pectively. In the short term, electric hybrid demand will grow especially in Europe, giving way post-2027 to BEVs. Investment in advanced battery-cell chemistries is crucial to meeting this shift. Global battery demand for passenger cars and small vans is expected to reach 4 TWh by 2035, with a 14% CAGR globally and 17% CAGR in the UK and Europe. The report highlights the need for investment in Europe’s supply chain for cathode and anode active...

News  Updated at: 2025/01/22

d the production and servicing of engines. The New Technology segment (formerly Green) will focus on e-products and hydrogen combustion engines. By 2030, Deutz aims to achieve total revenue growth of around EUR 4.0 billion. The Solutions segment is expected to grow at a compound annual growth rate (CAGR) of 30%. The New Technologies business is targeted to grow to over EUR 300 million in both areas organically and inorganically, while the Energy ...

News  Updated at: 2024/10/10

apita is forecast to climb from USD 12,000 in 2023 to USD 19,000 in 2035. India’s growing young population presents an advantage, but proper education and skill development are essential to fully harness this demographic potential. Overall, we forecast India’s Light Vehicle sales will grow at a CAGR of 4-5% in the next decade, compared to 5-6% in the pre-COVID ten-year period. Passenger Vehicle density is expected to increase from about 44 un...

News  Updated at: 2024/10/02

elections in April-May 2024 pose some uncertainty. Although Prime Minister Narendra Modi’s ruling party is widely expected to win, a new government normally pauses and reviews fiscal spending. In the long term, we predict India’s Light Vehicle sales will expand at a compound annual growth rate (CAGR) of 4% over the next decade, versus 5.5% in the ten years pre-COVID-19 (2009-2019). By comparison, the CAGRs for China, the United States, and Ge...

News  Updated at: 2023/12/22

or more than EUR 25 billion revenue and a 10%+ operating profit margin in 2031, targeting breakeven both in operating margin and in free cash flow by 2025. Unit sales are forecasted at 45,000 in 2023 with 1 model, 300,000 in 2025 with 4 models and 1 million in 2031 with 7 model. Anticipating a 30%+ CAGR, revenues are projected to surge from EUR 2.8 billion in 2023 and over EUR 10 billion on 2025 to over EUR 25 billion in 2031. Sales to partners, ...

News  Updated at: 2023/11/16

. Notably, five Chinese OEMs (MG, Great Wall, Neta, Wuling, and BYD) have already invested in this region with more Chinese OEMs like Chery expressing interest in launching products, signifying the growing influence of Chinese OEMs in the ASEAN region. BEV sales are forecast to grow by at least 27% CAGR this decade, while Chinese OEMs will contribute more than half of the region’s BEV sales and dominate the segment. This success will be a stepp...

News  Updated at: 2023/09/06

of the Cybertruck, a full-size electric pickup truck, at its Gigafactory Texas. Delivery of vehicles is expected to begin as early as September. In addition, various approval procedures for Gigafactory Mexico are progressing rapidly.Tesla expects to exceed its long-term compound annual growth rate (CAGR) target of 50% for the full year of 2023, with production and deliveries at the 1.8 million vehicle level.Tesla's financial documents on July 19...

News  Updated at: 2023/07/20

C.E. Info Systems, India share updates its five years strategy and future of automotive products On June 8, C.E. Info Systems Limited announced its plan to achieve a revenue milestone of over INR 10 billion by the fiscal year 2027 or 2028, with a projected compound annual growth rate (CAGR) of 35-40%. The company currently handles approximately 1.9 million vehicles in its automotive original equipment manufacturer (OEM) segment and expects a thre...

News  Updated at: 2023/06/13

billion to adapt those in Spain (Martorell and Pamplona) into global BEV production hubs. Other large European automakers like BMW (Debrecen, Hungary), Mercedes-Benz (Jawor, Poland) and Volvo (Kosice, Slovakia) have planned construction of new BEV-only plants. Note: Compound Aggregate Growth Rate (CAGR) is measured from 2022 to 2030. Numbers are for personal BEVs, apart from North America which is light vehicle. These lofty ambitions and the eye...

News  Updated at: 2023/05/11

upled with rising raw material costs, will further push up vehicle prices in a highly price-sensitive market. This could delay the entry of new buyers into the market as well as slow the conversion of two-wheeler users to four wheels. In the longer term, we forecast the Indian market to expand at a CAGR of only 2% over the next decade, with sales expected to reach 5.52 mn units in 2032. This growth compares to a CAGR of 5.5% during the pre-pandem...

