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#new car launch in india 2021
rudrjobdesk · 2 years
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आज लॉन्च होगी 480 km की रेंज वाली इंडिया की पहली इलेक्ट्रिक कार, जानें क्या होगी कीमत
आज लॉन्च होगी 480 km की रेंज वाली इंडिया की पहली इलेक्ट्रिक कार, जानें क्या होगी कीमत
नई दिल्ली. MG Motor India ZS EV के अपडेट मॉडल को आज लॉन्च करने जा रही है. MG ZS EV को पहली बार जनवरी 2021 में लॉन्च किया गया था. इसे एक कुछ मामूली बदलावों और अपडेट रेंज के साथ फिर से लॉन्च किया जा रहा है. MG ZS EV के अपडेट मॉडल में पहले से ज्यादा 480 km की रेंज मिलेगी. यानी यह सिंगल चार्चिंग पर 480 km चलेगी. हालांकि, लॉन्चिंग से पहले ही कंपनी ने इसके लुक्स और फीचर्स के खुलासा कर दिया था. MG ZS EV…
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thehopefuljournalist · 10 months
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This article isn't solely about the environment, but some of the things there are, so I'll summarize them for you :)
Bhutan and India boosted tiger numbers
According to Bhutan's latest tiger census, tigers have increased their population from 103 to 131 since 2015 - which is a rise of 27 per-cent.
This follows the country's major interventions to help the wild tiger population, including community based tiger conservation programmes, habitat improvement and human-wildlife conflict management projects. 
Tigers are, of course, still at risk, but Bhutan's dedication to help and preserve their population is inspiring.
India has also reported a six pre-cent rise in their wild tiger population since last year. The country is believed to be populated by 3,682 tigers now.
Germany’s €49 travel pass
A part of a green new policy in Germany, a €49 (£42)-a-month pass allowing unlimited travel on buses and trains in Germany. 
This will result in about 25 per-cent rise (per year) in the numbers of people choosing public transport instead of cars - a low carbon way of transport (according to the national rail operator Deutsche Bahn (DB)). 
The Deutschlandticket launched on 1 May as a plan to lower the cost of living and encourage people to take the train instead of driving.
It seems to already have some great results: The Association of German Transport Companies says that almost 10 million people had used the pass by the end of June. DB has also said that trains to holiday destinations were busier this summer.
UK crop yields rose despite a fall in fertiliser use
 New data from the UK’s Department for Environment, Food and Rural Affairs (Defra) revealed that UK crop yields rose last year, despite a sharp decline in fossil fuel fertiliser use. Many believed that these fertilisers were necessary, but this data proves that belief wrong.
According to Defra, wheat, barley, oilseed rape and sugar beet yields rose by 2.4 per cent in 2022, while fertiliser use fell by a reported 27 per cent. 
These artificial fertilisers are made using natural gas, and because the prices soared in 2022, following Russia's invasion of Ukraine, farmers had to either use much less of them, or embrace more natural alternatives.
England’s plastic bag charge was hailed a success
Since the government in England forced supermarkets to charge 5p a plastic bag, there's been a 98 per-cent reduction of single use plastic bags.
That’s according to figures from the Department for Environment, Food and Rural Affairs, which introduced the charge in 2015, then increased it to 10p in 2021. 
Environmental campaigners welcomed the figures, but urged the UK government not to row back on other green policies, including a deposit return scheme for plastic bottles and rules to make plastic producers contribute to clean-up costs. Both policies have been delayed until 2025. 
Have a good weekend everyone!
Let me know, what good news have yo read or heard about lately?
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mariacallous · 1 year
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Russia isn’t fighting Ukraine alone. Alongside its soldiers are African conscripts, supported by Iranian drones and partly funded by stolen gold and diamonds. They may soon be joined by “lethal support” from China, according to U.S. officials.
For these vital contributions, Russian President Vladimir Putin can thank his fellow autocrats. And he’s returning the favor: Despite the invasion’s heavy toll on Russia, he still sends resources to other embattled dictators. Autocrats, like democrats, are finding that war offers them new opportunities to cooperate. And dictators’ inherent interest in staying in power means that their collaboration will continue regardless of whether Ukraine prevails.
These networks weren’t created overnight but reflect prolonged efforts by Russia, China, and likeminded regimes to make the world safe for autocracy—particularly following the Western response to Putin’s first Ukraine invasion in 2014. Their activities include neutering international civil society, spreading disinformation, and exporting surveillance technology. Today’s war in Ukraine illustrates the power of these networks—coalitions not of the willing but the wanton—to not only sustain authoritarianism where it already exists, but to export it by force.
These networks have impeded Western attempts to isolate the Kremlin and starve its war machine. Within days of the invasion, Western diplomats made Russia the most sanctioned country in the world. At first, these penalties appeared to be working: They erased Russia’s post-Soviet development gains, and more than a thousand international companies left the country. But Russia built new ties. For instance, as oil exports to the West fell in 2022, purchases from China and India—countries that did not condemn the invasion—made up the difference, contributing to Russia’s record $227 billion trade surplus. Russia used these funds to pay for the war and blunt its economic consequences for ordinary Russians. On the diplomatic front, Russia has been heavily courting African nations.
Belarus’s Aleksandr Lukashenko has aided Putin the most, hosting Russia’s troops and allowing missile launches from Belarusian territory, but these authoritarian networks stretch much farther than neighboring countries. Take, for example, Sudan. When sanctions sent the value of Russian rubles plunging to record lows, the Kremlin turned to its gold reserves to prop it up. In order to fill those reserves—which had tripled in size since Russia’s 2014 invasion—the Russians have been colluding with Sudan’s military dictatorship to smuggle billions of dollars’ worth of gold out of the country. One shipment, hidden under boxes of cookies, was scheduled to depart Khartoum just days after the invasion.
Russia’s Sudanese gold-mining front is called Meroe Gold. It began operations in 2017, weeks after the country’s then-dictator, Omar al-Bashir, asked Putin for help staying in power. Russia dispatched advisors from the Wagner Group, the ruthless Kremlin-linked mercenary group fighting in Ukraine and around the world. Wagner’s advice lived up to its reputation: During Sudan’s 2018 protests, its personnel told al-Bashir to execute individual demonstrators to set an example. After pro-democracy protests ousted al-Bashir in 2019, Wagner cozied up to Sudan’s military, which toppled the country’s nascent democratic government in 2021. In return, Wagner was given free rein of the mining industry. It has eliminated the competition by massacring dozens of miners near Sudan’s border with the Central African Republic (CAR).
The Central African story is depressingly similar to Sudan’s. Besieged by rebels, in 2018 the country’s president appealed to the Kremlin for arms and to Wagner to train his troops. Unlike in Sudan, in 2020 Wagner began to fight the insurgents directly. As payment, the government ceded control of the diamond industry. Wagner forces artisanal miners to sell only to its shell company, Diamville, through intimidation and violence. The blood diamonds are then smuggled out of the country and sold unofficially on Facebook and Instagram and officially through dealers in the West in order to fund Wagner’s operations.
In addition to money, Wagner—facing heavy losses in Ukraine—is drawing manpower from the CAR and its neighbors. It has recruited imprisoned murderers, rapists, and even rebels convicted of killing CAR soldiers (Wagner’s ostensible allies), promising freedom and cash to anyone willing to fight in Ukraine. In March 2022, Libyan National Army commander Khalifa Haftar agreed to send mercenaries to fight for Russia, and Syrians are reportedly joining them.
While deployed in Africa, Wagner personnel have behaved with impunity: pillaging, raping, and trafficking women. Nevertheless, when asked, many Central Africans back Moscow or credit Wagner for bringing peace. Sixteen African nations, including the CAR and Sudan, abstained or voted against the February 2023 United Nations resolution calling on Russia to exit Ukraine. This is a testament not only to public opinion (or indifference) about Ukraine’s plight, but also to the appeal of what the Kremlin offers Africa’s autocrats. Leaders of poor but resource-rich countries are effectively giving Wagner bits of their sovereignty—and ignoring any resulting human rights violations—as payment for keeping them in power. And more are interested: Ghana’s president alleged that Burkina Faso’s leadership requested Wagner’s help, offering a mine in return.
