Mes: febrero 2021

Goodbye City Life: Rising Rents Match Homebuying Hotspots

SANTA CLARA, Calif., Feb. 18, 2021 /PRNewswire/ — Renters, much like homeowners, are favoring smaller more affordable markets that offer highly rated schools, strong local economies and more space over expensive tech hubs, a trend that is pushing rents up in many of the same markets where home prices are rising the most, according to the <a target="_blank"…

SANTA CLARA, Calif., Feb. 18, 2021 /PRNewswire/ — Renters, much like homeowners, are favoring smaller more affordable markets that offer highly rated schools, strong local economies and more space over expensive tech hubs, a trend that is pushing rents up in many of the same markets where home prices are rising the most, according to the realtor.com® Monthly Rental Report released today.

Rent declines in expensive tech hubs persist, while smaller markets that offer quality of life become less affordable.

«Although rents across the U.S. have been growing at a slower pace since the onset of COVID-19 and the major tech hubs continue to see declines, some markets are seeing rents grow by double digits,» said realtor.com® Chief Economist Danielle Hale. «Many of the same factors that attract homebuyers to an area — highly rated schools, job opportunities, affordability and quality of life — attract renters. Like homeowners, the pandemic has given many renters the freedom to work remotely, and the rental trends reflect that reality.»

In January, the U.S. median rent, which is calculated by averaging the median rent of the 50 largest metros, was up 0.8% to $1,442, below its pre-COVID growth rate of 3.2%. Despite the continued slower growth, January marked the first month since July 2020 where rental growth didn’t slow further, indicating that rent growth may have reached a floor.

Seven of the top 10 metros with the largest rent increases in January — New Orleans*; Sacramento, Calif.; Rochester, N.Y.; Cleveland; Riverside, Calif.; Cincinnati and St. Louis  — were also among the metros where home prices grew more than 5% year-over-year. 

Renters typically have more flexibility to move, and with remote work allowing many people to live anywhere, markets that offer affordability are in hot demand.

In California, Riverside and Sacramento have become desirable alternatives to the pricey Bay Area and Los Angeles housing markets. Despite a sizable 9.6% increase in the last year, the median rent in the Riverside metro was $1,858 in January, 25.4% lower than the median rent in neighboring Los Angeles. Likewise, the median rent in Sacramento was $1,649 in January, still 36.8% lower than the median rent in San Francisco despite its 11.0% rise in the last year.

Four of the top 10 markets with the largest year-over-year rent increases in January are located in the Midwest, a region that in recent years has attracted affordability-minded homeseekers looking for an alternative to the pricer coastal markets.

Markets With the Largest Rent Increases in January 2021

Markets With the Largest Rent Decreases in January 2021

Rental Data – 50 Largest Metropolitan Areas January 2021

Metro

Median Rent

Rent YoY

Atlanta-Sandy Springs-Roswell, Ga.

$1,420

4.0%

Austin-Round Rock, Texas

$1,313

-2.7%

Baltimore-Columbia-Towson, Md.

$1,520

1.7%

Birmingham-Hoover, Ala.

$976

3.8%

Boston-Cambridge-Newton, Mass.-N.H.

$2,240

-8.2%

Buffalo-Cheektowaga-Niagara Falls, N.Y.

$1,095

-6.0%

Charlotte-Concord-Gastonia, N.C.-S.C.

$1,295

2.4%

Chicago-Naperville-Elgin, Ill.-Ind.-Wis.

$1,600

-1.5%

Cincinnati, Ohio-Ky.-Ind.

$1,083

8.3%

Cleveland-Elyria, Ohio

$1,070

9.7%

Columbus, Ohio

$1,060

2.9%

Dallas-Fort Worth-Arlington, Texas

$1,255

-0.2%

Denver-Aurora-Lakewood, Colo.

$1,605

-3.4%

Detroit-Warren-Dearborn, Mich

$1,137

5.8%

Hartford-West Hartford-East Hartford, Conn.

$1,449

3.5%

Houston-The Woodlands-Sugar Land, Texas

$1,185

-0.8%

Indianapolis-Carmel-Anderson, Ind.

$1,054

8.8%

Jacksonville, Fla.

$1,164

3.5%

Kansas City, Mo.-Kan.

$1,068

3.2%

Las Vegas-Henderson-Paradise, Nev.

$1,238

6.4%

Los Angeles-Long Beach-Anaheim, Calif.

$2,490

-5.1%

Louisville/Jefferson County, Ky.-Ind.

$964

4.0%

Memphis, Tenn.-Miss.-Ark.

$1,000

8.1%

Miami-Fort Lauderdale-West Palm Beach, Fla.

$1,854

0.0%

Milwaukee-Waukesha-West Allis, Wis.

$1,345

-0.7%

Minneapolis-St. Paul-Bloomington, Minn.-Wis.

$1,425

-1.7%

Nashville-Davidson–Murfreesboro–Franklin, Tenn.

$1,310

0.2%

New Orleans-Metairie, La.

$1,300

18.2%

New York-Newark-Jersey City, N.Y.-N.J.-Pa.

$2,430

6.1%

Oklahoma City, Okla.

$789

-1.3%

Orlando-Kissimmee-Sanford, Fla.

$1,302

-3.6%

Philadelphia-Camden-Wilmington, Pa.-N.J.-Del.-Md.

$1,550

3.3%

Phoenix-Mesa-Scottsdale, Ariz.

$1,368

3.0%

Pittsburgh, Pa.

$1,250

1.1%

Portland-Vancouver-Hillsboro, Ore.-Wash.

$1,490

-1.1%

Providence-Warwick, R.I.-Mass.

$1,650

6.8%

Raleigh, N.C.

$1,230

3.0%

Richmond, Va.

$1,129

3.8%

Riverside-San Bernardino-Ontario, Calif.

$1,858

9.6%

Rochester, N.Y.

$1,154

9.9%

Sacramento–Roseville–Arden-Arcade, Calif.

$1,649

11.0%

San Antonio-New Braunfels, Texas

$1,054

2.8%

San Diego-Carlsbad, Calif.

$2,200

0.6%

San Francisco-Oakland-Hayward, Calif.

$2,610

-12.6%

San Jose-Sunnyvale-Santa Clara, Calif.

$2,670

-11.1%

Seattle-Tacoma-Bellevue, Wash.

$1,709

-8.9%

St. Louis, Mo.-Ill.

$1,075

7.5%

Tampa-St. Petersburg-Clearwater, Fla.

$1,375

6.9%

Virginia Beach-Norfolk-Newport News, Va.-N.C.

$1,215

7.0%

Washington-Arlington-Alexandria, DC-Va.-Md.-W. Va.

$1,840

-4.6%

*Editor’s Note: New Orleans’ exceptional year-over-year growth in median rent was driven by shifts in the underlying inventory of rental units. The number of studio units has declined by 17% year-over-year, while one-bedroom and two-bedroom unit inventory has increased by 50% and 31%, respectively. The larger space commands larger rents, therefore driving up the median rent in the area.

