RMI Relaunches to Transform Energy on a Global Scale, Building on Nearly 40 Years of Analysis, Insight, and Market Innovation

BOULDER, Colo., Feb. 3, 2021 /PRNewswire-PRWeb/ — RMI, formerly known as Rocky Mountain Institute, is launching a new brand identity to mark an inflection point in its support of the global clean energy transition. RMI is doubling down on its innovative «think-and-do» approach of advancing cutting-edge thought leadership and business model innovation to bring all its efforts to bear on decarbonizing energy systems in the world’s most critical geographies at speed and scale.

To do so, the…

BOULDER, Colo., Feb. 3, 2021 /PRNewswire-PRWeb/ — RMI, formerly known as Rocky Mountain Institute, is launching a new brand identity to mark an inflection point in its support of the global clean energy transition. RMI is doubling down on its innovative «think-and-do» approach of advancing cutting-edge thought leadership and business model innovation to bring all its efforts to bear on decarbonizing energy systems in the world’s most critical geographies at speed and scale.

To do so, the organization has rebuilt its portfolio of work to align with the target of cutting global greenhouse gas (GHG) emissions 50% by 2030 and driving the global economy toward net-zero emissions by 2050, consistent with a 1.5-degree Celsius future.

With a new logo and evolved name, plus the tagline, «Energy. Transformed.», RMI is signaling a new moment in its history. The organization is building upon its reputation as a trusted resource for techno-economic energy sector analysis, thought leadership, and convening prowess. RMI is now rising to meet the climate emergency challenge by pioneering faster, more effective ways to engender unconventional partnerships, identify key tipping points to rapidly scale change in global energy systems, and mobilize action.

«We have a bold goal: to limit global warming to 1.5 degrees Celsius and secure a clean, prosperous, zero-carbon future for all,» said Jules Kortenhorst, CEO of RMI. «This requires a just and equitable transition through radical, inclusive collaboration across all parts of society around the world, including those who are historically disadvantaged and underserved.»

With less than ten years to avert the calamitous effects of climate change, the world urgently needs transformative energy solutions. RMI’s bold goal to cut GHG emissions 50% by 2030 rests on a comprehensive, ambitious portfolio aimed at critical global geographies. This includes China, India, and the United States, which together are the world’s largest GHG emitters, plus rapidly growing cities and developing economies in Africa, island nations and Southeast Asia.

The new portfolio is centered on achieving a clean electricity grid that powers three key sectors: carbon-free buildings, transportation, and industry while activating a set of market forces—new technologies, business models, finance flows, and big data—to exponentially accelerate the scale of transformation.

This reimagined strategy builds on RMI’s success in supporting high-ambition stakeholders across the global economy and launching transformative initiatives, such as:

  • REALIZE, a platform that establishes high-volume, net-zero building retrofit delivery programs, initiated in the United States
  • The Global Cooling Prize, an innovation competition to develop a residential cooling solution without warming the planet
  • Climate TRACE, a partnership to monitor nearly all human-caused GHG emissions worldwide independently and in real time.
  • Mission Possible Partnership, a global coalition aimed at rapid decarbonization of heavy industry and transport
  • Third Derivative, a world-wide cleantech accelerator that aligns investors, corporations, and market experts with startups to commercialize climate innovations
  • The Center for Climate-Aligned Finance, a coalition helping large, global financial institutions work towards net-zero portfolios
  • The Urban Mobility Lab, a scalable platform that supports a replicable process to transform the way goods and people move in cities, originating in India

«The clean energy transition is clearly accelerating, faster than many experts had predicted, driven primarily by relentlessly falling costs of technologies including solar, wind, and storage,» said Maria Van Der Hoeven, executive director of the International Energy Agency from 2011 to 2015. «Yet, we are still not moving fast enough to address the climate crisis. Pathways might differ, but all organizations around the world must rapidly cut emissions in half this decade, to achieve the 1.5-degree target as RMI is doing with this bold new strategy.»

Throughout RMI’s tenure, the organization has leveraged its unique techno-economic expertise and whole-systems thinking to publish groundbreaking research and analysis that has proved prescient in redefining market-based energy solutions, many of which are standard practice in energy sectors today. With its unique ability to operate across ideological boundaries, RMI drives impact in the real economy even as effective, worldwide climate action has lagged behind.

«Climate change is an existential threat, and it is past time to for us to treat it as the urgent crisis that it is,» said Todd Stern, the US Special Envoy on Climate Change during the Obama administration. «With a new level of focus on the 1.5-degree Celsius target, RMI is demonstrating how organizations around the world can align on the critical goal of cutting emissions in half by the end of this decade. Immediate action, from all nations and all sectors of the economy, is essential for humanity’s path towards a more sustainable future.»

Media Inquiries please contact:
Alex Chin, Associate – Media Relations, T: +1 973-262-0002, E:achin@rmi.org

About RMI
RMI is an independent nonprofit founded in 1982 that transforms global energy systems through market-driven solutions to align with a 1.5°C future and secure a clean, prosperous, zero-carbon future for all. We work in the world’s most critical geographies and engage businesses, policymakers, communities, and NGOs to identify and scale energy system interventions that will cut greenhouse gas emissions at least 50 percent by 2030. RMI has offices in Basalt and Boulder, Colorado; New York City; Oakland, California; Washington, D.C.; and Beijing.

Media Contact

Alexandra Chin, RMI, 9732620002, achin@rmi.org

 

SOURCE RMI

500.com Limited to Report Fourth Quarter and Full Year 2020 Financial Results on February 8, 2021

SHENZHEN, China, Feb. 3, 2021 /PRNewswire/ — 500.com Limited (NYSE: WBAI) («500.com» or the «Company»), today announced that it plans to release its financial results for the fourth quarter and full year ended December 31, 2020 after the close of U.S. markets on Monday, February 8, 2021.

