Categoría: Hispanicmotorpress

CNG and LPG Vehicle Market Sales Volume To Reach 102.3 Million Units by 2030: P&S Intelligence

NEW YORK, March 3, 2021 /PRNewswire/ — On a gasoline-equivalent basis, the per-gallon cost of compressed natural gas (CNG) in Europe ranges from $1.50 to $2.80. Compared to diesel and gasoline (petrol), this results in fuel cost savings of up to 75%. This is a key factor that will likely propel the global <a target="_blank"…

NEW YORK, March 3, 2021 /PRNewswire/ — On a gasoline-equivalent basis, the per-gallon cost of compressed natural gas (CNG) in Europe ranges from $1.50 to $2.80. Compared to diesel and gasoline (petrol), this results in fuel cost savings of up to 75%. This is a key factor that will likely propel the global CNG and LPG vehicle market sales volume from 56.2 million units in 2019 to 102.3 million units by 2030, at a 5.9% CAGR between 2020 and 2030, according to P&S Intelligence.

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Similarly, the per-gallon cost of liquefied petroleum gas (LPG) on a gasoline-equivalent basis is $2.00. This leads to almost 50% cost savings for every gallon of fuel. In addition, the CNG and LPG vehicle market is being driven by the lower greenhouse gas emissions of CNG than gasoline and diesel. Similarly, installing an LPG filling station is cheap, and LPG tanks are small, thus leaving more space for passengers and cargo inside the vehicle.

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The COVID-19 pandemic has almost stopped the CNG and LPG vehicle market growth in its tracks, as factory shutdowns have led to a slump in their production. Moreover, with restrictions on non-essential movement, the demand for transportation services has reduced significantly, which is why ride-hailing companies are not purchasing cars currently. Even individuals are not buying automobiles because of the widespread financial distress due to salary cuts and unemployment.

The CNG bifurcation is predicted to keep holding the larger share in the CNG and LPG vehicle market in the coming years, based on fuel type. Due to environmental concerns, the demand for CNG vehicles is growing around the world, especially in the emerging economies of Asia-Pacific (APAC).

Browse detailed report on CNG and LPG Vehicle Market Research Report: By Fuel Type (CNG, LPG), Vehicle Type (Passenger Car, Light and Heavy-Duty Truck, Bus) – Global Industry Analysis and Growth Forecast to 2030 – https://www.psmarketresearch.com/market-analysis/cng-and-lpg-vehicle-market

In the years to come, the bus category will grow the fastest in the CNG and LPG vehicle market, on the basis of vehicle type. With efforts on to reduce the rate of environmental degradation, many countries around the world are including CNG buses in their public transportation fleets. For instance, since December 2002, Delhi Transport Corporation (DTC) has been operating an all-CNG bus fleet, with orders for 1,000 more given in January 2021.

APAC is the largest CNG and LPG vehicle market presently owing to the growing automotive industry of Japan, China, India, and South Korea. The Latin America, Middle East, and Africa (LAMEA) region will witness the fastest increase in the sale of CNG and LPG vehicles in the near future, as the economic growth in Brazil, Mexico, and other developing countries here is allowing people to spend more on automobiles.

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Major players in the global CNG and LPG vehicle market are General Motors Co., Ford Motor Co., Toyota Motor Corporation, Fiat Chrysler Automobiles N.V., Tata Motors Ltd., Honda Motors Co. Ltd., Daimler AG, AB Volvo, Volkswagen AG, and Suzuki Motors Corp.

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Electric Scooter and Motorcycle Market

The Asia-Pacific accounted for the largest share of the electric scooter and motorcycle market in the past and is predicted to maintain its dominance over the market in the years to come as well.

https://www.psmarketresearch.com/market-analysis/electric-scooter-and-motorcycle-market

Electric Truck Market

Geographically, the Asia-Pacific region has emerged as the largest electric truck market in the past and is further is expected to create the largest demand for these trucks in the near future as well.

https://www.psmarketresearch.com/market-analysis/electric-truck-market

About P&S Intelligence

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

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P&S Intelligence
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CNG & LPG Vehicle Market worth 4,389 thousand units by 2026 – Exclusive Report by MarketsandMarkets™

CHICAGO, March 3, 2021 /PRNewswire/ — According to the new market research report «CNG & LPG Vehicle Market by Vehicle Body Type (Passenger Cars, Three-wheelers & Commercial Vehicles) Fuel Type (CNG…

CHICAGO, March 3, 2021 /PRNewswire/ — According to the new market research report «CNG & LPG Vehicle Market by Vehicle Body Type (Passenger Cars, Three-wheelers & Commercial Vehicles) Fuel Type (CNG & LPG), By Kit type (Venturi & Sequential), By Fitting (OE & Aftermarket), by Engine System Type and by Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global CNG and LPG Vehicle Market size is projected to grow from 2,135 thousand units sales in 2021 to reach 4,389 thousand units sales by 2026, at a CAGR of 15.5%.

