China, the U.S. and Europe were the three main markets, amounting to 90 percent of all the electric vehicles sold. China remained the largest market in 2016, accounting for more than 40 percent of global EV sales.
A rise in innovative business models and services such as e-retailing, telematics and connected car systems, and e-stores are factors propelling demand and creating value for customers in a price-sensitive market.
The border adjustment tax, which would impose a 20 percent tax on imports, has the support of House Speaker Paul Ryan and other Republicans, but is opposed by others in the party and several import-heavy industries including auto manufacturers, dealers and parts suppliers.
VW's Electrify America subsidiary is partnering with EVgo to create a network of 450 electric vehicle charging stations in 11 major metropolitan areas along with strategically placed fast-chargers along heavily traveled highways.
Joe Madden, principal analyst at Mobile Experts, discusses the company's report on automotive Internet of Things (IoT) devices, in which the firm predicted that overall wireless IoT module shipments for automotive will triple by 2021.
The U.S. automotive aftermarket is expected to grow at a compound annual growth rate (CAGR) of 3.6 percent through 2020, according to the “2017 Joint Channel Forecast Model” produced jointly by the Automotive Aftermarket Suppliers Association (AASA) and the Auto Care Association.
Aftermarket V2V devices will play a big role in determining how quickly autonomous vehicles become successful. But just how big a role will be determined by how the intricacies of the proposed National Highway Traffic Safety Administration (NHTSA) standard work out.
Automotive eRetailers in the Americas are redrawing the boundaries of aftermarket service through innovative business models and transforming automotive product sellers into end-to-end solution providers.
Auto service and repair shop owners and technicians are getting more comfortable with some aspects of ordering auto parts online, according to the 2017 Aftermarket Business World Online Purchasing Habits study.
The car is considered the next important computing platform, as more connected vehicle technology enters the market. Technology vendors are looking for ways to better integrate vehicles into the burgeoning Internet of Things (IoT).
The strength and vitality of the U.S. automotive aftermarket contributed to another year of increased merger and acquisition (M&A) activity in 2016 and the trend will continue through 2017, according to two reports released by AASA.