Parking Management Market worth $5.4 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Oct. 6, 2020 /PRNewswire/ — According to the new market research report «Parking Management Market by Offering (Solutions (Parking Guidance, Parking Reservation Management, Parking Permit Management) and Services), Deployment Type, Parking Site (Off-street and On-street), and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the…

CHICAGO, Oct. 6, 2020 /PRNewswire/ — According to the new market research report «Parking Management Market by Offering (Solutions (Parking Guidance, Parking Reservation Management, Parking Permit Management) and Services), Deployment Type, Parking Site (Off-street and On-street), and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the Parking Management Market size to grow from USD 3.8 billion in 2020 to USD 5.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period. Parking management solutions have spurred tremendous growth opportunities for technology vendors and various associated service providers.

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With the growing number of government initiatives toward the development of smart cities, parking management vendors taking center stage; technology providers and consultants have aggressively started simulating innovative solutions based on conceptual modules for the designing and development of urban infrastructure.

Browse in-depth TOC on «Parking Management Market»

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237 – Pages

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Expanding urban agglomerations and predictions for a rapid rise in urban population over the next decade further enunciates the need for adequate parking management solutions. However, factors such as lack of high implementation costs, data security and privacy issues related to IoT devices, and disruption in logistics and supply chain of IoT devices, have posed major challenges for the Parking Management Market, globally.

The solutions segment to hold a larger market size during the forecast period

Based on offering, the solutions segment of the Parking Management Market is projected to hold a larger market size during the forecast period. The solutions segment in the Parking Management Market comprises six major components, viz., parking guidance solution, parking reservation management, parking permit management, parking enforcement management, Parking Access and Revenue Control (PARC), parking security and surveillance, and parking analytics. The growth of this segment can be attributed to the rising adoption of advanced technologies, such as Artificial Intelligence (AI), IoT, and cloud and the increasing traffic congestion on the road due to irregular parking practices.

By parking site, off-street parking segment to record a higher growth rate during the forecast period

Off-street parking refers to parking facilities that are made available by parking operators in various areas, such as parking lots, garages, or private driveways in shopping malls, commercial buildings, hotels, and residential buildings. Off-street parking sites are highly effective in terms of vehicle holding capabilities and are generally controlled by commercial agencies. Off-street parking involves proper designing and construction to provide a safe and secure vehicle parking experience for drivers. The segment focuses on ensuring security, pre-booking of parking spots, and parking fee management. This segment has witnessed several innovations to enable efficient parking; for instance, nowadays, advanced garages are equipped with robotic valet systems that help in parking management. Off-street parking solutions are expected to experience a high growth rate due to the huge investments by authorities in multi-level parking, and also by the private sector in its parking facilities.

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Asia Pacific to record the highest growth during the forecast period

The APAC Parking Management Market is estimated to have strong growth in the future. The APAC region is witnessing high growth due to increasing global competition, growing penetration of smart devices, connected machines, and rising investments in smart cities. This region comprises more than 40% of the world’s population and has some of the fastest-growing economies. Urbanization is on the rise in several countries across the region. According to the UN database, around 2.5 billion people are expected to move to urban areas from 2018 to 2050, and 90% of urbanization is expected to happen in Asia and Africa. Thus, APAC is a current hotspot of the Parking Management Market and attracts many companies.

Market Players

Major vendors in the Parking Management Marketinclude GROUP Indigo (France), Amano (Japan),  Siemens (Germany), Bosch Group (Germany), Conduent (US), APCOA PARKING (US), Precise ParkLink (Canada), SWARCO (Austria), SKIDATA (Austria), T2 Systems (US), FlashParking (US), Passport Labs (US), Flowbird Group (France), ParkMobile (US), SpotHero (US), Get My Parking (India), INRIX (US),  IPS Group (US), Smart Parking (Australia), Chetu (US), TIBA Parking Systems (US), Q-Free (Norway), Streetline(US), ParkOffice (US), Urbiotica (Spain), and CivicSmart (US).

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Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting

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Visitor Management System Market by Component (Software and Services), Application (Security Management, Historical Visitor Tracking, and Parking Management), Deployment Mode, Organization Size, Industry Vertical, and Region – Global Forecast to 2025
https://www.marketsandmarkets.com/Market-Reports/visitor-management-system-market-101431341.html

Fleet Management Market by Solution (Operations Management, Vehicle Maintenance and Diagnostics, Performance Management, Fleet Analytics and Reporting), Service (Professional and Managed), Deployment Type, Fleet Type, and Region – Global Forecast to 2025
https://www.marketsandmarkets.com/Market-Reports/fleet-management-systems-market-1020.html

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Beat Invests In A Greener Future: The First And Largest Private All Electric Fleet In LATAM

An electric fleet for all passengers that sets their hearts on an experience that transcends the limits of simply moving from point A to point B

ATHENS, Greece, Oct. 6, 2020 /PRNewswire/ — Beat, the fastest growing ride-hailing app in Latin America, is very excited to announce today the launch of Beat Tesla

An electric fleet for all passengers that sets their hearts on an experience that transcends the limits of simply moving from point A to point B

ATHENS, Greece, Oct. 6, 2020 /PRNewswire/ — Beat, the fastest growing ride-hailing app in Latin America, is very excited to announce today the launch of Beat Tesla service, the first and largest private all electric fleet of Tesla 3 cars in Latin America, offering a premium full-on tech transportation solution for passengers in Mexico City. This service offers unique and unbeatable in-ride experience while supporting a sustainable future with its zero carbon emission rides.