About 500.com Limited

500.com Limited (NYSE: WBAI) is an online sports lottery service provider in <span…

SHENZHEN, China, Feb. 3, 2021 /PRNewswire/ — 500.com Limited (NYSE: WBAI) («500.com» or the «Company»), today announced that it plans to release its financial results for the fourth quarter and full year ended December 31, 2020 after the close of U.S. markets on Monday, February 8, 2021.

About 500.com Limited

500.com Limited (NYSE: WBAI) is an online sports lottery service provider in China. The Company offers a comprehensive and integrated suite of online lottery services, information, user tools and virtual community venues to its users. Most recently, 500.com is actively developing its blockchain-related business.

Safe Harbor Statements

This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as «will,» «expects,» «anticipates,» «future,» «intends,» «plans,» «believes,» «estimates,» «target,» «going forward,» «outlook» and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

Cision View original content:http://www.prnewswire.com/news-releases/500com-limited-to-report-fourth-quarter-and-full-year-2020-financial-results-on-february-8-2021-301220999.html

SOURCE 500.com Limited

‘Quick Nick’ Tests Battista Prototype As hyper GT Development Accelerates

– Ex-Formula 1 and Formula E racer Nick Heidfeld brings his expertise to the test programme of the Battista pure-electric hyper GT

– Heidfeld joins Vehicle Development team at Nardò Technical Center in Italy for his debut Battista test, as engineers fine-tune its bespoke dynamics package

– Heidfeld said: «What really surprised me was how natural the Battista feels on the track. We are creating a hyper GT to be enjoyed at all speeds, yet here in Nardò the cornering control and speed…

– Ex-Formula 1 and Formula E racer Nick Heidfeld brings his expertise to the test programme of the Battista pure-electric hyper GT

– Heidfeld joins Vehicle Development team at Nardò Technical Center in Italy for his debut Battista test, as engineers fine-tune its bespoke dynamics package

– Heidfeld said: «What really surprised me was how natural the Battista feels on the track. We are creating a hyper GT to be enjoyed at all speeds, yet here in Nardò the cornering control and speed we achieved were exceptional.»

Track testing enables ongoing refinement and modification of elements including tailored chassis settings, aerodynamics package, torque vectoring and five selectable driving modes

– Watch Nick Heidfeld on his debut test of the Battista hyper GT prototype here: youtube.com/watch?v=jyY95MUhBa4

NARDÒ, Italy, Feb. 3, 2021 /PRNewswire/ — Legendary racer and Automobili Pininfarina Test and Development Driver Nick Heidfeld has taken the new Battista hyper GT on track for the first time as part of the ongoing prototype development at the Nardò Technical Center in Italy.

 

 

Heidfeld has played a key role in the development of Battista from the inception of the project. In 2019 he joined Automobili Pininfarina designers and engineers to provide ergonomics feedback on a physical – rather than virtual – prototype for the first time. Soon after, Nick was in the seat of an advanced dynamic simulator in Italy, with the brief to support dynamic set-up of the 1,900 PS, all-wheel drive electric hyper GT.

His unparalleled knowledge and more than 25 years of experience in high performance motorsport continue to support refinement of Battista’s bespoke chassis settings and software calibration, ahead of the hyper GT entering production in Italy in the summer of 2021.

Nick Heidfeld said: «It has been really special to experience the Battista on the track for the first time. With the prototype at an advanced stage of development, we are testing Battista with around 80 per cent of its potential power, the performance and acceleration is already beyond anything I could imagine.»

«What really surprised me was how natural the Battista feels on the track. We are creating a hyper GT to be enjoyed at all speeds, yet here in Nardò the cornering control and speed we achieved were exceptional. Minimal traction control and torque vectoring are active at this stage of prototype development, yet there is so much grip to exploit.»

«It was my first time driving on the Nardò handling circuit, so I spent some time looking at films of onboard laps online to familiarise myself with the layout. I quickly realised they would be of little use, because the acceleration of Battista is on another level to even the world’s fastest road cars.»

«To meet our aim of delivering a hyper GT, a car that can be enjoyed anywhere and in all conditions, we are developing Battista with two tyre combinations. The Michelin Pilot Sport Cup 2R is our preferred performance tyre and combined with lightweight ‘Impulso’ wheels it provides an outstanding combination of maximum grip and feel, a perfect fit for a race circuit.»

«I have to say, that very honestly, driving the Battista prototype far exceeded my expectations. It’s like nothing I have experienced ever before. I can’t wait to try the Battista away from the track, chasing corners on mountain roads.»

The Automobili Pininfarina Battista is the most powerful road-legal car ever designed and built in Italy. No more than 150 Battistas will be individually hand-crafted at the Pininfarina SpA atelier in Turin, Italy, with the first cars set to be delivered to clients later this year.

For more information, visit automobili-pininfarina.com/media-zone.

EDITOR’S NOTES

ABOUT AUTOMOBILI PININFARINA

Automobili Pininfarina is based in operational headquarters in Munich, Germany, with a team of experienced automotive executives from luxury and premium car brands. Designed, engineered and produced by hand in Italy, the Battista hyper GT and all future models will be sold and serviced in all major global markets under the brand name Pininfarina. The new company aims to be the most sustainable luxury car brand in the world.

The company is a 100 per cent Mahindra & Mahindra Ltd investment and has been named Automobili Pininfarina following the signing of a trademark licence agreement between Pininfarina S.p.A. and Mahindra & Mahindra Ltd. Pininfarina S.p.A. will take an influential role in supporting design and production capacities based on their unique 90-year experience of producing many of the world’s most iconic cars.

ABOUT NICK HEIDFELD

Starting his motorsport career in 1994 by racing in the German Formula Ford race series, Nick Heidfeld (43) would go on to race in various competitions before making his debut in Formula 1 in 2000. After more than 10 years at the pinnacle of motorsport, he became the first driver to make the move across to the pinnacle of electrified motorsport, when he entered his first race in Formula E in 2014. With unrivalled expertise in developing and honing the characteristics of performance vehicles, Brand Ambassador Nick has been part of the Automobili Pininfarina Vehicle Development team since the beginning of the Battista programme and played a key role in simulation testing of the pure-electric hyper GT.