Methodology
Rental units include apartment communities as well as private rentals (condos, townhomes, single-family homes). All units were studio, one-bedroom, or two-bedroom units. National rents were calculated by averaging the medians of the 50 largest metropolitan areas.

About realtor.com®
Realtor.com® makes buying, selling, renting and living in homes easier and more rewarding for everyone. Realtor.com® pioneered the world of digital real estate more than 20 years ago, and today through its website and mobile apps is a trusted source for the information, tools and professional expertise that help people move confidently through every step of their home journey. Using proprietary data science and machine learning technology, realtor.com® pairs buyers and sellers with local agents in their market, helping take the guesswork out of buying and selling a home. For professionals, realtor.com® is a trusted provider of consumer connections and branding solutions that help them succeed in today’s on-demand world. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. under a perpetual license from the National Association of REALTORS®. For more information, visit realtor.com®.

Media Contact

Janice McDill, janice.mcdill@move.com

Cision View original content:http://www.prnewswire.com/news-releases/goodbye-city-life-rising-rents-match-homebuying-hotspots-301230678.html

SOURCE realtor.com

Seeing Machines y ams se asocian para desarrollar iluminación optimizada VCSEL

– Seeing Machines y ams se asocian para desarrollar iluminación optimizada VCSEL para sistemas de control de interior de cabina

CANBERRA, Australia, 18 de febrero de 2021 /PRNewswire/ — Seeing Machines, la empresa de tecnología de visión artificial avanzada que diseña sistemas de control de operadores impulsados por IA para mejorar la seguridad del transporte, ha anunciado los resultados de una asociación en marcha junto a ams, principal proveedor mundial de soluciones de sensor de elevado rendimiento, para…

– Seeing Machines y ams se asocian para desarrollar iluminación optimizada VCSEL para sistemas de control de interior de cabina

CANBERRA, Australia, 18 de febrero de 2021 /PRNewswire/ — Seeing Machines, la empresa de tecnología de visión artificial avanzada que diseña sistemas de control de operadores impulsados por IA para mejorar la seguridad del transporte, ha anunciado los resultados de una asociación en marcha junto a ams, principal proveedor mundial de soluciones de sensor de elevado rendimiento, para redefinir y optimizar las soluciones de iluminación de infra-rojos para control de interiores.

Seeing Machines logo

ams es reconocido a nivel global como proveedor líder de dispositivos láser de emisores de superficie de cavidad vertical (VCSEL), una tecnología de iluminación activa que se utiliza en la actualidad en los teléfonos inteligentes. Se prevé que los dispositivos VCSEL se vayan a utilizar en muchos interiores de automóviles del futuro, en los que van a podrán entregar pulsos de energía infrarroja controlados que son necesarios para soluciones de seguridad de supervisión de interiores. Los dispositivos presentan una ventaja integrada frente a los diodos emisores de luz (LED) ya que su espectro de emisión de banda estrecha es completamente inmune frente a la variación de temperatura. Con ello se logra una inmunidad a la luz solar más selectiva, rebajando con esto la potencia general del sistema de iluminación y mejorando la capacidad de las cámaras con el fin de poder utilizarse mediante el uso de gafas y gafas de sol.

A pesar de ello, los VCSEL siguen siendo una tecnología emergente para su utilización en aplicaciones de automoción, en las que la caracterización para diferentes casos de uso está en marcha todavía. Gracias al trabajo de los ingenieros ópticos de Seeing Machines, ams llevó a cabo su ajuste de componente VCSEL de próxima generación (TARA2000-AUT) para la iluminación interior de automoción de elevada temperatura. En concreto, Seeing Machines ha proporcionado los comentarios de diseño vitales acerca de los requisitos de uso de pulsos infrarrojos, permitiendo que el dispositivo se adapte de forma ideal a la óptica del sistema de cámara que se ha optimizado a través de Seeing Machines.

John Noble, vicepresidente senior de innovación de Seeing Machines, explicó: «Seeing Machines lleva evaluando la tecnología de iluminación de VCSEL desde hace más de tres años en nuestros laboratorios, explorando la eficacia d ellos dispositivos candidatos para la iluminación de los interiores de cabina. Nuestro conocimiento detallado de los pros y contras técnicos de la tecnología de VCSEL ha progresado, sobre todo en lo que respecta a las características de eficacia térmica, que son siempre un reto considerable para los interiores de vehículos. Hemos trabajado con varios proveedores y recomendamos ams VCSELs para nuestros clientes».

Bétina Bebey, responsable de productos High-Power Flood Illuminators de ams, añadió:
«La asociación con Seeing Machines demuestra el aumento del valor que la tecnología VCSEL lleva a los sistemas de control de conducción óptica en comparación con las tecnologías de iluminación establecidas. Al poner en marcha esta tecnología de forma conjunta, ams y Seeing Machines esperan ganar una visión valiosa y unir a nuestros clientes dentro de las soluciones de entornos de automoción exigentes para hacer que la conducción sea más segura y más cómoda».   

Consulta de medios: Seeing Machines – Sophie Nicoll, sophie.nicoll@seeingmachines.com, +61 419 149 683

Acerca de Seeing Machines (LSE: SEE)

Seeing Machines Ltd., es un líder de la industria en tecnología de control basada en la visión que permite a las máquinas ver, entender y ayudar a las personas. La cartera tecnológica de algoritmos de IA de Seeing Machines, procesamiento integrado y óptica, productos de potencia que necesitan ofrecer una comprensión confiable en tiempo real de los operadores de vehículos. La tecnología abarca la medición crítica de dónde está mirando un conductor, a través de la clasificación de su estado cognitivo, ya que se aplica al riesgo de accidente. La medición fiable del «estado del conductor» es el objetivo final de la tecnología de sistemas de supervisión del conductor (DMS). Seeing Machines desarrolla tecnología DMS para impulsar la seguridad para la automoción, la flota comercial, la carretera y la aviación. Fundada en 2000 y con sede en Australia, la compañía tiene oficinas en Australia, Estados Unidos, Europa y Asia, y suministra soluciones y servicios tecnológicos a los líderes de la industria en cada mercado vertical. www.seeingmachines.com

Logo – https://mma.prnewswire.com/media/1247670/Seeing_Machines_Logo_Logo.jpg  

EV Battery Market worth $67.2 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 18, 2021 /PRNewswire/ — According to the new market research report «EV Battery Market by Battery Capacity (<50, 50-110, 111-200, 201-300 and >300), Battery Form (Wire, Laser), Propulsion (BEV, PHEV, PHEV, FCEV), Battery Type, Material Type, Li-ion Battery…

CHICAGO, Feb. 18, 2021 /PRNewswire/ — According to the new market research report «EV Battery Market by Battery Capacity (<50, 50-110, 111-200, 201-300 and >300), Battery Form (Wire, Laser), Propulsion (BEV, PHEV, PHEV, FCEV), Battery Type, Material Type, Li-ion Battery Component, Method, Vehicle Type & Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global EV Battery Market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025.

