

The Global Engineering Plastic Market is segmented in MRFR’s report on the basis of Product, Application, and Region.

By Product, the market is segmented into polyamide, acrylonitrile butadiene styrene (ABS), thermoplastics, polyesters, polycarbonates, and others. Among these, the ABS segment accounts for the largest share on the basis of product due to the high demand for it. ABS is in high demand as it has properties such as chemical resistance, high-temperature resistance, mechanical potency, and several others.

Applications of Engineering Plastics are found in construction, electrical & electronics, automotive, consumer goods, and others. The automotive segment is the largest consumer of Engineering Plastic as they have extensive applications in the automotive industry. Used for the production of lighting components, connectors, and other automotive parts, Engineering Plastics is expected to witness increased demand from this segment due to the increasing demand for personal transportation vehicles.

Regional Segmentation divides the global market into North America, Europe, Asia Pacific, and the Rest of the World.

Global Key Players and Competition Analysis

The key players in the engineering plastic market are BASF SE (Germany), Covestro (Germany), Solvay S. A. (Belgium), Celanese Corporation (U.S.), E. I. du Pont de Nemours and Company (U.S.), LG Chem Ltd. (South Korea), Saudi Basic Industries Corporation (Saudi Arabia), Evonik Industries AG (Germany), Lanxess AG (Germany), and Mitsubishi

Browse the market data and information spread across 111 pages with 27 data tables and 15 figures in the report “Engineering Plastic Market Research Report - Global Forecast to 2030” in-depth alongside a table of content (TOC) at: https://www.marketresearchfuture.com/reports/engineering-plastic-market-2161

Contact us:

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[tushar38]

Low-Carbon Propulsion Market: Key Technologies Driving Innovation

Introduction to Low-Carbon Propulsion Market

 The Low-Carbon Propulsion Market is at the forefront of global efforts to reduce greenhouse gas emissions in transportation. As industries, governments, and consumers prioritize sustainability, this market is seeing rapid expansion driven by electric, hybrid, hydrogen, and alternative fuel technologies. Innovations in battery storage, electrification, and the infrastructure for sustainable energy sources are reshaping the future of transport. Increased government regulations and carbon reduction goals across various sectors further bolster market demand, positioning it as a key player in the green energy transition.

The Low-Carbon Propulsion Market is Valued USD XX billion in 2022 and projected to reach USD XX billion by 2030, growing at a CAGR of 21.4% During the Forecast period of 2024-2032.  It encompasses technologies such as electric vehicles (EVs), hydrogen fuel cells, biofuels, and hybrid propulsion systems. Driven by global environmental policies, this market seeks to reduce the carbon footprint associated with conventional transportation methods, particularly in sectors like automotive, aviation, and maritime industries. Ongoing advancements in battery technology and fuel efficiency are central to the market's expansion.

Access Full Report :https://www.marketdigits.com/checkout/177?lic=s

Major Classifications are as follows:

Low-Carbon Propulsion Market, By Fuel Type

Compressed Natural Gas (CNG)

Liquefied Natural Gas (LNG)

Ethanol

Hydrogen

Electric

Low-Carbon Propulsion Market, By Mode

Rail

Road

Low-Carbon Propulsion Market, By Vehicle Type

Heavy-Duty

Light-Duty

Low-Carbon Propulsion Market, By Rail Application

Passenger

Freight

Low-Carbon Propulsion Market, By Electric Vehicle

Electric Passenger Car

Electric Bus

Electric Two-Wheeler

Electric Off-Highway

Key Region/Countries are Classified as Follows:

◘ North America (United States, Canada,) ◘ Latin America (Brazil, Mexico, Argentina,) ◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) ◘ Europe (UK,Germany,France,Italy,Spain,Russia,) ◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South

Key Players of Black Alkaline Water Market

Tesla (US), BYD (China), Nissan (Japan), Yutong (China), Proterra (US), Alstom (France), Bombardier (Canada), BYD Auto Co. (China), Honda Motor Co., Ltd (Japan), Hyundai Motor Company (South Korea), MAN SE (Germany), Nissan Motor Company, Ltd (Japan), Siemens Energy (Germany), Toyota Motor Corporation (Japan) & others.

Market Drivers in Low-Carbon Propulsion Market

Government Regulations: Stringent carbon emission standards and the push for decarbonization across industries.

