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Strategy Analytics: following steep 2020 declines, global ride hailing market rebound in sight

Green Car Congress

Strategy Analytics’ Automotive Connected Mobility service released its H1 2021 Global Ride-Hailing Market Update and its associated Global Ride-Hailing Forecast , tracking more than 140 unique operators across 119 different countries. over the next 10 years, with a global market recovery expected toward the end of 2022.

2020 243
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Geely subsidiary Geespace successfully launches first 9 satellites of planned 240; positioning and connectivity

Green Car Congress

Geespace’s terrestrial base station in Korla, China has reported that they have connected the first nine GeeSAT-1 satellites and which are all functioning correctly post launch. Initially, service coverage will be provided to the Chinese market and the Asia-Pacific region with plans for expanding global coverage after 2026.

Connect 435
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EV Connect pilots first V2G charging project in the Midwest

Green Car Congress

EV Connect, a California-based software-as-a-service company, is collaborating with the Indiana-based Battery Innovation Center (BIC) and Energy Systems Network (ESN) to deploy Indiana’s first large-scale Vehicle-to-Grid capable charging system to support school bus fleet, HD truck, and other customer segment applications.

Connect 345
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ABI: connected car market will endure a 15% shipment decline, flat revenues in 2020; sales return on trend early 2022

Green Car Congress

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.

Connect 170
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Yara Clean Ammonia and Bunker Holding to develop the market for ammonia as a shipping fuel

Green Car Congress

Yara Clean Ammonia (YCA) and Bunker Holding Group signed an MOU establishing the intention to collaborate to accelerate the development of the market for clean ammonia as a shipping fuel. This commitment will cover multiple global geographies and focus on serving First Mover initiatives spanning different regions.

Clean 195
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Stellantis, Foxconn to form JV to develop breakthrough digital cockpits and personalized connected services

Green Car Congress

Stellantis NV and Hon Hai Precision Industry Co., Stellantis NV and Hon Hai Precision Industry Co., Mobile Drive will combine Stellantis’ global vehicle design and engineering expertise with Foxconn’s global development in the rapidly changing software and hardware realms of smartphones and consumer electronics.

Connect 252
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Volkswagen factories in the US and Mexico to link up with the Industrial Cloud

Green Car Congress

Volkswagen plans to connect its production facilities in Chattanooga (TN), Puebla and Silao (Mexico) with the global Industrial Cloud initiative from the Volkswagen Group and Amazon Web Services (AWS). Volkswagen’s three North American plants are the first outside Europe to be networked with the Industrial Cloud.

Mexico 259