MarketsandMarkets_Logo

Browse in-depth TOC on «EV Battery Market»
176 – Tables
80 – Figures
248 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id= 100188347

The growth of the EV Battery Market can be attributed to the increasing demand of electric vehicles, improvement in battery technology, supporting government policies and regulations, and launch of new plug-in EV models.

Asia pacific is expected to be the largest EV Battery Market in the forecast

Countries such as China, Japan, India, South Korea, and Thailand are considered under Asia Pacific for market analysis. China is the largest contributor to the global market, accounting for a share of more than 95%. Chinese companies such as Panasonic, LG, Chem, Samsung, CATL, and BYD are dominating both the Chinese and global EV Battery Market. Chinese EV manufacturers, who have access to cheaper parts and components, are providing electric vehicles at lower prices.

The Chinese government has made significant investments to convert conventional public transport fleets into electric ones, which also drives the EV Battery Market. In 2019, BYD launched its K12A, the world’s first 27-m pure electric bus. With a passenger capacity of 250 people, it is the longest pure electric bus in the world and can travel at a maximum speed of 70 km/h. The K12A is also the world’s first electric bus equipped with a distributed 4WD system, which can smoothly switch between 2WD and 4WD to meet the demands of different terrains, while also lowering the vehicle’s overall energy consumption.

The Indian government has announced plans for financial support for EVs—a zero-rated goods and services tax (GST) and the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme run by the Department of Heavy Industries to increase the adoption of electric vehicles. State authorities are rolling out contracts for electrifying the public transport fleet. For example, in 2018, BYD supplied 25 electric buses to the city of Pune and is expected to supply more in other cities.

South Korea and Japan started adopting electric vehicles in the last few years, with the introduction of hybrid vehicles. In October 2020, Toyota and Panasonic formed a joint venture to begin the production of batteries for hybrid vehicles at a facility in Japan. The Japanese manufacturer, Mitsubishi has announced to spend USD 9.6 million to boost production of electrolyte solution for lithium-ion batteries in 2021. The company will used this fund to upgrade equipment at plants in the U.S., the U.K. and China.

With advancements in battery technology and focused research, the presence of EVs in these countries has grown considerably.

 Europe is expected to be the fastest-growing market during the forecast

Countries such as Germany, France, Spain, UK, Italy, Norway, Sweden, and Denmark are considered under Europe for market analysis. The presence of OEMs such as VDL Groep (Netherlands) and AB Volvo (Sweden) offers opportunities for the growth of the EV Battery Market in the region. The increasingly stringent regulations related to environmental issues are propelling market players to test and develop advanced vehicles, which will further boost the market for advanced battery technologies. For example, Brexit deal creates an opportunity for Nissan to expand the business operations at its Sunderland plant. In return, the Japanese OEMs is even investing in the UK and other European countries. Nissan is interested to build additional battery production capacity in Sunderland. In September 2020, Mercedes-Benz, a subsidiary of Daimler AG, introduced its new all-electric eCitaro G, optionally equipped with innovative solid-state batteries. In December 2019, Volvo Trucks, a subsidiary of AB Volvo, developed heavy-duty electric concept trucks for construction operations and regional distribution.

France is expected to be the fastest-growing market for EV batteries in the region. The initiatives undertaken by the French government to promote electric commercial vehicles and electrification of public transport fleets are driving the country’s EV Battery Market. The government in Germany is also focusing on increasing the use of electric vehicles.

Major battery manufactures have been expanding their networks in the European region that has allowed significant growth of EVs and batteries. For instance, in 2017, Samsung SDI has invested about USD 1.3 billion to expand its factory in Hungary. This allowed Samsung to start production in 2018 on the Hungary plant, which produced batteries for 50,000 EVs that year.

 Request FREE Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id= 100188347  

The laser bonding segment is expected to be the largest EV method in the forecast

The laser bonding method is expected to lead the EV Battery Market during the forecast period. This method is mostly preferred due to its non-contact process that enables welding of dissimilar materials with high precision. Laser bonding is considered a reliable technology to connect battery cells and achieve fast production of battery pack conductive joints.

Key Market Players:

The global EV Battery Market is dominated by major players CATL (China), Panasonic (Japan), LG Chem (South Korea), BYD (China), and Samsung SDI (South Korea).The key strategies adopted by these companies to sustain their market position are new product developments,merges & acquistions, supply contracts, partnerships, expanisons, collaborations, acquisitions, and contracts & agreements.

Browse Related Reports:

Electric Commercial Vehicle Market by Propulsion Type, Vehicle Type, Range, Battery Type, Length of Bus, Power Output Type, Battery Capacity Type, Component Type, Autonomous Vehicles Type, End User and Region – Global Forecast to 2028

Electric Vehicle Charging Station Market by Level of Charging (Level 1, Level 2 & Level 3, By Charging Infrastructure (Normal Charge, Type-2, CCS, CHAdeMO and Tesla Supercharger), DC fast Charging (Fast & Ultra-fast) – Global Forecast to 2027

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/electric-vehicle-battery-market.asp
Visit Our Website: https://www.marketsandmarkets.com
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EV Battery Market worth $67.2 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 18, 2021 /PRNewswire/ — According to the new market research report «EV Battery Market by Battery Capacity (<50, 50-110, 111-200, 201-300 and >300), Battery Form (Wire, Laser), Propulsion (BEV, PHEV, PHEV, FCEV), Battery Type, Material Type, Li-ion Battery…

CHICAGO, Feb. 18, 2021 /PRNewswire/ — According to the new market research report «EV Battery Market by Battery Capacity (<50, 50-110, 111-200, 201-300 and >300), Battery Form (Wire, Laser), Propulsion (BEV, PHEV, PHEV, FCEV), Battery Type, Material Type, Li-ion Battery Component, Method, Vehicle Type & Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global EV Battery Market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025.

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Browse in-depth TOC on «EV Battery Market»
176 – Tables
80 – Figures
248 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id= 100188347

The growth of the EV Battery Market can be attributed to the increasing demand of electric vehicles, improvement in battery technology, supporting government policies and regulations, and launch of new plug-in EV models.

Asia pacific is expected to be the largest EV Battery Market in the forecast

Countries such as China, Japan, India, South Korea, and Thailand are considered under Asia Pacific for market analysis. China is the largest contributor to the global market, accounting for a share of more than 95%. Chinese companies such as Panasonic, LG, Chem, Samsung, CATL, and BYD are dominating both the Chinese and global EV Battery Market. Chinese EV manufacturers, who have access to cheaper parts and components, are providing electric vehicles at lower prices.

The Chinese government has made significant investments to convert conventional public transport fleets into electric ones, which also drives the EV Battery Market. In 2019, BYD launched its K12A, the world’s first 27-m pure electric bus. With a passenger capacity of 250 people, it is the longest pure electric bus in the world and can travel at a maximum speed of 70 km/h. The K12A is also the world’s first electric bus equipped with a distributed 4WD system, which can smoothly switch between 2WD and 4WD to meet the demands of different terrains, while also lowering the vehicle’s overall energy consumption.

