Tagged: USD

REE Automotive Awarded $17 USD Million Funding from the UK

  • Funding will allow REE to advance commercial production of its breakthrough REEcorner™ technology and ultra-modular EV platforms
  • Project to help accelerate industry shift towards net zero-emissions with REE’s technology designed to support extensive range of electric vehicles

TEL AVIV, Israel, Aug. 19, 2021 (GLOBE NEWSWIRE) — REE Automotive Ltd. (NASDAQ: “REE”), an innovator in e-mobility which recently started to trade on Nasdaq, today announced that its REEcorner™ technology was awarded $17 million USD funding from the UK government as part of a $57 USD million investment, coordinated through the Advanced Propulsion Centre (APC). The investment is in line with the

Read more

At 15.6% CAGR, (ESVE) Electric Vehicle Supply Equipment Market Size was worth USD 14.04 Billion in 2020, Says Brandessence Market Research

PUNE, India, Aug. 17, 2021 /PRNewswire/ — Global Electric Vehicle Supply Equipment (ESVE) Market is valued around USD 14.04 Billion in 2020 with the CAGR of 15.6% over the forecast period.

Global Electric Vehicle Supply Equipment (ESVE) Market: Global Size, Trends, Competitive, and Historical & Forecast Analysis, 2021-2027– Growing adoption of electric vehicles, supportive government policies to promote electric vehicle and rising development in technology are some major factors driving the growth of Global Electric Vehicle Supply Equipment (ESVE) Market.

Get Sample Copy of this [email protected] https://brandessenceresearch.com/requestSample/PostId/1646

Electric vehicle supply equipment (EVSE) supplies power to an electric

Read more

Automotive Subscription Services Market to grow by USD 9.15 billion|Technavio

NEW YORK, Aug. 3, 2021 /PRNewswire/ — The automotive subscription services market is set to grow by USD 9.15 billion, progressing at a CAGR of almost 64% during 2020- 2024. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

Attractive Opportunities with Automotive Subscription Services Market by Distribution Channel and Geography - Forecast and Analysis 2020-2024

Attractive Opportunities with Automotive Subscription Services Market by Distribution Channel and Geography – Forecast and Analysis 2020-2024

Technavio reports offer customer landscape matrix and vendor landscape analysis that assists global businesses to obtain growth opportunities.
Download Free Sample Report

The market is fragmented, and the degree of

Read more

Electric Vehicle (EV) Charging Station Market to grow by USD 22.02 billion

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., ChargePoint Inc., ENGIE SA, EV Safe Charge Inc., EVgo Services LLC, Leviton Manufacturing Co. Inc., Schneider Electric SE, Siemens AG, Tesla Inc., and Webasto SE are some of the major market participants. The increasing number of M&A and strategic partnerships will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Electric Vehicle (EV) Charging Station Market 2021-2025: Segmentation

Electric Vehicle (EV) Charging Station Market

Read more

Automotive Airbags Market Size is Projected To Reach USD 15980 Million By 2027 at a CAGR of 2.8%

BANGALORE, India, Aug. 2, 2021 /PRNewswire/ — Automotive Airbags Market Product Type – Frontal Airbags, Side Airbags, Curtain Airbags, Knee Airbags, Other, Application – Sedan, SUV, Pickup Truck, Other. It is published in Valuates Reports under the Automotive Industry Category.

The global Automotive Airbags market size is projected to reach USD 15980 million by 2027, from USD 13350 million in 2020, at a CAGR of 2.8% during 2021-2027.

Major factors driving the growth of the Automotive Airbags market are:

  • The rise in traffic congestion and increase in vehicle density in larger cities coupled with human error during driving are
Read more