Next-generation Kia Carnival to debut this summer

–       Character evolution and modern new look for Kia’s flagship minivan

 

–       Two million Carnival models sold worldwide since 1998

 

–       ‘Grand Utility Vehicle’ displays confident design presence and SUV style

SEOUL, South Korea, June 18, 2020 /PRNewswire/ — Kia Motors Corporation has hinted at the design of the brand’s fourth-generation Carnival flagship minivan today. Released in Korean specification, the…

–       Character evolution and modern new look for Kia’s flagship minivan

 

–       Two million Carnival models sold worldwide since 1998

 

–       ‘Grand Utility Vehicle’ displays confident design presence and SUV style

SEOUL, South Korea, June 18, 2020 /PRNewswire/ — Kia Motors Corporation has hinted at the design of the brand’s fourth-generation Carnival flagship minivan today. Released in Korean specification, the all-new Carnival – sold in many markets worldwide as the Kia Sedona – will appeal to progressive young families with its combination of innovation, flexibility, and style.

Kia's fourth generation Carnival for the Korean market

The new model builds on its predecessors’ heritage in the mid-sized MPV segment, following more than two million Carnival sales worldwide since the first generation launched in 1998. With a stronger, more stylish presence, futuristic new details and an SUV-inspired design, Kia designers have even dubbed the new model a ‘Grand Utility Vehicle’.

At the front, the Carnival’s confident new face seamlessly integrates high-tech headlamps with Kia’s iconic ‘tiger-nose’ grille. Kia’s designers call this ‘symphonic architecture’, with the design of the front bringing together a range of detailed, technical features which create a sense of harmony and structural energy.

From the side, a bold character line runs the length of the car, linking the front and rear lamps, with its glasshouse characterized by a new chrome fin which extends to surround the rear.

The new Kia Carnival is due on-sale in Korea in the third quarter of 2020, with global sales in many of Kia’s markets to follow thereafter. Kia will release new images and more details about the fourth-generation Carnival soon.

– End –

About Kia Motors Corporation

Kia Motors (www.kia.com) is a maker of world-class quality vehicles for the young-at-heart. Founded in 1944, Kia today sells around 3 million vehicles a year in over 190 countries, with 52,000 employees worldwide, annual revenues of over KRW 58 trillion (about US$50 billion) and manufacturing facilities in six countries. Kia is spearheading the transition to electric vehicles and pursuing mobility services to help tackle urban challenges around the world. The company’s brand slogan – «The Power to Surprise» – represents Kia’s global commitment to surprise the world with exciting, inspiring experiences that go beyond expectations. 

For more information, please visit the Kia Motors Global Media Center at www.kianewscenter.com

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Global Nanocomposites Market to Reach USD 13.64 Billion by 2027 | Reports And Data

– Increasing demand from packaging, automotive, construction sector as well as supportive government regulations is driving the demand for the market

– Market Size – USD 4.16 Billion in 2019, Market Growth – CAGR of 15.9%, Market Trends –High demand in packaging, automotive sectors

NEW YORK, June 17, 2020 /PRNewswire/ — The Global 

– Increasing demand from packaging, automotive, construction sector as well as supportive government regulations is driving the demand for the market

– Market Size – USD 4.16 Billion in 2019, Market Growth – CAGR of 15.9%, Market Trends –High demand in packaging, automotive sectors

NEW YORK, June 17, 2020 /PRNewswire/ — The Global Nanocomposites Market is projected to reach market revenue of USD 13.64 billion in 2027. The increasing demand for such materials from the modern packaging industry, automotive industry, and government regulations favoring the usage of such products is expected to drive the market during the forecast period.

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Nanocomposites are solid materials that have multiple phases of nanoscale dimensions and are mainly of three types – ceramic, metal, or polymer matrix. They possess properties like flexibility, transparency, high thermal, and electrical conductivity. There is a huge demand for nanocomposites in the food packaging industry mainly because they provide resistance from gases, water, and other hydrocarbons. They are also easily recyclable, making it an appropriate material for usage in the packaging industry. They also provide high tensile strength and thus finds widespread usage in the manufacturing of automobile components. Rapid industrialization around the world has led to an increase in construction activities. The construction sector being one of the main consumers of nanocomposites, is largely contributing to the market’s growth. Apart from these, they also find applicability in the electronics and semiconductor industry due to their high thermal and electrical conductivity. Government regulations supporting the usage of nanocomposites in food packaging are a major driver for the market, especially in Europe.

Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/3221

The production cost of nanocomposites is quite high, and there is a need for an optimized production process. But there is a lack of technological advancements, which is crucial for the optimization of these processes. These factors are hindering the market’s growth to a certain extent. Large manufacturers around the world are focusing on developing cost-effective solutions and are aiming to supply products at a lower price.