News  Updated at: 2022/12/21

ofit pool. Ampere targets to produce around 1 million EVs for the Renault brand in 2031.Ampere relies on a high-tech and top-competitive manufacturing footprint, a European EV value chain, and breakthrough Software-Defined Vehicle (SDV) technology. With above 30% of the compound annual growth rate (CAGR) in the 10 years to come, Renault also plans an Envisaged IPO on Euronext Paris earliest H2 2023 for Ampere.Renault also announced the partnershi...

News  Updated at: 2022/11/08

ales in the region. However, because of the war in Ukraine, the lockdowns in China and the ongoing global supply disruptions, our forecasts remain cautious. We expect India to be amongst the fastest-growing markets in the Asia-Pacific region in the long term, with LV sales calculated to expand at a CAGR of 5% over the next seven years. The only other major markets in the region to grow at roughly the same pace are Thailand, Vietnam, and the Phili...

News  Updated at: 2022/05/10

Malaysian BAuto to see sales recovery in FY23-24 pushed by non-national marques, Affin Hwang says Reported on April 22, 2022, Malaysian-based Bermaz Auto Bhd (BAuto) is expected to record around 14% compounded annual growth rate (CAGR) for FY2022 to FY2024, propelled by a stronger portfolio of non-national car brands. According to Affin Hwang Capital, the gradual recovery in sales volume across its Malaysia and Philippines business would support ...

News  Updated at: 2022/04/25

acilities, grow global sales and service operations teams, maintain its capital needs, and other corporate uses.Tritium looks forward to future growth with global EV sales expected to have surpassed 6.3 million in 2021 and global passenger EV sales expected to grow at a compound annual growth rate (CAGR) of 17% through 2040. (Tritium press release on January 13, 2022)...

News  Updated at: 2022/01/17

ie-cutting tool manufacturing industry 2020 revenue of MYR 197.7 million, TA Securities said CEKD's market share is estimated at 13.4%.Meanwhile, market research firm Protégé Associates said Malaysia's die-cutting tools manufacturing industry is projected to grow at a compound annual growth rate (CAGR) of 3.2% from MYR 216.5 million in 2019 to MYR 261.0 million in 2025. The growth is anticipated to mirror that of the global economy given that t...

News  Updated at: 2021/09/16

sales will have to expand in order to comply with future environmental strategies in both the US and Canada. The Canadian government recently set a soft target for all new Light Vehicles to be zero-emission by 2035, five years sooner than previously planned. But meeting this target would require a CAGR of nearly 29% from the current market share. And the government would, ideally, like to keep its fuel economy standards linked to those of the US...

News  Updated at: 2021/07/15

 Johnson Matthey to deliver significant future growth in fuel cell technologies Johnson Matthey announced that its business for fuel cell has grown strongly, with a 38% sales CAGR since 2015. Its customers include major global truck and automotive OEMs and leading players in the important and fast-growing Chinese market. It is well positioned across the fuel cell components value chain, which includes manufacture of catalyst coated membranes (CC...

News  Updated at: 2020/09/18

creasing the concept of contactless transportation thereby enhancing consumer confidence in these troubled times. Post COVID-19, the global electric vehicle and electric vehicle infrastructure market is projected to reach 4.18 million units by 2021 from an estimated 3.42 million units in 2020, at a CAGR of 22.1% and India is expected to be a significant contributor to this growth. Based on Hero Electric press release...

News  Updated at: 2020/05/05

019 is estimated at approximately USD 2.5 billion, corresponding to an average annual new order intake value of around USD 550 million, of which around 70% is for Active Safety orders. Veoneer estimates its core Active Safety and Restraint Control Systems sales to grow to USD 2.5 billion by 2022, a CAGR of 19%, an outperformance of the currently expected light vehicle production by more than 15%. Including its Brake Control Systems business, curr...

News  Updated at: 2020/01/03

ction of modern technology in Bangladesh with best-in-class fuel efficiency, superior reliability and a host of features to enhance the comfort and safety of drivers and profitability for transporters. This order further strengthens its position in Bangladesh, where we have been growing by over 37% CAGR for the last 5 years.Eicher Group press release...

News  Updated at: 2018/08/27