Beat Tesla service can be now found on the streets of Mexico City!

Beat has an ongoing commitment to grow and evolve with the sole purpose of constantly offering new services and solutions based on customer needs. The company is now gazing into the future, taking the next step into providing new possibilities to a constantly changing world, making this launch the most relevant one yet.

Shaping the future
With Beat Tesla service, Beat reinforces its commitment to sustainable mobility and enhances its goal to meet current needs without compromising the ability of future generations to meet their own. The new innovative service offers all tech-savvy early adopters and all passengers that don’t want to compromise luxury and comfort, a premium solution to navigate through their everyday transportation needs.

Beat Tesla drivers have been properly trained to ensure a unique customer experience from pick up to drop off. The real-time monitoring of every ride utilizing the car’s cameras to record exterior and interior footage ensures a flawless, safe  and stress-free riding experience.

«What does the future of mobility hold in the store for us? We believe that transportation in the modern cities should get electrified, building a more sustainable environment and  supporting the fight against climate change. Technology can and should be used in order to upgrade our everyday life. A greener future is upon us and we do our part starting today by introducing a service consisting exclusively of Tesla electric cars. We reaffirm our commitment to a more sustainable future that has become a core element of our corporate strategy,» says Sanja Ilic,  Chief Operations Officer at Beat.

Beat Tesla, which will be available in key districts of Mexico City, is the experience that all visionaries want to encounter. This is a service for technophiles that want to enjoy noise-free, fun rides with the in-car entertainment system. A safe, stress-free experience offering the luxury of enjoying the ride and making the most of your time while going from A to B by answering emails, joining a conference call and staying connected at all times.

«We want to be able to offer a complete array of options and services that best suit individuals’ needs. We want passengers to be able to choose how they arrive at their destination choosing between our core service or Beat Tesla. This reinforces our commitment to providing transportation options for all passengers’ needs while using all the technological arrows in our quiver», said Mauricio López, General Manager at Beat Mexico. 

Start by simply downloading the app from your iOs or Android device. Create a personal account, request your Beat Tesla and ride away to a greener future, one ride at a time.

Visit Beat Tesla to find out more about the service and follow us on LinkedIn, Facebook and Twitter for more updates.

#BeatTesla #WhereNext

About Beat
Beat creates a new ride experience by connecting thousands of passengers with nearby available drivers in real-time. Through the app, you can request a driver 24/7. Beat is more than an app that takes you from A to B. We exist to build technology for a better urban life, to become part of people’s life by making transportation in the city more affordable, efficient and safe, while providing economic opportunities to anyone. The company was founded in 2011 and is part of the FREE NOW group, the ride-hailing joint venture of BMW and Daimler. Beat is currently available in Greece, Peru, Chile, Colombia, Mexico, Argentina, with plans to expand to more cities in Latin America, and has a Tech Innovation and Engineering Hub in The Netherlands.

For more information, please visit thebeat.co.

Find us on:
Facebook: facebook.com/TheBeatApp 
Twitter: twitter.com/thebeatapp 
Linkedin: linkedin.com/company/thebeatapp 
Medium: build.thebeat.co 

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Growing Focus of Players in Automotive Wheel Market on Research Activities Foreseen to Boost Market Revenues: TMR

– The global automotive wheel market is predicted to expand at CAGR of approximately 4% during the assessment period of 2020 to 2030. Major industry leaders are growing focus on development of highly efficient products

Asia Pacific and Europe are prominent regions contributing to rapid expansion of global market for automotive wheel

ALBANY, N.Y, Oct. 6, 2020 /PRNewswire/ — The global <a target="_blank"…

– The global automotive wheel market is predicted to expand at CAGR of approximately 4% during the assessment period of 2020 to 2030. Major industry leaders are growing focus on development of highly efficient products

Asia Pacific and Europe are prominent regions contributing to rapid expansion of global market for automotive wheel

ALBANY, N.Y, Oct. 6, 2020 /PRNewswire/ — The global automotive wheel market is estimated to gain lucrative avenues during the forecast period of 2020 to 2030. One of the important factors attributed to this growth is noteworthy increase in the production as well as sales of vehicles in all worldwide locations.