The COVID-19 impact:

The COVID-19 pandemic is likely to disrupt the industry’s growth to a certain extent. Major industry players are skeptical about the future of the market and are trying to redesign their strategies for sustaining in this challenging situation. They are trying to assist governments around the world by providing solutions for making PPE. The pandemic had affected the construction as well as the automobile industry badly and most of the large manufacturers have been forced to stop production as well as other operations. Thus the demand from those sectors has completely dipped. There is a shortage of manpower due to repeated lockdowns in several parts of the world. COVID-19 has affected the international trade, exports, and imports, and consequently, the demand in the industry has also largely reduced. The major companies operating in the market are trying to clear their stocks, and they are focusing on maintaining their cash balances. They are concentrating on the health and welfare of their workforce and are trying to provide them all sorts of assistance. The average disposable income of people is likely to decrease, and manufacturers are trying to come up with innovative solutions that can cater to the needs of customers at a much lesser cost.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/nanocomposites-market

Further key findings from the report suggest

  • Nanoclay product holds a considerable market share because of its demand from the packaging and automotive sector.
  • The polymer matrix structure is used in multi-walled carbon nanotubes, which is witnessing high demand from end-user industries and thus augmenting the segment’s growth.
  • The automobile sector is one of the major consumers of nanocomposites primarily due to the usage of nanocomposites in manufacturing of various automobile components.
  • European nanocomposites market is growing at a steady pace due to the presence of a large number of automobile manufacturers in this region.
  • There have been a number of new product launches in the market, amongst which Zyvex Nanotube Technology by Zyvex Technologies, RESOMET Composite Polymers by Evonik Industries AG require special mention.
  • In March 2017, Evonik Industries AG, along with Forward Engineering established a joint venture named VESTARO GmbH in order to develop composite solutions for the production of fiber composite components for automobile industry.
  • Key players in the market include Nanocor Inc., Zyvex Technologies, Du Pont De Nemours, Arkema Inc., Powdermet Inc., Nanophase Technologies Corporation, Unidym Inc., Nanocyl S.A., Inframat Corporation and Evonik Industries AG.
  • There have been a number of M&A in the industry like Evonik Industries AG acquiring the additive business of Air Products in 2017 and Arkema Inc acquiring Arrmaz in 2019.

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For the purpose of this report, Reports and Data have segmented into the global Nanocomposites Market on the basis of Product, Type, Application and region:

Product Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

  • Carbon Nanotubes
  • Nanoclay
  • Metal Oxide
  • Nanofiber
  • Graphene
  • Others

Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

  • Ceramic-matrix
  • Metal-matrix
  • Polymer-matrix
  • Magnetic

Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

  • Packaging
  • Automotive
  • Aviation
  • Electronics & Electrical
  • Military
  • Construction
  • Biomedical
  • Others

Regional Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)

  • North America
    • U.S
  • Europe
    • U.K
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • MEA
  • Latin America
    • Brazil

Browse more similar reports on Nanomaterials category by Reports And Data

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Quantron AG Implements Fuel Cell Trucks in Europe

The Energon is the first in Quantron’s upcoming fuel cell product range. Production is scheduled to start in mid-2022.

AUGSBURG, Germany, June 17, 2020 /PRNewswire/ —

Quantron AG active in the field of hydrogen since its foundation

Quantron AG has been working on hydrogen propulsion for commercial vehicles since its foundation and now, with the new Energon, offers a 44-tonne truck with fuel cell for freight transport that can be fully integrated into logistics…

The Energon is the first in Quantron’s upcoming fuel cell product range. Production is scheduled to start in mid-2022.

AUGSBURG, Germany, June 17, 2020 /PRNewswire/ —

Quantron AG active in the field of hydrogen since its foundation

Quantron AG has been working on hydrogen propulsion for commercial vehicles since its foundation and now, with the new Energon, offers a 44-tonne truck with fuel cell for freight transport that can be fully integrated into logistics processes. It has a range of about 700 km. The 130 kW fuel cell used, supported by a 110 kWh LFP battery, powers the 340 kW engine, which is equipped with a 2-speed transmission.

 

Quantron AG - Energon Hydrogen Heavy-Duty

 

Quantron AG is working hard on other vehicles in order to be able to offer a wide range of fuel cell solutions for companies and local authorities in the near future.

Advantages of the fuel cell

A hydrogen vehicle is an electric vehicle that obtains its energy from a chemical reaction of hydrogen and oxygen in the so-called fuel cell. The electricity generated in this process is either consumed directly in the engine or buffered in the on-board battery. Due to the high system efficiency of the fuel cell, hydrogen trucks have identical performance characteristics to normal diesel trucks. But there is one decisive advantage: the local freedom from emissions of CO2, nitrogen oxides and particulate matter. This is because the electrochemical reaction in the fuel cell produces only water vapor, which is then released into the environment when the truck is driven. Added to this are the general advantages of an e-vehicle. Because hydrogen trucks also enjoy tax and toll exemptions as well as lower maintenance and operating costs than trucks with conventional diesel engines.

Pre-orders with a price advantage of 10,000 € are possible at www.quantron.net.