Video – https://mma.prnewswire.com/media/1431630/Automobili_Pininfarina.mp4 
Photo – https://mma.prnewswire.com/media/1431494/Automobili_Pininfarina_Nick_Heidfeld.jpg
Photo – https://mma.prnewswire.com/media/1431490/Automobili_Pininfarina_Nardo_1.jpg
Photo – https://mma.prnewswire.com/media/1431493/Automobili_Pininfarina_Nardo_2.jpg
Logo – https://mma.prnewswire.com/media/1316779/Automobili_Pininfarina_Logo.jpg

 

Nick Heidfeld tests Battista prototype in Nardò

 

Battista prototype development accelerates in Nardò 1

 

Battista prototype development accelerates in Nardò 2

 

Automobili Pininfarina Logo

 

Cision View original content:http://www.prnewswire.com/news-releases/quick-nick-tests-battista-prototype-as-hyper-gt-development-accelerates-301221051.html

SOURCE Automobili Pininfarina

Human Horizons HiPhi X Super SUV Wins IDA Gold Award

SHANGHAI, Feb. 3, 2021 /PRNewswire/ — Designed and manufactured by industry-leading new mobility and autonomous-driving research company, Human Horizons, the HiPhi X Super SUV has been recognized by the prestigious International Design Awards (IDA) and awarded a gold prize for design. This marks the first time an electric vehicle has been presented with this award and stands as validation of the company’s focus on quality design.

<div id="prni_dvprnejpgd79eleft" style="WIDTH: 100%; TEXT-ALIGN:…

SHANGHAI, Feb. 3, 2021 /PRNewswire/ — Designed and manufactured by industry-leading new mobility and autonomous-driving research company, Human Horizons, the HiPhi X Super SUV has been recognized by the prestigious International Design Awards (IDA) and awarded a gold prize for design. This marks the first time an electric vehicle has been presented with this award and stands as validation of the company’s focus on quality design.

HiPhi X is the world’s first production vehicle to adopt Human Horizons’ mass-produced, secure, developer-enabled Human Service-Oriented Architecture (H-SOA) and the first worldwide to be equipped with a 5G-V2X technology network.

«On the basis of practical innovation, IDA focuses on thinking and cultural heritage, promotes unconventional and conceptual ideas. The organization aims to solve life’s problems through innovative design vocabulary, and endows future life with a new look. This is in sync with Human Horizons approach to aesthetic design, direct access to users and genuine products,» said James Shyr, Founding Partner of Human Horizons and HiPhi Global Design Steering Committee.

Founded in 2007, the International Design Awards are one of the most acclaimed design awards in the United States. Every year, thousands of products are reviewed by a team of judges and scored against a number of criteria including innovation, aesthetics, usability, utility, impact, and more. IDA also advocates sustainable design and seeks to be an authority in the use of design as a means of solving tangible problems that positively impact the environment. Sorted into five disciplines of architectural, interior, graphic, fashion, and product design, gold, silver, and bronze awards are given to outstanding entries.

Nicolas Huet, Vice President of HiPhi Design, noted, «the IDA is praising the work from different faculties coming from all over the world. It is extremely inspiring to witness how much creativity is collected in fields such as architecture, fashion, graphic, product… design. It is an honor and a real satisfaction to belong to highest rank of the awardees.»

HiPhi X is the world’s first production vehicle to adopt Human Horizons’ mass-produced, secure, developer-enabled Human Service-Oriented Architecture (H-SOA) and the first worldwide to be equipped with a 5G-V2X technology network. More than 562 sensors are deployed throughout the vehicle, all of which collect, analyze and respond to massive amounts of data on its occupants, the surrounding environment, and a multitude of vehicle parameters. The SUV also contains 307 electronically controlled actuators that, when used with Human Horizons’ custom-developed middleware, enables a truly connected, smart vehicle experience.

The SUV also contains 307 electronically controlled actuators that, when used with Human Horizons’ custom-developed middleware, enables a truly connected, smart vehicle experience.

In addition, H-SOA’s open source software platform and comprehensive development tools empower partners, third-party developers and users to create new dynamic features and scenarios — providing users with a robust, ever-growing application ecosystem.

Visually impressive with its sleek H-SOA supercharged body and unique wing doors, the HiPhi X is carefully designed inside and out. Through principles of ‘design defined by scenarios’ the vehicle blurs the line between a hi-tech new-age electric car and a premium luxury vehicle. The result is a new category of vehicle, TECHLUXE®. In addition to its stunning design, the interior is fitted with sustainable vegan leather and recycled materials which lower the environmental impact of each vehicle.

In terms of performance, the HiPhi X is equipped with dual 220 kW motors at the front and rear, as well as a large-capacity 97 kW hour battery. It can accelerate from 0-100km/h in 3.9 seconds, with a cruising range of 550km, and has a turning circle similar to that of a much smaller car. Bringing together cutting-edge technology, luxury design, and sustainably sourced products, the HiPhi X is gearing up for a breakthrough year in 2021.

About HiPhi

HiPhi is a premium brand created by Human Horizons and enhanced by its users. HiPhi X is an EV with a lightweight hybrid aluminum-steel construction and sustainable vegan leathers and recyclable materials which add to the sustainable nature of Human Horizons’ EV products.

About Human Horizons

Human Horizons is established for R&D in innovative and leading intelligent mobility technologies as well as the industrialization of future-oriented smart vehicles. Furthermore, Human Horizons builds smart transportation technologies and contributes to the development of smart cities, which will redefine human mobility.