The Indian government has announced plans for financial support for EVs—a zero-rated goods and services tax (GST) and the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme run by the Department of Heavy Industries to increase the adoption of electric vehicles. State authorities are rolling out contracts for electrifying the public transport fleet. For example, in 2018, BYD supplied 25 electric buses to the city of Pune and is expected to supply more in other cities.

South Korea and Japan started adopting electric vehicles in the last few years, with the introduction of hybrid vehicles. In October 2020, Toyota and Panasonic formed a joint venture to begin the production of batteries for hybrid vehicles at a facility in Japan. The Japanese manufacturer, Mitsubishi has announced to spend USD 9.6 million to boost production of electrolyte solution for lithium-ion batteries in 2021. The company will used this fund to upgrade equipment at plants in the U.S., the U.K. and China.

With advancements in battery technology and focused research, the presence of EVs in these countries has grown considerably.

 Europe is expected to be the fastest-growing market during the forecast

Countries such as Germany, France, Spain, UK, Italy, Norway, Sweden, and Denmark are considered under Europe for market analysis. The presence of OEMs such as VDL Groep (Netherlands) and AB Volvo (Sweden) offers opportunities for the growth of the EV Battery Market in the region. The increasingly stringent regulations related to environmental issues are propelling market players to test and develop advanced vehicles, which will further boost the market for advanced battery technologies. For example, Brexit deal creates an opportunity for Nissan to expand the business operations at its Sunderland plant. In return, the Japanese OEMs is even investing in the UK and other European countries. Nissan is interested to build additional battery production capacity in Sunderland. In September 2020, Mercedes-Benz, a subsidiary of Daimler AG, introduced its new all-electric eCitaro G, optionally equipped with innovative solid-state batteries. In December 2019, Volvo Trucks, a subsidiary of AB Volvo, developed heavy-duty electric concept trucks for construction operations and regional distribution.

France is expected to be the fastest-growing market for EV batteries in the region. The initiatives undertaken by the French government to promote electric commercial vehicles and electrification of public transport fleets are driving the country’s EV Battery Market. The government in Germany is also focusing on increasing the use of electric vehicles.

Major battery manufactures have been expanding their networks in the European region that has allowed significant growth of EVs and batteries. For instance, in 2017, Samsung SDI has invested about USD 1.3 billion to expand its factory in Hungary. This allowed Samsung to start production in 2018 on the Hungary plant, which produced batteries for 50,000 EVs that year.

 Request FREE Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id= 100188347  

The laser bonding segment is expected to be the largest EV method in the forecast

The laser bonding method is expected to lead the EV Battery Market during the forecast period. This method is mostly preferred due to its non-contact process that enables welding of dissimilar materials with high precision. Laser bonding is considered a reliable technology to connect battery cells and achieve fast production of battery pack conductive joints.

Key Market Players:

The global EV Battery Market is dominated by major players CATL (China), Panasonic (Japan), LG Chem (South Korea), BYD (China), and Samsung SDI (South Korea).The key strategies adopted by these companies to sustain their market position are new product developments,merges & acquistions, supply contracts, partnerships, expanisons, collaborations, acquisitions, and contracts & agreements.

Browse Related Reports:

Electric Commercial Vehicle Market by Propulsion Type, Vehicle Type, Range, Battery Type, Length of Bus, Power Output Type, Battery Capacity Type, Component Type, Autonomous Vehicles Type, End User and Region – Global Forecast to 2028

Electric Vehicle Charging Station Market by Level of Charging (Level 1, Level 2 & Level 3, By Charging Infrastructure (Normal Charge, Type-2, CCS, CHAdeMO and Tesla Supercharger), DC fast Charging (Fast & Ultra-fast) – Global Forecast to 2027

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/electric-vehicle-battery-market.asp
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/electric-vehicle-battery.asp

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EV Battery Market worth $67.2 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 18, 2021 /PRNewswire/ — According to the new market research report «EV Battery Market by Battery Capacity (<50, 50-110, 111-200, 201-300 and >300), Battery Form (Wire, Laser), Propulsion (BEV, PHEV, PHEV, FCEV), Battery Type, Material Type, Li-ion Battery…

CHICAGO, Feb. 18, 2021 /PRNewswire/ — According to the new market research report «EV Battery Market by Battery Capacity (<50, 50-110, 111-200, 201-300 and >300), Battery Form (Wire, Laser), Propulsion (BEV, PHEV, PHEV, FCEV), Battery Type, Material Type, Li-ion Battery Component, Method, Vehicle Type & Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global EV Battery Market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025.

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Browse in-depth TOC on «EV Battery Market»
176 – Tables
80 – Figures
248 – Pages

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The growth of the EV Battery Market can be attributed to the increasing demand of electric vehicles, improvement in battery technology, supporting government policies and regulations, and launch of new plug-in EV models.

Asia pacific is expected to be the largest EV Battery Market in the forecast

Countries such as China, Japan, India, South Korea, and Thailand are considered under Asia Pacific for market analysis. China is the largest contributor to the global market, accounting for a share of more than 95%. Chinese companies such as Panasonic, LG, Chem, Samsung, CATL, and BYD are dominating both the Chinese and global EV Battery Market. Chinese EV manufacturers, who have access to cheaper parts and components, are providing electric vehicles at lower prices.

The Chinese government has made significant investments to convert conventional public transport fleets into electric ones, which also drives the EV Battery Market. In 2019, BYD launched its K12A, the world’s first 27-m pure electric bus. With a passenger capacity of 250 people, it is the longest pure electric bus in the world and can travel at a maximum speed of 70 km/h. The K12A is also the world’s first electric bus equipped with a distributed 4WD system, which can smoothly switch between 2WD and 4WD to meet the demands of different terrains, while also lowering the vehicle’s overall energy consumption.

The Indian government has announced plans for financial support for EVs—a zero-rated goods and services tax (GST) and the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme run by the Department of Heavy Industries to increase the adoption of electric vehicles. State authorities are rolling out contracts for electrifying the public transport fleet. For example, in 2018, BYD supplied 25 electric buses to the city of Pune and is expected to supply more in other cities.

South Korea and Japan started adopting electric vehicles in the last few years, with the introduction of hybrid vehicles. In October 2020, Toyota and Panasonic formed a joint venture to begin the production of batteries for hybrid vehicles at a facility in Japan. The Japanese manufacturer, Mitsubishi has announced to spend USD 9.6 million to boost production of electrolyte solution for lithium-ion batteries in 2021. The company will used this fund to upgrade equipment at plants in the U.S., the U.K. and China.

With advancements in battery technology and focused research, the presence of EVs in these countries has grown considerably.

 Europe is expected to be the fastest-growing market during the forecast

Countries such as Germany, France, Spain, UK, Italy, Norway, Sweden, and Denmark are considered under Europe for market analysis. The presence of OEMs such as VDL Groep (Netherlands) and AB Volvo (Sweden) offers opportunities for the growth of the EV Battery Market in the region. The increasingly stringent regulations related to environmental issues are propelling market players to test and develop advanced vehicles, which will further boost the market for advanced battery technologies. For example, Brexit deal creates an opportunity for Nissan to expand the business operations at its Sunderland plant. In return, the Japanese OEMs is even investing in the UK and other European countries. Nissan is interested to build additional battery production capacity in Sunderland. In September 2020, Mercedes-Benz, a subsidiary of Daimler AG, introduced its new all-electric eCitaro G, optionally equipped with innovative solid-state batteries. In December 2019, Volvo Trucks, a subsidiary of AB Volvo, developed heavy-duty electric concept trucks for construction operations and regional distribution.