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Depending on material used in the manufacturing, there are three types of products available in the market for automotive wheel, namely, steel wheel, carbon fiber wheel, and alloy wheel.

Analysts at TMR highlight that the automotive wheel market will experience highest revenue generating opportunities in Europe. Numerous market vendors are focused on incorporation of latest design tools and new materials in their production activities. Therefore, they are growing alliances with worldwide research talents. This move is helping them achieve the manufacturing of highly efficient products.

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Key Findings of Automotive Wheel Market Report

  • The global automotive wheel market is projected to grow at a CAGR of around 4% during 2020–2030.
  • In the material segment of the automotive wheel market, vendors are expected to gain extensive revenues from alloy wheels segment during assessment period.
  • On regional front, Asia Pacific and Europe are expected to show rapid growth in automotive wheel market during the forecast period

Explore 274 pages of top-notch research, incisive insights, and detailed country-level projections on Automotive Wheel Market (Material: Alloy Wheel, Steel Wheel, and Carbon Fiber Wheel; Rim Size: 12″-17″, 18″-21″, and More than 22″; Vehicle Type: Passenger Vehicle and Commercial Vehicle; and Sales Channel: OEM and Aftermarket) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/automotive-wheel-market.html

Automotive Wheel Market: Key Driving Factors and Promising Avenues

  • Several industry leaders are concentrated on the development of technologically advanced products. To achieve this motive, they are spending high amount of money in research activities. Apart from this, many players are incorporating new manufacturing technologies as well as new materials.  All these factors are fueling the growth of the global automotive wheel market.
  • Major vendors operating in the automotive wheel market are growing focus on strengthening their production abilities. They are investing noteworthy amount of money to develop high-tech TUV-approved plants. This strategy is helping vendors to gain recognition at international level.
  • Growing efforts of leading players to offer validated steel wheels for mobility vehicles at cheaper prices is likely to boost the sales in the automotive wheel market.
  • Many players in the automotive wheel market are incorporating advanced machineries into their plants. As a result, they are able to offer automotive wheels with tinted gloss black and other finishes. At the same time, many enterprises are eyeing the development of superior quality deep-dish wheels. All these activities are expected to boost the expansion of the global automotive wheel market in the forthcoming years.

Analyze global automotive wheel market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Automotive Wheel Market: Competitive Assessment

Majority of players in the global automotive wheel market are growing focus on strengthening their market position. To achieve this aim, they are using diverse organic as well as inorganic strategies. One of the key strategies on top of the list of stakeholders is mergers and acquisitions.

Many players in the market for automotive wheel are entering into partnership and collaboration agreements. These moves are helping them in achieving their goal of regional expansion. This aside, several enterprises are growing focus on technological advancement. All these activities are indicative of stupendous growth of the global automotive wheel market in the period of assessment.

Some of the important companies working in the automotive wheel market are CITIC Dicastal Wheel Manufacturing Co., BORBET GmbH., ARCONIC, Enkei, MAXION Wheels, BBS Alloy Wheel, Fuel Off Road Wheels, MHT Luxury Wheels, RONAL Group, Foshan Nanhai Zhongnan Aluminum Wheel Co., Ltd, WHEELPROS LLC, Superior Industries International Inc., and TSW Wheels.

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The segmentation of the automotive wheel market is performed as follows:

Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

Material

  • Alloy Wheel
  • Steel Wheel
  • Carbon Fiber Wheel

Rim Size

  • 12″-17″
  • 18″-21″
  • More than 22″

Sales Channel

  • OEM
  • Aftermarket

Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Explore Transparency Market Research’s award-winning coverage of the Global Automotive & Transport Industry:

Truck & Bus Radial (TBR) Tire Market – Increasing awareness among consumers regarding vehicle maintenance, adoption of tire monitoring systems by fleet managers, and expansion of retailer and dealers network in rural areas are projected to drive the truck & bus radial (TBR) tire market during the study period.

Automotive Adhesive Market – Advent of lightweight electric vehicles is estimated to drive the adoption of adhesives as a replacement for rivets and welds. Rise in usage of adhesives for bonding of body panels and body interiors is anticipated to fuel the demand for automotive adhesives. Increase in sales of electric vehicles, owing to a decline in the price of batteries, and government incentives are likely to boost the global automotive adhesive market.

EV Platform Market – The global EV platform market is expected to expand at a moderate CAGR of ~3.5% during the forecast period. The market growth is primarily driven by growing demand for electric vehicles, increasing government support for electric vehicles, development of cutting-edge electric vehicle technology, and tightening environment protection laws and regulations.

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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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CGTN: Working on the train: Family inheritance in three generations

BEIJING, Oct. 6, 2020 /PRNewswire/ — CGTN recently published an article about the «Family of train workers» — three generations have chosen the same occupation – train maintenance. They witnessed the development of railway technology and the article shows their dreams on Qinghai-Tibet Railway.