Technological Advancements: Breakthroughs in battery storage, electrification, and hydrogen propulsion technologies.

Rising Fuel Prices: The increasing costs of fossil fuels encourage the shift towards more efficient, low-carbon alternatives.

Market Challenges in Low-Carbon Propulsion Market

High Initial Costs: Upfront costs for low-carbon propulsion technologies, such as electric vehicles and hydrogen fuel cells, are still high.

Infrastructure Deficiencies: Insufficient charging and refueling stations for alternative fuel vehicles limit their adoption.

Technology Limitations: While improving, battery storage capacity, charging times, and range continue to pose challenges for electric vehicles.

Market Opportunities in Low-Carbon Propulsion Market

Innovation in Battery Technology: Advancements in solid-state batteries and fast-charging technologies can significantly enhance the market.

Expansion in Emerging Markets: Developing regions, especially in Asia and Africa, present vast untapped potential for low-carbon transportation.

Renewable Energy Integration: Combining low-carbon propulsion systems with renewable energy sources such as wind and solar can further reduce emissions.

Conclusion

The Low-Carbon Propulsion Market is poised for substantial growth as global efforts to combat climate change intensify. While challenges like infrastructure deficits and high upfront costs exist, technological advancements and policy support are driving the transition. The shift towards sustainable transportation is not only necessary for environmental protection but also offers considerable economic opportunities for industries willing to innovate. As consumer preferences evolve and government policies become more stringent, the market's expansion will continue to accelerate in the coming years.

[tamanna31]

Industry Outlook of Fuel Cell Market 2023 Trends to 2030

Fuel Cell Industry Overview

The global fuel cell market size was estimated at USD 7.35 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 27.1% from 2024 to 2030. Increasing demand for unconventional energy sources is one of the key factors driving the growth. Growing private-public partnerships and reduced environmental impact are expected to propel the demand. Governments across the globe are anticipated to supplement the developments by offering support in different forms, including funding R&D activities and funding suitable financing programs. Building a robust regulatory framework is vital as government enterprises need to provide an environment that is favorable for investment.

Gather more insights about the market drivers, restrains and growth of the Fuel Cell Market

Most of the U.S. states, such as California and New York, have set mandates to limit the carbon emissions from commercial and industrial end users in the country. This has resulted in end users opting for clean energy technologies to comply with the mandate and limit their carbon footprint. Bloom Energy, one of the major fuel cell vendors in the U.S., provides its bloom energy servers for power generation application to aid commercial and industrial end users limit their carbon footprint.

For instance, in September 2023, FuelCell Energy, Inc. and Toyota Motor North America announced the completion of Tri-gen system at Toyota's Port of Long Beach operations. Tri-gen is an example of FuelCell Energy's ability to scale hydrogen-powered fuel cell technology. Such innovative ideas is expected to foster the demand of fuel cell market over forecast period.

Fuel cell market is a rapidly growing sector with a wide range of potential opportunities. The technology is constantly improving, with new materials and designs leading to increased efficiency and performance. This is making fuel cells more attractive for a wider range of applications. Transportation sector is one of the largest markets for fuel cells. Fuel cell electric vehicle (FCEVs) offer several advantages over battery-electric vehicles (BEVs), such as longer range and faster refueling times. As the cost of FCEVs comes down and the hydrogen infrastructure grows, the market for fuel cell vehicles is expected to boom. Companies operating in the market continuously launch new products in order to pace up with the growing fuel cell technology. For instance, in January 2024, Nikola Corporation launched 42 and wholesaled 35 Class 8 Nikola hydrogen-powered fuel cell electric vehicles (FCEVs) under HYLA brand for U.S. and Canada customers. The trucks are featured to run with a range of 500 miles with an estimated fueling time as low as 20 minutes.

Browse through Grand View Research's Power Generation & Storage Industry Research Reports.

• The global battery market size was estimated at USD 118.20 billion in 2023 and is projected to grow at a CAGR of 16.1% from 2024 to 2030. The market is experiencing rapid growth, driven primarily by the increasing adoption of electric vehicles (EVs) and the expansion of renewable energy infrastructure.

• The global refrigerant market size was estimated at USD 14.26 billion in 2023 and is projected to grow at a CAGR of 4.7% from 2024 to 2030.The industry is experiencing growth due to increased demand from various end-use sectors, particularly the commercial & industrial refrigeration industry.