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Browse in-depth TOC on «CNG & LPG Vehicle Market»

197 – Tables
76 – Figures
257 – Pages

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Factors such as growing demand for cost-efficient commuting and governments supporting low emission vehicles through subsidies & tax rebates have led to automakers adopting to CNG and LPG vehicles and growth of CNG and LPG Vehicle Market.

Growing concerns over increased pollution by the automotive industry is the prime reason government bodies are promoting CNG and LPG vehicle over Petrol or Diesel ones. People have recognized the need for promoting low emission vehicles to reduce the increasing pollution. To attract and encourage people to buy CNG and LPG vehicles, government bodies of different countries are introducing lucrative schemes and incentives that include formidable discounts, lower fuel price, lower vehicle acquisition taxes, lower road taxes for low emission vehicles etc. 

Asia Oceania is expected to be the largest market in the forecast

In this report, the countries considered in the Asia Oceania region are China, Japan, South Korea, India, Thailand, and Indonesia. The region is home to some of the fastest-developing economies of the world, such as China and India. The governments of these emerging economies have recognized the growth potential of the global CNG and LPG Vehicle Market and, hence, have adopted various initiatives to attract major OEMs for the development of CNG and LPG vehicles and required infrastructure in their domestic markets. For instance, CNG and LPG providers have worked with various governments, transportation & logistics companies, and OEMs to offer low-price CNG and LPG fuel to CNG and LPG vehicle drivers. This has led to an increase in low emission vehicle production, which caters to domestic as well as overseas demand. Japan, the US, Canada, Germany, France, India, South Korea, and China, along with many other countries, export CNG and LPG vehicles as well as parts and kit equipment solutions across the globe.

Europe is expected to be the second-largest market during the forecast

For the market analysis, Europe includes Turkey, Italy, Russia, Spain, Germany, France, and the UK. Europe is estimated to account for 25.8% of the global CNG and LPG Vehicle Market in 2020 by value. The top three countries in Europe account for more than 70% of CNG and LPG vehicles sold in the region, with the remaining utilized in the rest 28 countries. In August 2020, Europe had implemented stringent emission regulation standards to reduce the rising emission levels. Several countries in the region are promoting low emission alternate fuel vehicles through significant incentives. The demand for CNG and LPG vehicles has increased significantly due to the focus on zero- or low-emission vehicles in the region. Europe is home to major CNG and LPG vehicle OEMs and kit/parts providers, such as Volkswagen AG, Renault, Tomasetto, Landi Renzo, and Westport Fuel Solutions. Recently, the UK announced plans to phase out petrol/diesel-based vehicles by 2030 and encourage the adoption of EVs and other low emission fuel vehicles. Other European countries have also implemented plans to transition to low emission fuel vehicles in the next decade.

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The Commercial vehicle is expected to be the fastest growing segment in the forecast

Commercial vehicles are motor vehicles used for transporting goods or carrying passengers. Some common types of commercial vehicles include LCVs and HCVs like trucks, buses, semi-trailers, vans, trailers, heavy vehicles, and travel trailers Daimler AG, AB Volvo, Shaanxi Automobile Group, Isuzu Motors, Eicher Motors, and Tata Motors are some of the major OEMs in the segment. These companies develop and sell CNG and LPG commercial vehicles worldwide. The overall operating cost of commercial vehicles can get reduced by 40-45% in some countries by the use of CNG and LPG in place of petrol as fuel. Another reason for the higher demand for CNG and LPG commercial vehicles is that their electric counterparts are not viable for some regions, apart from the low availability of charging stations in many countries. The North American and LPG vehicle market is projected to grow at the highest rate due to efforts by the governments in this region to popularize these vehicles for fleet, taxi, truck, and bus services. Their use is also being encouraged for interstate logistics services.

Key Market Players:

The CNG and LPG Vehicle Market is dominated by players such as Suzuki Motor Corporation (Japan), Honda Motor Company (Japan), Hyundai Motor Group (South Korea), Volkswagen AG (Germany) and Ford Motor Company (US). These companies offer extensive products and solutions for the CNG and LPG vehicle industry; and have CNG strong distribution networks at the global level, and they invest heavily in R&D to develop new products.

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LG Innotek Develops the World’s First Automotive Wi-Fi 6E Module

  • Automotive-qualified near-field, wireless communication components based on Wi-Fi 6E
  • Improved communication performance, durability, and applicability
  • «LG Innotek will accelerate the evolution of in-vehicle infotainment»

SEOUL, South Korea, March 3, 2021 /PRNewswire/ — LG Innotek (CEO Cheol-dong Jeong) announced on March 2nd that it has developed the world’s first automotive Wi-Fi 6E module with next-generation Wi-Fi…

  • Automotive-qualified near-field, wireless communication components based on Wi-Fi 6E
  • Improved communication performance, durability, and applicability
  • «LG Innotek will accelerate the evolution of in-vehicle infotainment»

SEOUL, South Korea, March 3, 2021 /PRNewswire/ — LG Innotek (CEO Cheol-dong Jeong) announced on March 2nd that it has developed the world’s first automotive Wi-Fi 6E module with next-generation Wi-Fi technology.