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BEIJING, Oct. 6, 2020 /PRNewswire/ — CGTN recently published an article about the «Family of train workers» — three generations have chosen the same occupation – train maintenance. They witnessed the development of railway technology and the article shows their dreams on Qinghai-Tibet Railway.

Read the original article: here

«I’m continuing the dream of my father and grandfather,» said Li Haifeng, a train inspector at the Xining Depot – the place where the trains on the Qinghai-Tibet Railway blew their first whistle.

Thirty-one-year-old Li has been investigating and troubleshooting undetected faults in the facilities of each coach to ensure the safety of every train journey. He’s been in this occupation for seven years so far, the period of which, nonetheless, is just a fraction of that of his father and grandfather.

The apple doesn’t fall far from the tree

The story began in 1958 when his grandfather Li Wangfu, a native of east China’s Shandong, went from Dandong Railway Bureau to Xining on a job transfer. «I arrived here on August 15, 1958Li Wangfu told CGTN. In his 80s, he still remembers the date clearly. After a long bumpy ride, what appeared before his eyes was a barren land where the sun blazed down straight.

When the Xining railway depot was set up in October 1959, Li Wangfu became one of the few train inspectors on the sparsely populated plateau. Back then, he hunted troubles and made overhauls with a slew of clumsy tools in the daytime and lived in a cellar, which he and his colleagues dug by themselves, on a dust hill just south to the garage of the station, at night.

«At that time, we went to wherever they needed us,» he said. Every day he went off work with his coats soaked in black engine oil. Hard work paid off. He became one of the first train inspection chiefs on the Qinghai-Tibet Plateau in 1984 – the year when the railroad linking Xining and Golmud, respectively the first and second largest city of Qinghai Province, started operation.

Like father, like son. Li Xiujin’s foray into train maintenance was hugely impacted by his father Li Wangfu. «My father once took me on his train, I felt it was really a good job,» he recalled. In 1983, he was assigned to the Golmud Depot. «Back then, it took us over two days to travel from Xining to Golmud, where sands and pebbles were flying around.»

Li Xiujin and his colleagues lived in a small, drafty mud hut and carried repair hammers along with them to work every day. Over the past 37 years, he witnessed the booming development of railway technologies, which has largely facilitated train inspection.

The Qinghai railway system introduced an array of automatic detecting machines in 2012, amid a nationwide tech-driven development momentum. Li Xiujin learned state-of-the-art technology and became a TFDS (Train of Freight Failures Detection System) centralized analyst. «Now I can check around 300 trains every day on computer.»

Repair and maintenance work used to rely more on experience but now «comprehensive skills» based on technical know-how are also required to guarantee the safety of passengers, according to third-generation Li Haifeng.

From steam locomotives to electric trains

In the 1950s and 1960s, what the train offered was a bottom-rattling, days-long ride — that was the era when steam reigned railroads. Steam locomotives helped thrust the world into the first industrial revolution and have since forged ahead the human civilization for the next 150 years.

In China, the production and use of steam locomotives continued into the late 1980s though most of them were phased out at a much earlier time. In the 1960s, steam trains led the development of the country’s railroad networks, driving its socio-economic development.

Li Wangfu witnessed the antiques being gradually sifted out and the debut of internal combustion trains and then electric trains. «We’re all electrified now.»

Over the past decades, China’s train technology is all but obsolete. His son and grandson saw more unfathomable developments. «Previously on the Xining-Golmud section, the train ran at merely some 50 kilometers per hour, but now it could reach 160 kilometers,» noted Li Haifeng.

Now China has the world’s biggest high-speed railway network, along with advanced inspecting methods for the facilities and equipment on the train.

«We have switched from heavy manual labor to mental work, just like a physician in a hospital,» said Li Xiujin, «We just sit indoors, watch pictures taken by high-speed cameras, and report problems to on-site inspectors with the help of TFDS.»

For Li Haifeng, the work is much less laborious but requires more expertise. The train he works on has a UV filter inbuilt in its window, oxygen generators, and automatic excrement processing devices amid a variety of new facilities.

«Working on the train is tough, as you need to take into account the safety of every passenger. It’s like being a ‘doctor’ who knows everything about the train and gives the right prescription,» Li Haifeng said.

Video – https://www.youtube.com/watch?v=rI0QrsdQQXU

Traxis Customs Offers Solution to e-Commerce Operators Post-Brexit

PARIS, Oct. 6, 2020 /PRNewswire/ — Global Logistics Network and Next Terra International, two companies specialising in international transport and e-commerce logistics, have joined together in creating a new subsidiary company – Traxis Customs, with the purpose of targeting…

PARIS, Oct. 6, 2020 /PRNewswire/ — Global Logistics Network and Next Terra International, two companies specialising in international transport and e-commerce logistics, have joined together in creating a new subsidiary company – Traxis Customs, with the purpose of targeting e-commerce flows entering Europe, on the eve of the United Kingdom’s departure from the European Union. 

