North America, Europe and China Lead Vehicle-to-Everything Adoption as OEMs Partner with Mobile Network Operators

North American sales are estimated to reach US$1.12 billion by 2025, says Frost & Sullivan

SANTA CLARA, Calif., Oct. 15, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Strategic Analysis of the Global Vehicle-to-Everything (V2X) Market, Forecast to 2025, finds that V2X sales across the globe are projected to rise. In North America, sales are estimated to reach US$1.12…

North American sales are estimated to reach US$1.12 billion by 2025, says Frost & Sullivan

SANTA CLARA, Calif., Oct. 15, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Strategic Analysis of the Global Vehicle-to-Everything (V2X) Market, Forecast to 2025, finds that V2X sales across the globe are projected to rise. In North America, sales are estimated to reach US$1.12 billion by 2025, while Europe and China are forecasted to reach US$3.29 billion and US$6.27 billion, respectively. Most regions prefer cellular vehicle-to-everything (C-V2X) over dedicated short-range communication (DSRC) because the technology will see a commercial launch in 2021 with cellular LTE-based network access as 5G is not yet fully implemented.

For further information on this analysis, please visit: http://frost.ly/4hh

«Although the industry is mature in terms of technology, implementation is in the nascent stage. V2X is gradually gaining momentum across the globe as it offers benefits such as reduced accidents, improved road safety, better traffic management, and co-ordination for autonomous vehicles,» said Suhas Gurumurthy, Automotive & Transportation Research Analyst at Frost & Sullivan. «Currently, C-V2X emerges as the preferred option based on the natural progression of connected cars under current OEM strategies. It helps cut investment costs by utilizing existing infrastructure, while DSRC has matured over the last decade through trials on 802.11p, which has been proving its efficiency. The new 802.11bd can also tackle new challenges and makes DSRC a strong contender in this market.»

Gurumurthy added: «V2X adoption in North America is largely driven by original equipment manufacturers (OEMs), mobile network operators (MNOs), and the 5G Automotive Association (5GAA). Meanwhile, Europe will witness a smooth implementation of V2X on vehicles with a conductive, if not a completely functioning, regulatory framework. In China, on the other hand, revenue will begin for automakers once the 5G infrastructure in the country is implemented and V2X adoption strengthens.»

V2X ecosystem participants with an opportunity to tap into potential revenue streams from data platforms should:

  • Partner with MNOs to utilize 5G technology to bring V2X to the masses as the market prepares to shift from 4G to 5G.
  • Collaborate with governments, startups, and private participants to leverage each other’s strengths and develop mutually beneficial strategies, resulting in better data infrastructure and support against cyber threats.
  • Explore other convenience and comfort-related applications, such as traffic or weather information and electronic tolling collection services, beyond vehicle safety and traffic management to create additional revenue streams from the technology.
  • Target fleets and produce hybrid modules to cater to larger and diversified market segments, expanding the application of V2X in the market and widening the revenue source.

Strategic Analysis of the Global Vehicle-to-Everything (V2X) Market, Forecast to 2025 is the latest addition to Frost & Sullivan’s Automotive & Transportation research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Strategic Analysis of the Global Vehicle-to-Everything (V2X) Market, Forecast to 2025

ME50

Contact: 
Zuzana Zukarnain  
Corporate Communications 
Phone: +60192657808                               
Email: zuzana.zukarnain@frost.com

http://www.frost.com

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/north-america-europe-and-china-lead-vehicle-to-everything-adoption-as-oems-partner-with-mobile-network-operators-301153148.html

SOURCE Frost & Sullivan

North America, Europe and China Lead Vehicle-to-Everything Adoption as OEMs Partner with Mobile Network Operators

North American sales are estimated to reach US$1.12 billion by 2025, says Frost & Sullivan

SANTA CLARA, California, Oct. 15, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Strategic Analysis of the Global Vehicle-to-Everything (V2X) Market, Forecast to 2025, finds that V2X sales across the globe are projected to rise. In North America, sales are estimated to reach <span…

North American sales are estimated to reach US$1.12 billion by 2025, says Frost & Sullivan

SANTA CLARA, California, Oct. 15, 2020 /PRNewswire/ — Frost & Sullivan’s recent analysis, Strategic Analysis of the Global Vehicle-to-Everything (V2X) Market, Forecast to 2025, finds that V2X sales across the globe are projected to rise. In North America, sales are estimated to reach US$1.12 billion by 2025, while Europe and China are forecasted to reach US$3.29 billion and US$6.27 billion, respectively. Most regions prefer cellular vehicle-to-everything (C-V2X) over dedicated short-range communication (DSRC) because the technology will see a commercial launch in 2021 with cellular LTE-based network access as 5G is not yet fully implemented.

Photo – https://mma.prnewswire.com/media/1313407/Global_V2X_market.jpg

For further information on this analysis, please visit: http://frost.ly/4hh

«Although the industry is mature in terms of technology, implementation is in the nascent stage. V2X is gradually gaining momentum across the globe as it offers benefits such as reduced accidents, improved road safety, better traffic management, and co-ordination for autonomous vehicles,» said Suhas Gurumurthy, Automotive & Transportation Research Analyst at Frost & Sullivan. «Currently, C-V2X emerges as the preferred option based on the natural progression of connected cars under current OEM strategies. It helps cut investment costs by utilizing existing infrastructure, while DSRC has matured over the last decade through trials on 802.11p, which has been proving its efficiency. The new 802.11bd can also tackle new challenges and makes DSRC a strong contender in this market.»

