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  𝐓𝐡𝐞 #𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐕𝐚𝐫𝐢𝐚𝐛𝐥𝐞 𝐕𝐚𝐥𝐯𝐞 𝐓𝐢𝐦𝐢𝐧𝐠 (𝐕𝐕𝐓) 𝐒𝐲𝐬𝐭𝐞𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐫𝐞𝐯𝐯𝐢𝐧𝐠 𝐮𝐩! It's expected to reach a staggering US$ 65.11 Bn by 2029, with a CAGR of 5.5% during the forecast period. 𝐒𝐭𝐚𝐲 𝐭𝐮𝐧𝐞𝐝 𝐟𝐨𝐫 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐡𝐢𝐠𝐡-𝐨𝐜𝐭𝐚𝐧𝐞 𝐦𝐚𝐫𝐤𝐞𝐭! https://lnkd.in/gCTSBdVg #AutomotiveIndustry #VVTSystem #EmissionControl #FuelEfficiency #EnginePerformance  𝑴𝒂𝒓𝒌𝒆𝒕 𝑫𝒓𝒊𝒗𝒆𝒓𝒔 𝒂𝒏𝒅 𝑹𝒆𝒔𝒕𝒓𝒂𝒊𝒏𝒕𝒔: ✅ Stringent government emission norms ✅ Increasing automotive industry demand ✅ Improved engine life and technological advancements ⚠️ Adoption of battery electric vehicles may restrain VVT system growth  𝑲𝒆𝒚 𝑺𝒆𝒈𝒎𝒆𝒏𝒕𝒂𝒕𝒊𝒐𝒏: 🔹 By Fuel Type: #Gasoline and #Diesel 🔹 By Product Type: #ContinuousVVT and #NonContinuousVVT 🔹 By Vehicle Type: #PassengerVehicles, #CommercialVehicles, #ElectricalVehicles  𝑹𝒆𝒈𝒊𝒐𝒏𝒂𝒍 𝑶𝒖𝒕𝒍𝒐𝒐𝒌: 🌍 Europe to hold the largest share in 2022 🌏 Asia Pacific to witness faster growth, driven by rising fuel prices and demand for fuel-efficient vehicles #AutomotiveMarketResearch #IndustryTrends #MarketAnalysis #GlobalMarket

Powering the Future: Leveraging the Electric Mobility Promotion Scheme In the wake of the FAME II scheme's conclusion, the introduction of the Electric Mobility Promotion Scheme 2024 by the Ministry of Heavy Industries is a beacon of progress for the electric vehicle industry, especially for us in the electric two-wheeler sector. With a focused outlay of Rs. 500 crore, the scheme is set to catalyze the next wave of growth in electric mobility. In addition, offering a substantial subsidy of Rs. 5,000 per kWh for electric two-wheelers, capped at Rs 10,000 per vehicle, this scheme could be a game-changer for both manufacturers and consumers. By covering both commercial and private registrations, the scheme ensures a wider adoption of electric two-wheelers across various segments of society. As a leading electric two-wheeler manufacturer, we are excited to embrace this scheme, which not only supports our vision for a sustainable future but also enables us to push the boundaries of innovation and affordability in the electric vehicle space. We are hopeful that we will be able to make the most of this opportunity to enhance our product lineup and contribute to India's electric mobility success story. #EMPS2024 #ElectricTwoWheelers #CleanEnergy #Innovation #EVMobilityScheme #SokudoElectricIndia

CHICAGO, April 4, 2024 /PRNewswire/ — Future Of Hydrogen in Automotive Market size is projected to grow from an estimated 23 thousand units in 2024 to 353 thousand units by 2035, at a CAGR of 28.3%, according to a new report by MarketsandMarkets™. Factors such as higher driving range than battery electric vehicles, zero-emission nature of the hydrogen-powered vehicle, and government … The post Hydrogen automotive market to surge: 23K to 353K units by 2035 appeared first on Telematics Wire. https://lnkd.in/ggTnANFX