 

International Customs Clearance

 

Historically, e-commerce operators have utilised London Heathrow as a main European gateway for customs clearance, but with the rapid approach of Brexit, international businesses are now seeking alternative solutions in mainland Europe.

Aicha Sow, Managing Director of Traxis Customs said: «We believe that Brexit will create some gaps in Europe, and we would like to jump on this opportunity to help transform Paris CDG airport into a European Gateway for incoming e-commerce flows into Europe. We have been supported by the French customs in our mission and we believe that all facilities are now ready for this movement.»

Launching in October 2020 and strategically located within Charles de Gaulle airport in Paris, Traxis offers an intelligent and flexible customs clearance solution, both internationally as well as to those businesses based in the UK seeking European import and exports clearing solutions.  A Registered Customs Representative, Traxis Customs is capable of handling all import, export and transit customs formalities in France, for all European countries, therefore aiding the free circulation of merchandise within Europe.

Supported by the two mother companies (gl-net.com & next-terra.com), Traxis Customs’ primary goal is the optimisation of the flow of imported goods. Specialists in providing express customs clearance for Import, Export or Transit flows, the company have the capability of handling huge e-commerce flows from Asia, USA, or UK using data exchange information and state of the art information technology. Customs Clearance services can be arranged individually by shipment for freight mode or over manifest covering a list of shipments arriving or leaving in express/courier mode.

Traxis Customs is a subsidiary company of two major logistic providers on the French market : Next Terra International and Global Logistics Network.

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Traxis_Customs_Logo

 

www.traxis-customs.com

www.next-terra.com

www.gl-net.com

Contact: info@traxis-customs.com

 

 

Hyundai Motor Shares Fuel Cell Commercial Vehicle Roadmap, Launches XCIENT Fuel Cell Truck at Digital Event

  • Digital event to highlight Hyundai’s fuel cell technology and commercial vehicle expansion plan and unveil XCIENT Fuel Cell heavy-duty truck
  • Launch event will take place at 10:00 a.m. KST on Oct. 14, with livestream at Hyundai Motor’s official YouTube channel.

SEOUL, South Korea, Oct. 6, 2020 /PRNewswire/ — Hyundai Motor Company will host a digital premiere event for the launch of XCIENT Fuel Cell, the…

  • Digital event to highlight Hyundai’s fuel cell technology and commercial vehicle expansion plan and unveil XCIENT Fuel Cell heavy-duty truck
  • Launch event will take place at 10:00 a.m. KST on Oct. 14, with livestream at Hyundai Motor’s official YouTube channel.

SEOUL, South Korea, Oct. 6, 2020 /PRNewswire/ — Hyundai Motor Company will host a digital premiere event for the launch of XCIENT Fuel Cell, the world’s first mass-produced fuel cell heavy-duty truck, at 10 a.m. KST on Oct. 14. At the event, leaders of Hyundai’s Commercial Vehicle Business Division and Fuel Cell Center will introduce the eco-friendly fuel cell truck and their roadmap for clean commercial mobility.

Hyundai Motor Launches XCIENT Fuel Cell Truck at Digital Event

 

Hyundai Motor Launches XCIENT Fuel Cell Truck at Digital Event

The livestream will be viewable at Hyundai Motor’s official YouTube channel (www.youtube.com/HyundaiWorldwide). Details about Hyundai’s plan and technology will be released during the event.

Earlier in July, Hyundai shipped XCIENT Fuel Cell to customers in Switzerland as part of Hyundai Motor’s plan to roll out a total of 1,600 fuel cell electric commercial vehicles by 2025. Hyundai Motor’s focus on the fuel cell technology reflects its commitment to clean mobility and vision for a future hydrogen society.

XCIENT Fuel Cell is equipped with a 350-bar 32-kg hydrogen tank that provides around 400 km of  driving range with a full trailer in tow. Fueling time to full charging takes approximately 8~20 minutes and this truck can carry a load comparable to a diesel truck. It also provides various safety and convenience features such as Front Collision-avoidance Assist (FCA), Lane Departure Warning (LDW), smartphone mirroring and wireless charging.

About Hyundai Motor Company

Established in 1967, Hyundai Motor Company offers a range of world-class vehicles and mobility services in more than 200 countries. Hyundai Motor sold more than 4.4 million vehicles globally in 2019, and currently employs some 120,000 personnel worldwide. The company is enhancing its product lineup with vehicles designed to help usher in a more sustainable future, while offering innovative solutions to real-world mobility challenges. Through the process Hyundai aims to facilitate ‘Progress for Humanity’ with smart mobility solutions that vitalize connections between people and provide quality time to its customers.

