CHINA is extending its lead in the development of new-energy vehicles this year, mainly driven by rapid market growth and increasing battery production capability, according to a report published by German consulting firm Roland Berger. In terms of the sales target of electric vehicles, China sets a target of having electric vehicles account for 15 percent to 20 percent of the total car sales in 2025 and 40 percent to 50 percent of those sold in 2030, Roland Berger said in it
At NADA convention held in Las Vegas, we learned about the four major trends that were emerging and that would have an impact for years to come: Social networks are allies for dealerships, not just a branding tool. Customer retention should be pursued by every department. Customers want purchase processes like those offered by Amazon and Apple. Data safety is crucial. Now it’s one year later, and we ask ourselves: Will these trends continue in 2017? What new difficulties will
Disruptive innovation has reached a multitude of industries with the majority adapting fast to a changing environment. As the logistics industry is experiencing strong inflection points, such as high inefficiency – for example, a staggering 50% of transporters travel without cargo post-delivery – it is not surprising that this industry is being forced to innovate rapidly and develop solutions. The major component driving this innovation process is digital transformation, whic
CHINA is aiming to become a world automaking powerhouse in a decade, vowing to boost development of new-energy vehicles and relax restrictions on foreign ownership in the auto industry. The country will strive to achieve breakthroughs in key technologies and markedly increase the share of Chinese brands in the international auto market by 2025, according to an auto industry development plan released yesterday by three government departments, including the Ministry of Industry
Industrial robots are in high demand in the automotive sector, and a research company is saying the market will grow to beyond $8 billion by 2021. In the report published by MarketsandMarkets, the market was estimated to be $5.07 billion in 2016, and is projected to grow to $8.44 billion by 2021, at a growth rate of 10.74 per cent. The full title of the study is Automotive Robotics Market by Type (Articulated, Cartesian, SCARA, Cylindrical), Component (Controller, Robotic Arm
SOUTH AMERICA The automobile market will grow significantly by 2025, becoming one of the top three growth markets globally for light vehicle sales and presenting opportunities for improvements in fuel efficiency and reduced CO2 emissions, according to a forecast by IHS Automotive, the leading provider of comprehensive content, expertise and insight on the global automotive industry.
IHS Automotive forecasts that nearly 2.3 million additional vehicles will be sold in South A