Not every case of support for Russia’s war machine is so brazen or features a private military-mafia straight from a James Bond movie. Take the United Arab Emirates (UAE). Its willingness to look past shady financial transactions has allowed billions of dollars to flow to the Kremlin, as much of Sudan’s gold and the CAR’s diamonds are sold illicitly there. The UAE also bills itself as a haven for sanctioned Russian oligarchs, making it easy for them to come, buy Emirati citizenship, and park their yachts, planes, and ill-gotten gains. Turkey has become an entrepôt for European businesses seeking to continue trading with Russia. Chinese defense companies are supplying the Kremlin with crucial navigation, radio-jamming, and fighter jet components.
Armaments are also a growing part of Russia’s dealings with Iran, another embattled, sanctioned autocracy. Iranian drones have played a “central role” in attacks on Ukrainian civilians. And more are coming: The two countries are planning to build a factory in Russia to produce at least 6,000 of them. Iran, for its part, should receive around 24 Russian fighter jets by March. It also turned to Russia for counsel on defusing the protests sparked by Mahsa Amini’s death, so the Kremlin reportedly dispatched advisors. These actions are leading Moscow and Tehran toward a “full-fledged defense partnership.”
Not all autocrats are moving toward Putin. In principle, Venezuela’s regime consistently supports Russian imperialism: It took Russia’s side against Georgia in 2008, recognized Crimea as Russian, and blamed the West for the Ukraine invasion. And Putin helped Venezuela’s dictator to sell oil as democracies recognized the opposition government-in-exile and imposed crushing sanctions. But now, in practice, relations between Venezuela and the West are normalizing: Maduro wants to sell oil, and the West wants to stop buying it from Russia.
Venezuela shows that these coalitions of the wanton are as easy to make as they are to break, for they are held together only by self-interest. Nevertheless, these ties are bound to proliferate as autocrats turn to each other amid crisis. The Kremlin in particular views these networks as fundamental to maintaining power at home and waging a perceived existential struggle against the West. In other words, autocrats already see their struggles against democracy—whether in Iran, Sudan, or Ukraine—as interconnected and act accordingly. Democracies must learn to do the same.
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anveshanblog · 12 days
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AUTOMOTIVE HEAT EXCHANGER MARKET BILLION AT USD 8.30
Automotive Heat Exchanger Market Outlook 2023-2027
The Automotive Heat Exchanger Market is projected to witness substantial growth, with an estimated increase of USD 8.30 billion at a Compound Annual Growth Rate (CAGR) of 6.41% from 2022 to 2027. This growth is driven by several factors, including the continued reliance on internal combustion (IC) engines for mobility in emerging economies, the surge in passenger car sales, and the imposition of governmental regulations mandating the adoption of efficient HVAC systems in vehicles. These factors underscore the imperative to address environmental concerns and enhance energy efficiency across the automotive sector. With a focus on meeting regulatory standards and consumer demands for sustainable transportation solutions, the market is set for significant expansion, propelled by advancements in vehicle technology and an increasing emphasis on environmental sustainability in the automotive industry.
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Automotive Heat Exchanger Market Forecast
For deeper insights into this report, Request Free Sample of the Automotive Heat Exchanger Market Analysis Growth Report.
Market Segmentation
This automotive heat exchanger market overview report extensively covers market segmentation by application (passenger cars, ICVs, and M and HCVs), type (plate bar, tube fin, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. The market is undergoing significant transformations due to various factors such as supply chain activities, large-scale manufacturing, and restrictions on travel affecting demand dynamics. While declining sales pose challenges, the market is witnessing an uptick driven by the production of light vehicles and rising demand for passenger vehicles. The shift towards engine downsizing and lightweight automotive materials further propels growth, alongside the increasing adoption of hybrid and electric vehicles. However, challenges persist, including volatility in raw material prices and the complexity of designing advanced heat exchangers. With governments implementing zero-emission standards and incentives for vehicle manufacturing, the market is poised for expansion, particularly in emerging and developing countries.
Segment Overview
The automotive heat exchanger market growth report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in USD Billion for the period 2023 to 2027, as well as historical data from 2017 to 2021 for the following segments:
Application Outlook: Passenger cars, LCVs, M and HCVs
Type Outlook: Plate bar, Tube fin, Others
Region Outlook: APAC, North America, Europe, South America, Middle East & Africa
Market Segmentation By Application
The passenger cars segment is expected to witness significant market share growth during the forecast period. OEMs are equipping their passenger cars with brazed copper heat exchangers that have a longer lifespan and can last for ten years, reducing replacement costs. These heat exchangers are about 35% lighter than traditional ones, as their fins and tubes are manufactured with fewer materials. Hence, the growth in the passenger cars segment is expected to fuel the market's growth, as predicted in the automotive heat exchanger market forecast report.
Regional Analysis of the Automotive Heat Exchanger Market
APAC is estimated to contribute 54% to the growth of the global market during the forecast period. Analysts have elaborated on the regional trends and drivers shaping the market during this period. The increasing disposable incomes and the launch of new car models by OEMs are the main factors driving the market. Moreover, the perception of achieving a higher social status by owning a car is driving the market for passenger cars in China and India despite the increasing rates of traffic congestion, government regulations for owning passenger cars, and rising levels of vehicular pollution. APAC has the maximum number of potential first-time buyers of passenger cars, which is also increasing the number of passenger car sales, ultimately fueling the market's growth in the region.
Download the AUTOMOTIVE HEAT EXCHANGER MARKET Sample PDF Report
Automotive Heat Exchanger Market Dynamics and Customer Landscape
The market is experiencing a shift towards medium-term growth, driven by increased production of vehicles and rising adoption of innovative technologies like battery thermal management systems. While traditional heat exchanger manufacturers play a significant role, challenges such as volatility in raw material prices and the complexity of designing advanced exchangers hinder progress. However, government initiatives like the California ZEV program and efforts to enhance charging infrastructure are propelling the market forward. With a focus on reducing environmental pollution and meeting zero-emission standards, the demand for heat exchangers is rising across diverse applications in the automotive sector. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Automotive Heat Exchanger Market Drivers
The heavy dependence on IC engines for mobility in emerging countries is notably driving market growth. Emerging countries like India and China are witnessing an increase in the preference for mobility through roadways. In the commercial vehicle segment, there is hardly any vehicle that runs on batteries or alternate fuels. Hence, there is a high reliance on internal combustion (IC) engines for transportation. One of the main reasons why road transport is preferred for mobility and the transportation of cargo is the limited availability of rail services. The lack of effective rail services for logistics is forcing freight companies to choose roadways as a reliable mode of transportation. Heavy-, medium-, and light-duty vehicles are extensively used for transporting cargo in China. In India, road transportation
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shitalwagh · 2 months
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Connected Cars Market Opportunities, Challenges, Strategies and Forecasts by 2031       
The “Connected Cars Market Share, Size, and Trends | 2031” is market research by The Insight Partners. The Connected Cars market has perceived tides of change in the recent past. This study offers precise projections after detailed scrutiny of a range of factors impacting the business.  Considering the present market scenario, this report brings forward correct predictions on revenue, market size, and CAGR of the Connected Cars market. The novel market research which is based on a fact-based foundation is now accessible for purchase. This report can make a variance in wide decision-making and drive business forward in the right direction.
Business is no longer a game of instincts when it comes to capitalizing on new production lines. In a highly competitive Connected Cars market, companies may face several challenges. Having trusted market research is always endorsed for both veteran and new entrants. Connected Cars Market report presents a thorough analysis of local, regional, and global market scenarios through the following details.
Report Attributes
Details
Segmental Coverage
By Type
4G/LTE
3G
2G
Bluetooth and others
Others
Geography
Navigation
Telematics and Infotainment
Others
Regional and Country Coverage
North America
 
US
Canada
Mexico
Europe
 
UK
Germany
France
Russia
Italy
Rest of Europe
Asia Pacific
 
China
India
Japan
Australia
Rest of APAC
South / South & Central America
 
Brazil
Argentina
Rest of South/South & Central America
Middle East & Africa
 
South Africa
Saudi Arabia
UAE
Rest of MEA
Market Leaders and Key Company Profiles
  Google Inc., Tesla, Inc., AUDI AG, BMW AG, Volvo Car Corporation, Robert Bosch GmbH, Delphi Automotive LLP, DENSO CORPORATION, AT&T Inc., Vodafone Group PLC. , and other key companies 
Competitive Landscape
Knowing the state of rivals is a strategically right move to outperform them. This report is the right place to explore key strategies, developments, and recent launches by key Connected Cars market players. This report emphasizes an analysis of business strategies and expected growth opportunities for brands.