Gurumurthy added: «V2X adoption in North America is largely driven by original equipment manufacturers (OEMs), mobile network operators (MNOs), and the 5G Automotive Association (5GAA). Meanwhile, Europe will witness a smooth implementation of V2X on vehicles with a conductive, if not a completely functioning, regulatory framework. In China, on the other hand, revenue will begin for automakers once the 5G infrastructure in the country is implemented and V2X adoption strengthens.»

V2X ecosystem participants with an opportunity to tap into potential revenue streams from data platforms should:

  • Partner with MNOs to utilize 5G technology to bring V2X to the masses as the market prepares to shift from 4G to 5G.
  • Collaborate with governments, startups, and private participants to leverage each other’s strengths and develop mutually beneficial strategies, resulting in better data infrastructure and support against cyber threats.
  • Explore other convenience and comfort-related applications, such as traffic or weather information and electronic tolling collection services, beyond vehicle safety and traffic management to create additional revenue streams from the technology.
  • Target fleets and produce hybrid modules to cater to larger and diversified market segments, expanding the application of V2X in the market and widening the revenue source.

Strategic Analysis of the Global Vehicle-to-Everything (V2X) Market, Forecast to 2025 is the latest addition to Frost & Sullivan’s Automotive & Transportation research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Strategic Analysis of the Global Vehicle-to-Everything (V2X) Market, Forecast to 2025

ME50

Contact: 
Zuzana Zukarnain  
Corporate Communications 
Phone: +60192657808                               
Email: zuzana.zukarnain@frost.com

http://www.frost.com

EVgo Triples Fast Charging Network Through The Drive Electric Virginia Program

LOS ANGELES, Oct. 15, 2020 /PRNewswire/ — EVgo, the nation’s largest and 100% renewable public fast charging network for electric vehicles (EVs), today announced they have tripled the number of EV public fast chargers across Virginia’s statewide network. The company has completed Cycle One of the fast charger deployment plan for the Virginia Department of Environmental Quality.

LOS ANGELES, Oct. 15, 2020 /PRNewswire/ — EVgo, the nation’s largest and 100% renewable public fast charging network for electric vehicles (EVs), today announced they have tripled the number of EV public fast chargers across Virginia’s statewide network. The company has completed Cycle One of the fast charger deployment plan for the Virginia Department of Environmental Quality.

Last year, EVgo opened its first high-powered public fast charging station under Drive Electric Virginia, the Commonwealth’s Appendix D Volkswagen settlement program. Since September 2019, EVgo has deployed five new chargers each month in Virginia, totaling 24 fast charging site locations and 76 chargers, built under contract with the Department of Environmental Quality. EVgo’s fast charging network now covers the state’s key regions, with stations in Northern Virginia, Charlottesville, Newport News, Norfolk, Richmond and Roanoke.

«The combined efforts of EVgo and VA DEQ are advancing access to fast and convenient EV charging infrastructure,» said Cathy Zoi, CEO of EVgo. «With stations deployed at convenient locations like Federal Realty Investment Trust properties, Sheetz, Wawa, and numerous shopping malls, we look forward to working with existing site hosts and adding new retail partners to our network to meet the growing demand for fast EV charging.»

This growth in public fast chargers builds on the success of EVgo’s existing portfolio of more than 800 station locations across the United States, the most of any U.S. public fast charging network.

The Drive Electric Virginia network will continue to grow over the next 18 months. Forthcoming stations will continue to be located in highly visible, convenient areas including shopping and entertainment centers, as well as convenience stores. EVgo stations feature fast chargers capable of delivering 50-150kW charge rates to meet the variety of new EV models and battery technology coming in the market.

In April 2020, Virginia became the first Southern state to set the goal of being carbon free by 2045 under the Virginia Clean Economy Act. EVgo’s continued commitment to creating a zero-emissions future, will help Virginia embrace and achieve these emission targets.

The Drive Electric Virginia network prioritizes the installation of DC fast chargers along heavily traveled roads and in areas with high current and projected demand for EV charging. The network is designed to complement existing charging stations and other planned charging infrastructure deployments. When the Drive Electric Virginia project is complete, approximately 95% of Virginians will be within 30 miles of an EV charger.

EVgo is the nation’s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. With more than 800 fast charging locations in more than 600 cities across 34 states, EVgo owns and operates the most public fast charging locations in the U.S. and serves more than 200,000 customers. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for all Americans to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet. EVgo’s parent company is LS Power, a New York-headquartered development, investment and operating company focused on leading edge solutions for the North American power and energy infrastructure sector. For more information visit evgo.com and lspower.com.

Media Contact: Emma-Jean Weinstein, evgo@inkhouse.com

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SOURCE EVgo

Sunset Fishermen Will Reopen Its Doors on October 31, 2020

CANCUN, Mexico, Oct. 15, 2020 /PRNewswire-PRWeb/ — After being closed for 7 months, Sunset World Group’s Sunset Fishermen Beach Resort in Playa del Carmen is preparing to open its doors on October 31. The resort is currently preparing with maintenance, cleaning and staff training in COVID-19 protocols, in accordance with the Hygiene, Sanitation and Security Protocol (HSS), for the protection of employees, members and guests.

As recommended by the World Health…

CANCUN, Mexico, Oct. 15, 2020 /PRNewswire-PRWeb/ — After being closed for 7 months, Sunset World Group’s Sunset Fishermen Beach Resort in Playa del Carmen is preparing to open its doors on October 31. The resort is currently preparing with maintenance, cleaning and staff training in COVID-19 protocols, in accordance with the Hygiene, Sanitation and Security Protocol (HSS), for the protection of employees, members and guests.