Fuel Cell Market Segmentation

Grand View Research has segmented the global fuel cell market report based on product, components, fuel, size, application, and end-use, and region:

Fuel Cell Product Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030) • PEMFC • PAFC • SOFC • MCFC • AFC • Others

Fuel Cell Components Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030) • Stack • Balance of Plant

Fuel Cell Fuel Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030) • Hydrogen • Ammonia • Methanol • Ethanol • Hydrocarbon

Fuel Cell Size Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030) • Small-scale • Large-scale

Fuel Cell Application Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030) • Stationary • Transportation • Portable

Fuel Cell End-use Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030) • Residential • Commercial & Industrial • Transportation • Data Centers • Military & Defense • Utilities & Government

Fuel Cell Regional Outlook (Volume, Units; Capacity, MW, Revenue, USD Million, 2018 - 2030) • North America o US o Canada o Mexico • Europe o Germany o France o UK o Italy o Spain • Asia Pacific o China o Japan o South Korea o India o Taiwan o Australia • Central & South America o Brazil o Argentina • Middle East & Africa o Saudi Arabia o UAE o South Africa

Order a free sample PDF of the Fuel Cell Market Intelligence Study, published by Grand View Research.

Key Companies profiled:

• Ballard Power Systems • Bloom Energy • Ceres Power Holdings PLC • Doosan Fuel Cell America, Inc. • FuelCell Energy, Inc. • Hydrogenics Corporation • Nedstack Fuel Cell Technology B.V. • Nuvera Fuel Cells LLC • Plug Power, Inc. • SFC Energy AG

Key Fuel Cell Company Insights

• In November 2023, Honda in association with General Motors displayed a prototype of its next-generation hydrogen fuel cell system at European Hydrogen Week in Brussels. The company is planning to expand its portfolio in fuel cell technology. • In December 2023, General Motors and Komatsu announced to develop a hydrogen fuel cell power module for the Japanese construction machinery maker's 930E electric drive mining truck. • In January 2023, Cochin Shipyard Limited initiated research activities for the development of a hydrogen-fueled electric vessel based on low-temperature proton exchange membrane technology. • In January 2023, Advent Technologies collaborated with Alfa laval to explore the application of high-temperature proton exchange membrane fuel cells in marine applications.

[giresearchstory]

2024-2030: Air Conditioning Compressor for New Energy Vehicle Market Trend And Analysis

On 2024-9-24 Global Info Research released【Global Air Conditioning Compressor for New Energy Vehicle Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030】. This report includes an overview of the development of the Air Conditioning Compressor for New Energy Vehicle industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Air Conditioning Compressor for New Energy Vehicle. The air-conditioning compressor for new energy vehicles is a key component designed specifically for electric vehicles and other new energy vehicles. It is the power source of the vehicle's air-conditioning refrigeration system and promotes the circulation of refrigerant in the system.

The global Air Conditioning Compressor for New Energy Vehicle market size is expected to reach $ million by 2030, rising at a market growth of %CAGR during the forecast period (2024-2030). This report studies the global Air Conditioning Compressor for New Energy Vehicle production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Air Conditioning Compressor for New Energy Vehicle and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Air Conditioning Compressor for New Energy Vehicle that contribute to its increasing demand across many markets. Market segment by Type： ＜34cc、34-45cc、＞45cc Market segment by Application：Passenger Car、Commercial Vehicle Major players covered： Toyota Industries、Hanon Systems、Valeo、MAHLE、Sanden、Brose、Denso、Highly Marelli、Aotecar、Suzhou Zhongcheng New Energy、Shanghai Highly、Zhengzhou Yuebo New Energy、Welling Auto Parts、Shanghai Velle Automobile Air Conditioner、Songz Automobile Air Conditioning、Panasonic Corporation、Mitsubishi、Huaqiang Electric

Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa). The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Air Conditioning Compressor for New Energy Vehicle product scope, market overview, market estimation caveats and base year. Chapter 2, to profile the top manufacturers of Air Conditioning Compressor for New Energy Vehicle, with price, sales, revenue and global market share of Air Conditioning Compressor for New Energy Vehicle from 2019 to 2024. Chapter 3, the Air Conditioning Compressor for New Energy Vehicle competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Air Conditioning Compressor for New Energy Vehicle breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030. Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030. Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Air Conditioning Compressor for New Energy Vehicle market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030. Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis. Chapter 13, the key raw materials and key suppliers, and industry chain of Air Conditioning Compressor for New Energy Vehicle. Chapter 14 and 15, to describe Air Conditioning Compressor for New Energy Vehicle sales channel, distributors, customers, research findings and conclusion.

