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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210
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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. That is why we are systematically pursuing our regional growth strategy.

Motor 150
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Indian automotive aftermarket expected to reach USD 14 billion by 2028: E&Y report – ET Auto

Baua Electric

The commercial vehicle parc is expected to grow from 13 million units to 19 million units in 2028. On the international front, the study covers 39 countries and narrows down its focus to 10 major export markets, identifying over USD 35 billion worth of export opportunities. The pre-owned cars sales are projected to grow around 17.5%

Auto 52
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Daimler & Renault-Nissan Alliance expand cooperation to 1-ton pickup trucks

Green Car Congress

The pickup will feature a double cab and will be targeted both at personal-use and commercial customers. The primary target markets for the truck are Europe, Australia, South Africa and Latin America. The three trucks will also be built in the Nissan plant in Barcelona, Spain, for other markets, excluding North America.

Nissan 150
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Ford opening 66 more new dealerships in China by end of year; Asia-Pacific growth plans

Green Car Congress

Ford expects 70% of its growth in the next ten years to come from its Asia Pacific and Africa region. Ford’s Asia Pacific and Africa region encompasses markets on three continents, including Australia, China, India, Thailand and South Africa. Ford is aggressively expanding in Thailand as well.

Asia 199
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The Global Outlook of Electric Vehicles

Blink Charging

Based on 2021 sales volumes,” the IEA’s report says, “about 25% of the global car market is subject to a 100% ZEV (zero emission vehicle) sales ambition or target, or ICE ban by 2035 according to government announcements.” Europe has also invested in domestic battery development to increase its own market share.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

A group of 10 Key Growth countries is expected to represent an increasingly significant share of the global energy market due to their rising populations and living standards. Commercial transportation—heavy-duty vehicles, marine, aviation and rail—drives the growth in energy for transportation in every region.

Energy 252