The automotive Wi-Fi 6E module developed by LG Innotek

Automotive Wi-Fi 6E modules are near-field wireless communication components connecting in-vehicle infotainment (IVI) systems, which control driving information and multimedia content, to internal smart devices and external routers. With the next-generation Wi-Fi 6E (6th Generation Extended) technology using 6GHz bandwidth, the module boasts data transmission speeds approximately 3 times faster than the existing Wi-Fi 5.

This product is a module that combines a communications chipset, a radio frequency (RF) circuit, and other components. The module is mounted on multiple components of a vehicle, including the audio·video·navigation (AVN) system and smart antenna. A passenger can enjoy movies, games, and more on the in-vehicle display or audio system by wirelessly connecting it to a smartphone. The module also allows easier software updates of the automotive navigation system and such.

The company has accumulated development capabilities in automotive communication for many years from 2005. Using this experience, LG Innotek has improved data transceiver performance by the new RF structure and antenna design with minimum communication interference. LG Innotek had continuously proved its advanced technologies in the market. The company previously launched the world’s first 2nd Generation Automotive V2X Full Module, 5G Automotive Communication Module, and a brand-new Digital Key Module with improved accuracy and security.

LG Innotek is executing promotional activities targeting global automotive components suppliers in North America, Europe, Japan, and China. The company expects to commercialize the product in 2022. It especially plans to do joint promotions with Germany’s Infineon Technologies, which supplies Wi-Fi 6E automotive chipsets.

According to Techno Systems Research (TSR), a global market research institute, the demands for automotive Wi-Fi communication modules will grow by 70%, from 51.2 million units in 2020 to 87.3 million units in 2025.

 

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GAC MOTOR Makes a Statement With Grand Opening of Its New Showroom in Jordan, Paving the Way for Deeper Penetration of Middle Eastern Market

GUANGZHOU, China, March 3, 2021 /PRNewswire/ — On February 21, GAC MOTOR officially opened its authorized showroom in Jordan, attracting more than 400 pre-launch test drives. The event also witnessed the first unveiling of the GAC smart key watch to the Jordanian market. The sophisticated and complementary melding of smart wearables with car functions attracted much attention from both the media and consumers alike.

The opening…

GUANGZHOU, China, March 3, 2021 /PRNewswire/ — On February 21, GAC MOTOR officially opened its authorized showroom in Jordan, attracting more than 400 pre-launch test drives. The event also witnessed the first unveiling of the GAC smart key watch to the Jordanian market. The sophisticated and complementary melding of smart wearables with car functions attracted much attention from both the media and consumers alike.

The opening ceremony was conducted in-store and broadcast live globally on the company’s official website and through local official websites and social media. Mr. Nihad, a board member of the ALAYYAN group, and Mr. Zaro, an influential automobile media expert, attended the ceremony. This was the first instance of a global showroom opening streamed live from Jordan.

Mr. NIHAD, a board member of the ALAYYAN group

Mr. NIHAD has exuded complete confidence in the development of GAC MOTOR in Jordan, and said, «We are thrilled with the showroom opening of GAC MOTOR, a leader in the Chinese automotive industry, and is sure to add diversity to the Jordanian market with their high quality and high-value vehicles.»

Jordan is one of the first overseas markets to introduce the GAC smart key watch. With the Smart Key Watch, functions such as controlling car doors, engines and windows can all be easily accomplished, removing the hassle of handling car keys. Additionally, the Smartwatch can also function as a «Smart Manager», monitoring our health and exercise, recording our appointments, becoming our lifestyle secretary, helping us manage our life from the comforts of our wrists.

A trustworthy automobile media expert, Mr. Zaro is deeply respected in Jordan. At the opening ceremony, he gave a comprehensive analysis on GAC MOTOR’s flagship model – the SUV GS8. During the test drive, this car expert was won over by the cross-country capacity that the GS8 exhibits on Jordan’s great variety of surfaces.

With the opening of this authorized store in Jordan, a cornerstone has been established in GAC MOTOR’s far-reaching plans to develop and grow in the Middle East region. Going forward, GAC MOTOR will continue to bring high-quality products and services to Jordan, bringing an enjoyable automotive lifestyle to the Jordanian consumers and winning hearts as a brand of choice.

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Lexus Launches Bold New Aviation-inspired LC 500h Limited Edition

– LC 500h Limited Edition inspired by air-racing aerodynamic technology

– Specially developed rear wing fashioned with carbon fiber for enhanced driving pleasure & superior handling

– Exclusive Black ornamentation used on garnish, grille, rear wing and wheels to create a sharp, taut impression that evokes the image of a powerful bird

– Unique black AlcantaraTM trimmed sport seats with Saddle Tan accents and seat belts

NEW DELHI, MUMBAI and <span…

– LC 500h Limited Edition inspired by air-racing aerodynamic technology

– Specially developed rear wing fashioned with carbon fiber for enhanced driving pleasure & superior handling

– Exclusive Black ornamentation used on garnish, grille, rear wing and wheels to create a sharp, taut impression that evokes the image of a powerful bird

– Unique black AlcantaraTM trimmed sport seats with Saddle Tan accents and seat belts

NEW DELHI, MUMBAI and BANGALORE, India, March 3, 2021 /PRNewswire/ — Lexus India has launched a limited-edition model of its sports coupe- the LC 500h. Inspired by the graceful flight of birds and airplanes, this special edition focuses on a refined aerodynamic performance that aims to elevate sense of driving.