More information about Hyundai Motor and its products can be found at: http://worldwide.hyundai.com or http://globalpr.hyundai.com

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Veoneer Sensors and ADAS ECU in the Mercedes GLE, winner of Euro NCAP 2020 AD Grading

STOCKHOLM, Oct. 5, 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), is proud supplier to the Mercedes GLE, test winner among nine competitors in the Euro NCAP 2020 AD Grading.        

In parallel with its safety testing, Euro NCAP has introduced a structured scoring and grading system focused on Assisted Driving solutions, divided into two main areas; Assistance Competence based on the balance between driver…

STOCKHOLM, Oct. 5, 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), is proud supplier to the Mercedes GLE, test winner among nine competitors in the Euro NCAP 2020 AD Grading.        

In parallel with its safety testing, Euro NCAP has introduced a structured scoring and grading system focused on Assisted Driving solutions, divided into two main areas; Assistance Competence based on the balance between driver engagement and vehicle assistance, and Safety Backup.

The Mercedes-Benz GLE received top marks for its partially automated assistance system (SAE Level 2) with a «very good» rating. Veoneer is proud supplier of forward looking stereo cameras, ADAS ECU and corner radars (front and rear) to the Mercedes-Benz GLE SUV model’s Driving Assistance Package and the Driving Assistance Package Plus, which earned the top score of 174 points/200 possible points (87% of the total score) against nine competitors.

The Mercedes-Benz GLE specifically received the highest score in the «Driver Engagement» evaluation, which measures the intuitive and harmonious transition between system support and unsupported driving. 

«The way the Euro NCAP’s AD scoring has been structured is truly a strong support to our Collaborative Driving concept, where the driver plays an active role even when the car is handling parts of the driving. Veoneer is a proud supplier and integrator of safety systems in the Mercedes GLE and these marks are a true proof-point of our technology,» says Jan Carlson, Chairman, President and CEO of Veoneer.

For more information please contact:

Thomas Jönsson, EVP Communications & IR, tel +46 (0)8 527 762 27
Ray Pekar, VP Investor Relations, tel +1 (248) 794-4537

Veoneer, Inc. is a worldwide leader in automotive technology. Our purpose is to create trust in mobility. We design, manufacture and sell state-of-the-art software, hardware and systems for occupant protection, advanced driving assistance systems, and collaborative and automated driving to OEMs globally. Headquartered in Stockholm, Sweden, Veoneer has 7,100 employees in 13 countries. In 2019, sales amounted to $1.9 billion. The Company is building on a heritage of close to 70 years of automotive safety development. In 2018, Veoneer became an independent, publicly traded company listed on the New York Stock Exchange (NYSE: VNE) and on the Nasdaq Stockholm (SSE: VNE SDB).

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/veoneer/r/veoneer-sensors-and-adas-ecu-in-the-mercedes-gle–winner-of-euro-ncap-2020-ad-grading,c3210840

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Don’t get caught out: Motorists at flat battery risk amid new driving trends

CTEK to help motorists love their battery this Charge Your Car Day

VIKMANSHYTTAN, Sweden, Oct. 5, 2020 /PRNewswire/ — CTEK Sweden AB, a leading global brand in battery management solutions, today urges motorists to give love to the humble battery this ‘Charge Your Car Day’. Since the COVID-19 pandemic was first announced, roads around the world have experienced ever-changing traffic conditions, and fluctuating driving habits are bringing car battery health to the…

CTEK to help motorists love their battery this Charge Your Car Day

VIKMANSHYTTAN, Sweden, Oct. 5, 2020 /PRNewswire/ — CTEK Sweden AB, a leading global brand in battery management solutions, today urges motorists to give love to the humble battery this ‘Charge Your Car Day’. Since the COVID-19 pandemic was first announced, roads around the world have experienced ever-changing traffic conditions, and fluctuating driving habits are bringing car battery health to the fore.

 

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As many people around the world have been home-bound under COVID-19 lockdown restrictions, various cities have experienced surges in flat car battery cases. This is because car batteries become far more likely to fall flat the less frequently the car is driven or charged.

Conversely, for those locations where self-isolation restrictions have been eased, and consumers are more regularly leaving home, many are choosing to travel in their private vehicles, as opposed to public transport, due to personal safety concerns. Those taking regular short road journeys, particularly in urban areas, are at heightened risk of experiencing a flat battery, because these trips can often involve frequent stopping and starting of the engine, putting immense pressure on the vehicle battery and requiring it to work harder.

To help educate motorists on the important role the car battery plays and simple steps for ensuring it won’t let you down, CTEK is today celebrating ‘Charge Your Car Day’, a global celebration every 5 October of the humble-but-hardworking car battery. Whether your vehicle is fuel-powered, hybrid or electric, the battery is the beating heart of your car, and as such requires love to keep it working to the best of its ability.