As recommended by the World Health Organization and the Ministry of Health, staff training includes basic protection instructions including the proper use of personal protective equipment, installation of sterilizers at hotel entrances and sterilization stations throughout the hotel and the use of digital thermometers to detect possible cases. In addition, hotel employees are receiving training on specific protocols for their work area.

Sunset Fishermen has been recognized year after year with the Distinctive H, the highest certification granted by the Secretaries of Tourism and Health to hotels and restaurants that meet the strictest standards of safety and hygiene in food and beverage handling. In addition, it has been awarded with the RCI Gold Crown award every year since its opening in 1999, and this year it received the Excellence in Service award for the fourth time. In addition, in July the resort received the Safe Travels seal from the World Travel and Tourism Council and is in the process of evaluation to obtain the Health Protection and Prevention Certification from the state of Quintana Roo.

«We are very happy about Sunset Fishermen reopening, as requested by our members and guests», commented Lic. Martha Richardson, Sunset World Group’s Corporate Operations Director, «Covid-19 protocols are being implemented and we will welcome our members and guests back safely and enthusiastically,» she added.

Sunset World Group is a family-owned Mexican company and a leader in the hospitality industry, offering authentic and unforgettable vacation experiences in Cancun and the Riviera Maya. It was founded more than 30 years ago and has grown to offer six resorts, world-class travel services, amenities and a diverse network of operational and marketing solutions that focus on providing the best vacation experiences for its Members and guests. From cultural excursions to water sports, the Members of Sunset World are never far from their next great adventure.

 

SOURCE Sunset World

Old Texas Rivals Battle in My Plates Texas License Plate Auction!

AUSTIN, Texas, Oct. 15, 2020 /PRNewswire-PRWeb/ — The University of Texas and Texas A&M University may not compete on the gridiron anymore, but during the My Plates Great Plate Auction they will battle for license plate pride. Two of the fifty plate messages on offer by My Plates are BEEVO and GIGEMM, both can be displayed on their respective school plates. So, will it be the Longhorns or the Aggies who will claim honors with the highest…

AUSTIN, Texas, Oct. 15, 2020 /PRNewswire-PRWeb/ — The University of Texas and Texas A&M University may not compete on the gridiron anymore, but during the My Plates Great Plate Auction they will battle for license plate pride. Two of the fifty plate messages on offer by My Plates are BEEVO and GIGEMM, both can be displayed on their respective school plates. So, will it be the Longhorns or the Aggies who will claim honors with the highest price for their message. Some Texans may recall in 2013 the plate message 12THMAN sold for a Texas record of $115,000. Hard to say if these will approach that level, but it’s a battle worth watching.

Another battle within the auction is between car brands Chevy and Dodge, which marque will claim the highest winning bid? Both CHEVY-1 and DODGE-1 are two of many car related messages up for grabs. Other car related messages include CUSTOM, 911, BOXTER and DEMO.

«With 50 different plate messages available, there’s something for everyone,» said Steve Farrar, President of My Plates.

Unlike other everyday Texas license plates, plate messages sold at auction by My Plates are offered for a 5-year term and are legally transferable. This means the plate owner has the right to pass it on to a family member, or gift to a friend. Transferability also means these plates can be sold, and therefore could make great investments. Any future recipient also gets the same ongoing transfer rights.

All of the plate messages offered in this auction have an opening bid of only $500, with only a few with a reserve beyond that price. Hence, on most plate messages, an opening bid could be the winning bid for that lot if no other bids are received.

«There are a lot of unique, clever, fun and interesting plate messages available, and through the auction, Texans have an opportunity to secure one,» said Steve Farrar.

The My Plates Great Plate Auction will be online-only and may be accessed via http://www.myplates.com/auction. Registering is quick and easy and once completed, you’ll be able to bid on your desired plate message.

Auction Details:

  • Dates: September 14 to October 21, 2020.
  • Online auction accessed via http://www.myplates.com/auction
  • All bidders must be registered to place a bid.
  • People interested in the auction can visit http://www.myplates.com/auction for more information, to register and to view the complete list of plate messages for sale.

Previous Auction Results:

  • 12THMAN sold for $115,000 in September 2013, making it the most expensive plate message in Texas.
  • HOUSTON sold for $25,000 in January 2013.
  • 3 sold for $20,500 in May 2019.
  • 8 sold for $10,500 in November 2018.
  • ALAMO sold for $10,250 in March 2016.
  • 99 sold for $9,000 in April 2018
  • 1969 sold for $5,250 in August 2017.

Why buy at Auction?

  • Opportunity to purchase a truly exclusive plate message from My Plates’ reserve collection.
  • First right of renewal at the state’s everyday pricing, which means you can keep the plate for as long as you choose to renew it.
  • Auction plates are fully transferable. Not only can they be transferred from one vehicle to another, but also person-to-person, such as parent to their children or friend-to-friend. The plate owner also has the right to sell the plate message to another person with the same ongoing rights. As a result, Auction plates could be an excellent investment.
  • Peace of mind, knowing that you’re purchasing your official Texas license plates from My Plates, the authorized specialty plate vendor for the Texas Department of Motor Vehicles.
  • Supports the General Revenue Fund of Texas, which provides services for all Texans.