The new LC Limited Edition is inspired by a partnership between air race pilot Yoshihide Muroya and Lexus engineers. The Lexus team worked on different ways to create efficiencies for Muroya’s aircraft, from refining the grip design of the control column to maximizing aerodynamics efficiencies using testing data learned on Lexus automobiles. The partnership ultimately assisted Muroya on his path to winning the 2017 Red Bull Air Race World Championships.

With a team consisting some of the same engineers who built the Lexus LFA supercar on board, Lexus took a unique approach by turning a preconceived concept on its head – literally. They found that taking an airplane wing and flipping it upside down improved maneuverability and efficiency at the wingtips. This led to the creation of an exquisite carbon-fiber reinforced plastic (CFRP) rear wing that realizes greater steering responsiveness and stability without disrupting the LC’s inherent vehicle stability. The LC 500h Limited Edition meets the demanding production quality expected of Lexus vehicles and offers a captivating design in harmony with exhilarating performance.

  • The LC 500h Limited Edition is available in three striking colours that accentuate the design of the vehicle – White Nova Glass Flake, Sonic Silver, and Black.
  • The interiors are adorned with Black AlcantaraTM trimmed seats that feature elegant Saddle Tan accents and seat belts.
  • The steering wheel, shift lever and door trims are also accented in Black AlcantaraTM trim.
  • An exclusive carbon-fiber scuff plate integrates the LC silhouette and lettering that reads «LC Limited Edition» & «LEXUS».
  • A sporty & aggressively styled 21-inch forged wheel, exclusive to the LC Limited Edition, aids in lower drag co-efficient with the same level of rigidity.

Commenting on the launch, Mr. P. B. Venugopal, President of Lexus India, said, «We are very excited to announce the addition of the exclusive limited edition of the LC 500h. With its bold, aviation-inspired design language, we are confident that it will be well received by our discerning guests who value and appreciate the quality of finer things in life.»

The LC 500h Limited Edition will be available at a starting price of INR  2,15,60,000.

The LC 500 Convertible was named the Best Luxury Car of 2021 in the Women’s World Car of the Year (WWCOTY) awards.

The model is among nine category winners recognized for their excellence in their segment, taking into account qualities including design, safety and comfort as key factors. As a category winner, it now goes forward for consideration for the Best Car of the Year title, to be announced by WWCOTY on 8 March, International Women’s Day.

ABOUT LEXUS

Lexus launched in 1989 with a flagship sedan and a guest experience that helped define the premium automotive industry. In 1998, Lexus introduced the luxury crossover category with the launch of the Lexus RX. The luxury hybrid sales leader, Lexus delivered the world’s first luxury hybrid and has since sold over 1.5 million hybrid vehicles. A global luxury automotive brand with an unwavering commitment to bold, uncompromising design, exceptional craftsmanship, and exhilarating performance, Lexus has developed its lineup to meet the needs of the next generation of global luxury guests and is currently available in over 90 countries worldwide. Lexus associates/team members across the world are dedicated to crafting amazing experiences that are uniquely Lexus, and that excite and change the world.

Website: www.lexusindia.co.in

Facebook: @LexusIndia

Instagram: @lexus_india

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5000 Electric Bikes, pre-booked within 4 days of Kabira Mobility KM3000 & KM4000 launch

– Kabira Mobility had launched its Two Flagship Electric Bikes KM3000 & KM4000 earlier this Month

– These Products had received an overwhelming response and were booked completely in less than 96 hours.

– Kabira Mobility had earlier targeted 5000 Bookings, however the total bookings had reached to 6100 by the end of 28th February 2021

– Pre-bookings are currently out of stock and will resume shortly

–  Test Rides for Professional Bikers and enthusiasts will start from 15th…

– Kabira Mobility had launched its Two Flagship Electric Bikes KM3000 & KM4000 earlier this Month

– These Products had received an overwhelming response and were booked completely in less than 96 hours.

– Kabira Mobility had earlier targeted 5000 Bookings, however the total bookings had reached to 6100 by the end of 28th February 2021

– Pre-bookings are currently out of stock and will resume shortly

–  Test Rides for Professional Bikers and enthusiasts will start from 15th March 2021 on registration basis

VERNA, India, March 3, 2021 /PRNewswire/ — Kabira Mobility, an Electric Vehicle Start-up, announced that the First Round of Limited Pre-booking of its Two Flagship Electric Bikes KM3000 & KM4000 is finished within 04 Days. 

The Pre-booking of KM3000 & KM4000 started on 25th February and had received an overwhelming response from the customers, by the end of 28th February Kabira Mobility had received 6100 Pre-bookings crossing the Target of 5000 in Record Time.

KM3000 and KM4000 were the Flagship Electric Bikes launched by Kabira Mobility earlier this month. These Electric Bikes are the Fastest and Electric Bike with the Longest Range in India. 