Key Coverings:
Current and Future Market Estimates- Connected Cars Market Share, CAGR, and Forecast | 2031
Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities
Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.
Competition Matrix – Key Market Players and Strategies
Recent Developments and Innovation Contributing Market Growth
Need a Customized Market Research Report?
You can always share any specific requirements that you have, and our team will adjust the scope of research offerings as per your needs.
The following are some customizations our clients frequently ask for:
The Connected Cars market report can be customized based on specific regions/countries as per the intention of the business
The report production was facilitated as per the need and following the expected time frame
Insights and chapters tailored as per your requirements.
Depending on the preferences we may also accommodate changes in the current scope.
Key Questions Addressed in the Connected Cars Market Research Include:
What are present Connected Cars market values, and what can be expected in the upcoming decade?
What are the key segments in the Connected Cars market?
What is the regional distribution of the Connected Cars market report?
What are the key players and their recent strategies?
What are the key factors driving Connected Cars market growth?
What are regulatory concerns and requirements businesses have to compel?
Author’s Bio:
Shital Wagh
Senior Market Research Expert at The Insight Partners
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bharatmobility · 4 months
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Vehicle Scrappage Policy
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The Vehicle Scrappage Policy, launched on August 13, 2021, is a government-funded programme to replace old vehicles with modern & new vehicles on Indian roads. The policy is expected to reduce pollution, create job opportunities and boost demand for new vehicles. Several countries including the US, Germany, Canada and China have introduced vehicle scrappage policies to boost their respective automotive industries and curtail vehicular pollution. Large automakers are onboarding this policy by launching scrappage centres including CERO by Mahindra & Mahindra (2018) and Maruti Suzuki Toyotsu by Maruti Suzuki and Toyota (2019). This policy also supports India’s ‘Green India’ mission, as it creates space for a cleaner fleet of vehicles.
Register Now: https://bit.ly/3RrDnEq
According to the new policy, commercial vehicles aged >15 years and passenger vehicles aged >20 years will have to be mandatorily scrapped if they do not pass the fitness and emission tests. The policy does not treat a vehicle as scrap just because of its age, but considers other factors such as quality of brakes, engine performance and others. The objective is to phase out old cars, reduce urban pollution levels and stimulate automotive sales, which continues to record slowdown amid India’s post-COVID recovery phase. Additionally, the vehicle scrappage policy is also said to be a part of a larger stimulus package majorly requested by original equipment manufacturers (OEMs) to stir their demand.
Under the policy, automated testing stations and scrapping facilities will be set up in phases. Currently, 75 stations are proposed under Phase 1; this count will gradually scale up to 450–500 stations across the country. The government has also welcomed private players to invest in setting up such stations through partnership with the state governments. The government also plans to set up 50–70 facilities for scrapping vehicles in the next 4–5 years. An automobile industry body—the Society of Indian Automobile Manufacturers (SIAM)—has urged the government to allow dealer workshops to function as inspection and certification stations, as establishing new ones may not be commercially viable and delay the policy developments and implementation.
The Vehicle Scrappage Policy extends many obvious benefits, besides pollution control and improved road safety factor. Union Minister Mr. Nitin Gadkari has highlighted that raw materials derived from scrapped vehicles such as copper, rubber, steel, aluminium and plastic can be reused in new vehicles, which can help reduce the price of new vehicles and subsequently, boost sales.
Some incentives for scrapping old vehicles and buying new ones are as follows:
Manufacturers can give up to 5% discount for buying new vehicles
Zero registration fee for new vehicle purchase
Owners can receive scrap value equivalent of 4–6% of ex-showroom price of new vehicles
States can give up to 25% and 15% rebate on road tax for personal and commercial vehicles, respectively
According to the Ministry of Road Transport and Highways (MORTH), India is home to 2.1 crore vehicles that are older than 20 years, with the highest number in Karnataka (39.4 lakh), followed by Delhi (36.1 lakh), Uttar Pradesh (26.2 lakh), Kerala (20.6 lakh), Tamil Nadu (15.9 lakh) and Punjab (15.3 lakh). The policy will likely result in the following projected gains:
30% boost for the Indian automobile industry, from the current Rs. 4.5 lakh crore (US$ 61.46 billion) turnover to Rs. 10 lakh crore (US$ 136.59 billion) over the coming years
Export component of Rs. 1.45 lakh crore (US$ 19.81 billion) in the current turnover is likely to go up to Rs. 3 lakh crore (US$ 40.98 billion)
Decrease India’s huge Rs. 10 lakh crore (US$ 136.59 billion) crude import bill
Attract new investments of ~Rs. 10,000 crore (US$ 1.37 billion) and create as many as 35,000 jobs
The Vehicle Scrappage Policy has been welcomed by most states. Most car dealers in Gujarat have expressed optimism at the new policy enforcements. Mr. Pranav Shah, Chairman, Federation of Automobile Dealers Associations (FADA) in Gujarat, believes that the scrappage policy will boost sales of new vehicles on the back of proposed discounts on new car purchases against vehicle scrappage certificates. Other experts in the industry have stated that the turnaround time of cars will reduce, generating more demand for new cars. The state of Maharashtra is outlining SOPs (that will be soon rolled out) for setting up digitised scrapping centers. The Delhi Government issued a public notice prohibiting plying of over 15-year-old petrol vehicles and over 10-year-old diesel vehicles. The owners of such vehicles have been advised to get their vehicles scrapped through authorized facilities at the earliest, failing which the vehicles can be impounded.
The Tamil Nadu govt. has reported mixed responses towards the scrappage policy, raising concerns of owners of second-hand or third-hand cars as they may have a tough time finding potential buyers. Additionally, some stakeholders from the state also believe that a well-maintained car fetches a good price irrespective of its age. Mr. Wilson Joseph of BRK Automobiles, who owns a used cars business in Chennai, expressed doubts over how the policy will cater to the second-hand cars market. The policy has received a similar response from lorry/truck owners in the state. 
However, at a broader level, the policy has a good mix of incentives for new vehicle buyers and automotive dealers and hence, is anticipated to generate positive results in the near future. This will also pave the way for a whole new business segment—‘Scrappage Facility’—which will flourish in a well-organised manner. Additionally, the policy addresses the intent of all stakeholders from exporters, importers, car dealers, micro, small & medium enterprises (MSMEs), original equipment manufacturers (OEMs) and end consumers. Prime Minister Mr. Narendra Modi, while introducing the policy stated, “The policy is an important link to achieve the circular economy of waste to wealth. It will also energise India's auto sector and metal sector under the principles of reuse, recycle and recover.” The Vehicle Scrappage Policy is expected to truly touch every aspect of the automobile industry in India, the result of which is expected to churn in the years to come.