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Contact:
Serhat Yilmaz
s.yilmaz@quantron.net 
+49-(0)821-24-99-790

Increase in Aging Vehicles on the Road to Propel Growth in Roadside Assistance Market from 2019 to 2027: Transparency Market Research

– The passenger vehicle and the towing service segments to lay claim to a sizeable share of the global vehicle roadside assistance market over the forecast period

– Increase in production of automobiles, and in installation of app-based services to drive significant growth. Asia Pacific and Europe to be lucrative markets

ALBANY, New York, June 17, 2020 /PRNewswire/ — Vehicle breakdown on the road…

– The passenger vehicle and the towing service segments to lay claim to a sizeable share of the global vehicle roadside assistance market over the forecast period

– Increase in production of automobiles, and in installation of app-based services to drive significant growth. Asia Pacific and Europe to be lucrative markets

ALBANY, New York, June 17, 2020 /PRNewswire/ — Vehicle breakdown on the road is a common occurrence and this keeps the market for roadside assistance buoyant. Additionally, with an increase in production of automobiles, the demand for it would increase further. From 2019 to 2027, the global vehicle roadside assistance market would grow at a rate of 3.96%, compounded annually.

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As per Transparency Market Research, «The market is driven forward by increasing number of ageing vehicles on the road in a major way. Additionally, technological development has paved way for better response time, pushing up demand for these services massively.»

Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=56106

Key Findings of Global Vehicle Roadside Assistance Market Study:

  • In 2018, the passenger vehicle segment was immensely lucrative and over the forecast period, the trend is set to continue
  • Major reason that will be attributed to the claim of the segment to notable market share is free warranty that comes with passenger vehicles
  • Owing to truckers opting for road side assistance, heavy commercial vehicle segment is also set to drive demand in the market notably
  • The towing service segment is expected to contribute significantly to growth in the global vehicle roadside assistance market in terms of revenue
  • Auto manufacture segment to dominate the provider category over the forecast period

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on Vehicle Roadside Assistance Market (Service – Towing, Tire Replacement, Fuel Delivery, Jump Start/Pull Start, Lockout/ Replacement Key Service, Winch, Battery Assistance, Trip Routing/ Navigational Assistance, Other Mechanic Service; Provider – Auto Manufacturer, Motor Insurance, Independent Warranty, Automotive Clubs; Vehicle – Passenger Vehicle, Commercial Vehicle (Light Commercial Vehicle, Heavy Commercial Vehicle)) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/vehicle-roadside-assistance-market.html 

Key Drivers of Growth in Global Vehicle Roadside Assistance Market:

Transparency Market Research notes a number of prominent growth factors in the global vehicle roadside assistance market landscape. Some of the prominent ones are outlined below:

  • Marked increase in old vehicles is a major growth propeller in the market; these are susceptible to breakdowns and are in need of frequent maintenance runs
  • Production and sales of automobiles promises growth to the global vehicle roadside assistance market
  • Harsh terrains, and regions that experience severe climatic conditions also drive demand for vehicle roadside assistance

Request COVID19 Impact Detailed Analysis on Vehicle Roadside Assistance Market at https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=56106

Regional Growth in Global Vehicle Roadside Assistance Market:

  • Europe to be at the forefront of growth in the global roadside assistance market over the assessment period owing to increase in vehicle registrations and sales
  • Asia Pacific (APAC) region to provide lucrative growth opportunities to market players over the stated period owing to increase in ageing automotives

Analyze global vehicle roadside assistance 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

Competitive Landscape of Global Vehicle Roadside Assistance Market:

The global vehicle roadside assistance market is highly competitive and the presence of a large number of players makes it fragmented. Top players are focused on tapping into new consumer bases and improvement in sales.

Some of the top players that are profiled by Transparency Market Research in the report prepared are ARC Europe SA, Viking Assistance Group AS, SOS International A/S, Swedish Auto, Falck A/S, Allianz Global Assistance, AAA, Agero, Inc., Allstate Insurance Company, AutoVantage, Best Roadside Service, Paragon Motor Club, Roadside Masters, Access Roadside Assistance, Good Sam Enterprise, LLC, Emergency Road Services Corporation, Better World Club, National General Insurance, Honk technologies, URGENT.LY INC., span wings, TVS Auto Assist India Limited, Twenty Four OTR Pvt. Ltd., RESCUE Vehicle Services Private Ltd., ASSURANT, INC., CHUBB LIMITED, Emirates Insurance Co. (PSC), Arabian Automobile Association, and Prime Assistance Inc.