#Invitation to register for Webinar (1000 IST, Wednesday, Feb 28, 2024) - Discover the benefits of Toshiba rechargeable battery SCiB™ https://lnkd.in/gFhQThts We are happy to announce the first of a series of Webinars on Toshiba SCiB™ rechargeable lithium-ion batteries. These rechargeable lithium-ion batteries now find application in a wide spectrum, from replacing fossil fuel based plants in large-scale grid storage to fueling the burgeoning demand for eco-conscious transportation. Toshiba’s SCiB™ has been widely used for vehicle, industrial and infrastructure applications, including automobiles, buses, railroad cars, elevators and power plants.   If you are from E-Bus or AGV/AMR (Bots) Industry or you think these batteries can have a great application in your area of work, we invite you to join in the webinar as per given schedule. We are sure this session will be useful for you. There is no joining fee for this webinar.   You can register yourself and/or other colleagues from your organization at the Registration Page: https://lnkd.in/gFhQThts Let’s revolutionize your business with Toshiba rechargeable battery “SCiB™”! #sustainability #greenmobility #battery #lithiumionbatteries #toshiba

The Q2 2023 Automotive industry demand forecast by the Advanced Propulsion Centre UK shows an evolving industry, as the demand for Permanent-Magnet Synchronous Motors (PMSM) decreases in favour of more sustainable alternatives. This shift underscores the industry's drive to reduce its reliance on rare earth materials. At DG Innovate, we are not just witnessing this change but leading it, with our M-TORX magnetless motors setting a benchmark for innovation. Link in comments to the APC's report. #automotive #ev #electricvehicle #magnetlessmotor https://lnkd.in/eGM3MeTE

As per a recent report by the Confederation of Indian Industry - CII -, India must install more than 400,000 EV chargers annually to meet the projected demand, totalling around 1.32 million - … - - https://lnkd.in/dk6wTP8r #automotive #evs #ev #electricmobility #emobility #ebikes #fleets #evfleet #evnews #autonews #electricvehicles #electricvehicle #automotiveindustry #automotivejobs #cleantech #cleanenergy #hydrogen #lithium #evbattery #sustainability #climatechange #cii #confederationofindianindustry #electricvehicles #ev #evchargers #india

Tracking Electric Vehicles On track Electric vehicles are the key technology to decarbonise road transport, a sector that accounts for over 15% of global energy-related emissions. Recent years have seen exponential growth in the sale of electric vehicles together with improved range, wider model availability and increased performance. Passenger electric cars are surging in popularity – we estimate that 18% of new cars sold in 2023 will be electric. If the growth experienced in the past two years is sustained, CO2 emissions from cars can by 2030 be put on a pathway aligned with the Net Zero Emissions by 2050 (NZE) Scenario. However, electric vehicles are not yet a global phenomenon. Sales in developing and emerging economies have been slow due to the relatively high purchase price of an electric vehicle and a lack of charging infrastructure availability. #snsinstitutions #snsdesignthinkers #designthinking

The Indian electric vehicle (EV) market achieved a noteworthy milestone in 2023, surpassing 1.5 million unit sales and marking an impressive 50% year-on-year growth. Despite constituting only 1% of total vehicle sales, this achievement underscores a positive trajectory toward sustainable and greener transportation. Government initiatives, such as the Auto Production Linked Incentive (PLI), Advanced Chemistry Cell battery PLI, and FAME II, have been instrumental in propelling this success, providing crucial support and incentives for both manufacturers and consumers. The rapid growth, particularly in the passenger vehicle segment, reflects a growing interest in EVs, driven by increasing environmental awareness and a shift towards cleaner and more sustainable mobility solutions. The success of these initiatives is a testament to the government's commitment to fostering a green and sustainable transportation ecosystem. . . #evnewsupdate #evbudget #ev2024 #evmarket #evinsights #terracharge