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brookstonalmanac · 5 months
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Events 1.6 (after 1910)
1912 – New Mexico is admitted to the Union as the 47th U.S. state. 1912 – German geophysicist Alfred Wegener first presents his theory of continental drift. 1929 – King Alexander of the Serbs, Croats and Slovenes suspends his country's constitution (the January 6th Dictatorship). 1929 – Mother Teresa arrives by sea in Calcutta, India, to begin her work among India's poorest and sick people. 1930 – Clessie Cummins arrives at the National Automobile Show in New York City, having driven a car powered by one of his diesel engines from Indianapolis. 1941 – United States President Franklin D. Roosevelt delivers his Four Freedoms speech in the State of the Union address. 1946 – The first general election ever in Vietnam is held. 1947 – Pan American Airlines becomes the first commercial airline to offer a round-the-world ticket. 1950 – The United Kingdom recognizes the People's Republic of China.[31] The Republic of China severs diplomatic relations with the UK in response. 1951 – Korean War: Beginning of the Ganghwa massacre, in the course of which an estimated 200–1,300 South Korean communist sympathizers are slaughtered. 1960 – National Airlines Flight 2511 is destroyed in mid-air by a bomb, while en route from New York City to Miami. 1960 – The Associations Law comes into force in Iraq, allowing registration of political parties. 1967 – Vietnam War: United States Marine Corps and ARVN troops launch "Operation Deckhouse Five" in the Mekong River delta. 1969 – Allegheny Airlines Flight 737 crashes in Lafayette Township, McKean County, Pennsylvania, United States, killing 11. 1974 – In response to the 1973 oil crisis, daylight saving time commences nearly four months early in the United States. 1989 – Satwant Singh and Kehar Singh are sentenced to death for conspiracy in the assassination of Prime Minister Indira Gandhi; the two men are executed the same day. 1992 – President of Georgia Zviad Gamsakhurdia flees the country as a result of the military coup. 1993 – Indian Border Security Force units kill 55 Kashmiri civilians in Sopore, Jammu and Kashmir, in revenge after militants ambushed a BSF patrol.[ 1993 – Four people are killed when Lufthansa CityLine Flight 5634 crashes on approach to Charles de Gaulle Airport in Roissy-en-France, France.[ 1994 – U.S. figure skater Nancy Kerrigan is attacked and injured by an assailant hired by her rival Tonya Harding's ex-husband during the U.S. Figure Skating Championships.[ 1995 – A chemical fire in an apartment complex in Manila, Philippines, leads to the discovery of plans for Project Bojinka, a mass-terrorist attack.[ 2000 – The last natural Pyrenean ibex, Celia, is killed by a falling tree, thus making the species extinct. 2005 – Edgar Ray Killen is indicted for the 1964 murders of Chaney, Goodman, and Schwerner during the American Civil Rights Movement. 2005 – A train collision in Graniteville, South Carolina, United States, releases about 60 tons of chlorine gas. 2012 – Twenty-six people are killed and 63 wounded when a suicide bomber blows himself up at a police station in Damascus. 2017 – Five people are killed and six others injured in a mass shooting at Fort Lauderdale–Hollywood International Airport in Broward County, Florida. 2019 – Forty people are killed in a gold mine collapse in Badakhshan province, in northern Afghanistan. 2019 – Muhammad V of Kelantan resigns as the Yang di-Pertuan Agong of Malaysia, becoming the first monarch to do so. 2021 – Supporters of U.S. President Donald Trump attack the United States Capitol to disrupt certification of the 2020 presidential election, resulting in five deaths and evacuation of the U.S. Congress.
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wealthview · 5 months
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Ola Electric IPO Date, Price, GMP, Review, Company Profile, Risks & Financials 2023
New Post has been published on https://wealthview.co.in/ola-electric-ipo/
Ola Electric IPO Date, Price, GMP, Review, Company Profile, Risks & Financials 2023
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Ola Electric IPO: Ola Electric is a young Indian electric vehicle (EV) company, aiming to disrupt the transportation landscape with its electric scooters and cars. They compete in the rapidly growing Indian EV market, fueled by government incentives and increasing environmental awareness.
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Ola Electric IPO Details:
Ola Electric Company Profile:
Ola Electric Financials:
Ola Electric IPO Objectives:
Ola Electric IPO Lead Managers & Registrar:
Ola Electric IPO Risks:
Ola Electric IPO Details:
IPO status: Not yet launched. DRHP filed with SEBI on December 22, 2023.
Expected timeline: Subscription likely in early 2024, listing soon after.
Offer size: Up to ₹5,500 crore fresh issue and offer for sale of 95,191,195 shares.
Price band: Not yet announced. Targeted valuation is $7-8 billion.
News and Developments:
Positive buzz: Filing the DRHP is a crucial step, generating excitement among investors and analysts.
Funding secured: Recent reports about Ola Electric securing $500 million in loan B financing demonstrate investor confidence.
Gigafactory progress: Progress on Ola’s ambitious Gigafactory project in Tamil Nadu adds weight to their production capabilities.
Market uncertainty: Global economic worries and potential inflation may dampen investor sentiment for risky ventures like IPOs.
Ola Electric Company Profile:
Ola Electric, a name synonymous with India’s electric vehicle revolution, is rapidly carving its niche in the burgeoning industry. Founded in 2017 by Bhavish Aggarwal, the mastermind behind Ola Cabs, Ola Electric has come a long way in its mission to disrupt the traditional transportation landscape. Let’s delve into the company’s history, operations, and market position.
A Brief History of Electrification:
2017: Ola Electric embarks on its electric journey, initially focusing on electric rickshaws.
2019: The company unveils its first electric scooter, the S1, followed by the S1 Pro in 2020.
2021: Ola Futurefactory, the world’s largest two-wheeler manufacturing facility, is inaugurated in Krishnagiri, Tamil Nadu.
2022: Ola launches its electric car, the Ola S1, marking its entry into the four-wheeler segment.
2023: The company files its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its highly anticipated IPO.
Operations and Market Position:
Products: Ola Electric currently offers a range of electric scooters, including the S1, S1 Pro, and S1 Air, along with its flagship electric car, the Ola S1.
Market Share: In the Indian electric two-wheeler market, Ola Electric holds a dominant position, capturing over 50% share in FY23. However, it faces stiff competition from established players like Hero Electric and Ather Energy.
Global Ambitions: Ola Electric aspires to become a global leader in the EV space, with plans to enter international markets like the UK and Australia.
Key Facts and Figures:
Funding: Ola Electric has raised over $1 billion in funding from prominent investors like SoftBank, Temasek, and Tiger Global.
Valuation: The company is currently valued at around $5.4 billion, potentially reaching $7-8 billion after its IPO.
Employees: Ola Electric employs over 10,000 people across its various operations.
Prominent Brands and Partnerships:
Ola Futurefactory: This state-of-the-art facility boasts a production capacity of 20 million electric two-wheelers per year.
Ola Electric Mobility Institute (OEMI): This dedicated institute focuses on research and development in electric vehicle technology.
Partnerships: Ola Electric has partnered with key players like Flipkart, Axis Bank, and Bharat Petroleum to facilitate e-commerce sales, financing options, and charging infrastructure development.
Milestones and Achievements:
Building the world’s largest two-wheeler factory.
Becoming the leading electric two-wheeler manufacturer in India.
Developing and launching its own electric car within a short timeframe.
Competitive Advantages and USP:
First-mover advantage in the Indian electric scooter market.
Vertically integrated operations, including battery production.
Focus on cutting-edge technology and innovation.
Building a robust charging infrastructure network.
Ola brand recognition and established customer base.
Ola Electric’s journey is a testament to its ambition and agility in the dynamic EV landscape. With its aggressive expansion plans, focus on innovation, and strategic partnerships, the company is poised to play a pivotal role in shaping the future of mobility in India and beyond.
Ola Electric Financials:
Revenue: Ola Electric has demonstrated explosive revenue growth in FY23, with total revenue reaching Rs. 2,782 crore, a rise of over 500% compared to FY22. This growth is primarily driven by increased sales of its electric two-wheelers.
Profitability: Despite the remarkable revenue increase, the company continues to incur losses. Net loss in FY23 stood at Rs. 1,472 crore, widening from Rs. 784 crore in FY22. This is mainly due to high operating expenses associated with factory setup, research & development, and marketing initiatives.
Ola Electric IPO Objectives:
Ola Electric’s decision to go public through an IPO is driven by several key objectives, all of which align with its ambitious future growth strategy:
1. Capital Raising: The primary objective is to raise funds, estimated to be around Rs. 7,250 crore, through a combination of fresh issue and offer for sale (OFS). This capital injection is crucial for:
Funding Growth: Ola Electric aims to expand its product portfolio beyond electric scooters, introducing new models and venturing into four-wheeler segments like electric cars and commercial vehicles.
Building Manufacturing Capacity: Scaling up production capacity for existing and future models requires significant investments in infrastructure and technology. Ola’s Futurefactory, while impressive, needs additional resources to meet its long-term goals.
R&D and Innovation: Continued investment in research and development is essential for staying ahead in the rapidly evolving EV landscape. This includes battery technology advancements, autonomous driving features, and other cutting-edge innovations.
Debt Reduction and Financial Flexibility: A portion of the raised funds might be used to repay or pre-pay existing debt, enhancing the company’s financial stability and flexibility for future investments.