Purchase Premium Research Report on Vehicle Roadside Assistance Market at https://www.transparencymarketresearch.com/checkout.php?rep_id=56106&ltype=S

The global Vehicle Roadside Assistance is segmented based on:

  • Service
    • Towing
    • Tire Replacement
    • Fuel Delivery
    • Jump Start/Pull Start
    • Lockout/ Replacement Key Service
    • Winch
    • Battery Assistance
    • Trip Routing/ Navigational Assistance
  • Provider
    • Auto Manufacturer
    • Motor Insurance
    • Independent Warranty
    • Automotive Clubs
  • Vehicle
    • Passenger Vehicle
    • Commercial Vehicle
  • Region
    • North America
      • US
      • Canada
    • Europe
      • Germany
      • France
      • Italy
      • Spain
      • U.K.
      • Rest of Europe
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia and New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

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

On-demand Transportation Market – The market for on-demand transportation services is primarily driven by the lower middle class population owing to its low per capita income. Moreover, the market is expanding significantly in developing nations such as China and India. On-demand transportation services provide short-term ownership to consumers at significantly lower prices and hence, consumers prefer such transportation means instead of owning a vehicle. A privately owned vehicle is only utilized for up to 5% of its total life; it remains parked for 95% of its life in most cases.

Automotive Airbag Market – Road accidents are increasing and this is leading o stakeholders demanding for superior safety features in automobiles. And, this is therefore witnessing government intervention in the industry, mandating certain safety features in automobiles. This is the reason that over the forecast period of 2019 to 2027, the global automotive airbag market would grow at a significant pace.  The booming industry, along with technological advancement is leading to generation of a plethora of growth opportunities in the market and experts believe that the market players would leave no stone unturned to make the most of these.

Automotive Alloy Wheels Market – According to the report, the global automotive alloy wheels market is projected to reach US$ 24.3 Bn by 2027, expanding at a CAGR of ~6% during the forecast period. The global automotive alloy wheels market is expected to record a growth of ~6% owing to an increased demand for aesthetics appeal in vehicles. Alloy wheels are slowly replacing steel wheels, as they offer better heat dissipation, performance, and are lightweight.

Automotive Electric Actuator Market – According to the report, the global automotive electric actuator market is projected to surpass US$ 11.7 Bn by 2027, expanding at a CAGR of ~6% during the forecast period. Expansion of the global automotive electric actuator market is primarily due to rising investment by manufacturers for incorporation of safety features in their vehicles and change in regulatory norms for traffic safety and vehicle emission. The

Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor’s moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage’s actionable insights and remove the guesswork in making colossal decisions.

About Transparency Market Research

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 analyze 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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Teleste to Supply Information Displays and Passenger Information System for Braunschweig Transit Authority in Germany

TURKU, Finland, June 17, 2020 /PRNewswire/ — Teleste Corporation will carry out information display deployment for Braunschweig Transit Authority  (Regionalverband Großraum Braunschweig) in Germany together with the company’s local subsidiary iqu Systems. The project will be completed by March 2022 and it will include harnessing the entire tram network and selected bus stops in the city of Braunschweig with 243…

TURKU, Finland, June 17, 2020 /PRNewswire/ — Teleste Corporation will carry out information display deployment for Braunschweig Transit Authority  (Regionalverband Großraum Braunschweig) in Germany together with the company’s local subsidiary iqu Systems. The project will be completed by March 2022 and it will include harnessing the entire tram network and selected bus stops in the city of Braunschweig with 243 monochrome LED displays as well as Teleste’s passenger information system for their management. In addition, all the included stops will be equipped with text-to-speech buttons and loudspeakers announcing the displayed information for visually impaired passengers.

«We at Teleste are pleased that Braunschweig Transit Authority has trusted our solution and capabilities in upgrading information infrastructure across their transport network in the city. While public transport is becoming the number one form of urban mobility for many citizens, the passengers are also expecting easy and safe travel across the city-wide transport systems. It is clear that the right travel information needs to be available when and where the passengers need it. Investing in real-time information infrastructures ensures that operators will be able to meet the passengers’ expectations in an efficient and flexible manner», said Stephan Brünig, Head of Teleste’s Public Transport Operators business.

Passenger information management made easy

Teleste’s passenger information system includes versatile modules designed for the management of passenger information, media content, displays and fleets across public transport systems of various sizes and demands. The system allows Braunschweig Transit Authority to manage all the 243 displays within the deployment with a web-based user interface including functionality such as status check-ups, configuration and operational management.

The system will also provide the necessary interfaces to the real-time database of Braunschweig Transit Authority and the state-wide database of Lower Saxony. Through this integration, the system provides the passengers in Braunschweig with accurate and up-to-date information related to their journeys, making it easier and safer for them to navigate across the city infrastructure, while also providing the operator an efficient and flexible tool to manage the information and daily operations.

Please visit the Teleste website to read more about the passenger information system and its benefits.

Inquiries for more information:

Mirkka Lamppu
Director of Communications
Teleste Corporation
Tel. +358-2-2605-611
Email: mirkka.lamppu@teleste.com

About Teleste

Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society. Our solutions bring television and broadband services to you, secure your safety in public places and guide your use of public transport. With solid industry experience and drive for innovations, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. In 2019, Teleste’s net sales reached EUR 235 million and it had 1,330 employees. Teleste is listed on Nasdaq Helsinki. For more information see www.teleste.com and follow @telestecorp on Twitter.