Data Sources:

Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.

Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.

Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;

Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.

From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.

Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.

Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.

[umadeochake]

Automotive Plastics Market Size: Regional Outlook and Analysis 2024-2036

Research Nester published a report titled “Automotive Plastics Market: Global Demand Analysis & Opportunity Outlook 2036” which delivers detailed overview of the global automotive plastics market in terms of market segmentation by product, application, process, vehicle type and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global automotive plastics market is anticipated to grow with a CAGR of ~5% during the forecast period, i.e. 2023-2033. The market is segmented by vehicle type into conventional cars and electric cars. Out of these, the conventional cars segment is anticipated to garner the highest market share by 2033, owing to rising demand of passenger cars around the world.  vehicles by the burgeoning population. International Organization of Motor Vehicle Manufacturers (OICA) revealed the sales of global passenger vehicles to be 53 million in 2020.

Request Free Sample Copy of this Report @ https://www.researchnester.com/sample-request-4501

The global automotive plastics market is estimated to garner a noteworthy revenue by the end of 2033. The global automotive plastics market is projected to showcase growth in the coming years, on account of the increasing demand for automobile furnishings, such as light panels & displays. Additionally, manufacturers across the world are shifting from heavy metals to lightweight plastics for vehicle interiors, in order to reduce the overall weight of vehicles, which would further help increase fuel efficiency. Thus, the expansion of automotive industry is expected to bolster the sales of automotive plastics in the forecast period.

Geographically, the global automotive plastics market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific region is estimate to garner the largest market share by the end of 2033, on the back of increased sales and production of vehicles. International Organization of Motor Vehicles, stated that the total production of vehicles in the region was 46,732,785 units in 2021, a rise from 44,276,549 units in 2020.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Request for customization @ https://www.researchnester.com/customized-reports-4501

Rise in Demand and Sales of Automobiles to Drive the Market Growth

In the recent years, there has been rapid developments in vehicle designing, which is expected to led a significantly high demand for automotive plastics. Moreover, growing preference towards aesthetically appealing vehicle interiors are encouraging automotive manufacturers to adopt these polymers in vehicles. Additionally, the usage of polymer materials such as polypropylene, polyurethane, and polyvinyl chloride helps in reducing the overall weight of the vehicle, which, in turn, improves the fuel efficiency as well. Thus, an increase in production rate of automobiles is expected to drive the market growth.

However, the high cost of capital and infrastructure along with the increasing concerns regarding plastic recyclability and rising governmental policies regarding pollutants emission by vehicles is expected to operate as key restraint to the growth of the global automotive plastics market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global automotive plastics market which includes company profiling of Arkema, BASF, Saudi Basic Industries Corporation, LyondellBasell Industries N.V., LG Chem, DuPont de Nemours, Inc., Covestro AG, Evonik Industries AG, Solvay Group, Borealis AG, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive plastics market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

Access our detailed report @

https://www.researchnester.com/reports/automotive-plastics-market/4501

About Research Nester-

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

Contact for more Info:

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Email: info@researchnester.com

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US to propose ban on Chinese software, hardware in connected vehicles, sources say (voanews.com)

US to propose ban on Chinese software, hardware in connected vehicles, sources say

September 22, 2024 4:16 PM

By Reuters

 Print

Washington — 

The U.S. Commerce Department is expected on Monday to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on American roads due to national security concerns, two sources told Reuters.

The Biden administration has raised serious concerns about the collection of data by Chinese companies on U.S. drivers and infrastructure as well as the potential foreign manipulation of vehicles connected to the internet and navigation systems.

The proposed regulation would ban the import and sale of vehicles from China with key communications or automated driving system software or hardware, said the two sources, who declined to be identified because the decision had not been publicly disclosed.

The move is a significant escalation in the United States' ongoing restrictions on Chinese vehicles, software and components. Last week, the Biden administration locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles as well as new hikes on EV batteries and key minerals.

Commerce Secretary Gina Raimondo said in May the risks of Chinese software or hardware in connected U.S. vehicles were significant.

"You can imagine the most catastrophic outcome theoretically if you had a couple million cars on the road and the software were disabled," she said.