2. Enhanced Brand Recognition and Market Credibility: Going public brings Ola Electric under the public spotlight, increasing brand recognition and attracting a wider investor base. This can solidify its position as a leading player in the Indian EV market and strengthen its credibility among potential partners and customers.
3. Access to Talent and Partnerships: A successful IPO can attract and retain top talent, crucial for executing the company’s growth strategy. Public listing also opens doors for potential partnerships with established players in the automotive, technology, and financial sectors.
Ola Electric IPO Lead Managers & Registrar:
Ola Electric has entrusted a consortium of renowned investment banks to act as lead managers for its highly anticipated IPO:
Lead Managers:
Kotak Mahindra Capital Company Limited: A leading financial institution in India with extensive experience in managing large-scale IPOs, including SBI Cards, HDFC Life, and LIC.
Citigroup Global Markets India Private Limited: Renowned global investment bank with a strong track record in IPOs across various sectors, including Zomato, Nykaa, and Paytm.
BofA Securities India Limited: Global leader in investment banking with extensive experience in managing major Indian IPOs like IRCTC, Indian Railway Finance Corporation, and Coal India.
Goldman Sachs (India) Securities Private Limited: Reputable investment bank with deep expertise in handling tech-oriented and high-growth IPOs, including Delhivery, Macrotech Developers, and Policybazaar.
Axis Capital Limited: Leading domestic investment bank with successful involvement in IPOs like Adani Wilmar, Glenmark Life Sciences, and Dixon Technologies.
ICICI Securities Limited: Established Indian financial institution with significant experience in managing IPOs like Sona BLW Precision Forgings, Indigo Paints, and Astral Poly Technik.
SBI Capital Markets Limited: Investment arm of India’s largest bank, SBI, with significant involvement in IPOs like Glenmark Pharmaceuticals, Larsen & Toubro Infotech, and Indiabulls Real Estate.
BOB Capital Markets Limited: Investment banking arm of Bank of Baroda, with experience in managing IPOs like Aavas Financiers, RBL Bank, and Sundaram Asset Management.
Track Record:
These lead managers collectively boast a proven track record of successfully managing complex IPOs in diverse sectors, highlighting their experience, expertise, and network of investors. This expertise provides investors with confidence in the execution and overall success of the Ola Electric IPO.
Registrar:
Link Intime India Private Limited is appointed as the registrar for the Ola Electric IPO. The registrar’s role involves handling shareholder records, managing share transfers, dividend payments, and other administrative tasks related to the issue and trading of shares. This ensures a smooth and transparent process for investors throughout the IPO and beyond.
Ola Electric IPO Risks:
While Ola Electric’s IPO holds immense potential, it’s crucial to acknowledge and understand the inherent risks associated with investing in this high-growth, high-risk venture. Here are some key points for potential investors to consider:
Industry Headwinds: The EV market, despite its promising prospects, faces challenges like rising battery costs, dependence on government subsidies, and the potential for policy changes. These factors could impact Ola Electric’s profitability and growth trajectory.
Company-Specific Challenges:
Profitability Concerns: Ola Electric continues to incur significant losses, raising concerns about its ability to achieve long-term profitability. The company’s ambitious growth plans might further strain its finances in the short term.
Intense Competition: Established players like Hero Electric and Ather Energy, along with potential new entrants, will intensify competition in the Indian EV market. Ola Electric needs to differentiate itself and maintain its market share to achieve sustained success.
Manufacturing and Supply Chain Risks: Reliance on imported components and potential supply chain disruptions can impact production timelines and delivery schedules, affecting the company’s ability to meet demand.
Execution Risks: Implementing Ola’s ambitious expansion plans and future ventures like car production requires strong execution capabilities. Any missteps or delays could hinder the company’s progress.
Financial Health:
While Ola Electric’s revenue growth is impressive, its current financial position raises some red flags for investors:
High Losses: The company’s net loss nearly doubled in FY23, highlighting the need for significant improvement in cost management and profitability.
Limited Operating History: Ola Electric is a relatively young company with limited operating history, making it difficult to assess its long-term viability and ability to overcome challenges.
Debt Levels: While currently low, the company might need to take on debt to finance its expansion plans, potentially increasing its financial risks.
Ola Electric Mobility Limited – DRHP
Also Read: How to Check IPO allotment status?
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qwertydded · 6 months
Text
Quiklyz extends vehicle leasing and subscription services to 5 additional cities
Vehicles from leading OEMs including Mahindra, Maruti Suzuki, Hyundai, Tata Motors, Kia and other OEMs on offer
Attractive schemes both for personal and corporate customers
Quiklyz now spreads across 13 cities, pan India
Mumbai, 3rd March 2022: Quiklyz, the vehicle leasing and subscription platform of Mahindra & Mahindra Financial Services (Mahindra Finance/ MMFSL), today announced expansion of its services in 5 additional cities. With this announcement, Quiklyz will be now available across 13 cities pan India.
The cities in which Quiklyz have started the service include Ahmedabad, Kolkata, Manesar, Faridabad and Ghaziabad. The company is planning to expand its presence in 30 cities over the next 3 months. Quiklyz earlier had launched its services in 8 metro cities including Bengaluru, Chennai, Delhi, Gurugram, Hyderabad, Mumbai, Noida, and Pune in November 2021.
Speaking on expansion in new geographies, Turra Mohammed, SVP & Business Head – Quiklyz commented. "We have seen very good traction since our launch both with our Retail subscription product through Quiklyz.com and our Corporate lease products. With shift in consumer mindset and more openness towards flexible vehicle ownership models, we are very excited to rapidly take Quiklyz across many more cities”.
‘Quiklyz’, a new-age digital platform aims to provide great convenience, flexibility and choice to customers across geographies. The company offers hassle free access to vehicle to its customers. . Quiklyz will be available to both retail and corporate customers. Under the corporate segment, it aims to offer services to and fleet operators, while in the retail segment the company will offer services to a wide range of customers, especially millennial mindset salaried and self-employed individuals.
Quiklyz currently has largest portfolio of electric vehicles (EVs) on its leasing and car subscription platform. The vehicles from leading OEMs including Mahindra, Tata Motors, Mercedes-Benz, MG, Audi, and Jaguar will be on offer for customers. Quiklyz’s value proposition for its customers include zero down payment schemes, range of subscription tenure options, only one fixed monthly fee, white number plate and RC in customer’s name, no resale or maintenance hassle, and more.
The customers can access various offerings and book their dream vehicle on Quiklyz.com. The website will facilitate extremely simple vehicle booking and delivery journey for the customer. Additionally, customers can also reach out to Quiklyz over email at [email protected] or call 1800-209-7845 for support.
About Mahindra & Mahindra Financial Services Limited 
Mahindra & Mahindra Financial Services Limited (Mahindra Finance), part of the Mahindra Group, is one of India’s leading non-banking finance companies. Focused on the rural and semi-urban sector, the Company has over 7.3 Million customers and has an AUM of over USD 11 Billion. The Company is a leading vehicle and tractor financier, provides loans to SMEs and also offers fixed deposits. The Company has 1,388 offices and reaches out to customers spread over 3,80,000 villages and 7,000 towns across the country. 
Mahindra Finance has been ranked 54th among India’s Best Companies to Work 2021 by Great Place to Work Institute.
Mahindra Insurance Brokers Limited (MIBL), the Company's Insurance Broking subsidiary is a licensed Composite Broker providing Direct and Reinsurance broking services. 
Mahindra Rural Housing Finance Limited (MRHFL) a subsidiary of Mahindra Finance provides loans for purchase, renovation, construction of houses to individuals in the rural and semi-urban areas of the country. 
Mahindra Finance CSR Foundation is a wholly-owned subsidiary company, under the provisions of section 8 of the Companies Act, 2013 for undertaking the CSR activities of the Company and its subsidiaries. 
Mahindra Manulife Investment Management Private Limited (formerly known as Mahindra Asset Management Company Private Limited) acts as the Investment Manager of Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Investment Management Private Limited to Manulife Investment Management (Singapore) Pte. Ltd., to form a 51:49 joint venture. 
