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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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Porsche flexes e-Motorsport prowess with GT4 ‘ePerfomance’

Teslarati

Porsche has shown off its electric GT4 ePerformance racecar at an ice track race in Sweden. As a leader in vehicles that put a smile on your face, Porsche is under distinct pressure to bring that same excitement and joy to the EV transition, and it’s clear that it intends to do just that.

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Mercedes more than doubles EV sales in 2022, announces upcoming model

Teslarati

Mercedes-Benz has announced its sales statistics for 2022, revealing that the company more than doubled its EV sales compared to 2021. Compared to its traditional rivals, BMW, Audi, and Porsche, it has a far more aggressive electrification plan and has introduced significantly more EV models than its competitors.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Broadly, Navigant expects expansion in both the higher end of the market (thereby putting competitive pressure on Tesla Motors), as Audi, BMW, Cadillac, Mercedes, Saab, and Volvo introduce their first plug-in cars. Navigant’s 10 predictions of significant trends shaping the PEV market in 2014 are: Click to enlarge.

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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

The first step will address topics such as the application of specific market knowledge as well as local development expertise. In the long term, the Volkswagen Group is looking to further expand its product portfolio in the fast-growing emerging markets. Global ŠKODA sales reached 1.3 million cars in 2016.

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Tesla analyst states Giga Shanghai production cut is “NOT” about Chinese competition

Teslarati

Reports state that the production cut is due to increased competition in China’s EV market. So Tesla might decide to export Giga Shanghai’s vehicles to other markets. There are still plenty of countries in Asia that would be interested in selling Tesla vehicles. Tesla China quickly denied the rumors.

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Lotus in ‘a good place’ to go public, valued at $5.4b

Baua Electric

Catteron Asia Acquisition in the first quarter, according to company head Mike Johnstone. billion), Renault says that market conditions aren’t optimal to make the move. In 2026, the company also plans to release an electric SUV mysteriously dubbed Type 134 to rival the Porsche Macan. The EV arm of the company is valued at $5.4

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