Categoría: Hispanicmotorpress

XUZHOU, China, April 22, 2020 /PRNewswire/– Leading construction machinery manufacturer XCMG (SHE: 000425) celebrates Earth Day with reduction in carbon emission from its application of Clean Energy Technology strategy in over 20 machine models. Over 2,000 clean energy technology adapted machines has been sold accumulative in global wide, products varied from electric crane, road sweeper, dump trucks, logistics vehicles, to liquified natural gas driven tractor, loaders, road roller and heavy trucks.

In March, XCMG won the bid for an RMB520 million (US$73.54 million) intelligent environmental sanitation PPP (Public-Private Partnership) project for 20 years of service in Ningbo, Zhejiang Province. Supported by 5G technologies, the project will integrate garbage sorting, sanitation and transit disposal to cover all links of operation. XCMG’s unmanned street sweepers are the first equipment to be deployed, which will be followed its electric barreled garbage trucks to improve cleaning efficiency and garbage disposal precision.

The new energy products with improved electric engineering can cut energy consumption by 5 percent, they’ve been widely recognized for reliable and strong performance under different road conditions.

In 2018, XCMG exported E300 electric logistic cargo trucks to New Zealand, the highly flexible truck won the «Star Electric Light Truck Award» at the EV World show the same year and is praised for its higher energy efficiency and robust performance as ideal urban logistics vehicles.

«XCMG has gained more than 70 patents in the field of new energy, if XCMG Automotive reaches a scale of RMB20 billion (US$2.83 billion) by 2025, I think at least 40 percent or even 50 percent of the products should be new energy, which will mark a successful transition in new energy development,» said Zheng Jianxin, deputy general manager of XCMG Automotive.

Since the establishment of XCMG Automotive base in 2015, the division has been planning and developing a new energy sector to develop electric special vehicles in the «platform+professional» operation model that centers on R&D, manufacturing, product consistence, aftersales service and product safety assurance. The company has invested billions to establish research labs for engine performance, batter performance and vehicle testing in high/low temperature environment, set up charging facilities and pre-delivery testing as well as constructing new assembly plants for new energy vehicles.

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CHICAGO, April 22, 2020 /PRNewswire/ — Post COVID-19, the report «COVID-19 Impact on Ride Sharing Market by Service Type (E-Hailing, Car Sharing, Car Rental, Station-Based Mobility), Data Service (Information, Navigation, Payment) and Region – Forecast to 2021″, published by MarketsandMarkets™, COVID-19 Impact on Ride Sharing Market is estimated to be USD 75.39 billion in 2020 and projected to reach USD 117.34 billion by 2021, at a Y-O-Y growth of 55.6%. The market is primarily driven by rising urbanization and declining car ownership.

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Corporate car sharing is expected to grow at the highest Y-O-Y growth in the global car sharing market during the forecast period

Corporate car sharing is a kind of mobility solution provided by employers to their employees for everyday commutation and specific business requirements. The demand for corporate car sharing is expected to grow as people riding to offices are likely to travel on the same route. Thus, it is much easier to find co-passengers with ease and less waiting time.

Corporate car sharing enables commercial businesses to reduce or eliminate private vehicle fleets by providing their employees access to shared cars. It offers many benefits to businesses such as flexibility to employees, lower fleet management costs, and less traffic on roads. In comparison to P2P sharing, corporate sharing is more organized and manageable to tackle during situations like COVID-19. Companies can take all the necessary precautions to avoid transmissions.

Bicycles are estimated to be the largest Ride Sharing Market, by micro-mobility vehicle type

Bicycles have the largest market globally in terms of their usage in the micro-mobility Ride Sharing Market. They are eco-friendly, cheap, less time consuming, comfortable for short rides, and easily available. All these make bicycles a preferred choice.  It is necessary to follow social distancing to control the spread of COVID-19, which can be established through station-based mobility.

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Asia Pacific to have the largest market size during the forecast period

Asia Pacific is estimated to dominate the Ride Sharing Market and projected to grow at a significant CAGR during the forecast period. The growth in the Asia Pacific market is attributed to the wide customer base due to a growing population and rising urbanization in emerging economies such as China and India. Factors such as increasing urbanization and rising traffic congestion are likely to drive the demand for ride sharing services. For countries such as India and China, the consumer preference is changing, and with the rising population, the need for ride sharing is increasing to cater to the increase in customer base. Moreover, China has started to recover from the pandemic faster than any other country.

The Ride Sharing Market is dominated by global players and comprises several regional players. Some of the key players in the ride sharing industry are Uber (US), Lyft (US), DiDi (China), Grab (Singapore), Gett (Israel), Ola (India), BlaBlaCar (France), Lime (US), and Herts (US).