Mahindra Manulife Trustee Private Limited (MMTPL), (formerly known as Mahindra Trustee Company Private Limited) acts as a Trustee to Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Trustee Private Limited to Manulife Investment Management (Singapore) Pte. Ltd. to form a 51:49 joint venture.
The Company has a Joint Venture in the US, Mahindra Finance USA LLC, in partnership with De Lage Landen, a subsidiary of Rabo Bank, for financing Mahindra vehicles in the US. 
Ideal Finance Limited (Ideal Finance) is a subsidiary of the Company in Sri Lanka, in which the Company owns 58.2% stake. Ideal Finance focuses on providing a diversified suite of financial services to the Sri Lankan market. 
Learn more about Mahindra Finance on www.mahindrafinance.com / Twitter and Facebook: @MahindraFin
About Mahindra
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.  
The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room
Media Contact: 
Mohan Nair 
Head – Communications, 
Mahindra & Mahindra Financial Services Limited 
Mobile # : +91 9004012237
Rujuta Deshmukh
Manager – Communications,
Mahindra & Mahindra Financial Services Limited 
Mobile # : 9930467877
0 notes
tannykokane · 6 months
Text
Quiklyz extends vehicle leasing and subscription services
to 5 additional cities
Vehicles from leading OEMs including Mahindra, Maruti Suzuki, Hyundai, Tata Motors, Kia and other OEMs on offer
Attractive schemes both for personal and corporate customers
Quiklyz now spreads across 13 cities, pan India
Mumbai, 3rd March 2022: Quiklyz, the vehicle leasing and subscription platform of Mahindra & Mahindra Financial Services (Mahindra Finance/ MMFSL), today announced expansion of its services in 5 additional cities. With this announcement, Quiklyz will be now available across 13 cities pan India.
The cities in which Quiklyz have started the service include Ahmedabad, Kolkata, Manesar, Faridabad and Ghaziabad. The company is planning to expand its presence in 30 cities over the next 3 months. Quiklyz earlier had launched its services in 8 metro cities including Bengaluru, Chennai, Delhi, Gurugram, Hyderabad, Mumbai, Noida, and Pune in November 2021.
Speaking on expansion in new geographies, Turra Mohammed, SVP & Business Head – Quiklyz commented. "We have seen very good traction since our launch both with our Retail subscription product through Quiklyz.com and our Corporate lease products. With shift in consumer mindset and more openness towards flexible vehicle ownership models, we are very excited to rapidly take Quiklyz across many more cities”.
‘Quiklyz’, a new-age digital platform aims to provide great convenience, flexibility and choice to customers across geographies. The company offers hassle free access to vehicle to its customers. . Quiklyz will be available to both retail and corporate customers. Under the corporate segment, it aims to offer services to and fleet operators, while in the retail segment the company will offer services to a wide range of customers, especially millennial mindset salaried and self-employed individuals.
Quiklyz currently has largest portfolio of electric vehicles (EVs) on its leasing and car subscription platform. The vehicles from leading OEMs including Mahindra, Tata Motors, Mercedes-Benz, MG, Audi, and Jaguar will be on offer for customers. Quiklyz’s value proposition for its customers include zero down payment schemes, range of subscription tenure options, only one fixed monthly fee, white number plate and RC in customer’s name, no resale or maintenance hassle, and more.
The customers can access various offerings and book their dream vehicle on Quiklyz.com. The website will facilitate extremely simple vehicle booking and delivery journey for the customer. Additionally, customers can also reach out to Quiklyz over email at [email protected] or call 1800-209-7845 for support.
About Mahindra & Mahindra Financial Services Limited 
Mahindra & Mahindra Financial Services Limited (Mahindra Finance), part of the Mahindra Group, is one of India’s leading non-banking finance companies. Focused on the rural and semi-urban sector, the Company has over 7.3 Million customers and has an AUM of over USD 11 Billion. The Company is a leading vehicle and tractor financier, provides loans to SMEs and also offers fixed deposits. The Company has 1,388 offices and reaches out to customers spread over 3,80,000 villages and 7,000 towns across the country. 
Mahindra Finance has been ranked 54th among India’s Best Companies to Work 2021 by Great Place to Work Institute.
Mahindra Insurance Brokers Limited (MIBL), the Company's Insurance Broking subsidiary is a licensed Composite Broker providing Direct and Reinsurance broking services. 
Mahindra Rural Housing Finance Limited (MRHFL) a subsidiary of Mahindra Finance provides loans for purchase, renovation, construction of houses to individuals in the rural and semi-urban areas of the country. 
Mahindra Finance CSR Foundation is a wholly-owned subsidiary company, under the provisions of section 8 of the Companies Act, 2013 for undertaking the CSR activities of the Company and its subsidiaries. 
Mahindra Manulife Investment Management Private Limited (formerly known as Mahindra Asset Management Company Private Limited) acts as the Investment Manager of Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Investment Management Private Limited to Manulife Investment Management (Singapore) Pte. Ltd., to form a 51:49 joint venture. 
Mahindra Manulife Trustee Private Limited (MMTPL), (formerly known as Mahindra Trustee Company Private Limited) acts as a Trustee to Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April, 2020 Mahindra Finance divested 49% stake in its wholly-owned subsidiary, Mahindra Manulife Trustee Private Limited to Manulife Investment Management (Singapore) Pte. Ltd. to form a 51:49 joint venture.
The Company has a Joint Venture in the US, Mahindra Finance USA LLC, in partnership with De Lage Landen, a subsidiary of Rabo Bank, for financing Mahindra vehicles in the US. 
Ideal Finance Limited (Ideal Finance) is a subsidiary of the Company in Sri Lanka, in which the Company owns 58.2% stake. Ideal Finance focuses on providing a diversified suite of financial services to the Sri Lankan market. 
Learn more about Mahindra Finance on www.mahindrafinance.com / Twitter and Facebook: @MahindraFin
About Mahindra
Founded in 1945, the Mahindra Group is one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.  
The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise/ For updates subscribe to https://www.mahindra.com/news-room
0 notes
sudeepkedar · 8 months
Text
Car Detailing Service Market 2032: Top Vendors Analysis, Growth Drivers and Geographical Analysis
As per a recent research report, Car Detailing Service Market surpass USD 9.1 Bn by 2032.
The rapid adoption of advanced technologies, including ceramic coatings, steam cleaning, and paint protection films for enhancing the quality and durability of car-detailing services will prove favorable for the market growth. To cite an instance, in November 2021, 3M India launched 3M™ Ceramic Coating, its new premium treatment developed with advanced technology in premium finish and powerful protection for easier car care with minimal maintenance for catering to the automotive and paint sector in India. The surging popularity of eco-friendly as well as sustainable car detailing practices will also play crucial role in the industry development.
Request for Sample Copy report @  https://www.gminsights.com/request-sample/detail/6230
With respect to type, the car detailing service market from the interior detailing segment is poised to witness substantial expansion through 2032 on account of the surging health and hygiene concerns driven by the COVID-19 pandemic. The rising burden of allergies or respiratory issues mainly caused by dust, pollen, and pet dander is necessitating the thorough cleaning of HVAC systems, upholstery, and vents. As per a new SingleCare survey in 2023, nearly 59% individuals reported having allergies, with pollen being the most common. Growing number of interior detailing service investments for the preservation of luxury and high-end vehicles will also drive the segment growth.
Car detailing service market size from the commercial vehicle type segment is slated to record considerable traction through 2032. The growth can be attributed to the growing sustainability goals enforced by several automotive companies on reducing the environmental footprint. The adoption of car detailing services in commercial vehicles provides environmentally friendly options as it deploys eco-friendly cleaning products as well as water-saving techniques. Growing benefits, including customer perception, positive brand image, and employee morale whilst helping in maintaining the appearance, safety, and longevity of vehicles will add to the segment expansion.
Request for customization this report @    https://www.gminsights.com/roc/6230
Europe car detailing service industry size is expected to gain significant momentum between 2023 and 2032 propelled by the rising automotive sales in the region. As per the federal transport authority KBA, around 2.65 million vehicles were registered across Europe's largest economy in the year 2022. Subsequently, the greater desire for maintaining and protecting the value of vehicles has prompted significant interest of consumers in professional car detailing services. The rollout of enhanced health and safety measures, such as sanitization protocols and contactless payment will also influence the regional market growth.