Texas Great Plate Auction List – 50 LOTS
LOT #    Plate Message
1.    AAAAA
2.    23
3.    PARDNER
4.    TEXA5
5.    YEE HAH
6.    ART
7.    200
8.    GREEN
9.    LUCKY ME
10.    DEVOTED
11.    911
12.    BOXTER
13.    QB
14.     BEEVO
15    GIGEMM
16.    1999
17.    AUS
18.    PURE
19.    24
20.    HOOPS
21.    1 MAVS
22.    1 SPUR
23.    55
24.    UUUU
25.    MARS
26.     1K
27.     TEXIAN
28.    TXUS
29.     AMERICN
30.    LIBERTY
31.    1960
32.    CUSTOM
33.    CHEVY 1
34.    DODGE 1
35.    DEMO
36.    BOSTON
37.    60
38.    TEJAS
39.    NNNNN
40.    EXPLORE
41.    GURU
42.    80
43.    HAN SOLO
44.    AB
45.    EEEE
46.    IGNITE
47.     HELLO
48.    JJJJJJ
49.    TXS
50.    NORTH

My Plates designs and markets new specialty license plates as a vendor for the Texas Department of Motor Vehicles. Texans have bought more than 480,000 My Plates since November 2009, putting more than $95M in the state general revenue fund. My Plates’ goal is to create a long-term, mutually beneficial relationship designed to maximize revenues for the state through the sale of My Plates specialty plates. http://www.myplates.com.

The Texas Department of Motor Vehicles (TxDMV) serves, protects and advances the citizens and industries in the state with quality motor vehicle related services. For every $1 the agency spends, it returns more than $10 in state revenue. These funds are primarily used to build and maintain the state’s roads and bridges. Each year the agency registers almost 24 million vehicles; regulates vehicle dealers; credentials buses and big trucks for intrastate and interstate commerce; issues oversize and overweight permits; and awards grants to law enforcement agencies to reduce vehicle burglaries and thefts. Learn more at http://www.TxDMV.gov.

For more information, contact Steve Farrar at (512) 633-7978 or steve@myplates.com

 

SOURCE My Plates

Yunnan at Your Fingertips Launches Yunnan Tourist Service Card

KUNMING, China, Oct. 15, 2020 /PRNewswire/ — Since October 2020, Yunnan at Your Fingertips Platform has issued Yunnan Tourist Service Card Tourists can use the card directly in «Cards and Offers» in WeChat after collecting the card from Yunnan at Your Fingertips Platform’s official WeChat account. The card is a convenient and comprehensive…

KUNMING, China, Oct. 15, 2020 /PRNewswire/ — Since October 2020, Yunnan at Your Fingertips Platform has issued Yunnan Tourist Service Card Tourists can use the card directly in «Cards and Offers» in WeChat after collecting the card from Yunnan at Your Fingertips Platform’s official WeChat account. The card is a convenient and comprehensive electronic card with four major services: health QR code, scenic area reservations, complaints and returns. This card is intended to create a comprehensive tourist service system in Yunnan that makes tourism more intelligent and humanized. It allows tourists to enjoy healthy, accessible and safe tourist services on their relaxing and carefree journey.

As an intelligent software jointly built by Yunnan Province and Tencent, Yunnan at Your Fingertips Platform has been fulfilling its mission, which is putting technology first, integrating resources, intelligentizing tourism, and creating an authoritative e-tourism platform in Yunnan.

In the context of the pandemic of COVID-19, traveling is more about «Which place is safer» than «Where I want to go». Since tourists are more concerned about their health and safety during their travels, the four main features of Yunnan Tourist Service Card will provide them comprehensive health QR code, scenic spot reservations, complaints during their travels, and returns and refunds.

In the long run, the tourist service card will become a «fast track» for the government to protect the rights and interests of tourists by providing a more accessible «service entrance», showcasing the «new image» of Yunnan tourism, and pooling together governmental guarantee of Yunnan at Your Fingertips Platform. By being one step closer to tourists, Yunnan at Your Fingertips Platform presents the beauty of Yunnan to the world.

The year 2020 marks the third anniversary of Yunnan at Your Fingertips Platform, which brings brand new services and experiences to its users. In the future, the user-oriented platform will build its differentiated service capabilities around five dimensions: indigenization, innovation, preferential policy, authoritativeness and accessibility. With a vision transcending traditional tourism, Yunnan at Your Fingertips Platform aspires to greater success. For more updates and users instructions of Go-Yunnan, please follow us on Facebook: https://www.facebook.com/Go-Yunnan-108450247625235

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SOURCE Go-Yunnan

Insights on Battery Swapping Market for Electric Two and Three Wheeler Industry: P&S Intelligence

NEW YORK, Oct. 15, 2020 /PRNewswire/ — The most important growth driver for the global electric vehicle (EV) battery swapping market for two- and three-wheeler is the expansion of the EV industry. The latter is itself a result of the strong government support in many countries for the adoption of clean-energy transportation. Countries such as China, India, and Japan are notorious for their air…

NEW YORK, Oct. 15, 2020 /PRNewswire/ — The most important growth driver for the global electric vehicle (EV) battery swapping market for two- and three-wheeler is the expansion of the EV industry. The latter is itself a result of the strong government support in many countries for the adoption of clean-energy transportation. Countries such as China, India, and Japan are notorious for their air pollution, which has prompted the government here to offer a variety of benefits to the manufacturers and buyers of EVs, according to the market research report published by P&S Intelligence.

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However, a major restraint in the adoption of EVs is their high costs, which are a result of their expensive batteries. This is ultimately boosting the EV battery swapping market for two- and three-wheeler, as by buying the battery separately, the costs of EVs reduce significantly. Moreover, the electric vehicle supply equipment (EVSE), or charging station infrastructure, is inadequate in most countries. Additionally, charging takes time, from a couple of hours to the entire night, which not everyone on a clock can afford, which further makes battery swapping a preferred option.