Jon Lind, CEO, CTEK, said: «The humble car battery has been working hard for us for the past 100 years. Back then, all a car battery had to do was start the car. Today, the battery not only gets a car moving, but also powers all of the technology within your vehicle – from keyless entry, alarms and immobilisers, onboard computers and the air conditioning. And that’s just fuel-powered vehicles! When it comes to electric vehicles, the car battery is critical for every facet of the vehicle functioning.

«It’s easy to forget how much hard work your car battery has to do, so ‘Charge Your Car Day’ is a terrific opportunity to remind us all that we’ve got to look after it. Making sure your battery is charged and giving it a bit of additional TLC can extend its life, saving motorists time and money,» continued Lind.

Caring for your battery is simple and can be easily integrated into your regular routine. To help us make sure our batteries are always in peak condition, CTEK has developed some top tips for car owners amid current driving trends around the world:

  1. Money saver: Battery failure is often reported as the number one cause for breakdowns around the world, and with a growing amount of sensitive electronic equipment added to today’s modern cars, this issue is on the rise. Utilising battery chargers can help you save time, battery costs, towing costs, repair costs, and the environment through regular battery maintenance.
  2. Regular charging: At least once a month while your car is parked in the garage, reach for your battery charger, connect it up and leave it do its work quickly, safely and efficiently. If you have an electric vehicle, it’s recommended you follow the ABC rule – Always Be Charging.
  3. TLC: Caring for your battery after it’s charged is just as important as charging it in the first place. Today’s modern chargers will almost certainly have built-in maintenance and troubleshoot programs – most of them automatic – that will make sure your car battery has a healthy heart.
  4. Temperature aware: Battery performance can be reduced by as much as 35 per cent when temperatures hit freezing, and by as much as half when the temperatures go even lower. Conversely, heat is also the number one killer of car batteries. Motorists should be extra cautious in extreme temperatures, being sensitive to any vehicle changes such as the way your car starts, or the operation of the electrical system in general. Any changes can indicate a weak battery or problems in the electrical system.

Lind added: «A battery performs best when it’s in peak condition, and proper charging extends battery life significantly. Regular charging is a simple, quick process for car owners, and by reducing your possibility of breakdowns due to battery failure, you’re saving money.»

For further information on ‘Charge Your Car Day’ and advice for motorists, please visit www.chargeyourcarday.com  

Click here to find out more about CTEK

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PRESS ENQUIRIES
Katharine Parker
PR & Communication Manager
Tel: +44 (0)7974 141266
E-mail: katharine.parker@ctek.com 

A Rising POWER: GWM P-Series Pickup Global Name, POER, Is Announced

The official name of GWM P series pickup is announced at Auto China 2020 with rendering pictures released afterwards

BEIJING, Oct. 2, 2020 /PRNewswire/ — At Auto China 2020, GWM (601633.SS/02333.HK), a world-renowned SUV and pickup manufacturer, unveiled the official name of its P Series Pickup for international markets: POER.

<img id="prnejpg8ff4left" title=" " border="0" alt=" " align="middle"…

The official name of GWM P series pickup is announced at Auto China 2020 with rendering pictures released afterwards

BEIJING, Oct. 2, 2020 /PRNewswire/ — At Auto China 2020, GWM (601633.SS/02333.HK), a world-renowned SUV and pickup manufacturer, unveiled the official name of its P Series Pickup for international markets: POER.

The word POER (pronounced as power), an acronym for «Powerful, Off-road, Enjoyable and Reliable», is inspired by the Chinese character Pao, and also comes from the word POWER in its middle English form. It represents GWM’s aim to build a vehicle that is powerful not just mechanically but also practically, that can go off-road, and the intelligent connectivity makes the ride always enjoyable, and intelligent safety to make it reliable in various road conditions.

This September marks one year since the launch of GWM POER pickup. The GWM POER quickly hit nearly 100,000 units target in such short time, as the absolute class winner in the market. Last year witnessed 1.8 million GWM pickup sold globally. And the market share of GWM pickup hits a record-high 50% in its home market, China.

GWM POER pickup, with the features of all-new design and intelligent safety, will be launched in certain international markets before the end of this year. GWM hopes the launch of this new-generation POER can bolster its international sales.

In recent years, due to the utility in a multitude of scenarios, pickup trucks have become immensely popular worldwide. As the models continue to be upgraded and start to be equipped with the latest intelligent safety technologies firstly applied on sedans and SUVs, in tandem with the expansion of usage scenarios, the vehicle is now meeting driver expectations in terms of stylish design, intelligence and comfort. In addition to the primary role as a utility vehicle, the pickup is ever more often selected as a family car and a weekend trip vehicle.

In keeping with this trend and based on the POER’s product position as a global product, GWM will roll out the POER series with automatic transmission edition in international markets. This will be the first time the automaker has exported automatic transmission-equipped pickups in the 23 years that it has been exporting the vehicle type. With automatic transmission and the intelligent safety features, GWM expects the POER model to enter the high-end pickup segment, enriching the firm’s product lineup and offering more choices for drivers.