Partial chapters of report table of contents (TOC):
Chapter 2   Executive Summary
2.1    Car detailing service market 360º synopsis, 2018 - 2032
2.2    Business trends
2.2.1    Total Addressable Market (TAM), 2023 - 2032
2.3    Regional trends
2.4    Type trends
2.5    Vehicle type trends
2.6    Service provider trends
Chapter 3   Car Detailing Service Market Industry Insights
3.1    Impact of COVID-19
3.2    Impact of the Netherlands-Ukraine war
3.3    Industry ecosystem analysis
3.4    Vendor matrix
3.5    Profit margin analysis
3.6    Technology & innovation landscape
3.7    Patent analysis
3.8    Key news and initiatives
3.8.1    Partnership/Collaboration
3.8.2    Merger/Acquisition
3.8.3    Investment
3.8.4    Product launch & innovation
3.9    Regulatory landscape
3.10    Impact forces
3.10.1    Growth drivers
3.10.1.1    Increasing demand for vehicle aesthetics
3.10.1.2    Rising ownership of luxury vehicle across the globe
3.10.1.3    Growing regulatory standards and environmental concerns for automotive industry
3.10.1.4    Growth in corporate fleet management
3.10.1.5    Increasing automotive events and exhibitions
3.10.2    Industry pitfalls & challenges
3.10.2.1    Intense market competition
3.10.2.2    Dependence on economic conditions
3.11    Growth potential analysis
3.12    Porter’s analysis
3.13    PESTEL analysis
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact us:
Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: +1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: [email protected] 
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delvenservices · 10 months
Text
Side View Camera System Market size is projected to reach USD 11.4 billion by 2026 at a CAGR of 25.7%
Side View Camera System Market by Camera Type (Single Camera & Multi-Camera), Component (Camera, ECU, and Display), Vehicle (Passenger Car & Commercial Vehicle), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global Side View Camera System Market size is projected to reach USD 11.4 billion by 2026 at a CAGR of 25.7% from USD 7.1 billion in 2021.
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Side view camera is a type of camera which is usually installed in vehicles for safety purposes. It tends to provide a better driving experience by enhancing the view of the driver. It gives the driver a 360-degree view of the surrounding to ensure safe, easy, and comfortable driving experience.
Increased passenger car and commercial vehicle production, focus on improving fuel efficiency by adopting lightweight technology, increased use of electrical and electronic components in vehicles are some of the factors that have supported long-term expansion for Side View Camera System Market.
The COVID-19 pandemic, the side view camera system market witnessed a downfall due to the stringent lockdown imposed by the government of major countries.
Get the Free Sample Copy: https://www.delvens.com/get-free-sample/side-view-camera-system-market-trends-forecast-till-2028
Regional Analysis
Asia Pacific is projected to be the fastest-growing market by 2027. The market growth in the Asia Pacific region is driven by a significant demand for increasing innovations and production volume in China, Japan, South Korea.
Key Players
Hyundai Mobis
Continental AG
Valeo
Magna International
Robert Bosch GmbH
Denso Corporation
Stoneridge
Denso Corporation
Samsung Electro-Mechanics
Mitsubishi Electric Corporation
Make an Inquiry Before Purchase: https://www.delvens.com/Inquire-before-buying/side-view-camera-system-market-trends-forecast-till-2028
Recent Developments
In April 2019, Robert Bosch GmbH launched a digital mirror system for new Nikola Two trucks. Along with the digital mirror, Nikola and Bosch worked together to develop a new fuel cell powertrain. These new Nikola trucks will be equipped with a mirror cam system, perfectly keyless, and serve the twin steering system.
In April 2019, Magna International set up a new facility in Kenitra, Morocco. The company invested USD 11.3 million to build the new 61,400 sq. foot facility for the production of exterior and interior mirror systems. The production expected to begin in spring 2020.
Reasons to Acquire
Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
Gain authentic and granular data access for Side View Camera System Market so as to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Purchase the Research Report: https://www.delvens.com/checkout/side-view-camera-system-market-trends-forecast-till-2028
Report Scope
Side View Camera System Market is segmented into camera type, component, vehicle type and region.
On the basis of Camera Type
Single Camera System
Multi Camera System                            
On the basis of Component
Camera
ECU
Display
On the basis of Vehicle Type  
PC
CV
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
About Us:
Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
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audiwestdelhi · 1 year
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Audi is one of the leading luxury car brands in India. It has a lot of cars for you to buy, like the Audi A4, A7, Q8, and so on. The car was launched in 2021.
19, Shivaji Marg, Main Najafgarh road, Moti Nagar, 110015 New Delhi +91 8238005858
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2023cars · 1 year
Text
The All-New MG Astor: A Revolution in SUV Design
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The All-New MG Astor is a revolutionary SUV that showcases innovative design features and cutting-edge technology. The MG Astor is a compact SUV designed to offer a blend of style, performance, and advanced features. MG Motor, a British automotive brand owned by SAIC Motor, is known for creating vehicles that combine modern aesthetics with technological advancements. Find all the features and MG Astor India price while you visit the PPS MG Showroom in Hyderabad, as you talk to the expert staff.
Here are some aspects that are typically important in an SUV and may also apply to the All-New MG Astor.
Top Features of MG Astor
Exterior Design: The Astor is likely to feature a bold and stylish exterior design, showcasing a prominent front grille, sleek headlights, and well-defined lines that give it a sporty and muscular appearance.
Interior Features: The MG Astor is expected to offer a spacious and comfortable cabin equipped with a range of advanced features. This may include premium upholstery, a modern infotainment system, connectivity options, and various driver-assistance technologies.
Performance and Powertrain: The All-New MG Astor might come with multiple engine options, including petrol and diesel variants, depending on the market. These engines could be paired with manual or automatic transmissions, offering a balance between fuel efficiency and performance.
Safety Features: As SUVs often prioritize safety, the MG Astor is likely to include a comprehensive suite of safety features. This may include advanced driver-assistance systems, such as lane-keeping assist, adaptive cruise control, automatic emergency braking, and a range of passive safety features like airbags and reinforced body structure.
Technology and Connectivity: MG vehicles are known for their emphasis on technology. The Astor might feature an advanced infotainment system with a touchscreen display, smartphone integration (e.g., Apple CarPlay and Android Auto), voice controls, and other connectivity options to enhance the driving experience.
Is MG Astor a SUV?
Yes, the MG Astor is an SUV. It is a compact SUV produced by the British automotive brand MG Motor. The Astor was launched in India in 2021 and is marketed as a stylish and feature-rich SUV. It offers a range of modern technologies and is available with both petrol and hybrid powertrain options. Get all the details including MG Astor top model price, as you visit PPS MG Hyderabad.
What is the Specialty of MG Astor?
MG Motor is known for manufacturing automobiles and offers a range of vehicles including sedans, SUVs, and electric cars. The MG Astor as an SUV has several specialties that set it apart from other vehicles in its segment:
First-in-Segment AI Assistant: One of the key specialties of MG Astor is its advanced AI-powered personal assistant called "Astor Voice Assistant." It is the first car in its segment to feature a built-in AI assistant that uses natural language processing and voice recognition technology to provide a seamless and interactive experience.
The Astor Voice Assistant can perform various tasks like controlling car functions, providing real-time navigation assistance, weather updates, and even engaging in casual conversations. All the technical features are clearly explained by the expert staff at PPS MG Dealer Hyderabad.
Autonomous Level 2 Features: The MG Astor is equipped with advanced driver-assistance systems (ADAS) that provide a higher level of autonomous driving capabilities. It features MG's "ADAS 2.0" technology, which includes functionalities like adaptive cruise control, lane keep assist, forward collision warning, automatic emergency braking, and more. These autonomous features with MG Astor Air Bags enhance safety and convenience during your drive.
Advanced Safety Features: The Astor boasts an array of safety features that are usually found in higher-end vehicles. It includes features like autonomous emergency braking, blind-spot detection, rear cross-traffic alert, lane departure warning, and a 360-degree camera system. These features work together to ensure a safer driving experience for both the occupants and pedestrians.