Get the sample copy of this report at: https://www.psmarketresearch.com/market-analysis/ev-battery-swapping-two-three-wheeler-market/report-sample

Automotive has been one of the hardest-hit industries during the COVID-19 pandemic, with the sale of vehicles coming to naught in many places. This has caused a great loss to the EV battery swapping market for two- and three-wheeler, as with no EV sales, swapping businesses are witnessing ceased operations. After the pandemic ends and industry picks ups, electric three-wheeler sales are expected to be low, as most people are predicted to opt for private conveyance, which would actually benefit electric two-wheeler sales.

In the past, the subscription model bifurcation held the larger share in the EV battery swapping market for two- and three-wheeler, based on service type. The subscription swapping model allows users to take the EV battery on lease, as well as leads to low swapping expenses and, hence, long-term affordability of EVs.

The Li-ion bifurcation, on the basis of battery type, is projected to witness the higher CAGR in the battery swapping market for electric two and three-wheeler industry in the years to come. Due to their higher energy density, falling prices, and environment-friendly disposal advantages, the use of Li-ion batteries in electric two- and three-wheelers is increasing rapidly. In APAC, Europe, and North America, Li-ion batteries account for 65%, 97%, and 92% of all EV batteries in use, respectively.

Browse report with detailed COVID-19 impact analysis on EV Battery Swapping For Two- and Three-Wheeler Market: By Service Type (Pay-Per-Use Model, Subscription Model), Battery Type (Lead Acid, Li-Ion), Vehicle Type (Two-Wheeler, Three-Wheeler) – Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/ev-battery-swapping-two-three-wheeler-market

In the immediate future, the EV battery swapping market for two- and three-wheeler would continue to be dominated by the two-wheeler bifurcation, under segmentation by vehicle type. Electric two-wheeler manufacturers are focusing strongly on offering consumers a longer driving range, by making the vehicles compatible with the battery swapping technology. Additionally, once the lockdown is lifted, people are expected to prefer private transportation to shared mobility, for a lower risk of infection spread.

APAC has been the largest EV battery swapping market for two- and three-wheeler in the past. The huge sales of EVs in India and China and successful incorporation of the swapping technology in Taiwan have made APAC the industry leader. All these countries have a high population density, and the customer base for two-wheelers is also rather large here, as a significant chunk of the people is middle-class.

Make enquiry about this report @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=ev-battery-swapping-two-three-wheeler-market

The EV battery swapping market for two- and three-wheeler is set to boom considerably in Europe and Rest of the World. While the scooter sharing concept is quite popular in Europe, Africa is witnessing a rapidly increasing preference for the battery swapping model for keeping the EVs running.

Partnerships Paving Way for Companies to Grow in Industry

In the EV battery swapping market for two- and three-wheeler, where the challenges are plenty, owing to its largely unorganized nature, major EV manufacturers, power distribution companies (DISCOMs), government agencies, and battery swapping and charging solution providers are entering into partnerships with each other. The following are some prominent ideas behind such industry growth strategies:

  • Raising funds to develop feasible electric two-wheeler solutions
  • Securing adequate space and consistent electricity supply to carry out EV charging and battery swapping operations
  • Expanding the portfolio of the EV brands the battery swapping services are provided for
  • Getting intelligence on the most feasible areas across cities for setting up swapping stations
  • Installing charging and battery swapping infrastructure at petrol pumps and gas stations

The major players in the global EV battery swapping market for two- and three-wheeler are Amara Raja Batteries Ltd., ACME Cleantech Solutions Pvt. Ltd., BattSwap Inc., Ample, Ola Electric Mobility Pvt. Ltd., Exicom Tele-Systems Ltd., Divish Mobility Pvt. Ltd. (BatteryPool), Fortum India Pvt. Ltd., Flymove Holding Ltd., GreenPack GmbH, Gogoro Inc., Leo Motors Inc., Immotor Inc., Panasonic India Pvt. Ltd., Lithion Power Pvt. Ltd., Pushme Inc., Piaggio Vehicles Pvt. Ltd., and SUN Mobility Pvt. Ltd.

Browse More Reports

India Electric Vehicle Battery Swapping Market – https://www.psmarketresearch.com/market-analysis/india-electric-vehicle-battery-swapping-market

EV Battery Swapping Market – https://www.psmarketresearch.com/market-analysis/ev-battery-swapping-market

Automotive Lithium-Ion Battery Market – https://www.psmarketresearch.com/market-analysis/automotive-lithium-ion-battery-market

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:                      
Prajneesh Kumar
P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

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Insights on Battery Swapping Market for Electric Two and Three Wheeler Industry: P&S Intelligence

NEW YORK, Oct. 15, 2020 /PRNewswire/ — The most important growth driver for the global electric vehicle (EV) battery swapping market for two- and three-wheeler is the expansion of the EV industry. The latter is itself a result of the strong government support in many countries for the adoption of clean-energy transportation. Countries such as China, India, and Japan are notorious for their air…

NEW YORK, Oct. 15, 2020 /PRNewswire/ — The most important growth driver for the global electric vehicle (EV) battery swapping market for two- and three-wheeler is the expansion of the EV industry. The latter is itself a result of the strong government support in many countries for the adoption of clean-energy transportation. Countries such as China, India, and Japan are notorious for their air pollution, which has prompted the government here to offer a variety of benefits to the manufacturers and buyers of EVs, according to the market research report published by P&S Intelligence.

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However, a major restraint in the adoption of EVs is their high costs, which are a result of their expensive batteries. This is ultimately boosting the EV battery swapping market for two- and three-wheeler, as by buying the battery separately, the costs of EVs reduce significantly. Moreover, the electric vehicle supply equipment (EVSE), or charging station infrastructure, is inadequate in most countries. Additionally, charging takes time, from a couple of hours to the entire night, which not everyone on a clock can afford, which further makes battery swapping a preferred option.