Browse Related Report:

Smart Transportation Market for Roadway & Railway By Technology (AVLS, TIS, EPS, & Intelligent Vehicle Initiatives), Components (CCTV Camera, GPS, Display, Automated Stop Announcement & Wi-Fi), Application, and Region – Global forecast to 2021

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M-SDL used in OpenSCENARIO 2.0 concept document for all examples of a domain-specific Scenario Description Language, critical to ADAS & AV verification and validation

TEL AVIV, Israel, April 22, 2020 /PRNewswire/ — Foretellix, an Israeli based start-up with a mission to enable measurable safety of advanced driver assistance systems (ADAS) & autonomous vehicles (AVs), today announced that its Open M-SDL language concepts are included in the recently published ASAM OpenSCENARIO 2.0 Concept Document published by the Association for Standardization of Automation and Measuring Systems (ASAM, www.asam.net). ASAM membership consists of around 300 member organizations worldwide. These member organizations include automotive OEMs, suppliers, tool vendors, engineering service providers and research institutes.

Foretellix had previously opened M-SDL (Measurable Scenario Description Language) and contributed its concepts to the ASAM OpenSCENARIO concept working group. M-SDL is the first open language that addresses multiple shortcomings of today’s formats, languages, methods and metrics used to verify and validate ADAS and AVs, and address the industry mandate for ‘measurable safety’. Over 500 engineers from 250 different entities have already downloaded the M-SDL specification.

The ASAM OpenSCENARIO 2.0 standard is meant to support the definition of tests and scenarios for the full development process of autonomous vehicles, and the full complexity of real-world scenarios, including complex inner-city traffic. Required use cases span from pure software-based simulation, through SIL, HIL, VIL hybrid testing models, up to test tracks and street driving. It will also ensure a migration path from ASAM OpenSCENARIO 1.x, with execution compatibility. The ASAM OpenSCENARIO 2.0 concept document has been published and is available on ASAM’s website here.

The concept document uses M-SDL for all examples of a declarative domain specific Scenario Description Language. The document includes the description «The foundational concept of OpenSCENARIO 2.0 is to establish a domain specific language of a declarative nature. A declarative language describes what should happen on scenario execution (including the required parameterization/variation), rather than how to do it. A declarative language can also have a dual interpretation, i.e. provide a single scenario description which can be used to describe both how to make it and how to monitor that it indeed happened….In cases where examples are supplied, they are supplied using the foundation of the M-SDL language».

«Foretellix is proud that M-SDL is used in this document as an example for a domain specific scenario description language,» said Gil Amid, Co-founder of Foretellix and project leader for the ASAM OpenSCENARIO 2.0 concept project. «Foretellix is committed to open standards and is looking forward to expand its contributions to the ASAM OpenSCENARIO 2.0 standards development phase now being started within ASAM.»

«ASAM is pleased to deliver a powerful concept for ASAM OpenSCENARIO 2.0 that meets the industry’s critical requirements for scenario based testing, verification and validation and the full simulation domain», said Klaus Estenfeld, Managing Director for ASAM. «We are also thankful for all the contributions from Foretellix and all other project members in crystallizing these concepts with tangible examples. We expect the ASAM OpenSCENARIO 2.0 standard to build on these concepts with additional contributions from many companies and DSL developers around the world.»

Foretellix will be hosting a webinar on April 30^th, 2020, that describes the M-SDL language and it’s contribution to ASAM OpenSCENARIO 2.0 concepts. Registration for the webinar is available at the following link.

About Foretellix

Foretellix’s mission is to enable ‘measurable safety’ of advanced driver assistance systems & autonomous vehicles, enabled by a transition from ‘quantity of miles’ to ‘quality of coverage’.

Foretellix was founded by a team of pioneers in measurable verification and validation, with a highly automated and proven coverage driven methodology broadly adopted in the semiconductor industry. They have adapted and tailored their approach for the safety verification and validation of automated driving systems.

Foretellix’s Foretify Technology includes an open, high level Measurable Scenario Description Language (M-SDL), intelligent and scalable automation, analytics and metrics. This includes the functional coverage metrics required to make a compelling ‘safety case’ to consumers, developers, insurance companies and regulators.

© Copyright 2020 Foretellix

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SAN FRANCISCO, April 22, 2020 /PRNewswire/ — The global two wheeler hub motor market size is expected to reach USD 16.9 billion by 2027, expanding at a CAGR of 9.7%, according to a study conducted by Grand View Research, Inc. Increasing demand for electric two-wheelers and stringent government regulations for reducing the carbon footprint is projected to market growth. Furthermore, improved vehicle performance, reliability, and driving range are some factors that are projected to influence the demand for hub motors over the next seven years.