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

https://news.cision.com/teleste-corporation/r/teleste-to-supply-information-displays-and-passenger-information-system-for-braunschweig-transit-aut,c3136476

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Vulog Releases Its New B2B Suite, Opening New Recurring Revenue Streams for Mobility Service Providers in the Post Pandemic Economy

The B2B offering enables mobility service providers (MSPs) to increase and secure recurring revenue with a solution designed to answer businesses’ mobility needs in the post Covid-19 world.

PARIS, June 17, 2020 /PRNewswire/ — Vulog, the leading shared mobility technology provider, announced today the release of its new offer, the B2B Suite. In the aftermath of Covid-19 companies are looking for more cost-effective, safe, and sustainable mobility solutions. MSPs stand to benefit,…

The B2B offering enables mobility service providers (MSPs) to increase and secure recurring revenue with a solution designed to answer businesses’ mobility needs in the post Covid-19 world.

PARIS, June 17, 2020 /PRNewswire/ — Vulog, the leading shared mobility technology provider, announced today the release of its new offer, the B2B Suite. In the aftermath of Covid-19 companies are looking for more cost-effective, safe, and sustainable mobility solutions. MSPs stand to benefit, which is why Vulog developed the B2B Suite: a solution that enables MSPs to provide the most advanced B2B service available on the market today.

Vulog has leveraged its years of expertise, team of top engineers, and leading AiMA platform to develop a comprehensive B2B solution. By combining the B2B Suite with their standing B2C offer, MSPs can enlarge their user base, increase their utilization rate, and maximize their business performance. The B2B Suite creates an additional revenue stream, facilitating MSPs in providing a top of the line service to local businesses with the assurance that their tech is 100% future-proof.

Vulog’s B2B Suite has been tested in both Brussels and Antwerp by their client, Poppy Mobility. Owned by D’Ieteren, the Belgian market leader in vehicle distribution, Poppy is a free-floating multimodal shared mobility service that launched in 2018 with a fleet of 1,000 vehicles.

«We are proud to support our clients by providing them with a comprehensive solution that allows operators worldwide to develop completely new revenue streams in addition to their existing B2C services,» says Vulog CEO Gregory Ducongé, «Poppy is a fantastic example in Belgium. This development facilitates shared mobility operator’s path to profitability and is very promising during this pivotal time for mobility services worldwide.»

Vulog’s B2B Suite is able to be implemented in any city worldwide and is vehicle agnostic. The offer is ideal for those operators who are seeking to open an additional source of revenue, enhance their offer, and provide the best and most successful services in their cities.

ABOUT VULOG

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Contact
Sarah VanSickle
svansickle@vulog.com

Star Publishes Analysis of the Global Vehicle Companion Applications Landscape

SAN FRANCISCO, June 16, 2020 /PRNewswire/ — Star, global Strategy, Design and Engineering consultancy, has published a report, «Understanding the vehicle companion applications global landscape«. This is an extensive analysis of vehicle companion applications, comparing the app features across brands and regions.

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SAN FRANCISCO, June 16, 2020 /PRNewswire/ — Star, global Strategy, Design and Engineering consultancy, has published a report, «Understanding the vehicle companion applications global landscape«. This is an extensive analysis of vehicle companion applications, comparing the app features across brands and regions.

Star publishes analysis of the global vehicle companion applications landscape

«Long gone are the days when companion applications were just another marketing feature being sold to consumers. They are now becoming a valuable medium for brand discovery and loyalty as well as a channel for value-added digital services created by OEMs and their partners,» states Oleg Lebedyn, Head of Architecture, Automotive & Mobility at Star and co-author of the report. «With this research we wanted to have a broader view on the functions offered in the apps by the front-running OEMs, analyze UX and understand what’s coming in the next 5 years.»

Complete mapping of companion app landscape

This comprehensive trend report looks at selected global OEMs in every major automotive production region, i.e. the United States, China, Japan and Europe. In all, Star analyzed 22 brands and 69 different applications. The report contains four main sections of observations and insights, including:

  • A complete breakdown of feature categories per brand
  • Analysis on the most and least common features
  • Application functions that stand out from the crowd
  • Eight future-shaping trends identified by Star

Need for a holistic approach

«One of the key insights that came out of our research was the fact that the user experience is quite fragmented at this point,» Oleg Lebedyn comments. «While OEMs are catching up, users still frequently have to download multiple apps for different features. There is also very little being done to support early stages of the user journey prior to the vehicle being purchased. Clearly, OEMs need to take a more holistic approach to user experience, and the ones who are able to do this first, and successfully, will have a definite competitive advantage.»

The report is available for free on Star’s website: Vehicle companion applications global landscape

About Star

Star is a global team of product creators. We connect strategy, design and engineering into a seamless workflow and deliver impactful technology products that stand out. Over 40% of Star’s business is in the Automotive & Mobility industries, and we partner with 20+ of the world’s leading OEMs, Tier 1s and startups in the mobility space. Using our deep automotive experience, proven delivery model, integrated team approach and agile DNA, we help our customers define and realize any digital experience consumers have, whether inside or outside the vehicle.