Get the sample copy of this report at: https://www.psmarketresearch.com/market-analysis/ev-battery-swapping-two-three-wheeler-market/report-sample

Automotive has been one of the hardest-hit industries during the COVID-19 pandemic, with the sale of vehicles coming to naught in many places. This has caused a great loss to the EV battery swapping market for two- and three-wheeler, as with no EV sales, swapping businesses are witnessing ceased operations. After the pandemic ends and industry picks ups, electric three-wheeler sales are expected to be low, as most people are predicted to opt for private conveyance, which would actually benefit electric two-wheeler sales.

In the past, the subscription model bifurcation held the larger share in the EV battery swapping market for two- and three-wheeler, based on service type. The subscription swapping model allows users to take the EV battery on lease, as well as leads to low swapping expenses and, hence, long-term affordability of EVs.

The Li-ion bifurcation, on the basis of battery type, is projected to witness the higher CAGR in the battery swapping market for electric two and three-wheeler industry in the years to come. Due to their higher energy density, falling prices, and environment-friendly disposal advantages, the use of Li-ion batteries in electric two- and three-wheelers is increasing rapidly. In APAC, Europe, and North America, Li-ion batteries account for 65%, 97%, and 92% of all EV batteries in use, respectively.

Browse report with detailed COVID-19 impact analysis on EV Battery Swapping For Two- and Three-Wheeler Market: By Service Type (Pay-Per-Use Model, Subscription Model), Battery Type (Lead Acid, Li-Ion), Vehicle Type (Two-Wheeler, Three-Wheeler) – Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/ev-battery-swapping-two-three-wheeler-market

In the immediate future, the EV battery swapping market for two- and three-wheeler would continue to be dominated by the two-wheeler bifurcation, under segmentation by vehicle type. Electric two-wheeler manufacturers are focusing strongly on offering consumers a longer driving range, by making the vehicles compatible with the battery swapping technology. Additionally, once the lockdown is lifted, people are expected to prefer private transportation to shared mobility, for a lower risk of infection spread.

APAC has been the largest EV battery swapping market for two- and three-wheeler in the past. The huge sales of EVs in India and China and successful incorporation of the swapping technology in Taiwan have made APAC the industry leader. All these countries have a high population density, and the customer base for two-wheelers is also rather large here, as a significant chunk of the people is middle-class.

Make enquiry about this report @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=ev-battery-swapping-two-three-wheeler-market

The EV battery swapping market for two- and three-wheeler is set to boom considerably in Europe and Rest of the World. While the scooter sharing concept is quite popular in Europe, Africa is witnessing a rapidly increasing preference for the battery swapping model for keeping the EVs running.

Partnerships Paving Way for Companies to Grow in Industry

In the EV battery swapping market for two- and three-wheeler, where the challenges are plenty, owing to its largely unorganized nature, major EV manufacturers, power distribution companies (DISCOMs), government agencies, and battery swapping and charging solution providers are entering into partnerships with each other. The following are some prominent ideas behind such industry growth strategies:

  • Raising funds to develop feasible electric two-wheeler solutions
  • Securing adequate space and consistent electricity supply to carry out EV charging and battery swapping operations
  • Expanding the portfolio of the EV brands the battery swapping services are provided for
  • Getting intelligence on the most feasible areas across cities for setting up swapping stations
  • Installing charging and battery swapping infrastructure at petrol pumps and gas stations

The major players in the global EV battery swapping market for two- and three-wheeler are Amara Raja Batteries Ltd., ACME Cleantech Solutions Pvt. Ltd., BattSwap Inc., Ample, Ola Electric Mobility Pvt. Ltd., Exicom Tele-Systems Ltd., Divish Mobility Pvt. Ltd. (BatteryPool), Fortum India Pvt. Ltd., Flymove Holding Ltd., GreenPack GmbH, Gogoro Inc., Leo Motors Inc., Immotor Inc., Panasonic India Pvt. Ltd., Lithion Power Pvt. Ltd., Pushme Inc., Piaggio Vehicles Pvt. Ltd., and SUN Mobility Pvt. Ltd.

Browse More Reports

India Electric Vehicle Battery Swapping Market – https://www.psmarketresearch.com/market-analysis/india-electric-vehicle-battery-swapping-market

EV Battery Swapping Market – https://www.psmarketresearch.com/market-analysis/ev-battery-swapping-market

Automotive Lithium-Ion Battery Market – https://www.psmarketresearch.com/market-analysis/automotive-lithium-ion-battery-market

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:                      
Prajneesh Kumar
P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

Logo: https://mma.prnewswire.com/media/1224988/P_and_S_Intelligence_Logo.jpg

Insights on Battery Swapping Market for Electric Two and Three Wheeler Industry: P&S Intelligence

NEW YORK, Oct. 15, 2020 /PRNewswire/ — The most important growth driver for the global electric vehicle (EV) battery swapping market for two- and three-wheeler is the expansion of the EV industry. The latter is itself a result of the strong government support in many countries for the adoption of clean-energy transportation. Countries such as China, India, and Japan are notorious for their air…

NEW YORK, Oct. 15, 2020 /PRNewswire/ — The most important growth driver for the global electric vehicle (EV) battery swapping market for two- and three-wheeler is the expansion of the EV industry. The latter is itself a result of the strong government support in many countries for the adoption of clean-energy transportation. Countries such as China, India, and Japan are notorious for their air pollution, which has prompted the government here to offer a variety of benefits to the manufacturers and buyers of EVs, according to the market research report published by P&S Intelligence.

