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ABI Research: by 2028, automakers will save $1.5B using over-the-air updates to fix recalled cars

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According to global technology intelligence firm ABI Research, performing these legally required software updates in-person costs OEMs half a billion dollars annually. Its 2016 recall of 3.6 By 2028, automakers in the United States will use Over-the-Air (OTA) update capabilities to save US$1.5

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Forecast: Electric Two-Wheelers Poised for Strong Global Growth; 9% CAGR Worldwide

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Pike global markets forecast of annual electric two-wheel vehicle sales, excluding Asia-Pacific, through 2016. A new report from Pike Research anticipates that the global market for electric two-wheeled vehicles—e-bikes, e-scooters, and e-motorcycles—will grow at a compound annual rate of 9% through 2016.

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Navigant forecasts global medium- and heavy-duty alt powertrain sales to exceed 820K units in 2026

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According to a new forecast report from Navigant Research, global commercial alternative powertrain medium- and heavy-duty vehicle (MHDV) sales will grow from about 347,000 vehicles in 2016 to more than 820,000 in 2026, representing a CAGR of about 9%. A major factor has always been the cost of battery packs.

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Tesla-style Over-the-Air updates will save OEMs $1.5B: research

Teslarati

billion by 2028, new research from global technology intelligence firm ABI states. ABI recognized Tesla as the “leader in this space” and notes that the company “has never required an in-person software update” to solve a vehicle recall.

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Tesla and EVs have saved at least 120,000 lives so far

Teslarati

Those 4,434 metric tons of carbon dioxide could also cause one extra death globally from 2020 through 2100. In Tesla’s Impact Report, Tesla shared that in 2021, its global fleet of vehicles, energy storage, and solar panels combined avoided the emissions of 8.4 They also introduced another metric: the mortality cost of carbon.

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J.D. Power sees hybrid and EV share below 10% of US market through 2016 despite rising fuel prices

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By the end of 2016, J.D. Power also sees hybrid and electric vehicle share of the US market to remain below 10% through 2016. It is the financial issues that most often resonate with consumers, whether it is the higher price of the vehicle itself, the cost to fuel or charge the vehicle, or the fear of higher maintenance costs.

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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

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Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers. Source: ExxonMobil.

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