Contacts:

hello@star.global  
www.star.global 

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Motorsport Network Rolls Out a Rewards Programme for the World’s Largest Motorsport and Car Fans Community

World’s first integrated rewards programme that will stimulate fans to engage more deeply with their passion for motorsport and cars

LONDON, June 16, 2020 /PRNewswire/ — Motorsport Network, the global leader in digital media and experiences business for enthusiasts of cars and motorsport, is delighted to announce the launch of

World’s first integrated rewards programme that will stimulate fans to engage more deeply with their passion for motorsport and cars

LONDON, June 16, 2020 /PRNewswire/ — Motorsport Network, the global leader in digital media and experiences business for enthusiasts of cars and motorsport, is delighted to announce the launch of Motorsport Rewards. Every month 56 million users visit Motorsport Network platform from across 81 countries. From market leading racing brands like Motorsport.com and Autosport.com to Motor1.com and InsideEVs.com in the automotive space as well as Motorsport.tv and Motorsport Tickets we help our customers to feed their passion for cars and racing.

Motorsport Network Rolls Out a Rewards Programme for the World's Largest Motorsport and Car Fans Community

The rewards programme has been custom built by Motorsport Network’s inhouse technology team leveraging its deep understanding of user behaviour within its Network’s digital media and ecommerce businesses. It encourages customers to earn rewards for doing what they already enjoy, such as reading articles, watching videos and choosing a race ticketing offer. Once signed into a Motorsport Network platform, customers can earn points towards gift cards, subscriptions, watches, apparel, posters & fine art, sweepstake entries, and digital codes for video games.

In line with the company’s strategy, the Motorsport Rewards programme will add value for global race series and the wider motorsports ecosystem, stimulating fan engagement in consuming more content and attending more races.

Mehul Kapadia, Chief Operating Officer, Motorsport Network said: «Having the largest community of motorsport and automotive fans in the world, our strategic focus at Motorsport Network has been to get our loyal fans access to the wider range of entertainment and information offerings. We are extremely passionate about customer engagement and Motorsport Rewards provides the perfect platform to demonstrate our commitment back to our community.»

Samantha Lamberti, Head of Consulting, Europe & Middle East, Nielsen Sports UK commented: «People and their passions are at the heart of the media and entertainment business, Motorsport Network is leading the way with an innovative initiative – never implemented before by a media outlet, to recognise the value of their readers and ultimately enhance a unique mutual relationship. This will certainly benefit Motorsport Network and the entire motorsport ecosystem with a continuous exchange with the motorsport & automotive industry followers.»

Motorsport Rewards has launched a pilot scheme on the US edition of Motorsport.com and plans to roll it out in phases over the coming months across other racing and automotive editions as well as Motorsport Tickets, Motorsport.tv and other platforms. 

Motorsport Rewards is an easy to use programme that does not require any commitment or fees. Once customers sign up for a Motorsport Network account they can become a rewards member by signing in to Motorsport Rewards.

About Motorsport Network

Motorsport Network is the destination for millions of automotive and racing fans. We fuel their passion with tomorrow’s stories today and offer access and experiences no one else can. We sit at the heart of the world’s automotive and racing industries at a time of exciting transformation and enormous potential and through our integrated digital ecosystem, we’re unlocking more opportunities and experiences for our fans. Together, we’re shaping a community that offers incredible personalized experiences and is opening up the world of cars and racing to the next generation of fans.

To read all Motorsport Network announcements, please click here.

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For more information contact:

Ravi Pankhania,
T: +44(0)7984-399-047
E: ravi.pankhania@motorsport.com

 

Automotive Trim Market to Reach $43.35 Bn, Globally, by 2027 at 6.9% CAGR: Allied Market Research

– Increase in demand for luxury and comfort measures in vehicles and rise in production of automobiles drive the growth of the global automotive trim market

PORTLAND, Oregon, June 16, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Trim Market by Material Type (Acrylonitrile Butadiene Styrene (ABS), Polypropylene (PP),…

– Increase in demand for luxury and comfort measures in vehicles and rise in production of automobiles drive the growth of the global automotive trim market

PORTLAND, Oregon, June 16, 2020 /PRNewswire/ — Allied Market Research published a report, titled, «Automotive Trim Market by Material Type (Acrylonitrile Butadiene Styrene (ABS), Polypropylene (PP), Polyoxymethylene (POM), Thermoplastic Elastomer (TPE) and Others), Internal Application (Dashboard, Door panel and Others), External Application (Bumpers, Window & door seals and Others ), Vehicle Type (ICE Passenger Vehicle, ICE Commercial Vehicle, Battery Electric Vehicle, Hybrid Electric Vehicle, and Plug-in Hybrid Electric Vehicle), and End Use (Original Equipment Manufacturers and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020–2027.» According to the report, the global automotive trim industry generated $25.68 billion in 2019, and is estimated to reach $43.35 billion by 2027, growing at a CAGR of 6.9% from 2020 to 2027.