P_and_S_Intelligence_Logo

However, a major restraint in the adoption of EVs is their high costs, which are a result of their expensive batteries. This is ultimately boosting the EV battery swapping market for two- and three-wheeler, as by buying the battery separately, the costs of EVs reduce significantly. Moreover, the electric vehicle supply equipment (EVSE), or charging station infrastructure, is inadequate in most countries. Additionally, charging takes time, from a couple of hours to the entire night, which not everyone on a clock can afford, which further makes battery swapping a preferred option.

Get the sample copy of this report at: https://www.psmarketresearch.com/market-analysis/ev-battery-swapping-two-three-wheeler-market/report-sample

Automotive has been one of the hardest-hit industries during the COVID-19 pandemic, with the sale of vehicles coming to naught in many places. This has caused a great loss to the EV battery swapping market for two- and three-wheeler, as with no EV sales, swapping businesses are witnessing ceased operations. After the pandemic ends and industry picks ups, electric three-wheeler sales are expected to be low, as most people are predicted to opt for private conveyance, which would actually benefit electric two-wheeler sales.

In the past, the subscription model bifurcation held the larger share in the EV battery swapping market for two- and three-wheeler, based on service type. The subscription swapping model allows users to take the EV battery on lease, as well as leads to low swapping expenses and, hence, long-term affordability of EVs.

The Li-ion bifurcation, on the basis of battery type, is projected to witness the higher CAGR in the battery swapping market for electric two and three-wheeler industry in the years to come. Due to their higher energy density, falling prices, and environment-friendly disposal advantages, the use of Li-ion batteries in electric two- and three-wheelers is increasing rapidly. In APAC, Europe, and North America, Li-ion batteries account for 65%, 97%, and 92% of all EV batteries in use, respectively.

Browse report with detailed COVID-19 impact analysis on EV Battery Swapping For Two- and Three-Wheeler Market: By Service Type (Pay-Per-Use Model, Subscription Model), Battery Type (Lead Acid, Li-Ion), Vehicle Type (Two-Wheeler, Three-Wheeler) – Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/ev-battery-swapping-two-three-wheeler-market

In the immediate future, the EV battery swapping market for two- and three-wheeler would continue to be dominated by the two-wheeler bifurcation, under segmentation by vehicle type. Electric two-wheeler manufacturers are focusing strongly on offering consumers a longer driving range, by making the vehicles compatible with the battery swapping technology. Additionally, once the lockdown is lifted, people are expected to prefer private transportation to shared mobility, for a lower risk of infection spread.

APAC has been the largest EV battery swapping market for two- and three-wheeler in the past. The huge sales of EVs in India and China and successful incorporation of the swapping technology in Taiwan have made APAC the industry leader. All these countries have a high population density, and the customer base for two-wheelers is also rather large here, as a significant chunk of the people is middle-class.

Make enquiry about this report @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=ev-battery-swapping-two-three-wheeler-market

The EV battery swapping market for two- and three-wheeler is set to boom considerably in Europe and Rest of the World. While the scooter sharing concept is quite popular in Europe, Africa is witnessing a rapidly increasing preference for the battery swapping model for keeping the EVs running.

Partnerships Paving Way for Companies to Grow in Industry

In the EV battery swapping market for two- and three-wheeler, where the challenges are plenty, owing to its largely unorganized nature, major EV manufacturers, power distribution companies (DISCOMs), government agencies, and battery swapping and charging solution providers are entering into partnerships with each other. The following are some prominent ideas behind such industry growth strategies:

  • Raising funds to develop feasible electric two-wheeler solutions
  • Securing adequate space and consistent electricity supply to carry out EV charging and battery swapping operations
  • Expanding the portfolio of the EV brands the battery swapping services are provided for
  • Getting intelligence on the most feasible areas across cities for setting up swapping stations
  • Installing charging and battery swapping infrastructure at petrol pumps and gas stations

The major players in the global EV battery swapping market for two- and three-wheeler are Amara Raja Batteries Ltd., ACME Cleantech Solutions Pvt. Ltd., BattSwap Inc., Ample, Ola Electric Mobility Pvt. Ltd., Exicom Tele-Systems Ltd., Divish Mobility Pvt. Ltd. (BatteryPool), Fortum India Pvt. Ltd., Flymove Holding Ltd., GreenPack GmbH, Gogoro Inc., Leo Motors Inc., Immotor Inc., Panasonic India Pvt. Ltd., Lithion Power Pvt. Ltd., Pushme Inc., Piaggio Vehicles Pvt. Ltd., and SUN Mobility Pvt. Ltd.

Browse More Reports

India Electric Vehicle Battery Swapping Market – https://www.psmarketresearch.com/market-analysis/india-electric-vehicle-battery-swapping-market

EV Battery Swapping Market – https://www.psmarketresearch.com/market-analysis/ev-battery-swapping-market

Automotive Lithium-Ion Battery Market – https://www.psmarketresearch.com/market-analysis/automotive-lithium-ion-battery-market

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:                      
Prajneesh Kumar
P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

 

Cision View original content:http://www.prnewswire.com/news-releases/insights-on-battery-swapping-market-for-electric-two-and-three-wheeler-industry-ps-intelligence-301153091.html

SOURCE P&S Intelligence

Itronics Developing Manganese Recovery Technology

RENO, Nev., Oct. 15, 2020 /PRNewswire/ — Itronics Inc. (OTC: ITRO), an emerging «Cleantech Materials» growth Company that manufactures GOLD’n GRO Multi-Nutrient Fertilizers and produces Silver, today announced that it has successfully tested two proprietary processes that recover manganese. One process recovers manganese, potassium and zinc from paste produced by processing non-rechargeable alkaline batteries. The second process that recovers manganese is the Company’s revolutionary Rock Kleen…

RENO, Nev., Oct. 15, 2020 /PRNewswire/ — Itronics Inc. (OTC: ITRO), an emerging «Cleantech Materials» growth Company that manufactures GOLD’n GRO Multi-Nutrient Fertilizers and produces Silver, today announced that it has successfully tested two proprietary processes that recover manganese. One process recovers manganese, potassium and zinc from paste produced by processing non-rechargeable alkaline batteries. The second process that recovers manganese is the Company’s revolutionary Rock Kleen Technology.