HiPhi Logo

Photo – https://mma.prnewswire.com/media/1432248/1.jpg
Photo – https://mma.prnewswire.com/media/1432249/2.jpg
Logo – https://mma.prnewswire.com/media/1213394/HiPhi_Logo.jpg  

Human Horizons HiPhi X Super SUV Wins IDA Gold Award

SHANGHAI, Feb. 3, 2021 /PRNewswire/ — Designed and manufactured by industry-leading new mobility and autonomous-driving research company, Human Horizons, the HiPhi X Super SUV has been recognized by the prestigious International Design Awards (IDA) and awarded a gold prize for design. This marks the first time an electric vehicle has been presented with this award and stands as validation of the company’s focus on quality design.

<div id="prni_dvprnejpgd79eleft" style="WIDTH: 100%; TEXT-ALIGN:…

SHANGHAI, Feb. 3, 2021 /PRNewswire/ — Designed and manufactured by industry-leading new mobility and autonomous-driving research company, Human Horizons, the HiPhi X Super SUV has been recognized by the prestigious International Design Awards (IDA) and awarded a gold prize for design. This marks the first time an electric vehicle has been presented with this award and stands as validation of the company’s focus on quality design.

HiPhi X is the world’s first production vehicle to adopt Human Horizons’ mass-produced, secure, developer-enabled Human Service-Oriented Architecture (H-SOA) and the first worldwide to be equipped with a 5G-V2X technology network.

«On the basis of practical innovation, IDA focuses on thinking and cultural heritage, promotes unconventional and conceptual ideas. The organization aims to solve life’s problems through innovative design vocabulary, and endows future life with a new look. This is in sync with Human Horizons approach to aesthetic design, direct access to users and genuine products,» said James Shyr, Founding Partner of Human Horizons and HiPhi Global Design Steering Committee.

Founded in 2007, the International Design Awards are one of the most acclaimed design awards in the United States. Every year, thousands of products are reviewed by a team of judges and scored against a number of criteria including innovation, aesthetics, usability, utility, impact, and more. IDA also advocates sustainable design and seeks to be an authority in the use of design as a means of solving tangible problems that positively impact the environment. Sorted into five disciplines of architectural, interior, graphic, fashion, and product design, gold, silver, and bronze awards are given to outstanding entries.

Nicolas Huet, Vice President of HiPhi Design, noted, «the IDA is praising the work from different faculties coming from all over the world. It is extremely inspiring to witness how much creativity is collected in fields such as architecture, fashion, graphic, product… design. It is an honor and a real satisfaction to belong to highest rank of the awardees.»

HiPhi X is the world’s first production vehicle to adopt Human Horizons’ mass-produced, secure, developer-enabled Human Service-Oriented Architecture (H-SOA) and the first worldwide to be equipped with a 5G-V2X technology network. More than 562 sensors are deployed throughout the vehicle, all of which collect, analyze and respond to massive amounts of data on its occupants, the surrounding environment, and a multitude of vehicle parameters. The SUV also contains 307 electronically controlled actuators that, when used with Human Horizons’ custom-developed middleware, enables a truly connected, smart vehicle experience.

The SUV also contains 307 electronically controlled actuators that, when used with Human Horizons’ custom-developed middleware, enables a truly connected, smart vehicle experience.

In addition, H-SOA’s open source software platform and comprehensive development tools empower partners, third-party developers and users to create new dynamic features and scenarios — providing users with a robust, ever-growing application ecosystem.

Visually impressive with its sleek H-SOA supercharged body and unique wing doors, the HiPhi X is carefully designed inside and out. Through principles of ‘design defined by scenarios’ the vehicle blurs the line between a hi-tech new-age electric car and a premium luxury vehicle. The result is a new category of vehicle, TECHLUXE®. In addition to its stunning design, the interior is fitted with sustainable vegan leather and recycled materials which lower the environmental impact of each vehicle.

In terms of performance, the HiPhi X is equipped with dual 220 kW motors at the front and rear, as well as a large-capacity 97 kW hour battery. It can accelerate from 0-100km/h in 3.9 seconds, with a cruising range of 550km, and has a turning circle similar to that of a much smaller car. Bringing together cutting-edge technology, luxury design, and sustainably sourced products, the HiPhi X is gearing up for a breakthrough year in 2021.

About HiPhi

HiPhi is a premium brand created by Human Horizons and enhanced by its users. HiPhi X is an EV with a lightweight hybrid aluminum-steel construction and sustainable vegan leathers and recyclable materials which add to the sustainable nature of Human Horizons’ EV products.

About Human Horizons

Human Horizons is established for R&D in innovative and leading intelligent mobility technologies as well as the industrialization of future-oriented smart vehicles. Furthermore, Human Horizons builds smart transportation technologies and contributes to the development of smart cities, which will redefine human mobility.

HiPhi Logo

Photo – https://mma.prnewswire.com/media/1432248/1.jpg
Photo – https://mma.prnewswire.com/media/1432249/2.jpg
Logo – https://mma.prnewswire.com/media/1213394/HiPhi_Logo.jpg  

Electric Vehicle Range Extender Market To Witness 10.2% CAGR By 2025 Owing To Rising Usage of Commercial & Fully Electric Passenger Vehicles To Lower CO2 Emissions | Million Insights

FELTON, Calif., Feb. 3, 2021 /PRNewswire/ — The demand for the global EV range extender market is estimated to be worth 494,083 units by 2025, according to a new report by Million Insights, growing at a CAGR of 10.2% from 2018 to 2025. An EV range extender is a…

FELTON, Calif., Feb. 3, 2021 /PRNewswire/ — The demand for the global EV range extender market is estimated to be worth 494,083 units by 2025, according to a new report by Million Insights, growing at a CAGR of 10.2% from 2018 to 2025. An EV range extender is a system that enables a higher vehicle range to allow long-distance journeys. High growth in the use of commercial and fully electric passenger vehicles to lower CO2 emissions along with superior performance abilities and expandable range is anticipated to stimulate industry growth.