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Drivers, restraints, and opportunities-

Rise in demand for luxury and comfort measures in vehicles and surge in production of automobiles drive the growth of the global automotive trim market. However, high replacement cost, risein trade war, and rise in automotive import tariffs hinder the market growth. On the other hand, increase in demand for lightweight components and untapped developing markets create new opportunities in the coming years.

COVID-19 Scenarios-

  • The global automotive industry has been at a standstill due to the lockdown, which disrupted the manufacturing processes of automotive trim as well. On the other hand, the declined consumer demand for automotive trim has affected the revenues of the global automotive trim market.
  • On the other hand, automotive parts suppliers in various regions are much dependant on migrant workers. However, the absenteeism of these workers anticipates to slow down the restoration post lockdown. 
  • Moreover, the disruption in the product supply chain creates a number of difficulties for Original Equipment Manufacturers (OEMs) in the automotive industry.

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The bumpers segment to maintain its dominant share throughout the forecast period-

Based on exterior applications, the bumpers segment accounted for the highest market share in 2019, contributing to more than two-fifths of the global automotive trim market, and is expected to maintain its dominant share throughout the forecast period. Furthermore, the segment is estimated to portray the highest CAGR of 7.1% from 2020 to 2027. As it offers less damage to the vehicle during accidents which drives the growth of the segment.

The original equipment manufacturers segment to continue its leadership position during the forecast period-

Based on end-use, the original equipment manufacturers segment contributed to nearly two-thirds of the global automotive trim market in 2019, and is estimated to continue its leadership position during the forecast period. In addition, the segment is anticipated to portray the fastest CAGR of 7.4% from 2020 to 2027. This is due to the factor that majority of trims are equipped in vehicles during the time of manufacturing.

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Asia-Pacific to dominate the market throughout the forecast period, North America to grow significantly-

Based on region, Asia-Pacific held nearly one-third of the global automotive trim market in 2019, and is expected to maintain its lion’s share throughout the forecast period. This is due to an increased level of vehicle fleet across the Asia-Pacific countries. Nevertheless, Europe region is anticipated to manifest the fastest CAGR of 7.8% from 2020 to 2027. This is due to the wider adoption of different vehicles which leads the growth of the market in this region. Moreover, North America region is expected to grow at a CAGR of 7.2% during the forecast period.

Leading market players

  • Intenational Automotive Components
  • Kasai Kogyo Co., Ltd.
  • STS Group
  • Toyata Boshoku Corp.
  • Trinseo
  • TS Tech Co. Ltd
  • Draexlmaier Group
  • Dura Automotive Systems Inc.
  • Gemini Group Inc.
  • GRONBACH
  • Grupo Antolin

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Similar Report We Have:

Automotive Interiors Market: The global automotive interiors market was valued at $171,200.3 million in 2017, and is projected to reach $249,785.4 million by 2025, registering a CAGR of 4.7% from 2018 to 2025.

Exterior Car Accessories Market: The Global Exterior Car Accessories Market Is Segmented Based On Product Type Such As Racks, Led Lights, Body Kits, Chrome Accessories, Covers, Alloy Wheels, Window Films, And Others.  

Passenger Car Accessories Aftermarket: The global passenger car accessories aftermarket size was valued at $128.97 billion in 2018, and is projected to reach $248.41 billion by 2026, registering a CAGR of 8.5% from 2019 to 2026.

Automotive Door Panel Market: The global automotive door panel market was valued at $24,115.1 million in 2017, and is projected to reach at $34,158.6 million by 2025, growing at a CAGR of 4.4% from 2018 to 2025.

Automotive Seat Market: The automotive seat market size was valued at $71,651.20 million in 2017, and is projected to reach $101,397.20 million by 2025, registering a CAGR of 4.3% from 2018 to 2025.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of «Market Research Reports» and «Business Intelligence Solutions.» AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Fisker Commits to Global Leadership in Measuring and Reporting on Environmental, Social and Governance Practices

-Designer and manufacturer of the world’s most sustainable vehicle – the Fisker Ocean all-electric luxury SUV – has committed to «ESG» practices across the business

-From an ethical and greener supply chain, a diverse board of directors to executive compensation transparency, the company is doubling down on reshaping the way automotive/mobility companies do business into the future; <a target="_blank"…

-Designer and manufacturer of the world’s most sustainable vehicle – the Fisker Ocean all-electric luxury SUV – has committed to «ESG» practices across the business

-From an ethical and greener supply chain, a diverse board of directors to executive compensation transparency, the company is doubling down on reshaping the way automotive/mobility companies do business into the future; Company beach cleanup – video link

LOS ANGELES, June 16, 2020 /PRNewswire/ — Fisker Inc. designer and manufacturer of the world’s most emotion-stirring, eco-friendly electric vehicles and advanced mobility solutions – has announced its commitment to being a global leader in measuring and reporting on the company’s environmental, social and governance («ESG») practices.