France is expected to be the fastest-growing market for EV batteries in the region. The initiatives undertaken by the French government to promote electric commercial vehicles and electrification of public transport fleets are driving the country’s EV Battery Market. The government in Germany is also focusing on increasing the use of electric vehicles.

Major battery manufactures have been expanding their networks in the European region that has allowed significant growth of EVs and batteries. For instance, in 2017, Samsung SDI has invested about USD 1.3 billion to expand its factory in Hungary. This allowed Samsung to start production in 2018 on the Hungary plant, which produced batteries for 50,000 EVs that year.

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The laser bonding segment is expected to be the largest EV method in the forecast

The laser bonding method is expected to lead the EV Battery Market during the forecast period. This method is mostly preferred due to its non-contact process that enables welding of dissimilar materials with high precision. Laser bonding is considered a reliable technology to connect battery cells and achieve fast production of battery pack conductive joints.

Key Market Players:

The global EV Battery Market is dominated by major players CATL (China), Panasonic (Japan), LG Chem (South Korea), BYD (China), and Samsung SDI (South Korea).The key strategies adopted by these companies to sustain their market position are new product developments,merges & acquistions, supply contracts, partnerships, expanisons, collaborations, acquisitions, and contracts & agreements.

Browse Related Reports:

Electric Commercial Vehicle Market by Propulsion Type, Vehicle Type, Range, Battery Type, Length of Bus, Power Output Type, Battery Capacity Type, Component Type, Autonomous Vehicles Type, End User and Region – Global Forecast to 2028

Electric Vehicle Charging Station Market by Level of Charging (Level 1, Level 2 & Level 3, By Charging Infrastructure (Normal Charge, Type-2, CCS, CHAdeMO and Tesla Supercharger), DC fast Charging (Fast & Ultra-fast) – Global Forecast to 2027

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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SOURCE MarketsandMarkets

TrueCar Shares Best End-of-Month Cash, Lease and Finance Deals on New Vehicles for February 2021

SANTA MONICA, Calif., Feb. 18, 2021 /PRNewswire/ — TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, today announced its list of the best end-of-month deals on new and used vehicle purchases and trade-in…

SANTA MONICA, Calif., Feb. 18, 2021 /PRNewswire/ — TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, today announced its list of the best end-of-month deals on new and used vehicle purchases and trade-in values for February 2021.

«Used vehicle sales tend to peak this time of year versus new car sales which usually peak in December when big end-of-year discounts entice consumers to dealership lots,» said Nick Woolard, Lead Industry Analyst at TrueCar. «This year popular used vehicles will likely still fetch a premium price as new vehicle inventory challenges continue, resulting in about a 10% increase in used vehicle list prices when compared with last year.»

«On the flip side, that means you can still get some of the highest values on your trade-in, particularly if you own a three to four-year-old, low mileage truck or SUV that can be used toward the purchase of your new vehicle.»

«If you’re looking for a unicorn new car deal, start with the remaining 2020 models still in inventory. While 2020 model year vehicles are scarce and only make up about 20% of all new inventory, if you find one on the lot that meets your needs you’ll want to move quickly before another buyer gets to it,» added Woolard.

Best Cash, Lease and Finance Deals on New Cars
Navigating the new car incentive landscape is complex for any car buyer. We look at deals across popular models, and at each incentive type (cash, lease, finance) and surface the best offer when compared with the prior month and to its recent price trend.  This month we’re seeing average savings of approximately 7% off MSRP across all new models.

Cash

1.

Chevrolet TrailBlazer (Midsize Utility)

Avg. MSRP: $27,204

Avg. Paid: $25,163

Why this is a good deal:  The average cash offer on this vehicle is $2,610,
up 32% from last month and represents savings of 10% off MSRP.

2.

Chevrolet Blazer (Midsize Utility)

Avg. MSRP: $41,843

Avg. Paid: $38,262

Why this is a good deal:  The average cash offer on this vehicle is $3,356,
up 26% from last month and represents savings of 8% off MSRP.

3.

Jeep Cherokee (Midsize Utility)

Avg. MSRP: $34,600

Avg. Paid: $31,230

Why this is a good deal:  The average cash offer on this vehicle is $4,765,
up 13% from last month and represents savings of 14% off MSRP.

4.

Ford Mustang (Sporty)

Avg. MSRP: $45,180

Avg. Paid: $41,060

Why this is a good deal:  The average cash offer on this vehicle is $3,321,
up 12% from last month and represents savings of 7% off MSRP.

5.

GMC Terrain (Compact Utility)

Avg. MSRP: $35,409

Avg. Paid: $30,569

Why this is a good deal:  The average cash offer on this vehicle is $5,548,
up 11% from last month and represents savings of 16% off MSRP.

Lease

1.

Subaru Forester (Compact Utility)

Avg. MSRP: $32,418

Avg. Paid: $29,537

Why this is a good deal:  The average lease offer on this vehicle is $3,051,
up 21% from last month and represents savings of 9% off MSRP.

2.

Nissan Sentra (Compact Car)

Avg. MSRP: $22,481

Avg. Paid: $21,161

Why this is a good deal:  The average lease offer on this vehicle is $3,080,
up 11% from last month and represents savings of 14% off MSRP.

3.

Honda Accord (Midsize Car)

Avg. MSRP: $29,928

Avg. Paid: $28,250

Why this is a good deal:  The average lease offer on this vehicle is $3,631,
up 10% from last month and represents savings of 12% off MSRP.

4.

Kia Sorento (Midsize Utility)

Avg. MSRP: $37,484

Avg. Paid: $35,370

Why this is a good deal:  The average lease offer on this vehicle is $5,725,
up 6% from last month and represents savings of 15% off MSRP.

5.

Toyota Corolla (Compact Car)

Avg. MSRP: $23,224

Avg. Paid: $21,245

Why this is a good deal:  The average lease offer on this vehicle is $3,887,
up 5% from last month and represents savings of 17% off MSRP.

 

 

Comparing lease offers? Discover what other consumers are paying monthly
for their lease here.

Finance

1.

RAM 1500 (Fullsize Pickup)

Avg. MSRP: $56,869

Avg. Paid: $50,867

Why this is a good deal:  The average finance offer on this vehicle is $8,905,
up 18% from last month and represents savings of 16% off MSRP.

2.

Subaru Crosstrek (Subcompact Utility)

Avg. MSRP: $29,327

Avg. Paid: $27,042

Why this is a good deal:  The average finance offer on this vehicle is $1,792,
up 12% from last month and represents savings of 6% off MSRP.

3.