The automotive industry is regarded as the largest oil consumer globally, contributing to increased pollution levels. Governments of several nations have imposed strict regulations on manufacturers to produce zero/low emission vehicles to help lower carbon emission.

On the other hand, governments of emerging nations like India and China are providing incentives to encourage the use of EVs. For example, the Indian government, in August 2018 announced to provide a subsidy of about 20% on the purchase of the latest EVs. However, less mileage range can pose a challenge concerning the consumers since it restricts the total distance covered. To combat this, prominent players like General Motors, Mahle Group, BMW Group, and Volvo Car Corp have introduced extender solutions to enable long-distance journeys by increasing battery capacity.

Please click here to get the sample pdf and find more details on «Electric Vehicle Range Extender Market» Report 2025.

In order to expand their market position and total profitability, major automobile companies are aiming at combining range extenders with their latest models. For example, BMW Group introduced the BMW i3 electric vehicle combined with an extended range solution, which allows customers to travel longer journeys.

Major industry participants are further investing substantial amount in R&D processes to create advanced range extender products for higher battery efficiency and driving range coupled with reduced battery costs. However, rising attention of OEMs to deploy range extender technology in next generation electric vehicle models along with the rising trade disputes between U.S. and China may pose a challenge to Electric Vehicle Range Extender market growth.

Further key findings from the report suggest:

  • North America held the leading market in 2017 due to the presence of prominent manufacturers including Magna International Inc. and General Motors Co. providing fuel cell and ICE range extenders.
  • Governments across Europe are providing various subsidies and rebates to encourage the sales for electric vehicles. However, the scarcity of charging infrastructure compared to increasing sales of EVs, which is likely to stimulate demand.
  • Governments globally are constantly investing in strengthening public transport infrastructure, thus, boosting the demand for commercial EVs. The manufacturing cost of range extenders is less than the cost needed to set up the charging infrastructure.
  • Major players are integrating with electric vehicle manufacturers to produce new technologies that can provide alternative solutions and further deploy extenders in the latest models.

Browse 85 page research report with TOC on «Global Electric Vehicle (EV) Range Extender Market» at: https://www.millioninsights.com/industry-reports/global-electric-vehicle-ev-range-extender-market

Million Insights has segmented the global EV range extender market on the basis of product, vehicle, component, and region:

  • EV Range Extender Product Outlook (Volume, Units, 2015 – 2025)
    • ICErange extender
    • Fuel cellrange extender
    • Others
  • EV Range Extender Vehicle Outlook (Volume, Units, 2015 – 2025)
    • Passenger vehicles
    • Commercial vehicles
  • EV Range Extender Component Outlook (Volume, Units, 2015 – 2025)
    • Battery pack
    • Generator
    • Power converter
    • Electric motor
  • EV Range Extender Regional Outlook (Volume, Units, 2015 – 2025)
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Norway
      • Netherlands
      • Italy
    • Asia Pacific
      • China
      • Japan
      • South Korea

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Electric Vehicle Range Extender Market To Witness 10.2% CAGR By 2025 Owing To Rising Usage of Commercial & Fully Electric Passenger Vehicles To Lower CO2 Emissions | Million Insights

FELTON, Calif., Feb. 3, 2021 /PRNewswire/ — The demand for the global EV range extender market is estimated to be worth 494,083 units by 2025, according to a new report by Million Insights, growing at a CAGR of 10.2% from 2018 to 2025. An EV range extender is a…

FELTON, Calif., Feb. 3, 2021 /PRNewswire/ — The demand for the global EV range extender market is estimated to be worth 494,083 units by 2025, according to a new report by Million Insights, growing at a CAGR of 10.2% from 2018 to 2025. An EV range extender is a system that enables a higher vehicle range to allow long-distance journeys. High growth in the use of commercial and fully electric passenger vehicles to lower CO2 emissions along with superior performance abilities and expandable range is anticipated to stimulate industry growth.

The automotive industry is regarded as the largest oil consumer globally, contributing to increased pollution levels. Governments of several nations have imposed strict regulations on manufacturers to produce zero/low emission vehicles to help lower carbon emission.

On the other hand, governments of emerging nations like India and China are providing incentives to encourage the use of EVs. For example, the Indian government, in August 2018 announced to provide a subsidy of about 20% on the purchase of the latest EVs. However, less mileage range can pose a challenge concerning the consumers since it restricts the total distance covered. To combat this, prominent players like General Motors, Mahle Group, BMW Group, and Volvo Car Corp have introduced extender solutions to enable long-distance journeys by increasing battery capacity.

Please click here to get the sample pdf and find more details on «Electric Vehicle Range Extender Market» Report 2025.

In order to expand their market position and total profitability, major automobile companies are aiming at combining range extenders with their latest models. For example, BMW Group introduced the BMW i3 electric vehicle combined with an extended range solution, which allows customers to travel longer journeys.

Major industry participants are further investing substantial amount in R&D processes to create advanced range extender products for higher battery efficiency and driving range coupled with reduced battery costs. However, rising attention of OEMs to deploy range extender technology in next generation electric vehicle models along with the rising trade disputes between U.S. and China may pose a challenge to Electric Vehicle Range Extender market growth.

Further key findings from the report suggest:

  • North America held the leading market in 2017 due to the presence of prominent manufacturers including Magna International Inc. and General Motors Co. providing fuel cell and ICE range extenders.
  • Governments across Europe are providing various subsidies and rebates to encourage the sales for electric vehicles. However, the scarcity of charging infrastructure compared to increasing sales of EVs, which is likely to stimulate demand.
  • Governments globally are constantly investing in strengthening public transport infrastructure, thus, boosting the demand for commercial EVs. The manufacturing cost of range extenders is less than the cost needed to set up the charging infrastructure.
  • Major players are integrating with electric vehicle manufacturers to produce new technologies that can provide alternative solutions and further deploy extenders in the latest models.