The Pre-booking Engine is now Closed and will be reopened again shortly. 

Meanwhile, Users can still register for the Test Rides of these bikes which are Starting from 01st April 2021 and will be available in Major Cities, the Exact Schedule will be announced shortly. Kabira Mobility will also be offering Test Drives to Professional Riders and Enthusiasts starting from 15th March 2021.

The Delivery of these Bikes is Scheduled from 01st May 2021, in Select Tier – I Cities across India. To meet the Distribution Challenge, Kabira Mobility is aiming at opening Authorised Dealerships across Major Tier 1 Cities by the end of April – 2021 and Major Tier 2 Cities in South India.

 «With the Launch of KM3000 & KM4000, we are moving one step closer towards our Dream of Emission Free Mobility and our Community has shown their Trust, Support & Dedication towards achieving our common Goal», said Mr Jaibir Siwach, CEO of Kabira Mobility.

About Kabira Mobility Kabira Mobility, an Electric Vehicle Start-up had started its journey in 2017 by a team of Engineers with a Vision of Redefining Urban Mobility. At Kabira Mobility, our Goal is to design Solutions aimed towards different personas of Indian Market.

Kabira Mobility had Unveiled 06 Electric Scooters aimed towards different Segments during Auto Expo 2020, which were then launched for the General Public during June 2020 through its Flagship Retail Network, HelloEV Store which is expanding across Major Tier-1 Cities in the Nation. In February 2021, Kabira Mobility had Launched its Highly Anticipated Electric Bikes KM3000 and KM4000 for the Nation.

Kabira Mobility has 02 Manufacturing Plants in Goa and Dharwad with a Scalable Capacity of 20,000 Units per Month. Its 03rd Manufacturing Plant, which will be functional from April 2021 will become the Largest E2W Manufacturing Plant in India with a Manufacturing Capacity of 75000 Units per Month.

For More information please visit our webpage, www.kabiramobility.com or follow us on our Social Media Handles

  1. Facebook: www.facebook.com/kabiramobility
  2. Instagram: www.instagram.com/kabiramobility
  3. Twitter: www.twitter.com/kabiramobility
     

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Nexteer Expands Driveline Portfolio for Electric Vehicles

  • Seven Technologies Tailored to Unique Demands of EVs
  • Enhances Durability, Efficiency & Optimizes NVH Performance

AUBURN HILLS, Mich., March 3, 2021 /PRNewswire/ — Nexteer Automotive, a leader in intuitive motion control, continues expanding its Driveline portfolio with new Halfshaft technologies that are tailored to meet the unique demands of electric vehicles (EVs).

…

  • Seven Technologies Tailored to Unique Demands of EVs
  • Enhances Durability, Efficiency & Optimizes NVH Performance

AUBURN HILLS, Mich., March 3, 2021 /PRNewswire/ — Nexteer Automotive, a leader in intuitive motion control, continues expanding its Driveline portfolio with new Halfshaft technologies that are tailored to meet the unique demands of electric vehicles (EVs).

Nexteer’s Halfshaft technologies solve EV challenges by enhancing durability and efficiency while optimizing noise, vibration and harshness (NVH) performance and low mass.

Unlike internal combustion engine (ICE) vehicles, EV architectures utilize Electric Drive Units (EDUs) integrated into the front axle for front wheel drive (FWD), the rear axle for rear wheel drive (RWD) or both for all wheel drive operation (AWD). While ICE vehicles often used a variety of Driveline technologies, EVs rely on Halfshafts for the critical task of transmitting torque from the EDU’s to the wheels.

«The global automotive industry’s commitment to electrification continues to increase, and Nexteer’s Driveline innovations help overcome automakers’ EV challenges so they can create comfortable and durable electric vehicles to achieve consumer preferences across global markets,» said Robin Milavec, Senior Vice President, Executive Board Director, Chief Technology Officer (CTO) and Chief Strategy Officer (CSO), Nexteer Automotive. «Our vast experience with Driveline and our commitment to relentless innovation make Nexteer a preferred technology partner as OEM customers work to meet the unique needs of EVs.»

Nexteer’s Driveline technologies include:

  • Parametric Trunnion Tripot: Increases durability life by 100%, which enables the use of smaller, lighter joints.
  • TriGlide Shudderless Tripot: Achieves industry-leading NVH performance for a shudderless tripot.
  • Ball Spline Axle Halfshaft: A unique Halfshaft solution that provides expanded plunge / angle capabilities, expanded durability and unmatched NVH performance even at ultra-high operating angles.
  • Monobloc Tubular Shaft: Enables lower mass and increased torsional stiffness for RWD and FWD ICE and EV applications with one-piece tubular axle shafts.
  • CrossGlide 8-Ball Plunging Joint: Provides ideal NVH characteristics, lower mass and smaller package size for RWD EV applications.
  • High Efficiency Fixed Center 8-Ball Joint: Delivers a 50% reduction in mechanical efficiency loss in the Driveline while providing a reduced package size and reduced mass for FWD, RWD and AWD EV applications.
  • 52 Degree CV Joint: Expands capability of standard undercut free (UF) style outboard (OB) joint to 52 degrees.