Fisker Inc. – designer and manufacturer of the world’s most emotion-stirring, eco-friendly electric vehicles and advanced mobility solutions – has announced its commitment to being a global leader in measuring and reporting on the company’s environmental, social and governance (“ESG”) practices.

«With a vision of a clean future for all and a mission to develop the world’s most sustainable vehicles, we have the opportunity to embed these important values into every aspect of our business and supply chain,» said Henrik Fisker, chairman and CEO of Fisker Inc. «At Fisker, we’re not just talking the talk. We’ve recognized the need to be a leader in measuring and reporting our practices that not only deliver on creating greener and more exciting mobility worldwide, but also reflect our commitment to doing business better than what has been seen before in the automotive industry. As we launch and expand our exciting lineup of vehicles, our ESG actions and reporting will further define our brand and distinguish our products – giving buyers confidence in a name that puts real action behind its values.»

Fisker aims to set the standard for ESG reporting and has engaged a leading professional services firm to assist in developing a comprehensive strategy, which will evolve and grow with the company, to best measure Fisker’s impact and progress toward sustainability and creating a cleaner future. Highlights of current environmental, social and governance practices and goals include:

Environment

Fisker recognizes the impact of the automobile industry on the environment, focusing on the creation of exciting unique zero emission vehicles that further pave the path to mass decarbonation. 

  • Solar roof: optional solar roof supporting each vehicle’s electric power source, boosting efficiency and lowering carbon emissions by leveraging solar energy.
  • Vegan interior: 100% polycarbonate polyurethane surfaces and 100% reinforced rayon backing – meeting and exceeding stringent chemical emission limits.
  • Recycled rubber waste: utilizing discarded rubber waste generated during tire manufacturing that will no longer be dumped into landfills – contributing to a more circular economy.
  • Interior trim: derived from recycled polyester fibers (T-shirts), fishing nets and plastic bottles to reduce energy consumption and carbon emissions into the atmosphere by 80%.
  • Sustainable manufacturing: Fisker will soon announce the selection of an existing manufacturing facility to produce its upcoming 2022 Fisker Ocean – guaranteeing further reduction of its carbon footprint and emissions.
  • Increased useful life: the company’s affordable ownership model and its flexible lease program allow customers to return their vehicles at any time, without long-term commitment. The unique approach allows Fisker to easily refurbish and update used vehicles for new customers. This is expected to increase the utilization time of each vehicle – further reducing the need to push more products and options to market every quarter.
  • Circular business model: the company will continue to improve and expand its «cradle to cradle» approach for refurbished vehicles – harvesting any usable parts, including batteries for energy storage at end of life.
  • Direct-to-consumer model for elevated sustainability: with no dealer networks, Fisker’s model of delivering a vehicle directly to each customer not only offers a superior brand experience, but also drastically reduces the company’s overall carbon footprint.

Social

Criteria will continue to be developed with the objective of every employee and stakeholder helping to do business better, as well as contribute to a brighter future for society/industry.

  • Fisker will be working with its counsel to develop best-in-class benefits and inclusive strategies to make Fisker one of the happiest places to work.
  • Company employees participate in regular beach cleanup days to contribute to the common goal of creating a cleaner planet.
  • Ethical supply chain sourcing and supplier carbon footprint: Fisker has already started working on guidelines for suppliers to quantify their carbon footprint and sustainable manufacturing approaches, including the deployment of renewable energy in plants and facilities.
  • Fisker will adopt market-accepted standards and frameworks for measuring social impact.

Governance

Fisker’s corporate governance practices will be critical in addressing all stakeholders.

  • Executive compensation will be transparent and be subject to compensation policies and committees that are tied to the long-term business value and growth of the company.
  • Fisker’s board of directors is comprised of a diverse group of highly qualified individuals.
  • Fisker’s long-term value strategy will be embedded into the company’s interviewing, onboarding and training processes to attract and develop team members who share Fisker’s vision and values.

About Fisker Inc. 

California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth. Passionately driven by a vision of a clean future for all, the company is on a mission to become the No. 1 e-mobility service provider with the world’s most sustainable vehicles. To learn more, visit www.FiskerInc.com – and enjoy exclusive content across Fisker’s social media channels: Facebook, Instagram, Twitter, YouTube and LinkedIn. Download the revolutionary new Fisker mobile app from the App Store or Google Play store.

Designer and manufacturer of the world’s most sustainable vehicle – the Fisker Ocean all-electric luxury SUV – has committed to “ESG” practices across the business. From an ethical and greener supply chain, a diverse board of directors to executive compensation transparency, the company is doubling down on reshaping the way automotive/mobility companies do business into the future.

 

California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable electric vehicles complemented with the longest EV range and shortest charging times on earth. The brainchild of EV pioneer and world-leading automotive designer, Henrik Fisker, Fisker Inc.’s mission is to set a new standard of excellence and performance in the electric vehicle industry and mobility services. To learn more, visit www.FiskerInc.com.

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