Browse 85 page research report with TOC on «Global Electric Vehicle (EV) Range Extender Market» at: https://www.millioninsights.com/industry-reports/global-electric-vehicle-ev-range-extender-market

Million Insights has segmented the global EV range extender market on the basis of product, vehicle, component, and region:

  • EV Range Extender Product Outlook (Volume, Units, 2015 – 2025)
    • ICErange extender
    • Fuel cellrange extender
    • Others
  • EV Range Extender Vehicle Outlook (Volume, Units, 2015 – 2025)
    • Passenger vehicles
    • Commercial vehicles
  • EV Range Extender Component Outlook (Volume, Units, 2015 – 2025)
    • Battery pack
    • Generator
    • Power converter
    • Electric motor
  • EV Range Extender Regional Outlook (Volume, Units, 2015 – 2025)
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Norway
      • Netherlands
      • Italy
    • Asia Pacific
      • China
      • Japan
      • South Korea

Explore the Latest Press Releases by Million Insights:

  • Capsule Coffee Machine Market – The global capsule coffee machine market size is projected to touch USD 1.78 billion by 2025. It is estimated to ascend with a CAGR of 4.8% over the estimated period, 2019 to 2025. The growing use of single-serve coffee in western nations such as Germany, the U.K., Switzerland and the U.S is driving the market growth.
  • Pore Strips Market – The global pore strips market is projected to reach USD 4.13 billion by 2025. The market is expected to grow at a CAGR of 7.6% over the forecast years, 2019 to 2025. Increasing fashion consciousness and a rise in skin problems owing to growing pollution levels are bolstering the product demand.
  • Coated Paper Market – The global coated paper market is projected to touch USD 34.7 billion by 2025. The market is anticipated to grow at a CAGR of 3.5% from 2019 to 2025. Increasing demand from e-commerce industry for packaging & labeling is driving the market growth. The rapidly growing e-commerce industry is the major driver of this market.
  • Air Freshener Dispenser Market – The global air freshener dispenser market size is anticipated to reach USD 13.1 billion by the end 2025. The market is anticipated to grow at a CAGR of 15.2% during the forecast period, 2019 to 2025. High living standards of consumers along with rising awareness regarding healthy indoor environment are expected to drive the product demand over the forthcoming years.

About Million Insights:

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place, that will enable you to compare data points, before you make a purchase. Enabling informed buying, is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Contact:

Ryan Manuel 
Research Support Specialist, USA
Million Insights
Phone: +1-408-610-2300
Toll Free: 1-866-831-4085
Email: sales@millioninsights.com 
Web: https://www.millioninsights.com/ 
Follow Us: LinkedIn | Twitter

Cision View original content:http://www.prnewswire.com/news-releases/electric-vehicle-range-extender-market-to-witness-10-2-cagr-by-2025-owing-to-rising-usage-of-commercial–fully-electric-passenger-vehicles-to-lower-co2-emissions–million-insights-301220939.html

SOURCE Million Insights

Electric Vehicle Range Extender Market To Witness 10.2% CAGR By 2025 Owing To Rising Usage of Commercial & Fully Electric Passenger Vehicles To Lower CO2 Emissions | Million Insights

FELTON, Calif., Feb. 3, 2021 /PRNewswire/ — The demand for the global EV range extender market is estimated to be worth 494,083 units by 2025, according to a new report by Million Insights, growing at a CAGR of 10.2% from 2018 to 2025. An EV range extender is a…

FELTON, Calif., Feb. 3, 2021 /PRNewswire/ — The demand for the global EV range extender market is estimated to be worth 494,083 units by 2025, according to a new report by Million Insights, growing at a CAGR of 10.2% from 2018 to 2025. An EV range extender is a system that enables a higher vehicle range to allow long-distance journeys. High growth in the use of commercial and fully electric passenger vehicles to lower CO2 emissions along with superior performance abilities and expandable range is anticipated to stimulate industry growth.

The automotive industry is regarded as the largest oil consumer globally, contributing to increased pollution levels. Governments of several nations have imposed strict regulations on manufacturers to produce zero/low emission vehicles to help lower carbon emission.

On the other hand, governments of emerging nations like India and China are providing incentives to encourage the use of EVs. For example, the Indian government, in August 2018 announced to provide a subsidy of about 20% on the purchase of the latest EVs. However, less mileage range can pose a challenge concerning the consumers since it restricts the total distance covered. To combat this, prominent players like General Motors, Mahle Group, BMW Group, and Volvo Car Corp have introduced extender solutions to enable long-distance journeys by increasing battery capacity.

Please click here to get the sample pdf and find more details on «Electric Vehicle Range Extender Market» Report 2025.

In order to expand their market position and total profitability, major automobile companies are aiming at combining range extenders with their latest models. For example, BMW Group introduced the BMW i3 electric vehicle combined with an extended range solution, which allows customers to travel longer journeys.

Major industry participants are further investing substantial amount in R&D processes to create advanced range extender products for higher battery efficiency and driving range coupled with reduced battery costs. However, rising attention of OEMs to deploy range extender technology in next generation electric vehicle models along with the rising trade disputes between U.S. and China may pose a challenge to Electric Vehicle Range Extender market growth.

Further key findings from the report suggest:

  • North America held the leading market in 2017 due to the presence of prominent manufacturers including Magna International Inc. and General Motors Co. providing fuel cell and ICE range extenders.
  • Governments across Europe are providing various subsidies and rebates to encourage the sales for electric vehicles. However, the scarcity of charging infrastructure compared to increasing sales of EVs, which is likely to stimulate demand.
  • Governments globally are constantly investing in strengthening public transport infrastructure, thus, boosting the demand for commercial EVs. The manufacturing cost of range extenders is less than the cost needed to set up the charging infrastructure.
  • Major players are integrating with electric vehicle manufacturers to produce new technologies that can provide alternative solutions and further deploy extenders in the latest models.