«Nexteer’s portfolio of Halfshaft technologies are essential to transferring and controlling power from an EV’s Drive Unit to its wheels – providing a smooth ride, increasing control and limiting disturbances for drivers and passengers. We are proud to support automakers as they drive toward a more electric future,» said Milavec.

ABOUT NEXTEER

Nexteer Automotive (HK 1316), a global leader in intuitive motion control, is a multi-billion dollar global steering and driveline business delivering electric and hydraulic power steering systems, steering columns, driveline systems, as well as advanced driver assistance systems (ADAS) and automated driving enabling technologies for original equipment manufacturers (OEMs). The company has 27 manufacturing plants, four technical and software centers and 13 customer service centers strategically located in North and South America, Europe, Asia and Africa. The company serves more than 60 customers in every major region of the world including BMW, Ford, GM, Stellantis, Toyota and VW, as well as automakers in India and China. www.nexteer.com

Links to Nexteer Media Center and Driveline Images

Mobility Leaders Prioritize Data Management, Protection, and Privacy While Enabling Users and Providers to Exchange and Monetize Their Most Valuable Digital Commodity

Technology and mobility leaders like DENSO, Ford, and General Motors (GM) join forces with MOBI to co-create industry-wide blockchain-based standards that enable the secure exchange of data for a smarter mobility future

SINGAPORE, March 2, 2021 /PRNewswire/ — What if cars could communicate with each other to avoid imminent crashes and use shared data to prevent future accidents while preserving the drivers’ privacy? What if you could use one app with a single payment platform…

Technology and mobility leaders like DENSO, Ford, and General Motors (GM) join forces with MOBI to co-create industry-wide blockchain-based standards that enable the secure exchange of data for a smarter mobility future

SINGAPORE, March 2, 2021 /PRNewswire/ — What if cars could communicate with each other to avoid imminent crashes and use shared data to prevent future accidents while preserving the drivers’ privacy? What if you could use one app with a single payment platform to securely coordinate and integrate all of your daily commute needs? What if navigation apps need your permission to track your mobility preferences, or better yet, pay you? Mobility is becoming increasingly connected and intelligent, which in turn creates a nearly infinite amount of valuable data that, if shared securely, could save lives and improve mobility ecosystems at every level. Mobility Open Blockchain Initiative (MOBI) members, such as DENSO, Ford, and GM, are among many that teamed up to create standards for permissioning, validating, and sharing data in automation networks for connected mobility.

The MOBI Connected Mobility Data Marketplace (CMDM) Working Group releases standards today to enable a marketplace that could securely commodify mobility data and ensure data privacy for mobility users. The CMDM Standards include core services, logical schemas, and sensor identity/ownership certificates. These three components will enable frictionless data sharing to establish communication and collaboration between the data silos of Mobility Service Providers, while maintaining high standards of data privacy and security for all users.

«This framework gives mobility providers valuable guidance on how we can all work together to make transportation safer, smarter and more efficient,» said Roger Berg, Vice President of North American Research and Development at DENSO. «Sharing data, securely and through common standards, can unlock a vast array of positive mobility outcomes, from accident reduction to privacy protection to improving traffic flow.»  

The Working Group is co-chaired by DENSO and GM, with support from Accenture, AMO Labs, Cognizant, Constellation Network, Continental, CPChain, DMX, Fifth9, Filament, Ford, IBM, NuCypher, Ocean Protocol, RouteOne, ShareRing, Swedish Blockchain Association, and Toyota Insurance Management Solutions (TIMS).

Trust in data, its provenance, and chain of custody are essential for value creation in business ecosystems. Centralized databases, of the type that currently assign identities and rights on the internet, provide an attractive target for malicious actors and make networks vulnerable to attack and fraud, exposing individual and business data. Blockchain emerged as a solution to these issues and is being adopted by ecosystems such as connected mobility in order to securely share data and protect users’ data privacy.

«For connected mobility data to be efficiently shared, there must be a functioning marketplace for discovery, permission, exchange, and pricing,» said MOBI Co-Founder and COO, Tram Vo. «The standards from the MOBI CMDM Working Group lay the foundation for a secure and viable market.»

Maximizing passenger safety and transportation efficiency requires that vehicle-to-anything (V2X) data be shared and processed locally in near real-time at the «edge» of the network. Edge computing has been a large focus for the distributed computing community, and MOBI believes that the widespread growth of connected and autonomous vehicles represents one of the most exciting and impactful opportunities for a data marketplace, providing speed, cost savings, and new revenue opportunities.

The Working Group explored practical use cases that center around vehicle data generation, ensuring data provenance, and securely sharing data with peers (such as other vehicles and infrastructure). These use cases include:

  • V2X data exchange 
  • Geo-location cross validation
  • Multimodal trip planning through easy, interoperable, and secure sharing of data
  • Coordination between autonomous vehicles, big data, and edge computing that would increase traffic safety and efficiency

CMDM Standards are the first step to ensure data privacy in data exchange and efficient data marketplaces for mobility ecosystems. The standards do not prescribe governance models, but instead prescribe functionalities that can be applied to many governance models in a decentralized marketplace. All MOBI Standards are intended to be GDPR compliant. We do not prescribe specific aspects of GDPR and other privacy regulations such as California Consumer Privacy Act (CCPA), which are left up to the application developers. MOBI and its members hope that the CMDM standards, together with other MOBI standards for blockchain applications in mobility, will promote data privacy, reduce frictional inefficiencies, improve mobility services, and enable new business models.