Ford Escape (Compact Utility)

Avg. MSRP: $31,370

Avg. Paid: $27,947

Why this is a good deal:  The average finance offer on this vehicle is $6,036,
up 10% from last month and represents savings of 19% off MSRP.

4.

Jeep Grand Cherokee (Midsize Utility)

Avg. MSRP: $46,193

Avg. Paid: $42,786

Why this is a good deal:  The average finance offer on this vehicle is $5,924,
up 9% from last month and represents savings of 13% off MSRP.

5.

Honda HR-V (Subcompact Utility)

Avg. MSRP: $25,252

Avg. Paid: $24,261

Why this is a good deal:  The average finance offer on this vehicle is $2,656,
up 3% from last month and represents savings of 11% off MSRP.

Visit the TrueCar Blog for vehicle descriptions and photos.

Pricing and savings information is based on transaction data available to TrueCar as of 2/15/2021. Average cash, lease and finance savings are subject to change and individual savings may vary by factors such as location, individual vehicle attributes, dealer, credit approval, credit score, APR, applied residual value, amount financed and term.  Average lease and finance payments are may vary based on similar factors as well as down payment. Average finance and lease savings based on an assumed 4.15% APR and ALG residual value benchmarks.

Best Deals on Used Vehicles
We looked at popular used vehicles at a model level and curated those that have experienced a significant month-over-month drop in the list price indicating a good deal.

Brand and Model

Segment

MoM
Drop in
List Price

Chrysler PT Cruiser

Mainstream Cars

-5.6%

Honda Clarity

Electric

-5.0%

smart fortwo

Microcar

-4.7%

Mazda Mazda5

Subcompact Utility

-4.6%

Hyundai Ioniq

Electric

-4.6%

Mitsubishi Lancer

Compact

-4.5%

Nissan LEAF

Electric

-4.4%

Hyundai Accent

Mainstream Cars

-4.4%

Volvo S90

Luxury Cars

-4.3%

MINI Hardtop

Electric

-4.3%

Honda Insight

Mainstream Cars

-4.3%

Toyota Corolla iM

Compact

-4.3%

Audi A3

Luxury Cars

-4.2%

Toyota Yaris

Mainstream Cars

-4.2%

MINI Countryman

Mainstream Utility

-4.2%

Change in list price calculated as a model average of vehicle level price changes for nationwide listings as of 2/15/2021 compared to the prior month. Individual vehicle price changes may vary based on a variety of factors, including location, individual vehicle attributes and dealer.

Best Deals on Trade-In Values
Below, we highlight popular used models with the biggest increase in list price compared with the average. A smaller drop or small gain in list price signifies that the vehicle is retaining its market value and could fetch a stronger trade-in value. 

Brand and Model

Segment

MoM
Drop in
List Price

Chevrolet Express Passenger

Commercial Vans

-0.2%

Chevrolet Express Cargo Van

Commercial Vans

-0.6%

Porsche 911

Luxury Cars

-0.8%

BMW M5

Luxury Cars

-0.8%

Nissan NV200 Compact Cargo

Commercial Vans

-1.2%

Mercedes-Benz Sprinter Cargo Van

Commercial Vans

-1.3%

Mitsubishi Outlander

Mainstream Utility

-1.4%

Lexus LX

Luxury Utility

-1.5%

Chevrolet Corvette

Prem Performance

-1.5%

Ford Super Duty F-550

Pickups

-1.5%

Ram 2500

Pickups

-1.5%

Chevrolet Silverado 2500HD

Pickups

-1.5%

Mercedes-Benz CLK

Prem Fullsize

-1.6%

Ford Transit Passenger Wagon

Commercial Vans

-1.6%

Ford Super Duty F-350

Pickups

-1.6%

Change in list price calculated as a model average of vehicle level price changes for nationwide listings as of 2/15/2021 compared to the prior month. Individual vehicle list price changes may vary based on a variety of factors, including location, individual vehicle attributes and dealer. Changes in used vehicle list prices are assumed to be correlated with corresponding changes in trade-in value, but this correlation between list prices and trade-in values may not exist for the identified models or may not be experienced to the same degree.

If you’re active duty military, veteran or a family member of one, visit TrueCar Military at truecar.com/military for our Military Appreciation Package.

Click here for additional media assets.

About TrueCar

TrueCar is a leading automotive digital marketplace that enables car buyers to connect to our nationwide network of Certified Dealers. We are building the industry’s most personalized and efficient car buying experience as we seek to bring more of the purchasing process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new and used cars – all with a clear view of what’s a great deal. When they are ready, TrueCar will enable them to connect with a local Certified Dealer who shares in our belief that truth, transparency and fairness are the foundation of a great car buying experience. As part of our marketplace, TrueCar powers car-buying programs for over 250 leading brands, including AARP, Sam’s Club, and American Express. Nearly half of all new-car buyers engage with TrueCar powered sites, where they buy smarter and drive happier. TrueCar is headquartered in Santa Monica, California, with offices in Austin, Texas and Boston, Massachusetts.

For more information, please visit www.truecar.com, and follow us on Facebook or Twitter. TrueCar media line: +1-844-469-8442 (US toll-free) Email: pr@truecar.com

TrueCar Contacts:
Shadee Malekafzali
Senior Director, Public Relations
shadee@truecar.com 
424-258-8694

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SOURCE TrueCar, Inc.

Los vehículos eléctricos TEMSA llegan a la carretera en Rumanía

TEMSA ha firmado otro avance dentro de las exportaciones de nuevos autobuses eléctricos; tras haber ganado una licitación llevada a cabo en Buzău, Rumanía, TEMSA entregará cuatro autobuses Avenue Electron para fines del año 2021

ADANA, Turquía, 18 de febrero de 2021 /PRNewswire/ — Después de llevar a cabo la entrega de la primera exportación de autobuses eléctricos a Suecia en estos últimos meses, TEMSA ha reforzado su posición dentro de los mercados globales por medio de nuevas exportaciones. Después de haber participado con sus…

TEMSA ha firmado otro avance dentro de las exportaciones de nuevos autobuses eléctricos; tras haber ganado una licitación llevada a cabo en Buzău, Rumanía, TEMSA entregará cuatro autobuses Avenue Electron para fines del año 2021

ADANA, Turquía, 18 de febrero de 2021 /PRNewswire/ — Después de llevar a cabo la entrega de la primera exportación de autobuses eléctricos a Suecia en estos últimos meses, TEMSA ha reforzado su posición dentro de los mercados globales por medio de nuevas exportaciones. Después de haber participado con sus vehículos eléctricos modelo Avenue Electron en la licitación de autobuses eléctricos llevada a cabo en Buzău, Rumanía, en julio del año pasado, TEMSA ha resultado ganador de la misma al conseguir una mejor puntuación que sus competidores mundiales. En lo que respecta al alcance de la licitación, TEMSA va a entregar cuatro autobuses eléctricos modelo Avenue Electron diseñados, desarrollados y fabricados en Adana durante el año 2021. La entrega incluye además la adquisición de dos estaciones de carga de 150 kw y 480 kw para la ciudad.