Browse 85 page research report with TOC on «Global Electric Vehicle (EV) Range Extender Market» at: https://www.millioninsights.com/industry-reports/global-electric-vehicle-ev-range-extender-market

Million Insights has segmented the global EV range extender market on the basis of product, vehicle, component, and region:

  • EV Range Extender Product Outlook (Volume, Units, 2015 – 2025)
    • ICErange extender
    • Fuel cellrange extender
    • Others
  • EV Range Extender Vehicle Outlook (Volume, Units, 2015 – 2025)
    • Passenger vehicles
    • Commercial vehicles
  • EV Range Extender Component Outlook (Volume, Units, 2015 – 2025)
    • Battery pack
    • Generator
    • Power converter
    • Electric motor
  • EV Range Extender Regional Outlook (Volume, Units, 2015 – 2025)
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Norway
      • Netherlands
      • Italy
    • Asia Pacific
      • China
      • Japan
      • South Korea

Explore the Latest Press Releases by Million Insights:

  • Capsule Coffee Machine Market – The global capsule coffee machine market size is projected to touch USD 1.78 billion by 2025. It is estimated to ascend with a CAGR of 4.8% over the estimated period, 2019 to 2025. The growing use of single-serve coffee in western nations such as Germany, the U.K., Switzerland and the U.S is driving the market growth.
  • Pore Strips Market – The global pore strips market is projected to reach USD 4.13 billion by 2025. The market is expected to grow at a CAGR of 7.6% over the forecast years, 2019 to 2025. Increasing fashion consciousness and a rise in skin problems owing to growing pollution levels are bolstering the product demand.
  • Coated Paper Market – The global coated paper market is projected to touch USD 34.7 billion by 2025. The market is anticipated to grow at a CAGR of 3.5% from 2019 to 2025. Increasing demand from e-commerce industry for packaging & labeling is driving the market growth. The rapidly growing e-commerce industry is the major driver of this market.
  • Air Freshener Dispenser Market – The global air freshener dispenser market size is anticipated to reach USD 13.1 billion by the end 2025. The market is anticipated to grow at a CAGR of 15.2% during the forecast period, 2019 to 2025. High living standards of consumers along with rising awareness regarding healthy indoor environment are expected to drive the product demand over the forthcoming years.

About Million Insights:

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place, that will enable you to compare data points, before you make a purchase. Enabling informed buying, is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Contact:

Ryan Manuel 
Research Support Specialist, USA
Million Insights
Phone: +1-408-610-2300
Toll Free: 1-866-831-4085
Email: sales@millioninsights.com 
Web: https://www.millioninsights.com/ 
Follow Us: LinkedIn | Twitter

Human Horizons HiPhi X Super SUV Wins IDA Gold Award

SHANGHAI, Feb. 3, 2021 /PRNewswire/ — Designed and manufactured by industry-leading new mobility and autonomous-driving research company, Human Horizons, the HiPhi X Super SUV has been recognized by the prestigious International Design Awards (IDA) and awarded a gold prize for design. This marks the first time an electric vehicle has been presented with this award and stands as validation of the company’s focus on quality design.

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SHANGHAI, Feb. 3, 2021 /PRNewswire/ — Designed and manufactured by industry-leading new mobility and autonomous-driving research company, Human Horizons, the HiPhi X Super SUV has been recognized by the prestigious International Design Awards (IDA) and awarded a gold prize for design. This marks the first time an electric vehicle has been presented with this award and stands as validation of the company’s focus on quality design.

HiPhi X is the world’s first production vehicle to adopt Human Horizons’ mass-produced, secure, developer-enabled Human Service-Oriented Architecture (H-SOA) and the first worldwide to be equipped with a 5G-V2X technology network.

«On the basis of practical innovation, IDA focuses on thinking and cultural heritage, promotes unconventional and conceptual ideas. The organization aims to solve life’s problems through innovative design vocabulary, and endows future life with a new look. This is in sync with Human Horizons approach to aesthetic design, direct access to users and genuine products,» said James Shyr, Founding Partner of Human Horizons and HiPhi Global Design Steering Committee.

Founded in 2007, the International Design Awards are one of the most acclaimed design awards in the United States. Every year, thousands of products are reviewed by a team of judges and scored against a number of criteria including innovation, aesthetics, usability, utility, impact, and more. IDA also advocates sustainable design and seeks to be an authority in the use of design as a means of solving tangible problems that positively impact the environment. Sorted into five disciplines of architectural, interior, graphic, fashion, and product design, gold, silver, and bronze awards are given to outstanding entries.

Nicolas Huet, Vice President of HiPhi Design, noted, «the IDA is praising the work from different faculties coming from all over the world. It is extremely inspiring to witness how much creativity is collected in fields such as architecture, fashion, graphic, product… design. It is an honor and a real satisfaction to belong to highest rank of the awardees.»

HiPhi X is the world’s first production vehicle to adopt Human Horizons’ mass-produced, secure, developer-enabled Human Service-Oriented Architecture (H-SOA) and the first worldwide to be equipped with a 5G-V2X technology network. More than 562 sensors are deployed throughout the vehicle, all of which collect, analyze and respond to massive amounts of data on its occupants, the surrounding environment, and a multitude of vehicle parameters. The SUV also contains 307 electronically controlled actuators that, when used with Human Horizons’ custom-developed middleware, enables a truly connected, smart vehicle experience.

The SUV also contains 307 electronically controlled actuators that, when used with Human Horizons’ custom-developed middleware, enables a truly connected, smart vehicle experience.

In addition, H-SOA’s open source software platform and comprehensive development tools empower partners, third-party developers and users to create new dynamic features and scenarios — providing users with a robust, ever-growing application ecosystem.

Visually impressive with its sleek H-SOA supercharged body and unique wing doors, the HiPhi X is carefully designed inside and out. Through principles of ‘design defined by scenarios’ the vehicle blurs the line between a hi-tech new-age electric car and a premium luxury vehicle. The result is a new category of vehicle, TECHLUXE®. In addition to its stunning design, the interior is fitted with sustainable vegan leather and recycled materials which lower the environmental impact of each vehicle.