About MOBI
MOBI is a nonprofit alliance of many of the world’s largest vehicle manufacturers, along with startups, NGOs, transit agencies, insurers, toll road providers, smart city leaders, and technology companies working to accelerate adoption and promote standards in blockchain, distributed ledgers, and related technologies.

MOBI is creating simple blockchain-based standards to identify vehicles, people, and businesses in order to securely exchange and monetize data, and pay for mobility services, with the goal of making transportation more efficient, affordable, greener, safer, and less congested.  MOBI itself is technology and ledger agnostic.  For additional information about joining MOBI, please reach out to Griffin Haskins (griffin@dlt.mobi) or visit www.dlt.mobi.

Media Contact:
Kelly Clark, MOBI Communications Manager
Email: Kelly@dlt.mobi | Twitter: @dltMOBI

Qatar Gears Up to Host Two MotoGP Races With Dazzling Display

DOHA, Qatar, March 2, 2021 /PRNewswire/ — With just over one month until Qatar kicks-off the 2021 FIM MotoGP™ World Championship season, a daring rider performed for the cameras outside the country’s iconic Museum of Islamic Art to mark the occasion.

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DOHA, Qatar, March 2, 2021 /PRNewswire/ — With just over one month until Qatar kicks-off the 2021 FIM MotoGP™ World Championship season, a daring rider performed for the cameras outside the country’s iconic Museum of Islamic Art to mark the occasion.

The Qatari rider, Mashel Al-Naimi, and Qatar National Tourism Council (QNTC) put on the display to raise awareness of the forthcoming races at the world-famous Losail International Circuit.

Running from 26 March to 4 April, the fixture is one of the most spectacular events on the motoracing calendar, with the world’s best motorcycling talent taking to the floodlit track for unique night-time races. This year’s event will be live on TV but have no spectators present due to COVID-19.

Secretary General of Qatar National Tourism Council and Group Chief Executive of Qatar Airways, His Excellency Mr. Akbar Al Baker, said: «The Grand Prix of Qatar and Doha MotoGP are key events in our sporting calendar and fans have flocked to Doha for the thrilling night races since 2004. We are thrilled to be hosting the events again this year.

«Welcoming exceptional talent and visitors to prominent global sporting events helps cement Qatar as a major tourism destination. We look forward to opening our borders later this year to showcase our incredible sporting facilities and offer our renowned hospitality to international visitors.»

The MotoGP is just one of the exciting sporting events taking place in Qatar this year, as the country looks to position itself as a key sports tourism destination ahead of hosting the FIFA World Cup Qatar 2022™. Other key sporting events include FIFA Arab Cup™, Qatar Total Open, Qatar ExxonMobil Open and the international golf tournament, the Commercial Bank Qatar Masters 2021.

In line with the Qatar National Vision 2030, QNTC has continued to invest in improving the country’s appeal to a range of travellers, including sports fans. With the ambition to provide only the best hospitality and comfort to sportspeople and spectators during their time in the country, QNTC is currently overseeing a number of large-scale projects and developments, including bolstering the quantity of hotel rooms available within the country.

One development is Qetaifan Island North, a project that combines sustainable development with sports-focused activities. The resort, which is a short drive from the Losail International Circuit, features a hotel and residential complex, an extensive shopping plaza and a state-of-the-art waterpark, which will be home to the world’s highest waterslide of its kind.

To find out more information on the MotoGP event in March, please visit grandprixqatar.com

For media-related inquiries, please contact QNTC’s Press Office at: 

+974 7034 8963 | media@visitqatar.qa  

About Qatar National Tourism Council (QNTC)

Qatar National Tourism Council’s mission is to firmly establish Qatar as a place where cultural authenticity meets modernity, and where people of the world come together to experience unique offerings in culture, sports, business and family entertainment.

QNTC’s work is guided by the Qatar National Tourism Sector Strategy (QNTSS), which seeks to diversify the country’s tourism offering and increase visitor spending.

Since launching QNTSS, Qatar has welcomed over 14 million visitors. The economic impact of the tourism sector in Qatar is becoming increasingly visible with the government designating tourism in 2017 a priority sector in pursuit of a more diverse economy and more active private sector. 

Web: www.visitqatar.qa

Twitter: @NTC_Qatar

LinkedIn: Qatar National Tourism Council

Key 2021 Qatar MotoGP dates:

MotoGP class Shakedown – 5, 6, 7 March

MotoGP class Official Test – 10, 11 and 12 March

Asia Talent Cup Official Test – 19 and 20 March

Grand Prix of Qatar – 26, 27 and 28 March

Grand Prix of Doha – 2, 3 and 4 April

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Volvo Cars launches new, pure electric Volvo C40 Recharge

GOTHENBURG, Sweden, March 2, 2021 /PRNewswire/ — The future of Volvo Cars is electric and the new Volvo C40 Recharge is the latest manifestation of its commitment to a zero emission future.