TEMSA's electric vehicles will hit the road in Romania

Ingeniería, desarrollado y fabricado en Adana

El responsable de ventas y marketing de TEMSA, Hakan Koralp, explicó que TEMSA está entre las empresas líderes a nivel mundial en el sector de los vehículos eléctricos, y comentó: «Hemos estado desarrollando tecnologías de vehículos eléctricos desde hace muchos años. Por medio de los vehículos que diseñamos, desarrollamos y fabricamos dentro de nuestra planta situada en Adana, nuestro objetivo es contribuir hacia un futuro del transporte y para con la sostenibilidad de nuestro mundo».

Ahora somos más fuertes gracias a nuestros socios

Koralp indicó que TEMSA va a conseguir un éxito mucho mayor dentro del campo de los vehículos eléctricos gracias a la asociación de Sabancı Holding y PPF Group y junto a su empresa hermana, Škoda Transportation. Koralp añadió también: «Trabajamos de cara a reforzar nuestra posición dentro de los mercados extranjeros, sobre todo en Europa, con el conocimiento de nuestros socios y su poder competitivo en los mercados internacionales. El tema más destacado actualmente dentro del sector del transporte es la electrificación. Vamos a seguir desarrollando las tecnologías vehiculares que la conforman, situando la I+D y la innovación en el centro de nuestra estrategia de crecimiento, llevando a cabo la explotación de nuestros vehículos junto a una gama de productos variada que está preparada para llevar a cabo la producción en serie a nivel global».

Carga corta en nueve minutos

  • El Avenue Electron que estará en las carreteras de Rumanía en la ciudad de Buzău en 2021 se presentó por primera vez en la Hanover Commercial Vehicle Fair celebrada en Alemania en el año 2018.
  • El vehículo, que tiene una longitud de 12 metros, cuenta con 35 asientos y una capacidad de pasajeros de 85 personas.
  • Está disponible además la característica de carga rápida en un vehículo que puede cubrir una distancia de 230 kilómetros cuando está a carga completa. Además, permite realizar un viaje de 25 kilómetros con una carga de tan solo 9 minutos. Esto convierte al Avenue Electron en un vehículo muy ventajoso, sobre todo en el transporte urbano.

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TEMSA Logo

Most Sustainable Companies In The World Honored At 2020 SEAL Sustainability Awards

SAN DIEGO, Feb. 18, 2021 /PRNewswire/ — SEAL Awards today announced the winners of the 2020 SEAL…

SAN DIEGO, Feb. 18, 2021 /PRNewswire/ — SEAL Awards today announced the winners of the 2020 SEAL Business Sustainability Awards, celebrating their leadership, transparency, and commitment to sustainable business practices.

Global brands like Burberry, Cisco, Colgate Palmolive, and Diageo were among those selected for the SEAL Organizational Impact Award. Selected by combining two premier ESG data sets – the CDP A-List ™  and the Corporate Sustainability Assessment (CSA, now part of S&P Global ESG Scores ™) –  the 2020 SEAL Organizational Impact Award honors the 50 most sustainable companies globally.   

Dow, General Motors, and Salesforce were among the organizations whose sustainability initiatives were recognized with a SEAL Environmental Initiative Award.

«Over the past five years, corporations have increased their investment in sustainable business practices, thereby raising the bar for ESG excellence,» commented Matt Harney, SEAL Awards’ Founder. «Our mission at SEAL is to rigorously assess and then celebrate extraordinary sustainability leadership. We’re honored to present these 2020 Sustainability Award winners.»

The event featured two distinct sustainability award categories:

SEAL Environmental Initiative Award  
This award honors specific environmental and sustainability initiatives.  Key criteria for selection included: Impact Metrics, Innovation, Sharing of Insights, and Investment Levels.

The Environmental Initiative winners were:

  • Dow, Kashi, and Berry Global
  • Edifecs
  • Footprint
  • Freightliner Custom Chassis Corporation
  • Gaia Herbs
  • General Motors (Honored For 2 Initiatives)
  • GFL Environmental
  • Gousto
  • Green Standards
  • Hypergiant Industries
  • Nugget Markets
  • Pathwater
  • Salesforce
  • Solo New York
  • ZenWTR
  • Zorch

Selected Environmental Initiative Award Winner Perspectives:

Dow, Kashi, and Berry Global: «We are honored to receive the SEAL Award for our breakthrough accomplishment with Berry Global and Kashi on the development of the fully recyclable package for the Bear Naked brand,» said Nestor de Mattos, North America Commercial Vice President Dow Packaging and Specialty Plastics. «Together, we designed an innovative solution that not only protects the product but is easily recyclable at over 18,000 retail locations nationwide ultimately reducing plastic waste in the environment. At Dow, we are committed to continue collaborating with our partners to drive improvements in industries processes and deliver a sustainable future.»

General Motors: «We are honored to receive SEAL Business Sustainability Awards for our commitment to source 100 percent of our electricity from renewable sources by 2030 in the U.S., and for our goal of using 100 percent sustainable packaging by 2030,» said Deborah Wahl, Chief Marketing Officer, General Motors. «We are committed to putting every driver in an electric vehicle on a scale previously unseen with a vision of zero emissions so that our children will inherit a healthier planet, which is why we’re committed to go all-electric by 2035. We have the solutions, capability, technology and scale to put everyone in an EV, and our recently revealed brand identity and campaign are designed to reflect this.»

Salesforce: «At Salesforce we believe business can be a powerful platform for change, and we know that companies that buy renewable energy can play an important role in accelerating the transition to a clean and renewable energy future,» said Patrick Flynn, VP of Sustainability at Salesforce. «We are honored to receive the SEAL Business Sustainability Award for our contributions to sustainability and innovative initiatives that aim to create systemic change at a scale the planet will notice. Salesforce was one of the first cloud companies to make a 100% renewable energy commitment, and we are proud to say we will reach that goal this year from new, additional renewable energy that we are helping bring to the grid.»

SEAL Organizational Impact Award

This award recognizes overall corporate sustainability performance and represents the 50 most sustainable companies globally.

Winners were selected by combining and ranking the aggregated results of two rigorous, world-class sustainability assessments – specifically, the recently released 2020 CDP A-List ™ and the Corporate Sustainability Assessment (now part of the S&P Global ESG family).   

The Organizational Impact winners were:

  • ACCIONA
  • Allianz
  • Asahi Group
  • ASE Technology
  • AstraZeneca
  • Atos
  • British American Tobacco
  • Burberry Group
  • Cisco
  • Coca-Cola Hellenic Bottling Company
  • Colgate Palmolive
  • Deutsche Telekom
  • Dexus
  • Diageo
  • EDP
  • Enagas
  • Endesa
  • Enel
  • Engie
  • Ferrovial
  • First Financial Holding
  • Fubon Financial
  • HP
  • HP Enterprise
  • Iberdrola
  • Konica Minolta
  • Koninklijke KPN
  • Koninklijke Philips
  • LANXESS
  • Leonardo
  • METRO
  • Nanya Technology Corp
  • Naturgy Energy Group
  • Nippon Telegraph & Telephone (NTT)
  • Owens Corning
  • Pirelli
  • PTT Global Chemical
  • Red Electrica
  • Ricoh
  • Schneider Electric
  • Shinhan Financial Group
  • Signify
  • Snam
  • Stanley Black & Decker
  • Swiss Re
  • Taiwan Mobile
  • Taiwan Semiconductor Manufacturing
  • Terna Rete Elettrica Nazionale
  • True Corp
  • UBS Group
  • UPM-Kymmene OYJ

ABOUT THE SEAL AWARDS

SEAL (Sustainability, Environmental Achievement & Leadership) Awards is an environmental advocacy organization that honors leadership through our business sustainability awards & environmental journalism awards while funding research and pursuing our own environmental impact campaigns.