Manganese has been designated by the Federal Government as a «Critical Mineral.» Manganese is one of the four most important industrial metals and is widely used by the steel industry worldwide. It is a major component of non-rechargeable alkaline batteries, one of the largest battery categories sold in the world. The use of manganese in EV batteries is increasing as EV battery technology is shifting to use of more nickel and manganese in battery formulations. According to a recent United Nations report, manganese is one of the four most important battery materials.

According to the U.S. Department of Interior, there is no mine production of manganese in the United States. Itronics is using its revolutionary Rock Kleen Technology to test metal recoverability from mine tailings obtained from a former silver mine in western Nevada that has a high manganese content. The Rock Kleen process is recovering silver, manganese, zinc, copper, lead and nickel. The Company has calculated, based on laboratory test results, that if a Rock Kleen tailings process is put into commercial production, the former mine site would become the only primary manganese producer in the United States.

Itronics has also tested non-rechargeable alkaline battery paste recovered by a large domestic battery recycling company to determine if it could use one of its hydrometallurgical processes to solubilize the manganese, potassium, and zinc contained in the paste. This testing was successful, and Itronics was able to produce material useable in two of its GOLD’n GRO fertilizers.

«We believe that the chemistry of the two recovery processes would lend itself to electrochemical recovery of the manganese, zinc, and other metals. At this time electrochemical recovery has been tested for zinc and copper. Itronics has been reviewing procedures for electrochemical recovery of manganese and plans to move this technology forward when it is appropriate to do so and has acquired electro-winning equipment needed to do that,» said Dr. John Whitney, Itronics President.

«Because of the two described proprietary technologies, Itronics is positioned to become a domestic manganese producer on a large scale to satisfy domestic demand. The actual manganese products have not yet been defined, except for use in the Company’s GOLD’n GRO Multi-Nutrient Fertilizers. However, the Company believes that it will be able to produce chemical manganese products as well as electrochemical products,» Dr. Whitney said.

Itronics R & D and manufacturing plant are located in Reno, Nevada about 40 miles west of the Tesla Giga-factory. The planned Itronics Cleantech Materials Campus, which is located about 40 miles south of the Tesla Giga-factory, would be the location were the manganese products would be produced. Panasonic is operating one of the world’s largest EV battery factories at the Tesla location. Tesla and other companies have announced that EV battery technology is shifting to use of nickel-manganese batteries. Itronics is positioned and located to become a Nevada based supplier of manganese products for battery manufacturing as its manganese recovery technologies are advanced.

A long-term objective for Itronics is to become a leading producer of high purity metals, including the U.S. critical metals manganese and tin, using the Company’s breakthrough hydrometallurgy, pyrometallurgy, and electrochemical technologies. Additionally, Itronics is strategically positioned with its portfolio of «Zero Waste Energy Saving Technologies» to help solve the recently declared emergency need for domestic production of Critical Minerals from materials located at mine sites.

Itronics Inc. is an emerging Clean Tech Materials Growth Company that produces GOLD’n GRO Multi-Nutrient Fertilizers and Silver. The Company is also an emerging «Critical Minerals» producer. The Company’s growth forecast centers upon its 10-year business plan designed to integrate its Zero Waste Energy Saving Technologies and to grow annual sales from $2 million in 2019, to $113 million in 2025.

About Itronics

Headquartered in Reno, Nevada, Itronics Inc. is a «Creative Clean Technology» Company which produces GOLD’n GRO Multi-Nutrient liquid fertilizers, silver bullion, and silver-bearing glass. The Company’s goal is to achieve profitable clean technology driven organic growth in specialty GOLD’n GRO Multi-Nutrient fertilizers, silver, copper, tin, zinc, and minerals. The Company’s technologies maximize the recovery and uses of metals and minerals and by doing this maximize sustainability.

The Company’s environmentally friendly award winning GOLD’n GRO Multi-Nutrient liquid fertilizers, which are extensively used in agriculture, can be used for lawns and houseplants, and are available at the Company’s «e-store» on Amazon.com at http://www.amazon.com/s/ref=bl_sr_lawn-garden?ie+UTF8&field-brandtextbin=GOLD%27n+GRO&node+2972638011. Due to expanded retail customer interest, GOLD’n GRO fertilizer may now be purchased in Reno, Nevada at «Buy Nevada First Gift Shop,» 4001 S. Virginia St.

Follow Itronics on Facebook: https://www.facebook.com/itronicsinc
Follow Itronics on Twitter: https://twitter.com/itronicsinc
VISIT OUR WEB SITE: http://www.itronics.com

(«Safe Harbor» Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company’s growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)

Contact:
Paul Knopick
+1-888-795-6336
investor@itronics.com

Cision View original content:http://www.prnewswire.com/news-releases/itronics-developing-manganese-recovery-technology-301152843.html

SOURCE Itronics Inc.