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ABI: connected car market will endure a 15% shipment decline, flat revenues in 2020; sales return on trend early 2022

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After years of consistent growth, the connected vehicle industry will face a 15% decline in shipments and flat revenues in 2020, according to projections by ABI Research, a global tech market advisory firm. ABI Research expects 115 million global connected car shipments, and a market value of US$83 billion in 2025. inch touch control.

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Honda aiming to sell 3.5M electric motorcycles per year by 2030

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Honda will introduce more than 10 new electric motorcycle models by 2025, with an aim to reach annual electric motorcycle sales of 1 million units within the next five years, and 3.5 million units (approximately 15% of total sales) as of 2030. Commuter EVs. Commuter EMs / EBs. Platform strategy.

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Zac Hollis joins VinFast as its Asia head | Autocar Professional

Baua Electric

Zac Hollis, former brand director of Skoda Auto India, has joined Vietnamese EV major VinFast as its Asia Head. He was appreciated by thousands of Skoda Auto car owners for his active connection with brand lovers and car owners through various social media platforms.

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Kia Sonet sales in India cross 300,000, exports exceed 86,000 units | Autocar Professional

Baua Electric

The Sonet, Kia India’s first compact SUV, has driven past 300,000-unit sales in the domestic market. Combined with exports of 86,780 units, the Sonet has chalked up cumulative sales of 391,091 units and is now just 8,909 units shy of the 400,000 mark. Sonet drove past the 300,000 sales milestone in February 2024.

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Toyota develops “Total-care Service” for ride-hailing companies; rollout with Grab in Singapore

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Singapore will see the first service roll-out, with Toyota Motor Asia Pacific Pte Ltd. TMAP)—the sales & marketing regional headquarters of Toyota Motor Corporation (TMC) in Asia—offering the Total-care Service for 1,500 Toyota vehicles owned by Grab Holdings, Inc. Grab) through its subsidiary GrabRentals.

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CEO’s Take On 2024: Demand for feature-rich, safe, connected and electric vehicles to drive auto parts industry, says Bosch India chief – ET Auto

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A high sales base in 2023, upcoming elections, and ongoing global uncertainties like the Red Sea crisis, the conflict in West Asia, the Russia Ukraine war and the generally depressed advanced economies are all contributing to this year’s anticipated moderate growth.

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BYD partners with Keihan Bus and Kansai Electric Power to build Japan’s first pure electric bus loop line

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In the same spirit, this latest deal is not only an active response to the Japanese government’s goal of achieving Japan’s 2050 carbon neutrality target for a carbon-free society, but also an effort to achieve the Ministry of Economy, Trade and Industry’s plan to ban the sale of new gasoline-powered vehicles in the mid-2030s.

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