SEAL Awards is not affiliated with the CDP, CSA, or S&P Global. 

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SOURCE SEAL Awards

TechMet’s Battery Recycler Li-Cycle Enters SPAC Listing on New York Stock Exchange

DUBLIN, Feb. 18, 2021 /PRNewswire/ — TechMet funded Li-Cycle, an industry leader in lithium-ion battery recycling, has entered into a definitive business combination agreement with Peridot Acquisition Corp. (NYSE: PDAC); upon closing the combined company will be renamed Li-Cycle Holdings Corp. and will be listed on the New York Stock Exchange under the new ticker symbol «LICY».  See more details on the <a…

DUBLIN, Feb. 18, 2021 /PRNewswire/ — TechMet funded Li-Cycle, an industry leader in lithium-ion battery recycling, has entered into a definitive business combination agreement with Peridot Acquisition Corp. (NYSE: PDAC); upon closing the combined company will be renamed Li-Cycle Holdings Corp. and will be listed on the New York Stock Exchange under the new ticker symbol «LICY».  See more details on the Li-Cycle website.

TechMet

  • TechMet has been the primary funder of Li-Cycle over the last two years as the company has developed its first two commercial plants in Ontario, Canada and Rochester, New York.
  • The listing value of Li-Cycle is $1.67 billion, and the company is expected to have $615 million of cash. The pre-opening price of Peridot implies a Li-Cycle market cap of $2.8 billion.
  • TechMet, together with Moore Strategic Ventures, will be the largest non-management shareholder of the new listed entity.
  • The listing represents a 10x uplift on the value of TechMet’s investments into Li-Cycle.

Brian Menell, Chairman & CEO of TechMet and Li-Cycle board member, commented «As Li-Cycle’s primary funder for the first commercial scale-up plants in Canada and the US, we fully support the business combination with Peridot and the listing on NYSE.  Li-Cycle now has the funding firepower to globally scale this unique and environmentally sound recycling technology.  The seismic transformation of the global mobility and energy landscape represent ‘once-in-a-century’ investment opportunities, not least in the supply of key materials that enable this transition. Li-Cycle represents a clear winner in this supply chain.»

About TechMet

TechMet is a private company building world class projects that produce, process and re-cycle «technology metals» critical to EVs, renewable energy systems and energy storage. TechMet’s target metals include: lithium, cobalt, nickel, rare earth metals, tin, tungsten, and vanadium.  TechMet’s core investments include:

  • Brazilian Nickel PLC – nickel and cobalt production in Brazil
  • Li-Cycle – lithium-ion battery recycling.
  • US Vanadium – vanadium specialty chemicals production in Arkansas (USA).
  • Tinco – the largest tin and tungsten mines in Rwanda

TechMet also has an interest in a producing Rare Earths metals project and is developing TechMet Ventures to invest in new opportunities across the supply-chain.

TechMet was privately backed until late 2020, when it received a major investment from The US International Development Finance Corporation, a US Government funding agency, which now holds a 25% equity interest.

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SOURCE TechMet

Entain Pioneers Preventative Approach To Player Protection

Innovation using analytics and data science heralds new era in proactive protection

LONDON, Feb. 18, 2021 /PRNewswire/ — Entain, the leading global sports betting and gaming entertainment operator with brands including Ladbrokes and bwin, has completed the initial stage of its pioneering preventative approach to customer protection, known as ARC (Advanced Protection and Care). As a first outcome the company has significantly extended behavioral indicators used to identify players…

Innovation using analytics and data science heralds new era in proactive protection

LONDON, Feb. 18, 2021 /PRNewswire/ — Entain, the leading global sports betting and gaming entertainment operator with brands including Ladbrokes and bwin, has completed the initial stage of its pioneering preventative approach to customer protection, known as ARC (Advanced Protection and Care). As a first outcome the company has significantly extended behavioral indicators used to identify players potentially at risk and is now developing models using more than three times the previous number.

Entain believes ARC will provide unprecedented safeguards for customers of its online sports betting and gaming brands by minimising problems before they arise. This promises to revolutionise conventional thinking around responsible gaming and usher in a new era of more personalised and proactive, technology-driven player protection, widely applicable across many forms of online sports betting and gaming entertainment.

«ARC is fundamental to our future strategy for sustainability and growth,» said Jette Nygaard-Andersen, Chief Executive of Entain. «We are putting customers first, both by prioritizing their safety through our use of technology to limit individual exposure to risk, whilst also enhancing their experience across all our brands. We will do this not only in our traditional markets of sports betting and gaming, but also as we grow into new areas, like videogaming and esports as a global entertainment company.»  

Since 2018 Entain has monitored customers using markers of protection based on things such as frequency of play, changes in spend patterns and length of time of online play. The new markers being trialed include additional checks on, for example, fluctuations in stake levels, erratic play during a single session and signs that a player might be chasing losses. These were identified as potential danger signs by world-leading academics and gambling support groups taking part in scientific workshops held by Entain earlier this year.

Data scientists at the company are now building models to test the extended range of new behavioral indicators in real situations, seeking to identify customers who, according to the research, may show signs of potential problems as well as people exhibiting intermittent signs of being at potential risk. Eventually, Entain hopes to offer every customer both a personalised playing experience and protection tailored to their individual risk profile.

«We’re using our technology, leveraging our data and behavioral science, to deliver a fundamental shift in customer care,» said Peter Marcus, Entain Group Operations Director, who is overseeing the development of ARC. «The real innovation is to apply hyper-personalisation, to customer protection – using insight into the individual behaviors of customers to manage their exposure to risk in real time.»

Data from the new models is to be assessed prior to further development of ARC in the coming months. Entain will also seek further input from Harvard Medical School Faculty, Division on Addiction collaborating with Entain on a multi-year research project, Dr Michael Aeur, from the scientific management of the Gambling Research Centre at the University of Hohenheim in Germany and Dr Mark Griffiths, a Distinguished Professor of Behavioral Addiction and Psychology, who all participated in the workshops and contributed expertise to feed into the design of the new system.  

Entain will launch ARC first in the UK in the summer, offering real time online player protection for customers across all its brands and products, and plans to roll it out internationally from later in the year.

For more information see the Group’s website: www.entaingroup.com

Video – https://mma.prnewswire.com/media/1440062/Entain_ARC.mp4