With the aim of providing more options for consumers, the POER series will offer two different exterior styling. Both front face appear with a large grill design with great visual impact, adding a sense of power to the vehicle. The enlarged logo in the middle complements the look from the front, amplifying the sense of prowess and embodying the model with a desirably aggressive feel. The large size grill with a large size badge, together with the bulging muscles on the bonnet and body makes the whole car with aggressiveness and ready to fight nimbly like a Raider. The bulging lines look like the «sinew» in wild predators, injecting life and soul into the body. Car body design adopts a lot of «circle and curve» as basic elements, which symbolize the hidden resilient power in life and nature beauty.

About GWM

GWM is a world-renowned SUV and pickup manufacturer. The firm was listed on the Hong Kong Stock Exchange in 2003 and the Shanghai Stock Exchange in 2011. With four brands, including HAVAL, WEY, ORA and GWM Pickup, the carmaker produces both conventional and new energy vehicles, and focuses on the SUV and pickup truck categories. GWM can independently support its core components, including engines and transmissions. In 2019, GWM sold 1,058,648 new vehicles, an increase of 1.43% year-on-year, exceeding the one million mark for the fourth consecutive year.

For more information, please visit https://www.gwm-global.com/

Photo – https://mma.prnewswire.com/media/1294626/POER_1.jpg
Photo – https://mma.prnewswire.com/media/1294627/POER_2.jpg

ATV-UTV Tire Market to Reach $698.1 Mn, Globally, by 2026 at 7.5% CAGR, Says Allied Market Research

– Trend of adventure sports, inclination toward recreational activities, adoption in military activities, and favorable government regulations regarding usage of ATVs and UTVs on roads drive the growth of the global ATV-UTV tire market.

PORTLAND, Ore., Oct. 1, 2020 /PRNewswire/ — Allied Market Research recently published a report, titled, «ATV-UTV Tire Market by Type…

– Trend of adventure sports, inclination toward recreational activities, adoption in military activities, and favorable government regulations regarding usage of ATVs and UTVs on roads drive the growth of the global ATV-UTV tire market.

PORTLAND, Ore., Oct. 1, 2020 /PRNewswire/ — Allied Market Research recently published a report, titled, «ATV-UTV Tire Market by Type (Racing Tires, Sand Tires, Mud Tires, and All Terrain Tires), Application (All-Terrain Vehicle (ATV) and Utility Terrain Vehicle (UTV)), and Industry Vertical (Agriculture, Military, Mountaineering, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026″. According to the report, the global ATV-UTV tire industry garnered $385.8 million in 2018 and is expected to reach $698.1 million by 2026, growing at a CAGR of 7.5% from 2019 to 2026.

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Incentives for market growth

Increase in trend of adventure sports & recreational activities, adoption of ATV-UTV in military activities, and government rules to support driving ATVs and UTVs on roads have boosted the growth of the global ATV-UTV tire market. However, growth in the retreading tires market and volatile prices of raw materials hamper the market growth. On the contrary, rise in the automobile sector and production of safer ATVs and production of safer ATVs and UTVs are expected to create lucrative opportunities in the near future.

Request Sample Report at https://www.alliedmarketresearch.com/request-sample/6350 

Mountaineering segment dominated the market

The mountaineering segment held the largest share in 2018, accounting for nearly three-fifths of the global ATV-UTV tire market, owing to increased trend towards mountaineering as a sports activity. However, the military segment is expected to portray the highest CAGR of 11.3% during the forecast period, due to increased adoption of ATVs and UTVs in different military applications such as border patrolling and others.

ATV segment to manifest the fastest growth through 2016

The ATV segment is anticipated to register the fastest CAGR of 8.8% during the forecast period, owing to increased demand for ATVs across the globe as they are flexible, easy to ride and are useful in numerous aspects. However, the UTV segment held the largest share in 2018, accounting for more than two-thirds of the global ATV-UTV tire market, as they are safer to drive compared to other sporting vehicles and are useful for several applications such as construction, search & rescue operations, and farming.

North America held the lion’s share

The global ATV-UTV tire market across North America held the largest share in 2018, accounting for around half of the market. This is due to the wider usage of ATVs and UTVs in the region in terms of sporting and other activities. However, the market across Asia-Pacific is estimated to hit 9.0% during the study period, owing to the increasing trend towards ATVs and UTVs that are high in performance as well as have better and efficient components installed in them.

For purchase inquiry at https://www.alliedmarketresearch.com/purchase-enquiry/6350 

Major market players

  • Bridgestone
  • Duro Tire
  • Carlisle
  • KENDA Tire
  • Goodyear
  • Michelin
  • Maxxis
  • Titan International Inc.
  • Sedona Tire and Wheel
  • Toyo Tire

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Automotive Tire Market is Projected to Reach $306 billion by 2022

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