Key suggestions from the report:

• The electric bike segment is expected to dominate the market in 2019 and was valued at USD 4.6 billion in 2019 owing to growing penetration of electric bikes
• The rear hub motor segment dominated the market and is anticipated to reach USD 15.7 billion by 2027. The high-power in-wheel motors are suitable for rear wheel installation as majority of the passenger weight is handled by the rear wheel. Hence rear hub motor provides better traction on the rear wheel
• The market primarily includes power output such as below 1 kW, (1-3) kW, and above 3 kW. The below 1 kW segment dominated the market in 2019 and is projected to witness a CAGR of 9.1% from 2020 to 2027. These motors are best suited for electric bicycles, electric skateboards, and electric kick scooters
• Asia Pacific is projected to account for majority share of the market over the forecast period due to the presence of majority electric two-wheeler and hub motor manufacturers. The region is anticipated to reach USD 9.4 billion by 2027
• The prominent two wheeler hub motor market participants include QS MOTOR, Heinzmann GmbH and Co. KG., Robert Bosch GmbH, Schaeffler Technologies AG and Co. KG, and NTN Corporation

Read 140 page research report with ToC on «Two Wheeler Hub Motor Market Size, Share & Trends Analysis Report By Vehicle Type (Electric Bike, Electric Motorcycle), By Installation, By Motor, By Sales Channel, By Power Output, By Region, And Segment Forecasts, 2020 – 2027» at: https://www.grandviewresearch.com/industry-analysis/two-wheeler-hub-motor-market 

The increasing rate of environmental degradation through vehicular emissions has become a key concern for governments across the globe. Therefore, several governments are taking steps to promote the shift from traditional vehicles to eco-friendly transportation. Hence, the government has announced incentives on road tax, purchase tax, import tax, and low or zero registration fee for electric two-wheelers for both manufacturers and end-users. Moreover, substantial investments from automakers are estimated to cater to the increasing demand for electric two-wheelers. This, in turn, is expected to play a crucial role in the evolution of the market.

Asia Pacific dominated the two wheeler hub motor market in 2019 and is expected to continue its dominance over the forecast period. The region is majorly driven owing to the presence of electric two-wheeler and motor manufacturers in China. The country accounts for over 70.0% of the overall electric two-wheeler market in the region. Moreover, the growth in the electric two-wheeler industry in India, South Korea, and Japan is anticipated to trigger the demand for in-wheel motors.

Furthermore, several government regulations to promote the adoption for electric two-wheelers is one of the vital factor influencing the regional market growth. For instance, in 2018, the government of India increased financial support valued at USD 1.3 billion for electric vehicles under its FAME II program. The step was aimed at providing the demand-side incentives for electric two-wheelers, three-wheelers, cars, and buses. Such initiatives are anticipated to fuel the growth of the market from 2020 to 2027.

The market is fragmented in nature owing to the presence of several key manufacturers. However, the prominent electric two-wheeler manufacturers usually undergo strategic agreements with their suppliers to bridge the demand and supply gap of the industry. Some of the significant manufacturers in the market are NTN Corporation; Robert Bosch GmbH; QS Motors; and Schaeffler Technologies AG & Co. KG.  

Grand View Research has segmented the global two wheeler hub motor market based on vehicle type, installation, motor, power output, sales channel, and region:

• Two Wheeler Hub Motor Vehicle Type Outlook (Revenue, USD Million, 2016 – 2027)
• Electric Scooter/Moped
• Electric Bike
• Electric Motorcycle
• Others
• Two Wheeler Hub Motor Installation Outlook (Revenue, USD Million, 2016 – 2027)
• Front
• Rear
• Two Wheeler Hub Motor Outlook (Revenue, USD Million, 2016 – 2027)
• Geared
• Gearless
• Two Wheeler Hub Motor Sales Channel Outlook (Revenue, USD Million, 2016 – 2027)
• OEM
• Aftermarket
• Two Wheeler Hub Motor Power Output Outlook (Revenue, USD Million, 2016 – 2027)
• Below 1 kW
• (1-3) kW
• Above 3 kW
• Two Wheeler Hub Motor Regional Outlook (Revenue, USD Million, 2016 – 2027)
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia Pacific
• Japan
• China
• India
• South Korea
• Latin America
• Brazil
• Mexico
• Middle East & Africa

Find more research reports on Electronic Devices Industry, by Grand View Research:

• Electric Vehicle Traction Motor Market – The global electric vehicle traction motor market size was valued at USD 1.98 billion in 2018 and is anticipated to expand at a CAGR of 41.6% from 2019 to 2025.
• Stepper Motors Market – The global stepper motors market size was valued at USD 4.6 billion in 2018, expanding at a CAGR of 4.1% during the forecast period.
• Automotive Motor Market – The global automotive motor market size was valued at USD 31.33 billion in 2018 and is expected to expand at a CAGR of 6.7% over the forecast period.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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