Connected Car Technology: MG has incorporated advanced connectivity features into the Astor. It comes equipped with MG's i-SMART 2.0 connected car technology, which enables features like real-time navigation, remote vehicle control via smartphone, geo-fencing, vehicle tracking, voice commands, and over-the-air (OTA) updates. The connected features enhance convenience, entertainment, and provide a futuristic driving experience.
Stylish and Premium Design: The MG Astor has a stylish and Premium design that catches the eye. It features a bold front grille, sleek LED headlights, dynamic character lines, and a sculpted body, giving it a modern and attractive look. Its attention to design details sets it apart from other vehicles in its class.
Comfort and Convenience: The Astor offers a comfortable and feature-packed interior. It has spacious seating, premium upholstery, a panoramic sunroof that adds a sense of openness, and a large touchscreen infotainment system with smartphone connectivity. The overall interior design and features contribute to a pleasant and enjoyable driving experience.
What is the efficiency of Astor?
The Astor delivers 9-15 km/l, depending on the variant, while the maximum being the bestMG Astor mileage. The MG Astor is available with three transmission options and powers two engines.
These include a 1.5-liter petrol engine combined with a Continuously Variable Transmission (CVT) or a 5-speed manual transmission. The manual version's claimed fuel efficiency is 14–15 km/l, compared to the CVT version's 10–12 km/l.
Another option for the Astor is a 1.3-liter turbo-petrol engine paired with a 6-speed automatic gearbox. The least economical of the three, it is said to only return 9–12 km/l.
What is the safety star rating of MG Astor?
Many analyzing firms have their own standard ratings. There’s no official review regarding the rating on safety from the brand. Test drive MG Astor at PPS MG Hyderabad Showroom to self-assess how safe it is. Find the latest safety assessments conducted by different testing agencies or check with authorized MG dealerships or official MG websites for the most up-to-date information. They will have the most accurate and recent crash safety ratings available for the MG Astor.
Conclusion:
The power of the brand, which has always been dedicated to meeting customer demands, is exemplified by MG Astor's intellect. The MG Astor, a mid-size SUV, is a shining illustration of how reliable and effective the business is in meeting customer requests. Visit the PPS MG Showroom Hyderabad or schedule a test drive online to learn more about the features, specifications, and MG Astor Price.
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rohittriton · 1 year
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Battery Market: How is lithium-ion the dominant Type?
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From charging our laptops, phones, and cars to being used across power-storage solutions, the extensive use of batteries is evident in our everyday lives. And with the increasingly significant role played by electric storage, electric vehicles (EVs) and renewable power over the next decade, the global dependence on batteries will continue rising expeditiously.
The global battery market was valued at $117457.70 million in 2021 and is expected to grow at a CAGR of 15.68% during the forecast period 2022-2028.
The growth trend is attributed to the high demand for automotive applications, including rechargeable and non-rechargeable EV batteries. The increasing integration of electronics, fuel savings, rise in government incentives for cleaner transportation, and growth in the number of new hybrid and electric automobile models from OEMs are further propelling the expansion of the studied market.
Battery & Technology | Market Advancements
An electric battery is a power source consisting of one or more electrochemical cells that store chemical energy and convert it into electrical energy with external connections. These batteries are used in laptops, cameras, mobiles, electric vehicles, etc.
The manufacturing of electric vehicles is rising over time owing to the government's incentives, such as adopting electric vehicles with AI. These initiatives are expected to lower emissions while achieving greater transportation efficiency per unit of energy. This program creates a global demand for EV batteries such as lithium-ion, thereby promoting the growth of the studied market.
Currently, lead-acid, lithium-ion and nickel-based batteries are widely used battery types across the globe, with a combined market share of approximately 95%. Among all, Lithium-ion (Li-ion) batteries will probably account for the majority of the growth in the forthcoming years. This makes Li-ion the fastest growing battery type in the technology segment, with a CAGR of 18.39%.
Li-ion batteries are already used in a wide range of applications, including portable devices. It also supplies energy for electric vehicles (EV), medical equipment, and power tools. The high use of batteries is due to the unique properties of lithium that make charging and discharging much safer compared to other materials.
Further, the increasing popularity of consumer electronics on a global scale is projected to increase the usage of Li-ion batteries. Such a rise is led by significant developments and technologically advanced product launches by market players. For instance, Toshiba Corporation expanded its SCiB product offering by launching an innovative 20Ah-HP rechargeable lithium-ion battery cell that delivers high power and energy.
Developing Geographical Demographics
Asia-Pacific is evaluated to be the fastest and the largest growing region in the battery market, with a CAGR of 7.11% during the forecast period. The region is a major customer of batteries due to the growing automobile production and rapid industrial development. China and India are the main producers in the consumer electronics sector due to their low setup & production costs and competent labor pool.
Market Player's Strategic Initiatives
As automakers like General Motors, Volkswagen, and Ford Motor make grand declarations about moving toward an electrified, emission-free future, one thing becomes evident: they would require a lot of batteries. This results in intense competition from major battery manufacturers across the region.
The key participants depend on joint ventures and mergers & acquisitions to strengthen their market presence. Some notable initiatives by companies are:
ZincFive and Stored Energy System partnered to provide an innovative and advanced plug-and-play generator starter solution for the existing field installations and new OEM generators.
Urban Electric Power and Alchemy Industrial announced a partnership to launch Ohm Core, a residential energy storage system based on rechargeable alkaline batteries.
Tesla signed a new long-term battery cell agreement with CATL with the intent to secure a large battery supply in the auto sector.
Concluding Statement
The enhancing technology and increasing demand and adoption of various batteries in various electronic devices are leading the battery market. Yet, the market faces restraint by factors such as safety issues related to battery usage, volatility in raw material prices, and issues relating to battery recycling.
Although, various safety standards and other related tests have been developed to analyze battery performance and meet the safety requirements. For instance, China's GB/T 31485–2015 standard safety test helps establish strict standards for lithium-ion batteries. Such vigorous tests related to battery safety ensure no problems in the future under normal working conditions.
FAQ
Q1) How is the market segmented in terms of battery type?
Based on battery type, the market is segmented into primary and secondary batteries.
Q2) How is the bargaining power of buyers in the market?
The bargaining power is high due to the significant number of players present in the market.
Q3) What was the impact of COVID-19 on the battery market?
Given that China is home to more than half of the world’s battery manufacturing facilities, COVID-19 considerably impacted the studied market.
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themarketinsights · 1 year
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6G Technology Market May See a Big Move | MediaTek, Cisco Systems, Google, Huawei
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Advance Market Analytics published a new research publication on “Global 6G Technology Market Insights, to 2028” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the 6G Technology market was mainly driven by the increasing R&D spending across the world.
Major players profiled in the study are:
Apple Inc. (United States), Reliance Jio Infocomm Ltd. (India), China United Network Communications Group (Hong Kong), Cisco Systems, Inc. (United States), Google LLC (United States), Huawei Technologies Co., Ltd. (China), Intel Corporation (United States), LG Corporation (South Korea), MediaTek Inc. (Taiwan), Nippon Telegraph and Telephone Corporation (Japan)
Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/178505-global-6g-technology-market#utm_source=DigitalJournalVinay
Scope of the Report of 6G Technology
All of the major stakeholders in the 6G industry are now devoting their efforts on developing 5G spectrum and preparing for the transition from 4G to 5G. Currently, most firms such as smartphone makers, semiconductor vendors, smart technology vendors, and other major technology-oriented organisations are concentrating on creating applications for the 6G spectrum. Smart cities, edge devices, driverless cars, holographic communication, and satellite communication are examples of these uses. Such advancements are likely to accelerate the development of supported 6G technologies, which will have a significant influence on the 6G industry in the long run.
On 26th April, 2021 – Huawei (Leading Information and Communication Technology (ICT) Infrastructures Provider) Launched Satellites For 6G Network Technologies. The Event will be Followed by the Launch of 10,000 Small Satellites to Provide 6G Services Covering the World, As a Part of Huawei’s Global Vision.
The Global 6G Technology Market segments and Market Data Break Down are illuminated below:
by Application (Smart Cities, Satellite Communication, Data Connection, Others), Technology (Terahertz (Thz) Band, Artificial Intelligence (AI), Optical Wireless Communication (OWC), 3D Networking, Unmanned Aerial Vehicles (UAV), Wireless Power Transfer), End Use (Industrial, Commercial, Individual)
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