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GOTHENBURG, Sweden, March 2, 2021 /PRNewswire/ — The future of Volvo Cars is electric and the new Volvo C40 Recharge is the latest manifestation of its commitment to a zero emission future.

Volvo Cars launches new, pure electric Volvo C40 Recharge

The C40 Recharge has all the benefits of an SUV but with a lower and sleeker design. It is based on the CMA vehicle platform and the first Volvo model in history designed as pure electric only.

Following the introduction of the XC40 Recharge and now the C40 Recharge, Volvo Cars will roll out several additional electric models in coming years.

Already by 2025, it aims for 50 per cent of its global sales volume to consist of fully electric cars, with the rest hybrids. By 2030, it plans for every car it sells to be pure electric.

«The C40 Recharge represents the future of Volvo and shows where we are going,» said Henrik Green, chief technology officer. «It is fully electric, offered online only with a convenient care package and will be available for quick delivery. Getting a new Volvo was never this attractive.»

The rear of the C40 Recharge features a striking rear-end design to go with the lower roof line, while the new front design introduces a new face for electric Volvos and includes head lights with state-of-the-art pixel-technology.

Inside, the C40 Recharge provides customers with the high seating position that most Volvo drivers prefer, while it is available with a range of colour and deco options unique to the model. It is also the first Volvo model to be completely leather-free.

Like the XC40 Recharge, the C40 Recharge comes with one of the best infotainment systems on the market, jointly developed with Google and based on the Android operating system. It provides consumers with Google apps and services built-in, such as Google Maps, Google Assistant and the Google Play Store*.

Unlimited data enables superior connectivity and the C40 Recharge will receive software updates over the air. That means it will continue to improve over time after it has left the factory.

The propulsion consists of twin electric motors, one on the front and one on the rear axle, powered by a 78kWh battery that can be fast-charged to 80 per cent in about 40 minutes*. It offers an anticipated range of around 420 km*, which is expected to improve over time via over-the-air software updates.

As announced earlier today, the fully electric C40 Recharge will be available online only. In line with its ambition of reducing complexity in its model offering and focus on attractive pre-selected variants, Volvo Cars has drastically simplified the consumer offering of the C40 Recharge.

When customers get a new C40 Recharge, it will come with a convenient care package that includes items such as service, warranty, roadside assistance, as well as insurance and home charging options*.

The C40 Recharge will go in production this fall and will be built alongside the XC40 Recharge at the Volvo Cars manufacturing plant in Ghent, Belgium.

Notes to editors

  • Described features might be optional. Vehicle specifications and the exact customer offer may vary from one country to another, or not (yet) be available in all markets.
  • Charging times are dependent on factors such as outdoor temperature, current battery temperature, charging equipment, battery condition and car condition.
  • Range according to the realistic WLTP driving cycle under controlled conditions for a new car. Real-world range may vary. Figures are based on preliminary target. Final vehicle certification pending.
  • Consumer information available at https://www.volvocars.com/intl/v/cars/c40-electric

Volvo Car Group in 2020
For the 2020 financial year, Volvo Car Group recorded an operating profit of 8.5 BSEK (14.3 BSEK in 2019). Revenue over the period amounted to 262.8 BSEK (274.1 BSEK). For the full year of 2020, global sales reached 661,713 cars (705,452), a decline of 6.2 per cent compared to 2019.

About Volvo Car Group 
Volvo Cars was founded in 1927. Today, it is one of the most well-known and respected car brands in the world with sales of 661,713 cars in 2020 in about 100 countries. Volvo Cars has been under the ownership of the Zhejiang Geely Holding since 2010.

As of December 2020, Volvo Cars employed approximately 40,000 (41,500) full-time employees. Volvo Cars head office, product development, marketing and administration functions are mainly located in Gothenburg, Sweden. Volvo Cars head office for APAC is located in Shanghai. The company’s main car production plants are located in Gothenburg (Sweden), Ghent (Belgium), South Carolina (US), Chengdu and Daqing (China), while engines are manufactured in Skövde (Sweden) and Zhangjiakou (China) and body components in Olofström (Sweden).

Under its new company purpose, Volvo Cars aims to provide customers with the Freedom to Move in a personal, sustainable and safe way. This purpose is reflected into a number of business ambitions: for example, by the middle of this decade it aims for half of its global sales to be fully electric cars and to establish five million direct consumer relationships. Volvo Cars is also committed to an ongoing reduction of its carbon footprint, with the ambition to be a climate-neutral company by 2040.

For more info, please contact:
Volvo Cars Media Relations 
Phone: +46 31-596525 
media@volvocars.com

Volvo Cars launches new, pure electric Volvo C40 Recharge

 

 

Volvo Cars launches new, pure electric Volvo C40 Recharge

 

 

Volvo Cars launches new, pure electric Volvo C40 Recharge

 

Volvo Cars launches new, pure electric Volvo C40 Recharge

 

 

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