In terms of performance, the HiPhi X is equipped with dual 220 kW motors at the front and rear, as well as a large-capacity 97 kW hour battery. It can accelerate from 0-100km/h in 3.9 seconds, with a cruising range of 550km, and has a turning circle similar to that of a much smaller car. Bringing together cutting-edge technology, luxury design, and sustainably sourced products, the HiPhi X is gearing up for a breakthrough year in 2021.

About HiPhi

HiPhi is a premium brand created by Human Horizons and enhanced by its users. HiPhi X is an EV with a lightweight hybrid aluminum-steel construction and sustainable vegan leathers and recyclable materials which add to the sustainable nature of Human Horizons’ EV products.

About Human Horizons

Human Horizons is established for R&D in innovative and leading intelligent mobility technologies as well as the industrialization of future-oriented smart vehicles. Furthermore, Human Horizons builds smart transportation technologies and contributes to the development of smart cities, which will redefine human mobility.

HiPhi Logo (PRNewsfoto/Human Horizons)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/human-horizons-hiphi-x-super-suv-wins-ida-gold-award-301221030.html

SOURCE Human Horizons

Human Horizons HiPhi X Super SUV Wins IDA Gold Award

SHANGHAI, Feb. 3, 2021 /PRNewswire/ — Designed and manufactured by industry-leading new mobility and autonomous-driving research company, Human Horizons, the HiPhi X Super SUV has been recognized by the prestigious International Design Awards (IDA) and awarded a gold prize for design. This marks the first time an electric vehicle has been presented with this award and stands as validation of the company’s focus on quality design.

<div class="PRN_ImbeddedAssetReference"…

SHANGHAI, Feb. 3, 2021 /PRNewswire/ — Designed and manufactured by industry-leading new mobility and autonomous-driving research company, Human Horizons, the HiPhi X Super SUV has been recognized by the prestigious International Design Awards (IDA) and awarded a gold prize for design. This marks the first time an electric vehicle has been presented with this award and stands as validation of the company’s focus on quality design.

HiPhi X is the world’s first production vehicle to adopt Human Horizons’ mass-produced, secure, developer-enabled Human Service-Oriented Architecture (H-SOA) and the first worldwide to be equipped with a 5G-V2X technology network.

«On the basis of practical innovation, IDA focuses on thinking and cultural heritage, promotes unconventional and conceptual ideas. The organization aims to solve life’s problems through innovative design vocabulary, and endows future life with a new look. This is in sync with Human Horizons approach to aesthetic design, direct access to users and genuine products,» said James Shyr, Founding Partner of Human Horizons and HiPhi Global Design Steering Committee.

Founded in 2007, the International Design Awards are one of the most acclaimed design awards in the United States. Every year, thousands of products are reviewed by a team of judges and scored against a number of criteria including innovation, aesthetics, usability, utility, impact, and more. IDA also advocates sustainable design and seeks to be an authority in the use of design as a means of solving tangible problems that positively impact the environment. Sorted into five disciplines of architectural, interior, graphic, fashion, and product design, gold, silver, and bronze awards are given to outstanding entries.

Nicolas Huet, Vice President of HiPhi Design, noted, «the IDA is praising the work from different faculties coming from all over the world. It is extremely inspiring to witness how much creativity is collected in fields such as architecture, fashion, graphic, product… design. It is an honor and a real satisfaction to belong to highest rank of the awardees.»

HiPhi X is the world’s first production vehicle to adopt Human Horizons’ mass-produced, secure, developer-enabled Human Service-Oriented Architecture (H-SOA) and the first worldwide to be equipped with a 5G-V2X technology network. More than 562 sensors are deployed throughout the vehicle, all of which collect, analyze and respond to massive amounts of data on its occupants, the surrounding environment, and a multitude of vehicle parameters. The SUV also contains 307 electronically controlled actuators that, when used with Human Horizons’ custom-developed middleware, enables a truly connected, smart vehicle experience.

The SUV also contains 307 electronically controlled actuators that, when used with Human Horizons’ custom-developed middleware, enables a truly connected, smart vehicle experience.

In addition, H-SOA’s open source software platform and comprehensive development tools empower partners, third-party developers and users to create new dynamic features and scenarios — providing users with a robust, ever-growing application ecosystem.

Visually impressive with its sleek H-SOA supercharged body and unique wing doors, the HiPhi X is carefully designed inside and out. Through principles of ‘design defined by scenarios’ the vehicle blurs the line between a hi-tech new-age electric car and a premium luxury vehicle. The result is a new category of vehicle, TECHLUXE®. In addition to its stunning design, the interior is fitted with sustainable vegan leather and recycled materials which lower the environmental impact of each vehicle.

In terms of performance, the HiPhi X is equipped with dual 220 kW motors at the front and rear, as well as a large-capacity 97 kW hour battery. It can accelerate from 0-100km/h in 3.9 seconds, with a cruising range of 550km, and has a turning circle similar to that of a much smaller car. Bringing together cutting-edge technology, luxury design, and sustainably sourced products, the HiPhi X is gearing up for a breakthrough year in 2021.

About HiPhi

HiPhi is a premium brand created by Human Horizons and enhanced by its users. HiPhi X is an EV with a lightweight hybrid aluminum-steel construction and sustainable vegan leathers and recyclable materials which add to the sustainable nature of Human Horizons’ EV products.

About Human Horizons

Human Horizons is established for R&D in innovative and leading intelligent mobility technologies as well as the industrialization of future-oriented smart vehicles. Furthermore, Human Horizons builds smart transportation technologies and contributes to the development of smart cities, which will redefine human mobility.

HiPhi Logo (PRNewsfoto/Human Horizons)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/human-horizons-hiphi-x-super-suv-wins-ida-gold-award-301221030.html

SOURCE Human Horizons