President Joe Biden in February ordered an investigation into whether Chinese vehicle imports pose national security risks over connected-car technology -- and if that software and hardware should be banned in all vehicles on U.S. roads.

"China's policies could flood our market with its vehicles, posing risks to our national security," Biden said earlier. "I’m not going to let that happen on my watch."

The Commerce Department plans to give the public 30 days to comment before any finalization of the rules, the sources said. Nearly all newer vehicles on U.S. roads are considered "connected." Such vehicles have onboard network hardware that allows internet access, allowing them to share data with devices both inside and outside the vehicle.

The department also plans to propose making the prohibitions on software effective in the 2027 model year and the ban on hardware would take effect in January 2029 or the 2030 model year. The prohibitions in question would include vehicles with certain Bluetooth, satellite and wireless features as well as highly autonomous vehicles that could operate without a driver behind the wheel.

A bipartisan group of U.S. lawmakers in November raised alarm about Chinese auto and tech companies collecting and handling sensitive data while testing autonomous vehicles in the United States.

The prohibitions would extend to other foreign U.S. adversaries, including Russia, the sources said.

A trade group representing major automakers including General Motors, Toyota Motor, Volkswagen, Hyundai and others had warned that changing hardware and software would take time.

The carmakers noted their systems "undergo extensive pre-production engineering, testing, and validation processes and, in general, cannot be easily swapped with systems or components from a different supplier."

The Commerce Department declined to comment on Saturday. Reuters first reported, in early August, details of a plan that would have the effect of barring the testing of autonomous vehicles by Chinese automakers on U.S. roads. There are relatively few Chinese-made light-duty vehicles imported into the United States.

The White House on Thursday signed off on the final proposal, according to a government website. The rule is aimed at ensuring the security of the supply chain for U.S. connected vehicles. It will apply to all vehicles on U.S. roads, but not for agriculture or mining vehicles, the sources said.

Biden noted that most cars are connected like smartphones on wheels, linked to phones, navigation systems, critical infrastructure and to the companies that made them.

ReutersReuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe. Subscribe

[blueweave]

electric scooter and motorcycle market size to zoom at an impressive CAGR of 35% during the forecast period between 2022 and 2028. Global electric scooter and motorcycle market will advance due to growing consumer awareness of air pollution caused by emissions from fossil-fueled vehicles and strong demand for low-noise transportation options. Increased government spending to encourage the use of EVs is expected to increase demand for electric motorcycles and scooters. The government's subsidies, grants, and tax breaks on the purchase of electric two-wheelers will provide new market opportunities for manufacturers to increase their output. The popularity of electric motorcycles and scooters is largely attributed to their low operating and maintenance costs. Consumers are being compelled to switch to battery-powered electric motorcycles and scooters because of rising fuel prices. As electric motorcycles and scooters have fewer moving parts than two-wheelers powered by gasoline or diesel, they require less maintenance.

Global Electric Scooter and Motorcycle Market – Overview

Two-wheeled electric motorcycles and scooters are propelled by rechargeable batteries. They are used for last-mile deliveries as well as daily commuting. Additionally, electric motorcycles and scooters for cruising and racing are produced. Instead of a gasoline or diesel engine, electric motors are used to power two-wheeler motorcycles. The motor is powered by a rechargeable battery. The most recent electric motorcycles and scooters in 2022 offer plug-in charging options, in contrast to earlier vehicles that required charging after removing the battery. The transportation sector is structurally changing because of vehicle electrification. Electric moped motorcycles use a battery (typically a lithium-ion battery) and a DC motor to ensure adequate power transmission.

The market for electric motorcycles is expanding as electric vehicle adoption increases and disposable income rises. Governments all over the world are providing subsidies to increase the demand for electric motorcycles and scooters. A rise in the use of electric vehicles is also being attributed to the implementation of strict regulations meant to reduce pollution and vehicle emissions. When gasoline or diesel are burned in an internal combustion (IC) engine, carbon dioxide is produced as a byproduct, which causes air pollution. To reduce environmental pollution, governments are enacting several regulations and encouraging manufacturers and consumers to adopt electric vehicles. Using cutting-edge manufacturing and processing technologies, the United States, China, France, and Germany seek to lower vehicle emission levels.

Sample Report @ https://www.blueweaveconsulting.com/report/electric-scooter-and-motorcycle-market/report-sample